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Archive for the November 1, 2005

    • News Desk
    • Nov 1st, 2005
    • Comments Off on Hitachi second quarter profit tumbles

    Japan's Hitachi Ltd posted a 48 percent fall in quarterly profit on Monday, hurt by its loss-making hard-disk-drive operations, and it cut its full-year forecast more than expected, sending its shares lower. Hitachi's hard disk

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    • News Desk
    • Nov 1st, 2005
    • Comments Off on Hitachi second quarter profit tumbles

    Japan's Hitachi Ltd posted a 48 percent fall in quarterly profit on Monday, hurt by its loss-making hard-disk-drive operations, and it cut its full-year forecast more than expected, sending its shares lower. Hitachi's hard disk

    Read More

    • News Desk
    • Nov 1st, 2005
    • Comments Off on Bank of Japan upbeat on economy, end to deflation

    The Bank of Japan said Monday that it expects the world's number two economy to break decisively out of deflation by next year as it upgraded its forecasts to show 1.8 percent growth in the

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  • Spot basis values for hard red winter wheat were mostly unchanged on Monday, with slow country movement, merchants said. Weather remained mild in the Plains with wheat emerging well, and rainfall over the weekend only

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    • News Desk
    • Nov 1st, 2005
    • Comments Off on Aluminium prices seen up in next year

    Aluminium prices are expected to rise next year as the market, which was in balance this year, hits a patch of shortage, an analyst said on Monday. "We believe the market is going to move

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  • Shanghai copper futures fell on Monday amid bearish sentiment, as traders braced for a release of copper reserves held by the State Reserves Bureau. Copper inventories in warehouses monitored by the Shanghai Futures Exchange rose

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    • News Desk
    • Nov 1st, 2005
    • Comments Off on Nippon Steel first-half profit more than double

    Nippon Steel Corp, the world's third-biggest steel maker, said on Monday its first-half net profit more than doubled due to strong sales of high-quality sheet steel, and raised its already record-high annual earnings outlook. The

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    • News Desk
    • Nov 1st, 2005
    • Comments Off on Nippon Steel first-half profit more than double

    Nippon Steel Corp, the world's third-biggest steel maker, said on Monday its first-half net profit more than doubled due to strong sales of high-quality sheet steel, and raised its already record-high annual earnings outlook. The

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  • London sugar futures fell over two percent on fund sales on Monday after the WTO ordered the EU to limit sugar exports earlier than expected, triggering sell stops, traders said. "It is fund and trade

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    • News Desk
    • Nov 1st, 2005
    • Comments Off on India raises palm oil base prices

    India, the world's leading edible oil importer, on Monday raised base import prices of palm oils but cut the base price of crude soyabean oil which traders said would lead to increased soya oil imports.

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