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Nickel stocks, tracked by the Shanghai Futures Exchange, fell by 5% last week to 29,120 tonnes, updating the minimum since November 2015, the trading data showed. The fall in stocks has not stopped since January this year. Zinc reserves increased by 7.6% over the week to 96 thousand 957 tonnes. Growth is observed for the second week in a row after a decrease in the last 10 weeks. Reserves of lead reached 10 thousand 795 tons, increased by 6% over a week. The reserves of aluminum decreased by 1% to 975 thousand 646 tons. Reserves of copper amounted to 253 thousand 17 tons, decreased by 1.2%.
On Friday, the Chinese technology company ByteDance said that it would consider listing its domestic businesses in Hong Kong or Shanghai due to rising Sino-U.S. tensions. The company's standalone listing in Hong Kong or Shanghai might value ...
Asian shares recorded a turbulent session on Friday as weak economic data from the United States and surging coronavirus infections worldwide dragged market confidence. The decline followed despite upbeat U.S. tech gains and signs of rebound ...
Asian stocks advanced on the prospect of ultra-easy monetary policy as the U.S. Federal Reserve kept interest rates near zero. Fed deemed it necessary to salvage the ailing economy, dragging the dollar down to a two-year low. The target range ...
On Wednesday, European stocks rose slightly after mixed earnings reports. However, the new wave of the coronavirus outbreak kept investors cautious while they also wait for the U.S. Federal Reserve’s announcement. The Stoxx Europe 600 ...
European shares fell earlier on Monday, weighed down by travel stocks after the U.K. placed a quarantine on travelers from Spain as the number of COVID-19 cases continue to surge. The pan-European STOXX index lost 0.5% at 0718 GMT. Meanwhile, ...
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