Economy
The global commodities market is closely watching copper flows as trading giant Trafigura reportedly plans to withdraw large volumes of copper from London Metal Exchange (LME) warehouses in the United States ahead of an expected tariff decision by Washington. According to industry sources, the move......
Bitcoin faces renewed pressure after repeated rejections near its 200 day moving average around 82000 dollars. The price structure shows growing weakness as buyers fail to reclaim key technical levels that previously supported upward momentum. Market positioning has shifted toward caution as traders......
Chocolate manufacturers are beginning to reverse cost-cutting changes introduced during the cocoa price crisis of 2024, as global cocoa prices continue to retreat sharply from record highs. After months of reducing cocoa content, adding fillers and relying on compound coatings, some major confectionery......
The United States Congress has moved forward with a legislative proposal aimed at removing countervailing duties on imported phosphate fertilizers from Morocco. Identical versions of the bill were introduced in both the Senate and the House of Representatives, signaling coordinated political momentum......
China officially confirmed Wednesday that it will purchase 200 Boeing aircraft and reopen its market to American beef, following last week's summit in Beijing between President Donald Trump and Chinese President Xi Jinping. The announcements represent a series of trade agreements emerging from the......
The extraordinary surge in artificial intelligence investment is reshaping more than stock markets. A growing number of economists and financial institutions now argue it is fundamentally altering the long-term trajectory of interest rates and government borrowing costs. Goldman Sachs projects that......
Three supertankers have carried around six million barrels of crude oil through the Strait of Hormuz in a single day, marking the largest recorded movement of oil cargo since the outbreak of the conflict involving the United States, Israel, and Iran in February 2026. The shipment was bound for Asian......
Lowe’s Companies Inc. has maintained its full-year financial forecast despite ongoing weakness in the U.S. housing market, which continues to affect consumer spending on home improvement projects. The company reported solid first-quarter sales that slightly exceeded market expectations, supported......
Qatar’s foreign ministry has stated that maritime traffic through the Strait of Hormuz has not returned to normal levels, rejecting suggestions that the strategic waterway is reopening. The announcement highlights continued disruption in one of the world’s most critical energy corridors,......
HFI Research warned that global oil markets could enter a period of “real panic” if the Strait of Hormuz remains closed into the first week of June, as crude inventories continue falling toward critical operational levels and countries accelerate emergency stockpiling efforts. The firm said......
The government of China has reaffirmed that its export controls on rare earth minerals are legal and in line with national regulations, while also expressing willingness to cooperate with the United States on what it described as “reasonable concerns.” The statement was issued by China’s......
Gold prices declined to their lowest level in six weeks as rising US Treasury yields and a stronger dollar reduced demand for non-yielding assets. The metal traded near 4,540 dollars per ounce after extending a month-long correction that has erased roughly 6 percent of its value. The downturn reflects......
The Asia-Pacific aviation sector is under severe financial strain as fuel costs surge, prompting warnings that weaker carriers could face collapse if conditions persist. The Association of Asia Pacific Airlines cautioned on Tuesday that jet fuel prices have doubled, creating what it described as a critical......
