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South Africa to offer US a revised trade deal on Tuesday
By Nellie Peyton PRETORIA, Aug 12 (Reuters) - South Africa will submit a revised offer for a trade deal to Washington on Tuesday, the trade minister said, in an effort to lower the 30% tariff rate U.S. President Donald Trump imposed on exports to the United States last week.The government of Afri...Reuters
Tue, Aug 12
BREAKINGVIEWS-China's Nvidia pushback is only just beginning
By Robyn Mak HONG KONG, Aug 12 (Reuters Breakingviews) - China's relationship with Nvidia NVDA.O just got messier. Just one month after boss Jensen Huang's rockstar welcome in the People's Republic, state media has blasted the $4.4 trillion chipmaker's popular H20 processors over ...Reuters
Tue, Aug 12
US, China extend tariff truce by 90 days, staving off surge in duties
Extension prevents US, China tariffs from snapping higherTrump says China has been 'dealing quite nicely'Trade analysts see extension easing path to Trump-Xi meetingBy Trevor Hunnicutt, Andrea Shalal and Joe Cash WASHINGTON/BEIJING, Aug 12 (Reuters) - The United States and China have exte...Reuters
Tue, Aug 12
China to charge security deposits on halogenated butyl rubber imports from Canada, Japan
BEIJING, Aug 12 (Reuters) - China's commerce ministry announced on Tuesday preliminary rulings on its anti-dumping investigations into halogenated butyl rubber imported from Canada, Japan and India, a ministry statement showed.The ministry decided to terminate the probe into Indian halogenated b...Reuters
Tue, Aug 12
Peabody's decision on $3.8 billion bid for Anglo American mines looms next week
MELBOURNE, Aug 12 (Reuters) - Peabody Energy BTU.N is set to reveal on August 19 whether it will continue with its $3.78 billion bid for Anglo American's AAL.L Australian coking coal mines, as time ticks down for it to renegotiate a lower price for the deal. The U.S. miner last year agreed to bu...Reuters
Tue, Aug 12
China imposes preliminary anti-dumping duty on Canadian canola imports
BEIJING, Aug 12 (Reuters) - China's Commerce Ministry on Tuesday announced a preliminary anti-dumping duty on canola imports from Canada, according to an official statement.A deposit rate of 75.8% will be imposed on Canadian companies starting on Thursday, the statement said.Reuters
Tue, Aug 12
Trump "Clarifies" Zero Gold Tariff Stance; Prices Suffer Biggest 3-Month Drop
TradingKey - On August 11, Trump posted a clear statement on his social media platform declaring "Gold will not be taxed," ending market concerns over potential gold tariffs and triggering a sharp price decline—the largest single-day drop in nearly three months.TradingKey
Tue, Aug 12
China launches anti-dumping investigation into Canadian pea starch
BEIJING, Aug 12 (Reuters) - China's commerce ministry on Tuesday launched an anti-dumping investigation into pea starch imported from Canada, according to a ministry statement. The probe will last a year, and could be extended for six months, the statement said.Reuters
Tue, Aug 12
PRECIOUS-Gold edges higher with focus on US inflation data
Trump signs order to extend China tariff deadline for 90 daysUS consumer prices index data due at 1230 GMTSpot gold dropped 1.5% to one-week low on MondayBy Brijesh Patel Aug 12 (Reuters) - Gold prices nudged higher on Tuesday, recovering slightly from a sharp decline in the previous session, as ...Reuters
Tue, Aug 12
TIMELINE-Major developments in Trump's trade war
Aug 12 (Reuters) - U.S. President Donald Trump's tariff decisions since he took office in January have shocked financial markets and sent a wave of uncertainty through the global economy.Here is a timeline of the major developments: February 1 - Trump imposes 25% tariffs on Mexican and most ...Reuters
Tue, Aug 12
TABLE-North Sea gas maintenance schedule: Adds St.Fergus outage
Aug 12 (Reuters) - The following is a schedule of maintenance work on gas infrastructure, mainly in the North Sea.The table is arranged by outage start date.Volumes are in standard million cubic metres per day (mcm/d) or gigawatt-hours per day (GWh/d) unless otherwise indicated.OPERATORLOCATIONOUTAG...Reuters
Tue, Aug 12
TECHNICALS-CBOT soybeans may test support at $9.95-3/4
For more technical analyses, please click SINGAPORE, Aug 12 (Reuters) - The CBOT soybean November contract SX25 may test support at $9.95-3/4 per bushel, a break below which could open the way towards $9.85-1/2 to $9.90 range.The contract failed twice to break resistance at $10.12. The failures, alo...Reuters
Tue, Aug 12
Peabody's $3.8 billion bid on Anglo American mines looms next week
MELBOURNE, Aug 12 (Reuters) - Peabody Energy BTU.N is set to reveal on August 19 whether it will continue with its $3.78 billion bid for Anglo American's AAL.L Australian coking coal mines, as time ticks down for it to renegotiate a lower price for the deal. The U.S. miner last year agreed to bu...Reuters
Tue, Aug 12
Peninsula Energy Says Regulatory Approval To Commence Feeding Phase 2 Of Central Processing Plant
Aug 12 (Reuters) - Peninsula Energy Ltd PEN.AX:REGULATORY APPROVAL TO COMMENCE FEEDING PHASE 2 OF THE CENTRAL PROCESSING PLANT AT LANCE PROJECTSEES TO SECURE FUNDING TO COMPLETE RESET OF LANCE IN PREPARATION FOR RETURN TO PRODUCTIONReuters
Tue, Aug 12
GRAINS-Soybeans slip on expected bumper US harvest as Trump boost fades
Soybean futures down 1.1%, give up some of Monday's gainsCorn, wheat fall ahead of U.S. supply-demand reportBy Naveen Thukral SINGAPORE, Aug 12 (Reuters) - Chicago soybeans slid on Tuesday, giving up some gains from the previous session, as expectations of a bumper U.S. harvest weighed on...Reuters
Tue, Aug 12
PRESS DIGEST - Wall Street Journal - August 12
Aug 12 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.- Skydance-owned Paramount PSKY.O will become the exclusive U.S. home of Ultimate Fighting Championship under a seven-year streaming deal valu...Reuters
Tue, Aug 12
