Analysis: Indices

China stocks fall sharply, set to snap winning streak

Mainland China stocks opened sharply lower Wednesday and were poised to snap a 10-day winning streak after officials failed to inspire confidence in stimulus plans intended to revive the economy. ...

Arbitration rules in favour of BP as sole buyer of Kosmos Energy's Senegal LNG project

Kosmos Energy said on Tuesday a Paris-based arbitrator has ruled in favour of BP, prohibiting Kosmos from selling to third parties liquefied natural gas from the Greater Tortue project offshore...

Indices: The Magnificent 7 of Defense

One year to the day after the Hamas attacks on Israeli territory, defense values have continued to climb in the US. While a possible ceasefire between Ukraine and Russia was recently mooted - casting...

Vodafone, Google deepen AI ties across Europe, Africa

Britain's Vodafone said on Tuesday it has deepened its strategic partnership with Google in a ten-year, billion dollar plus deal that would bring the U.S. tech giant's new generative AI-powered...

US-based China ETFs get bumper influx, some investors optimistic tide is turning

Investors flooded U.S.-based exchange-traded funds that target Chinese markets with $5.2 billion in new assets in the past week when mainland China's financial markets were shut for a national...

China markets reopen with a roar after week-long break

Chinese shares soared to two-year highs on Tuesday, pushing a blistering rally even further as trade resumed after a week-long holiday and investors bet on stimulus supporting the economy. ...

US rates back up, stocks back down

A look at the day ahead in Asian markets. A short-lived conviction that the Fed would stick to a dovish path evaporated after Friday's bet-busting payrolls number, with Treasury yields...

Flawed parts made for Boeing threatened plane safety, Italian prosecutors find

Investigators have found that two Italian sub-contractors used cheaper and non-compliant forms of titanium and aluminium to make certain parts for Boeing's 787 Dreamliner, saving significant sums of...

Tokyo Metro sets tentative IPO price of 1,100-1,200 yen per share

Tokyo Metro set a tentative initial public offering range of 1,100 to 1,200 yen per share, against an initial estimate of 1,100 yen, a regulatory filing showed on Monday. The final IPO...

US 'no landing' scenario lifts markets

A look at the day ahead in European and global markets from Kevin Buckland What a difference a payrolls report makes. From worries about a U.S. economic hard landing, the...

Japan leads Asia stock rally, dollar gains after blowout US payrolls

Asian stocks rallied and the dollar reached a fresh seven-week peak on the yen on Monday after blowout U.S. labour data dispelled fears of a recession and spurred a sharp paring of rate-cut bets. ...

Buy cyclical over defensive stocks, strategist advises

STORY: We think economic growth is strong, earnings are on the rise, said Mayfield, who expects 2025 to be a robust year for the U.S. economy. As the Federal Reserve continues to lower...

ADM to idle Iowa soy facility during record US harvest

Archer-Daniels-Midland Co is idling its only soybean processing plant in Iowa for weeks in the thick of a record U.S. harvest, the grain merchant told Reuters, tightening supplies of soymeal fed to...

Inside Macron's pitch meeting with Wall Street as budget woes mount

French President Emmanuel Macron has given top U.S. financiers a candid assessment of his country's financial woes, flagging the potential for looming tax increases, sources said this week, in an...

Middle East tensions drive oil prices

A look at the day ahead in European and global markets from Rae Wee Oil prices are headed for their largest weekly rise in over a year on Friday, spurred by escalating Middle East...

Oil edges up on Middle East conflict but supply outlook limits gains

Oil prices inched up in early Asian trading hours on Friday, holding on to their strong weekly gains, as investors weighed the Middle East conflict and the potential disruption in crude flows against...

Oil's shadow over world markets darkens

A look at the day ahead in Asian markets. What comes down must go up. And so it is with oil, whose rise on escalating fears over a deepening conflict in the Middle East is...

Indices: Full steam in China

The recent intensification of stimulus measures by the world's two largest economies has breathed new optimism into the markets. In China, a series of monetary, fiscal and regulatory interventions...

Spanish olive oil hit by US ports strike, no alternative routes seen

Olive oil exporters in Spain, the world's biggest producer, have warned there are no viable alternative routes to the lucrative U.S market amid a strike at U.S. East and Gulf Coast ports. ...