Aluminium hits two-month highs – 9Finance

Aluminium hits two-month highs – 9Finance

Aluminium prices touched two-month highs overnight as hopes for stronger demand in top consumer China buoyed sentiment, but an oversupplied global market and large surpluses are expected to cap gains. Benchmark aluminium on the London Metal Exchange (LME) was up 0.8...
Aluminium hits two-month highs – 9Finance

Trump threatens social media – 9Finance

President Donald Trump has threatened social media companies with new regulation or even shuttering after Twitter moved a day earlier to add fact checks to two of his tweets. Claiming tech giants “silence conservative voices,” Trump said, “We will...
Aluminium hits two-month highs – 9Finance

Shares reach 10-week high – 9Finance

World shares have forged ahead and commodity markets drove higher as well, as investors disregarded Sino-US tensions to focus on more stimulus in China and a reopening world economy. Britain’s FTSE and Japan’s Nikkei led their regions with 2.2 per cent...
Aluminium hits two-month highs – 9Finance

Asia shares temper rally – 9Finance

Asian shares have stepped back slightly and US stock futures have fallen as lingering caution about the long-term impact of the coronavirus outbreak offset some of this week’s enthusiasm over reopening of economies. Investors were also looking ahead to a key...
Aluminium hits two-month highs – 9Finance

Virgin Australia bidders shortlisted – 9Finance

Virgin Australia’s administrators say they have shortlisted a small number of parties from the non-binding indicative offers received by last Friday. The administrators from Deloitte have not named the parties but say they are being invited into the next stage...