Lithium producers Allkem, Livent to combine in $10.6bn deal NEW YORK: Lithium companies Allkem Ltd and Livent Corp said on Wednesday they will combine in an all-stock $10.6... Published 11 May, 2023 05:54am
Technology German software giant SAP to cut 3,000 jobs FRANKFURT: German software giant SAP on Thursday said it planned to cut some 3,000 jobs this year, joining a wave of... Published 26 Jan, 2023 02:49pm
Markets Tin on rebound as China scoops up surplus metal LONDON: Tin’s rollercoaster ride spins into the New Year, promising more thrills and spills after a tumultuous... Published 25 Jan, 2023 06:25am
Markets Tin must tame its wildness to meet coming demand surge LONDON: The world is going to need another 50,000 tonnes of tin per year by 2030 to meet a looming surge in demand,... Published 07 Dec, 2022 05:54am
Markets Copper hits highest in over two weeks on easing of China Covid curbs LONDON: Copper prices jumped to their highest in over two weeks on Friday in a volatile session as investors cheered... Published 05 Dec, 2022 05:47am
Markets Copper supported by hopes interest rates may soon peak LONDON: Copper prices rose on Monday, supported by rising imports of the industrial metal by top consumer China and... Published 09 Aug, 2022 03:37am
Markets Gold prices decline KARACHI: Gold prices on Wednesday saw a sizeable fall in the local market, traders said. Prices of the precious ... Published 09 Jun, 2022 06:18am
Markets Gold prices slightly up KARACHI: Gold prices on Friday witnessed some momentum in the local market, traders said. The precious metal was... Published 04 Jun, 2022 04:18am
World US Justice Dept probes suspected manipulation of Platts benchmarks WASHINGTON: The US Department of Justice is investigating suspected manipulation of energy pricing benchmarks... Published 05 Oct, 2021 04:34am
Markets London copper dips as investors await Jackson Hole meeting The much-awaited Jackson Hole meeting could unveil plans to cut stimulus in the world's biggest economy and boost the dollar Published 27 Aug, 2021 11:32am
Markets LME aluminium could test resistance at $2,626 this week SINGAPORE: LME aluminium could test a resistance at $2,626 a tonne this week, a break above could lead to a gain at... Published 24 Aug, 2021 05:02am
Markets Chinese nickel producer Jien halts cathode output SHANGHAI: Jilin Jien Nickel, a nickel producer in northeast China, has halted output of nickel cathodes because they... Published 24 Aug, 2021 05:02am
Markets Copper rises after recent fall, set for biggest weekly loss in 2 months Three-month copper on the London Metal Exchange rose 1% to $8,985.50 a tonne by 0302 GMT Updated 20 Aug, 2021 11:53am
Markets Gold in Asia SINGAPORE: Spot gold may slowly drop towards a range of $1,687-$1,704 per ounce, driven by a wave C. This wave ... Published 12 Aug, 2021 04:34am
Markets Copper steadies after hitting 10-week low LONDON: Copper steadied on Monday, having hit its lowest level since mid-April after moves by China to rein in... Published 22 Jun, 2021 04:46am
Markets Spot gold may test resistance at $1,919 This former resistance has turned into a strong support, which serves as a limit to a correction from the current level. Published 31 May, 2021 11:33am
Markets Copper prices sink LONDON: Copper prices fell on Wednesday as rising inflation pushed investors into a risk-off sentiment, offsetting... Published 20 May, 2021 04:26am
Markets Spot gold may test resistance at $1,847 A break above the trendline would be a major victory of bulls, as it confirms a reversal of the downtrend from $2,072.50. Published 10 May, 2021 11:14am
Markets Copper hits 10-year peak LONDON: Copper prices soared to 10-year highs on Monday as Chile supply concerns, sliding inventories, a weaker... Published 27 Apr, 2021 03:02am
Markets PMEX daily trading report KARACHI: On Wednesday, at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 11.905... Published 16 Apr, 2021 03:40am
Markets Spot gold to rise to $1,746 The metal broke both the resistance and a falling trendline. Published 05 Apr, 2021 08:53am
Markets China’s aluminium imports underpin physical premium surge LONDON: Japanese aluminium buyers have agreed to pay the highest premium in six years to get their metal in the... Published 03 Apr, 2021 03:41am
Markets Copper dips as stronger dollar offsets supply concerns LONDON: Copper prices came under pressure on Thursday from a higher dollar and spiking US Treasury bond yields, but... Published 19 Mar, 2021 05:32am
Markets LME copper may rise towards Feb. 25 high of $9,617 this week Strategically, the target of $9,617 will be confirmed when copper breaks $9,166. A break below $8,661 could cause a limited fall to $8,435. Published 08 Mar, 2021 02:35pm
Markets Spot gold may test support at $1,691 The break confirmed the continuation of the wave C towards its target zone. Published 04 Mar, 2021 10:05am
Markets Gold prices fall KARACHI: Gold prices on Wednesday saw another fall on the local market, traders said on Wednesday. After a decline... Published 18 Feb, 2021 04:08am
Markets Platinum rally pauses in Asia SINGAPORE: Platinum retreated from a near 6-1/2-year high in Asian trade on Tuesday as prices hit a technical... Published 17 Feb, 2021 04:24am
Markets Spot gold may retest support at $1,818 A further gain above $1,840, however, could indicate an extension of the uptrend from the Feb. 4 low of $1,784.76 towards $1,853-$1,875 range. Published 16 Feb, 2021 11:19am
Markets Copper hovers near 8-year high as Chinese holiday starts LONDON Copper took a breather on Thursday as Chinese markets closed for the week-long Lunar New Year holiday after... Updated 12 Feb, 2021 11:47pm
Markets Gold prices fall KARACHI: Gold prices on Thursday fell slightly on the local market, traders said. After a fall of Rs 200, the yellow... Updated 12 Feb, 2021 11:46pm
