Indices

Why are corn and soybeans at the heart of India-U.S. trade talks?

NEW DELHI -U.S. President Donald Trump said this week he spoke with Indian Prime Minister Narendra Modi mainly about trade, and that Modi had assured him India would limit its oil purchases from...

Stocks climb, US benchmark Treasury yields briefly fall after US inflation data

NEW YORK/PARIS -Major stock indexes rose, with U.S. stocks hitting record highs, and benchmark U.S. Treasury yields briefly fell on Friday as data showed U.S. inflation rose less than expected last...

OPEC ready to raise oil output if required after US sanctions on Russia, Kuwaiti minister says

KUWAIT -OPEC is ready to raise production by rolling back its oil output cuts further if required to address market shortfalls after the United States imposed new sanctions on Russian oil majors,...

Freeport-McMoRan profit beats as higher copper prices offset Grasberg troubles

Freeport-McMoRan posted a better-than-expected third-quarter profit on Thursday, as higher copper prices offset lower production after the company suspended operations at its flagship Grasberg mine...

US hits top Russian oil companies with sanctions, EU bans Russian LNG

WASHINGTON/BRUSSELS -U.S. President Donald Trump on Wednesday imposed Ukraine-related sanctions on Russia for the first time in his second term, targeting oil companies Lukoil and Rosneft as his...

Yen climbs as gold plunge triggers market volatility

SINGAPORE -The U.S. dollar weakened in early Asian trade on Wednesday, edging back from its highest level against the Japanese yen in a week, as a tumble in gold prices triggered a rebalancing across...

India nears deal to slash US tariffs on Indian imports to 15%-16%, Mint reports

India and the United States are nearing a long-stalled trade agreement that would reduce U.S. tariffs on Indian imports to 15% to 16% from 50%, India's Mint reported on Wednesday citing three people...

Trading Day: Stocks' momentum fades, gold plunges

ORLANDO, Florida -U.S. stocks were mixed on Tuesday, with the global momentum that had lifted Japanese and several other indices to new highs fizzling out, as investors digested a sharp fall in gold...

Global investors like the new-look Japan government, for now

SINGAPORE/LONDON/NEW YORK -Global money managers are circling back to Japan's stock and debt markets, drawn by the promises of its new reflationist government and a desire to diversify from pricier...

Argentina economic activity growth seen slowing to 2.5% in August

BUENOS AIRES -Argentina's economic activity growth likely slowed for a second consecutive month in August, a Reuters poll of analysts showed on Tuesday.  According to the median...

Wall Street opens flat as investors assess earnings for direction

Wall Street's main indexes opened flat on Tuesday, as investors assessed a wave of quarterly earnings from corporate majors. At 09:30 a.m., the Dow Jones Industrial Average rose 13.17...

Signs of pressure on valuation

While enthusiasm for artificial intelligence is mixed with a latent sense of fragility, the time has come for vigilance and greater selectivity in the stock market. The main US index, the S&P 500, is...

Canada offers tariff relief to some steel, aluminum products from US, China

OTTAWA -Canada offered tariff relief on some steel and aluminum products imported from the U.S. and China, a government document showed, in efforts to help domestic businesses battered by a trade war...

Wall St opens higher with big earnings, inflation data on deck

Wall Street opened higher on Monday as investors prepared for a wave of earnings from corporate majors and a long-awaited inflation report, which could shake up markets later in the week. ...

Tons of silver from US, China ease London spot market squeeze

LONDON -Large flows of silver from the U.S. and China to London's spot market in the past week are easing a liquidity squeeze in the world's largest over-the-counter precious metals trading hub,...

Fall in China's exports of rare earth magnets stokes supply chain fears

BEIJING -China's exports of rare earth magnets fell in September, reigniting fears that the world's top supplier could wield its dominance over a component key for U.S. defence firms and makers of...

New copper demand drivers from US, India as China juggernaut slows

LONDON -Copper consumption in the United States and India is set to emerge from China's shadow over the next decade as demand growth in the world's largest consumer of the industrial metal slows. ...

EV supply chain data firm Benchmark Mineral trims workforce, sources say

Benchmark Mineral Intelligence, a UK-based pricing and data research firm for energy transition minerals, has cut at least a fifth of its workforce in recent weeks, said three people familiar with...

SPAC backed by Trump Jr., Omeed Malik, Palihapitiya files for $260 million US IPO

Colombier Acquisition Corp. III, a blank-check firm backed by Omeed Malik, filed for an initial public offering in the United States on Friday.  The Palm Beach, Florida-based company...