SINGAPORE — Chicago corn futures edged lower on Friday after making sharp gains in the previous session, but the market was poised for a second consecutive weekly rise on concerns over hot weather in parts of the U.S. Midwest. Read More
MELBOURNE — Australia’s power crunch has eased across the national electricity market (NEM), as more generation has come back online and households have cut their power use, the country’s energy market operator said on Friday. Read More
MELBOURNE — Australian coal-fired generators have brought 1,900 megawatts (MW) of capacity back on line since Wednesday, the industry group that represents generators said on Friday, easing blackout risks that have plagued the market this week. Read More
SHANGHAI — Joincare Pharmaceutical Group Industry Co said on Thursday it plans to list on the Swiss stock exchange in a bid to broaden financing channels and ramp up its global expansion. Read More
WASHINGTON — U.S. President Joe Biden, under pressure over sky-high gasoline prices, on Wednesday demanded oil refining companies explain why they are not putting more fuel on the market as they reap windfall profits. Read More
TOKYO — Japan ran its biggest single-month trade deficit in more than eight years in May as high commodity prices and declines in the yen swelled imports, clouding the country’s economic outlook. Read More
NAPERVILLE — Chicago-traded soybean futures are at their highest ever levels for mid-June despite the forecast for a record-large U.S. harvest this fall and a supply recovery into next year. Read More
Automaker Stellantis NV said on Tuesday it will begin an indefinite layoff starting next week at its Sterling Heights stamping plant in Michigan. Read More