Why are investors flocking to copper? April 5, 2024 If Chinese smelters agree collective production cuts, global supply will likely tighten significantly
Taiwan earthquake: Strongest in 25 years causes buildings to collapse and a small tsunami April 3, 2024 The quake, which Taiwan’s earthquake monitoring agency measured at a magnitude 7.2 on the Richter scale, damaged buildings and caused a small tsunami.
FTSE 100 today: London markets to open red as Fed rate-cut odds dwindle, spurring global decline April 3, 2024 Asian shares mirrored Wall Street's decline, while gold reached a record high and oil prices rose. China's services sector experienced accelerated growth. Taiwan was hit by its strongest earthquake in almost 25 years. Investors awaited Fed Chair Jerome Powell's speech and the release of the US Services PMI data.
Tesla misses delivery targets by over 60,000 cars as growth grinds to a halt April 2, 2024 Tesla missed the consensus Wall Street estimate of 449,080 deliveries by more than 62,000, its largest margin to date.
FTSE 100 today: London markets set to open higher, mirroring Asian peers after Easter holiday April 2, 2024 Hong Kong leads Asian stocks higher as the yen holds steady below 152 amid intervention threats. Meanwhile, the likelihood of a June rate cut by the US Federal Reserve drops to around 60 per cent. Focus remains on speeches by several Fed officials and the upcoming US monthly jobs report.
China’s March factory activity sparks hope for recovery, but clouds of uncertainty persist April 1, 2024 China's manufacturing sector saw its highest growth in over a year in March as firms resumed and sped up production post-Lunar New Year, according to an official survey.
FTSE 100 today: London markets poised for quiet start as traders take break before Easter March 28, 2024 Asian shares stay calm despite the S&P 500 hitting a new high. The US dollar holds firm post comments from the Federal Reserve's Waller. Attention turns to possible yen intervention by Japan, while gold prices decline. Investors await updates on US consumer confidence and UK Q4 GDP.
Why China’s growing dominance in wind power should worry the West March 27, 2024 accounted for two-thirds of the entire global build in 2023 and now boasts a 77GW portfolio
FTSE 100 today: London markets brace for flat open as global rally takes breather March 27, 2024 Asian markets followed Wall Street's dip, oil prices fell, and Donald Trump's media firm made a strong debut. Investors are now focused on the imminent release of US PCE inflation data for further cues.
China’s cyber-attacks are democratic threat and business opportunity March 26, 2024 How you doing, my old China? That was certainly the tone of the UK’s attitude towards Sino-British relations when the current foreign secretary, David Cameron, was Prime Minister. He even took a confused-looking Xi Jinping for a pint in the Cotswolds. As yesterday’s parliamentary announcements made clear, things have changed. China’s cyber attack on the [...]