REUTERS Kuwait loaded crude oil onto a supertanker on Monday, shipping data shows, despite a workers’ strike that has cut its output by 60 percent. Supertanker BW Ulan loaded 2 million barrels of crude at the Mina al Ahmadi port and will head to Ulsan in South Korea, live ship-tracking data on Thomson Reuters Eikon shows. Three other supertankers ...

  Beijing / Bloomberg China, the world’s biggest producer and consumer of gold, started a twice-daily price fixing on Tuesday in an attempt to establish a regional benchmark and bolster its influence in the global market. The Shanghai Gold Exchange set the price at 256.92 yuan a gram ($1,233.85 an ounce) at the 10:30 a.m. session after members of the ...

  Sydney / AFP Australian cattle firm S. Kidman and Co. on Tuesday said a Chinese-led consortium was the preferred buyer of most of its stations, with an offer worth US$288.8 million. Kidman, Australia’s biggest private landowner, has attracted keen interest from Chinese firms wanting to secure the sprawling pastoral empire. It said a consortium of Dakang Australia Holdings Pty. ...