Top Market Blogs

UPDATE 2-Samarco dam failed due to poor drainage and design -investigation

Commodity News - Mon, 08/29/2016 - 19:30
BELO HORIZONTE/RIO DE JANEIRO, Aug 29 (Reuters) - The deadly collapse of a tailings dam last November at the Samarco mine, owned by Vale SA and BHP Billiton, was caused by drainage and design flaws, a report into Brazil's worst-ever environmental disaster showed on Monday.
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UPDATE 1-Trade dispute, policy divisions hang over Trudeau trip to China

Commodity News - Mon, 08/29/2016 - 16:40
OTTAWA, Aug 29 (Reuters) - Canadian Prime Minister Justin Trudeau will visit Beijing this week seeking deeper ties with China but a trade dispute, government divisions over China policy and the case of a detained citizen could limit his gains.
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UPDATE 1-White House says it sees a path to approval of Pacific trade deal

Commodity News - Mon, 08/29/2016 - 15:25
WASHINGTON, Aug 29 (Reuters) - The White House said on Monday it could still win congressional approval of the Trans-Pacific Partnership trade pact before President Barack Obama leaves office, and warned that failing to do so would undermine U.S. leadership in the region.
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Investigation finds Samarco dam failed due to liquefaction

Commodity News - Mon, 08/29/2016 - 14:56
BELO HORIZONTE, Brazil, Aug 29 (Reuters) - An investigation launched by Brazilian miner Samarco, and its owners Vale SA and BHP Billiton, into the cause of a dam spill last November found the dam collapsed due to liquefaction, a presentation said on Monday.
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WHITE HOUSE SAYS NEXT PRESIDENT WILL BENEFIT ENORMOUSLY FROM HAVING TPP

Commodity News - Mon, 08/29/2016 - 14:42
WHITE HOUSE SAYS NEXT PRESIDENT WILL BENEFIT ENORMOUSLY FROM HAVING TPP
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White House says it sees a path to approval of Pacific trade deal

Commodity News - Mon, 08/29/2016 - 14:33
WASHINGTON, Aug 29 (Reuters) - The White House on Monday said it was hopeful it could win congressional approval of the Trans-Pacific Partnership trade pact before President Barack Obama leaves office, and warned that failing to do so would undermine U.S. leadership in the region.
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UPDATE 1-Canada's Ivanhoe Mines gets unsolicited interest, to hire bankers

Commodity News - Mon, 08/29/2016 - 12:05
Aug 29 (Reuters) - Canadian copper miner Ivanhoe Mines Ltd said on Monday that companies from Asia, Europe, Africa and elsewhere had expressed interest in the company and its projects in recent months.
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Trade dispute, policy divisions hang over Trudeau trip to China

Commodity News - Mon, 08/29/2016 - 11:47
OTTAWA, Aug 29 (Reuters) - Canadian Prime Minister Justin Trudeau visits Beijing this week seeking deeper ties with China but a dispute over canola exports, government divisions over China policy and the case of a detained citizen look set to limit his gains.
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Less haze this year, Indonesia promises

Commodity News - Mon, 08/29/2016 - 11:23
JAKARTA, Aug 29 (Reuters) - Indonesia's Disaster Agency said it is confident the country's forest fires and haze of toxic smoke they send over Southeast Asia are unlikely to reach levels seen in 2015 because of favourable weather conditions and a quicker emergency response.
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UPDATE 2-Chinese-owned Zhongwang USA to buy aluminum products maker Aleris

Commodity News - Mon, 08/29/2016 - 11:00
Aug 29 (Reuters) - Zhongwang USA LLC, a division of China's Zhongwang International Group Ltd., said on Monday it would buy U.S.-based aluminum rolled products maker Aleris Corp from a fund group in a $2.33 billion deal.
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Canada's Ivanhoe Mines gets unsolicited interest, to hire bankers

Commodity News - Mon, 08/29/2016 - 08:52
Aug 29 (Reuters) - Canadian copper miner Ivanhoe Mines Ltd said on Monday that companies from Asia, Europe, Africa and elsewhere had expressed interest in the company and its projects in recent months.
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China Zhongwang to buy U.S. aluminum products maker Aleris

Commodity News - Mon, 08/29/2016 - 08:29
Aug 29 (Reuters) - Aleris Corp, a U.S.-based aluminum rolled products maker, said it would be bought by a unit of Chinese aluminum products manufacturer China Zhongwang Holdings Ltd in a $2.33 billion deal.
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UPDATE 1-China's parliament proposes new environmental tax benefits -state media

Commodity News - Mon, 08/29/2016 - 08:06
BEIJING, Aug 29 (Reuters) - China's parliament has proposed increasing tax benefits for companies that cut pollution by more than the national standard, state media reported on Monday, the first details of a much-anticipated new code aimed at curbing the country's emissions.
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Sri Lankan stocks end lower on profit-taking

Commodity News - Mon, 08/29/2016 - 08:04
COLOMBO, Aug 29 (Reuters) - Sri Lankan shares fell for a second straight session on Monday in moderate volume as investors booked profits.
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Sri Lankan rupee ends firmer on exporter dollar sales

Commodity News - Mon, 08/29/2016 - 07:48
COLOMBO, Aug 29 (Reuters) - The Sri Lankan rupee ended firmer on Monday as exporter dollar sales surpassed importer demand for the greenback, dealers said.
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Sri Lankan rupee steady; exporter dollar sales offset importer demand

Commodity News - Mon, 08/29/2016 - 05:19
COLOMBO, Aug 29 (Reuters) - The Sri Lankan rupee traded steady on Monday as bank dollar sales by exporters offset importer demand for the greenback, dealers said.
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UPDATE 1-Russian diamond miner Alrosa's second-quarter sales tumble 21 pct q/q

Commodity News - Mon, 08/29/2016 - 04:08
* Says Russia to cancel rough diamonds export duty (Adds details, analyst comment, context)
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As Beijing aims for blue skies over G20, China's steel mills get unexpected boost

Commodity News - Mon, 08/29/2016 - 03:36
SHANGHAI, Aug 29 (Reuters) - When Beijing ordered hundreds of industrial plants to close ahead of China's first-ever G20 summit next week, the government wanted to spruce up the host city of Hangzhou and ensure world leaders would gather under clear blue skies.
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UPDATE 1-Malaysia's Felda Global Ventures posts 35 percent rise in profit

Commodity News - Mon, 08/29/2016 - 03:03
KUALA LUMPUR, Aug 29 (Reuters) - Felda Global Ventures , the world's third-largest palm plantation operator, reported a 35 percent rise in second-quarter earnings, supported by stronger crude palm oil production following measures to boost fruit yields.
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RPT-COLUMN-What do surging LME copper stocks say about China? Andy Home

Commodity News - Sun, 08/28/2016 - 21:00
LONDON, Aug 26 (Reuters) - A wave of copper is currently washing up in London Metal Exchange (LME) warehouses.
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