Archive for  January 2010
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Thailand bought 50,000 tonnes of US soft and spring wheat this week, while Malaysia was active in the corn market, taking Brazilian and Indian cargoes. Thailand purchased US soft white wheat at around $250 a
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Raw sugar futures closed easier Friday on light investor sales prompted by a firm dollar before a holiday break, but most players feel another rally is likely given the sweetener's bullish outlook. The market will
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Farmers will produce the world's smallest wheat crop in three years in 2010 as big global supplies weigh down prices and steer more acres to other crops, the Canadian Wheat Board said on Friday. In
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Commodity markets were rattled last week as China tightened money supply in a bid to tame economic growth and prevent a looming asset bubble, analysts said. China, one of the biggest consumers of raw materials,
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The world's top cellphone maker Nokia said on Saturday it would defend itself vigorously against Apple's complaint to United States International Trade Commission, filed on Friday. "Nokia will study the complaint when it is received
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Taiwan will allow China's institutional investors to invest up to $500 million in the island's stock market, the government said Saturday, in its latest step to relax control on trade and investment with its rival.
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A House of Representatives committee is broadening its investigation of secretive bank bailouts to include former Treasury Secretary Henry Paulson and former Federal Reserve Bank of New York Chairman Stephen Friedman. The Committee on Oversight
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Saudi Arabia's private sector growth is expected to recover to 3.7 percent in 2010, but will continue lingering below 4.7 percent of 2008, prior to the global financial crisis, Credit Agricole's Saudi affiliate said. The
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Britain will not copy President Barack Obama's tax on banks that were bailed out by the taxpayer, Treasury chief Alistair Darling said in an interview published Saturday. Obama is proposing a tax of 0.15 percent
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A controversial $8.6 billion plan to link Hong Kong to China's national high-speed rail network won approval from local lawmakers Saturday, leading to scuffles between police and protester opposed to the project. The measure to
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