News
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Japan's Itochu posts record 9-month profit on consumer business strength
TOKYO, Feb 6 (Reuters) - Japan's Itochu 8001.T on Friday posted a 4% rise in nine-month net profit through December 31 to 705.3 billion yen ($4.5 billion), a record for the period, boosted by strong consumer businesses, including food, textile and its convenience-store chain. Profit at the tradi...Reuters
Fri, Feb 6
PRECIOUS-Gold, silver rise as stock selloff lifts safe-haven demand; CME hikes margins again
Silver up nearly 2% after falling 10% in early Asian tradeSilver headed for second straight weekly loss, down 15%CME raises margins for gold, silver on ThursdayBy Ishaan Arora Feb 6 (Reuters) - Gold and silver prices climbed on Friday as a rout in global stocks lifted demand for safe havens, ...Reuters
Fri, Feb 6
Supply chain chaos becomes aviation's 'new norm' as demand hits records
Record passenger demand, geopolitical challenges have exacerbated recoveryShortages are driving up costs for airlines, keeping older planes flying longerLead times for parts remain longer than pre-pandemic levelsBy Jun Yuan Yong and Julie Zhu SINGAPORE, Feb 6 (Reuters) - Years after the pandemi...Reuters
Fri, Feb 6
Germany's PNE loses bid for Vietnam wind project, in new blow to foreign investors
Newly created Vingroup subsidiary wins major wind project PNE had invested millions of dollars, was asked for unexpected financial guarantees, sources sayVietnam seeks to boost national champions in new growth modelBy Francesco Guarascio HANOI, Feb 6 (Reuters) - Vietnam's authorities selected...Reuters
Fri, Feb 6
Global electricity demand surge forecast by IEA
PARIS, Feb 6 (Reuters) - Global electricity demand growth is expected to ramp up by more than 3.5% per year on average over the rest of the decade while renewable energy and nuclear power are expected to make up nearly half of all power production, the International Energy Agency said in a report on...Reuters
Fri, Feb 6
TECHNICALS-CBOT corn may retrace toward $4.28-1/2 to $4.30-1/2 range
SINGAPORE, Feb 6 (Reuters) - CBOT March corn CH26 may retrace toward a support zone of $4.28-1/2 to $4.30-1/2 per bushel, as it failed to break a resistance at $4.33-3/4.The contract seems to have been riding on a wave c from $4.25-1/4. A projection analysis reveals the key resistance of $4.33-3/4, ...Reuters
Fri, Feb 6
EXCLUSIVE-Japan's Mitsui close to stake in Qatar LNG project, sources say
Qatar Energy in talks with Mitsui for North Field South stake, sources sayJapan seeks to diversify energy sources amid rising power demandMitsui, Tohoku, Kyushu interested in Qatar LNG supply via JERA, sources sayBy Yuka Obayashi, Marwa Rashad and Emily Chow TOKYO/LONDON/DOHA, Feb 6 (Reuters) - J...Reuters
Fri, Feb 6
METALS-Copper heads for weekly fall on rising stocks, stronger dollar
Feb 6 (Reuters) - Copper is set to end a volatile week lower on Friday, as rising inventories and a stronger U.S. dollar pressured the market.The most-traded copper on the Shanghai Futures Exchange SCFcv1 closed daytime trading down 2.34% to 100,100 yuan ($14,424.88) a metric ton. The Shanghai copp...Reuters
Fri, Feb 6
TECHNICALS-CBOT soybeans to test support at $10.99-1/2
For more technical analyses, please click SINGAPORE, Feb 6 (Reuters) - The CBOT soybean March contract SH26 is expected to test a support at $10.99-1/2 per bushel, a break below which could trigger a fall into $10.88-1/4 to $10.93 range.The contract failed to break a resistance at $11.10-3/4. Consid...Reuters
Fri, Feb 6
INSIGHT-WANTED: Volunteers to host nuclear waste, forever
U.S. wants campuses to host nuclear facilities and data centersAsks states to volunteer, permanent waste disposal a must-have No deep geological waste facility yet in operation worldwideBy Sarah McFarlane, Timothy Gardner and Susanna Twidale LONDON/WASHINGTON, Feb 6 (Reuters) - The Trump administ...Reuters
Fri, Feb 6
Orsted Q4 core profit slightly lags forecast
COPENHAGEN, Feb 6 (Reuters) - Danish wind farm group Orsted ORSTED.CO reported on Friday a fourth-quarter profit before depreciation, amortisation, new partnerships and cancellation fees slightly below expectations and said it expected core profit for 2026 above 28 billion Danish crowns ($4.42 billi...Reuters
Fri, Feb 6
South Africa takes step towards trade deal with China
JOHANNESBURG, Feb 6 (Reuters) - South Africa said on Friday that its trade minister had signed a framework economic partnership agreement on a visit to China, which it described as a step towards securing duty-free access to the Chinese market for South African exports.Africa's biggest economy i...Reuters
Fri, Feb 6
PRECIOUS-Gold, silver gain in volatile trade; CME hikes margins again
Silver up nearly 4% after falling 10% in early Asia tradeSilver headed for second straight weekly loss, down 13%Spot gold set for weekly gain, up 0.3%By Ishaan Arora Feb 6 (Reuters) - Gold rose, and silver was gripped by volatility on Friday amid a rout in global stocks, while U.S. exchange opera...Reuters
Fri, Feb 6
TABLE-North Sea gas maintenance schedule: Adds Hatfield outage
Feb 6 (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.OPERATORLOCATIONOUTAGE...Reuters
Fri, Feb 6
ROI-China tightens clean tech grip with growing EV export reach: Maguire
By Gavin Maguire LITTLETON, Colorado, Feb 6 (Reuters) - China's unmatched status as the global leader in clean energy technologies is perhaps best underscored by the massive reach of its EV exports, which hit nearly $70 billion in 2025 and spanned well over 150 countries and territories. The ...Reuters
Fri, Feb 6
Canada rolls back EV regulations but boosts incentives
Canada to introduce stronger emissions standards for 2027-2032Eyeing new Chinese JV investment in CanadaCarney says move avoids burdens on Canadian auto industryEnvironmental group calls new EV strategy a setbackBy David Ljunggren and David Shepardson OTTAWA/WASHINGTON, Feb 5 (Reuters) - Canadian...Reuters
Fri, Feb 6
Germany's PNE loses bid for Vietnam wind project, in new blow to foreign investors
Newly created subsidiary of Vingroup wins bid for major wind project PNE had invested millions of dollars, was asked unexpected financial guarantees, sources sayVietnam seeks to boost national champions in new growth modelBy Francesco Guarascio HANOI, Feb 6 (Reuters) - Vietnam's authorities s...Reuters
Fri, Feb 6
