Yvonne Yue Li

New York

Reporter, Metals and Mining at Bloomberg News

covering metals and mining for @business. opinions are my own. retweets are not endorsements. [email protected]

Featured in: Favicon

bloomberg.com Favicon

msn.com

indiatimes.com (+1) Favicon

washingtonpost.com Favicon

time.com

yahoo.com (+16) Favicon

latimes.com Favicon

sfgate.com Favicon

smh.com.au Favicon

aljazeera.com + 114 more

Articles

Copper Advances as Traders Weigh US-China Deal and Inflation

2 days ago | bloomberg.com | Jack Ryan |Yvonne Yue Li

A crane unloads iron ore from a barge at the Thyssenkrupp Steel Europe AG steel plant in Duisburg, Germany. Photographer: Alex Kraus/Bloomberg(Bloomberg) -- Industrial metals including copper were higher, as traders weighed the impact of the US-China trade truce against ongoing concerns about inflation and economic growth. The latest data showed US inflation rose less than forecast in April amid tame prices for clothing and new cars, according to Bureau of Labor Statistics data.
Gold Slides as Dollar Climbs on Trump’s Trade Framework With UK

6 days ago | ca.finance.yahoo.com | Yvonne Yue Li

(Bloomberg) -- Gold slipped as the dollar extended gains after President Donald Trump announced a trade framework with the UK, sapping haven demand stemming from concerns over a global trade war. • None Is Trump’s Plan to Reopen the Notorious Alcatraz Prison Realistic? Trump said full details of the pact would still be negotiated over the coming weeks.
Gold holds drop as Powell says Fed in no hurry to adjust rates

1 week ago | fortune.com | Yvonne Yue Li

The precious metal has climbed about 28% this year. Getty Images—OsakaWayne Studios
Gold Gains as Investors Digest Bessent Comments, Await Fed

1 week ago | bloomberg.com | Yvonne Yue Li |Jack Ryan

(Bloomberg) -- Gold advanced as investors digested trade comments from US Treasury Secretary Scott Bessent while awaiting the Federal Reserve’s interest-rate decision. Bessent that some “very good” offers have been made to the US in negotiations with trading partners, reiterating that some deals may be announced as soon as this week.
Gold Rises Amid Trade-War Risks While Traders Await Fed Decision

1 week ago | news.bloomberglaw.com | Yvonne Yue Li

Gold advanced amid ongoing trade war risks following US President Donald Trump’s latest tariff comments, while investors await a Federal Reserve interest-rate decision later this week. While Trump suggested his administration could strike trade deals with some countries as soon as this week, he signaled no imminent accord with China.
Third Point Takes ‘Meaningful’ US Steel Stake in Bet on Deal (1)

1 week ago | news.bloomberglaw.com | Yiqin Shen |Yvonne Yue Li

New York hedge fund Third Point LLC has taken a “meaningful” stake in United States Steel Corp. and expects a $14.1 billion takeover offer by Nippon Steel Corp. to go ahead, according to an investor letter. The firm’s billionaire founder Daniel Loeb told investors in a letter that the firm believes the iconic American company will complete its merger with the Japanese steelmaker, despite the transaction being blocked by former US President Joe Biden in January.
Li-Cycle Seeks Buyers After Potential Sale to Glencore Flops

1 week ago | bloomberg.com | Yvonne Yue Li

Ajay Kochhar, president and chief executive officer of Li-Cycle. (Bloomberg) -- A Canadian battery recycling startup is seeking buyers after a potential sale to Glencore Plc fell through. Li-Cycle Holdings Corp. said it needs additional financing to meet its obligations and repay its debt, according to a statement on Thursday.
Third Point Takes ‘Meaningful’ US Steel Stake in Bet on Deal

1 week ago | bloomberg.com | Yiqin Shen |Yvonne Yue Li

The United States Steel Corp. Edgar Thomson Works steel mill in Braddock, Pennsylvania. (Bloomberg) -- New York hedge fund Third Point LLC has taken a “meaningful” stake in United States Steel Corp. and expects a $14.1 billion takeover offer by Nippon Steel Corp. to go ahead, according to an investor letter.
Gold Pares Losses as Traders Assess Fed Rate Path After US Data

2 weeks ago | bloomberg.com | Yvonne Yue Li

(Bloomberg) -- Gold pared losses as traders assessed the Federal Reserve’s interest-rate path after US data showed signs of downside risks under President Donald Trump’s trade agenda. The US economy contracted at the start of the year for the first time since 2022 on a monumental pre-tariffs import surge and more moderate consumer spending. Separate data showed US consumer spending jumped in March, while a key measure of inflation was flat.
Gold Gains as Dollar Pushes Lower Ahead of Key US Economic Data

2 weeks ago | bloomberg.com | Yvonne Yue Li

Gold's selloff accelerated as traders bet on signs that the rally may have run too hard and too fast. (Bloomberg) -- Gold advanced as the dollar and bond yields pushed lower, with traders awaiting a slew of key economic data this week that could shed some light on the impact of President Donald Trump’s trade war. Data on jobs, inflation and economic growth are slated to hit from Wednesday to Friday.