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16/09/2025
LME London copper extends gains, up 1.0% to a latest price of 10168.0 US dollars per ton.
Latest
3 m ago
LME metal futures closing prices show mixed gains and losses.
4 m ago
Fitch Ratings has indicated that the recent equity investment by the US government in Intel Corporation signifies a possible upgrade in its industrial policy, which may lead to unexpected large-scale efficiency distortions in the global semiconductor industry. Intervention is unlikely to have a negative impact on the overall credit conditions of chip manufacturers. Fitch stated, "If the transaction is legally confirmed, it may distort the capital investment of wafer foundries in the United States, including Intel and the current wafer foundry leader Taiwan Semiconductor Manufacturing Company (TSMC), and prompt chip designers without wafer foundries to establish redundant supply chains."
4 m ago
Moody's: US chip intervention measures may lead to efficiency.
6 m ago
Israeli Prime Minister Netanyahu: For all the pessimists in the economic sector, Israel's stock market has finally become the strongest stock market in the world. The shekel exchange rate is strengthening, despite experiencing war, the deficit has reduced, and foreign investment in research and development is only second to the United States, ranking first in the world. Investing in Israel is a wise move. We will continue to increase investment in weapons production to avoid relying on weak Western European leaders, and that is exactly what we are doing.
13 m ago
Sources say that STMicroelectronics has stated in a meeting with the Italian government that the company has no plans to lay off employees at the Agrate factory.
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