Oil prices fall below US$90 ahead of US Fed decision on key interest rate - October 31, 2007 11:00

Oil prices fall below US$90 ahead of US Fed decision on key interest rate SINGAPORE (AP): Oil prices dropped below US$90 a barrelWednesday in Asia ahead of the U.S. central bank’s impending decision on its key interest rate.Light, sweet crude for December delivery fell 68 cents to US$89.70 a barrel in Asian electronic trading Source: […]

Global stocks subdued - October 31, 2007 9:00

HONG KONG (Reuters) – The dollar touched an all-time low against the euro on Wednesday, while Asian stock markets marked time as many investors sat on the sidelines ahead of a widely expected interest rate cut by the U.S. Federal Reserve. Read More…

Global stocks subdued (Reuters) - October 31, 2007 9:00

Reuters – The dollar touched an all-time low against the euro on Wednesday, while Asian stock markets marked time as many investors sat on the sidelines ahead of a widely expected interest rate cut by the U.S. Federal Reserve. Read More…

Enel orders 600 Oil & Steel lifts - October 31, 2007 9:00

Italian power company Enel has ordered 600 units of a new, 18 m working height truck-mounted platform, called the Scorpion 18, from Oil & Steel. The company declined to reveal contract value.Delivery of the first unit will be in November and by Spring Read More… MUMBAI (CommodityOnline.com) — Indians’ recently found love for gold coins […]

P&G and Colgate post double-digit earnings increases - October 30, 2007 15:00

P&G and Colgate post double-digit earnings increases CHICAGO (Reuters) – Household and personal care products leaders Procter & Gamble Co and smaller rival Colgate-Palmolive Co both posted double-digit quarterly profit increases on Tuesday, helped by cost cuts, the weaker dollar and sales of new items. Source: feeds.reuters.com

Market opens down as rate cut questioned (Reuters) - October 30, 2007 15:00

Market opens down as rate cut questioned (Reuters) Reuters – Stocks opened lower on Tuesday after a Wall Street Journal article cast doubt on the chances for a Federal Reserve interest rate cut on Wednesday. Source: news.yahoo.com

Oil prices fall from record high - October 30, 2007 15:00

VIENNA, Austria – Oil prices dropped Tuesday from a record high in the previous session on the view that the disruption of a fifth of the oil production by Mexico’s state oil company is only temporary. Still, a weak dollar and perceptions of tight Read More…

FTSE rally fades on profit taking - October 30, 2007 13:00

FTSE rally fades on profit takingMining stocks dragged the FTSE lower. The index was down 0.7 per cent to 6,659.3, a fall of 45.7 points.Source: www.ft.com

Oil falls from record highs as investors take profits - October 30, 2007 13:00

Oil falls from record highs as investors take profits LONDON (Reuters) – Oil fell more than a dollar on Tuesday, as profit-taking pulled the market down from record highs set in response to a Mexican supply shut-down and a weak dollar. Source: feeds.reuters.com