Morgan Stanley initiates coverage on Rio Tinto (RIO.US) with an "Underweight" rating and a target price of $90.

Commerzbank interest rate strategist Hauke Siemssen stated in a report that due to persistently high oil prices and growing fiscal concerns, the bond market remains fragile. “Global bond markets still face risks, with yield curves across all maturities testing multi-year highs.” Although this morning's market consolidation is encouraging, the likelihood of a sustained reversal currently appears low, as the fundamental factors driving the current trend lack simple solutions. Siemssen expects thi

China Gold Association Visits Shanghai Gold Exchange for Communication On the morning of August 21, Yan Diyong, Party Secretary and Vice President of the China Gold Association, led a delegation to visit the Shanghai Gold Exchange for discussions with Kong Yan, Deputy Party Secretary and President of the Exchange. Both parties engaged in in-depth exchanges focusing on the national financial strategy, the upgrading of the gold industry, and market stability, further consolidating cooperation co

Prices of second-hand apartments in Tokyo's central area have fallen for three consecutive months, with experts suggesting the market may have entered an adjustment phase.

German energy company Uniper has signed an agreement with Norwegian state oil company Equinor to import more than 30 terawatt-hours of natural gas annually from 2027 to 2041.