Asia stocks eke out cautious gains

Asian stocks have eked out gains as investor focus on the prospects of a global coronavirus recovery won out over familiar worries about Sino-US relations and the depth of economic damage. Hampering broader global risk appetite on Tuesday, however, was US President...

Copper gains on China stimulus hopes

Expectations of economic stimulus from top consumer China has spurred buying of copper, while mounting US-China tensions capped the upside. US President Donald Trump on Friday said his administration will begin to eliminate special treatment for Hong Kong in response...

Gold pares gains as equities firm

Gold pared gains overnight, having risen 1 per cent earlier in the session, pressured by an advance in Wall Street, but escalating tensions between the United States and China kept the bullion supported. Spot gold rose 0.2 per cent to $US1,712.35 per ounce by 1821...

Gold gains as recession looms

Gold rose overnight amid uncertainty over how economies would emerge from a deep slowdown, although optimism about a potential vaccine for the novel coronavirus capped bullion’s advance. Spot gold rose 0.7 per cent to $US1,743.25 per ounce by 1834 GMT. US gold...

US crude gains as stimulus to continue

US crude ended slightly higher overnight, as US Treasury Secretary Steven Mnuchin said he supported extending certain measures intended to bolster the economy, while Brent ended lower on concerns that output cuts might not be sufficient. Oil has rallied for several...