Commodities
Commodities: Agriculture futures sag, Brent reverse early losses
Commodities were mostly lower at the start of the week, following the acrimonious end to the G-7 summit at the weekend that saw the US unexpectedly back-out of a joint communique in which the rest of the assembled economic powers committed to fighting against protectionism.
Citi reiterates 'buy' on Kaz Minerals, points out exposure to EV demand
Analysts at Citi reiterated their 'buy' recommendation and 1040p target price for shares of Kaz Minerals on Monday, welcoming Non Ferrous China's decision to take a 19. 4% stake in the Koksay project, telling clients it would help to share the risks and capital expenditure arising from that next stage growth option.
US-Korea talks progressing 'more quickly than expected'
The White House has confirmed that discussions between the US and North Korea are progressing "more quickly than expected" ahead of Tuesday’s summit in Singapore.
Italian industrial production slips in April
Italian industrial output fell more sharply than expected in April, led by a drop in energy production.
UK's lead in foreign investment challenged by Brexit and 'Macron effect'
Paris has overtaken London for the first time to become Europe’s second-most attractive destination for foreign investors.
KEFI Minerals raises final tranche for Tulu Kapi construction
KEFI Minerals on Monday saw its shares jump after it raised $30m from the sale of a stake in its local Ethiopian subsidiary, completing funding requirements for the construction of the Tulu Kapi gold mine.