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Mitsubishi Motors CFO Matsuoka: Left Full-Year Earnings Forecast Unchanged As Tariff Deal Was Reached Just Before Earnings Announcement
July 24 (Reuters) - Mitsubishi Motors Corp 7211.T: MITSUBISHI MOTORS: SALES COMPETITION INTENSIFYING AS AUTOMAKERS ARE TRYING TO COMPENSATE SLOWDOWN IN SALES IN U.S. WITH SALES EXPANSION IN OTHER COUNTRIESMITSUBISHI MOTORS: A LARGE AMOUNT OF TARIFF PAYMENT INCURRED IN APRIL-JUNE QUARTER DUE TO ADDI...Reuters
Thu, Jul 24
ASIA COFFEE-Vietnam domestic prices edge up, Indonesian supplies tight
By Khanh Vu, Mas, Alina and Arifin HANOI, July 24 (Reuters) - Domestic coffee prices in Vietnam on Thursday rose slightly from a week ago, with farmers there and in Indonesia hesitant to sell their beans as they wait for prices to rise further.Farmers in the Central Highlands, Vietnam's large...Reuters
Thu, Jul 24
METALS-Copper edges up amid US trade optimism; copper tariff details awaited
By Hongmei Li SINGAPORE, July 24 (Reuters) - Copper prices edged up on Thursday on growing optimism over progress in U.S. trade talks, although uncertainty around copper import tariffs kept traders cautious. Three-month copper on the London Metal Exchange CMCU3 inched up 0.14% to $9,944 a ton by ...Reuters
Thu, Jul 24
PRESS DIGEST- New York Times business news - July 24
July 24 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.- President Donald Trump's new trade deal with Japan sets a 15% tariff on Japanese car imports, giving them a competitive edge ...Reuters
Thu, Jul 24
China's soy, rapeseed meal futures drop after government pledges hog capacity control
By Ella Cao and Lewis Jackson BEIJING, July 24 (Reuters) - China's soybean meal futures fell on Thursday, snapping a five-day rally after authorities pledged to rein in hog production and reduce soymeal use in animal feed to stabilise hog prices.The most-active soybean meal contract on the Da...Reuters
Thu, Jul 24
PRECIOUS-Gold slips as easing trade tensions offset support from soft dollar
ECB rate decision due later in the dayRisk sentiment lifted by progress in trade talksDollar at more than two-week lowTrump to visit Fed on ThursdayBy Brijesh Patel July 24 (Reuters) - Gold prices extended losses on Thursday, as easing trade tensions dampened demand for safe-haven assets, oversha...Reuters
Thu, Jul 24
GRAINS-Wheat recoups some losses but ample supply caps gains
CANBERRA, July 24 (Reuters) - Chicago wheat futures on Thursday clawed back some of their losses from a day before, but expectations of plentiful global supply limited the recovery and held prices near recent lows. Corn futures rose slightly, but forecasts for crop-friendly rain in U.S. grain belts ...Reuters
Thu, Jul 24
Anglo American's copper, diamond production falls in first half
LONDON, July 24 (Reuters) - Global miner Anglo American AAL.L on Thursday reported a 13% fall in copper production in the first half of the year to 342,200 metric tons, and a 26% fall in rough diamonds, as demand remains sluggish.The London-listed miner still expects to mine 690,000-750,000 tons of ...Reuters
Thu, Jul 24
Kazakhstan says it has not stopped oil loadings from Russian ports - Ifx
MOSCOW, July 24 (Reuters) - Kazakhstan's energy ministry said on Thursday that the country has not halted oil loadings via the Russian sea ports, Interfax news agency reported.Two industry sources said on Wednesday that foreign tankers were being temporarily barred from loading at Russia's m...Reuters
Thu, Jul 24
TECHNICALS-CBOT soybeans may test support at $10.21
For more technical analyses, please click SINGAPORE, July 24 (Reuters) - The CBOT soybean November contract SX25 may test support at $10.21 per bushel, a break below which could open the way towards $10.12-1/4.A wave c from $10.35-1/4 is expected to extend into a wide range of $10.12-1/4 to $10.21, ...Reuters
Thu, Jul 24
Crude Oil price today: WTI price bearish at European opening
West Texas Intermediate (WTI) Oil price falls on Thursday, early in the European session. WTI trades at $65.24 per barrel, down from Wednesday’s close at $65.28.Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $68.02 after its previous daily close at $68.06.Fxstreet
Thu, Jul 24
Canada's Teck Resources beats profit estimates for second quarter
July 24 (Reuters) - Canadian miner Teck Resources TECKb.TO beat second-quarter profit estimates on Thursday, helped by improved profitability at its Trail operations.Teck's Trail operations, located in British Columbia, is one of the world's largest fully integrated zinc and lead smelting an...Reuters
Thu, Jul 24
COLUMN-Converging Exxon and Chevron operations could spur next mega-merger: Bousso
Recent deals create overlap in Exxon, Chevron operationsGrowing volatility in energy transition to increase incentive to consolidateExxon and Chevron share large oil and gas operations in U.S. and Guyana, Kazakhstan and moreBy Ron Bousso LONDON, July 24 (Reuters) - Exxon Mobil and Chevron's r...Reuters
Thu, Jul 24
Teck Resources Reports Quarterly Adjusted EBITDA Of CAD 722 Million
July 24 (Reuters) - Teck Resources Ltd TECKb.TO:TECK RESOURCES Q2 ADJUSTED EBITDA CAD 722 MILLIONTECK RESOURCES Q2 REVENUE CAD 2,023 MILLIONTECK RESOURCES LTD: 2026 ANNUAL PRODUCTION GUIDANCE FOR QB REMAINS UNCHANGEDTECK RESOURCES LTD: 2025 ANNUAL COPPER PRODUCTION GUIDANCE FOR QB HAS BEEN REVISED T...Reuters
Thu, Jul 24
Australia relaxes curbs on US beef imports that angered Trump
Curbs lifted after extensive risk review Australia satisfied with US biosecurity measuresTrump singled out trade disparity with Australian beefUS beef exports unlikely to grow, analysts sayBy Peter Hobson and Renju Jose CANBERRA/SYDNEY, July 24 (Reuters) - Australia will ease restrictions on beef...Reuters
Thu, Jul 24
Canada's Teck Resources beats quarterly profit estimates
July 24 (Reuters) - Canadian miner Teck Resources TECKb.TO beat second-quarter profit estimates on Thursday, helped by improved profitability at its Trail Operations. The company reported an adjusted profit of 38 Canadian cents per share for the quarter ended June 30, compared with analysts' ave...Reuters
Thu, Jul 24
South Korea seeks to leverage Trump's focus on shipbuilding in tariff talks
South Korea seeks tariff advantages via shipbuilding partnershipTrump prioritises U.S. shipbuilding amid China's naval growthSouth Korean firms face challenges in U.S. shipbuilding expansionTrump's interest in Korean shipbuilding goes back decades after he visited shipyard in 1998By Ju-min P...Reuters
Thu, Jul 24
Philippines says U.S. will still pay tariffs on rice, corn and other farm products
MANILA, July 24 (Reuters) - The Philippines has not removed tariffs on imports from the United States of corn, rice, sugar, fish, pork, and chicken, a senior economic and trade adviser to President Ferdinand Marcos Jr. said on Thursday. Frederick Go, Special Assistant to the President for Invest...Reuters
Thu, Jul 24
