Analysis: Indices

UBS lifts global equities view to 'attractive' on AI boost

UBS Global Wealth Management upgraded its stance on global equities to attractive, citing expected productivity gains from AI spending and a supportive policy backdrop.Structural trends remain firmly...

Global equity funds draw fourth weekly inflow on hopes of Fed rate cut

Global equity funds attracted inflows for a fourth straight week through October 15, as dovish comments from U.S. Federal Reserve Chair Jerome Powell reinforced expectations that the central bank...

Finances of Russia's Gazprom are stable, CEO says

MOSCOW -The financial situation at Russia's largest natural gas producer Gazprom is stable, Chief Executive Officer Alexei Miller told Russian state TV on Friday. Gazprom incurred a...

Korea at the top

Up 52% since the beginning of the year, the South Korean index is leading the race. And nothing seems to be stopping it at present. On Wednesday, the index rose another 2.7% to set a new closing...

Shares up, dollar down as investors renew bets on Fed rate cuts

LONDON -Stocks globally recovered some of their recent losses on Wednesday after comments by U.S. Federal Reserve Chair Jerome Powell boosted investor hopes of further rate cuts this year, pressuring...

EU presses US to drop tariffs on metals content

HORSENS, Denmark -The European Commission is pressing the United States to remove tariffs on products made from steel as Brussels seeks to advance parts of the EU-U.S. tariff deal that have yet to...

World oil market to see huge glut in 2026, IEA says

LONDON -The world oil market faces an even bigger surplus next year of as much as 4 million barrels per day as OPEC+ producers and rivals lift output and demand remains sluggish, the International...

Shell approves $2 billion offshore gas project in Nigeria with Sunlink

Shell has approved the development of an offshore gas project in Nigeria along with its joint venture partner Sunlink Energies, the oil major said on Tuesday, the latest in a series of investments...

Frontier debt risks 'going dark' amid high costs and creative deals

LONDON/WASHINGTON -The need for emerging economies to be more transparent about their debt is one issue uniting wealthy countries and multilateral lenders in a fractious, divided world where the...

UK warns business leaders as 'highly significant' cyber incidents rise 50%

LONDON -British cyber incidents classed as highly significant have risen by 50% over a year ago, the head of the country's National Cyber Security Centre will say on Tuesday.    A series of cyber...

Airlines face price-gouging by green jet fuel sellers, IATA says

LONDON/PARIS -Fuel suppliers are using European Union green jet fuel mandates to inflate costs for airlines through surcharges, nearly doubling prices compared with market rates, the head of airlines...

Gasoline shortages in Russia that have sent prices higher will soon be resolved, minister says

MOSCOW -Russian Finance Minister Anton Siluanov said on Monday that he was confident that gasoline shortages which have caused an increase in the pump price at filling stations will soon be...

Global equity fund inflows ease on caution over political risks, U.S. shutdown

Global equity fund inflows cooled to a three-week-low in the week to October 8 as investors took a breather after the recent market rally amid risks surrounding the collapse of the French government...

Trump tariff threat pushes oil to five-month low

HOUSTON -Brent and U.S. crude futures fell more than $2 a barrel, or more than 3%, on Friday as U.S. President Donald Trump's threat to impose increased tariffs on China cast a shadow over the demand...

Eni seeks approval for Sicily biorefinery, recycling plant

MILAN -Eni has started the environmental approval process to transform its industrial site in Priolo, Sicily, into a biorefinery and a chemical recycling plant for plastics, the Italian energy group...

Gold holds above $4,000 as investors assess Israel-Hamas deal

Gold prices held above the $4,000 level on Thursday, as investors assessed the Israel-Hamas ceasefire deal, while broader geopolitical and economic uncertainty alongside expectations for U.S. rate...

Suedzucker reports 82% slump in second quarter earnings amid weak sugar market

HAMBURG -Europe's largest sugar producer Suedzucker reported on Thursday an 82% fall in quarterly operating profit as it continued to face weak EU sugar markets. The German company said...

EU Parliament plans to cut back sustainability law further

BRUSSELS -Lawmaker groups holding a majority in the European Parliament agreed a deal late on Wednesday to make deeper cuts to the EU's corporate sustainability law, lawmakers and officials told...

Gold shatters $4,000 milestone, silver belts record high as investors rush to safety

Gold surged past the $4,000 an ounce level for the first time on Wednesday, building on a record-breaking rally as broader geopolitical and economic uncertainty, as well as expectations of U.S....