Author name: Commodities Market Writer

Iron ore was on track for the biggest weekly gain since early May as a looming strike at BHP Group’s Port Hedland terminal stoked supply concerns, even as fundamentals remain tested.

Hong Kong’s restaurant industry has been struggling as more residents head to mainland China for their weekend leisure and dining. The government has now introduced a pet-friendly scheme allowing dogs to accompany owners at hundreds of newly-licensed restaurants. Bloomberg Opinion columnist Juliana Liu explains why she thinks more still needs to be done to revive Hong Kong as a destination on “Bloomberg: The Asia Trade”. (Source: Bloomberg)

Short dollar forward positions ballooned to $106.7 billion in May.

Some strategists see a boost to assets, while others were sceptical of a sustained rally, following Finance Minister Satsuki Katayama’s comments Friday encouraging pension funds, including the massive Government Pension Investment Fund, to increase investment in domestic financial assets. Here’s what strategists are saying:

Copper was on track for its second straight weekly gain as investors looked past potential demand headwinds presented by the mid-week resurgence in fighting in the Middle East.

SK Hynix Inc. raised $26.5 billion in its American depositary share offering, the largest ever US first-time share sale by a foreign company. Futurum Semiconductors, Supply Chain & Emerging Tech Research Director Brendan Burke shares his insights. (Source: Bloomberg)

Japan’s long-term bond yields fell and the yen strengthened after Finance Minister Satsuki Katayama said the government wants to encourage pension funds, including the Government Pension Investment Fund, to increase investment in domestic financial assets.