Shanghai copper prices rose on Monday as low inventory levels provided a cushion after prices fell for three straight weeks due to weaker-than-expected demand in China.
Dutch postal firm PostNL on Monday affirmed its 2023 outlook after reporting a smaller than expected drop in first-quarter parcel volumes and operating profit helped by measures to cut delivery costs, sending its shares up nearly 10%.
Go Airlines (India) on Monday asked the country's company law tribunal to urgently pass an order on its insolvency plea, citing lessors' efforts to take back planes, per the court hearing.
Go Airlines (India) on
Monday asked the country's company law tribunal to urgently pass
an order on its insolvency plea, citing lessors' efforts to
take back planes.
Malaysian palm oil futures extended gains to a fourth consecutive session on Monday, hitting a more than two-week high, as forecasts of a sharper decline in April output triggered supply concerns.
Dutch postal firm PostNL on Monday reported a surprise operating profit for the first quarter, supported by a smaller-than-expected drop in parcel volumes and adaptive measures implemented last year.
Shanghai copper prices rose on Monday as low inventory levels provided a cushion after prices fell for three straight weeks due to weaker-than-expected demand in China.
Malaysian palm oil futures gained on Monday for a fourth consecutive session, touching their highest in more than two weeks, supported by forecasts of shrinking April stockpile and higher Dalian oils.
Chicago wheat slid for the first time in four sessions on Monday, although the downside in prices was limited on slowing grain exports from Ukraine amid uncertainty over the extension of the Black Sea export deal.
Chicago wheat gained more ground on Monday to trade near a two-week high as slowing grain exports from Ukraine amid uncertainty over the extension of the Black Sea export deal underpinned prices.
Speculators staged one of their biggest weekly sell-offs in Chicago-traded corn last week as a strong Brazilian crop, efficient U.S. planting pace and weak U.S. export demand pushed futures to nine-month lows.
Warren Buffett said on Saturday he could not imagine Washington allowing the U.S. to default on its debt by refusing to raise the country's debt ceiling, and risk disrupting the world's financial system by letting the world "go into turmoil."
Singapore state investor Temasek Holdings [TEM.UL] is considering investing $100 million in Indian jeweller BlueStone for a stake of about 20%, two sources with direct knowledge of the matter told Reuters.
In trading on Friday, shares of Sibanye Stillwater Ltd (Symbol: SBSW) crossed above their 200 day moving average of $9.67, changing hands as high as $9.71 per share. Sibanye Stillwater Ltd shares are currently trading up about 3.2% on the day. The chart below shows the one ye
Canada's main stock index rallied on Friday as a rebound in oil prices lifted energy shares, while improved outlooks from companies including Air Canada beat back concerns over a fallout from the U.S. regional bank turmoil.
Chicago grains and soy ended the week higher on Friday as hopes dimmed for the renewal of a U.N.-brokered deal allowing the safe Black Sea exports of Ukraine grain.
Large speculators increased their net short position in Chicago Board of Trade corn futures in the week to May 2, regulatory data released on Friday showed. The Commodity Futures Trading Commission's weekly commitments of traders report also showed that noncommercial traders, a category that includes hedge funds, increased their net short position in CBOT wheat and cut their net long position in soybeans. SUPPLEMENTAL Non-Comm Indexes Comm