Article content Zinc prices in London slipped on Tuesday, as higher inventories in exchange warehouses raised concerns over tepid demand despite prospects of disrupted supply amid an energy crisis. Three-month zinc on the London Metal Exchange was down 0.7% at $3,420.50 a tonne, as of 0540 GMT, retreating from a six-week high scaled on Aug. […]
Article content MUMBAI — India’s NTPC Ltd plans to raise funds by selling commercial papers maturing in three months, three merchant bankers said on Monday. The state-run power company will offer a yield of 5.79% on this issue, and it has received commitments worth around 15 billion rupees ($188.41 million), they said. The notes are […]
Breadcrumb Trail Links PMN Business Author of the article: Reuters Florence Tan Article content SINGAPORE — Oil prices bounced higher from multi-month lows on Monday as investors’ appetite improved following data on U.S. jobs and Chinese exports data that eased recession concerns. Brent crude futures had risen 81 cents, or 0.9%, to $95.73 a barrel […]
Article content TOKYO — Japan’s Nikkei index ended at a more than four-month high on Monday, as investors scooped up stocks that reported robust outlook, while caution ahead of the release of U.S. consumer prices report limited gains. The Nikkei share average rose 0.26% to 28,249.24, its highest close since March 29. The index, which […]
Article content ISTANBUL — Two more ships, carrying corn and soybeans, departed from Ukrainian Black Sea ports on Monday, Turkey and Ukraine said, taking the total to ten since the first ship sailed last week under a deal with Russia to unblock Ukrainian grain exports. The United Nations and Turkey brokered the agreement last month […]
Breadcrumb Trail Links PMN Business Author of the article: Reuters Jamie Freed and Donny Kwok Publishing date: Aug 08, 2022 • 21 minutes ago • 2 minute read • Join the conversation Article content Air traffic around Taiwan is gradually returning to normal after airspace surrounding the island reopened, Taiwan’s Ministry of Transportation and Communications said […]
TAIPEI — Taiwan’s transport ministry said flights through its airspace had gradually resumed on Sunday about noon as most notifications for Chinese military drills near the island were “no longer in effect.” Read More
BEIJING — Chinese President Xi Jinping may not have been able to stop Nancy Pelosi’s visit to Taiwan, but he ordered his country’s military to rehearse a much more aggressive step: a blockade crucial to taking the island by force, security experts say. Read More
BEIRUT — The first grain ship to leave a Ukrainian port under a deal brokered last month will not arrive in Lebanon on Sunday as planned, the Ukrainian embassy in Lebanon said. Read More
DUBAI — Kuwait’s Agility, one of the largest Gulf logistics companies, said on Sunday it had signed a new credit facility of 1.4 billion euros. Read More