Analysis: Indices

Prosthetics maker Ottobock plans to raise $941 million in German IPO

German prosthetics company Ottobock said on Tuesday it plans to raise about 807 million euros by pricing its planned initial public offering at 66 euros per share. The world's largest...

US natgas output and demand to hit record highs in 2025, EIA says

U.S. natural gas output and demand will both rise to record highs in 2025, the U.S. Energy Information Administration said in its Short-Term Energy Outlook on Tuesday. EIA projected...

Colombia has best coffee harvest in decades, warns of lower 2025/26 crop

BOGOTA -Colombia closed its best coffee year in more than three decades, boosted by favorable weather conditions and the impact of crop renewal, although production is expected to decline in the...

Gold powers ahead in record-breaking run, marches towards $4000 mark

Gold extended its record-breaking rally on Tuesday, hovering just $22 shy of the $4,000 per ounce milestone, driven by expectations of a Federal Reserve rate cut later this month and persistent...

India's September fuel demand drops to one-year low

India's fuel consumption hit one-year low in September, slipping by half percentage point month on month to 18.63 million metric tons, oil ministry data showed on Tuesday. WHY IT'S...

Angola returns to capital markets with Eurobond as borrowing conditions improve

JOHANNESBURG -Angola is looking to raise $1.5 billion dollars in its return to international capital markets, the finance ministry said on Tuesday, becoming the latest African sovereign to seize on...

TSX opens flat as markets pause after record-breaking streak

Canada's main stock index opened muted on Tuesday, taking a breather after its recent record-breaking rally, as gains in technology shares offset declines in the real estate stocks. At...

Indonesia takes another step towards B50 biodiesel

JAKARTA -Indonesia took another step towards launching biodiesel containing 50% palm-oil based biofuel by concluding laboratory tests, an energy ministry official said on Tuesday, as the country...

TSX rises to record high as tech rally extends winning streak

Canada's main stock index continued its winning streak, surging to a fresh record high on Monday, fueled by gains in technology stocks and positive sentiment from Wall Street. Toronto's...

The memory of Abe propels the Nikkei

The Liberal Democratic Party elected Sanae Takaichi as its leader this weekend. She is therefore expected to succeed Shigeru Ishiba and become Japan's first female prime minister. True to Shinzo...

J.P. Morgan upgrades euro zone to 'overweight', cites attractive equities

J.P. Morgan upgraded its stance on the euro zone to overweight from neutral on Monday, noting that the equities in the region have become more attractive after several months of underperformance and...

Japan's stocks zoom, yen slumps as Takaichi win dims BOJ hike bets

TOKYO -Japanese shares surged to a record high on Monday, while the yen and long-term bonds tumbled as Sanae Takaichi was all but confirmed to become the country's next premier, stoking bets on a...

Gold could trade above $4,000/oz near term, HSBC says

HSBC said gold could trade above $4,000 per ounce in the near term, driven by geopolitical risks, fiscal uncertainties, and threats to the Federal Reserve's independence. Rallies can...

TSX rise on tech gains; Fed rate cut bets offset US shutdown concerns

Canada's main stock index hit a fresh record high on Friday, as technology shares climbed, while growing hopes of a near-term Federal Reserve rate cut overshadowed concerns over a U.S. government...

China's Chery explores plant-sharing deals in South Africa

GQEBERHA South Africa -China's Chery is in discussion with several automakers in South Africa about sharing plants with them to manufacture its vehicles, the company's regional head told Reuters.  ...

Global equity fund inflows hit 11-month high on Fed rate cut bets

Global equity funds witnessed robust demand in the week through October 1 as an inline U.S. inflation report and weaker-than-expected private payrolls data renewed hopes of Federal Reserve rate...

Stellantis aims to broaden planned South Africa plant's vehicle lineup

GQEBERHA South Africa -Stellantis intends to expand its product line-up at a planned manufacturing plant in South Africa, moving beyond pick-up trucks as shifting market dynamics prompt a strategy...

US soybean farmers, deserted by big buyer China, scramble for other importers

WATERMAN, Illinois -A trade mission to Nigeria. A memorandum of understanding with Vietnam. A surge of purchases from Bangladesh.  These countries are not typically major customers for...

India allows exports of de-oiled rice bran after two-year ban

NEW DELHI -India on Friday lifted its ban on exports of de-oiled rice bran with immediate effect, ending restrictions that had been in place for more than two years, the government said. ...