Steel rebar futures fell to around CNY 3,070, retreating from multi-week highs to four-week lows as weak construction activity and elevated rebar inventories continued to weigh on sentiment. China’s property market remained under pressure, with new home prices falling year-on-year in July, while rebar stockpiles stayed above year-ago levels. Weak mill profitability also limited buying ...
Copper futures fell to around $6.55 per pound on Monday, retreating from recent gains as a sharp build-up in exchange inventories eased concerns over near-term supply tightness.
Oil prices fell sharply on Monday as signs of improving traffic through the Strait of Hormuz eased concerns over Middle East supply disruptions, with Iran reportedly allowing some Iraqi oil tankers to…
With over 80% of oil and gas exports from the Middle East normally destined for the Asia-Pacific region, the chokepoint in the Strait of Hormuz has revealed a key vulnerability.
Hang Seng Bank says it continues to invest in its wealth centre network to capture growing demand from high-net-worth clients, even as Hong Kong’s wealth management industry faces uncertainty amid…
Jefferies issued a research note highlighting concerns about currency debasement and the US fiscal situation, suggesting mining shares could serve as a hedge against these risks.
The US is scooping up treasury bonds in an effort to raise their price and push yields down – but it’s not working The bond market is driving the Trump administration crazy.
