Indices

Oil edges up to two-week high on lower US output forecast, renewed Red Sea attacks

NEW YORK -Oil prices edged up to a two-week high on Tuesday on forecasts for less U.S. oil production, renewed Houthi attacks on shipping in the Red Sea, worries about U.S. tariffs on copper and...

EU avoids US tariff letter, eyes concessions, EU sources say

BRUSSELS -The European Union will not receive a letter from the United States setting out higher tariffs, EU sources familiar with the matter told Reuters on Monday, and is eyeing possible exemptions...

Mexico to open sterile fly plant to combat screwworm in 2026

MEXICO CITY -Mexico's government said on Monday that it has started to build a $51 million facility in the country's south as part of an effort to combat screwworm, a pest that has disrupted Mexican...

Royal Gold to acquire Canada's Sandstorm Gold for $3.5 billion

Royal Gold said on Monday it will acquire Canadian peer Sandstorm Gold for about $3.5 billion, helping the royalty firm strengthen its position in North America at a time when bullion has soared to...

Petronas ships its first LNG cargo to Japan from its new facility in Canada

KUALA LUMPUR -Malaysia's state energy firm Petronas on Monday said it has successfully shipped its first liquefied natural gas cargo to Japan from its newly operational LNG facility in Kitimat,...

Canada could financially back aluminum producers if 50% U.S. tariffs persist, trade group says

MONTREAL -Canada has discussed offering financial support to large aluminum producers like Rio Tinto impacted by a U.S.-led trade war, in the event that Washington's 50% tariff on imports of the...

Rebuilding global coffee stocks may need at least two good crops, experts say

CAMPINAS, Brazil -Rebuilding global coffee stocks may take at least a couple of good crops following successive deficits in the supply-demand balance, coffee industry officials said on Friday during...

Global equity funds attract biggest weekly inflows in eight months

Global equity funds attracted strong inflows in the week to July 2, as U.S. stocks hit record highs, with investors brushing off trade tensions and chasing gains in AI-linked sectors. ...

TSX notches weekly gain to extend record-setting run

Canada's main stock index eked out another all-time high on Friday, led by gains for the real estate and consumer staples sectors as long-term borrowing costs fell. The S&P/TSX...

Investors eye tariff deadline as US stocks rally

NEW YORK -Investors will be keeping a close eye on tariff headlines out of Washington next week, as a temporary suspension of punitive import levies is set to expire. If that Wednesday deadline...

Exclusive-BRICS to launch guarantee fund to boost investment in member nations, sources say

BRASILIA -The BRICS group of developing nations is set to announce a new guarantee fund backed by the New Development Bank to lower financing costs and boost investment, two people familiar with the...

Platinum prices have limited upside after June's stellar rally

LONDON -Platinum prices have limited room to rise further after a record quarterly rally, analysts and traders said, with Chinese imports expected to soften and South African output to recover...

Why are farm goods holding up the India-U.S. trade deal?

MUMBAI -U.S. and India trade negotiators were pushing on Wednesday to finalise a tariff-reducing deal ahead of President Donald Trump's July 9 negotiating deadline, but disagreements over U.S. dairy...

Oil futures, options trade at record levels in Q2 as investors navigate volatility

HOUSTON -Total oil futures and options lots traded on the Intercontinental Exchange hit record highs in the second quarter, as U.S. President Donald Trump waged a trade war and geopolitical...

Canada factory PMI falls in June as firms slash production

TORONTO -The downturn in Canada's manufacturing sector deepened in June as U.S. tariffs undercut demand, spurring the sharpest cut to output in five years, data on Wednesday showed. The...

Israelis hope for potential economic 'peace dividend' after war with Iran

JERUSALEM -Israel's 12-day war with Iran last month has dented its economy but investors and Israelis are hopeful that a U.S.-brokered halt to hostilities could bring an economic peace dividend with...

Mexico peso set to slip after expiry of US tariff hike freeze

BUENOS AIRES -The rallying Mexican peso is set to slip in the coming months after a temporary freeze on U.S. tariff hikes against other countries expires next week, a Reuters poll showed. ...

TSX ekes out new record high on Fed rate cut optimism

Canada's main stock index edged up to a new record high on Wednesday, helped by gains for resource and consumer discretionary shares, as investors continued to look past global economic uncertainty...

BHP inks charter contracts with COSCO for ammonia dual-fuelled vessels

SINGAPORE -Australia's BHP Group has signed contracts with China's COSCO Shipping for the charter of two ammonia dual-fuelled Newcastlemax bulk carriers, the mining giant said on Wednesday. ...