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Brazil's Finance Minister: We will announce the cancellation of diesel subsidies.

2026-07-01

Brazil's Finance Minister: We will announce the cancellation of diesel subsidies.

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2026-07-01

Panasonic plans to expand its AI business, targeting about JPY1.4 tln in AI infrastructure-related sales within three years and announced roughly JPY500 bln of investment in the business over the next two fiscal years. The company raised planned job

Panasonic plans to expand its AI business, targeting about JPY1.4 tln in AI infrastructure-related sales within three years and announced roughly JPY500 bln of investment in the business over the next two fiscal years. The company raised planned job cuts to 12,000 (from 10,000) and expects JPY145 bln of savings by FY24. Panasonic’s shares have more than doubled YTD, lifting market value to a record JPY11.5 tln amid demand for AI infrastructure components including server electronic parts, circuit-board materials and batteries; the The firm remains a major battery supplier to Tesla.
2026-07-01

At the midday close, China's main futures contracts were mostly lower. Container freight on the Europe route plunged more than 10%; methanol and ethylene glycol (EG) fell over 3%. Red dates, metallurgical coke, palladium, China's SC crude and platinu

At the midday close, China's main futures contracts were mostly lower. Container freight on the Europe route plunged more than 10%; methanol and ethylene glycol (EG) fell over 3%. Red dates, metallurgical coke, palladium, China's SC crude and platinum dropped more than 2%. On the upside, lithium carbonate gained over 4%, polysilicon nearly 2%, peanuts more than 1%, and pulp and coated paper nearly 1%.
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