Copper ascends on perky full scale data from China, US, low inventories

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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...

Tesla purchased 54,391 China-made automobiles in October – CPCA

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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...

South Korea to purchase 70,000 projects of most recent Pfizer COVID-19 case

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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...

If it ain’t broke, don’t fix it

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“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...

Creators lost their balance after Pfizer’s COVID-19 antiviral tablet affirmed promising viability in a preliminary.

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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...

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