News
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CK Hutchison posts 11% fall in profit as Panama ports deal saga ramps up
CK Hutchison underlying profit at HK$20.8 bln vs HK$23.5 bln Cancels post-earnings conferences amid Beijing ports sale criticismDeal seen as betrayal, state media saysPorts sale would reduce earnings contribution to 1% from 15%By Clare Jim HONG KONG, March 20 (Reuters) - CK Hutchison 0001.HK on T...Reuters
Thu, Mar 20
ASIA COFFEE-Domestic prices rise in Vietnam, supplies scarce in Indonesia
By Phuong Nguyen and Mas Alina ArifinHANOI, March 20 (Reuters) - Coffee prices edged up in Vietnam following a rise in London terminal, while Indonesian prices flipped back to discounts due to limited supplies, traders said on Thursday.Farmers in the Central Highlands, Vietnam's largest coffee-g...Reuters
Thu, Mar 20
EU eyes sharp cut to Ukrainian sugar imports after price slump, sources say
EU producers complained about cheap Ukrainian sugar importsEU-Ukraine deal on agriculture under reviewUkrainian sugar exports shift focus amid EU import concernsBy Sybille de La Hamaide PARIS, March 20 (Reuters) - The European Commission is looking to cut Ukrainian sugar imports sharply after EU ...Reuters
Thu, Mar 20
Energean Says All 2025 Continuing Operations Guidance Re-Iterated
March 20 (Reuters) - Energean PLC ENOG.L:FY ADJUSTED FREE CASH FLOW USD 1,122 MILLIONCARLYLE HAS NOT YET OBTAINED CERTAIN REGULATORY APPROVALS FOR TRANSACTIONFY 2024 PRODUCTION OF 153 KBOEDCARLYLE DEAL MAY BE TERMINATED AS THERE ARE SIGNIFICANT RISK THAT CONDITIONS WILL NOT BE SATISFIEDALL 2025 CONT...Reuters
Thu, Mar 20
METALS-Copper hovers near more than five-month high on anticipated US tariffs
SHANGHAI, March 20 (Reuters) - Copper prices on the London Metals Exchange hovered near their highest levels in more than five months on Thursday, with markets watching out for potential U.S. tariffs on the metal.Reuters
Thu, Mar 20
PRECIOUS-Gold scales record peak as Fed signals two rate cuts in 2025
Gold hits record high of $3,057.21/ozFed holds benchmark rate Bullion has logged 16 record highs so far in 2025 By Anjana Anil March 20 (Reuters) - Gold touched an all-time high on Thursday as the U.S. Federal Reserve signalled two possible interest rate cuts this year, adding to the bulli...Reuters
Thu, Mar 20
Hapag-Lloyd posts 19% lower net profit in 2024, to cut dividend
FRANKFURT, March 20 (Reuters) - Container shipping liner Hapag-Lloyd HLAG.DE on Thursday reported an 18.9% lower net profit for 2024 and proposed a 11.4% cut in its divided versus 2023, citing lower interest income and higher tax expenses.Key earnings figures for 2025 were expected to range below th...Reuters
Thu, Mar 20
COLUMN-OPEC, IEA focus on China oil demand, but crude imports are what matter: Russell
By Clyde RussellLAUNCESTON, Australia, March 20 (Reuters) - What's more important for crude oil markets? Forecasts of Chinese oil demand growth by leading agencies or the reality of ongoing weakness in imports?Both the International Energy Agency (IEA) and the Organization of the Petroleum Expor...Reuters
Thu, Mar 20
BRICS, planes and beef in spotlight as Brazil's Lula visits Vietnam, sources say
Lula to meet Vietnamese leaders in Hanoi to boost tiesBusiness delegation with Lula includes Embraer, JBSJBS eyes meat plant if Brazil beef import approved, sources sayEmbraer in talks to sell planes to Vietnam, sources sayBy Francesco Guarascio HANOI, March 20 (Reuters) - Brazil's President ...Reuters
Thu, Mar 20
Asia's sour crude demand set to rebound late second quarter, support Mideast prices
Chinese refiners to complete maintenance May-JuneExxon to use more sour crude after Singapore refinery upgradeBy Florence Tan and Trixie Yap SINGAPORE, March 20 (Reuters) - Asia's sour crude demand is set to rebound from late in the second quarter as refiners return from maintenance and Exxon...Reuters
Thu, Mar 20
METALS-Copper hits over five month high on tariff expectation
SHANGHAI, March 20 (Reuters) - Copper prices on the London Metals Exchange hit their highest in more than five months on Thursday, with markets watching out for potential U.S. tariffs on copper. Benchmark three-month copper CMCU3 on the LME was up 0.2% to $10,009 a metric ton as of 0308 GMT, hit...Reuters
Thu, Mar 20
GRAINS-Wheat rises on dollar, supply worries; corn, soybeans firm
Weaker dollar supports Chicago wheat, corn, soybeansRussia's February seaborne grain exports down over 50%By Naveen Thukral SINGAPORE, March 20 (Reuters) - Chicago wheat futures rose on Thursday, recouping last session's losses as the dollar pared gains and slowing grain shipments from to...Reuters
Thu, Mar 20
Danish fund manager CIP gets $515 million from Australia for green hydrogen project
March 20 (Reuters) - Danish clean energy fund manager Copenhagen Infrastructure Partners (CIP) said on Thursday it had received A$814 million ($515.83 million) from the Australian government for its Murchison Green Hydrogen project.The project, which is located 20 kilometres north of Kalbarri in Wes...Reuters
Thu, Mar 20
Oil prices rise on US data, Middle East tensions
By Colleen Howe BEIJING, March 20 (Reuters) - Oil prices rose in early trading on Thursday on a decline in U.S. fuel inventories and a ratchetting up of tensions in the Middle East. Brent crude futures LCOc1 rose 40 cents, or 0.57%, to $71.18 a barrel by 0213 GMT, while U.S. West Texas Intermedia...Reuters
Thu, Mar 20
CK Hutchison set to report earnings as Panama ports deal saga ramps up
CK Hutchison net profit seen at HK$21.3 billion - LSEG SmartEstimateCK Hutchison cancels post-earnings conferences amid Beijing ports sale criticismDeal seen as betrayal, state media saysPorts sale would reduce earnings contribution to 1% from 15%By Clare Jim HONG KONG, March 20 (Reuters) - CK Hu...Reuters
Thu, Mar 20
