Latest news

China
Oct 29, 2025

Iron ore reaches two-week high before Trump-Xi Meeting

The iron ore futures price rose on Wednesday, for the third consecutive session. It reached its highest level in two weeks. This was boosted by optimism about...

Finland
Oct 29, 2025

Outokumpu invests $45 Million in US pilot plant despite missing earnings forecast

Outokumpu, a Finnish stainless steel manufacturer, reported a third-quarter profit that was below the market's expectations on Wednesday. It also announced it would invest $45 million into...

South Korea
Oct 29, 2025

Climate Fund backs $6 Billion Jordan Water Project with its largest deal

According to its chief executive, the world's largest climate multilateral fund made its biggest financial commitment yet to build a $6 Billion water desalination plant in Jordan....

Spain
Oct 29, 2025

Spain commemorates the anniversary of the deadly Valencia Floods with a state funeral and solemn marches

Spain's King Felipe is attending a state funeral on Wednesday in Valencia, as part of several events to mark a year since the deadly floods that killed...

Austria
Oct 29, 2025

OMV's profit forecast for the third quarter is topped by fuels and chemicals

OMV, Austria's oil, gas, and chemicals group, beat expectations for the third quarter profit on Wednesday. It benefited from higher contributions by its fuels, chemicals, and segment....

United States
Oct 29, 2025

Gold Stages rebound on bargain-hunting ahead of Fed verdict

Gold prices rose Wednesday, as bargain-hunters stepped in to buy after the bullion fell to a 3-week low the previous session. Investors are now waiting for the...

China
Oct 29, 2025

Sources: China's smelter group does not set Q4 copper TC/RC guidelines

Sources said that China's leading copper smelters have decided not to set fee guidance for copper concentrate processing in the fourth quarter of 2025. This is the...

New Zealand
Oct 29, 2025

Australian shares fall to a two-week low after inflation spikes sink rate-cutting hopes

Australian shares closed on Wednesday at their lowest levels in two weeks as a spike of core inflation dashed any hopes for a rate cut in the...

United Kingdom
Oct 29, 2025

Gold falls ahead of Fed decision; dollar strength and trade optimism weigh

Gold prices were unchanged on Wednesday ahead of a Federal Reserve interest rate cut that was widely expected. However, expectations of a possible U.S. China trade deal,...

Germany
Oct 29, 2025

The morning bid is EUROPE: Fed, Big Tech, and Trump pageantry are the order of the day

Rae Wee gives us a look at what the future holds for European and global markets. The markets are busy today with the Federal Reserve's key policy...

Ukraine
Oct 29, 2025

Russia claims that Ukraine has targeted Moscow for the third night in a row with drones.

Russian authorities reported that Ukraine had sent drones to Moscow for a third night in a row and also targeted other Russian regions. The drones disrupted air...

India
Oct 29, 2025

Cyclone Montha strikes India's East coast, killing one

Officials said that one person died on India's east coast when Cyclone Montha hit around midnight. Heavy rains and gusty wind also damaged crops and utility poles....

Vietnam
Oct 29, 2025

Floods in Central Vietnam kill 9 and leave 5 others missing

The government reported on Wednesday that floods in central Vietnam caused by heavy rainfall records have resulted in the deaths of at least nine people. Five others...

Oil & Gas
Oct 29, 2025

Valaris Adds $190M in New Offshore Drilling and Wind Contracts

Offshore drilling contractor Valaris has secured a series of new contracts and extensions worth about $190 million in the North Sea and Middle East regions, lifting its...

United States
Oct 29, 2025

Gold prices rise ahead of Fed's decision; however, trade optimism limits the upside.

Gold prices rose a little on Wednesday ahead of a Federal Reserve interest rate cut that was widely expected, but easing U.S. China trade tensions held bullion...

China
Oct 29, 2025

Iron ore reaches two-week high before Trump-Xi Meeting

The iron ore futures price rose on Wednesday, for the third consecutive session. It reached its highest level in two weeks. This was boosted by optimism about...

Australia
Oct 28, 2025

Australian shares fall after Q3 inflation data points to RBA rate holding next week

Australian shares fell on Wednesday, as banks continued to lose money and real estate stocks reversed their course. Local investors also sharply reduced bets that the central...

Australia
Oct 28, 2025

Lynas, an Australian company, invests in a new Malaysian facility to produce heavy rare earths to meet the rising demand

Lynas Rare Earths, a company based in Australia, announced on Wednesday a new separation plant in Malaysia. The announcement came as the company noted a growing demand...

New Zealand
Oct 28, 2025

Australian shares fall as healthcare stocks drag down; inflation data is in focus

Australian shares fell on Wednesday as healthcare stocks lost ground to miners. Local traders were cautious in advance of the third-quarter consumer prices data due later that...

United States
Oct 28, 2025

US appeals Court revives $2.5 Billion opioid lawsuit in West Virginia

The largest drug companies in the U.S. won a trial in 2022, but the U.S. Court of Appeals reversed that decision. The 4th U.S. The 4th U.S....

China
Oct 28, 2025

Sources say that US officials meet with mining executives in Brazil to talk about rare earths.

The U.S. The U.S. According to anonymous sources, the meetings took place on the sidelines an event that was taking place in Salvador in the state of...

United States
Oct 28, 2025

The long-stalled campaign to make daylight savings time in the US permanent has failed.

The U.S. Senate took up a long-stalled attempt on Tuesday to end daylight saving time and make it permanent, but failed to reach a consensus. Senator Rick...

United States
Oct 28, 2025

Stocks reach record highs on tech boost as Fed and earnings are in focus

The global shares rose to a record intraday on Tuesday, helped by signs that trade tensions have cooled between the U.S. The U.S. Federal Reserve will announce...

United States
Oct 28, 2025

Utility Edison exceeds profits estimates with higher electricity rates

Edison International announced a higher-than-expected third-quarter profit on Tuesday as it benefited from increased rates for its service. Utilities can raise electricity rates by using general rate...

United States
Oct 28, 2025

Celestica and Cameco are among the big winners on the TSX

Canada's main index of stocks closed higher on Monday, as investors awaited the central bank's pivotal decisions. The rally in technology and materials shares was particularly strong....

United States
Oct 28, 2025

Wall Street indexes set records as Nvidia soars and megacap earnings are ahead

Investors were confident about corporate earnings as they awaited the key results of megacaps due this week. The three major U.S. indexes also posted record highs on...

United States
Oct 28, 2025

Mondelez defeats greenwashing lawsuit over 'climate neutral' Clif Bar claim

A federal judge dismissed an attempted class action lawsuit that accused Mondelez International, of misleading consumers into paying more for Clif bars labeled as "climate-neutral certified." U.S....

United States
Oct 28, 2025

Wall Street indexes rise amid optimism about earnings; Nvidia gains

Investors were optimistic about corporate earnings as they awaited the key results of companies such as Apple, which are due this week. Nvidia shares were up last...

United States
Oct 28, 2025

US appeals Court revives $2.5 Billion opioid lawsuit in West Virginia

The 4th U.S. Circuit Court of Appeals on Tuesday reinstated a lawsuit for $2.5 billion against drug distributors who were accused of contributing towards an opioid crisis...

Australia
Oct 28, 2025

Dollar slips ahead of Fed meeting and earnings are eyed

Investors awaited Federal Reserve policy decisions, and digested the corporate earnings, as global shares reached an intraday high. Wednesday, the U.S. Federal Reserve is expected to kick-off...

China
Oct 28, 2025

Gold falls to a three-week low amid US China trade progress

Gold fell to its lowest level in three weeks on Tuesday, as investors turned their attention to the Federal Reserve’s interest rate announcement this week. As of...

United States
Oct 28, 2025

US citizens in Mali warned to leave the country immediately

Tuesday, the United States warned Americans living in Mali to immediately leave using commercial flights. The government is under increasing pressure by insurgents linked to al Qaeda,...

United States
Oct 28, 2025

Dominion, a US utility company, expects the demand for data centers to double by 2039

Dominion Energy in the United States, which is responsible for the world's largest concentration of data centres, has said that it expects the power consumption to double...

United States
Oct 28, 2025

Gold falls to a three-week-low due to US-China trade developments

Tuesday, gold fell to its lowest level in three weeks as investors' attention shifted to the Federal Reserve interest rate announcement this week. As of 12:15 pm...

Mexico
Oct 28, 2025

The mining giant Grupo Mexico has seen its Q3 profits increase by over 50% due to strong sales of molybdenum and silver.

The mining and transportation conglomerate Grupo Mexico announced a net profit increase of more than 50% in the third quarter, driven by increased sales of molybdenum and...

United Kingdom
Oct 28, 2025

Rio de Janeiro Police Operation Leads to 20 Deaths

The state government announced that at least 20 people were killed, including two officers of the police, in a large scale operation against organized criminals in Rio...

China
Oct 28, 2025

Dollar slips, stocks reach record highs

Investors awaited the policy announcements of multiple central banks, and digested corporate earnings. On Wednesday, the U.S. Federal Reserve is set to kick-off a series of announcements...

Switzerland
Oct 28, 2025

Results of tariff reduction show that European corporate profits are expected to increase.

As early quarter results show businesses adapting to President Donald Trump's new tariffs, the outlook for European corporate health is slightly better, according to the latest earnings...

China
Oct 28, 2025

Gold falls to a three-week-low due to US-China trade developments

Gold fell to its lowest level in three weeks on Tuesday, as investors focused their attention on the Federal Reserve's rate-setting decision this week. As of 10.45...

Africa
Oct 28, 2025

Sources: Thyssenkrupp Steel boss to depart

Dennis Grimm has left Thyssenkrupp’s steel division, according to two sources familiar with the situation. The unit is now without its leader, as the talks about a...

China
Oct 28, 2025

Bank of Korea to consider gold purchase in the medium term after long absence

Heung-Soon Jung of the Bank of Korea Reserve Investment Division told a precious-metals conference that the central bank of South Korea is looking at purchasing gold for...

United States
Oct 28, 2025

Mexico rescues a survivor after US attacks kill 14 suspected drug traffickers

U.S. Secretary of Defense Pete Hegseth announced on Tuesday that a series of U.S. airstrikes against suspected drug vessels killed 14 drug traffickers, and only left one....

China
Oct 28, 2025

Gold falls to a three-week-low due to US-China trade developments

The price of gold fell to its lowest level in three weeks on Tuesday, as investors shifted their focus to the Federal Reserve interest rate announcement this...

China
Oct 28, 2025

China's ESPO oil is now cheaper due to sanctions against Russia

Four trade sources said that the price of Russia's Asia bound ESPO blend crude at Chinese ports has dropped to a discount compared to Brent for the...

Africa
Oct 28, 2025

Wall St. to open slightly higher, with focus on corporate earnings

Wall Street's major indexes are on track to start slightly higher on Tuesday. This is due to the positive forecasts of companies like UnitedHealth and UPS. Investors...

United States
Oct 28, 2025

Westinghouse, Cameco, and Brookfield to invest $80 billion in US nuclear power drive

Westinghouse Electric will partner with Cameco, Brookfield Asset Management and the US government to build new nuclear reactors worth at least $80 Billion in the United States,...

Central Asia
Oct 28, 2025

Brazil's Bamin attracts interest from three potential investor, according to CEO

Eduardo Ledsham, the CEO of Bamin, a Brazilian iron ore producer controlled by Kazakhstan's Eurasian Resources Group (ERG), told reporters late Monday that three new investors are...

United States
Oct 28, 2025

Bulgaria and Rheinmetall sign 1 billion euro agreement to produce gunpowder

Bulgaria and European defence company Rheinmetall signed a deal on Tuesday worth more than one billion euros ($1.2billion) for the construction of a factory that will produce...

United States
Oct 28, 2025

Gold drops over 2% at a three-week low amid signs of an easing US-China Trade Woes

Gold dropped more than 2% on Tuesday to a 3-week low, as investors focused their attention on the Federal Reserve's policy meeting. As of 1140 GMT spot...

Environment
Oct 28, 2025

UK actress Prunella scales, 93 years old, died after a long illness.

Her sons released a statement Tuesday confirming that Prunella scales died at the age of 93. She was best known as Sybil Fawlty, the iconic character in...