In an effort to boost global coffee demand and price increase, Vietnam said it plans to stockpile the commodity in a large scale. According to country's Agriculture and Rural Development ministry, a plan to extend subsidised loans at 6 percent interest for companies to buy and stockpile coffee at 1.24 dollars per kilogram was awaiting government approval.
Has the consumer behaviour towards spending money for buying gold and silver changed thanks to the surge in bullion prices in the last few months? Yes, consumer preferences for buying gold and jewellery items have drastifally changed thanks to the bullion price spike, says a study by Exim Bank, a government owned bank in India. According to the study by Exim Bank, increasing domestic demand, along with an anticipated pick-up in exports, is likely to drive growth of Indian jewellery market in the...
Dai-ichi Mutual Life Insurance said its IPO, Japan's biggest in 12 years, would raise as much as 1.1 trillion yen ($12 billion) at the top of a price range.
Debt-burdened Greece drew strong demand for a crucial bond issue on Thursday but paid a steep risk premium that underscored its plea to Germany and other EU partners for support to help lower its borrowing costs.
Freescale Semiconductor says its newest chip will help drive down prices in the next generation of electronic readers, which analysts say is key to the devices gaining mass adoption.
U.S. stock index futures pointed to a lower open on Tuesday after U.S. home prices fell unexpectedly, adding to concerns about the strength of the economic recovery.
U.S. stock index futures pointed to a lower open on Tuesday after U.S. home prices fell unexpectedly, adding to concerns about the strength of the economic recovery.
Iran sees an increase in oil demand in the second half of 2010 by between 1 and 1.4 million bpd which the major OPEC producer thinks will cause a rise in oil prices, Iranian media said on Saturday.
The number of U.S. workers filing new applications for unemployment insurance unexpectedly surged last week, while producer prices increased sharply in January, raising potential hurdles for the economy's recovery.
The number of U.S. workers filing new applications for unemployment insurance unexpectedly surged last week, while producer prices increased sharply in January, raising potential hurdles for the economy's recovery.
Iran will not give up uranium enrichment and the West must get used to an Iran that is a master of enrichment, Tehran's envoy to the U.N. nuclear watchdog was quoted on Wednesday as saying.
United Parcel Service Inc , the world's largest package-delivery service, said on Wednesday it has been contacted by the European Commission, which is probing price fixing in the shipping business.
In the last few months, we have been reading predictions and forecasts from bullion analysts who insisted and argued that gold price is booming to touch $2,000, $3,000, $5,000, $10,000 per ounce in the coming years. These forecasts have caught people's attention who have been pouring money into gold and other precious metals all these months. But after the big surge of gold price to $1,227 per ounce some two months back, the yellow metal has been climbing down the ladder of speculation.
The Aussie dollar remained relatively range bound on Friday bouncing between 0.8650 and 0.8700 for the majority of the Asian session.
E*Trade Financial Corp will cut trading fees for low-volume customers, the U.S. online brokers said on Friday, making its move in a pricing war that erupted among rivals in recent weeks.
China's economy made a strong start to the year, according to a pair of business surveys released on Monday that also underlined the mounting challenge policymakers face to curb inflation.
Games maker Nintendo showed greater than expected resilience in its battle for market share last quarter thanks in part to a 20 percent price cut on its Wii product that sliced into profits.
At a time when India's steel industry is slowly rising prices, its counterparts in the US are struggling to do the same as the production costs have gone up. But, the US steel industry is very skeptical about the prices rise as the demand for steel is yet to pick up properly in the country. Even as India and China are witnessing a major surge in demand for steel, the US industry is still slowly picking up pace.
Some fear the government deal announced on Monday to allow Live Nation and Ticketmaster to merge - creating a colossal concert promoter and ticketing agent - will weigh on ticket prices.
Apple shares were up on Tuesday, a day after the electronics maker reported its latest quarterly results.
The Aussie dollar dipped below 90 cents during Friday's Asian session following a larger than expected 4.3% fall in the Australian Q4 import price index.
The two largest U.S. wireless carriers, Verizon and AT&T, cut their rates on Friday, escalating a price war that began with smaller carriers.
