Commodity prices up in October - November 1, 2007 11:00

Commodity prices up in October The Reserve Bank of Australia’s index of commodity prices in special drawing rights (SDR) terms rose 2.1 per cent in October, preliminary estimates from the central bank show. This follows a revised increase of 2.8 per cent in September. The largest Source: c.moreover.com

Asian stocks hit records after Fed cut - November 1, 2007 9:00

Asian stocks and oil prices hit record highs as a Federal Reserve rate cut and strong growth data eased concerns about the impact of a housing slump on the US economy Read More…

IBM launching major data security initiative: report - November 1, 2007 9:00

NEW YORK (Reuters) – International Business Machines Corp is launching a “major initiative” to drive sales in the data security market, including $1.5 billion in spending next year on marketing and product development, the Wall Street Journal reported Thursday in its online edition. Read More… DETROIT (Reuters) – Auto sales are expected to have dipped [...]

Oil leaps to $96 high on U.S. inventory drop (Reuters) - November 1, 2007 9:00

Oil leaps to $96 high on U.S. inventory drop (Reuters) Reuters – Oil leaped nearly 2 percent to top $96 for the first time on Thursday, extending the previous day’s 5 percent surge after an unexpected sharp fall in U.S. crude stocks and data showing strong economic growth. Source: news.yahoo.com

China’s gold output up 13.10 pct year-on-year to 191.46 tons in firstnine months – NDRC - November 1, 2007 9:00

China’s gold output up 13.10 pct year-on-year to 191.46 tons in firstnine months – NDRC Shanghai. November 1. INTERFAX-CHINA – China produced a total of 191.46 tons of gold in the first nine months of this year, up 13.10 percent from the same period last year, according to National Development and Reform Commission statistics released [...]