HANOI, Jan 15 Most base metals rose on Tuesday
as China signalled more supportive measures to stabilise a
slowing economy and U.S. President Donald Trump raised hopes of
reaching a trade deal with Beijing.
HANOI, Jan 15 Shanghai copper and aluminium
inched down on Tuesday after weak Chinese trade data
disappointed investors, although metals traded in London drew
some support from U.S. President Donald Trump's comments on
reaching a trade deal with China.
MO CAY, Vietnam In the dead of night, the entire front half of shopkeeper Ta Thi Kim Anh's house collapsed. Perched on the sandy banks of the Mekong River, it took just a few minutes for one half of everything she owned to plunge into its murky depths. | Video
HANOI, Dec 12 Base metals were mostly up in a
tight range on Wednesday, following U.S. President Donald
Trump's upbeat comments about a trade deal with China, while the
dollar held near a one-month peak against its peers.
HANOI Alphabet Inc's Google is studying steps toward opening a representative office in Vietnam, the government of the Southeast Asian nation said on its website, citing Google's Senior Vice President Kent Walker.
HANOI, Dec 5 Most London base metals fell on
Wednesday as trade tensions between the United States and China
resurfaced, raising concerns over growth and future demand from
top metals consumer China.
* Market is dominated by Samsung and Apple phones
(Adds comment on VinSmart working with Qualcomm and Google, in
HANOI The former chairman of Vietnam's second largest listed bank has been arrested for alleged violations of banking regulations, the Southeast Asian country's public security ministry said on Thursday.
Nov 28 Copper edged higher on Wednesday after
declining for three straight sessions, while other industrial
metals moved in tight ranges amid uncertainty over the direction
of the U.S.-China trade war.
(Recasts throughout, updates closing prices)
By Mai Nguyen and Melanie Burton
HANOI/MELBOURNE, Nov 26 Steel-linked metals
nickel and zinc fell on Monday on expectations of weaker demand
from Chinese steel mills.
All other base metals declined amid caution ahead of trade
talks between U.S. President Donald Trump and Chinese President
Xi Jinping later this week.
"The market started to be really concerned about the
uncertainty of what the outcome will be from the U.S.-China
trade talk," said analyst Helen Lau of Argonaut Securities.
ZINC: Shanghai Futures Exchange zinc settled down
2.5 percent at 20,540 yuan ($2,958.63) a tonne, posting its
biggest single-day drop since August, while London zinc
fell 0.6 percent to $2,504 a tonne by 0709 GMT.
NICKEL: London nickel traded 0.6 percent weaker but
Shanghai nickel bucked the trend among base metals to
settle up 0.2 percent. Nickel stockpile in LME warehouses is
around a five-year low, at 214,188 tonnes .
STEEL: Chinese iron ore futures tumbled and steel prices
dropped as worries over weaker steel demand sustained a
sell-off, with raw materials coking coal and coal also down
TIN: Shfe tin settled 1.4 percent lower and LME tin
slipped 0.1 percent amid rising stocks and expected
weaker demand in China next year.
DEMAND: Weaker Chinese demand is expected to move the global
tin market into a surplus of 500 tonnes next year from a
7,500-tonne deficit in 2018, the International Tin Association
said on Friday, while China's tin warehouse supplies hit 8,200
tonnes, the highest in more than a year and up by 73 percent
from late August .
CHINA GROWTH: China's economic growth is expected to hit 6.6
percent this year and slow to 6.3 percent in 2019 as the country
struggles with challenges relating to trade and structural
reform, economists from Beijing's Renmin University said.
CHINA-U.S.: A G20 summit scheduled later this week in
Argentina is expected to set a trade war turning point, when
leaders from the two biggest economies meet to address trade
tensions that have been increasingly hurting global growth.
U.S. DOLLAR: The dollar held broad gains on Monday as
investors sought shelter in the world's most liquid currency on
fears of a slowdown in global economic growth and as U.S.-Sino
trade tensions sapped risk appetite. A stronger dollar makes it
more expensive to import greenback-commodities into countries
using other currencies.
Three month LME copper
Most active ShFE copper
Three month LME aluminium
Most active ShFE aluminium
Three month LME zinc
Most active ShFE zinc
Three month LME lead
Most active ShFE lead
Three month LME nickel
Most active ShFE nickel
Three month LME tin
Most active ShFE tin
($1 = 6.9424 Chinese yuan)
(Reporting by Mai Nguyen in Singapore and Melanie Burton in
Melbourne; Editing by Subhranshu Sahu)