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South Korea to actively engage in talks over Alaska gas pipeline, says industry ministry
SEOUL, March 5 (Reuters) - South Korea will actively engage in discussions over a gas pipeline project in Alaska as it is a matter of mutual interest of the two countries, an industry ministry spokesperson said on Wednesday. South Korea, Japan and other countries want to partner with the United Stat...Reuters
Wed, Mar 5
Trump says Japan and South Korea want to partner with the US in Alaska pipeline
WASHINGTON, March 4 (Reuters) - Japan, South Korea and other countries want to partner with the United States in a "gigantic" natural gas pipeline in Alaska, U.S. President Donald Trump said on Tuesday, claiming they would invest "trillions of dollars each."Trump said in an address t...Reuters
Wed, Mar 5
METALS-Most Shanghai base metals slip on trade war jitters
By Anushree Mukherjee March 5 (Reuters) - Most base metals in Shanghai retreated on Wednesday as investors feared a potential trade war between the United States and China, the top metals consumer, after both economies imposed tit-for-tat tariffs.The most-active copper contract on the Shanghai Fu...Reuters
Wed, Mar 5
Oil falls as OPEC+ plans to raise output, U.S. tariffs hammer sentiment
March 5 (Reuters) - Oil prices fell for a third session on Wednesday as plans by major producers to raise output in April combined with concerns U.S. tariffs on Canada, Mexico and China will slow economic and fuel demand growth hammered investor sentiment.
Reuters
Wed, Mar 5
Trump to tell Congress he is working to end Ukraine war
WASHINGTON, March 4 (Reuters) - U.S. President Donald Trump will tell the U.S. Congress on Tuesday that he is working to end the Russia-Ukraine war, according to excerpts from his speech released by the White House.Trump also said that later this week he will announce an expansion of production of c...Reuters
Wed, Mar 5
China to boost coal supply capability and enhance fuel's role as baseline power
BEIJING, March 5 (Reuters) - China said on Wednesday it would continue to enhance coal production and the fuel's role as a baseline power source.In a wide ranging official report released on Wednesday, China also said it would push ahead with reforms to how clean energy is priced in the grid. Ch...Reuters
Wed, Mar 5
Trudeau dismisses 'very dumb' tariffs, says Trump wants to ruin Canadian economy
Canada imposes 25% tariffs on some US imports in retaliationTrudeau accuses Trump of wanting to ruin Canadian economyEconomists warn Canada may face recession if tariffs persistBy David Ljunggren and Promit Mukherjee OTTAWA, March 4 (Reuters) - Prime Minister Justin Trudeau told U.S. President Do...Reuters
Wed, Mar 5
GRAINS-Soybeans, corn rebound from 2-month lows; wheat firms
SINGAPORE, March 5 (Reuters) - Chicago soybeans and corn bounced back on Wednesday, recovering form their lowest levels since early January, although worries over escalating trade tensions between U.S. and its key trading partners capped the upside.Wheat gained ground, rising for the first time in e...Reuters
Wed, Mar 5
LIVESTOCK-CME hog futures tumble on tariff woes, but cattle ends higher
By Julie Ingwersen CHICAGO, March 4 (Reuters) - Chicago Mercantile Exchange lean hog futures fell to 5-1/2 month lows on Tuesday, joining broader market declines tied to fears that President Donald Trump's trade policies will curb demand for U.S. goods, traders said.Trump set 25% tariffs on m...Reuters
Wed, Mar 5
China targets US soybeans, lumber in stepped-up response to Trump tariffs
China suspends soybean import licence for three U.S. firms Also suspends imports of U.S. logsChina says suspension due to phytosanitary issues Suspension coincides with retaliatory measures against U.S. tariffs By Mei Mei Chu and Ella Cao BEIJING, March 4 (Reuters) - China suspended on Tuesday t...Reuters
Wed, Mar 5
PRECIOUS-Gold slips as Treasury yields climb; Trump tariff moves on radar
March 5 (Reuters) - Gold prices inched lower on Wednesday, pressured by rising U.S. Treasury yields, while investors tracked developments surrounding the possible impact of U.S. President Donald Trump's tariffs on inflation and global trade.FUNDAMENTALS* Spot gold XAU= slipped 0.1% to $2,916.09 ...Reuters
Wed, Mar 5
China announces plans for major renewable projects to tackle climate change
BEIJING, March 5 (Reuters) - China said on Wednesday it would develop a package of major projects to tackle climate change as it moved towards peak carbon emissions and carbon neutrality. The world's largest carbon emitter said it would develop new offshore wind farms and accelerate the construc...Reuters
Wed, Mar 5
China plans to spend 131.66 billion yuan stockpiling grains, oilseeds, other materials in 2025
BEIJING, March 5 (Reuters) - China plans to spend 131.66 billion yuan ($18.12 billion) stockpiling grain, edible oils and other materials in 2025, according to an official report published on Wednesday.($1 = 7.2651 Chinese yuan)Reuters
Wed, Mar 5
TECHNICALS-Commodities intraday targets/key levels
For more technical analyses, click SINGAPORE, March 5 (Reuters) - Contract Target Support/Resistance Brent oil $71.31/$71.88/$72.44sup $70.61/$70.13/$69.48Palm oil (3rd month)4,313/4,284 ringgitres 4,359/4,388/4,435 ringgitWTI* $68.75sup $67.60/$66.89Spot gold$2,894/$2,879res $2,927/$2,939LME...Reuters
Wed, Mar 5
China sets 2025 grain output, energy intensity targets
BEIJING, March 5 (Reuters) - China will target grain output around 700 million metric tons for 2025, according to an official report published on Wednesday. The report also said China would target a decline of around 3% in energy consumption per unit of GDP.Reuters
Wed, Mar 5
RPT-COLUMN-Tin bulls in retreat as Myanmar flags return of key mine: Andy Home
By Andy HomeLONDON, March 4 (Reuters) - The Wa State, a semi-autonomous region of Myanmar, has finally broken its year-long silence on the fate of the Man Maw tin mine.The mine is the jewel in Myanmar's tin crown and its suspension since August 2023, ostensibly for an audit, has reduced the flow...Reuters
Wed, Mar 5
China hits US soybean firms, halts log imports as it steps up retaliation against Trump tariffs
China suspends soybean import licence for three U.S. firms Also suspends imports of U.S. logsChina says suspension due to phytosanitary issues Suspension coincides with retaliatory measures against U.S. tariffs By Mei Mei Chu and Ella Cao BEIJING, March 4 (Reuters) - China suspended on Tuesday t...Reuters
Tue, Mar 4
EXCLUSIVE-US, Ukraine now plan to sign minerals deal, sources say
Trump wants to announce deal in address to Congress, sources tell ReutersBessent denies any minerals deal signing plannedZelenskiy ready to sign, calls meeting 'regrettable'By Erin Banco, Gram Slattery and Andrea Shalal NEW YORK, March 4 (Reuters) - U.S. President Donald Trump's admin...Reuters
Tue, Mar 4
US preliminarily determines Canadian lumber dumped at up to 34.61% margin rates in 2023
March 4 (Reuters) - The U.S. Department of Commerce said on Tuesday that it preliminarily determined that softwood lumber from Canada was being dumped into the United States at margin rates ranging from 9.48% to 34.61% in 2023.The preliminary determination was made as a part of the department's ...Reuters
Tue, Mar 4
