Indices

Silver's hot streak gathers pace; market at highest since 2011

Silver prices surged to their highest in almost 14 years on Wednesday, aided by worries about U.S. tariff policy, signs of tightness in the spot market and growing investor interest in alternatives...

Space startup iRocket to go public via $400 million SPAC deal

Reusable rocket developer Innovative Rocket Technologies, commonly known as iRocket, will go public in the U.S. through a $400 million merger with special purpose acquisition company BPGC...

Dealmaking in US upstream oil and gas tumbles as volatility rattles investors

HOUSTON -Volatility across energy and equity markets spooked investors in the second quarter, slowing the pace of mergers and acquisitions in the U.S. upstream oil and gas sector, analytics firm...

Trump says Japan, US to form LNG joint venture

TOKYO -U.S. President Donald Trump said on Tuesday that Japan will form a joint venture to develop a liquefied natural gas project in Alaska though a Japanese government official said he was not...

Japan, US agree to keep current 50% tariff on steel, aluminium, NHK reports

TOKYO -Japan and the United States agreed to keep the current 50% tariff on steel and aluminium as part of the bilateral trade deal, Japanese public broadcaster NHK reported on Wednesday. ...

Oil prices steady with trade talks in focus

NEW YORK -Oil prices were little changed on Wednesday as investors assessed trade developments between the European Union and the U.S. after President Donald Trump reached a tariff deal with Japan. ...

Indonesia to cut tariffs, non-tariff barriers in US trade deal

WASHINGTON -Indonesia has agreed to eliminate tariffs on more than 99% of U.S. goods and scrap all non-tariff barriers facing American firms, while the U.S. will drop threatened tariffs on Indonesian...

Hershey to raise chocolate prices as cocoa costs remain high

Hershey has told retailers it will be taking a double-digit price increase on average across its confection portfolio due to a surge in costs of cocoa, a company spokesperson said on Tuesday. ...

Mali court rejects appeal to release four Barrick employees, judge says

BAMAKO -A court in Mali on Tuesday rejected an appeal by Barrick Mining to release four employees arrested last November, judge Samba Sarr said, the latest development in a long-running standoff...

Markets oddly serene

What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets  Despite the edgy political and policy backdrop, world markets seem to be...

India-US interim trade deal prospects dim ahead of tariff deadline, sources say

NEW DELHI -The prospects of an interim trade deal between India and the United States before Washington's August 1 deadline have dimmed, as talks remain deadlocked over tariff cuts on key...

TSX ends flat; investors await trade updates, key earnings

Canada's commodity-heavy main stock index closed flat on Monday, as investors await earnings and look for potential trade deals between the U.S. and its key trading partners. The...

Inside a US guitar string maker's strategy to navigate the trade war

FARMINGDALE, NY -Once a week, executives of D'Addario & Company, a maker of strings and drumsticks for the world's top musicians, gather at the company's headquarters about 40 miles east of New York...

Hedge funds dumped Japanese stocks ahead of upper house election, says Goldman

HONG KONG -Global hedge funds offloaded Japanese equities at the sharpest pace in almost two-and-a-half months last week, just ahead of the country's upper house election on Sunday, Goldman Sachs...

Hedge funds lure record inflows in first half of 2025

NEW YORK -Global hedge funds had their strongest inflows in the first half of the year since 2015, gaining popularity in turbulent markets amid U.S. President Donald Trump's new trade policies, data...

G20 finance chiefs back central bank independence in first communique since October

DURBAN -Finance chiefs from the Group of 20 countries stressed the importance of central bank independence while pledging to boost cooperation in a joint statement issued on Friday after a two-day...

Hedge funds favour short-dated, convertible bonds if Fed's Powell leaves early

LONDON -Hedge funds say they are prepared if U.S. President Donald Trump fires Federal Reserve Chair Jerome Powell before his term expires next year. The dollar briefly tumbled on...

Oil steadies as mixed US economic and tariff news offset new Russia sanctions

NEW YORK -Crude oil futures were little changed on Friday on mixed U.S. economic and tariff news and worries about oil supplies following the European Union's latest sanctions against Russia for its...

Canadian wheat, canola crops a 'mixed bag,' with rain critical

LANGHAM, Saskatchewan -Canadian farmers are likely to produce average-size wheat and canola crops this autumn, but years of drought have made rain critical for the plants to fulfill their potential,...