Archive for the February 5, 2019
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Asia's open-specification naphtha intermonth premiums extended gains into a sixth session on Friday, supported by tight supplies and firm demand. The second-half March price was $11.25 a tonne higher than the second-half April, making this
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Coffee shipments from Vietnam are expected to fall sharply next week on the Lunar New Year holiday, while trade in Indonesia will continue to be quiet on empty stock and won't pick up until March.
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Saudi Arabian stocks rose in early trading on Monday, bolstered by bank shares, while major Gulf markets moved sideways. Saudi Arabia's main index was up 0.4 percent. Major bank Al Rajhi Bank rose 0.6 percent
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Most Southeast Asian stock markets ended lower in lacklustre trading on Monday, with Philippine and Indonesia indexes falling the most, as risk-averse investors remained on the sidelines ahead of Lunar New Year holiday. The Philippine
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Tokyo stocks closed higher on Monday, helped by a cheaper yen and optimism over the US economy following strong jobs data that also boosted Wall Street. The Nikkei 225 index closed up 0.46 percent, or
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US stocks treaded water on Monday as a tech boost was offset by declines in energy companies, as investors wait for Alphabet's results after the bell following mixed earnings from other FAANG stocks. However, a
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Indian shares reversed early losses to end higher in choppy trade on Monday, lifted by index heavyweights Reliance Industries Ltd and Housing Development Finance Corp, with focus shifting to Thursday's central bank policy meet. The
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Nasdaq Dubai has signed a license agreement to launch derivatives based on FTSE Russell's Saudi Arabia equity indexes in the coming months, the two companies said on Monday. The move is part of an expansion
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Shanghai, Seoul, Taipei and several other markets were closed in Asia due to Lunar New Year holiday. Markets will resume trading on Feb 6 (Wednesday). Copyright Reuters, 2019 Copyright Agence France-Presse, 2019
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Wirecard said that neither it nor its law firm had found conclusive evidence of criminal misconduct after the Financial Times alleged wrongdoing at the Singapore office of the German payments company. CEO Markus Braun said
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