Archive for  August 2004
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Shanghai copper futures gained ground on Monday as metal markets received a boost from a weaker US dollar and warehouse stocks hitting multi-year lows at home and abroad, traders said. Shanghai's most active contract, November,
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Gold reasserted its safe-haven status and rose about $2 in Asia on Monday after the dollar weakened against the euro in reaction to a warning of possible al Qaeda attacks on key buildings in the
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Tin fell $10 a tonne in Malaysian trade on Monday on light selling sparked by a drop in the metal's value in London. The Kuala Lumpur Tin Market (KLTM) spot price weakened to $8,890 a
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Philippine sugar millers and planters on Monday rejected bids for up to 80,000 tonnes of raw sugar for August/December export due to low prices, an industry official said. Jose Maria Zabaleta, executive director of the
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Malaysian crude palm oil futures ended down on Monday after a slump in rival Chicago soya made players ignore better-than-anticipated exports of palm oil in July. The benchmark palm oil contract on the Malaysia Derivatives
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Nippon Mining and Metals Co Ltd, Japan's biggest copper smelter, said on Monday it had raised its selling price for copper by 10,000 yen a tonne to 370,000 yen ($3,330) reflecting strong prices on the
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Singulus, the world's biggest maker of CD and DVD machinery, made a smaller operating profit in the second quarter as it continued to rely on low-margin CD equipment for much of its revenue, it said
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Singulus, the world's biggest maker of CD and DVD machinery, made a smaller operating profit in the second quarter as it continued to rely on low-margin CD equipment for much of its revenue, it said
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General Electric Co's financing unit said on Monday it would buy a $371 million stake in Hyundai Motor Co's ailing financial arm to expand into South Korea's $8.6 billion auto financing market. Hyundai Capital Services
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Global courier giant DHL unit said on Monday it expected its expand its 40 percent share of the Asia-Pacific express courier market by one-to-two percentage points in the next few years, fuelled by growth in
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