Analysis: Indices

US coffee industry asks Trump administration to exempt product from tariffs

The United States' National Coffee Association asked the Trump administration to exempt the product from any tariffs, saying the already adopted additional duties on Canada and Mexico could increase...

Instant View: German stocks, euro rise after German parties agree on debt deal

German Chancellor-in-waiting Friedrich Merz reached an agreement with the Greens on Friday on a massive increase in state borrowing just days ahead of a parliamentary vote next week, Reuters reported,...

India's stock market in free fall: $1,000bn up in smoke

After years of strong growth, the Indian market has undergone a brutal correction. In just a few months, $1,000bn of market capitalization has been wiped out, leaving investors facing new...

Gold climbs to record high on trade tensions, US rate outlook

Gold reached an all-time high on Friday, driven by uncertainty over U.S. tariffs, trade tensions and growing expectations of monetary policy easing by the Federal Reserve. Spot gold was...

Oil bounces as Ukraine ceasefire deal remains elusive

Oil prices rebounded on Friday to recover some of their more than 1% losses in the previous session, partly due to diminishing prospects of a quick end to the Ukraine war that could bring back more...

Donald Trump makes Chinese stocks (somewhat) great again

As U.S. President Donald Trump's wide-ranging trade war rouses fears of recession, global investors have found an unlikely new sanctuary: Chinese equities. Hong Kong's benchmark Hang...

Vietnam reviewing duties on US LNG, high-tech products, PM says

Vietnam is reviewing the duties it applies on U.S. goods, including on liquefied natural gas, agriculture and high-tech products, Prime Minister Pham Minh Chinh told the U.S. ambassador to the...

US frees up almost $4.7 billion loan to TotalEnergies for Mozambique gas project, FT reports

U.S. President Donald Trump's administration has released almost $5 billion in funding for a liquefied natural gas project by France's TotalEnergies in Mozambique, the Financial Times reported on...

Anglo American planning more job cuts, Bloomberg News reports

Anglo American is planning to cut more jobs at its corporate office, Bloomberg News reported on Thursday, as a broader restructuring aimed at refocusing the miner's operations on copper and iron ore...

Drugmakers Mallinckrodt and Endo to merge in nearly $7 billion deal

Mallinckrodt and Endo, drugmakers with a shared history of facing U.S. opioid litigation, have agreed to merge in a deal valued at nearly $7 billion. Under the terms of the agreement,...

US oil executives to meet with Trump next week

U.S. oil producers will meet with President Donald Trump next week, leading industry group the American Petroleum Institute said on Wednesday. Among the topics for discussion are...

US aluminium, steel prices hover near peaks as tariffs kick in

The cost of aluminium and steel in the United States hovered near recent peaks on Wednesday after U.S. tariffs of 25% took effect and sparked retaliation from Canada and Europe. Traders...

Canada to announce C$29.8 billion in retaliatory tariffs on US

Canada will announce C$29.8 bln in retaliatory tariffs on the United States on Wednesday in response to U.S. President Donald Trump's steel and aluminum tariffs, a Canadian official said. ...

Ominous market signals show more trouble could await US stocks

Investors are wary about worrisome market signs, after a steep U.S. stocks selloff that has wiped out more than $4 trillion in value and all of the gains notched following President Donald Trump's...

Chinese users turn to off-exchange Congolese copper to ease supply tightness

China will import even more off-exchange refined copper this year, according to analysts and traders, as output from the Congo booms and users look to alleviate shortages and head off a potential...

EU to impose counter tariffs on over $28 billion of US goods

The European Union will impose counter tariffs on 26 billion euros worth of U.S. goods from next month in response to U.S. tariffs on steel and aluminium, the European Commission said in a statement...

Goldman sachs cuts S&P 500 2025 year-end target to 6200

Goldman Sachs has trimmed its 2025 year-end target for the S&P 500 Index to 6,200 from 6,500 in a note dated March 11, citing policy uncertainty largely related to tariffs and concerns about the...

Canadian energy minister says Ottawa will respond to any US tariffs

Canadian Energy Minister Jonathan Wilkinson told CNN on Tuesday his country will respond shortly to any tariffs from the U.S. while also adding Canada was not looking to escalate or provoke trade...

Canada could restrict its oil exports to US if Trump trade war escalates

Canada could impose non-tariff measures such as restricting its oil exports to the United States or levying export duties on products if a trade dispute with the United States escalates further,...