Tin prices have nearly doubled from a year ago and are on course for their biggest annual rise in over 30 years, stinging big users of the soldering agent such as electronics firms, utilities, solar panel makers and appliance manufacturers.
OPEC and its allies will decide on Thursday whether to release more oil into the market or restrain supply amid big gyrations in crude prices, a U.S. release from oil reserves and fears over the new Omicron coronavirus variant.
The emergence of Omicron is fueling uncertainty in markets, as investors await information about the heavily mutated coronavirus variant and gauge how badly it could damage the global recovery.
Overseas equity funds with exposure to Chinese equities are on course to deliver their weakest performance in three years, as the stocks were hit by an economic slowdown, a tech crackdown and an increase in default risks in the property sector.
Fifteen human rights groups are urging U.S. President Joe Biden to get personally engaged in a long-running fight to enact an intellectual property waiver for COVID-19 vaccines at the World Trade Organization, calling his leadership "a moral necessity."