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Taiwan premier calls for probe of floods after Super Typhoon Ragasa that killed 14
Flood from overflowing barrier lake kills 14, 129 missingTaiwan hit by outer bands of Super Typhoon RagasaRescuers rush to disaster zone in mountainous eastTaiwan's semiconductor industry not affectedBy Yimou Lee, Fabian Hamacher and Ann Wang HUALIEN, Taiwan, Sept 24 (Reuters) - Taiwan Premie...Reuters
7 minutes ago
WTI holds losses near $63.50 despite growing supply concerns
West Texas Intermediate (WTI) Oil price edges lower after registering more than 2% in the previous session, trading around $63.50 per barrel during the Asian hours on Wednesday. Crude Oil prices gained ground after the American Petroleum Institute’s (API) Weekly Statistical Bulletin (WSB) reported a
Fxstreet
22 minutes ago
COLUMN-Metallurgical coal is set to rise from the doldrums as green steel ambition fades: Russell
By Clyde Russell JIMBARAN, Indonesia, Sept 24 (Reuters) - An industry that is shutting down some production as prices hover around four-year lows and higher taxes bite doesn't sound like it should be particularly bullish.But metallurgical coal producers have reason for medium- to long-term op...Reuters
52 minutes ago
TECHNICALS-CBOT soybeans may retest support at $10.05
For more technical analyses, please click SINGAPORE, Sept 24 (Reuters) - The CBOT soybean November contract SX25 may retest support at $10.05 per bushel, as it has deeply pierced below the support at $10.11-1/4.Identified as the 100% projection level of a wave (c) from $10.52-1/2, this support serve...Reuters
an hour ago
PRECIOUS-Gold holds near record high as investors weigh Powell's remarks
Fed's Powell strikes middle path on inflation, jobsGold's medium and short-term trends support bullish outlook, analyst sayUS Personal Consumption Expenditures index data due on FridayBy Anmol Choubey Sept 24 (Reuters) - Gold held steady near record high on Wednesday as investors assessed...Reuters
an hour ago
PRESS DIGEST-British Business - September 24
Sept 24 (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- Amazon.com AMZN.O said it planned to close all of its 19 Amazon Fresh UK convenience grocery stores, p...Reuters
an hour ago
Oil extends gains as data shows US crude stockpile drop
By Laila Kearney and Jeslyn Lerh SINGAPORE, Sept 24 (Reuters) - Oil prices rose for a second day on Wednesday as an industry report showed U.S. crude inventories declined last week, adding to a sense in the market of tightening supplies. Brent futures LCOc1 rose 19 cents, or 0.3%, to $67.82 a bar...Reuters
an hour ago
BREAKINGVIEWS-US solar dumping probe is India’s Icarus moment
By Shritama Bose MUMBAI, Sept 24 (Reuters Breakingviews) - The American sun is burning Indian exporters. The United States is investigating a dumping complaint against solar firms, including Waaree Energies WAAN.NS and a unit of Adani Enterprises ADEL.NS. It could result in triple-digit tariffs o...Reuters
2 hours ago
Canadian PM expects 'constructive' trade talks with China to deepen
By Christian MartinezSept 23 (Reuters) - Canadian Prime Minister Mark Carney said he had "constructive" trade talks with Chinese Premier Li Qiang and expected the dialogue to deepen over time, as both countries seek to navigate a way out of a tariff conflict. Ties deteriorated after Canada ...Reuters
2 hours ago
WRAPUP 2-Super Typhoon Ragasa soaks Hong Kong, death toll rises in Taiwan
14 people dead in Taiwan after barrier lake overflowsRoads, beaches, hotel flooded in Hong KongHundreds of HK flights cancelled, shelters openedStorm brings hurricane-force winds, huge seas and heavy rains Ragasa expected to target China's Guangdong Province next HONG KONG, Sept 24 (Reuters) ...Reuters
2 hours ago
GRAINS-Soybeans ease to nearly 6-week low on harvest pressure, lack of China demand
Soybeans fall for five out of six sessions on China's absenceCorn prices rise, wheat firms for 2nd session on bargain-buyingBy Naveen Thukral SINGAPORE, Sept 24 (Reuters) - Chicago soybeans slid to a nearly six-week low on Wednesday, giving up some of last session's gains as the market wa...Reuters
3 hours ago
Australia's Anson signs lithium supply deal with LG Energy Solution; shares soar
By Kumar TanishkSept 24 (Reuters) - Australian miner Anson Resources ASN.AX signed an offtake deal with South Korea's LG Energy Solution 373220.KS on Wednesday for the supply of battery-grade lithium carbonate, sending its shares nearly 25% higher.Under the agreement, the South Korean battery ma...Reuters
4 hours ago
REFILE-Anson Resources, LG Energy Solution ink offtake deal for lithium supply
Sept 24 (Reuters) - Anson Resources ASN.AX signed on Wednesday an offtake agreement with South Korea's LG Energy Solution 373220.KS for the supply of battery-grade lithium carbonate from the Australian miner's Paradox Basin Lithium Project in Southern Utah.Reuters
4 hours ago
PRECIOUS-Gold steady near record high as markets assess Powell's comment
Sept 24 (Reuters) - Gold held steady near a record high on Wednesday as investors assessed U.S. Federal Reserve Chair Jerome Powell's cautious comments on interest rate cuts while awaiting a key inflation report due later in the week for further policy cues.FUNDAMENTALS* Spot gold XAU= held its ...Reuters
4 hours ago
Oil rises as US crude stockpile drop adds to sense of tighter supply
By Laila Kearney Sept 24 (Reuters) - Oil prices rose for a second day on Wednesday as an industry report showed U.S. crude inventories declined last week, adding to a sense in the market of tightening supplies. Brent futures LCOc1 rose 27 cents to $67.90 a barrel by 0005 GMT. U.S. West Texas Inte...Reuters
5 hours ago
TECHNICALS-Commodities intraday targets/key levels
For more technical analyses, click SINGAPORE, Sept 24 (Reuters) - Contract Target Support/Resistance Brent oil (1st month)$68.72sup $67.66/$67.34/$67.01Palm oil (3rd month)4,401 ringgitsup 4,309/4,274 ringgitWTI* (1st month)$63.86/$64.33sup $63.47/$63.09/$62.61Spot gold$3,772sup $3,739/$...Reuters
5 hours ago
