Analysis: Indices

India equity benchmarks open lower as pharma stocks slide on US tariffs

India's equity benchmarks opened lower on Friday, driven by losses in pharmaceutical shares after U.S. President Donald Trump announced a 100% levy on branded and patented drugs. The...

South Korea plans around-the-clock FX trade, US talks hit won

SEOUL -South Korea's president vowed to open its currency market for around-the-clock trading, giving easier access to foreign investors as the country seeks to boost the domestic stock market and as...

TSX ends lower for third day as technology shares slide

TORONTO -Canada's main stock index ended lower on Thursday for a third straight day as technology shares lost ground, but the commodity-linked market's decline was limited after data showed...

Russia, Ethiopia sign document calling for construction of nuclear plant

Russia and Ethiopia signed a document on Thursday calling for the planning and construction of a nuclear power plant in the east African country, RIA news agency quoted Rosatom, the state-owned...

Most coal-fired power plants will delay retirement to feed AI boom, energy secretary says

NEW YORK -The administration of U.S. President Donald Trump expects most of the nation's coal-fired power plants to delay retirement to help deliver the vast amount of electricity needed to fuel...

Argentina resumes export taxes on grains and by-products

BUENOS AIRES -Argentina has reimplemented export taxes on grains and their by-products after temporarily suspending them for two days as it has hit a target sales cap of $7 billion, Argentina's ARCA...

Relentless US stocks rally could teeter on inflation, earnings, valuation risks

NEW YORK -U.S. stocks have hit a string of record highs with minimal turbulence over the past few months, but investors say the rally could be undermined by persistently high inflation, possible...

China's August net gold imports via Hong Kong fall 39% from July

China's net gold imports via Hong Kong in August fell 39.11% from July, Hong Kong Census and Statistics Department data showed on Thursday. WHY IT'S IMPORTANT As the...

South Africa producer inflation rises to 2.1% y/y in August

JOHANNESBURG -South Africa's producer inflation was at 2.1% year on year in August, up from 1.5% in July, statistics agency data showed on Thursday. The Producer Price Index increased...

Economic growth edges higher for EBRD countries but tariff threat looms

The European Bank for Reconstruction and Development lifted its 2025 growth forecast for the first time in more than a year but warned that the effects of tariffs and war will weigh on growth in...

Indian shares open lower as U.S. visa curbs, foreign outflows weigh

India's equity benchmarks opened lower on Thursday after logging four straight sessions of losses as concerns over foreign outflows and U.S. visa curbs kept investors cautious. The...

Kenya eyes US trade deal by end of year, seeks five-year extension to Africa pact

NEW YORK -Kenya's President William Ruto said on Wednesday his country expects to sign a trade deal with the United States by year-end and that he will be pushing Washington to extend its duty-free...

Canada to boost Indonesia exports to diversify non-US trade, says minister

OTTAWA -Canada aims to establish duty-free access for up to 95% of its exports to Indonesia over the next eight to 12 months, International Trade Minister Maninder Sidhu said, after signing a trade...

US plans to extend Africa trade deal by a year, says Lesotho minister

MASERU -Lesotho's trade minister said on Wednesday that the U.S. plans to extend the African Growth and Opportunity Act , which gives the continent preferential access to U.S. markets, by a year,...

Aurubis starts production at US copper recycling plant

HAMBURG -Aurubis AG, Europe's largest copper producer, said on Wednesday it had started production at its newly built U.S. metal recycling plant at Richmond in Georgia. The plant will...

Indonesia's palm oil exports to EU to climb on trade pact, regulatory reprieve

MUMBAI -Indonesia's palm oil exports to the European Union are projected to increase in 2026, supported by a bilateral trade pact and the EU postponing its anti-deforestation law for a second time,...

Indian equity benchmarks slip for 4th session on US visa woes

India's stock benchmarks fell for a fourth consecutive session on Wednesday, their longest losing streak since mid-July, as concerns over the impact of U.S. visa curbs continued to weigh. ...

India's EXIM Bank boosts credit to exporters hit by US tariffs, eyes Africa expansion

MUMBAI -India's Export-Import Bank is increasing credit support to exporters and helping them diversify into newer markets, particularly Africa, following punitive U.S. tariffs on imports from the...

India's ONGC eyes acquisition of 2.5-3 GW renewable energy projects, exec says

NEW DELHI -India's Oil and Natural Gas Corp hopes to acquire 2.5-3 gigawatt renewable energy projects by 2030, Executive Director Satyan Kumar said on Wednesday. The company already...