Asian equities were mixed overnight, as Japan, Taiwan, and India posted small gains while Hong Kong, Mainland China, and South Korea were off. There were several positives from a big-picture perspective, while single stock developments disappointed.
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Commodity prices are always volatile, but in 2022 metal and mining markets reached new levels of turbulence, as the pandemic played out in China and the Ukraine war upended global energy.
World’s 50 biggest mining companies have shed $627 billion since hitting highs in March this year even as investors pile into the best performing sectors.