Latest news

Indonesia
Sep 8, 2025

Merdeka Copper Gold, Indonesia's largest copper and gold company, says that its subsidiary will be launching a $300 million IPO

The Indonesian miner PT Merdeka Copper Gold Tbk announced on Monday that its gold mining division has received approval from the regulator for bookbuilding in preparation for...

China
Sep 8, 2025

China's steel exports and lower iron ore shipments have led to a rise in the price of iron ore.

Iron ore futures rose on Monday for the fifth consecutive session, helped by a sharp drop in shipments from one of its major suppliers and resilient steel...

Qatar
Sep 8, 2025

The US rate cuts have boosted the economy of most major Gulf countries.

The major Gulf stock markets edged up in early trading on Monday. This was helped by rising expectations that the U.S. Federal Reserve will cut rates this...

United Arab Emirates
Sep 8, 2025

Cyprus President says that Cyprus is in talks with UAE about a European submarine cable project

Cyprus approached the United Arab Emirates to discuss possible collaboration on an EU-financed submarine power cable connecting Europe to the Eastern Mediterranean region. It said Monday that...

Saudi Arabia
Sep 8, 2025

Saudi Arabia's GDP grew 3.9% in the second quarter

According to estimates by the government released on Monday, Saudi Arabia's GDP (gross domestic product) will grow 3.9% in 2025 due to non-oil sector growth. According to...

United Arab Emirates
Sep 8, 2025

Abu Dhabi's financial hub sees 42% increase in active companies

Abu Dhabi's financial centre reported a 42% increase year-on-year in the number of registered entities for the first half 2025. Global firms are looking to gain access...

United States
Sep 8, 2025

Gunvor: New sanctions against Russian oil buyers will disrupt flow, according to trader Gunvor

Frederic Lasserre said that new sanctions against buyers of Russian crude oil could disrupt crude flow, according to the global head of research and analyses at energy...

Mining
Sep 8, 2025

Gold nears record high amid US rate cuts

Gold held steady near its all-time highest on Monday. It moved closer to the key $3,600 mark, buoyed by expectations that the U.S. Federal Reserve will cut...

China
Sep 8, 2025

China's coal imports in August hit an 8-month-high, but are still lower than the year-ago level

Customs data released on Monday showed that China's coal exports reached an eight-month peak in August. This was largely due to higher prices at home, but volumes...

Scandinavia
Sep 8, 2025

What you need to Know about the Norwegian Election

The general elections in Norway on September 8 and 9 are expected to be close between the centre-left block led by the Labour Party and the centre-right...

United States
Sep 8, 2025

Pacific Islands Leaders meet to discuss climate change, security

Leaders of the Pacific Islands began a seven-day summit in the Solomon Islands on Monday. They are expected to adopt a "Ocean of Peace", amid concerns over...

Italy
Sep 8, 2025

MORNING BID EUROPE - From one political kerfuffle into another

Ankur Banerjee gives us a look at what the future holds for European and global markets. The eurozone's second largest economy will be plunged into chaos as...

China
Sep 8, 2025

China's coal imports in August were the highest for eight months and a drop compared to a year earlier

Customs data released on Monday showed that China's coal imports reached their highest level in 8 months in August. This was largely due to a drop in...

United States
Sep 8, 2025

Goldman Sachs predicts a slightly higher oil surplus in 2026

Goldman Sachs forecasted a slight increase in oil surplus by 2026 as improvements in supply in the Americas will outweigh Russia’s downgrade, and any improvement in global...

Brazil
Sep 8, 2025

China August iron ore exports remain high as mills prepare to peak season

China's imports of iron ore in August increased 0.6% compared to July, as lower prices encouraged continued buying and mills prepared for peak steel demand in September....

China
Sep 8, 2025

China's copper imports rose again in August

China's copper imports grew in August for the second month running as an Indonesian mine increased exports in anticipation of its expiration later this month. Data from...

New Zealand
Sep 8, 2025

New Zealand police kill fugitive father with his children on the run

New Zealand fugitive Tom Phillips shot dead after shooting policeman Phillips has now handed over one of his children to the authorities The police are still searching...

China
Sep 7, 2025

Investors wait for demand signals to see iron ore prices rise

Iron ore futures remained in a narrow range Monday as investors waited for a new batch of trade statistics from China, the world's largest consumer. As of...

Mineral Resources
Sep 7, 2025

Gold nears record high amid US rate cuts

Gold held steady near its all-time highest on Monday. It moved closer to the key $3,600 mark, buoyed by expectations that the U.S. Federal Reserve will cut...

United States
Sep 7, 2025

Oil prices rise as OPEC+ agrees on a slower rate of production increase from October

Early Monday morning, oil prices rose, reversing some of the losses of last week, after OPEC+ decided over the weekend that they would increase output at a...

Scandinavia
Sep 7, 2025

Europe's electric vehicle industry urges EU to not delay CO2 emissions targets

More than 150 executives from Europe's electric vehicle industry signed a Monday letter urging the European Union not to abandon its zero-emission target for cars, vans and...

United States
Sep 7, 2025

Oil prices increase as OPEC+ agrees on a slower rate of production increases from October

Early Monday morning, oil prices increased, reversing the losses of last week, after OPEC+ decided over the weekend that they would increase output, but at a slower...

Mexico
Sep 7, 2025

Mexico's top prosecutor promises more action against fuel crime after 14 arrests

Mexico's top prosecution said that 14 people have been detained so far for suspected involvement in illicit fuel trade. He reiterated that new information would lead to...

United States
Sep 7, 2025

Trump is ready to launch a second phase of sanctions against Russia over the Ukraine conflict

Donald Trump, U.S. president, said Sunday that he was ready to move into a second phase in sanctioning Russia. This is the closest he's come to implying...

Saudi Arabia
Sep 7, 2025

OPEC+ agrees to increase oil production from October in order to gain market share

OPEC+ agreed to increase oil production in October, as Saudi Arabia tries to regain its market share. However, the pace will be slower than previous months because...

Italy
Sep 7, 2025

Stellantis CEO asks EU to support the car sector

In order to protect the automotive industry, the new CEO of Stellantis, a carmaker in Greece, has called on the European Union (EU) to be flexible when...

Canada
Sep 7, 2025

Daniel Craig reprises his role as Benoit Blanc, the detective in "Wake Up Dead Man: a Knives Out Mystery"

In "Wake Up Dead Man, A Knives Out Mystery", the third installment of the franchise, Daniel Craig's charismatic and sharply dressed Benoit Blanc is back to solve...

Hong Kong
Sep 6, 2025

China's central banks buys gold for the 10th consecutive month in August

China's central banks added gold to their reserves in August, continuing purchases for a 10th consecutive month, according to official data released on Sunday. Gold, traditionally viewed...

Canada
Sep 6, 2025

After a four-day search, a Canadian soldier is found dead in Latvia

The Canadian military announced on Saturday that a member of the Canadian Armed Forces who was reported missing earlier this week in Latvia has been found deceased....

Ukraine
Sep 6, 2025

Ukraine drones hit training centre at Zaporizhzhia nuclear plant, Russian management says

The Russian-installed management of the Russia-held nuclear plant in Ukraine announced on Saturday that Ukrainian drones had hit the roof at the Zaporizhzhia training centre. There was...

Iraq
Sep 6, 2025

Sources say that OPEC+ is likely to agree on a further increase in oil production on Sunday.

OPEC+ sources stated on Saturday that eight OPEC+ nations will likely increase oil production on Sunday, but they may add less oil in October than recent months...

Africa
Sep 6, 2025

Gunmen kill Chinese security officials and Chinese workers in Nigeria

A spokesperson for the Nigerian security agency confirmed that gunmen kidnapped Chinese exatriate workers and killed eight officials in the southern state of Edo. The Chinese workers...

France
Sep 6, 2025

Edison CEO: Italy's Edison is ready to list in the event EDF goes ahead with its plan

Edison is willing to return to the Milan Stock Exchange if its parent company EDF in France decides so, said the CEO of the Italian Energy Group...

Wind Farms
Sep 6, 2025

Orsted Braces for Rights Issue Approval After US Offshore Wind Setbacks

Danish offshore wind developer Orsted cut its 2025 profit outlook on Friday, just hours before it is poised to secure shareholder approval for a $9.4 billion emergency...

United Kingdom
Sep 5, 2025

Blue Water bids $10 billion for Citgo parent

Blue Water Acquisition Corp announced on Friday it had submitted an offer worth $10 billion to purchase the parent company of Venezuelan-owned refiner Citgo Petroleum. The proposal...

United States
Sep 5, 2025

Blue Water makes bid of $10 billion for Citgo parent

Blue Water Acquisition Corp announced on Friday that it had submitted a $10 billion offer for Citgo Petroleum's parent company, which is owned by Venezuela. The offer...

Japan
Sep 5, 2025

US stocks reach record highs as weak employment data fuels rate-cut bets

U.S. stock prices briefly reached record highs before trading lower on Friday. Data showing that U.S. employment growth slowed in August led investors double down on their...

Canada
Sep 5, 2025

China delays its final decision in the canola dispute between Canada and China

China extended its investigation into Canadian canola exports on Friday, buying six months more for negotiations to ease a long-running trade dispute that was sparked by Ottawa’s...

Africa
Sep 5, 2025

IMF warns of excessive debt after cutting Angola's economic growth forecast

IMF reduced Angola’s economic growth projection for 2025 from 2.4% to 2.1% on the back lower oil exports. The IMF warned on Friday that the risks had...

United States
Sep 5, 2025

Food retailers urge grain traders to support Brazil's soy ban initiative

Food retailers in Europe have called on grain traders around the world to support Brazil's soy ban initiative. The pact is designed to protect Amazon rainforests from...

Singapore
Sep 5, 2025

US stocks reach record highs as weak employment data fuels rate-cut bets

U.S. stock prices briefly reached record highs before trading lower on Friday. Data showing that U.S. employment growth slowed in August led investors double down on their...

Africa
Sep 5, 2025

UN report finds that M23 Congolese forces could have committed war crimes against the Congolese people.

According to the U.N. Human Rights Office, M23, a rebel group backed by Rwanda, Congolese forces, and other armed organizations have committed grave rights violations, including some...

Germany
Sep 5, 2025

Kurier reports that Austrian oil giant OMV is planning to reduce its staff by a twelfth in the evening across the globe.

The Kurier reported that the Austrian oil and gas group OMV will cut 2,000 jobs from its worldwide workforce of 23,000. In a Friday statement, the company...

Africa
Sep 5, 2025

S.African electricity regulator supports ArcelorMittal in its bid for discounted rates

ArcelorMittal South Africa has met the requirements for discounted electricity rates, according to the rules set by the energy regulator of the country. The steelmaker, which is...

United States
Sep 5, 2025

Canada offers tariff relief to automakers who meet EV sales targets

Canada announced on Friday that it would waive the requirement that 20% all vehicles sold in 2019 be emission-free. This is part of a package of aids...

Central Asia
Sep 5, 2025

Kazatomprom to triple exploration abroad as it seeks more ventures

Kazatomprom announced plans on Friday to triple its exploration in Kazakhstan, and explore opportunities for international expansion, following recent agreements signed with Jordan and Mongolia. State-controlled company...

Australia
Sep 5, 2025

US stocks reach record highs as weak employment data fuels rate-cut bets

U.S. stock prices briefly reached record levels on Friday, after data showed that U.S. employment growth had slowed in August. This led investors to increase their bets...

Turkey
Sep 5, 2025

Minister: Turkey will offer incentives to power plants that use locally produced coal

Alparslan Bayraktar, the Energy Minister, said that Turkey will launch a programme of incentives on electricity purchase guarantee for power plants that use locally produced coal. Bayraktar,...

Africa
Sep 5, 2025

South Africa's Eskom does not expect any power outages over the summer

Eskom, the South African utility company, said it would not expect any power outages during the summer months in southern hemisphere, barring an increase in breakdowns. Eskom's...

United Kingdom
Sep 5, 2025

Andy Home: Myanmar mine still a major player in the tin market

As the market waits for the Man Maw Mine to return in Myanmar, tin continues to outperform other base metals on the London Metal Exchange. Two years...