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Soybeans lead agri gains on US-China trade war truce

Bloomberg Soybeans led advances among US crop futures after the White House said China agreed to immediately restart buying American farm products as part of a trade truce between the two countries. The oilseed jumped as much as 3.2 percent to the highest since June in Chicago, as corn and wheat also climbed, while Chinese soybeans fell on expectations of ...

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Macquarie in final talks for Chinese JV

Bloomberg Macquarie Group Ltd. is in advanced talks to create a majority-owned securities joint-venture firm in China, according to people familiar with the matter, the latest international bank seeking to establish itself in one of the world’s biggest markets. Sydney-based Macquarie is drafting a final agreement with two Chinese conglomerates, said the people, declining to name the companies. It plans ...

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South Korea’s export growth disappoints

Bloomberg South Korea’s November exports grew at a slower pace than some economists forecast amid a slowdown in sales to China, the nation’s biggest trading partner. The value of shipments abroad rose 4.5 percent from a year earlier, compared with a 6.6 percent gain forecast in a Bloomberg survey of economists. Exports to China dipped 2.5 percent as Chinese display ...

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