London copper slipped on Thursday after rebounding from 5-1/2-month lows in the previous session as demand concerns from top consumer China coupled with burgeoning inventories overshadowed optimism about a deal to extend the U.S. debt ceiling.
British airline easyJet said it was confident ahead of the summer season, when it makes all its profit, helped by strong booking levels, higher ticket prices and the growth of its holidays business.
South Korea's Major Feedmill Group (MFG) has issued an international tender to purchase up to 70,000 tonnes of animal feed corn to be sourced from optional origins, European traders said on Thursday.
British luxury fashion brand Burberry reported stronger-than-expected fourth quarter sales on Thursday, boosted by a rebound in its largest market China following three years of COVID-19 restrictions.
Malaysia has maintained its June export tax for crude palm oil at 8% and raised its reference price, a circular on the Malaysian Palm Oil Board website showed on Thursday.
Malaysian palm oil futures eased on Thursday for a fourth consecutive session, as hopes of higher production and an extension of the Black Sea export deal raised the prospects of improved global supply.
Chile's SQM, the world's second-largest lithium producer, said on Wednesday that its first-quarter net profit slid almost 6% compared to the year-ago period to total $749.9 million.
The South Korean won led gains among Asian currencies on Thursday, as global risk sentiment improved on optismism that a deal would be reached in Washington to raise the debt ceiling and avoid a U.S. default that would lead to a recession.
Chicago wheat futures lost more ground on Thursday, as an extension of a deal to allow war-ravaged Ukraine to continue exporting grains eased concerns over world supplies.
Chile's SQM, the world's second-largest lithium producer, said on Wednesday that its first-quarter net profit slid almost 6% compared to the year-ago period to total $749.9 million.
London copper prices were little changed on Thursday after rebounding from 5-1/2-month lows in the previous session, as concerns about demand from top consumer China overshadowed optimism about a deal to extend the U.S. debt ceiling.
Malaysian palm oil futures dropped on Thursday for a fourth consecutive session, as hopes of higher production and an extension of the Black Sea export deal raised the prospects of improved global supply.
Chicago wheat futures lost more ground on Thursday, as an extension of a deal to allow war-ravaged Ukraine to continue exporting grains eased concerns over world supplies.
Crop scouts on the second day of an annual three-day tour of Kansas projected an average yield for hard red winter wheat in the southwestern portion of the state at 27.5 bushels per acre, the worst since at least 2003 and down from 37 bushels per acre last year.
Crop scouts on the second day of an annual three-day tour of Kansas projected an average yield for hard red winter wheat in the southwestern portion of the state at 27.5 bushels per acre, the worst since at least 2003 and down from 37 per acre bushels in 2022.
Chicago December corn futures on Wednesday traded below $5 per bushel for the first time since 2021, supportive for those who believe new-crop corn has already inked its yearly high.
Benchmark U.S. corn futures fell to an 18-month low on Wednesday on news that China cancelled purchases of U.S. corn, and as favorable early-season crop weather bolstered projections for bumper U.S. harvests this year, analysts said.
U.S. aviation regulators are forecasting nearly 313,000 flights over the seven-day Memorial Day holiday period, up 4.5% from 2022 and just below 2019 pre-pandemic levels.