Analysis: Indices

Exclusive-Panama Canal seeks LNG comeback after 65% decline in traffic

The Panama Canal aims to regain vessel traffic carrying U.S. liquefied natural gas to Asia as demand in that market rises and a new reservation system allows shippers to lock in slots, following a 65%...

Uncertainty runs deep, investors seek clearer signals

A look at the day ahead in Asian markets.  Investors in Asia could be forgiven for going into Tuesday's session with a high degree of trepidation, as markets get pulled by a plethora of...

Septerna valued at $970 million as shares rise nearly 31% in Nasdaq debut

Septerna's shares rose about 31% in their market debut on Friday, giving the Goldman Sachs-backed biotech firm a valuation of $970 million. The company's shares opened at $23.5 in their...

Hedge funds have cut most Chinese stock purchase since late September, says Goldman

Global hedge funds dumped China and broader emerging markets shares while buying U.S. equities in a sharp rotation in October ahead of the U.S. election, Goldman Sachs said. China,...

Exclusive-Sanctions delay to Russian zinc mine causes supply miscalculation, sources say

Western sanctions on Russia's zinc miner Ozernoye have left it struggling to replace equipment needed to ramp up output, three sources with knowledge of the matter said, meaning mined zinc supply...

Oil heads for weekly gain as Middle East tensions keep traders on edge

Oil prices rose on Friday and are on track for a weekly gain of more than 1%, as tensions in the world's top oil-producing region, the Middle East, and a restart in Gaza ceasefire talks in the coming...

Perplexity says will defend itself in the Dow Jones, New York Post lawsuit

Perplexity said on Thursday the allegations of copyright infringement in a lawsuit filed by Dow Jones and the New York Post were misleading, and vowed to defend itself. The media...

German air-taxi maker Lilium's units to file for insolvency, shares plunge

German air-taxi developer Lilium said on Thursday two of its subsidiaries in the country have decided to file for insolvency following unsuccessful talks with state and federal governments to solve...

Futures bounce after selloff as Tesla jumps 11%

Futures tracking the S&P 500 and the Nasdaq 100 rose on Thursday as an upbeat forecast from Tesla kicked off megacap earnings on a positive note, following declines in major indexes in the previous...

Anglo American copper, diamond output down in Q3, 2024 guidance unchanged

Global miner Anglo American on Thursday posted double-digit falls in its third quarter copper and diamond production but kept its 2024 guidance unchanged for both. Anglo said its copper...

China's Hesai to sue Pentagon after being reinstated to blacklist, FT reports

Chinese lidar manufacturer Hesai plans to sue the U.S. government after the Pentagon reinstated the company on its blacklist of Chinese firms linked to the military, Financial Times reported on...

Chinese self-driving startup WeRide files for $440 million U.S. IPO

Chinese self-driving startup WeRide has filed for an up to $439.9 million initial public offering on Nasdaq, according to a term sheet seen by Reuters on Wednesday. ...

Big Tech tanks, yen slide accelerates

A look at the day ahead in Asian markets.  Asian markets are likely to open on the defensive on Thursday with sentiment badly dented by the continued rise in U.S. bond yields and...

Indices: Canada should be on your radar

The S&P 500 may be hitting new highs week after week, but don't overlook the superb performance of its Canadian neighbor. The Toronto Stock Exchange has been performing extremely well since the...

Oil prices slip on rising U.S. crude inventories

Oil prices edged down on Wednesday after industry data showed U.S. crude inventories had swelled more than expected, while the market kept watch on diplomatic efforts in the Middle East as Israel...

Tokyo exchange employee under probe for alleged insider trading, Nikkei reports

A Tokyo Stock Exchange employee is currently under investigation by the country's financial watchdog for suspected insider trading, the Nikkei reported on Wednesday, citing sources. The...

Latam Airlines upgrades earnings outlook at investor day event

Latam Airlines revised its guidance for 2024 EBITDAR, or earnings before interest, taxes, depreciation and amortization and rent costs, upward on Tuesday to between $3.0 and $3.15 billion. ...

Cheniere Energy expects China gas demand to rise more than 50% by 2040

Cheniere Energy expects China gas demand to grow to more than 600 billion cubic meters by 2040 from 400 bcm today, a company executive said at the Asia Gas Markets conference on Tuesday. ...

Murdoch firms Dow Jones and New York Post sue Perplexity AI

Media baron Rupert Murdoch's Dow Jones and New York Post filed a lawsuit against Perplexity AI on Monday, claiming the AI startup engages in a massive amount of illegal copying of their copyrighted...