Bloomberg The London Metal Exchange (LME) suspended trading in its nickel market after an unprecedented price spike left brokers struggling to pay margin calls against unprofitable short positions, in a massive squeeze that has embroiled the largest nickel producer as well as a major Chinese bank. Nickel, used in stainless steel and electric-vehicle batteries, surged as much as 250% ...

  Bloomberg Shares of Chinese companies listed in the US tumbled, extending a selloff that pushed them to their lowest level since 2016. The Nasdaq Golden Dragon China Index sank 4.8% amid concerns over higher inflation, risks from the Russia-Ukraine war and rising Covid-19 cases in China and Hong Kong. The selloff is also coming during the National People’s Congress ...

  ABU DHABI / WAM The United Arab Emirates on Monday sent an aircraft carrying 30 metric tonnes of emergency health aid and medical supplies, as part of its emergency relief efforts to assist the needy civilians in Ukraine. This came in response to the international humanitarian appeal to support displaced Ukrainians and refugees in neighbouring countries. There are more ...