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Analysis: Price boom puts palm oil on emerging markets' radar

Analysis: Price boom puts palm oil on emerging markets' radar

Palm oil output and stocks, already lagging robust demand due to rains in top Southeast Asia producers, could be made worse should the cooking ingredient become the next target for emerging markets seeking to buy big and dampen adverse effects of booming world food prices.

Would 2011 be Year of Come-Back for AOL?

AOL
Internet company AOL, Inc. (AOL) reported better-than-expected fourth quarter results on the top-line, with in-line earnings. Management believes that 2011 is the come back year for AOL. Jefferies & Co. reduced its price target on shares of AOL to $26 from $27, while maintaining its hold rating.
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Personal income, spending rose in Dec.

Personal income and spending in the U.S. rose in December last year, indicating that the average consumer is growing more confident about the economic recovery and the financial situation.
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Gold Price Struggles with Head & Shoulders Pattern Ahead of Fed Vote

The price of Gold Bullion rallied from its lowest level since 28th Oct. early in London on Wednesday, but remained nearly $100 per ounce off Dec.'s all-time highs in what dealers called very quiet trade ahead of today's US Federal Reserve announcement on monetary policy.
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Gold edges up as price drop attracts buyers

Gold rose on Monday as lower prices after the metal's third consecutive weekly loss attracted some buyers back to the market, but a more optimistic view of global growth still limited fresh investment.

POLL - Asia to see soaring prices in 2011

Asia's rapid economic growth will moderate slightly in 2011 even as policymakers combat rising prices with higher interest rates and try to keep local currencies from appreciating too sharply, a Reuters quarterly poll showed.
The logo of the Organization of the Petroleum Exporting Countries (OPEC) is pictured on the wall of the new OPEC headquarters in Vienna

Ready to pump more crude if demand rises: OPEC

The Organization of Petroleum Exporting Countries (OPEC) has pledged to make as much as 6 million barrels per day of surplus crude production capacity available in the event of a strong rise in demand or sudden disruption in supply, a Platts release said on Tuesday.
De Beers

De Beers sees 2011 diamond price growth shy of 2010

Rough diamond prices are expected to rise further this year, but will not match last year's sharp double-digit percentage rebound, which was boosted by restocking from jewellers, the head of De Beers sales division said on Monday.
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Gold Price Erases Dollar Gains, Drops 5% vs. Euro

The Euro extended its rally on the currency markets, spiking to a 4-week high vs. the Dollar of $1.3450 before easing back. Thus, Gold priced in Euros dropped almost 5% from Monday's near-record high.
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Ethiopia cracks down on price-cap violators

Ethiopia has penalised retailers and suppliers in the capital who raised the prices of consumer goods such as bread by amounts higher than caps set in January, authorities said on Thursday.

China Q1 rate rise would be reasonable - c.bank adviser

It would be reasonable for China to raise interest rates in the first quarter because price pressure tends to be high for seasonal reasons during the opening months of the year, a central bank adviser said on Wednesday.

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