Feb 4, 2024 | Markets
Processing fees hit record low as smelters compete for ore Nation’s capacity expansion is likely to continue regardless Years of relentless growth are finally catching up with China’s copper smelters. Stung by disappearing profits, the country’s top industry body last...
Feb 2, 2024 | Markets
Investors not bothered by change in timing of rate cuts: BofA Magnificant Seven technology stocks driving S&P 500 returns The rush into technology stocks is resembling the bubble of 1999, reflecting an assumption that the economy will perform strongly despite...
Jan 31, 2024 | Markets
Central-bank purchases, OTC buying key to rising consumption Fed’s expected pivot is seen spurring additional accumulation Total gold demand hit a record last year and is expected to expand again in 2024 as the US Federal Reserve moves toward cutting interest rates,...
Jan 30, 2024 | Markets
Share of top 10 stocks are nearing historical 2000 peak Strategists warn of a pullback led by top US equities The dominance of the 10 biggest stocks in US equity markets is increasingly drawing similarities with the dot-com bubble, raising the risk of a selloff,...
Jan 5, 2024 | Markets
Steep drop in raw prices could indicate relief for consumers Fall in wholesale prices take time to feed through to retail Global food prices posted the biggest annual drop since 2015, amid signs that lower wholesale food prices are starting to feed through to...