Analysis: Indices

Billion-dollar cyberscam industry spreading globally, UN says

Asian crime syndicates behind the multibillion-dollar cyberscam industry are expanding globally including to South America and Africa, as raids in Southeast Asia fail to contain their activities, the...

Exclusive-EU explores tweaking methane rules for US gas to help trade talks, sources say

BRUSSELS -The European Union is looking at ways to make it easier for U.S. gas exports to comply with its methane emissions rules, as the bloc attempts to avert a trade war with U.S. President Donald...

South Africa investors face global growth threat after choppy politics

JOHANNESBURG -Investors have flocked to South Africa's domestic bond markets, betting the country can stay the course on reforms despite political fractures, but tariff threats and the prospect of a...

Japan considering soybean, rice concessions in US tariff talks, Yomiuri reports

Japan is considering increasing its soybean and rice imports as a concession in trade negotiations with the U.S. over President Donald Trump's sweeping tariffs, Japan's Yomiuri daily reported on...

Oil posts weekly gain on trade deal hopes, new Iran sanctions

NEW YORK -Oil prices settled more than 3% higher on Thursday, supported by hopes for a trade deal between the United States and the European Union and new U.S. sanctions to curb Iranian oil exports,...

US judge to decide on starting bid in Citgo parent auction following hearing

HOUSTON -A U.S. court is expected to confirm or reject in coming days a $3.7 billion offer by a Contrarian Funds affiliate aimed at setting a floor for a new bidding round for shares in the parent of...

Citi lifts 0-3 month gold price target to $3,500 on China buying, safe-haven demand

Citi Research on Thursday raised its gold price target for the next three months to $3,500 per ounce from $3,200, driven by fresh gold buying from Chinese insurers and safe-haven flows amid tariff...

Chinese tea chain Chagee valued at $6.2 billion as shares pop in Nasdaq debut

Chinese tea chain Chagee secured a valuation of $6.2 billion after its shares gained 21% in their Nasdaq debut on Thursday, defying volatility stemming from the United States' trade war with Beijing. ...

Gold starts coming back to Switzerland from US after exclusion from Trump's tariffs

Gold, which traders have been flying to New York since December as a precaution against the possibility of broad U.S. tariffs hitting bullion imports, is being shipped back to Switzerland, where it...

Zalando: UBS remains bullish ahead of results

UBS believes that the first quarter will show sustained growth. The group is due to announce its results on 6 May. Ahead of this announcement, the analyst confirms his buy recommendation on the stock...

India eyes ending import tax on US ethane and LPG in trade talks, sources say

India plans to end taxes on U.S. ethane and liquefied petroleum gas imports under broader negotiations with Washington as it looks to reduce its trade surplus and ease its tariff burden, three...

US cotton exports to India rise on lower prices, tariff uncertainties

U.S. upland cotton exports to India have risen in the past few months fueled by global tariff conflicts, declining American prices and rising demand in the South Asian country, industry experts said. ...

Australia's Woodside hires Mexico Pacific CEO Bairstow for Louisiana LNG project

Australia's top gas producer Woodside Energy said on Wednesday it had hired Sarah Bairstow, the chief executive of Mexico Pacific, for its Louisiana liquefied natural gas plant in the United States. ...

Australian casino operator Star swings sharply as trading resumes after weak results

Shares of Australia's embattled casino operator Star Entertainment fluctuated sharply on Wednesday as trading resumed after the firm announced a larger-than-expected half-year loss. Star...

Indonesia to propose $10 billion US energy imports increase in tariff talks

JAKARTA -Indonesia will propose increasing its imports of crude oil and liquefied petroleum gas from the United States by around $10 billion as part of its tariff negotiations, energy minister Bahlil...

Exclusive-Argentina bumper wheat harvest could hit record if export tax cuts extended

Argentina's major Buenos Aires grains exchange, already forecasting a bumper wheat crop, could raise its estimates even higher if a temporary export tax cut until the end of June is extended, the...

Oil prices steady as market considers latest US tariff changes

NEW YORK -Oil prices were little changed on Tuesday as investors digested the latest headlines on U.S. President Donald Trump's on-again, off-again tariffs and tried to figure how much the U.S.-China...

Exclusive-Mali shuts Barrick Gold's Bamako office over alleged non-payment of taxes

DAKAR -Malian authorities have shut the Canadian miner Barrick Gold's office in the capital Bamako over the alleged non-payment of taxes, two sources close to the matter told Reuters, in the latest...

Chile, Canada and Peru push back against Trump's copper tariff probe

SANTIAGO -Chile, Canada and Peru - three of the largest copper suppliers to the United States - have told President Donald Trump's administration that imports of the metal from their countries do not...