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Hundreds of tons of waste that Americans believed they were recycling is now piling up in processing plants or being dumped into landfills, as China’s decision to stop buying garbage for environmental reasons begins to bite. Beijing’s 2017 decision to ban imports of 24 varieties of trash brought to light the real destination of most […]
THE notion that the gentle flap of a butterfly’s wings can cause chaos on the other side of the world is well known. But commodity markets have been tested in recent weeks by what could be called the 800-pound-gorilla effect: the idea that chest-beating in the White House can unleash turmoil in global metals, agricultural […]
Stocks and commodities prices extended declines as investors dialed back on riskier assets. The S&P 500 fell 0.7%, while U.S. crude dropped 1.1%. WSJ.com: What’s News US
Reuters/Carlos Barria Headlines like this one from the Financial Times a few weeks ago tend to focus the attention… It reads, “Trump set to launch first major trade action targeted at China.” This was the first shot in what will likely be trade war with the world’s second-largest economy – which also happens to be a crucial party […]
AP Goldman Sachs is reportedly looking to boost its struggling commodities unit with fresh hires and new clients as it tries to rebound from its worst quarter in over 18 years. The news was first reported by Bloomberg News’ Dakin Campbell, Jack Farchy, and Javier Blas: The bank will bring in a few high-profile commodities […]
AP Goldman Sachs is reportedly looking to boost its struggling commodities unit with fresh hires and new clients as it tries to rebound from its worst quarter in over 18 years. The news was first reported by Bloomberg News’ Dakin Campbell, Jack Farchy, and Javier Blas: The bank will bring in a few high-profile commodities […]
THE difficulties facing Noble Group, a beleaguered Hong Kong commodities trader, are multiplying. On May 23rd the firm was forced to suspend trading of its shares in Singapore after their value slumped by more than 28% in half an hour. The panicked selling came after S&P Global, a ratings agency, warned that Noble was at […]
