Monday, May 13

Economy

Traders said profit-taking on long tin positions betting on higher prices weighed on the market later in the session. Benchmark tin traded 1.8% down at $34,950 a metric ton in official rings, having peaked at $36,050 for its highest since June 2022

More than 1000 global leaders, including heads of state and government, and thought leaders from across the public and private sectors, as well as from international organizations, academic institutions, and non-government organizations will participate in the two-day event convened by Saudi Arabia

LONDON – Global shares rose on Tuesday, driven by a recovery on Wall Street, where investor focus is pinned on earnings reports from the U.S. megacaps, while the yen hit a new 34-year low against the dollar, prompting a warning from Japanese officials.

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