Analysis: Indices

China's Leapmotor launches EV hatchback at Munich car show, boosting European lineup

MUNICH -Leapmotor unveiled the B05, a new hatchback model, at the Munich car show on Monday, adding another product to the Chinese EV maker's lineup in Europe as competition heats up for affordable...

China's August exports to Russia post biggest fall in six months

BEIJING -China's yuan-denominated exports to Russia in August saw their biggest drop since February, while imports fell by double digits in percentage terms after climbing in July, Chinese customs...

India's stock benchmarks open higher on GST cuts, US rate cut hopes

India's equity benchmarks opened higher on Monday after dismal U.S. labour data increased expectations of a Federal Reserve rate cut, while the Indian government's tax cuts also buoyed sentiment. ...

China August rare earth exports fall 3.4% on month

BEIJING -China's rare earth exports in August fell 3.4% from July, customs data showed on Monday. The world's largest producer of rare earths last month exported 5,792 metric tons of a...

Russia is fully compliant with OPEC+ commitments, Novak says

MOSCOW -Russia is fully compliant with its OPEC+ commitments, Russian Deputy Prime Minister Alexander Novak said on Sunday. Eight OPEC+ members agreed to raise oil production by 137,000...

Gas storage levels in Italy and Europe are good, Italian minister says

CERNOBBIO, Italy -Gas storage levels in Europe are good, Italian Energy Minister Gilberto Pichetto Fratin said on Saturday, adding that his own country was close to the 90% target set by the European...

Canada pledges money, regulatory reform to boost biofuels

WINNIPEG, Manitoba -The Canadian government on Friday promised hundreds of millions of dollars and less onerous regulations to boost biofuels production, which the country's agriculture minister said...

China delays final ruling in canola dispute with top supplier Canada

BEIJING -China on Friday prolonged its probe into Canadian canola imports, buying six more months for negotiations that could ease a year-long trade dispute sparked by Ottawa's tariffs on Chinese...

Under pressure Argentine markets brace for key Milei midterm test

LONDON -Some of the world's top investment banks are backing Argentina's markets to bounce if fiery leader Javier Milei comes through key election tests which begin this weekend without too much...

S.Africa's electricity regulator backs ArcelorMittal's bid for discounted tariffs

ArcelorMittal South Africa meets the criteria for discounted electricity tariffs in terms of set rules, the country's energy regulator said on Friday, backing a plea by the loss-making steelmaker. ...

White House review of biofuel waiver plan pits farmers against refiners

The White House is reviewing a high-stakes rule that could reshape the balance of interests between oil refiners and farmers by determining how - or even whether - to redistribute huge volumes of...

South Africa's Eskom expects no power cuts over summer

JOHANNESBURG -South African state utility Eskom said on Friday it expects no power cuts over the southern hemisphere summer months, barring a rise in breakdowns at its facilities. ...

Global equity fund inflows jump on rate cut expectations

Global equity funds drew their biggest weekly inflows in three weeks in the period to September 3, lifted by growing expectations of a Federal Reserve rate cut this month and a favorable antitrust...

Inflation data looms for markets as stocks hover near records

NEW YORK -A spate of inflation data confronts U.S. stock investors in the coming week as markets grapple with fresh uncertainty over tariffs and government bond yields, while equities hover at lofty...

South Africa's Transnet's loss shrinks as viability doubts linger

JOHANNESBURG -South African freight rail and ports company Transnet made a smaller loss in the last financial year and said on Friday its turnaround programme was starting to deliver results,...

South Africa's Transnet narrows full-year loss to 1.9 billion rand

JOHANNESBURG -South African state-owned logistics group Transnet on Friday reported a smaller loss of 1.9 billion rand in the financial year to the end of March, down from a 7.3 billion rand loss in...

Palm oil yields at risk as Ganoderma appears in earlier planting cycles

KUALA LUMPUR -A fungal disease once confined to older palm trees in coastal areas is spreading across Malaysian palm plantations and appearing much earlier in growth cycles, threatening yields in...

S.Africa's ARM suspends mining operations at Bokoni platinum mine

South Africa's African Rainbow Minerals has suspended operations at its loss-making Bokoni platinum mine while it works on a revised mining plan for the asset, it said on Friday as it reported a...

African Rainbow Minerals profit down 47% on lower commodity prices

South Africa's African Rainbow Minerals said on Friday its full-year profit fell 47%, mainly due to lower iron ore and coal prices. ARM posted headline earnings of 2.695 billion rand ...