Analysis: Indices

EU to propose Mercosur trade deal, facing France-led opposition

BRUSSELS -An EU trade accord with South America's Mercosur bloc will be presented by the European Commission on Wednesday for approval, pitting Germany and other countries that want new markets to...

Sweden's Klarna targets up to $14 billion valuation in long-awaited US IPO

Sequoia Capital-backed Klarna said on Tuesday it was aiming for a U.S. listing valuing the fintech at up to $14 billion, moving it closer to its long-awaited market debut as investor appetite in...

Mubadala-backed Corient to acquire two European wealth managers in $214 billion asset deal

DUBAI -Corient, one of the largest U.S. wealth advisory firms, said on Tuesday it would acquire Stonehage Fleming and Stanhope Capital Group, bringing more than $214 billion in client assets under...

Russia's Novatek hires Leonard Neo as LNG marketing manager in Singapore

SINGAPORE -Russia's largest liquefied natural gas producer Novatek has hired Leonard Neo as an LNG marketing manager in Singapore, according to Neo's LinkedIn post on Tuesday. Neo was...

Hedge funds still cautious on U.S. stocks going into fragile September

LONDON -Hedge funds remain hesitant about buying U.S. stocks at the outset of what is often a dour month for markets, even with a potential U.S. rate cut on the horizon, after becoming net sellers in...

Nestle investors face more turbulence after another CEO ousted

STORY: Nestle investors were pitched back into choppy waters on Tuesday. The Swiss food giant ousted its CEO Laurent Freixe over an affair he had with a subordinate. The...

Are you ready for the worst month of the year?

It's back-to-school again, it's raining, and September is historically the worst month of the year for the stockmarket. With the S&P 500 breaking through the 6,500-point mark last week and several...

Global equity fund inflows ease on worries over Fed independence

Global equity funds witnessed a dip in demand in the week through August 27 on concerns around the Federal Reserve's independence as President Donald Trump attempted to fire a Federal Reserve...

China receives first Arctic LNG 2 cargo ahead of Putin's visit, data shows

SINGAPORE -China received this week its first liquefied natural gas cargo from a sanctioned Russian project, ship-tracking data from Kpler and LSEG showed, days ahead of Russian President Vladimir...

Oil prices fall with expected low demand, upcoming supply boost

HOUSTON -Oil prices fell on Friday as traders looked toward weaker demand in the U.S., the world's largest oil market, and a boost in supply this autumn from OPEC and its allies. Brent...

Trump's options to ease Russia sanctions limited compared to Europe's

WASHINGTON -U.S. President Donald Trump could quickly lift some sanctions on Russia as a reward to Moscow if peace talks with Ukraine go well, but only Europe can take the bigger steps needed to...

Second German LNG terminal starts commercial operations at Wilhelmshaven

FRANKFURT -Germany will officially start commercial operations at its second liquefied natural gas import terminal at Wilhelmshaven port on Aug 29., state operator Deutsche Energy Terminal said on...

Drought leaves UK beef farmers scrambling to feed hungry herds

MIDDLE DUNTISBOURNE, England -On David Barton's beef farm in the picturesque Cotswolds in western England, months of heat and drought have left his 200 head of Salers, Herefords and Sussexes with...

UK air passenger figures beat pre-pandemic record for April-June

LONDON -The number of passengers passing through British airports in April to June rose to a record 81 million, beating the pre-pandemic high for the period, Britain's aviation regulator said on...

Canada's LNG draws German interest for market swaps, minister says

CALGARY -German companies are looking to buy and swap Canadian LNG cargoes shipped off the Pacific coast to help meet European demand, Canada's Energy and Natural Resources Minister Tim Hodgson said...

Macron, referring to French market slump, says France is solid -spokesperson

PARIS -French President Emmanuel Macron, referring to a slump this week in the French stock and bond markets ahead of a looming government confidence vote, told members his cabinet that France was...

Chinese savers are a booming stock market's next catalyst

SHANGHAI/HONG KONG -China's stock market is on a tear supported by state money and big institutions, and analysts say the absence of retail investor euphoria suggests the rally has legs even as the...

Oil edges up on US crude stocks drop, impact of US tariffs on India

HOUSTON -Oil prices settled higher on Wednesday after data showed a larger-than-expected drop in U.S. crude inventories and as investors weighed the potential impact from new U.S. tariffs on...

New Development Bank names RBI's Rajiv Ranjan as vice president

BENGALURU -New Development Bank , a multilateral lender developed by BRICS member nations, said on Monday it had appointed India's central bank executive director, Rajiv Ranjan, as its vice...