Indices

Emerging market revival hopes run into dollar difficulties

LONDON -Emerging markets are basking in the glow of their surprise rally this year, but major investors warn things may get tougher as countries finally learn their U.S. tariff fates and the dollar...

Coffee and cocoa could be exempt from tariffs in trade deals, commerce secretary says

NEW YORK -Natural resources that are not grown in the United States, including coffee and cocoa, could be exempt from import tariffs when trade deals with producing countries are reached, U.S....

Mining giant Grupo Mexico reports profit bump as copper costs shrink

MEXICO CITY -Mining and transportation conglomerate Grupo Mexico reported net profit rose 10% in the second quarter, helped by lower mining costs and a good performance from its copper byproducts...

S&P 500: On the way to new highs

After closing slightly up 0.02% at 6,389 points yesterday, following the trade agreement between the European Union and the United States, the S&P 500 index is currently up 0.25% in pre-market...

China's soymeal glut raises demand doubts ahead of US soybean export season

BEIJING/SINGAPORE -China's appetite for soybeans is likely to weaken during the peak U.S. marketing season later this year, as record imports earlier in 2025 and tepid demand from animal feed...

Trading Day: Fading trade deal relief?

ORLANDO, Florida -TRADING DAY Making sense of the forces driving global markets By Jamie McGeever, Markets Columnist  Investors' initial response to the...

Oppenheimer lifts S&P 500 year-end target to Wall Street-high on trade optimism

Oppenheimer Asset Management on Monday raised its year-end target for the S&P 500 index to 7,100, the highest among major Wall Street brokerages, betting on easing trade tensions and strong corporate...

CAC 40: Trade uncertainties are easing

European markets have started the week on a positive note, welcoming the agreement reached over the weekend between Donald Trump and European Commission President Ursula von der Leyen. The agreement...

What's in Trump's trade deal with Europe?

The United States and the European Union agreed a joint statement on the framework trade deal struck at the end of July to end months of uncertainty for industries and consumers. Here...

US lovers of Amazon berry açaí to feel tariff pinch

NEW YORK -Bowls and smoothies made of the Amazon berry açaí have become ubiquitous in many cities across the United States, but consumers may think twice about shelling out after August 1 when a...

Global equity funds draw weekly inflows on trade deal optimism

Inflows into global equity funds picked up again in the week through July 23 as optimism over U.S. trade deals, stronger than expected U.S. economic reports and an encouraging start to the corporate...

Gold miner Newmont's quarterly profit beats estimates as bullion rallies

Newmont surpassed Wall Street expectations for second-quarter profit as the world's top gold miner benefited from a rally in bullion prices, sending its shares 4% higher in extended trading on...

Canada's First Quantum to explore gold pre-payment deal from Zambian mines

TORONTO -Canadian miner First Quantum Minerals is exploring a gold pre-payment deal from its Zambian mines to boost its balance sheet, CFO Ryan MacWilliam told analysts on Thursday, as the company...

Trade relief, business lift and market high

What matters in US and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets Hopes for a U.S.-Europe trade deal and signs of rebounding world business...

Crude finishes with 1% gain on supply concerns and US crude draws

HOUSTON -Oil prices rose 1% on Thursday as U.S. crude draws and expected cuts to Russian gasoline exports overwhelmed news that oil major Chevron will gain U.S. approval to renew production in...

Australia relaxes curbs on US beef imports that angered Trump

CANBERRA/SYDNEY -Australia will ease restrictions on beef imports from the United States, the country's agriculture ministry said on Thursday, potentially smoothing trade talks with U.S. President...

Takeaways of US-Japan deal include potential gains for Trump, Ishiba and EU

An emerging U.S.-Japanese trade deal could unlock major investment, avert a potential shock to the global economy and may deliver political wins for both U.S. President Donald Trump and Japanese...

EU heading towards 15% tariff deal with US, EU diplomats say

BRUSSELS -The European Union is heading towards a trade deal with Washington that would result in a broad 15% tariff on EU goods imported into the U.S., avoiding a harsher 30% levy slated to be...

Exclusive-In rare move, California steps in to find buyer for Valero refinery to avoid closure, sources say

NEW YORK -California government officials are trying to find a buyer for Valero Energy's Benicia refinery near San Francisco, three sources familiar with the matter said, an unusual effort as the...