Latest News for: Global commodity trading

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Futu and UP Fintech to Face Regulatory Risks in China, Official Media Says

Finance Magnates 15 Oct 2021
For example, the Industrial and Commercial Bank of China (ICBC) announced last week that it would impose some restrictions on retail companies involved in forex and commodities trading. The “risk is high these days in global forex and commodities markets, so please pay attention to controlling risks,” the bank commented ....
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Driving the Digital Economy - The 2021 Global Digital Trade Conference and Wuhan (Hankoubei) Commodities ...

MENA FN 15 Oct 2021
(MENAFN - ACN NewsWire) SINGAPORE, Oct 15, 2021�-�(ACN Newswire)�-�The 2021 Global Digital Trade Conference and Wuhan (Hankoubei) Commodities Fair held the thematic event ... .
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China's foreign trade still global growth driver: China Daily editorial

China Daily 14 Oct 2021
The trade in China's pilot free trade zones increased by 27.8 percent in the same period, with revenue from the sales of commodities in Hainan island, the country's duty-free province, increasing by 120.8 percent. The recovery of the global economy and trade has stimulated global demand for commodities from China.
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Foreign trade maintains momentum of rapid growth

China Daily 14 Oct 2021
According to Li, factors such as the recovery of the global economy and foreign trade, and surging commodity prices have pushed up exports during the first three quarters, while the stable growth of the Chinese economy and government measures to facilitate and stabilize foreign ...
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SLCM launches beta mobile app to test crop quality

Business Line 13 Oct 2021
The app, claimed to be the first of its kind, can detect a commodity’s quality within seconds ... They started off with wheat since it is the largest traded commodity in the country, said Sandeep Sabharwal, SLCM Chief Executive Officer (CEO) ... This app will be a game changer in the commodities trade,” he said.
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LEAs crack down on currency trafficking amid rupee slide

The News International 13 Oct 2021
There are also concerns about the weakening macroeconomic fundamentals as record-high global commodity prices have already contributed the most in pushing Pakistan’s trade deficit for the first three months of the 2021/22 fiscal year to $11.7 billion ... Globally the strength of a business enterprise is judged by the annual turnover of staff.
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Mitigram awarded SWIFT 2021 Trade Finance for Corporates Compatible Application label

The Eastern Herald 13 Oct 2021
Milena Torciano, CEO Mitigram says."Mitigram are on a mission to remove friction from global trade financing, so every business can trade freely ... Mitigram is the leading digital platform in global trade financing ... banks, while leveraging API connectivity and AI for trade execution.
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India faces a crisis as power shortage worsens

Asiatimes 13 Oct 2021
Raghuvendra Mirdha, a Congress leader and a former trader in Glencore, one of the world’s largest globally diversified natural resources and commodity trading companies, said ... Dialogue with industry leaders and trade chambers is necessary.” ... trade association and advocacy group.
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Rupee starts to crack as oil woes return to haunt

Live Mint 12 Oct 2021
The global commodity price surge has intensified, with Brent crude now trading around $80 per barrel ... That said, a higher import bill translates to higher inflation back here, which erodes the currency’s value versus its global peers ... Rupee do ...
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Sensex jumps 149 points to new record

The Telegraph India 12 Oct 2021
Following selling in IT stocks as a result of a weak start to the earnings season and weakness in global markets, the domestic market traded in the ... While global markets traded with cuts in fears of rising inflation due to soaring commodity prices and energy crunch," he stated.
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Sensex gains for 4th straight day, ends 149 pts higher; Nifty50 closes near 18,000

The Times of India 12 Oct 2021
... season and weakness in global markets, the domestic market traded in the negative zone. While global markets traded with cuts in fears of rising inflation due to soaring commodity prices and energy crunch," said Vinod Nair, Head of Research at Geojit Financial Services.
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Sensex, Nifty recover in late session to end at record highs

Business Line 12 Oct 2021
... in IT stocks as a result of a weak start to the earnings season and weakness in global markets, the domestic market traded in the negative zone.” ... While global markets traded with cuts in fears of rising inflation due to soaring commodity prices and energy crunch,” added Nair.
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Sensex rises for 4th day, ends at record high. Rupee down to 15-month low vs USD

Live Mint 12 Oct 2021
"Following selling in IT stocks as a result of a weak start to the earnings season and weakness in global markets, the domestic market traded in the negative zone ... While global markets traded with cuts in fears of rising inflation due to soaring commodity prices and energy crunch" MINT PREMIUM See All.
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Exclusive-Major coffee buyers face losses as Colombia farmers fail to deliver

Metro USA 11 Oct 2021
It’s going to be mayhem,” said a dealer at a global agricultural commodities trade house ... rather than wait and risk even bigger losses if farmers still don’t deliver next year and prices rise further, according to a senior trader at another global trade house.
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Major coffee buyers face losses as Colombia farmers fail to deliver

Live Mint 11 Oct 2021
It's going to be mayhem," said a dealer at a global agricultural commodities trade house ... Many are opting to see losses now and write the purchases off as defaults rather than wait and risk even bigger losses if farmers still don't deliver next year and prices rise further, according to a senior trader at another global trade house.
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