London Metal Exchange

Elliott Management Corp., an activist hedge fund manager, sued the London Metal Exchange for more than $456 million after the exchange paused nickel trading and invalidated some contracts to dramatic swings in the metal's price, reported WSJ. The case adds to the LME's problems, which are...

Nickel trading will resume on the London Metal Exchange on Wednesday following a week-long suspension due to a historic short squeeze, Bloomberg News reported on Monday, citing a notice. What Happened: The trading will resume with a few curbs at 4 am ET (8 am, London time)...

Shanghai Futures Exchange, China’s top commodity bourse, has paused nickel trading after prices hit their upper limit, a day after a similar surge prompted the London Metal Exchange to take similar action, Bloomberg News reported on Wednesday. What Happened: ...

Alcoa (NYSE: AA) is scheduled to report its fourth-quarter 2013 results Thursday, January 9, after the markets close. Its report has long been seen as kickoff of each new earnings season, though it may become less relevant now that the stock has been dropped from the Dow Jones Industrial Average...

Instead of “David versus Goliath,” the Senate Banking Committee had to sort out a “Goliath versus Goliath” scenario Tuesday, according to Reuters. Big aluminum buyers, represented by the second largest brewer in the U.S., charged that the largest banks in the country drove up their costs by...

It is widely known that J.P. Morgan (NYSE: JPM) holds a giant short position in silver. Furthermore, some observers are accusing the bank of acting as an agent for the Federal Reserve in the market - every tick higher in the price of silver undermines confidence in the U.S. Dollar. A lower silver...