Copper drops on renewed US-China tensions

Copper prices are lower on worries that renewed US-Chinese tensions will further damage a global economy already hit by the COVID-19 pandemic. Stock markets and oil also fell as investors feared the prospect of more protests in Hong Kong over tough new security laws...

Gold firms as US-China spat helps demand

Gold prices will start the week higher after intensifying US-China tensions compounded fears of a slow recovery in a global economy already reeling from the coronavirus pandemic. Spot gold rose 0.6 per cent to $US1,735.08 per ounce by 1743 GMT Friday, after falling...

Oil down on China-US tensions

Oil prices have tumbled about 2 per cent on rising US-China tensions and doubts about how quickly fuel demand would recover from the coronavirus crisis. Fuel demand plummeted in recent months as the pandemic caused governments to impose restrictions on movement and...

Wall St mixed as China-US tensions weigh

Wall Street has ended mixed in a mostly tame finish to a week of strong gains, as investors gauged China-US tensions and amid ongoing uncertainty about the pace of economic recovery from the coronavirus. President Donald Trump’s warning on Thursday that the US...

Bain Capital in new bid for Virgin Aust

Bain Capital says it is preparing a second-round proposal to buy Virgin Australia Holdings Ltd, as the private equity group positioned itself as the “strongest” suitor to turn around the bankrupt airline. Bain said in a statement on Sunday it was...