Analysis: Indices

UBS raises S&P year end target, eyes more gains in 2026

UBS Global Wealth Management on Thursday raised its year-end target for the S&P 500 to 6,000 from 5,800 and initiated a June 2026 target of 6,400. The research group also raised its 2025...

US crude oil storage demand surges as traders brace for OPEC+ price war

U.S. crude oil storage demand has surged in recent weeks to levels similar to the COVID-19 pandemic, according to data from storage broker The Tank Tiger, as traders brace for a flood of increased...

Adtech platform MNTN valued at $1.6 billion in another sign of IPO markets comeback

MNTN, an advertising platform for internet-connected TVs which has actor Ryan Reynolds as its chief creative officer, secured a valuation of $1.62 billion after its shares jumped 31.25% in their...

Freenet: UBS still on hold after quarterly results

UBS maintains its 'neutral' rating on the stock of the German telecom and ISP Freenet, with an unchanged target price of €33 after yesterday's publication of its Q1 2025 results.EBITDA fell by 3%....

Pigs can't fly: US high-end livestock breeders lose millions in China tariff fallout

Dr. Mike Lemmon's pigs, each valued between $2,500 and $5,000, were supposed to be on a plane bound for Hangzhou, China, from St. Louis in April, where'd they spend the flight snoring, play fighting...

OPEC+ discusses making another large output hike in July, Bloomberg News reports

OPEC+ members are discussing whether to agree on another large production increase at their meeting on June 1, Bloomberg News reported on Thursday. An output hike of 411,000 barrels a...

Oil prices settle down on potential further increase in OPEC+ output

Oil prices settled lower on Thursday as investors weighed a report that OPEC+ is discussing a production increase for July, stoking concerns that global supply could outpace demand growth. ...

Greenland gives Danish-French group permit to mine rock with green potential, in wake of Trump interest

Greenland on Wednesday handed a 30-year mining permit to a Danish-French mining group aiming to extract a moon-like rock that could offer a climate-friendly alternative in aluminium production. ...

Which countries restrict Brazilian chicken imports over bird flu?

An outbreak of bird flu in Brazil, the world's largest chicken exporter, prompted countries to implement trade restrictions in an effort to prevent the spread of the virus after the first case was...

Trump confronts South Africa's Ramaphosa with false claims of white genocide

WASHINGTON -U.S. President Donald Trump confronted South African President Cyril Ramaphosa on Wednesday with explosive false claims of white genocide and land seizures during a tense White House...

Large US Midwest coffee roaster hikes prices as tariffs hit

Paramount Coffee Company, one of the largest roasters and distributors of coffee in the United States' Midwest region, has hiked prices due to U.S. tariffs. The National Coffee...

Qatar's QIA plans to at least double annual US investments over next decade

DOHA -Qatar's sovereign wealth fund is planning to at least double its annual U.S. investments in the next decade, its CEO said on Tuesday, after the fund has already pledged to invest $500 billion...

Japan is sticking to demand for US to eliminate tariffs, trade envoy says

TOKYO -Japan's top trade negotiator, Ryosei Akazawa, said on Tuesday there was no change to Tokyo's stance of demanding an elimination of U.S. tariffs in bilateral trade negotiations. ...

CATL's strong Hong Kong debut boosts outlook for Chinese companies' fundraising

Shares in CATL closed 16% higher on their Hong Kong debut on Tuesday after the Chinese electric vehicle battery giant raised $4.6 billion in the world's largest listing this year, boosting prospects...

US crude, product inventories likely down last week

U.S. crude oil stockpiles likely fell last week, along with distillate and gasoline inventories, a preliminary Reuters poll found on Monday. Five analysts polled by Reuters, ahead of...

TotalEnergies signs Canada LNG agreement with Ksi Lisims LNG

PARIS -French energy group TotalEnergies said in a statement on Monday it had signed an agreement with Ksi Lisims LNG for the purchase of 2 million tons per year of LNG for 20 years from a future...

South Africa's Ramaphosa aims to mend US ties with Musk business push

JOHANNESBURG -South Africa's President Cyril Ramaphosa plans to discuss business opportunities for Elon Musk's companies during a visit to Washington this week aimed at mending relations with U.S....

The best monthly performance of the 21st century for the Nasdaq

After rebounding by over 20% from its low in early April, with five consecutive sessions of gains this week, the Nasdaq 100 has ended its best quarter of the 21st century. Its rise has wiped out all...

Musk's xAI updates Grok chatbot after 'white genocide' comments

Elon Musk's xAI responded to widespread reports that its Grok chatbot made claims about a genocide against white citizens in South Africa, saying there had been an unauthorized change to the...