Beijing will release copper stocks from its reserves to help lower the price of copper, state media reported Thursday, confirming widespread industry expectations that the State Reserves Bureau would intervene in the market. Government officials

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Oil prices hovered just below $60 a barrel on Thursday after US data showed crude supplies rose and mild weather crimped demand for winter fuels. US light crude oil prices were trading 10 cents higher

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US copper futures ended firmer on Wednesday with the active December contract settling at a 3-week peak as short-covering boosted values in moderate business while prices held within the previous day's trading range, sources said.

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Copper prices dipped in Asia on Thursday as reports China will release copper stocks in the market weighed and holidays around the region boosted volatility, traders said. Chinese state media reported on Thursday that Beijing

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Gold in New York recovered from a prior six-week low to end higher on Wednesday, lifted by a flurry of dealer buying and speculative short covering after two days of steep declines in the metals,

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Chicago Board of Trade soybean futures dipped on Wednesday, making an early low on a private forecast for US farmers to harvest a big soybean crop, traders said. November soybeans closed a penny lower at

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Gold firmed in Asia on Thursday, aided by sporadic buying in Hong Kong but overall trading was slow due to public holidays in the region. Spot gold rose to $463.75/464.50 in afternoon trade from $462.70/463.50

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Volkswagen, Europe's biggest car maker, said Thursday that bottom-line earnings surged in the third quarter on the back of rising sales and the positive effects of a massive cost-cutting programme. VW said in a statement

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Volkswagen, Europe's biggest car maker, said Thursday that bottom-line earnings surged in the third quarter on the back of rising sales and the positive effects of a massive cost-cutting programme. VW said in a statement

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The Dutch consumer goods group Unilever reported on Thursday a surge in net profit because of an asset sale but said underlying earnings had suffered from increased advertising and promotional spending. The food and household

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