Commodities

With the Strait Open is Ordeal Closed?

The announcement of a ceasefire in Iran has revived investor enthusiasm and marks a crucial step toward the reopening of the Strait of Hormuz. However, tensions persist, and the aftermath of this...

Iranian chaos is playing into the Kremlin's hands

The Middle East is on fire, and Russia is breathing easier. A surge in oil prices and a loosening of sanctions are giving fresh oxygen to the Kremlin's war economy.

Iran conflict: rising oil prices could accelerate airline fleet renewal

In a note published this morning, Jefferies analysts examine the implications of the recent rise in crude oil prices for the airline sector and commercial aerospace.

Nigeria directs all oil, gas revenues to federation account in sweeping reform

Nigerian President Bola Tinubu has signed an order directing that all oil and gas revenues owed to the government be paid directly into the federation account, in sweeping reforms aimed at boosting...

India markets regulator proposes new ETF pricing bands to curb mispricing

India's markets regulator proposed rule changes on Friday to how exchange-traded funds are priced, aiming to narrow gaps between ETF prices and the value of their underlying securities. ...

Singapore raises 2026 growth forecast on global economic momentum and AI demand

Singapore raised its growth forecast for this year to a range of 2% to 4% after a stronger-than-expected finish to 2025,  saying on Tuesday that the global economic outlook was supportive and the AI...

China's central bank buys gold for 15th consecutive month

China's central bank extended its gold buying spree for a 15th month in January, data from the People's Bank of China showed on Saturday. The country's gold holdings rose to 74.19...

Barrick to press ahead with IPO of North American gold assets, names Hill CEO

Barrick Mining said on Thursday it would move forward with preparations for an initial public offering of its North American gold assets and named interim head Mark Hill as its chief executive and...

Hang Seng Gold ETF jumps over 9% on debut as spot gold hits record

The Hang Seng Gold ETF surged more than 9% on its trading debut in Hong Kong on Thursday as spot gold rallied to a record just below $5,600 an ounce, with investors seeking safety amid geopolitical...

Gold rushes to record high above $5,000/oz

Gold surged to a record high above $5,000 an ounce on Monday, extending a historic rally as investors piled into the safe-haven asset amid rising geopolitical tensions. Spot gold rose...

Indian shares join global rebound after Trump drops EU tariff threat over Greenland

Indian shares advanced on Thursday, tracking a rebound in global equities after U.S. President Donald Trump stepped back from threats to impose tariffs on eight European countries as leverage to seize...

Dollar edges lower as Greenland concerns ease; Aussie jumps after jobs data

The safe-haven dollar slipped on Thursday, while risk-sensitive currencies such as the euro and sterling firmed after President Donald Trump dropped tariff threats and ruled out seizing Greenland by...

Wall Street ends lower amid global selloff on Trump Greenland tariff threats

All three major Wall Street indexes closed well down on Tuesday, joining other global stock markets in a broad selloff triggered by concerns that fresh tariff threats from President Donald Trump...

Global investors hit 'hyper-bull' as hedging collapses, says BofA survey

Global fund managers are the most bullish since July 2021, January's Bank of America survey showed on Tuesday, with growth optimism jumping and cash levels sinking to a record low 3.2%. ...

World markets jolted, dollar dips as Trump vows tariffs on Europe over Greenland

Global markets are facing volatility after President Donald Trump vowed to slap tariffs on eight European nations until the U.S. is allowed to buy Greenland, injecting fresh trade uncertainty as...

Caledonia plans to spend $132 million on Zimbabwe's biggest gold mine this year

Caledonia Mining Corporation plans to spend $132 million this year to launch development of what, once operational, will be Zimbabwe's largest gold mine, the company announced on Wednesday. ...

Bank of Thailand deputy governor expects GDP rebound in Q4, limited policy space (Jan 6)

Bank of Thailand Deputy Governor Piti Disyatat on Tuesday said the nation's economic growth was expected to turn positive in the fourth quarter of 2025, though he added that policymakers need to be...

TSX records biggest annual gain in over 15 years despite year-end retreat

Canada's main stock index closed down on Wednesday, as falling metal prices pressured mining stocks and pulled the benchmark lower on the final trading day of a remarkable year for Canadian equities. ...

Canada's Robex greenlights $1.45 billion merger with Australia's Predictive Discovery

Australia's Predictive Discovery said on Wednesday, shareholders of Canada's Robex Resources approved a A$2.17 billion merger, paving the way to create a mid-tier gold producer in West Africa. ...