Hong Kong Exchanges and Clearing (HKEX) set new records for second-quarter and first-half earnings amid a boom in initial public offerings (IPOs) and sizzling stock market turnover, according to a stock exchange filing on Wednesday. Second-quarter net profit for the operator of Asia’s third-largest stock market rose 41 per cent to HK$4.44 billion (US$569 million),…
SINGORE, – Copper prices on the London Metal Exchange and the Shanghai Futures Exchange rose on Friday, supported by stronger-than-expected U.S. economic data and expectations of increased Chinese buying after the recent price dip. Three-month copper on the LME gained 0.13% to $9,679 per metric ton by 0104 GMT, rising 0.32% so far this week,…
By Yuka Obayashi TOKYO (Reuters) – A global aluminium producer has sought a premium of $260 per metric ton from Japanese buyers for April-June primary metal shipments, up 14% from the current quarter, two sources directly involved in pricing talks said this week. Japan is a major Asian importer of the metal and the premiums…