The butchers in the Xinfadi wholesale food market, Beijing's largest, slouch on stools behind counters stacked with meat, occasionally looking up from their smartphone videos to call out to the few shoppers idly passing under the market's Lunar New Year decorations.
March ICE NY cocoa (CCH24 ) on Tuesday closed +31 (+0.60%), and Mar ICE London cocoa #7 (CAH24 ) closed +59 (+1.41%). Cocoa prices on Tuesday posted moderate gains, with NY cocoa climbing a new 46-year nearest-futures high and London cocoa climbing to a record high. Cocoa prices are surging...
(RTTNews) - Indian shares traded higher on Wednesday as investors weighed comments from Federal Reserve officials and a string of market stabilizing efforts by Beijing.
Oil edged higher for a third straight day on Wednesday after industry data showed U.S. oil stocks grew less than expected and the U.S. sharply cut its forecast for the country's oil output growth, easing concerns about potential oversupply.
Toyota Motor shares hit a record high on Wednesday after its earnings upgrade the prior day, with rivals Honda and Nissan also posting gains on expectations their solid hybrid lineups may benefit from cooling interest in electric vehicles.
China's largest chipmaker SMIC said the global semiconductor industry was seeing some bright spots after a year-long slump, but growth would be mild as the demand recovery was insufficient to support a "strong and comprehensive" rebound.
The defence ministers of South Korea and Qatar have agreed to expand joint military training and strengthen bilateral cooperation, Seoul's defence ministry said on Wednesday, amid a push by Seoul to boost global arms sales.
Metals prices flitted within a narrow range on Wednesday as traders gauged the lack of fresh market-moving catalysts and lacklustre trading ahead of a long public holiday in top consumer China.
Restructuring experts from Alvarez & Marsal will rely on China connections and a track record of complicated corporate overhauls as they try to engineer an outcome for property giant Evergrande that will involve creditors, authorities and home buyers.
(RTTNews) - The Hong Kong stock market on Tuesday ended the two-day slide in which it had fallen more than 50 points or 0.5 percent. The Hang Seng Index now rests just above the 16,130-point plateau and it's expected to open to the upside again on Wednesday.
Global stocks of diesel and other middle distillates are below normal and prices could start to rise quickly if the industrial economies of North America and Western Europe emerge from their lingering recession in 2024.
Australia's Woodside Energy said on Wednesday that discussions with Santos to create a possible A$80 billion ($52.22 billion) global oil and gas giant had collapsed.
(RTTNews) - Japanese auto major Toyota Motor Corp. (TYT.L, TM) revealed a $1.3 billion investment in its main Kentucky facility to drive future electrification initiatives, including the production of a new three-row battery electric SUV for the U.S. market. This project elevates
Harim Holdings said on Wednesday that talks to take over South Korea's biggest container shipper HMM had fallen through, in a deal that sources said was worth nearly $5 billion. [nL4N3DE03Q]
(RTTNews) - The China stock market on Tuesday ended the six-day losing streak in which it had plummeted nearly 210 points or 7.7 percent. The Shanghai Composite Index now rests just beneath the 2,790-point plateau and it may see additional support on Wednesday.