Latest news

China
Jun 4, 2025

Copper prices are on the rise; trade developments to be considered

Copper prices edged higher on Wednesday, helped by stronger-than-expected U.S. jobs data, even as investors stayed cautious amid ongoing trade negotiations. The London Metal Exchange reported that...

France
Jun 4, 2025

Czech court approves $18 billion nuclear power plant contract with KHNP

The Czech Court has lifted an injunction that prevented a state-controlled firm and South Korea's KHNP signing a $18 billion contract for building two new nuclear reactors....

Energy Markets
Jun 4, 2025

The rising supply of wind power has an impact on the spot price

The European spot electricity prices for Thursday dropped on Wednesday as the wind supply in Germany and France was expected to increase. German baseload for the day...

United States
Jun 4, 2025

Gold prices rise on weaker dollar and US-China trade tensions

Gold prices rose on Wednesday, as a weaker US dollar and simmering tensions between the United States of America and China boosted demand for the metal. As...

Germany
Jun 4, 2025

Association: Some European auto suppliers have closed down following China's restrictions on rare earths

CLEPA, the European association of auto suppliers, said that several European auto supplier factories and production lines were shut down because of a shortage in rare earths...

China
Jun 4, 2025

Iron ore gains on short covering, but seasonal slowdown in demand limits gains

Iron ore futures prices rose on Wednesday as investors closed short positions in order to realize profits. However, the seasonal slowdown of demand limited gains. After hitting...

United Kingdom
Jun 4, 2025

London copper little changed, US tariff concerns persist

London copper prices were largely unchanged Wednesday due to uncertainty surrounding U.S. duties on the metal. The London Metal Exchange's three-month copper fell by $2.5 per ton,...

Oman
Jun 4, 2025

Gulf stocks mix as new tariffs come into effect and oil prices fall

The Gulf stock markets were mixed on Wednesday morning, as U.S. President Donald Trump imposed duties on steel, aluminium, and other metals. This is the latest chapter...

China
Jun 4, 2025

Snapshot of China’s crucial mineral export controls

Global automakers Sounding the Alarm The world is facing a shortage of rare-earth magnets due to China's restrictions. These materials are vital for automotive, defence and clean-energy...

India
Jun 4, 2025

Sources say that India's Finance Ministry wants to lower energy prices in order to offer green steel incentives.

Two sources with knowledge of the matter say that New Delhi wants to control its inflation and expenditure, so it is looking for a softening in green...

Iran
Jun 4, 2025

Iran's Khamenei refuses US nuclear demands, vows to continue enriching uranium

Ayatollah Ayatollah Khamenei, Iran's supreme leader, said that Tehran would not abandon its uranium-enrichment program, and rejected a U.S. request aimed at ending a decades long nuclear...

China
Jun 4, 2025

Xi praises Belarus, which is under sanctions, as China's true ally

Xi Jinping, Chinese president, praised Belarus for being a true Chinese friend when he met Alexander Lukashenko on Wednesday, the leader the sanctions-hit European country. He also...

United States
Jun 4, 2025

Austria's Voestalpine predicts small profit increase, dented due to tariffs

Voestalpine, an Austrian specialty steelmaker, forecasted a modest increase in its core earnings for the year on Wednesday. It attributed this to a direct impact from U.S....

United States
Jun 4, 2025

As trade uncertainty persists, Asian stocks are rising and the dollar is fluctuating.

The dollar weakened as U.S. tariffs on steel and aluminum increased, and Asian stocks rose. This marks the latest chapter of the trade war which has roiled...

India
Jun 4, 2025

Palm oil prices fall due to a projected buildup of stocks and weaker rival oils

Malaysian palm futures fell on Wednesday, as the market anticipated that stocks would rise for a third consecutive month in the month of May. They were also...

Canada
Jun 4, 2025

Top sources of U.S. imports of steel and aluminum

On Wednesday, the U.S. tariffs on steel and aluminum imports doubled as President Donald Trump intensified a global trade conflict. Here is a list of major trading...

United States
Jun 4, 2025

Wall Street Journal, June 4,

These are the most popular stories from the Wall Street Journal. These stories have not been verified and we cannot vouch their accuracy. The Chinese government's stranglehold...

Japan
Jun 4, 2025

Dutch car-sharing firm adds Renault electric vehicles capable of powering the local grid

This week, MyWheels, a Dutch car-sharing company will add the first 500 Renault EVs that are grid-connected to its fleet. The technology is gaining traction in Europe...

United Arab Emirates
Jun 4, 2025

PMI data shows that the growth of non-oil businesses in the UAE slowed down in May.

A survey released on Wednesday showed that growth in the UAE’s non-oil sector has slowed down to its lowest pace in almost four years. Demand remained high...

Japan
Jun 4, 2025

Scientists in Japan have developed plastic that dissolves within hours in seawater

Researchers in Japan developed a plastic which dissolves in the seawater in just a few hours. This could be a solution to a problem that is destroying...

United States
Jun 4, 2025

Oil prices fall on rising OPEC+ production, despite Canadian concerns

The oil prices fell in Asian trade Wednesday due to concerns about rising OPEC+ production and the threat of tariff tensions that could threaten global economic prospects....

China
Jun 4, 2025

Iron ore gains on short covering, but seasonal slowdown in demand limits gains

Iron ore futures prices rose on Wednesday as investors closed short positions in order to realize profits. However, the seasonal slowdown of demand limited gains. As of...

Wind Farms
Jun 4, 2025

Denmark Grants First Offshore Wind Farm Lifespan Extension Permit

The Danish Energy Agency has approved a 10-year extension of the electricity production license for the 23 MW Samsø offshore wind farm.This marks the first time in...

Indonesia
Jun 4, 2025

Indonesian nickel miners working to launch local metals exchange in 2026

The secretary general of the Indonesian Nickel Miners Association said that they are preparing to launch a domestic metal exchange in 2026 for futures contracts on nickel...

United States
Jun 4, 2025

CORRECTED: Global alarms are raised as China's crucial mineral export restrictions take hold

On Tuesday, global automakers complained about China's stranglehold over critical minerals. They joined their U.S. peers in claiming that China's restrictions on the export of rare earth...

United States
Jun 4, 2025

Gold prices rise amid US-China trade tensions and a weaker dollar

Gold prices rose Wednesday, as concerns about global economic conditions and uncertainty regarding U.S. China trade relations boosted demand for safe-haven assets. A weaker dollar also helped....

China
Jun 3, 2025

As trade uncertainty increases, Asian stocks are up and the dollar is softening.

The dollar dipped to six-week lows on Wednesday as traders prepared for the impending increase in U.S. tariffs on steel and aluminum. This is the latest chapter...

China
Jun 3, 2025

London copper prices decline; US tariff concerns remain

The price of London copper fell on Wednesday, as the uncertainty surrounding U.S. tariffs kept prices in check. The three-month copper contract on the London Metal Exchange...

United States
Jun 3, 2025

The outlook for oil prices is bleak as rising OPEC+ production and tariffs weigh on the outlook

Early Asian trade on Tuesday saw oil prices fall, weighed by a loosening of the supply-demand equilibrium following an increase in OPEC+ production and lingering worries about...

China
Jun 3, 2025

Andy Home: Rio Tinto is betting lithium will remain the battery metal of choice.

The lithium market is a difficult one to be in as the metal has been weighed down by an excess of supply. The price of lithium hydroxide...

Canada
Jun 3, 2025

Metals tariffs increase as the deadline for 'best offers' approaches

On Wednesday, the U.S. tariff rates on steel and aluminum imports will double as President Donald Trump intensifies a global war of trade. He also expects his...

Brazil
Jun 3, 2025

Brazilian prosecutors try to block $180 Million carbon credit deal

By Manuela Andreoni & Ricardo Brito SAO PAULO - Brazilian prosecutors have filed a lawsuit to cancel a $180m carbon offset scheme that was signed by the...

France
Jun 3, 2025

US Skips UK Steel and Aluminum Tariffs as Both Countries Eye Quick Trade Deal

The United States announced on Tuesday that it would not double steel and aluminum tariffs on Britain. This announcement came hours after the UK Government said that...

United States
Jun 3, 2025

BlackRock is removed from Texas' boycott list following its withdrawal from climate groups

Texas removed BlackRock on Tuesday from a list that was seen as boycotting energy companies. The New York asset manager only won this step after it drastically...

United States
Jun 3, 2025

Trump to waive Defense Production Act to boost critical minerals

U.S. president Donald Trump will cut some legal requirements including the approval of larger projects by Congress to boost domestic production. The government website shows that the...

China
Jun 3, 2025

Wall Street stocks rise on Nvidia and trade hopes

Investors awaited more clarity about Washington's tariff plans as they awaited potential negotiations between the United States with its trading partners. The White House announced on Monday...

United States
Jun 3, 2025

Smoke from Canadian wildfires spreads to US Midwest

The smoke from three wildfires in Canada is now spreading to the Upper Midwest of the United States, bringing back memories of the heavy pollution that blew...

Ukraine
Jun 3, 2025

IAEA chief: No way to restart Zaporizhzhia Nuclear Plant at this time

The head of the UN nuclear safety watchdog stated on Tuesday that the idled Zaporizhzhia plant, which is occupied by Russia, was not in a position to...

Canada
Jun 3, 2025

Gold Reserve affiliate bids in Citgo parent auction

The company reported on Tuesday that an affiliate of Gold Reserve miner submitted a bid in the top period of the U.S. Court-organized auction for shares of...

Canada
Jun 3, 2025

Wildfires in Canada are impacting oil supply

The wildfires in Canada's oil producing province of Alberta has reduced Canada's daily crude output by approximately 7%. The following is a list of oil production sites...

United States
Jun 3, 2025

Smoke from Canadian wildfires spreads to US Midwest

The smoke from three wildfires in Canada is now spreading to the Upper Midwest of the United States, bringing back memories of the heavy pollution that drifted...

Germany
Jun 3, 2025

Russian billionaire: SAP replacement is expensive but essential

Alexey Mordashov, a Russian steel billionaire, said that creating a home-grown alternative to SAP's widely used business software will take more time and money than expected but...

Australia
Jun 3, 2025

Peru expects $4.8 billion in mining investments this year and a slight increase in copper production

Jorge Montero, Peru's Energy and Mines minister, said that he expects the mining investment to reach $4.8 Billion this year and the production of red metal to...

Ivory Coast
Jun 3, 2025

Moody's warns that local debt markets can protect Africa from funding cuts.

Marie Diron, global head of sovereign risk at Moody's, says that African countries need to develop liquid local debt markets within their own currencies in order to...

Iran
Jun 3, 2025

IAEA chief: No way to restart Zaporizhzhia Nuclear Plant at this time

The head of UN's nuclear watchdog stated on Tuesday that the conditions for restarting Ukraine’s Zaporizhzhia plant, which is occupied by Russia, do not exist due to...

Africa
Jun 3, 2025

Zimbabwe issues permits to cull at least 50 elephants

Wildlife authorities in Zimbabwe said that they have issued permits for the culling of at least 50 elephants from a reserve with three times as many elephants...

France
Jun 3, 2025

Liulin Senze Coal & Aluminum, a Chinese company, will produce alumina using low-grade ore

The developer of the new technology said that in July, a Chinese company Liulin Senze Coal & Aluminum would begin producing alumina in its Shanxi factory from...

China
Jun 3, 2025

Lobby group warns that China's export restrictions on rare earths could stop German auto production.

The German auto lobby has warned that China's export bans on rare earths - used in everything from anti-lock brake sensors to windshield wiper motors - could...

Mexico
Jun 3, 2025

VW Wolfsburg may switch to a four-day work week in 2027, according to the workers' council

Daniela Cavallo, the head of the Wolfsburg works council, told employees on Tuesday that Volkswagen's restructuring its Wolfsburg factory from 2027 in order to allow for EV...

China
Jun 3, 2025

Lobby group warns that China's export restrictions on rare earths could stop German auto production.

The German auto lobby warned that China's export restrictions on rare earth alloys, magnets, and mixtures pose a serious threat to the industry. This could lead to...