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CHART: Mining stocks enjoy a $206 billion fortnight
The world's 50 biggest miners are having a stonking August and have been running ahead of the Magnificent 7 all year. Before anyone opens anything, big tech is still worth ten times the entire ranking.
Onion prices jump to Rs 27/kg at Lasalgaon amid delayed kharif crop arrival from South India
Wholesale onion prices have surged significantly in the past week. The government plans to sell buffer stock onions to control rising prices. A delayed kharif crop from southern India is expected to further increase costs. Onion quality has suffered globally due to erratic weather conditions.
S&P 500 hits record high as rate-hike worries ease
The S&P 500 climbed to a record high on Thursday, fueled by advances in Sandisk and other heavyweight technology stocks, as tame producer price inflation data supported expectations the Federal…
Sugar mills unlikely to advance crushing season despite promise to govt: Industry officials
Most sugar mills will not advance their crushing season by fifteen days. A significant shortage of migrant labor remains the primary obstacle for mills.
US, China Gap on Critical Minerals 'Won't Change Overnight,' Say REalloys CEO
Lipi Sternheim, REalloys CEO, said that his company is working closely with the US Army to get a critical mining operation underway on US military base and that the US government's interest in…
Still Seeing Credit Stress Under Surface: Cudzil
Jerry Cudzil generalist portfolio manager, fixed income at TCW, joins Emily Graffeo on "Real Yield." As a flood of debt sales by US tech companies ripples through the credit market, it seems to be triggering an inadvertent rise in risk metrics for some of the world’s safest firms. (Source: Bloomberg)