Analysis: Indices

South Africa's Pick n Pay CFO Lerena Olivier to step down in 2026

South Africa's Pick n Pay said on Monday its chief financial officer, Lerena Olivier, will step down after the retailer's annual general meeting next year, as the retailer battles mounting losses and...

China's slow-motion stock rally starts to win investor trust 

Fund managers are picking Chinese industrial stocks and holding volatile tech shares, betting a two-year-old equities rally can withstand an economic rough patch, as valuations and steady returns lure...

India seeks parliament nod for net $4.62 billion in extra spending for 2025/26

India's government sought parliament's approval on Monday for net 414.55 billion rupees in additional spending for the fiscal year, proposing extra allocations for defence procurements, and subsidies...

India's factory growth slows to nine-month low as US tariffs dent demand, PMI shows

India's manufacturing sector lost some momentum in November with growth decelerating to a nine-month low as stiff U.S. tariffs took a heavy toll on demand, a survey showed on Monday. ...

Indonesia's October exports unexpectedly fall amid weak China demand

Indonesia posted a smaller-than-expected trade surplus in October after exports unexpectedly fell, official data showed on Monday, amid curtailed demand from China and weak shipments of mining...

EU members seek safeguards in US tariff deal to protect industry

BRUSSELS -European Union governments want to put in place safeguards and a review clause in the tariff deal the bloc struck with the United States, to counter concerns that a possible surge of U.S....

India-Canada trade deal could guarantee some Canadian pulse sales, envoy says 

REGINA, Saskatchewan -India's government is considering guaranteeing Canada ongoing pulse crop sales so its farmers keep growing the vital protein source, Indian High Commissioner to Canada Dinesh...

TSX notches seventh straight monthly gain as precious metals climb

Canada's main stock index rose on Friday to another record high as gains for gold and silver prices boosted metal mining shares and investors turned attention to bank earnings season. ...

TSX opens lower as investors assess domestic GDP print

Canada's main stock index inched lower on Friday, with real estate stocks leading the declines, while investors assessed domestic GDP data. At 9:31 a.m. ET , Toronto's S&P/TSX...

South Africa's Eskom sees annual profit matching last year's after strong first half

JOHANNESBURG -South African state power utility Eskom said on Friday that it expected this year's profit to be similar to last year's, after a strong first six months helped by higher tariffs and...

South Africa's Eskom makes 24.3 billion rand half-year profit

JOHANNESBURG -South Africa's state power utility Eskom on Friday reported a profit after tax of 24.3 billion rand for the six months to the end of September 2025, compared to a 17.8 billion rand...

Starbucks workers' union expands strike to more stores on Black Friday

The Starbucks workers' union said on Friday it has expanded its indefinite strike demanding better pay and staffing to more than 120 stores from 65, while the coffee chain said the strike has had no...

South African trade surplus at $909 million in October

JOHANNESBURG -South Africa recorded a trade surplus of 15.58 billion rand in October, revenue service figures showed on Friday. Analysts polled by Reuters had expected a surplus of 20...

India expects trade deal with US by end of year, senior official says

India expects to secure a trade deal with the United States before the end of this year as most issues have been resolved, New Delhi's trade secretary said on Friday. The U.S. imposed...

Senegal says IMF concerned over 'very large amount' of liquidity needs

DAKAR -The International Monetary Fund has concerns over Senegal's liquidity needs, the country's finance minister said on Friday. Senegal is in talks with the Fund for a new lending...

German Doner Kebab set to enter India next year, eyes $1.3 billion in global sales

UK-based fast-food chain German Doner Kebab plans to open its first restaurant in India early next year, as it targets 1 billion pounds in global sales within five years, CEO Simon Wallis said. ...

India equity benchmarks log third monthly gain, GDP data on tap

India's stock benchmarks notched their third straight monthly gain on Friday driven by improving earnings, expectations of domestic and U.S. rate cuts and eased valuations, and ended near record...

Kenya turns to China for $1.5 billion highway expansion

GILGIL, Kenya -Kenya and two Chinese state firms launched construction of a $1.5 billion highway expansion on Friday, marking Beijing's return to major infrastructure development in the East African...

EU should reject automakers' biofuel plea, says campaign group

BRUSSELS -The European Commission should resist automakers' calls to allow cars to run on biofuels beyond 2035 because they are in short supply and not truly carbon-neutral, campaign group T&E said...