Explore

Rapid Read Rapid Read
Australian Iron-Ore Miners Seek Government Support in Pricing Dispute with China

Australian Iron-Ore Miners Seek Government Support in Pricing Dispute with China

Major Australian iron-ore miners, including BHP, Fortescue, and Rio Tinto, are seeking assistance from the Australian government in response to China's aggressive pricing tactics. China's State iron ore buyer, China Mineral Resources Group (CMRG), has been pressuring these companies for better terms, impacting the $132-billion seaborne market. The miners have proposed the idea of a single selling desk to counteract CMRG's influence. The Australian government, aware of the economic significance of iron ore exports, is considering its options. The issue has been raised in a Senate panel, with government officials confirming ongoing discussions with the miners.
Reuters Reuters
Exclusive-Cargill in talks to sell metals unit to Macquarie, sources say

Exclusive-Cargill in talks to sell metals unit to Macquarie, sources say

By Amy Lv, Winni Zhou, Ella Cao and Lewis Jackson SHANGHAI/BEIJING June 6 (Reuters) - Cargill is in talks to sell its metals unit to Macquarie Group, five sources with knowledge of the matter said, as the global trading house aims to focus on its core food and agriculture operations.
Trendline Trendline
Goldman Sachs Warns of Decline in Global Oil Demand Impacting Price Forecasts

Goldman Sachs Warns of Decline in Global Oil Demand Impacting Price Forecasts

Goldman Sachs Warns of Decline in Global Oil Demand Impacting Price Forecasts
Trendline Trendline
The Oregon Group Expands Geopolitical Commodity Intelligence Platform

The Oregon Group Expands Geopolitical Commodity Intelligence Platform

The Oregon Group Expands Geopolitical Commodity Intelligence Platform
Trendline Trendline
Chinese NEV Resale Values Surge Amid Growing Market Demand

Chinese NEV Resale Values Surge Amid Growing Market Demand

Chinese NEV Resale Values Surge Amid Growing Market Demand
Rapid Read Rapid Read
China's Travel Tourism Sector Set for Global Leadership with Strategic Growth

China's Travel Tourism Sector Set for Global Leadership with Strategic Growth

China's Travel & Tourism (T&T) sector is experiencing rapid growth, positioning the country to become the world's leading economy in this sector. According to the World Travel & Tourism Council (WTTC), China's T&T sector grew by 9.9% in 2025, reaching $1.8 trillion. The sector is projected to double to $3.5 trillion by 2036. This growth is driven by policy reforms, technological innovations, and infrastructure investments. China has implemented visa facilitation measures, biometric systems, and digital payment platforms to enhance the visitor experience. The country is also investing in air connectivity and high-speed rail infrastructure to improve accessibility and distribute tourism flows more evenly.
Reuters Reuters
China to tighten oversight of private investment funds

China to tighten oversight of private investment funds

BEIJING/SHANGHAI, June 5 (Reuters) - China on Friday tightened oversight of the country's 23 trillion yuan ($3.40 trillion) private fund industry, in a bid to reduce financial risks and channel money into technology innovation and emerging industries.
Trendline Trendline
China's NEV Resale Value Surges Amidst Growing Used Market Demand

China's NEV Resale Value Surges Amidst Growing Used Market Demand

China's NEV Resale Value Surges Amidst Growing Used Market Demand
Rapid Read Rapid Read
India's Gold ETFs Experience First Monthly Outflow in a Year Amid Profit Booking

India's Gold ETFs Experience First Monthly Outflow in a Year Amid Profit Booking

India's physically backed gold exchange-traded funds (ETFs) recorded their first net monthly outflow in a year during May, as investors took profits following a significant rise in gold prices. This increase in prices was triggered by a hike in import duties on gold and silver, which were raised to 15% from 6% on May 13. The outflow amounted to $61 million, equivalent to 0.4 metric tons, reducing total holdings to 116.3 tons, according to data from the World Gold Council. Despite this outflow, gold ETFs have seen net inflows of $3.48 billion so far this year. The rise in domestic gold prices to 164,497 rupees ($1,717) per 10 grams marked the highest level in over two months.
Rapid Read Rapid Read
China Imposes 55% Tariff on Australian Beef Amid Export Quota Exceedance

China Imposes 55% Tariff on Australian Beef Amid Export Quota Exceedance

China is set to impose a 55% tariff on Australian beef imports as the country has exceeded its export quota of 205,000 tonnes for the year. This move is part of China's strategy to protect its local farmers by limiting imports. The quota, which is about one-third lower than the previous year's total imports, was quickly approached by Australia, with 90% of the quota already reached. The tariff is expected to significantly impact Australian beef exports to China, which have been popular in Chinese restaurants and high-end supermarkets. This development comes as the United States plans to impose a 12.5% tariff on Australian imports, citing Australia's failure to prevent the importation of goods made with forced labor.
TheStreet TheStreet
JPMorgan sounds the alarm on the runaway cost of AI

JPMorgan sounds the alarm on the runaway cost of AI

Every era has a number that stops making sense, a figure so large the brain just files it next to "infinity" and moves on. For most of my career, that kind of number lived in government budgets, the sort of sum you nod at without really feeling. Lately it has migrated somewhere stranger. It now ...
Rapid Read Rapid Read
China's President Xi Jinping Urges Focus on AI and Tech-Driven Economy

China's President Xi Jinping Urges Focus on AI and Tech-Driven Economy

Chinese President Xi Jinping has called on the Communist Party to prioritize advancements in artificial intelligence and other emerging technologies to secure China's position as a global economic leader. In a speech to the Politburo, Xi emphasized the importance of understanding and investing in frontier technologies such as quantum computing, biomanufacturing, and 6G. This strategic focus aims to cultivate industry giants and maintain China's dominance in sectors like green technology and rare earth materials. The initiative is part of a broader effort to transition China's economy towards high-tech industries and reduce reliance on traditional manufacturing.