Nov 22, 2024 | Markets
US Treasury market is closed until Monday morning in Asia Trump nominated hedge fund chief as Treasury Secretary Friday Hedge fund chief Scott Bessent’s Friday nomination to become the US Treasury Secretary is offering bond investors a glimpse into the incoming...
Nov 22, 2024 | Markets
Persistent inflation no longer top concern, Fed survey shows Fed releases its semi-annual financial stability report The US government’s debt load is now seen as the biggest risk to financial stability, outweighing persistent inflation in a Federal Reserve survey....
Nov 22, 2024 | Markets
University of Michigan final November sentiment at 71.8 Views diverged sharply between Democrats and Republicans US consumer sentiment rose in November by less than previously reported, reflecting deep divisions among Republicans and Democrats about the path for the...
Nov 22, 2024 | Markets
BHP reviews Australia assets as First Quantum halts mine Metal used in stainless steel and batteries extends losses A prolonged slump in nickel prices is stress-testing producers worldwide, raising the prospect of sweeping mine closures that will deepen Indonesia’s...
Nov 21, 2024 | Markets
French miner received 29% less ore sales quota than expected High ore price is a boon for local miners at smelters’ expense Indonesia is squeezing supplies of nickel ore to protect smaller local miners as the market for the battery metal endures a prolonged slump,...