The retaliatory measures followed Trump's controversial move to order the withdrawal of all U.S. troops from Syria's northern border with Turkey.Politicsread more
Bloomberg could be in for a showdown with Elizabeth Warren, whether he runs or not.2020 Electionsread more
As the season kicks into gear this week, S&P 500 firms are expected to report a 4.6% earnings decline over the same period a year agoEarningsread more
"I think that may have scared the Chinese that they were going to get into a serious trade war with access to our capital markets being cut off, among other things," Michael...China Politicsread more
David Rolfe, a longtime Berkshire Hathaway shareholder and CIO at Wedgewood Partners, is fed up with Warren Buffett.Marketsread more
Bank of America says investors should still look to stocks for value rather than bonds.Investingread more
Wall Street analysts estimate GM has lost more than $1 billion due to the United Auto Workers' strike, which began Sept. 16.Autosread more
Top financial companies will mark the unofficial start of earnings season with their reports this week, and experts are offering several recommendations for trading the moves.ETF Edgeread more
The indexes traded in a tight range as investors looked ahead to the start of the earnings season while grappling with new worries over trade.Marketsread more
The union that represents Southwest Airlines pilots doesn't expect the grounded Boeing 737 Max to return until at least February, about a month later than the airline expects.Airlinesread more
Check out the companies making headlines in midday trading:Market Insiderread more
BEIJING, Sept 25 (Reuters) - China's nickel ore imports from Indonesia rose 26.5% year-on-year in August, customs data showed on Wednesday, as stainless steel producers stocked up on raw materials ahead of a ban on exports from the Southeast Asian country.
Following weeks of speculation, top nickel miner Indonesia confirmed on Sept. 2 it would ban nickel ore exports from Jan. 1 next year as it seeks to process more of its resources at home.
That sent benchmark London nickel prices to their highest in almost five years.
China, the world's biggest stainless steel producer, imported 5.72 million tonnes of nickel ores and concentrates in total last month, up 5.5% from July but 7.5% lower year on year, data from China's General Administration of Customs showed.
Imports from Indonesia stood at 1.61 million tonnes, up from 1.27 million tonnes a year earlier but down 8.4% from the previous month.
Shipments from the Philippines, China's biggest supplier of nickel ore and its most obvious source of alternative supply, came in at 3.99 million tonnes last month, up 13.2% from 3.52 million tonnes in July but down 16.8% from August 2018.
Experts say however that even though Philippine nickel miners are likely to boost production next year, they cannot match the higher grade of Indonesian ore and will be unable to completely fill the supply void. (Reporting by Tom Daly; Editing by Jan Harvey)