Thursday, October 24, 2024

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Goldman Slashes Copper Forecast on Softening Chinese Demand

(Bloomberg) -- China’s increasingly disappointing economic recovery will delay an expected rally in copper, said Goldman Sachs Group Inc. as it slashed its forecast...

Exclusive-Tesla plans six-seat Model Y, production slated for 2025 in China, sources say

SHANGHAI (Reuters) - Tesla plans to produce a six-seat variant of its Model Y car in China from late 2025, two people with direct...

A decision on a major policy shift on marijuana won’t come until after the presidential election

WASHINGTON (AP) — A decision on whether to reclassify marijuana as a less dangerous drug in the U.S. won't come until after the November...

China says it will start anti-dumping probe into canola imports from Canada

BEIJING (Reuters) - China plans to start an anti-dumping investigation into canola imports from Canada, the commerce ministry said on Tuesday, a retaliatory move...

Oil Steady as China Demand Concerns Offset Libyan Disruptions

(Bloomberg) -- Oil was steady as concerns over China’s economic outlook offset supply disruptions in Libya.Most Read from BloombergBrent traded near $77 a barrel...

Japanese Bus Group Sets Up Forex Fund to Survive Population Fall

(Bloomberg) -- A unit of Ryobi Holdings Co., a bus route operator in rural Japan, is setting up an AI-powered hedge fund specializing in...

Stocks tiptoe towards US manufacturing, jobs data

By Tom WestbrookSINGAPORE (Reuters) - Bond yields drifted higher on Tuesday, while currencies and Asia's stock markets steadied as investors waited on a raft...

Oil prices fall as weak demand overshadows Libya blockade

By Colleen HoweBEIJING (Reuters) - Brent oil prices slid in Asian trade on Tuesday as concern about a sluggish economy in China bringing down...

Japanese companies cannot use national security cover to block takeovers, official says

By Makiko Yamazaki and Ritsuko ShimizuTOKYO (Reuters) - Japanese companies cannot use a national security designation as a tool to thwart foreign takeovers, a...

Japanese companies cannot use national security cover to block takeovers, official says

By Makiko Yamazaki and Ritsuko ShimizuTOKYO (Reuters) - Japanese companies cannot use a national security designation as a tool to thwart foreign takeovers, a...

Dollar steady as traders brace for labour data deluge

By Ankur BanerjeeSINGAPORE (Reuters) - The dollar held close to a two-week high against the yen and the euro on Tuesday as investors geared...

Coal Generates Less Than Half of Australian Power for First Time

(Bloomberg) -- The high winds that have been lashing southeastern Australia over the past few days have pushed coal-fired power below 50% of the...

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