Analysis: Indices

UK stocks muted as economic data takes centre stage in policy decision month

UK's main stock index was largely flat in thin trade on Monday, with investors awaiting a slew of domestic data and across major economies, such as the U.S. and Europe, to position for a month...

BHP moves ahead with expansion of South Australia's Olympic Dam copper refinery

BHP Group is continuing to push ahead with the expansion of its copper smelter and refinery at Olympic Dam in South Australia, as global miners ramp up their efforts around the key metal for greener...

Wine wins, crops lose, as farmers grapple with record Balkans heat

Rastislav Pucovski held a fistful of soy beans shriveled to the size of peppercorns on his farmland in northern Serbia where the soil, dried to dust by drought, swirled in the wind. A...

Asia shares set for solid monthly gain, dollar slumps on growing US rate cut bets

Asian stocks rose on Friday and were poised for a solid end to August while the dollar was staring at its worst monthly performance in nine months, on the view that the Federal Reserve is all but...

Kremlin says Europe will pay more unless Ukraine extends gas transit deal

European consumers will face higher prices unless Kyiv agrees to extend a deal on Russian gas transit via Ukraine once it expires on Dec. 31, the Kremlin said on Wednesday. Ukraine has...

Oil rebounds as geopolitics, demand concerns whipsaw investors

Oil rebounded on Wednesday after a sharp drop in the previous session ended a three-day streak of gains as investors have whipsawed between concerns about potential supply losses from Libya and the...

Oil prices pause after surging on Libyan outages, Middle East tensions

Oil prices paused their recent advances, receding in Asian trading on Tuesday after surging more than 7% in the previous three sessions on supply concerns prompted by fears of a wider Middle East...

Russian mining giant Nornickel's first-half profit slumps on weak prices

Nornickel reported a first-half profit on Friday that fell 22%, hurt by weak nickel prices, while the Russian miner also grappled with logistical difficulties and issues related to cross-border...

CVC, DSV submit final bids around $15.6bln for Deutsche Bahn's Schenker, sources say

Deutsche Bahn's logistics unit Schenker has collected final bids from a consortium led by CVC Capital Partners and Danish transport firm DSV that value the business at around 14 billion euros , two...

Oil set to end week lower on demand concerns, easing supply woes

Oil prices were steady in early Asian trading on Friday, but were poised to end the week lower as downward revisions to U.S. employment data raised demand concerns and ceasefire talks in Gaza eased...

Oil prices down on swelling US crude stocks, easing Middle East tensions

Oil prices slipped on Wednesday on estimates showing swelling U.S. crude inventories and expectations that tensions in the Middle East were easing following a tour of the region by mediators. ...

Indian stocks to rise modestly to year-end, correction unlikely

India's benchmark indices will rise modestly by the end of 2024, according to a Reuters poll of equity strategists who said a correction from already elevated levels in the coming month was unlikely. ...

Analysis-BHP's quick strike fix sets tone for labor talks amid copper rally

Mining giant BHP's quick fix to a recent six-day strike at its huge Escondida copper mine in Chile could set the tone for upcoming negotiations elsewhere, with workers emboldened by high copper prices...

The Gold vs Nasdaq Battle

There's more to life than technology stocks. Gold has been outperforming the Nasdaq 100 for some time now. Here's the proof in graphs, with a slightly silly but eloquent ranking by points. The main...

Physical buyers win battle for copper market as funds retreat

Investors fleeing the copper market are likely to be sidelined for many months, leaving the field clear for physical players who expect demand in top consumer China and elsewhere to deteriorate over...

Asia shares, gold underpinned by rate cut hopes

Asian stocks were taking a breather on Monday after global equities enjoyed their best week in nine months on expectations the U.S. economy would dodge a recession and cooling inflation would kick off...

Yandex NV renamed Nebius Group after Russia split

Yandex NV, the Dutch company that finalised a split from Russian technology giant Yandex last month, has renamed itself Nebius Group after the change received shareholder approval, it said on Friday. ...

London stocks poised for best week since May on improved risk appetite

UK's FTSE 100 slipped on Friday, after a five-day rise that paved the way for a strong weekly gain for the benchmark stock index, as abating fears of a likely recession in the United States bolstered...

The European automotive industry under pressure

The automotive industry on the Old Continent is faltering in the face of an uncertain viability of the transition to electric power, fierce international competition and regulatory pressures. Recent...