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METALS-Copper steady; zinc rises on demand boost ahead of Phase 1 trade deal

London copper prices steadied on Monday after falling sharply in the previous session, while zinc hit a two-week high as the soon-to-be signed Phase 1 trade deal between the United States and China boosted prospects of higher demand. A Chinese delegation is planning to travel to Washington on Jan. 13 for the signing of the U.S.-China Phase 1 trade deal, the South China Morning Post reported on Sun

[ reuters.com ] companyNews,

EMERGING MARKETS-Chilean, Mexican pesos hit 2-week lows as Middle East tensions rise

The Chilean and Mexican pesos slid to two-week lows against the dollar as investors turned risk averse after a U.S. air strike in Iraq killed a top Iranian commander, causing tensions to flare in the Middle East. Major-General Qassem Soleimani, head of Iran's elite Quds Force, died in an air strike on Baghdad airport, prompting Iran's Supreme Leader Ayatollah Ali Khamenei to vow harsh revenge. Leaders from many other voiced concern

[ reuters.com ] companyNews,

EMERGING MARKETS-Chilean, Mexican pesos hit 2-week lows as Middle East tensions grip

The Chilean and Mexican pesos slid to two-week lows against the dollar as investors turned risk averse after a U.S. air strike in Iraq killed a top Iranian commander, causing tensions to flare in the Middle East. Major-General Qassem Soleimani, head of Iran's elite Quds Force, died in a strike on Baghdad airport, prompting Iran's Supreme Leader Ayatollah Ali Khamenei to vow harsh revenge. "It (Iran) would certainly have to weigh the risk of

[ reuters.com ] companyNews,

METALS-Shanghai aluminium slips to 2-week low as China stocks climb

Shanghai aluminium prices fell in early trade on Friday, having hit a more than two-week low under 14,000 yuan ($2,009.96) a tonne overnight on signs that stocks in top consumer China were rising again after a protracted drop over 2019. Chinese aluminium inventories <0#SMM-ALINV> climbed by 18,000 tonnes, or 3%, to 610,000 tonnes between Dec. 26 and Jan. 2, according to industry data provider SMM. The Shanghai Futures Exchange (ShFE) is due to report

[ reuters.com ] companyNews,

METALS-London aluminium drops as Hydro restarts Brazil operations; tin sinks

London aluminium prices fell on Monday, heading for their first drop in seven sessions after Norsk Hydro said it had resumed bauxite production in Brazil and was ramping up alumina output, while tin hit a more than two-week low. Bauxite is a rock refined to make alumina, which is then used to produce aluminium metal. A power outage earlier this month had affected production at Hydro's Paragominas min

[ reuters.com ] companyNews,

METALS-London aluminium drops on Hydro restarts; tin sinks

London aluminium prices fell on Monday, heading for their first drop in seven sessions after Norsk Hydro said it had resumed bauxite production in Brazil and was ramping up alumina output, while tin hit a two-week low. Bauxite is a rock refined to make alumina, which is then used to produce aluminium metal. A power outage earlier this month had affected production at Hydro's Paragominas mine and Alunorte alu

[ reuters.com ] companyNews,

Jimmy Carter hospitalized again over the weekend

Former President Jimmy Carter returned to the hospital over the weekend for a urinary tract infection, less than a week after he had left an Atlanta hospital following a two-week stay.

[ cnn.com ]

Pensioners and students gather for Hong Kong protest

Secondary-school students and retirees joined forces at a protest in Hong Kong on Saturday, the first of several rallies planned across the China-ruled city a day after police withdrew from a university that had been rocked by a two-week siege.

[ reuters.com ] topNews,
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