News
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Japan’s Mitsui OSK eyes shipbuilding partnerships in India
By Jeslyn Lerh SINGAPORE, Sept 9 (Reuters) - Japan's second-largest shipping company Mitsui O.S.K. Lines 9104.T wants to tie up with Indian companies to build tankers in India, aiding the South Asian nation's effort to boost local manufacturing, its chief executive, Takeshi Hashimoto said...Reuters
9 minutes ago
Oil rises on modest OPEC+ output hike decision, Russia supply woe
By Anjana Anil and Sam Li Sept 9 (Reuters) - Oil prices gained on Tuesday after OPEC+ decided to increase production by less than what market participants had anticipated, while concerns over tighter supply due to potential new sanctions on Russia continued to lend support.Brent crude LCOc1 gaine...Reuters
56 minutes ago
Taiwan's offshore wind projects to move to deeper waters, requiring more state support
Number of prospective shallow-water projects in declineTechnical challenges of deep waters would increase funding needPolicy change to quicken growth creates investment uncertaintyBy Sudarshan Varadhan and Ben Blanchard SINGAPORE/TAIPEI, Sept 9 (Reuters) - Taiwan's bid to propel its billowing...Reuters
an hour ago
GRAINS-Chicago soybeans falls on lack of China buying; crop estimate report eyed
BEIJING, Sept 9 (Reuters) - Chicago soybeans slipped on Tuesday as traders squared positions ahead of a key crop estimate report, while an absence of demand from top buyer China continued to weigh.The most active soybean contract on the Chicago Board of Trade (CBOT) Sv1 lost 0.1% to $10.32-6/8 per b...Reuters
an hour ago
REFILE-PRESS DIGEST-British Business - September 9
Sept 9 (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- Franco-Italian carmaker Stellantis STLAM.MI will no longer pursue a target of producing only electric vehicle...Reuters
2 hours ago
METALS-Copper prices advance on soft dollar, tight inventories
By Lucas Liew Sept 9 (Reuters) - Copper prices climbed across major exchanges on Tuesday, supported by a weaker dollar and tighter inventories globally.Three-month copper on the London Metal Exchange CMCU3 was up 0.33% at $9,948 per metric ton, as of 0228 GMT, while the most-traded copper contra...Reuters
2 hours ago
EU envoy in Washington for talks on Russia sanctions, Commission says
BRUSSELS, Sept 8 (Reuters) - The European Union's sanctions envoy David O'Sullivan was in Washington with a team of experts to discuss further sanctions against Russia with U.S. counterparts, the European Commission said on Monday.On Sunday, U.S. President Donald Trump said he was ready to m...Reuters
3 hours ago
TECHNICALS-Commodities intraday targets/key levels
For more technical analyses, click SINGAPORE, Sept 9 (Reuters) - Contract Target Support/Resistance Brent oil (1st mth)$66.79/$67.33sup $65.73/$65.07Palm oil (3rd mth)4,506/4,530 ringgitsup 4,468/4,444/$4,427 ringgitWTI* (1st mth)$62.68/$63.27sup $62.09/$61.73/$61.50Spot gold$3,660/$3,67...Reuters
3 hours ago
GRAINS-Chicago soybeans rise; corn, wheat ease ahead of key reports
BEIJING, Sept 9 (Reuters) - Chicago soybeans extended gains into a second session on Tuesday, supported by lower U.S. crop ratings and a weaker dollar, although a lack of demand from top buyer China continued to weigh on sentiment.Wheat and corn eased as traders positioned ahead of a key U.S. supply...Reuters
4 hours ago
Anglo American nears deal to acquire Teck Resources for $20 billion, FT reports
Sept 8 (Reuters) - Anglo American AAL.L is nearing a deal to acquire Canadian miner Teck Resources TECKb.TO that could value it at about $20 billion, Financial Times reported on Monday, citing people familiar with the matter.The London-listed global miner is considering paying mostly in stock, with ...Reuters
4 hours ago
Oil rises on modest OPEC+ output hike decision, Russia supply woe
By Anjana Anil Sept 9 (Reuters) - Oil prices gained on Tuesday after OPEC+ decided to increase production by less than what market participants had anticipated, while concerns over tighter supply due to potential new sanctions on Russia continued to lend support.Brent crude LCOc1 gained 22 cents,...Reuters
4 hours ago
RPT-EXCLUSIVE-Japan hires Wood Mackenzie to assess Trump-backed Alaska LNG project, sources say
Concerns in Tokyo over cost, logistics of long-sought projectDevelopers in talks with five Japanese firms, source says Japan-US trade deal text references Alaska LNG, pipelinesBy John Geddie and Tim Kelly TOKYO, Sept 8 (Reuters) - Japan has hired energy consultancy Wood Mackenzie to assess a prop...Reuters
4 hours ago
Discord operational after major outage in US
Sept 8 (Reuters) - Social platform Discord said its service has been restored for after a major outage in the U.S. earlier on Monday. The company's status page said that all systems were operational after it was down for over a hundred thousand users.The outage eased to about 1,300 users reporti...Reuters
5 hours ago
TotalEnergies says Argentine gas must stay under $10/mmBtu to compete in Brazil
BUENOS AIRES, Sept 8 (Reuters) - TotalEnergies said Argentine natural gas must reach Brazil at a cost below $10 per million British thermal units (mmBtu) to remain competitive, Sergio Mengoni, the company's Argentina country chair, said on Monday.WHY IT'S IMPORTANTArgentina's Vaca Muerta...Reuters
5 hours ago
LIVESTOCK-Live cattle futures fall on lower cutout values
CHICAGO, Sept 8 (Reuters) - Chicago Mercantile Exchange live cattle futures fell for a fifth successive session on Monday as lower cutout values anchored prices, analysts said. Still, losses were limited by ongoing historically tight cattle supplies, analysts said. "You're seeing the cutout ...Reuters
6 hours ago
