Ghana's sovereign dollar bonds dropped sharply on Tuesday after a government presentation of debt rework scenarios that aimed for a haircut of between 30-40% on the principal disappointed investors.
Poland, the European Union's largest poultry producer, has reported an outbreak of the highly contagious H5N1 bird flu virus among poultry in the northern part of the country, the World Organisation for Animal Health (WOAH) said on Tuesday.
Indian wheat prices surged to an eight-month high on Tuesday, propelled by strong demand for big festivals, limited supplies and as import duty makes overseas buying unfeasible for domestic flour mills.
Poland has reported an outbreak of highly pathogenic H5N1 avian influenza, commonly called bird flu, among poultry in the northern part of the country, the World Organisation for Animal Health (WOAH) said on Tuesday.
State-run firms, Coal India, GAIL India, and Rashtriya Chemicals & Fertilizers (RCF), will invest 30.95 billion rupees ($371.90 million) in their fertiliser joint venture in Odisha, two government officials told Reuters.
Bain Capital-owned Virgin Australia's Chief Development Officer David Marr, who was assigned to lead the airline's plans for an eventual initial public offering (IPO), has stepped down from his role, a spokesperson said on Tuesday.
Yemen's national airline resumed international commercial flights from Sanaa airport on Tuesday, Yemeni officials said, after a row between the country's warring parties over control of the carrier's funds.
The outlook for European equities isn't pretty as an earnings recession looks likely along with a prolonged period of high interest rates, but investors say much of the bad economic news is priced in and could - in some cases - even provide support.
Malaysian palm oil futures rose on Tuesday to a near three-week high on stronger exports and Chinese demand, although easing crude oil prices capped gains.
Emirati agribusiness Al Dahra is in talks to acquire more agricultural land in Egypt, two sources with direct knowledge of the matter said, in a deal that could reduce Cairo's dependence on imports of staple crops but also reignite water use concerns.
Copper prices edged lower on Tuesday as the U.S. dollar regained footing ahead of Federal Reserve Chair Jerome Powell's speech this week, while investors remained cautious over the risk of an escalation in the Middle East war on global economy.
Saudi Arabia's largest food products company Savola said on Tuesday it has hired Moelis & Co to advise on the strategic options for its business including a potential sale of a portion of its stake in the Middle East's biggest dairy firm Almarai.
Indonesia's state food procurement agency Bulog has been assigned to import 500,000 metric tons of corn for animal feed in the remainder of this year, of which half would come from Latin American countries, a company official said on Tuesday.
Top Australian companies that backed constitutional recognition of Indigenous people said they respected voters' rejection of the change but would now take their own steps to try to improve opportunities for the country's first inhabitants.
Copper prices edged lower on Tuesday as the U.S. dollar regained footing ahead of Federal Reserve Chair Jerome Powell's speech this week, while elevated inventories also kept prices of the metal under pressure.
Chicago soybean futures inched higher on Tuesday, with concerns over planting delays in Brazil supporting prices, although gains were limited by a rapidly advancing U.S. harvest.
Australian Prime Minister Anthony Albanese said on Tuesday he remained "very hopeful of a breakthrough" in a trade dispute with China over wine tariffs, as a deadline for the publication of a World Trade Organization ruling nears.
Chicago soybean futures inched higher on Tuesday, with concerns over planting delays in Brazil supporting prices, although gains were limited by a rapidly advancing U.S. harvest.
FXEmpire.com - Key Insights
Gold bottomed and we could see a breakout to new all-time highs by year-end.
Below are key prices levels to monitor in Gold, Silver, GDX, and Natural gas over the coming days and weeks.
Gold Futures Daily
Gold Futures saw a significant 3% increase
Checked
30 minutes 32 seconds ago
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