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Hong Kong’s plan to build a global gold hub will provide “an entry point” for trading other commodities and expanding the yuan’s usage on world markets, according to its first-ever five year plan....
China’s decade-plus quest to replace oil with coal in chemicals production is paying off for industry leader Ningxia Baofeng Energy Group, which pulled in record profits as crude prices soared...
China's Guangzhou Futures Exchange said on Thursday that its lithium carbonate futures and options would be opened to overseas traders from July 3. The opening up of the lithium contract, which...
China's coking coal futures prices surged by nearly 8% to hit their daily upper limits after a deadly coal mine accident in a major coal production hub sparked a wave of stringent safety checks...
Zambia is the first African country to let Chinese mining companies pay taxes in yuan. It probably won’t be the last, as Beijing seeks to internationalize the currency and dilute its dollar...
Iron-ore futures slipped on Friday, on track for a weekly loss, as property demand in China weakened. The most-traded January iron-ore contract on China's Dalian Commodity Exchange (DCE) DCIOcv1...
Prices of coking coal futures in China hit their ceiling for a second successive session on Tuesday, amid market chatter about potential government inspections in China's major coal production hubs...
The custodians of trillions of dollars of global central bank reserves are eyeing a move away from the greenback into gold, the euro and China's yuan as the splintering of world trade and...
US President Donald Trump's stunning decision to pause the hefty duties he had just imposed on dozens of countries sent battered global stock markets surging on Thursday even as he ratcheted up a...
China’s booming coal production is running well ahead of demand at the onset of winter, leading to swelling inventories and plunging prices that analysts forecast will fall further. A gauge of...
Base metals and iron-ore gained as the dollar dropped following US President-elect Donald Trump’s measured pick for Treasury secretary. All major contracts on the London Metal Exchange advanced,...
China will account for less than half of global steel consumption in 2024 for the first time in six years, according to the World Steel Association, as the decline in the country’s real estate...
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