NY futures jumped this week, as July rallied 474 points to close at 84.87 cents, while December gained 256 points to close at 85.39 cents. After nine consecutive losing sessions at the end of May, during which the spot month lost more ...
THE stockmarket extended weekly losses to 3.8 per cent as materials dragged the benchmark to a fresh low since January, with investors sitting on their hands ahead of crucial US jobs data that could heighten calls for an early tapering of ...
Tags: Service
According to local sources, the stocks of stainless steel products totaled 131,844 tons in the Chinese Foshan market in the second half of May, down by 1.67% from the previous 15 days. Among them, 58,734 tons were cold rolled stainless ...
Tags: Stainless Steel, Mineral
India would become the largest producer of cotton in the world by 2022, overtaking China, according to a report released by OECD-FAO. “China’s cotton production is expected to decline 17 percent, while production in India ...
Tags: Cotton Production, Textile
Further falls have been forecast for the Australian dollar, which yesterday dived below the US95c mark to levels not seen since October 2011. Speculation that the US Federal Reserve will begin to slow its monetary stimulus sooner than ...
Tags: Aussie Dollar, US95c
Crude futures diverged late in the US trading day Wednesday, as the front-month ICE Brent contract slid from a session high of $104.07/b to a low of $102.85/b in a little over 40 minutes. ICE July Brent settled 20 cents lower at ...
Tags: Crude Markets, Chemicals, Brent
The unveiling of Prime Minister Shinzo Abe's long-awaited growth strategy did little to stem the recent slide in Japanese stocks, with the Nikkei 225 closing down 3.8 per cent yesterday. And analysts warned that the measures announced -- ...
Tags: Abenomics, Growth Strategy
Aruba Networks’ CEO, Dominic Orr, has promised to “fire back” at Cisco, after he attributed underhand tactics — in which the wireless networking vendor’s competitor apparently jeopardised Aruba contracts with ...
As the time for a shareholder vote draws near, the Dell special committee weighing competing bids for the company said Wednesday that a plan from investor Carl Icahn and Southeastern Asset Management comes up short by billions of dollars. ...
Tags: Dell, Icahn Bid, Wall Street
According to local sources, the stocks of stainless steel products totaled 187,464 tons in the Chinese Wuxi market in the second half of May, up slightly 0.74% from the previous 15 days. Among them, 98,470 tons were cold rolled (CR) ...
Tags: Stocks, Wuxi, Stainless Steel Stocks
The sharemarket closed more than 1 per cent lower as weak GDP figures prompted investors to dump banking stocks. At the close today, the benchmark S&P/ASX200 index was down 65.6 points, or 1.34 per cent, at 4835.2. The broader All ...
NYMEX July crude settled $1.48 higher at $93.45/barrel Monday, largely holding to overnight gains following better-than-expected eurozone manufacturing data. Weak US manufacturing data put downward pressure on the US dollar, which ...
Tags: Oil Complex, Us Dollar
The financial supervisory commission (FSC) of Taiwan was reported to enable banks, insurance firms and Qualified Domestic Institutional Investors (QDIIs) in the Chinese mainland to make investments in the local securities and futures ...
Growth in the UK’s manufacturing sector hit a 14-month high in May but dairy purchasing costs increased, according to the Markit/CIPS Purchasing Managers’ Index (PMI). The Purchasing Managers Index hit a 14-month high in ...
Tags: PMI index, Manufacturing growth, Dairy
LOOK around any of Bristol's main tourist destinations and you'll see Bristol Blue glass for sale. In fact its connections with the city are so strong that Harvey's Bristol Cream sherry, although no longer bottled here, is available in blue ...
Tags: Blue Glass, City Industry