Indices

Nebius set to resume Nasdaq trading after completing split from Russia's Yandex

AI infrastructure firm Nebius Group said on Thursday its shares will resume Nasdaq trading on Monday after being halted soon after Russia's February 2022 invasion of Ukraine. At that...

Heightened Egyptian demand in tight market buoys European fuel oil prices

A spike in Egyptian imports of fuel oil used for power generation has coincided with lower supply in Europe, helping to push refiners' profit margins for the fuel to their highest in over a year,...

UK stocks steady ahead of ECB rate decision; Rentokil caps ex-dividend pressure

The UK's main stock indexes were steady on Thursday as investors braced for the European Central Bank's interest rate decision, while Rentokil kept losses from ex-dividend stocks in check. ...

Sunrise shares to start trading on Swiss stock exchange on Nov. 15

Shares in Swiss telecom group Sunrise will start trading on the Swiss stock exchange on Nov. 15, it said on Wednesday, following the company's spin off from U.S. telecommunications company Liberty...

Chinese stocks attractive but investment managers cautious before US election

Asset managers of public and private funds believe that certain Chinese stocks are trading at attractive prices, but they are not buying just yet because of uncertainty around the upcoming U.S....

More transparency on Russian gas imports sought by EU countries, document shows

A group of EU countries including France and the Baltic states have asked the European Commission to tighten reporting rules across the bloc on Russian LNG imports, a letter sent to the commission on...

Kenya allows JPMorgan Chase to set up representative office locally

Kenya's central bank said on Monday that it had authorised JPMorgan Chase to establish a representative office in the East African country. Representative offices of foreign banks in...

Poland's software firm TTMS plans IPO on Warsaw bourse

GDANSK -Polish software company Transition Technologies MS is planning an initial public offering on the Warsaw Stock Exchange in the coming weeks, the company said on Monday. The...

DAX-FLASH: Little changed - record high in sight

The recently strong DAX is expected to start the week little changed. Broker IG put the German leading index at 19,367 points on Monday, just below its Friday close, a good two hours before the Xetra...

Inside China's bid to build sway over global metals pricing

China is locking in steps to shape the pricing of the vast quantities of industrial metals it produces and consumes, with moves to attract foreign firms to trade on Shanghai's futures exchange, which...

Asia shares await China markets' response to detail-thin stimulus pledges

Asian stocks hardly budged in early holiday-thinned trade on Monday, with investors nervous as to how markets in mainland China would react to government economic stimulus promises over the weekend...

Oil prices fall by more than a $1 on Chinese economic data

Oil prices fell by a dollar in early Asian trading on Monday after disappointing Chinese inflation data over the weekend stoked fears about demand. Brent crude futures were down $1.12 at...

Exclusive-Russia sets price floor for wheat at international tenders, sources say

Russia's agriculture ministry asked exporters at a closed-door meeting on Friday not to sell wheat by tender to international buyers below a minimum price, two sources with direct knowledge of the...

What matters most to world markets in a tight US election race

The U.S. presidential election, the most consequential vote for financial markets in an election-packed year, is weeks away. With Democratic Vice President Kamala Harris and Republican...

FTSE 100 little changed; Sainsbury's, BP slip

The blue-chip FTSE 100 was flat on Friday, weighed down by losses in Sainsbury's after its biggest shareholder cut stake in the supermarket chain, while BP slipped as it warned on third-quarter...

BP says weak refining margins to hit Q3 profit

BP said a drop in refining margins would reduce its third-quarter profit by $400 million to $600 million from the previous three months. The British group's oil trading result is also...

Suedzucker posts Q2 profit slump, cuts FY outlook on weak sugar market

HAMBURG -Europe's largest sugar producer Suedzucker on Thursday reported a 63% fall in quarterly operating profit and cut its full-year earnings forecasts on weak sugar markets. ...

Chinese stocks climb; dollar steady before US inflation test

Asian stocks got a lift on Thursday from Chinese stocks as China's central bank kicked off its 500 billion yuan facility to spur capital markets, while the dollar lingered near a two-month high ahead...

Foreign money is leaving Asian equities ex-China this month, LSEG data shows

Foreign money is leaving Asian equities, excluding China, this month as concerns about hefty stock valuations and conflict in the Middle East spur investors to book profits. Some...