Fed's Bostic: possible Fed could lower rates in late 2024 - CNBC

Federal Reserve Bank of Atlanta President Raphael Bostic said on CNBC Friday that while inflation remains too high it is coming down amid mounting evidence of an economic slowing, and that could open the door to easier monetary policy late next year.

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20-10-2023

China, world's top graphite producer, to curb exports of key battery material

BEIJING (Reuters) -China said on Friday it will require export permits for some graphite products to protect national security, in its latest move to control supplies of critical minerals in response to challenges over its global manufacturing dominance.

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20-10-2023

Vietnam arrests rare earth industry officials, casting shadow over plans to rival China

HANOI (Reuters) -Police in Vietnam have arrested six people accused of violating mining regulations, including the chairman of a company at the forefront of a drive to create a rare earth industry that could challenge China's dominance of the sector.

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20-10-2023

Crunch time for Brazil ports as coffee flow hit, sugar faces delays

Brazil's commodities export hubs are strained with record volumes of soy, corn and sugar to be moved at a time of the year when rains start to increase in southern ports, according to traders, analysts and shipping data.

newspaper

19-10-2023

China's new home prices extend declines, defying broader recovery

BEIJING (Reuters) -China's new home prices fell for the third straight month in September, official data showed on Thursday, dashing hopes of a turnaround in demand during a traditionally peak month for home buying despite efforts to revive the crisis-hit property sector.

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19-10-2023

Rio Tinto cuts Canada iron ore production estimate on extended plant outage

(Reuters) -Rio Tinto reported a rise in quarterly output across its copper and aluminium portfolios on Tuesday, sending its shares 3% higher, even as the miner cut its annual estimate for the Canadian iron ore business due to operational failures.

newspaper

17-10-2023

Canadian firms see inflation easing somewhat amid flagging demand

OTTAWA (Reuters) -More Canadian firms see inflation easing over the next two years than in the previous quarter, while the business outlook fell to its lowest level since the pandemic, the Bank of Canada said on Monday in a third-quarter survey.

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16-10-2023

Biden takes jobs message to Republican hardliner Lauren Boebert's district

President Joe Biden will highlight clean-energy jobs created by his climate legislation on Monday while visiting a Colorado Congressional district represented by Lauren Boebert, a right-wing Republican lawmaker and avid supporter of former President Donald Trump.

newspaper

16-10-2023

Japan's manufacturers' sentiment weighed by overseas risks - Reuters Tankan

Business morale at large Japanese manufacturers was subdued in October, although the services-sector mood edged up, the Reuters Tankan poll showed, as upbeat domestic demand helped partly offset the hit to the economy from global headwinds.

newspaper

10-10-2023