Edition:
India

Maytaal Angel

Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.

Twitter handle: @jeffmason1

15 May 2018

Gold hits fresh 2018 low as rising yields lift dollar

NEW YORK/LONDON Gold slid more than 1 percent on Tuesday, falling for a third day to hit its lowest this year as a rise in U.S. borrowing costs pushed up the dollar and overshadowed the impact of strife in Gaza.

08 May 2018

Gold flat after dollar hits 2018 high; Iran tensions underpin

NEW YORK/LONDON Gold prices were flat following a brief increase on Tuesday after the U.S. dollar backed down from a new 2018 high as worries hovered that the United States may be set to pull out of a key nuclear accord with Iran.

08 May 2018

European steelmakers see recovery at risk from U.S. tariffs

LONDON A revival in European steel is at risk from U.S. President Donald Trump's move to impose tariffs on imports, Eurofer said as it raised its 2018 forecast for apparent steel consumption.

03 May 2018

Stainless steel glut builds in China as Indonesia ups output

LONDON An abundance of stainless steel in China following the ramp up of new production in Indonesia is threatening stainless mills globally and the nickel producers that supply them.

26 Apr 2018

British industrialist Sanjeev Gupta to buy second bank in UK

LONDON British industrialist Sanjeev Gupta is in talks to purchase the UK subsidiary of Nigeria's Diamond Bank as he ramps up efforts to expand the financial services assets in his global business empire.

25 Apr 2018

Global steel output rose 4 percent in March as China, U.S. produce more - worldsteel

LONDON Global crude steel production rose four percent in March as mills in top producer China ramped up output after winter restrictions were lifted and as U.S. producers took advantage of import tariffs to churn out more metal.

24 Apr 2018

Palladium plunges as U.S. hints at Russia sanctions relief

NEW YORK/LONDON Palladium sank more than 5 percent on Monday amid U.S. hints it might relieve sanctions on Russia's Rusal , while gold hit a two-week low as investors piled into the dollar with U.S. Treasury yields approaching 3 percent.

17 Apr 2018

Worldsteel raises forecast for 2018 global steel demand growth to 1.8 percent

LONDON Global steel demand will grow 1.8 percent this year and 0.7 percent next year, driven by favourable world economic momentum, though the market faces risks from rising trade tensions, the World Steel Association (worldsteel) said on Tuesday.

06 Apr 2018

Tata Steel open to taking majority stake in Thyssenkrupp tie-up: sources

LONDON/MUMBAI/FRANKFURT India's Tata Steel would consider taking a majority stake in its planned European steel joint venture with Germany's Thyssenkrupp after the business has publicly listed, according to two sources familiar with the matter.

04 Apr 2018

Gold backs from 1-week high, still up as dollar dips on trade-war jitters

NEW YORK/LONDON Gold prices eased from a one-week high, but still remained up on Wednesday, as the U.S. dollar dipped versus the yen and share markets faltered after China retaliated against a U.S. move to slap tariffs on $50 billion worth of its imports.

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Sensex 34,848.30 -300.82 -0.86%
Nikkei 22,930.36 + 91.99 +0.40%
Hang Seng 31,047.91 + 105.76 +0.34%
EUR/INR 80.052 +0.00%
USD/INR 67.985 +0.00%
GBP/INR 91.610 +0.03%
Gold 1,289.60 +1.40 +0.11%
Oil 71.72 +0.44 +0.62%
Corn 402.50 +0.00 +0.00%