Nasdaq Commodities

Round-up of South Korean financial markets:

Hanjin Kal, owner of Korean Air Lines Co Ltd, is likely to buy Asiana Airlines Inc as Asiana's state-run creditor Korea Development Bank (KDB) plans to inject 800 billion won ($723.55 million) into Hanjin Kal, Yonhap said on Monday.

Korea Development Bank (KDB) has decided to inject 800 billion won ($723.55 million) into Hanjin Kal, owner of Korean Air Lines Co Ltd, to acquire Asiana Airlines, Yonhap reported on Monday.

Shanghai city government said all imports of what it called "high-risk" imported cold-storage food will need to be tested for coronavirus and have packaging disinfected before being stored or sold in the city.

Australia's Qantas Airways Ltd, the world's third-oldest airline, on Monday marked its 100th birthday during its toughest year yet due to the coronavirus pandemic but is looking to the future with optimism, its chief executive said.

The Chinese city of Jinan said over the weekend it had found coronavirus on beef and tripe and their packaging from Brazil, Bolivia and New Zealand, while two other provincial capitals detected it on packaging on pork from Argentina.

The United Arab Emirates will extend its "golden" visa system - which grants 10-year residency in the Gulf state - to certain professionals, specialised degree-holders and others, the UAE's vice president said on Sunday.

Mexican senators on Friday began weighing a sweeping initiative to legalize recreational use and sale of marijuana, a proposal that could create the world's largest weed market in a country battered by a violent war against drug gangs.

French Finance Minister Bruno Le Maire said on Friday he thinks a compromise can be reached over sanctions the United States and the European Union have imposed on each other over civil aviation subsidies for Boeing Co and Airbus.

Before last month's presidential election, M'Batto in central Ivory Coast was a small, peaceful town where ethnic groups intermarried and churches and mosques existed side by side without friction, residents say.

In trading on Friday, shares of Vedanta Ltd (Symbol: VEDL) crossed above their 200 day moving average of $5.75, changing hands as high as $5.85 per share. Vedanta Ltd shares are currently trading up about 4.7% on the day. The chart below shows the one year performance of VEDL

The Chinese city of Wuhan said on Friday it had detected the novel coronavirus on the packaging of a batch of Brazilian beef, as it ramped up testing of frozen foods this week as part of a nationwide campaign.

Brazilian farmers have pre-sold an unprecedented amount of their new soybean crop amid a rally in Chicago that compelled many to trade in their beans even before laying a single seed on the ground this year.

India's retail inflation may stay elevated for at least three more months after hitting a six-year high in October, as excess rain has damaged standing crops and seedlings, while edible oils that the country imports have become expensive.

Daily energy market commentary provided by Nasdaq Corporate Solutions Advisory Services' Energy Team.

Avianca Holdings' third-quarter net loss widened significantly following a substantial fall in income due to the impact of the coronavirus pandemic, the Colombian flagship airline reported.

Russian aluminium producer Rusal has secured a three-year extension of a $4.5 billion loan from the country's top lender Sberbank, the company said on Friday.

Ukraine has said Iran is dragging its feet on investigating the downing of a Ukrainian airliner near Tehran in January by not sharing information and not responding to requests for cooperation.

Forward-looking FX options aren't betting on a EUR/USD directional move or increased volatility near term, but they are still leaning toward an eventual move higher.

China's Tianqi Lithium Corp said on Friday its financial situation has not improved in recent weeks as a major repayment deadline on a $3.5 billion loan looms and its application to adjust the terms is still under review.