Latest news

Oil & Gas
Dec 27, 2024

TotalEnergies to Keep DeepSea Mira Rig in West Africa

TotalEnergies has exercised an option as part of the contract with Northern Ocean for its DeepSea Mira semi-submersible rig, extending its stay in West Africa for up...

United Kingdom
Dec 27, 2024

Base metals mixed, copper supported by tight supply

Base metal costs were mixed on Friday, moving within tight ranges with the strong dollar limiting gains, although copper found support from supply tightness in copper concentrate....

China
Dec 26, 2024

Iron ore heads for second weekly fall on failing China need

Iron ore futures slipped on Friday and were poised for a 2nd straight weekly decline, weighed down by faltering need in leading consumer China, although preholiday restocking...

United States
Dec 26, 2024

Gold set for weekly rise; eyes on Fed, Trump's 2025 policies

Gold edged lower in light trading on Friday and was poised for a weekly gain, as financiers awaited hints on the U.S. economy to expect the Federal...

United Kingdom
Dec 26, 2024

Base metals mixed, copper supported by tight supply

Base metal costs were mixed on Friday, moving within tight ranges with the strong dollar limiting gains, although copper discovered support from supply tightness in copper concentrate....

United States
Dec 26, 2024

Oil costs set for weekly gain on China stimulus optimism

Oil costs were bit changed on Friday however were set for a. weekly increase amid optimism economic stimulus efforts will prompt. a recovery in China, the world's...

Brazil
Dec 26, 2024

Brazil says employees at BYD building site victims of human trafficking

Chinese workers found at a building site for a factory owned by China's electric automobile manufacturer BYD in Brazil's Bahia state are victims of human trafficking, Brazilian...

China
Dec 26, 2024

Asian stocks drift, yen at 5-month low in thin year-end trading

Asian stocks wobbled on Friday while the dollar was constant, keeping the yen rooted near fivemonth lows in thin yearend trading as financiers looked ahead to 2025,...

South Asia
Dec 26, 2024

BPCL plans $11 bln refinery proj in South India

India's Bharat Petroleum Corp plans to invest $11 billion in southern Andhra Pradesh state for a brand-new refinery and petrochemical job to fulfill rising fuel demand on...

Brazil
Dec 26, 2024

Brazil court suspends law cutting tax breaks for firms with logging soy commitment

A justice on Brazil's top court on Thursday suspended a law from the nation's leading soyproducing state that would end tax breaks for firms following an agreement...

Australia
Dec 26, 2024

Australia shares increase; criteria on course for weekly gain

Australian shares increased on Friday, set to log weekly gains with sentiments improving after minutes from the central bank December meeting showed that it is well on...

United States
Dec 26, 2024

New york city to fine fossil fuel companies $75 billion under new climate law

New york city state will fine nonrenewable fuel source companies a total of $75 billion over the next 25 years to spend for damage triggered to the...

Crude Oil
Dec 26, 2024

United States stocks tread water in thin trade, benchmark United States yield ekes out brand-new high

Wall Street indexes were blended on Thursday and U.S. benchmark Treasury yields were barely altered on the day after scaling the greatest levels because May in light,...

India
Dec 26, 2024

US Ex-Im bank approves $526 mln gas-to-energy loan to Guyana

The U.S. ExportImport Bank approved a $526 million loan to Guyana for an energy project developed to double the South American nation's set up electric capacity and...

India
Dec 26, 2024

BPCL plans $11 bln refinery proj in South India

India's Bharat Petroleum Corp plans to invest $11 billion in southern Andhra Pradesh state for a new refinery and petrochemical project to fulfill increasing fuel need in...

Peru
Dec 26, 2024

Peru declares ecological emergency situation after oil spill

Peru's government on Thursday stated an ecological emergency situation in a northern coastal area, where state oil company Petroperu last weekend spilled a crude oil delivery into...

Energy Markets
Dec 26, 2024

US stocks dip as \Santa Claus rally\ stalls, 10-year Treasury yields touch 8-month high

Wall Street stocks headed lower on Thursday and U.S. benchmark Treasury yields scaled the greatest level since April in light, postChristmas trading. The modest but broad-based sell-off...

India
Dec 26, 2024

India sets six-month import cap on essential steelmaking ingredient satisfied coke

India will enforce limitations on the import of low-ash metallurgical coke, a crucial steelmaking ingredient, for six months starting January 1, 2025, a federal government order stated...

Japan
Dec 26, 2024

Nippon Steel presses deadline to close U.S. Steel offer as Biden decision looms

Japan's Nippon Steel stated on Thursday it has actually extended the closing date for its $14.9. billion purchase of U.S. Steel as U.S. President Joe Biden. weighs...

South Asia
Dec 26, 2024

Indian economy to grow at around 6.5% in FY25, federal government says

India is anticipated to grow at around 6.5% in the fiscal year 2024/25, closer to the lowerend of its 6.5% 7% forecast, as international unpredictabilities present a...

United States
Dec 26, 2024

Gold companies in holiday-thinned trade, spotlight on Fed and Trump policies

Gold costs increased on Thursday in holidaythinned trade, while markets wait for clues on the Federal Reserve's 2025 rate strategy and tariff policies from the incoming Trump...

China
Dec 26, 2024

Japan Jan-March crude steel output forecast to fall 2.4% Y/Y - METI

Japan's unrefined steel output is expected to fall 2.4% in the first 3 months of 2025 due to sluggish need from the manufacturing and building and construction...

China
Dec 26, 2024

Iron ore reverses to losses as compromising China steel usage drags

Iron ore futures rates fell on Thursday, reversing from earlier gains, with weakening downstream steel intake moistening belief and financiers starving for ideas on information about awaited...

Australia
Dec 26, 2024

Dollar stays resistant, Asia shares wobble

Asia shares relieved in holidaythinned trade on Thursday, paring some of their gains from earlier in the week, while the dollar rose together with U.S. Treasury yields....

United States
Dec 26, 2024

Russia says it prevents Ukrainian plots to eliminate high-ranking officers and their families

Russia's Federal Security Service (FSB) said on Thursday that it had foiled several plots by Ukrainian intelligence services to eliminate highranking Russian officers and their families in...

United States
Dec 26, 2024

Oil prices edge greater on expect more China stimulus

Oil rates edged higher on Thursday in thin vacation trading, driven by hopes for extra fiscal stimulus in China, the world's most significant oil importer, while an...

India
Dec 26, 2024

China to construct world's biggest hydropower dam in Tibet

China has actually authorized the building and construction of what will be the world's largest hydropower dam, kicking off an ambitious task on the eastern rim of...

Chile
Dec 26, 2024

China smelter group consents to reduce Q1 copper charges

China's top copper smelters accepted rate assistance for processing charges in the very first quarter of 2025 that was lower than the existing quarter, industry sources stated...

China
Dec 26, 2024

Shanghai metals combined, strong dollar caps gains

Base metal rates on the Shanghai Futures Exchange (SHFE). were blended on Thursday as favorable macroeconomic news from China. provided some assistance, but a strong dollar index...

United States
Dec 25, 2024

Gold gains on weak dollar, geopolitical turmoil; Fed, Trump's 2025 policies in focus

Gold gained on Thursday in light vacation trading, enhanced by minor weak point in U.S. dollar and geopolitical tensions, as investors considered Federal Reserve's 2025 rate method...

South Asia
Dec 25, 2024

Indian shares set to open little bit changed

Indian shares are set to open little changed on Thursday, with analysts anticipating incremental moves in benchmark indexes due to a lack of major triggers and thin...

China
Dec 25, 2024

Dollar remains durable, Asia shares get joyful lift

Asia shares rose slightly in holidaythinned trade on Thursday, extending gains from earlier in the week with little news or information in the way to change their...

China
Dec 25, 2024

Many Shanghai metals edge up, however strong dollar caps gains

Many base metals on the Shanghai Futures Exchange (SHFE) acquired on Thursday, buoyed by favorable macroeconomic news from China. However, a strong dollar index restricted the increase....

United Kingdom
Dec 25, 2024

Oil rates edge greater on hopes for more China stimulus

Oil rates edged higher on Thursday in thin holiday trading, driven by hopes for additional financial stimulus in China, the world's greatest oil importer, while an anticipated...

Africa
Dec 25, 2024

Mozambique authorities leader states 33 dead, 1,500 got away in Maputo prison riot

A prison riot in Mozambique's. capital Maputo left 33 people dead and 15 hurt, the country's. authorities general commander Bernardino Rafael stated on Wednesday. About 1,534 individuals...

Africa
Dec 25, 2024

Libya's eastern-based federal government accepts proposal to end fuel subsidies

Libya's easternbased federal government said in a statement on Wednesday that it had agreed on a proposal to end fuel subsidies and would prepare a. system to...

Pakistan
Dec 25, 2024

Pakistani airstrikes on Afghanistan kill 46 individuals, Taliban official states

Bombardment by Pakistani military airplane in Afghanistan's eastern Paktika province on Tuesday eliminated at least 46 individuals, the majority of whom were kids and women, the Afghan...

South America
Dec 25, 2024

Suriname ex-President Desi Bouterse dead at 79, foreign minister states

Suriname's fugitive previous President Desi Bouterse has passed away aged 79, the country's. federal government said on Wednesday, practically a year after he left. authorities to prevent...

South America
Dec 25, 2024

Suriname ex-President Desi Bouterse dead at 79, foreign minister states

Suriname's fugitive exPresident Desi Bouterse has died aged 79, the country's. government said on Wednesday, almost a year after he ran away. authorities to avoid prison following...

China
Dec 25, 2024

Congo releases the majority of Chinese males held for unlawful mining

Democratic Republic of Congo has released 14 of the 17 Chinese guys jailed on suspicion of running an unlawful gold mine in the nation, authorities said late...

Japan
Dec 25, 2024

KKR and Bain each quote more than $5 bln for Seven & i possessions, sources state

Personal equity companies KKR and Bain Capital each offered more than $5 billion in firstround bids for the noncore properties of Japan's 7 & & i. Holdings,...

Japan
Dec 25, 2024

Nippon Steel's US Steel takeover plan has assistance in steelmaking locations, executive says

Japan's Nippon Steel is seeing support for its proposition to get U.S. Steel in the regions of the United States where steel mills are located, Nippon Steel's...

Ukraine
Dec 25, 2024

Russia attacks Ukraine energy system in major rocket strike, Kyiv states

Russia assaulted Ukraine's. energy system and cities in its eastern region with cruise and. ballistic rockets on Wednesday morning, Ukraine's energy. minister and local officials said. At...

Wind Farms
Dec 25, 2024

BP and Partners Secure Rights for 450MW Offshore Wind Farm in Japan

BP and its consortium partners have been selected to develop a 450 MW offshore wind farm in Japan.Aside from BP, the consortium partners include Tokyo Gas, Marubeni...

China
Dec 25, 2024

Toyota worldwide production down for 10th month regardless of increasing sales

Toyota Motor's global production decreased for a 10th straight month in November, the Japanese carmaker said on Wednesday, although its around the world sales grew for the...

United Kingdom
Dec 25, 2024

SHFE base metals increase on positive domestic financial news

Most base metals on the Shanghai Futures Exchange (SHFE) edged up on Wednesday, buoyed by positive macroeconomic news from the Chinese federal government. China plans to enhance...

Japan
Dec 25, 2024

KKR, Bain quotes varied from $4.8 bln to $7.6 bln for 7 & i properties, sources state

Personal equity firms including KKR and Bain Capital offered from around 750 billion yen ($ 4.8 billion) to around 1.2 trillion yen ($ 7.6 billion) in a....

China
Dec 24, 2024

Dalian iron ore rangebound in thin trade, caution on China stimulus

Dalian iron ore futures consolidated in a tight variety on Wednesday, as emerging hopes of more stimulus from leading customer China reinforced belief while thin trade because...

United Kingdom
Dec 24, 2024

SHFE base metals increase on positive domestic financial news

Most base metals on the Shanghai Futures Exchange (SHFE) edged up on Wednesday, buoyed by positive macroeconomic news from the Chinese federal government. China plans to increase...

China
Dec 24, 2024

China, Japan foreign ministers satisfy in Beijing, seafood trade on agenda

Talks on seafood trade are anticipated to be on the agenda on Wednesday when Japan's. foreign minister gos to China, Japan's largest export market for. aquatic items...