Funding & Business
Aluminum Holds Gain as Withdrawals From Warehouses in Asia Surge
Aluminum held recent gains as requests to make withdrawals from London Metal Exchange warehouses in Asia surged for a second day.
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US and Chinese representatives discussed TikTok, trade and the economy during a day of high-level talks in Madrid as diplomacy between the world’s two biggest economies intensifies. Bloomberg’s Stephen Engle reports. (Source: Bloomberg)
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Gold held near a record as traders geared up for an anticipated easing of the US Federal Reserve’s monetary policy this week and looked for clues on further rate cuts this year.
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BYD Co. faces pressure to restore investor confidence after a $45 billion stock selloff, with growing concerns over its ability to fend off competition amid a destructive price war in China.
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