Global copper smelters are facing a crisis as China's rapid buildup of processing capacity undermines profitability across the sector, according to Reuters.
Global copper smelters are facing a crisis as China's rapid buildup of processing capacity undermines profitability across the sector, according to Reuters.
Nearly one-third of UK small and medium-sized enterprises (SMEs) have reduced their workforce in recent months, with major corporations also warning of potential layoffs amid rising social security costs, industry experts report.
Invesco has filed to launch a Solana-based exchange-traded fund (ETF), signaling growing interest from asset managers in cryptocurrencies beyond bitcoin, according to Reuters.
During his speech at the London Indaba, head of strategy group at Anglo American Paul Gait said that global demand for copper is expected to grow by 40% over the next 15 years.
Insiders told Reuters that the Japanese government might lower the country’s economic growth forecast for the current fiscal year, which ends in March 2026. Currently, officials are expecting GDP to grow by 1.2%, but Donald Trump's tariff policies could push this figure below 1%.
According to Bloomberg, copper prices have been rising for the fifth straight day following a Goldman Sachs forecast predicting the metal could hit a record high of $10,050 per ton by August 2025.
A decrease of the indicator value may contribute to the rise in quotes of Heating Oil.
A decrease of the indicator value may contribute to the rise in quotes of Gasoline.
A decrease of the indicator value may contribute to the fall in quotes of Gasoline.
According to preliminary data from the International Copper Study Group (ICSG), global copper production increased by 2% in the first four months of 2025.
Naoki Tamura, the Bank of Japan's (BOJ) board member, stated that the central bank may be forced to raise interest rates if inflation risks increase, despite ongoing economic uncertainty.