By Tom WhippleIn India, strong demand growth and high profit margins have given the country the leeway to absorb a part of input cost hikes in the past.
Commodity Online TOKYO: Saudi Arabia s assurance of enough oil supply coupled with dollar s surge saw crude oil prices fell on Monday.
Commodity Online NEW YORK: Steady demand from utilities and surging global demand for coal will push up prices of coal in United States, the one fossil fuel the country has in abundance.
Nokia plans to consult its one billion customers on what works, what wows, and what doesn't
Wall Street says recession, but economic data has yet to confirm the gloom
Commodity prices falling almost as fast as they rose this year raise questions again on the wisdom of investing in such markets, but those in the game for long will say it's worth it, a market researcher said. Some are asking if commodity prices in general had gone up too high, too fast, leading to a bubble.
Commodity Online SINGAPORE: Gold prices declined but stayed above a 1 month low hit the previous day, while Tokyo's precious metals futures tumbled amid declines in commodities markets.
U.S. crude oil futures fell on Thursday as worries that an economic recession in the largest consumer of oil in the world may curb demand.
Gold futures dropped sharply on Thursday, sliding further after their worst one-day drop in nearly two years, as a broad sell-off in commodities such as crude oil continued, spurred by dollar strength and further interest rate cuts.
U.S. stocks gained on Thursday as declining gold and oil prices eased inflation concerns, while an analyst said more mortgage purchases by Fannie Mae and Freddie Mac will help stabilize the home-loan market causing them to surge for a third day on hopes they will stabilize the housing market.
Commodity Online LONDON: Against the run of play, gold suffered its worst defeat in recent times as it tumbled to nearly six percent low on Wednesday.
By Adrian AshBarely a generation after the worst recession in US history, backing labor over capital like this and thereby nabbing labor's far weightier vote meant JFK got to kick Richard Nixon around at the ballot box
By Adrian AshCentral bankers destroy the value of cash first with sub inflation interest rates, and then with unlimited credit aimed at bailing out bad investments across the banking sector
Crude oil had its biggest decline since December 1994 on Wednesday, falling more than $6 per barrel after the Federal Reserve cut interest rates yesterday and a report today stated demand in the United States dropped.
With crude oil prices over $100 per barrel and cold weather in many parts of the country driving up demand, heating fuel prices have been setting new record highs. With residential prices from the beginning of winter to mid-March
U.S. stocks dropped on Wednesday, failing to extend the market's best day in nearly five years led mainly by energy and mining companies as oil dropped more than $4 a barrel while gold fell the most in nearly two years.
Robusta coffee continued rallying in London after an increase in purchases by industrial buyers such as roasters.
The FTSE 100 dropped a staggering 217.3 points down to 5,414.4 points (minus 3.9 per cent) on Monday following the shock sale of US bank Bear Stearns to rival JPMorgan Chase. The index finished at its lowest point since late 2005.
Japan stocks recovered 12,000 line Wednesday due to eased concerns for U.S. economy and a weaker yen after an overnight equity surge on Wall Street. Securities, iron and steel, high-tech issues were soared while oil companies and some insurance issues decreased.
By Binu Alex Use of nuclear fuel to generate extra 50,000 MW of electricity, is the available option in near term
Commodity Online TOKYO: Gold s plunge in the US did not affect its futures in Asia as it gained along with silver on Wednesday.
Commodity Online NEW YORK: US Feds decision to cut lending rates had its impact in crude futures as it soared Tuesday and end a little above 109 US dollars.