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2023-07-20 08:27:08 ET Prices for iron ore and other base metals rebounded Thursday on rising hopes that China would launch additional support for its troubled real estate sector. Bloomberg reported that Chinese authorities are considering steps to ease home buying, with the intention t...
2023-07-17 12:32:28 ET Anglo American Platinum ( OTCPK:ANGPY ) said Monday it expects to report H1 headline earnings declined 65%-75% Y/Y , anticipating profit for the period at 6.7B-9.4B South African rand ($370B-$519B) compared to 26.7B rand a year earlier. The miner sees head...
2023-07-13 12:59:00 ET Summary ClearBridge is a leading global asset manager committed to active management. Research-based stock selection guides our investment approach, with our strategies reflecting the highest-conviction ideas of our portfolio managers. International markets ...
2023-07-10 23:47:00 ET Summary The UK is apparently teetering on the edge of a recession, the UK’s long-ticking mortgage time-bomb is in the process of exploding and the FTSE 100 has fallen back towards 7,000, where it has spent most of the last 25 years. After falling back...
2023-07-10 14:36:09 ET Iron ore futures slumped more than 3% Monday as China's weak demand data and slowing steel production dragged trader sentiment lower. The latest figures from China showed inflation eased to zero in June while factory-gate prices fell further, underlining continued...
2023-07-08 09:00:00 ET Summary This article is part of our monthly series where we highlight five companies that are large-cap, relatively safe, dividend-paying, and are offering large discounts to their historical norms. We go over our filtering process to select just five conser...
2023-07-06 03:30:03 ET Summary Anglo American's stock price has dropped 26% in 2023 due to a weak performance stemming from declining metal prices and a weak global macroeconomy. However, there's potential for a turnaround in the second half of 2023 if the expected fiscal stimulus...
2023-07-05 14:54:29 ET Summary Recent events suggest change is en route at Anglo American plc. De Beers' recent Botswana sales agreement lends Anglo's investors much to cheer about. A managerial shakeup is in full swing with "next generation" leadership emphasized. Kio Kum...
2023-06-30 08:06:20 ET Summary Nickel spot prices were lower last month. Nickel market news - BMI forecasts a nearly 2 million tonne nickel supply gap by 2030 and says nickel requires the largest critical mineral investment of $66 billion. Nickel company news - Nickel Industri...
2023-06-12 07:54:33 ET Iron ore futures fell nearly 5% Monday in their first decline after eight straight winning sessions as Goldman Sachs warned China's weak property sector could be a multiyear drag on the country's economic growth. The bank said it sees persistent problems...
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After a robust performance in 2021, the electric vehicles (EVs) sector is poised to maintain its sales momentum in 2022. With robust consumer demand for efficient, cost-effective, and clean-energy-based vehicles, along with government initiatives to facilitate environmental sustainability, EV...