Asian stocks lacked direction on Tuesday, as a surge in virus cases in the region and the U.S. Federal Reserve's meeting this week kept investors on edge, while stocks in India gained after new coronavirus cases in the country retreated from Monday's record levels.
Chicago corn futures rose for a seventh consecutive session on Tuesday, with the market touching a nearly eight-year high as adverse weather in Brazil and the United States raised concerns over global supplies.
Finnair on Tuesday reported another quarter of steep losses as the pandemic kept most of its planes grounded, and said it would raise its annual cost savings target by 30 million euros to 170 million ($205 million).
French media and publishing firm Lagardere reported on Tuesday a 29.8% drop in first-quarter revenue on a like-for-like basis as coronavirus-related restrictions on travel in Europe weighed.
Taiwan's MFIG purchasing group has issued an international tender to buy up to 65,000 tonnes of animal feed corn which can be sourced from the United States, Brazil, Argentina or South Africa, European traders said on Tuesday.
Vietnam said on Tuesday it had raised slightly the tax rates on its anti-dumping measures on some aluminium products originating from China, following a government review of its probe into the impact of the duties.
Taiwan's MFIG purchasing group has issued an international tender to buy up to 65,000 tonnes of animal feed corn which can be sourced from the United States, Brazil, Argentina or South Africa, European traders said on Tuesday.
Organisers of Russian forestry group Segezha's initial public offering (IPO) are guiding for pricing the placement at 7.75-8 roubles ($0.1035-0.1068) per share, three financial market sources told Reuters on Tuesday.
Malaysian palm oil futures rose more than 3% on Tuesday, heading for their biggest jump in over three weeks, as they tracked gains in U.S. soyoil prices.
Finnair on Tuesday reported another quarter of steep losses as the pandemic kept most of its planes grounded, and said it would raise its annual savings target by 30 million euros to 170 million ($205 million).
British travel company Jet2 said it would report a loss of between 375 million pounds ($521 million) to 385 million pounds for the 12 months to the end of March 2021, due to the cancellation of holidays during the COVID-19 pandemic.
Copper prices hit a 10-year high on Tuesday as supply worries in top producer Chile and investor hopes for an improvement in global demand amid a stable economic recovery and green investments lent support.
Asian stocks posted small moves and currencies were flat on Tuesday, as a surge in coronavirus cases in the region and the U.S. Federal Reserve's meeting this week keep investors on edge.
Japan's Kansai Electric Power Inc and trading firm Marubeni Corp have scrapped a plan to build a 1.3 gigawatt (GW) coal-fired power plant, as project feasibility has become tough to assess, the utility said on Tuesday.
Asian feed manufacturers are switching to wheat in animal rations as multi-year high corn prices constrict demand for the yellow grain widely used to fatten hogs and chickens.
Norwegian aluminium maker Norsk Hydro posted first-quarter core earnings that were above expectations on Tuesday, boosted by rising demand and higher prices for its metal as the world economy bounces back from the impact of the COVID-19 pandemic.
Norwegian aluminium maker Norsk Hydro posted first-quarter core earnings that were above expectations on Tuesday, boosted by rising demand and higher prices for its metal as the global economy recovers from the impact of the COVID-19 pandemic.
Australia will suspend all direct passenger flights from India until May 15, Prime Minister Scott Morrison said on Tuesday, following a surge in COVID-19 infections in the world's second-most populous country.
Gucci and Facebook have filed a joint lawsuit in California against an individual who allegedly used the U.S. group's social media platforms to sell fake Gucci products, the two companies said on Tuesday.
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