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The Hang Seng Index initially fell and turned negative, while the Hang Seng Tech Index essentially erased its previous gains.
2026-11-03
The Hang Seng Index initially fell and turned negative, while the Hang Seng Tech Index essentially erased its previous gains.
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2026-11-03
India’s early harvest has driven a sharp jump in sugar output, cutting near-term import needs and pressing global sugar prices. The National Federation of Cooperative Sugar Factories said output in the current crush season reached 845,000 tons as of
India’s early harvest has driven a sharp jump in sugar output, cutting near-term import needs and pressing global sugar prices. The National Federation of Cooperative Sugar Factories said output in the current crush season reached 845,000 tons as of Oct. 31, more than eight times a year earlier. Early gains and investor profit-taking pushed New York raw sugar futures down as much as 3.5% on Tuesday to their lowest since late September; London white sugar futures also fell. Domestic stocks remain low and mills are accelerating production to contain local prices, but markets worry a strong El Nino could reduce yields and push the global sugar market toward a supply deficit; season cumulative output is still expected to be below normal. Greenleaf Consultancy analyst Harsh Soni said the strong start was unsurprising and that markets will react to actual data.
2026-11-03
ECB policymaker Moulin said the central bank must prevent inflation from spreading beyond energy.
ECB policymaker Moulin said the central bank must prevent inflation from spreading beyond energy.
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