Author Archive
Gold and Oil News - October 12, 2007 10:00
Australia’s Newcrest may sell Cracow gold mine
Australia’s Newcrest may sell Cracow gold mine SYDNEY, Oct. 11, 2007 (Thomson Financial delivered by Newstex) — Australia’s largest listed gold miner Newcrest Mining Ltd (OOTC:NCMGY) is looking to sell its Cracow gold mine in Queensland, joint venture partner Lion Selection Ltd said Friday. ‘Lion Source: c.moreover.com Inflationary Fears Support Commodity Prices Grain traders were […]
Asian stocks retreat after record run
Stocks markets fell after a recent record-breaking streak, with the Nikkei off 0.5 per cent and MSCI’s index of regional shares excluding Japan down 0.7 per cent Read More…
Baidu-spurred tech slump raises bubble fears
SHANGHAI/SAN FRANCISCO (Reuters) – Technology stocks tumbled on Thursday as a sell-off in shares of Chinese Internet company Baidu.com fuelled concerns that the recent tech rally may be coming to an abrupt end. Read More…
Baidu-spurred tech slump raises bubble fears (Reuters)
Baidu-spurred tech slump raises bubble fears (Reuters) Reuters – Technology stocks tumbled on Thursday as a sell-off in shares of Chinese Internet company Baidu.com fuelled concerns that the recent tech rally may be coming to an abrupt end. Source: news.yahoo.com
Saudis to meet Opec vow with big supply hike to Asia
Saudis to meet Opec vow with big supply hike to Asia Tokyo, Singapore: Saudi Arabia told major Asian refiners yesterday it will raise their crude sales by a tenth in November, more than expected as it meets the lion’s share of Opec’s pledge to boost output, industry sources said. The recovery in shipments Source: c.moreover.com […]
VW leads Europe higher
VW leads Europe higher Volkswagen led a rally by European stocks on Thursday as demand for its vehicles in China surged almost 30 per cent this year and indexes were also buoyed by a bullish performance from telecoms stocksSource: www.ft.com
Nordstrom same-store sales miss expectations
NEW YORK (Reuters) – Upscale department store chain Nordstrom Inc. said on Thursday September sales at stores open at least a year rose 3.2 percent but missed expectations, hurt by lower sales and higher inventory levels. Read More…
Futures rise, data awaited (Reuters)
Reuters – Stock futures rose on Thursday after Wal-Mart Stores Inc. raised its profit outlook, boosting investor optimism even though other retailers reported disappointing monthly sales. Read More…
S.Africa gold output falls 4.9 pct yr/yr in Aug
S.Africa gold output falls 4.9 pct yr/yr in Aug Extract not available. Source: c.moreover.com FTSE rises 0.8 pct, commodities, Vodafone lead LONDON, Oct 11 (Reuters) – Britain’s top share index climbed 0.8 percent by mid-session on Thursday, hitting 12-week highs as commodity stocks and Vodafone (VOD.L: Quote, Profile , Research) gained, but software group Sage (SGE.L: […]
Oil approaches $82 awaiting inventories
Ahead of the latest US inventories data, crude oil prices rose towards the $82 level after gaining more than $1 in the previous session amid heightened geo-political tensions and production problems in Alaska. Read More…
Most Popular Content
- Gold and Copper Prices Dip Amid Trade Turbulence and Tariff Worries
- Copper Prices Hit New Heights Amid Global Trade Tensions
- Oil Markets Respond to OPEC+ Production Signals as Prices Find Support
- Gold Prices Reach Record Highs Amid Economic Uncertainty and Volatility
- Pressure Mounts on the British Pound Following Autumn Budget
- Impact and Outlook for the U.S. Economy on Rate Cut
- Gold and Copper Markets Respond to Powell
- US Stock Market Faces Turbulence and Mixed Commodity Reactions