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Archive for the April 29, 2017

  • Malaysian palm oil futures were slightly higher on Friday evening, reversing losses from earlier in the day due to low demand, pending the release of data and ahead of a long weekend. The market will

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    • News Desk
    • Apr 29th, 2017
    • Comments Off on Raw sugar futures surge as traders eye huge May delivery

    Raw sugar futures on ICE vaulted higher on Friday, on late-day buying just moments before the May contract expired as the delivery was viewed as larger-than-expected. The London agricultural markets will shut for a holiday

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  • Gold resumed its downward slide from a five-month high in mid-April, giving up gains that came after US President Donald Trump announced unfunded tax cuts, while comments from European Central Bank President Mario Draghi weakened

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  • Gold was little changed on Friday and poised for the biggest weekly fall in seven as investors sought out higher returns than those from holding the non-interest bearing yellow metal by buying into riskier assets.

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  • Gold rose on Friday as forecast-beating euro zone inflation data boosted the euro versus the dollar, while global stock markets retreated from Wednesday's record highs on concerns about global trade. The euro rose towards 5-1/2

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  • US corn and soyabean futures fell on Friday on the prospect of dry weather for key Midwest production areas in early May which would give farmers access to fields during a crucial planting window, traders

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  • Gold rose on Friday as forecast-beating euro zone inflation data boosted the euro versus the dollar, while global stock markets retreated from Wednesday's record highs on concerns about global trade. The euro rose toward 5-1/2-month

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    • News Desk
    • Apr 29th, 2017
    • Comments Off on World’s largest shipbuilder sails back to quarterly profit

    The world's biggest shipbuilder Hyundai Heavy Industries swung back to the black in the first quarter as cost-cutting efforts and a shift to high-end vessels paid off in the face of an industry-wide crisis, the

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    • News Desk
    • Apr 29th, 2017
    • Comments Off on World’s largest shipbuilder sails back to quarterly profit

    The world's biggest shipbuilder Hyundai Heavy Industries swung back to the black in the first quarter as cost-cutting efforts and a shift to high-end vessels paid off in the face of an industry-wide crisis, the

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    • News Desk
    • Apr 29th, 2017
    • Comments Off on Australia to restrict gas exports as energy crisis bites

    Australia will enforce export restrictions on major gas producers, the prime minister said Thursday, to shore up domestic supply as a growing energy crisis sees power prices rise and blackouts more common. The country is

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