News

Copper prices rose on Monday, buoyed by strong Chinese exports data, improving jobs market in the United States and low inventories of the metal. Three-month copper on the London Metal Exchange edged up 0.1% to $9,529.50 a tonne by 0328 GMT, while the most-traded December copper contract on the Shanghai Futures Exchange advanced 0.9% to...

BEIJING, Nov 8 (Reuters) - U.S. electric vehicle maker Tesla Inc (TSLA.O) sold 54,391 China-made vehicles in October, including 40,666 for export, the China Passenger Car Association (CPCA) said on Monday. Tesla, which is making Model 3 sedans and Model Y sport-utility vehicles in Shanghai, sold 56,006 China-made vehicles in September, including 3,853 that were exported. Chinese EV...

SEOUL – South Korea has agreed to buy 70,000 courses of Pfizer Inc.’s experimental antiviral COVID-19 pill, the Korea Disease Control and Prevention Agency (KDCA) said over the weekend. Pfizer on Friday said trial results showed that its Paxlovid pill reduced by 89% the risk of hospitalization or death in patients at high risk of severe illness within...

“Different countries were interested in our stock exchange,” reminisces former Securities and Exchange Commission chairman Khalid Mirza. “I met a representative, who I will not name, in Karachi. He was willing to come here, but under one condition: he will provide the system.” Last week, Pakistan Stock Exchange (PSX) implemented the new trading system that...

Hong Kong stocks declined for a second day with tech firms leading losers as the Chinese Communist Party kicked off a key meeting in Beijing under a cloud of economic slowdown. The Hang Seng Index retreated 0.4 per cent to 24,763.77 at the close of Monday trading. The Hang Seng Tech Index slid 1.3 per cent, while...