The metal used in everything from aircraft to cans rose as much as 3.3% to a 13-year high of $3,236 a tonne on Tuesday. It later eased to $3,187.

The acquisition is expected to provide long-term, predictable cash flows to Keppel through investing into a strong and growing business

The new deal, which excludes aluminium and will take effect on April 1, requires Tokyo to help fight global excess steel manufacturing capacity

The agreement was the most detailed and assertive statement of Russian and Chinese resolve to work together to build an international order based on their interpretations of rights and democracy.

Beijing's push for electric vehicles pays off with a jump in EV sales, but this has created fears of shortages in key metals such as nickel, cobalt and lithium.

The German supplier of construction materials said it may unveil more ambitious CO2 reduction targets in May

The Organization of the Petroleum Exporting Countries and its allies led by Russia agreed to a small increase for March, raising the collective oil production target by 400,000 bpd

Overseas markets are expected to recover after the lunar new year holiday and the Beijing Winter Olympics, Japan's top steelmaker said

The published concluding statement from IMF staff focused on Japan's need to scale back pandemic-relief measures as its economy recovers

Tight global supplies and geopolitical tensions in Eastern Europe and the Middle East have boosted oil prices by about 15% so far this year

The coffee chain missed estimates on adjusted earnings as wage and commodity inflation contributed to higher operating costs

Third-quarter earnings figures contrasted with the previous year, which had benefited from high trading activity thanks to a massive injection of cash into capital markets by the Fed.