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RPT-COLUMN-Indonesia coal exports post rare decline so far in 2025: Maguire
By Gavin MaguireLITTLETON, Colorado, May 9 (Reuters) - Indonesia's exports of thermal coal have dropped to their lowest in three years so far in 2025, dented by weak demand in China and India - the world's two largest coal consumers.The world's largest exporter of coal for power generati...Reuters
Fri, May 9
PRECIOUS-Gold gains as dollar slips, investors await US-China trade talks
Trump says China tariffs will likely come down from 145%Dollar down 0.3% against its rivalsGold up 2.5% so far this weekSeveral Fed officials scheduled to speak later in the dayBy Brijesh Patel May 9 (Reuters) - Gold prices rose on Friday and were headed for a weekly gain, supported by a weaker d...Reuters
Fri, May 9
GLOBAL MARKETS-Trade hopes feed risk appetite, boosting stocks and bitcoin
World stocks near 6-week highs on trade optimismU.S. deal with UK is first since Trump's tariff pauseU.S. officials to meet with Chinese negotiators on SaturdayBitcoin leaps to highest since January; Brent crude up almost 2%Chip shares rise in Japan, Taiwan; China stocks struggleBy Nell Mackenzi...Reuters
Fri, May 9
GRAINS-Chicago soy, corn and wheat higher with trade talks, weather in focus
By Ella Cao and Gus Trompiz BEIJING/PARIS, May 9 (Reuters) - Chicago soybean, corn and wheat futures edged higher on Friday as looming U.S.-China talks raised hopes of an easing in trade tensions.A lower dollar =USD and brisk weekly U.S. exports also helped corn recover from a six-week low on Thu...Reuters
Fri, May 9
Aon pegs latest SCS losses in hundreds of millions of US dollars
By Rebecca DelaneyMay 9 - (The Insurer) - Severe convective storm (SCS) activity in the U.S. and Europe over the past week are expected to generate economic losses in the hundreds of millions, according to Aon's weekly cat report on Friday.Two severe weather outbreaks hit the southern and easter...Reuters
Fri, May 9
REFILE-Enbridge beats Q1 profit estimates
May 9 (Reuters) - Enbridge ENB.TO beat market estimates for first-quarter profit on Friday as the Canadian pipeline operator received a boost from higher earnings from its Mainline system and a rise in income from its gas distribution unit.The company reported adjusted profit of C$1.03 per share for...Reuters
Fri, May 9
Shanghai copper stock withdrawals slow, easing supply concerns
SHANGHAI, May 9 (Reuters) - Copper inventories on the Shanghai Futures Exchange (SHFE) decreased again on Friday although the rate of withdrawals slowed, easing concerns that an accelerating drawdown in stocks could cause prices to spike. Copper inventories on the SHFE decreased by 10% sinc...Reuters
Fri, May 9
EU changes to sustainability law risk company lawsuits, legal scholars say
Proposals remove obligation to enact emissions reduction plansCompanies say simpler rules needed to compete with US, ChinaLegal academics say plan may mean more companies are suedEU plan must be negotiated by EU countries and lawmakersBy Kate Abnett BRUSSELS, May 9 (Reuters) - The European Union&...Reuters
Fri, May 9
EUROPE GAS-Prices rangebound amid softer demand, warmer temperatures
LONDON, May 9 (Reuters) - Dutch and British wholesale gas prices continued to trade in a narrow range amid softer demand and higher temperatures.The benchmark Dutch front-month contract TRNLTTFMc1 inched up 0.17 euro to 35.30 euros per megawatt hour (MWh), or $11.27/mmBtu, at 0900 GMT, while the Jul...Reuters
Fri, May 9
REFILE-METALS-Base metals mixed ahead of US-China trade talks
SHANGHAI, May 9 (Reuters) - Prices of base metals were mixed on Friday as traders' focus shifted to U.S.-China trade talks this weekend, after a limited bilateral deal was announced between Washington and London.Benchmark copper CMCU3 on the London Metal Exchange (LME) fell 0.8% to $9,364 a metr...Reuters
Fri, May 9
Nippon Steel Vice Chairman: We Aim To Complete U.S. Steel Deal By June 5
May 9 (Reuters) - Nippon Steel Corp 5401.T:NIPPON STEEL PRESIDENT SAYS EXPECTING ITS CRUDE STEEL OUTPUT IN FY2025/26 TO FALL BY ABOUT 1 MILLION TONS FROM A YEAR EARLIERNIPPON STEEL PRESIDENT: OUR POSITION ON THE PLANNED ACQUISITION OF U.S. STEEL REMAINS UNCHANGEDNIPPON STEEL PRESIDENT: TAKING ALL ST...Reuters
Fri, May 9
RUBBER-Japan futures log weekly gain on US-China trade talk hopes
SINGAPORE, May 9 (Reuters) - Japanese rubber futures climbed for a seventh consecutive session on Friday and posted weekly gains on hopes of easing trade tensions, ahead of the U.S.-China trade talks, while higher oil prices also lent support.The Osaka Exchange (OSE) October rubber contract JRUc6,...Reuters
Fri, May 9
PRECIOUS-Gold rebounds on dip buying; US-China trade talks in focus
Trump says China tariffs will likely come down from 145%Trump, Starmer hail limited US-UK trade deal, but 10% US duties remainSeveral Fed officials scheduled to speak later in the dayBy Anushree Mukherjee May 9 (Reuters) - Gold firmed on Friday on dip-buying after prices dropped earlier in the se...Reuters
Fri, May 9
As trade talks begin, Chinese exporters prepare to get goods moving to US again
Chinese exporters prepare to resume shipping amid hopes for tariff reductionShipping agents buy container space for US-bound goods from mid-MayU.S. retailers face risk of empty shelves without Chinese goodsBy Casey Hall SHANGHAI, May 9 (Reuters) - China-based shipping agents have resumed buying c...Reuters
Fri, May 9
UK sanctions directors of oil trading group over Russian ties
LONDON, May 9 (Reuters) - Britain on Friday announced a package of sanctions aimed at Russia, including placing asset freezes on several directors of oil trading company Coral Energy Group, which is now known as 2Rivers Group.The wider package of sanctions targeted around 100 oil tankers from Russia...Reuters
Fri, May 9
