Has North Korea triggered a metal commodities rally?
Major U.S. and global indices slid for a second straight week as the sabre rattling continued between the US and North Korea. The S&P 500 Index fell 1.5 …
Israel’s largest mining corruption scandal hits diamond magnate
Israeli diamond magnate Beny Steinmetz and four others were taken into custody by Israeli police on suspicion of fraud, forgery, obstruction of justice and …
Daily Masala
Here is what others are talking about this morning: Gold prices inch up ahead of minutes from latest Fed meeting Oil prices edge up on falling US crude stocks, …
Data – China’s steel output hits record in July at 74 million tonnes
China’s steel output rose 10.3 percent year on year to 74.02 million tonnes, a monthly record, as steel mills continued to increase production despite a …
Loopholes in tax laws allows Indian traders to import duty-free gold from South Korea
Taking advantage of a recent change in tax law that allows importers to ship in gold without paying a 10 percent customs duty, Indian traders are likely to …
Daily Masala
Here is what others are talking about this morning: Oil markets steady as strong demand is met by ample supplies Gold slips from over 2-month high as dollar …
China keen on curbing price rally in rare earth metals to avoid chaos
China’s regulators are trying to cool down the price rally of rare earth, which has seen a sustained price increase since the beginning of this year, …
Daily Masala
Here is what others are talking about this morning: Dollar hits eight-week low vs. yen, North Korea tensions spook investors Oil prices flat as oversupply …
Daily Masala
Here is what you need to know as you start your day: Asia stocks steady, treasury prices off highs as risk aversion settles Oil prices edge higher after U.S. …
Trade indicator points to continued modest recovery of world trade in third quarter, says WTO
The World Trade Organization (WTO) said its latest outlook indicator suggests that global merchandise trade growth will continue to strengthen in the third …