Futures drop on profit concerns (Reuters) - October 10, 2007 14:00

Reuters – Stock futures dropped on Wednesday as investors turned cautious about the outlook for profits after Alcoa Inc's earnings missed estimates and International Paper Co. issued a profit warning. Read More…

Commodities: RM1b fund to ensure applicants are committed - October 10, 2007 14:00

Commodities: RM1b fund to ensure applicants are committed Extract not available. Source: c.moreover.com

Dollar falls on uncertain US outlook - October 10, 2007 12:00

The dollar fell after its two-day rally stalled on Tuesday night after minutes from September’s US Federal Reserve meeting failed to rule out the possibility of further rate cuts. Read More…

Starbucks recalls 250,000 kids’ plastic cups - October 10, 2007 12:00

WASHINGTON (Reuters) – Starbucks Corp, the world’s biggest coffee shop chain, recalled 250,000 children’s plastic cups made in China after receiving reports of the cups breaking and posing a choking hazard. Read More… CHIBA, Japan (Reuters) – Nintendo Co Ltd said on Wednesday it would start selling its “Wii Fit” home fitness game in Japan […]

Stock index futures down; earnings in focus (Reuters) - October 10, 2007 12:00

Reuters – Stock index futures were lower before the start of Wall Street trading on Wednesday, a day after share indexes climbed to record highs and with corporate earnings reports expected to set the pace. Read More…

Soybeans and Wheat Go In Opposite Directions - October 10, 2007 12:00

Carryover weakness pressured prices early in the overnight session, but then things began to turn around in the early morning hours. The dollar began working lower and energy and precious metals started to rally. Grain and oilseed prices responded to Read More… PTOKYO — Japanese oil refiners Cosmo Oil Co. and Japan Energy Corp. have […]

Fed cut rates to limit damage from credit turmoil - October 10, 2007 10:00

Fed cut rates to limit damage from credit turmoil WASHINGTON (Reuters) – Concern that a credit crunch and financial market disarray could hit the U.S. economy prompted the Federal Reserve to cut interest rates sharply last month, even though it was unclear how serious any damage could be. Source: feeds.reuters.com Don’t take boom times for […]

Chicago wheat futures continue fall from record peaks - October 10, 2007 10:00

The fall in prices for December ’07 wheat futures contract continued on Tuesday (US eastern time) this week on the Chicago Board of Trade (CBOT). But Tuesday’s fall was only half as steep as Monday’s sharp correction – when prices dropped by US30c/bus – Read More…

Weatherford probed over oil-for-food ties: filing - October 10, 2007 8:00

HOUSTON (Reuters) – Oil services company Weatherford International Inc said in a regulatory filing on Tuesday that the U.S. Justice Department was probing its participation in the oil-for-food program in Iraq. Read More…