Commodities

Commodities

There are oil bargains in Asia after virus batters demand

SINGAPORE (Feb 5): Oil sellers are looking for alternative buyers in Asia for prompt cargoes as Chinese demand dries up because of the coronavirus and some customers ask to defer purchases.

Commodities

Citi doesn't see oil revival from virus until 4Q

SINGAPORE (Feb 4): Citigroup Inc slashed its price forecasts for commodities from oil to copper and iron ore as it said the impact of the coronavirus looks much worse than it initially thought.

Commodities

BlackRock has bigger guns in its armoury

(Jan 31): BlackRock Inc, the world’s largest asset manager, says it will cut exposure to companies linked to thermal coal, among other climate-friendly measures. It’s a powerful signal.

Commodities

Misery looms over top coal shippers as China to buy less in 2020

SINGAPORE (Dec 23): China isn’t cutting back on consumption of the most-polluting fossil fuel just yet, but it is set to reduce imports.

Commodities

Oil conundrums

Persistently low crude oil prices have hampered upstream and midstream activity. This has been worsened by the increasing emphasis on sustainability and decarbonisation.

Commodities

Despite slow recovery, some locally listed O&M players outperform STI

SINGAPORE (Dec 2): Year to date, the Straits Times Index has climbed 4.8% to close at 3,215.53 points on Nov 27.

Commodities

ICBC Standard Bank plans to shut base metals, equities units

(Nov 10): ICBC Standard Bank, a venture between the biggest lenders in China and Africa, will close its base metals and equities businesses because of poor performance and difficult market conditio

Commodities

Asia's chocolate bonanza sparks quest for locally grown beans

(Aug 22): Asia's cocoa industry is scouring for ways to boost local bean supplies as the region's chocoholics munch through more candy than ever.

Commodities

Gold's rally to 6-year high spurs people to sell their old Tiffanys and Rolexes

(June 26): Fund managers aren’t the only ones feeling the tailwind from gold’s rally to a six-year high.

Commodities

Noble Group to take stake in Australian rare earths developer Arafura

MELBOURNE (June 20): Commodities trading firm Noble Group is set to take a small stake in ambitious Australian rare earths developer Arafura, raising its exposure to strategic minerals critical to

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