Can Australia provide US with rare-earth metals which China has restricted? | Business and Economy News

Can Australia provide US with rare-earth metals which China has restricted? | Business and Economy News

Australia may have spotted a lucrative hole in the market for rare-earth metals, which are crucial for the defence industry and for manufacturing products necessary for the development of artificial intelligence (AI), such as semiconductors. Last week, China, which has a stranglehold on the supply of these critical minerals, tightened its export controls over its…

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Dollar soft as Sino-US trade tension weighs

Dollar soft as Sino-US trade tension weighs

By Ankur Banerjee SINGAPORE (Reuters) -The U.S. dollar slipped on Thursday as the Sino-U.S. trade war sapped investor sentiment, while growing confidence of the U.S. Federal Reserve cutting its policy interest rate this year also weighed on the greenback. The euro rose 0.14% to $1.1664 in early trade, hitting a one-week high. The yen also…

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Dow, S&P 500, Nasdaq futures inch up as Wall Street weighs earnings, renewed US-China trade tensions

Dow, S&P 500, Nasdaq futures inch up as Wall Street weighs earnings, renewed US-China trade tensions

US stock futures made slight gains Wednesday evening as investors weighed corporate earnings against the escalating US-China trade war. Futures attached to the Dow Jones Industrial Average (YM=F) and the benchmark S&P 500 (ES=F) inched up 0.1%. Futures attached to the tech-heavy Nasdaq 100 (NQ=F) rose 0.2%. After the bell, Salesforce (CRM) stock advanced after…

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