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RPT-GRAINS-Soybean futures stabilise on US-China trade war truce; wheat dips on USDA report
By Ella Cao and Lewis Jackson BEIJING, May 13 (Reuters) - Chicago soybean futures eased on Tuesday, after hitting a three-month high in the previous session following a temporary truce in the U.S.-China trade war and a bullish U.S. Department of Agriculture report.The most-active CBOT soybean con...Reuters
Tue, May 13
South Korea battery materials maker POSCO Future M to raise $775 mln via share issue
SEOUL, May 13 (Reuters) - South Korean chemical and battery material maker, POSCO Future M 003670.KS, said on Tuesday it would issue new shares to raise around 1.1 trillion won ($775 million) to fund its expansion at home and abroad, including its joint venture factory with General Motors in Canada....Reuters
Tue, May 13
Shanghai copper rangebound as caution tempers US-China trade optimism
SINGAPORE, May 13 (Reuters) - Copper prices were rangebound on Tuesday, with the most-traded contract on the Shanghai Futures Exchange (SHFE) edging higher, as lingering caution tempered relief from a U.S.-China tariff truce aimed at easing trade tensions. The SHFE contract was up 0.1% at 78,090 yuaReuters
Tue, May 13
EUROPE GAS-Prices rangebound as the market eyes Russia-Ukraine news
LONDON, May 13 (Reuters) - Dutch and British gas prices were little changed on Tuesday morning with the market waiting for news from Ukraine-Russia peace talks later this week and as warm weather continued to limit demand.The benchmark Dutch front-month contract TRNLTTFMc1 was up 0.18 euro at 35.60 ...Reuters
Tue, May 13
RPT-METALS-Shanghai copper rangebound as caution tempers US-China trade optimism
SINGAPORE, May 13 (Reuters) - Copper prices were rangebound on Tuesday, with the most-traded contract on the Shanghai Futures Exchange (SHFE) edging lower, as lingering caution tempered relief from a U.S.-China tariff truce aimed at easing trade tensions. The SHFE contract was up 0.1% at 78,090 yuan...Reuters
Tue, May 13
China Minmetals unit sets sight on global potash assets with bid for Australian miner
Qinghai Salt Lake Industry aims to control Highfield Resources with a $300 million investmentDeal includes potash projects in Canada and SpainQinghai and Minmetals are developing a lithium-potassium hub in ChinaBy Aaditya GovindRao May 12 (Reuters) - A unit of state-owned China Minmetals plans to...Reuters
Tue, May 13
Inpex Executive: Alaska Lng Project Is Expected To Be Very Difficult To Make Profitable
May 13 (Reuters) - Inpex Corp 1605.T:INPEX EXECUTIVE: ALASKA LNG PROJECT IS EXPECTED TO BE VERY DIFFICULT TO MAKE PROFITABLEINPEX EXECUTIVE: DON'T BELIEVE ALASKA LNG IS A PROJECT THAT A PRIVATE COMPANY CAN UNDERTAKE WITH EXPECTATION OF MAKING IT PROFITABLEINPEX EXECUTIVE: ICHTHYS LNG IS SCHEDULE...Reuters
Tue, May 13
PRECIOUS-Gold recovers as US-China tariff truce spurs bargain-buying
US and China reach deal to temporarily slash tariffsTariff pause may reduce need for Fed rate cuts, Kugler saysUS CPI data due at 1230 GMTBy Anmol Choubey May 13 (Reuters) - Gold recovered on Tuesday as bargain-hunters stepped in after prices hit a more than one-week low in the previous session, ...Reuters
Tue, May 13
Palladium price today: Rare metals advance at the start of the European session
Platinum Group Metals (PGMs) trade with a positive tone at the beginning of Tuesday, according to FXStreet data. Palladium (XPD) changes hands at $951.00 a troy ounce, with the XPD/USD pair advancing from its previous close at $949.90.Fxstreet
Tue, May 13
Startup Centinel launches parametric power outage cover for SMEs
By Henry GaleMay 13 - (The Insurer) - Parametric insurance for the costs of extended power outages is now available in the U.S. through startup Centinel and agency network Catalyit.Centinel, founded in 2022, has started offering the coverage through Catalyit, a technology firm with a network of more...Reuters
Tue, May 13
India considers counter duties on US products, notice to WTO shows
NEW DELHI, May 13 (Reuters) - India is looking at levying import duties on some products made in the United States to counter Washington's tariffs on steel and aluminium products, a document submitted to the World Trade Organization shows."The proposed suspension of concessions or other obli...Reuters
Tue, May 13
EXCLUSIVE-Vietnam cranks up fight on imported counterfeits amid US tariff talks
Vietnam is hub for counterfeits trade, digital piracy, US saysInspections strengthened on Google, Mattel, J&J imported fakesFirms warned not to use fake software after industry complainedCounterfeits, piracy are part of US-Vietnam trade talks, source saysFakes still on display in 'notorious ...Reuters
Tue, May 13
COLUMN-Trade truce won't resurrect China's imports of US energy: Russell
By Clyde Russell LAUNCESTON, Australia, May 13 (Reuters) - The move by the United States and China to reduce import tariffs on each other and negotiate has been broadly welcomed by markets, but the de-escalation will do very little to restore the trade in energy commodities.The truce between the ...Reuters
Tue, May 13
Silver Price Forecast: XAG/USD rises to near $33.00 with developing bullish bias
Silver price (XAG/USD) is extending its gains for the fourth successive session, trading around $33.00 per troy ounce during the Asian hours on Tuesday. Technical analysis of the daily chart indicates a bullish outlook, as the precious metal continues to trade within an ascending channel pattern.Fxstreet
Tue, May 13
