Copper Declines in Shanghai on U.S. Housing Slump; Zinc Little Changed - September 26, 2007 8:00

Shanghai Copper Falls on U.S. Housing Data; Zinc Little Changed By Glenys Sim Sept. 26 (Bloomberg) — Copper fell in Shanghai on signs that a housing slump is worsening in the U.S., the world’s largest consumer of the metal after China. Sales of Read More… Extract not available. Read More…

Oil and gold slip lower - September 25, 2007 14:00

Crude oil prices extended their decline for a third session as more production was restored by oil companies in the Gulf of Mexico following storm disruptions Read More…

EchoStar mulls spinoff of assets - September 25, 2007 14:00

NEW YORK (Reuters) – Satellite television operator EchoStar Communications Corp said on Tuesday that it was considering a spinoff of its technology and infrastructure assets into a publicly traded company separate from its consumer pay-TV business. Read More… AMSTERDAM (Reuters) – Dutch builder Royal BAM Groep said on Tuesday it is selling its U.S. subsidiary […]

Futures drop on housing, spending worries (Reuters) - September 25, 2007 14:00

Futures drop on housing, spending worries (Reuters) Reuters – Stock futures fell on Tuesday as No. 2 U.S. home builder Lennar Corp. posted a sharp loss, suggesting more deterioration in housing, while warnings from two key retailers raised concern about consumer spending. Source: news.yahoo.com

Commodities: Behind the Global Boom - September 25, 2007 14:00

Commodities: Behind the Global Boom Extract not available. Source: c.moreover.com Shanghai copper up 1 pct, LME hits 9-week peak SINGAPORE (Reuters) – London copper rallied to a nine-week high on Tuesday, while Shanghai futures rose nearly 1 percent, but fears of slowing Chinese demand brought on by strong international prices were likely to cap Shanghai’s […]

Deposit worries hit sterling - September 25, 2007 12:00

Deposit worries hit sterlingSterling took a hit as worries over UK deposit protection raised fresh concerns over the health of the UK financial system in the wake of the recent run on Northern Rock, the troubled mortgage lenderSource: www.ft.com

Indonesia, Exxon Mobil halt Natuna gas talks: official - September 25, 2007 12:00

JAKARTA (Reuters) – Indonesia and Exxon Mobil Corp. have halted negotiations on the disputed Natuna D-Alpha gas block, which is now controlled by the U.S. company, an official at energy watchdog BPMIGAS told Reuters on Tuesday. Read More… FRANKFURT (Reuters) – German semiconductor manufacturer Infineon said on Tuesday it signed an agreement to develop a […]

Oil prices falls back to near $80 - September 25, 2007 12:00

Oil prices falls back to near $80 Extract not available. Source: c.moreover.com Oil Prices Fall Further in Asian Trading SINGAPORE (AP) — Oil prices continued to drop Tuesday after the easing of concerns about supply disruption in the Gulf of Mexico, but analysts said expectations of tighter supplies ahead may limit the decline. Light, sweet […]

Moody’s alters its subprime rating model - September 25, 2007 10:00

Moody’s alters its subprime rating modelRating agency Moody’s is changing the way it rates complex debt products backed by US subprime mortgage bonds to reflect mounting losses in the stricken marketSource: www.ft.com