Analysis: Indices

Sasol expects profit rebound on higher chemical prices and lower impairments

South African petrochemicals company Sasol expects a rebound in full-year profitability on the back of higher chemicals prices, tighter cost controls and lower asset writedowns, it said on Tuesday. ...

Russian diamond maker Alrosa flags high rates, inflation pressure as revenue falls

Russia's sanctions-hit diamond producer Alrosa reported a 25% fall in first-half revenue on Tuesday, warning that geopolitics and macroeconomic uncertainties were weighing on demand as high interest...

Switzerland wants binding Trump commitment on gold tariffs, lobby group says

U.S. President Donald Trump's statement on not putting tariffs on gold has sent an encouraging signal for trade stability but only a formal decision will provide certainty, the head of the Swiss...

Shopee, 'Free Fire' game demand help Sea beat revenue estimates

Sea Ltd topped market estimates for quarterly revenue on Tuesday, powered by strong demand in its Shopee e-commerce business and its gaming division, sending the company's U.S.-listed shares nearly...

Comex aluminium premiums beyond August dip on US tariff rollback bets

LONDON -Prices of aluminium premium contracts on Comex exchange beyond August have fallen due to some speculation that tariffs on U.S. imports of the metal could be halved or that top supplier Canada...

India's soyoil imports set for record high, palm oil at five-year low

MUMBAI -India's soyoil imports are poised to surge 60% year-on-year to a record high in 2024/25, as refiners boost purchases due to cheaper prices compared with rival palm oil, shipments of which are...

South Africa to offer US a revised trade deal on Tuesday

PRETORIA -South Africa will submit a revised offer for a trade deal to Washington on Tuesday, the trade minister said, in an effort to lower the 30% tariff rate U.S. President Donald Trump imposed on...

JPMorgan says US tariffs will have limited impact on South Africa's assets

JOHANNESBURG -JPMorgan said on Tuesday the recently imposed 30% U.S. tariffs on South African exports are expected to have a limited effect on the country's assets, as markets have largely priced in...

Japan's Nikkei races to record high, SoftBank leads tech surge

TOKYO -Japan's Nikkei share gauge powered to an all-time high on Tuesday, driven by sharp gains for tech companies and renewed optimism over trade with the United States.  With...

Analysts react to Japan's Nikkei scaling record high

TOKYO -Japan's Nikkei gauge of blue-chip stocks powered to a record high on Tuesday, taking its cue from all-time peaks scaled by many global markets this year.  Here are analysts'...

Japan's July aluminium stocks down 0.4% m/m, Marubeni says

Aluminium stocks at three major Japanese ports fell to 315,400 metric tons at the end of July, down 0.4% from the previous month, Marubeni Corp said on Tuesday. Marubeni collects data...

Copper output from Chile's Codelco climbs 17% in June

SANTIAGO -Copper production from Chilean state-run miner Codelco ticked up 17% year-over-year in June, data from copper commission Cochilco showed on Monday, climbing to 120,200 metric tons. ...

Nigeria's non-oil exports jump nearly 20% in first half on cocoa, urea demand

ABUJA -Nigeria's non-oil exports rose 19.6% to $3.225 billion in the first half of 2025, its export promotion agency said on Monday, citing global demand for products such as cocoa and urea, as well...

South African coalition party says US trade deal may hinge on race policies

JOHANNESBURG -The second biggest party in South Africa's ruling coalition thinks the 30% tariff Donald Trump imposed on its exports to the U.S. will stay unless the government changes some domestic...

Hartree in talks to buy major cocoa trader Touton, sources say

LONDON/PARIS -Global energy and commodities trader Hartree Partners is in talks to acquire French agro-industrial firm Touton, which trades nearly 10% of the world's cocoa, two sources with direct...

South Africa's June manufacturing output rises 1.9% y/y

JOHANNESBURG -South Africa's manufacturing output rose 1.9% year on year in June, after rising by a revised 0.7% in May, statistics agency data showed on Monday. Factory production was...

Citigroup, UBS lift S&P 500 year-end targets echoing Wall Street peers

Citigroup and UBS Global Research became the latest Wall Street brokerages to raise their year-end targets for the S&P 500 index, pointing to receding policy risks and resilient corporate...

Chinese Chery's Omoda, Jaecoo brands launch in Iraq with Jameel as distributor

Jameel Motors has signed a deal to distribute automaker Chery's Omoda and Jaecoo brands in Iraq, the two companies said on Monday, joining other Chinese companies that have entered the country's...

Gold falls as markets await inflation data, Trump clarifies no tariffs on gold

Gold prices fell on Monday after President Donald Trump said tariffs will not be placed on imported gold bars, while investors awaited a U.S. inflation report that could provide an indication of the...