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China to maintain anti-dumping duties on US, S.Korea, EU rubber imports
BEIJING, Dec 19 (Reuters) - China's commerce ministry announced on Friday it will maintain anti-dumping duties on rubber products from the United States, South Korea and the EU, as it begins expiry reviews of the measure initially imposed five years ago.China will keep an anti-dumping tariff ran...
Reuters
Fri, Dec 19
ROI-Surging barrels at sea spook oil markets more than Russia or Venezuela: Bousso
By Ron Bousso LONDON, Dec 19 (Reuters) - Oil prices slumped below $60 a barrel this week as investors try to make sense of U.S. President Donald Trump’s push to end the war in Ukraine and force out Venezuelan President Nicolas Maduro. Yet the real driver of prices in the months ahead is likely...
Reuters
Fri, Dec 19
Silver Price Forecast: XAG/USD bounces off 100-hour SMA pivotal support; climbs to $66.00
Silver (XAG/USD) attracts some dip-buying near mid-$64.00s during the Asian session on Friday and stalls the previous day's modest retracement slide.
Silver
Fxstreet
Fri, Dec 19
TABLE-North Sea gas maintenance schedule: Revises St. Fergus outage
Dec 19 (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
Fri, Dec 19
GRAINS-Wheat heads for biggest weekly fall since June on ample supply
CANBERRA, Dec 19 (Reuters) - Chicago wheat futures fell on Friday and were headed for their biggest weekly drop since June, as abundant global supply drove prices towards their lowest since 2020.Soybean futures declined for a sixth day, reaching their lowest since October 24, as speculators reduced ...
Reuters
Fri, Dec 19
EXCLUSIVE-Japan's biggest data centre hub planned in Toyama prefecture - document
First phase to support 400 megawatts, ready by end-2028Japan's data centre market to double by 2028, driven by cloud and AI servicesToyama offers low-hazard risk and cheaper power for data centresNanto city to announce plan with developer on FridayBy Chang-Ran KimTOKYO, Dec 19 (Reuters) - A city...
Reuters
Fri, Dec 19
India Gold price today: Gold falls, according to FXStreet data
Gold prices fell in India on Friday, according to data compiled by FXStreet.
Gold
Fxstreet
Fri, Dec 19
PRESS DIGEST-British Business - December 19
Dec 19 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - Corvex Management urged Premier Inn owner Whitbread WTB.L to review its strategy and 3.5-billion-p...
Reuters
Fri, Dec 19
Vietnam starts work on rail link to China amid infrastructure spending spree
HANOI, Dec 19 (Reuters) - Vietnam on Friday started construction on several large infrastructure projects, including five stations of a railway system linking it with China, the government said. The Southeast Asian manufacturing hub has been ramping up public investments as one of its key drivers o...
Reuters
Fri, Dec 19
GRAINS-Wheat heads for biggest weekly fall since June on ample supply
CANBERRA, Dec 19 (Reuters) - Chicago wheat futures headed for their biggest weekly fall since June, as abundant global supply as well as a boost to local supply from the cancellation of U.S. shipments to China drove prices towards their lowest since 2020.Soybean futures declined for a sixth day, rea...
Reuters
Fri, Dec 19
WTI struggles below $56.00 amid hopes for a Russia–Ukraine peace deal
West Texas Intermediate (WTI) Oil price loses ground for the second successive session, trading around $55.80 per barrel during the Asian hours on Friday.
WTI
Fxstreet
Fri, Dec 19
Lundin Mining to sell Eagle nickel-copper mine to Talon Metals for about $84 million
Dec 18 (Reuters) - Canadian mining company Lundin Mining LUN.TO said on Thursday that it plans to sell its Eagle nickel-copper mine and Humboldt Mill to Talon Metals TLO.TO in exchange for shares, creating a pure-play American nickel-copper company.Under the deal, Lundin will transfer its U.S. subsi...
Reuters
Fri, Dec 19
Oil set to close lower for second straight week
Dec 19 (Reuters) - Oil prices fell in early trading on Friday and were set to close lower for a second straight week, as rising prospects of a Russia-Ukraine peace deal offset concerns over supply disruptions from a blockade of Venezuelan oil tankers.Brent crude futures LCOc1 fell 9 cents, or 0.2%, ...
Reuters
Fri, Dec 19
Trump signs order to ease US marijuana regulations, sparking industry hopes
U.S. President Donald Trump on Thursday signed an order directing the loosening of federal regulations on marijuana, a move that could further reverse decades of tough-on-weed policy.
Reuters
Fri, Dec 19
Gold edges lower despite Fed rate cut hopes on cooling US inflation
Gold price (XAU/USD) declines to below $4,350 during the early Asian trading hours on Friday. The precious metal edges lower due to some profit-taking and weak long liquidation from shorter-term futures traders.
Gold
Fxstreet
Fri, Dec 19
Cannabis companies face hurdles accessing big banks despite reclassification, experts say
Cannabis companies face high borrowing costsBig banks remain cautious due to federal illegality of cannabisSAFER Banking Act could give legal certainty in cannabis bankingBy Nivedita Balu Dec 18 (Reuters) - U.S. President Donald Trump's move to relax marijuana regulations could ease some burd...
Reuters
Fri, Dec 19
Energy Transfer scraps development of Lake Charles LNG export project
Energy Transfer open to third-party discussions for Lake Charles LNG projectTranswestern pipeline expansion costs rise to $5.6 billionEnergy Transfer says pipeline projects have better risk, return profilesBy Sheila Dang and Arathy Somasekhar HOUSTON, Dec 18 (Reuters) - Energy Transfer ET.N said ...
Reuters
Thu, Dec 18
US Cash Crude-Offshore grades ease after spiking in previous session
HOUSTON, Dec 18 (Reuters) - U.S. Gulf of Mexico grades largely weakened on Thursday after briefly spiking in the previous session. Mars eased 80 cents, while SGC weakened $1.30. The grades had firmed on Wednesday on worries that escalating tensions between the U.S. and Venezuela could impact Che...
Reuters
Thu, Dec 18
CIF/FOB Gulf Grain-Soybean barge basis mostly steady on good demand, corn bids flat
CHICAGO, Dec 18 (Reuters) - Basis bids for soybeans shipped by barge to U.S. Gulf Coast terminals held mostly steady with a firm tone on Thursday after climbing earlier in the week on solid export demand and rising barge freight costs, traders said.CIF corn basis bids were mostly unchanged.Soybean v...
Reuters
Thu, Dec 18
CORRECTED-They quit government to protest Trump. Now they are running for Congress to stop him.
Former federal workers run for Congress as DemocratsCandidates highlight government service and outsider statusSome newly minted candidates face a steep learning curveBy Joseph Ax CAPE MAY, New Jersey, Dec 18 (Reuters) - It was Megan O'Rourke's dream job. As a top climate scientist for th...
Reuters
Thu, Dec 18
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