Cocoa futures in New York fell to the lowest level in a month as rising stockpiles and muted demand growth provide more of a cushion against weather risks in key producing countries.
Sugar slid after data showed Indian production is running well ahead of last season, deepening a slump that has futures down more than 13% from last month’s peak.
Some cocoa exporters in top grower Ivory Coast are being forced to pay more than the government-set price for beans as tight supplies intensify competition and fears grow that a powerful El Niño could further curb output.
The number of company insolvencies in England and Wales declined in September from August, the latest sign that the UK economy is holding up in the face of surging energy prices and higher borrowing costs.
Borrowers in the US private debt market are using delayed interest payments and maturity extensions to avoid default, potentially masking the overall extent of credit stress, according to Moody’s Ratings.
Demand for compute and energy infrastructure will continue to outstrip supply through the end of the decade and beyond, creating opportunities for investors to finance the AI buildout, according to Brookfield Asset Management CEO Connor Teskey.
PureGym is seeking to raise £1.4 billion ($1.9 billion) from the high-yield bond market to refinance outstanding debt that may cut the gym operator’s borrowing costs.
The US has a complete lack of fiscal discipline, and efforts to push down long-term borrowing costs are unlikely to work unless the government addresses the country’s mounting deficit, according to Oaktree Capital Management co-founder Howard Marks.
Cocoa futures headed for a weekly decline, as the market grapples with the prospect of sufficient short-term supplies being followed by a deficit in the season ahead.
Simon Essah walks through his cocoa farm in southwest Ghana, pointing to trees scarred by black pod disease, the latest in a series of threats plaguing his crop this year.
White sugar futures in London rose for a third straight week, slightly outpacing raw sugar and keeping refining margins near their highest levels in two years.
Cocoa demand is expected to remain uneven across the world, suggesting the recovery remains fragile as renewed supply concerns push bean prices higher and threaten to keep chocolate pricier for longer.
Cocoa beans in a machine at chocolate factory in Paris.
The latest bout of volatility in the coffee market is set to linger, complicating the outlook for consumers hoping to see lower prices, according to Italian roaster Luigi Lavazza SpA.
South Korea is looking at creating an investment fund using excess tax revenue fueled by its burgeoning semiconductor sector to finance long-term economic growth, a senior government official said.
Th SK Hynix Inc. semiconductor plant under construction in Yongin, South Korea, on Tuesday, June 30, 2026. South Korean firms including Samsung and SK Hynix will spend at least 1,350 trillion won ($880 billion) on chips and data centers as the country seeks to maintain its edge in the AI era.
South Korea is looking at creating an investment fund using excess tax revenue fueled by its burgeoning semiconductor sector to finance long-term economic growth, a senior government official said.
Th SK Hynix Inc. semiconductor plant under construction in Yongin, South Korea, on Tuesday, June 30, 2026. South Korean firms including Samsung and SK Hynix will spend at least 1,350 trillion won ($880 billion) on chips and data centers as the country seeks to maintain its edge in the AI era.
The cocoa crop in top grower Ivory Coast could fall by about a fifth in the next season as the number of pods on trees lags, risking tighter global supplies, according to traders surveyed by Bloomberg.
Cocoa pod harvesting in Ivory Coast. Photographer: Andrew Caballero-Reynolds/Bloomberg