Indices

HSBC becomes latest brokerage to cut S&P 500 annual target below 6000 mark

HSBC on Tuesday became the latest global brokerage to slash its year-end target for the S&P 500 index below the 6000 mark, weighed down by slower U.S. economic growth and tariff-related pressure on...

TSX returns to positive territory for 2025 as Canada votes

Canada's main stock index edged higher as Canadians headed to the polls on Monday, with investors betting that the market will benefit from receiving greater clarity on the nation's economic policies...

TikTok to enter Japan's e-commerce industry, Nikkei reports

Chinese social media platform TikTok will enter the online shopping industry in Japan within the next few months, the Nikkei newspaper reported on Sunday. The company is preparing to...

Oil posts weekly fall on tariff worry and rising supplies

NEW YORK -Oil prices edged higher on Friday but posted a weekly decline, under pressure from market expectations of oversupply and uncertainty around tariff talks between the U.S. and China. ...

Chilean miner Codelco's pre-tax profit tumbles on FX effects

Chilean miner Codelco, the world's largest copper producer, on Friday reported a slight bump in production in the first quarter, though the boost was not enough to offset exchange-rate effects, which...

Oil prices settle up on weaker US dollar, mixed economic news

NEW YORK -Oil prices edged up on Thursday as investors weighed a weaker U.S. dollar, potential OPEC+ output increase, mixed economic news, conflicting U.S. tariff signals and news from the...

Trump emergency move aims to cut approval times for energy projects to 28 days

The Trump administration on Wednesday said it would implement an emergency permitting process for energy and mining projects on federal lands, slashing approval times that typically take months or...

Nasdaq beats Q1 profit estimates on market volatility, strong product demand

Nasdaq beat first-quarter profit expectations on Thursday as the exchange operator benefited from higher market volatility and strong demand for its fintech and solutions products, sending its shares...

Was that a dead cat bounce?

What matters in U.S. and global markets today.  Animal imagery, popular in financial markets since the 1870s, will dominate conversations today as traders question if...

Caught in the tariff net: U.S. trade war threatens Chinese fish town

MAOMING, China -In Maoming, a southern Chinese city where a giant tilapia statue watches over traffic at an intersection, the fish isn't just a budget-friendly dinner, but a profession, income and...

California governor seeks help for struggling oil refiners

California Governor Gavin Newsom has directed state officials to step up efforts to guarantee reliable fuel supplies for the nation's biggest auto market, prompting oil companies to blame state...

Trump plans to exempt carmakers from some tariffs, FT reports

U.S. President Donald Trump is planning to spare carmakers from some tariffs, The Financial Times reported on Wednesday, citing two people with knowledge of the matter. Car parts would...

Oil falls 2% after sources say OPEC+ to mull accelerating output

HOUSTON -Oil prices slipped 2% on Wednesday as sources said OPEC+ would consider accelerating its oil output increases in June, but losses were curbed following a report that U.S. President Donald...

Exclusive-OPEC+ to consider another accelerated oil output increase for June

LONDON -Several OPEC+ members will suggest the group accelerates oil output hikes in June for a second consecutive month, three sources familiar with OPEC+ talks told Reuters, as a dispute worsens...

Exclusive-Vedanta weighs US listing to raise $1 billion for Zambian copper assets

Vedanta Resources, is considering a U.S. public listing for its Zambian unit Konkola Copper Mines as one of its options to try to raise about $1 billion for mine development, three sources familiar...

Benchmark Minerals and ICE team up for battery material futures

LONDON -Prices of battery materials lithium and cobalt assessed by consultancy Benchmark Minerals Intelligence will be used for contracts launched by Intercontinental Exchange in June, BMI told...

China's Jetour to launch European car sales in third quarter

SHANGHAI -Chinese sport-utility vehicle maker Jetour plans to launch in some European markets in the third quarter and aims to sell cars across much of the continent by 2027, an executive said on...

ANZ appoints Raciti country head of Singapore and head of SEA, India and Mideast

Australia's ANZ said on Wednesday that Chris Raciti has been appointed ANZ country head of Singapore, with regional oversight for ANZ's businesses in eight markets across Southeast Asia, India and the...

Brazil's JBS calls shareholder meeting to vote on US listing plan

JBS SA , the world's largest meatpacker, called a shareholder meeting for May 23 to vote on its plan to list shares on the New York Stock Exchange, it said in a securities filing on Tuesday. ...