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Iran's agriculture minister said the country has not tapped reserves of staple commodities and supplies are adequate.

2026-08-17

Iran's agriculture minister said the country has not tapped reserves of staple commodities and supplies are adequate.

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2026-08-17

Xiaomi Corporation (01810.HK) will release its second-quarter financial report on Tuesday. According to a Visible Alpha survey of analysts, Xiaomi's net profit for the second quarter is expected to reach RMB 6.01 billion, compared to RMB 11.9 billion

Xiaomi Corporation (01810.HK) will release its second-quarter financial report on Tuesday. According to a Visible Alpha survey of analysts, Xiaomi's net profit for the second quarter is expected to reach RMB 6.01 billion, compared to RMB 11.9 billion in the same period last year; second-quarter revenue is expected to decline by 5.3% year-on-year to RMB 109.82 billion. Citigroup points out that considering the weak sales performance of its smartphone, IoT, internet, and electric vehicle businesses, coupled with rising memory prices and intensified market competition putting pressure on profit margins, Xiaomi's overall performance in the second quarter is likely to remain relatively weak. Citigroup expects Xiaomi's overall gross margin for the second quarter to narrow to 19.7%.
2026-08-17

The Export-Import Bank of Korea said on Monday it will provide a US$1bn loan to commodity trader Glencore to secure copper supplies for Korean firms. The loan will be made to Swiss-based, wholly owned unit Glencore International for general working c

The Export-Import Bank of Korea said on Monday it will provide a US$1bn loan to commodity trader Glencore to secure copper supplies for Korean firms. The loan will be made to Swiss-based, wholly owned unit Glencore International for general working capital; Glencore has agreed to supply copper to Korean companies during the loan term but details were not disclosed. South Korea is heavily reliant on imported copper, and demand has risen on an AI data-center buildout and higher power needs. Copper prices are up about 15% year-to-date and near record highs. The bank said the financing is intended to stabilize critical raw-material supplies for Korea’s advanced industry supply chains.
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