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Archive for the January 1, 2016

  • Soft commodities drifted sideways in the last trading session of the year on Thursday with cocoa set to be a star performer among commodities for 2015 helped by supply concerns. London robusta coffee ended the

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  • Gold fell on Wednesday, as the combination of a firm dollar and weak oil prices left the metal on track for its third consecutive annual loss. Bullion has lost 10 percent of its value this

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  • Gold was little changed on the last trading session of the year, but looked set to post its third straight annual loss, undermined by a robust dollar and prospects of higher US interest rates. Investors

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  • Gold was steady on Thursday but poised to mark its third straight annual loss, ahead of what is likely to be another tough year with the prospect of higher US interest rates and dollar strength.

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  • US soyabean futures were down nearly 1 percent on Thursday as traders eyed forecasts for much-needed rains in Brazil, while corn and soyabeans were narrowly mixed in light year-end trading. All three markets posted annual

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    • News Desk
    • Jan 1st, 2016
    • Comments Off on US MIDDAY: gold sinks 10 percent for third annual loss

    Gold was steady on Thursday, ending the year down 10 percent for its third straight annual decline, ahead of another potentially challenging year in 2016 amid the prospect of higher US interest rates and a

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    • News Desk
    • Jan 1st, 2016
    • Comments Off on General Motors fails to avert first ignition switch trial

    A US judge on Wednesday rejected General Motors Co's bid to dismiss the first so-called "bellwether" case over defective ignition switches in its vehicles, clearing the way for a January 11 trial. US District Judge

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    • News Desk
    • Jan 1st, 2016
    • Comments Off on India’s Cadila Healthcare shares plunge after FDA warns of violations

    India's Cadila Healthcare Ltd has received a US Food and Drug Administration (FDA) warning letter for violating manufacturing standards at two of its production facilities, the latest in a series of Indian companies to face

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    • News Desk
    • Jan 1st, 2016
    • Comments Off on India’s Cadila Healthcare shares plunge after FDA warns of violations

    India's Cadila Healthcare Ltd has received a US Food and Drug Administration (FDA) warning letter for violating manufacturing standards at two of its production facilities, the latest in a series of Indian companies to face

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    • News Desk
    • Jan 1st, 2016
    • Comments Off on South Korea central bank chief stresses financial stability for 2016

    South Korea's central bank chief repeatedly stressed the need to ensure financial stability in his New Year's address on Thursday, saying high debt levels in the country and rising US interest rates could pose risks.

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