After opening at 18,200 yuan/mt last Monday, the most-traded SHFE 2305 aluminium contract sank to 17,920 yuan/mt due to banking crisis triggered by the collapse of Silicon Valley Bank and risk ... ( read original story ...)
Asian shares mixed after weekend lull in bank worries
Asian shares were mixed on Monday after stocks on Wall Street shook off a weak start to end higher on Wall Street last week despite persisting worries over banks on both sides of the Atlantic. Coming ... ( read original story ...)
Stock Market Live: Sensex and Nifty 50 likely to open with gains, Asian indices trade mixed
Indian equity benchmarks BSE Sensex and NSE Nifty 50 are expected to open in the green on the first trading day of the week. Singapore Exchange Nifty futures, an early indicator of the Nifty index, ... ( read original story ...)
China stocks: recovery bets doubted as empty shipping containers pile up at Shanghai, Ningbo, Shenzhen ports
With containers stacking up at Chinese ports, the outlook for exports looks weak, challenging bullish calls from money managers on the economic upturn An index of freight rates for 15 shipping routes ... ( read original story ...)
Analysis-Bank disquiet, Fed keep investors on edge in nervy U.S. stock market
Traders react as Federal Reserve Chair Jerome Powell is seen delivering remarks on a screen, on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., March 22, 2023. REUTERS/Brendan ... ( read original story ...)
Shanghai reverses course with total lockdowns as covid surges in China
Late on Sunday evening, the Chinese financial hub of Shanghai announced it was going into lockdown, one half at a time, reversing weeks of denying it would impose blanket restrictions on the city’s 25 ... ( read original story ...)
House GOP demands Biden reveal Chinese ties to Silicon Valley Bank
House Republicans are pushing for an investigation of the Chinese Communist Party’s ties to the collapsed Silicon Valley Bank. ( read original story ...)