China's bid to establish global benchmark for palm oil futures seen an uphill battle

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China's bid to establish global benchmark for palm oil futures seen an uphill battle

SHANGHAI/KUALA LUMPUR, Dec 22 (Reuters) – China, the world’s No. 2 palm oil importer, opened its palm oil futures contract to overseas investors on Tuesday, but trading risks and Malaysia’s more influential status as a producer mean it will struggle to …
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China thought to be behind Australia iron ore miners being booted off major deposits in Africa

Three Australian iron miners have been stripped of their mining licenses in the Republic of Congo in central Africa. Sangha Mining has instead been granted approval to dig up large deposits of high-grade iron ore. Analysts say it’s a disturbing escalation in …
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European stocks higher despite concerns over new coronavirus strain

Gains are likely to be capped by ongoing concerns around a fast-spreading Covid mutation that was first identified in Britain. The U.K. and EU remain deadlocked over post-Brexit trade relations as the Dec. 31 deadline approaches. LONDON — European …
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Saga Pure ASA: Key information relating to the Subsequent Offering

Reference is made to the announcement by Saga Pure ASA on 21 December 2020 concerning a private placement with total gross proceeds of NOK 87 million and a contemplated subsequent offering (the “Subsequent Offering”). Date on which the terms of …
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SoftBank to match NTT Docomo's ¥2980 smartphone plan as price war escalates

A price war between major smartphone carriers is escalating, with SoftBank Corp. unveiling new plans Tuesday that put it toe-to-toe with rival NTT Docomo Inc. and the firm’s planned price cut. Responding to the bombshell announcement by NTT Docomo …
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