Commodities
By Khanh Vu and Francesco Guarascio HANOI (Reuters) -Police in Vietnam have arrested six people accused of violating mining regulations, including the chairman of a company at the forefront of a drive to create a rare earth industry that could challenge China’s dominance of the sector. Vietnam’s government is planning…
SINGAPORE/LONDON (Reuters) – China will require export permits for some graphite products to protect national security, its commerce ministry said on Friday, in its latest move to control supplies of critical minerals in response to challenges over its manufacturing dominance. Here is what analysts and companies are saying about the…
By Nerijus Adomaitis OSLO (Reuters) – A Chinese container vessel and a Russian-flagged ship investigated over damage to a gas pipeline in the Gulf of Finland were also present at the sites, and at around the time two telecoms cables sustained damage, vessel tracking data showed. Early on Oct. 8,…
The DCE iron ore futures experienced a 3.17% drop on Friday, influenced by the stock market’s performance and an outflow of overseas funds. This outflow has affected investor confidence in the domestic financial market and has led to an ease in macroeconomic sentiment. The main contract closed at 839, marking…
(Reuters) – Extreme heatwaves in Texas fueled a 22% rise in flaring incidents in the Permian shale basin in the 12 months ended September, analytics firm Enverus said in a note. Satellite data from the largest U.S. shale basin showed flaring, or the burning of unwanted gas, hitting near three-year…
By Nidal al-Mughrabi GAZA (Reuters) – Israel’s military has warned Gaza residents that they risk being identified as accomplices “in a terrorist organisation” if they do not move south, Palestinians there said, amid growing humanitarian fears with little aid being allowed in. More than a million people lived in the…
CANBERRA (Reuters) – Australian farm industry groups on Monday called on the government to not sign a trade deal with the European Union unless it offered much greater market access for Australian agricultural products. Australia, one of the world’s biggest exporters of farm goods from wheat and beef to wool…
By Mohi Narayan NEW DELHI (Reuters) – Oil prices slid more than $1 on Monday as diplomatic efforts grew over the weekend to contain the conflict between Israel and the Palestinian Islamist group Hamas, although Gaza continued to be bombarded. futures fell 79 cents to $91.37 a barrel, as of…
Investing.com– Gold prices rose sharply on Wednesday, nearing a one-month high as a potential escalation in the Israel-Hamas war drove up safe haven demand, while prices also rose tracking a positive reading on China’s economy. A blast at a Gaza hospital, which reportedly killed hundreds of Palestinians, marked a potential…
By Clark Mindock (Reuters) -An Alaska state agency on Wednesday sued the Biden administration over its decision to cancel oil and gas leases in the state’s North Slope, one of the country’s largest reserves of pristine federal land. The lawsuit filed in federal court in Washington, D.C., challenges the U.S.…