Advertisement
Advertisement
TOPIC

Commodities

Commodities
Commodity market action from around the world with a focus on the commodities that matter most to investors in Hong Kong and China.
Gold bars. Photo: Handout
Banking & finance

Can China bring in more bullion as central banks shift gold reserves from US?

Geopolitical tensions and US dollar concerns have seen Shanghai and Hong Kong step up efforts to build gold storage infrastructure.

China food security

A potential food crisis threatens the world, but impact on China may be limited

US Federal Reserve

Bullish chorus grows: Wall Street backs gold despite US job growth, hawkish Fed

Gold in Hong Kong

How Hong Kong can cash in as reserve managers rethink where to store gold

City in race to lure bullion custody as geopolitical risks intensify scrutiny of gold storage, Goldman Sachs report says.

4
Where central banks store gold appears increasingly a growing priority for reserve managers, according to a Goldman Sachs report. Photo: Getty Images
Investing

Why younger investors worldwide are stashing physical gold despite price swings

Gen Z buyers are driving demand for bullion, spurred by geopolitical tensions, inflation and the appeal of owning gold outright.

US-Venezuela conflict

‘Direct hit’: China dealt blow as US-backed firm takes over Venezuelan oilfields

Venezuela was the biggest recipient of China’s lending to Latin America, and Beijing is unlikely to recover debts, one analyst says.

videocam
46
Advertisement
Advertisement
Advertisement
China trade

China discovers major copper and gold deposit in Anhui province

Ministry of Natural Resources says Chating deposit could contain more than 1 million tonnes of copper and 200 tonnes of gold.

videocam
8
China has discovered a major copper and gold deposit in Xuancheng, Anhui province. Photo: CCTV
Indonesia

Orangutan rescued from Borneo fire battles respiratory illness

Indonesia has intensified efforts to contain forest and land fires across six provinces in Borneo and Sumatra.

China-Africa relations

Truce in DR Congo offers US mining foothold while Chinese firms dominate output

Washington could secure access to crucial eastern coltan deposits, though analysts say Beijing’s entrenched infrastructure leaves American investors trailing.

videocam
China food security

China must ‘take all necessary measures’ to secure autumn harvest: Li Qiang

During an inspection tour in northeastern China, Premier Li says advanced tech can protect crop yield.

Villagers work in rice paddies at a farm in Anhui province on May 18. Photo: Getty Images
China’s Communist Party

In Focus | Why China’s mineral hubs and border regions face heaviest anti-corruption toll

China’s past CCDI annual plenums stress intensifying efforts to combat corruption where ‘power, funds and resources are concentrated’.

videocam
4
Illustration: Henry Wong
China's economic recovery

China’s steel sector must avoid US rust belt’s fate: party journal

Trade barriers, oversupply and falling export prices are squeezing steel producers as the Qiushi Journal warns against letting the industry contract.

US Federal Reserve

US Treasury bond buy-back reinforces gold debasement trade ahead of Jackson Hole

Treasury buy-backs bolster gold’s rally as investors await US Federal Reserve’s annual meeting at Jackson Hole.

5
Indonesia

Indonesia takes on Malaysia in battle over palm oil pricing

Palm oil is just the start. Indonesia’s new trade exchange also aims to oversee nickel and coal export volumes, prices and taxes.

videocam
Workers transfer palm fruits to a truck before being processed into crude palm oil at a palm plantation in Pekanbaru, Indonesia. Photo: AFP
China exports

China’s strategic mineral shipments rebound to US but slump for Japan

July customs data shows Beijing easing supplies of rare earth magnets to the US while export curbs deepen Japan’s material shortages.

China’s shipments of strategic minerals to the United States rose in July, but fell sharply to Japan amid escalating geopolitical tensions. Photo: Shutterstock
US-China trade war

Money and ‘a lot of noise’: how the US’ critical-minerals sector vies with China

State-backed funding is driving American efforts to build domestic supply, but industry trends and price gaps are still seen as hurdles to reducing reliance on China.

videocam
23
Banking & finance

Hong Kong taps tech strength in joint venture to power gold settlement

Alibaba Cloud among partners chosen to create a platform for Hong Kong’s gold clearing and settlement system next year.

Advertisement
Advertisement
Advertisement
China energy security

China eyes peak oil demand by 2030 amid pipeline increase, smart rig tech plan

Beijing’s peak-oil plan pairs an expansion of China’s network of pipelines with 15-km-deep drilling rigs.

A liquified natural gas storage tank at Rudong port in Nantong, Jiangsu province. Photo: Reuters/File photo
China trade

What China’s ‘no’ on Australian bean shipment says about trade ties

Incident sparks concern, but indicates China taking a proactive stance, not necessarily a gloomy forecast for relations, experts say.

13
War and conflict

Opinion | Chokepoints and the cost of cutting off access

The most dangerous chokepoint may not be the narrowest strait or rarest tech but where the final decision rests with the fewest people.

videocam
Uzbekistan

Jim Rogers eyes up China’s yuan as he warns of a US market crash

Legendary investor lauds the yuan but says his cash holdings are still in US dollars because the Chinese currency lacks full convertibility.

Legendary American investor Jim Rogers speaking at an investor event in Hong Kong on Saturday. Photo: Themis Qi.
Banking & finance

Reduce your exposure to US assets before they lose value, Swiss bank warns

Swiss private bank says structurally high inflation and government deficits will erode value of US dollar and Treasuries over the next decade.

videocam
5
A broker works on the floor of the New York Stock Exchange. Photo: AP
Banking & finance

Opinion | Just like with the yen, America cannot save the AI bubble

The Japanese currency and US tech stocks share the same fatal problem: momentum can’t survive broken fundamentals.

videocam
4
Indonesia

Why Prabowo’s change in tone might not signal a change in Indonesia’s course

Analysts said his rare self-criticism showed responsiveness to pressure but questioned whether a commodity policy shift marked real change.

videocam
China-Africa relations

How Africa is becoming a ‘strategic hub’ for Chinese industrial expansion

Countries including Zimbabwe and Guinea are ending the pit-to-ship model that saw them exporting raw minerals with limited local gains.

videocam
Large piles of bauxite ore, which is refined into aluminum, sit at a treatment area storage in Guinea. Photo: Shutterstock
Gold in Hong Kong

Why Fed moves trump geopolitical risks, China gold buying in analysts’ forecasts

Bullion forecasts have softened, LBMA’s survey shows, despite the World Gold Council reporting unprecedented demand in second quarter.

The outlook for gold marks a significant retreat from the bullishness seen at the start of the year. Photo: dpa
China-Japan relations

China detains Japanese executives in dual-use technology export probe: report

Several Japanese detained upon entering China, according to newspaper, as Beijing alleges foreign firms violated export restrictions.

videocam
China stock market

Gold breakout rally sends Chinese bullion stocks near record highs

Sovereign-debt risks and reserve diversification seen helping revive investor optimism in the precious-metals market.

videocam
Advertisement
Advertisement
Advertisement
Help preserve 120 years of quality journalism.
SUPPORT NOW
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement