Gold will surge above $1 600 an ounce as the Federal Reserve embarks on a quartet of interest rate cuts to combat slowing US growth and the fallout from the trade war with China, according to BNP Paribas SA, which flagged prospects for a significant ri…
Gold seen cracking $1 600 as US Fed goes for cut, cut, cut, cut Read More »
Copper skidded to the lowest since mid-2017 as investors faced fresh evidence of a global slowdown and fading prospects for a deescalation in the US-China trade war.
Long known as a canary in the coal mine for the economy, copper has slumped 16% sinc…
Copper hits two-year low as signs of global slowdown stack up Read More »
Indonesia will enforce a complete ban on the export of raw nickel ore from January 1, two years earlier than planned, as the nation seeks to lock in supplies for dozens of smelters that are under construction and buttress a drive to build out local pro…
Indonesia’s nickel ban shows resource nationalism on the march Read More »
The cost of shipping commodities by sea surged to the highest in almost nine years as vessel owners start taking carriers off hire to prepare them for sweeping new fuel rules.
The Baltic Dry Index, a measure of freight for everything from coal to iron…
Iron-ore freight starts to cost a ton as great shipping fuel shift begins Read More »
Donald Trump campaigned on a promise to ease the grip of environmental rules he said were throttling businesses. But time and again, his deregulatory moves as president have drawn the ire of the very companies that were expected to benefit.
In the lat…
Trump gives businesses deregulation whether they want it or not Read More »
Donald Trump campaigned on a promise to ease the grip of environmental rules he said were throttling businesses. But time and again, his deregulatory moves as president have drawn the ire of the very companies that were expected to benefit.
In the lat…
Trump gives businesses deregulation whether they want it or not Read More »
South Africa’s pledge not to let Eskom Holdings fail is enticing yield-starved investors to the company’s dollar debt. Bondholders from New York to Seoul say they’re happy to hold onto the power company’s securities – and in some cases add to their hol…
‘Too big to fail’ makes Eskom debt a good bet in low-yield world Read More »
Investors are going for gold in a big way. Inflows into bullion-backed exchange-traded funds topped 100 t in August to hit the highest since February 2013 as the trade war worsened, risk assets took a knock, and central banks signaled looser monetary p…
Gold ETFs surge more than 100 t in August as havens in vogue Read More »
Ferrexpo said an independent review into its charitable donations suggested some funds could have been misappropriated, but found the company and its biggest shareholder weren’t connected to any possible wrongdoing.
The review was unable to confirm th…
Ferrexpo review says charity funds may have been misappropriated Read More »
Canada recorded its largest inflow of foreign direct investment (FDI) in four years, another sign growing global trade tensions haven’t reduced the appetite for the northern nation’s assets.
Direct investment from abroad rose to C$18.7-billion in the …
Newmont’s Goldcorp takeover props up Canada’s second-quarter FDI inflow Read More »
