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Gold and Oil News - November 5, 2007 15:00
Harvest: Wheat quality a concern in Qld
High screenings and lighter than expected bushel weights are impacting on the winter crop harvest in Queensland, but nationally AWB is reporting a strong commitment of grain to the National Pool. AgForce Grains president, Lyndon Pfeffer, said current Read More…
Hong Kong leads Asian stock fall
Hong Kong shares fell 5 per cent after Chinese Premier Wen Jiabao’s intervention to freeze a programme to allow mainland citizens to buy shares in the city’s stock market Read More…
ChemChina offers $2.75 billion for Australia’s Nufarm
SYDNEY (Reuters) – China National Chemical Corp (ChemChina) and U.S. private equity firms offered up to A$3 billion ($2.75 billion) on Monday for Australia’s Nufarm Ltd , a deal that would create the world’s largest generic farm chemicals firm. Read More… NEW YORK (Reuters) – Charles Prince resigned on Sunday as chairman and chief executive […]
Wall Street futures down (Reuters)
Reuters – Futures on benchmark U.S. stock market indexes fell before Wall Street’s opening on Monday, with the focus on Citigroup after news of CEO Charles Prince’s resignation. Read More…
Bullion River Gold Reports Expected Initial Positive Cash Flow for French Gulch Operations in October 2007
Bullion River Gold Reports Expected Initial Positive Cash Flow for French Gulch Operations in October 2007 Bullion River Gold Corp. (OTCBB: BLRV) announced earlier today that according to preliminary production statistics for the Company’s French Gulch Mining operation, the value of gold recovered last month (Oct-2007) at the Company’s California-based mine Source: c.moreover.com Unity Bank […]
Hong Kong leads Asian stock fall
Hong Kong shares fell 5 per cent after Chinese Premier Wen Jiabao’s intervention to freeze a programme to allow mainland citizens to buy shares in the city’s stock market Read More…
MySpace, others, showcase targeted Web advertising
MySpace, others, showcase targeted Web advertising NEW YORK (Reuters) – As investors bet on the future of social networks, some of the biggest players in the field are due to unveil this week ways of piping in advertising to the most personal of media formats. Source: feeds.reuters.com
World shares fall as Citi reignites credit concerns (Reuters)
World shares fall as Citi reignites credit concerns (Reuters) Reuters – World stocks fell and safe-haven bonds surged on Monday after fears of major losses in Citigroup rekindled concerns about the health of financial firms hit by the credit market turmoil. Source: news.yahoo.com
TABLE-Malaysian tin edges lower on technical correction
TABLE-Malaysian tin edges lower on technical correction KL Volumes Premium/ Spot Bid Offer Final (Discount)* Nov 5 16,550 22 62 47 (35-J, 12-M, 0-E)# 295 Nov 2 16,600 32 72 45 (23-J, 20-E, 2-M) 420 Nov 1 16,750 22 61 22 (20-E, 2-M, 0-J) 335 Oct 31 17,050 63 26 28 (15-J, 13-M, 0-E) 675 […]
Has the Housing Market Hit Bottom?
The epicenter of current market tremors is the depressed housing sector. As contrarians we need to consider whether the psychology is sufficiently pessimistic so as to create a bottom and thus offer a huge buying opportunity. Are we there yet? Has the housing market hit bottom or is there still more pain to come?
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