Indices

Trading Day: Viva the 'TACO' trade

World stocks leaped on Thursday after U.S. President Donald Trump agreed a framework of a deal on Greenland and withdrew his threat to slap new tariffs on several European nations, while investors...

Egypt's finance minister says overall private investment in Egypt grew 73% last year

Egyptian Finance Minister Ahmed Kouchouk said on Thursday that overall private investment in Egypt grew by 73% last year. He was speaking during a session at the World Economic Forum in...

Colombia halts electricity sales to Ecuador and imposes tariffs in trade, drug trafficking spat

Colombia will suspend electricity sales to Ecuador and impose a 30% tariff on 20 products from its neighbor, it said on Thursday, in an escalating dispute over trade and the fight against drug...

Flood damage to South Africa's Kruger park will take years to fix

Damage from severe floods in South Africa's flagship game reserve Kruger National Park will take years to repair and cost millions of dollars, the environment minister said on Thursday. ...

ArcelorMittal South Africa in advanced talks for potential deal, shares spike

ArcelorMittal South Africa said on Thursday it was in advanced talks with the state-owned Industrial Development Corporation that could lead to a potential transaction, driving its shares up nearly...

US-funded Guinea-Bissau vaccine study to undergo ethical review, African health officials say

A Trump-administration-funded study into the effects of hepatitis B vaccines on newborns in Guinea-Bissau has not been cancelled but will undergo further ethical review, African health officials said...

F/m Investments seeks SEC approval to tokenize Treasury bill ETF shares

F/m Investments said on Wednesday that the asset manager has filed with a regulator for approval to record ownership of tokenized shares in its U.S. Treasury 3-month bill ETF on a permissioned...

TSX advances as investors assess Trump's push for Greenland talks

Canada's main stock index on Wednesday bounced back from the previous session's sharp sell-off, as investors digested fresh comments from U.S. President Donald Trump in Davos, Switzerland hinting that...

Canadian beef heads to China following Carney's visit

Canadian beef will be exported to China following the relaxation of an import ban that had been in place since 2021, the agriculture minister said, though analysts cautioned it will likely be in small...

South Africa's Nedbank to buy majority stake in Kenya's NCBA for $856 million

South Africa's Nedbank Group said on Wednesday it has offered to buy a 66% stake in Kenya's NCBA Group in a cash-and-stock deal for 13.9 billion rand as part of the lender's ambitions to expand in...

TSX opens higher as precious metals extend record rally

Canada's main stock index opened higher on Wednesday, as heightened tensions between the U.S. and its NATO allies over control of Greenland fanned a record rally in precious metal prices. ...

Egypt says it paid $5 billion to foreign oil partners, targets arrears cut

Jan 21 - Egypt has paid about $5 billion in overdue bills to foreign oil and gas partners and aims to bring remaining arrears down to $1.2 billion by June 2026, Prime Minister Mostafa Madbouly said. ...

Gold, silver premiums in India surge on import duty hike bets

Gold premiums in India surged past $100 an ounce on Wednesday for the first time in more than a decade, with silver premiums at a record high, as traders priced in possible curbs on precious metals...

South African retail sales rise 3.5% year on year in November

South African retail sales rose 3.5% year on year in November after rising by a revised 3.0% in October, Statistics South Africa figures showed on Wednesday. Seasonally-adjusted retail...

Milan Stock Exchange Opens Cautiously as Markets Await Trump at Davos, Moncler Slightly Down

Piazza Affari started the day on a cautious note, moving slightly lower in line with other European markets as investors await remarks from the U.S. President at the Davos Forum. Investors are...

South African inflation ticks up but more rate cuts expected this year

South African inflation rose slightly in December, as expected, but analysts said they still expect the central bank to deliver several interest rate cuts this year as price pressures remain well...

EU lawmakers deal blow to Mercosur trade deal by referring it to top court 

EU lawmakers voted on Wednesday to challenge the European Union's contentious free trade agreement with South America in the bloc's top court, a move that could delay the deal by two years and...

India fertiliser imports set for record $18 billion this fiscal year

India's fertiliser imports for the current fiscal year are expected to surge 76% from a year earlier to a record $18 billion, government and industry officials said on Wednesday as consumption jumped...

Ghana's cocoa farmers are unpaid and investment in next harvest at risk

Some of Ghana's farmers have not been paid and investment in the next harvest is at risk as international traders refuse to pay the upfront sums the state regulator has sought under a new model for...