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ChemChina seeks EU okay for Syngenta deal, decision due Oct. 28

Commodity News - 3 hours 52 min ago
BRUSSELS, Sept 26 (Reuters) - China National Chemical Corp (ChemChina) has sought antitrust approval for its $43 billion bid for Swiss pesticides and seeds group Syngenta from the European Union and a decision is expected by Oct. 28.
Categories: Top Market Blogs

Brexit shock has been digested for now, Ifo economist says

Commodity News - 5 hours 12 min ago
MUNICH, Sept 26 (Reuters) - The shock over Britain's decision to quit the European Union has been overcome for now, Ifo economist Klaus Wohlrabe told Reuters on Monday after the institute's monthly survey showed business morale in Germany surging in September.
Categories: Top Market Blogs

European shares fall as banking and energy stocks decline

Commodity News - 5 hours 51 min ago
LONDON, Sept 26 (Reuters) - European stocks fell on Monday, weighed down by a pullback in the shares of major banking and energy companies.
Categories: Top Market Blogs

Indonesian diesel demand picks up as coal miners churn out more

Commodity News - 6 hours 43 min ago
* First time diesel demand from mining sector has risen since 2012
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COLUMN-China buys record North Korean coal as sanctions ignored: Russell

Commodity News - 8 hours 39 min ago
LAUNCESTON, Australia, Sept 26 (Reuters) - It appears that China is interpreting the "people's well-being" as meaning North Korea should be able to export record amounts of coal in defiance of sanctions against the rogue nuclear-armed state.
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UPDATE 1-S.Korea prosecutors request arrest warrant for Lotte chairman Shin Dong-bin

Commodity News - Sun, 09/25/2016 - 22:42
* Court hearing on request expected around Weds -Yonhap (Adds expected Seoul court hearing schedule, amount under suspicion)
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Lotte says S.Korea prosecutors requested arrest warrant for chairman Shin Dong-bin

Commodity News - Sun, 09/25/2016 - 22:02
SEOUL, Sept 26 (Reuters) - South Korea's Lotte Group said in a statement on Monday that prosecutors have requested an arrest warrant for its chairman Shin Dong-bin, the latest twist in a sweeping criminal probe into the country's fifth-largest conglomerate.
Categories: Top Market Blogs

China's largest lead and zinc mine discovered in Xinjiang - Xinhua

Commodity News - Sun, 09/25/2016 - 05:45
BEIJING, Sept 25 (Reuters) - China's largest lead and zinc mine has been discovered in the country's far-western region of Xinjiang, the official Xinhua news agency reported on Sunday.
Categories: Top Market Blogs

U.S. moves toward finalizing duties on certain Indian steel pipe

Commodity News - Fri, 09/23/2016 - 15:25
WASHINGTON, Sept 23 (Reuters) - The U.S. Commerce Department on Friday said India was dumping welded stainless pressure pipe in the United States at below market value and unfairly subsidizing the products.
Categories: Top Market Blogs

Chile gets $100 million IADB loan to fight corruption

Commodity News - Fri, 09/23/2016 - 13:59
SANTIAGO, Sept 23 (Reuters) - The Chilean government on Friday said it signed a $100 million loan agreement with the Inter-American Development to help the South American nation fight corruption and improve transparency in both the public and private sectors.
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Morocco, seeking support for W.Sahara plan, asks to rejoin African bloc

Commodity News - Fri, 09/23/2016 - 12:36
RABAT, Sept 23 (Reuters) - Morocco has applied to rejoin the African Union 32 years after it left, the bloc said on Friday, as the North African kingdom seeks support for its plan to end a decades-old row over Western Sahara.
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Britain's FTSE 100 records best week in 3 months

Commodity News - Fri, 09/23/2016 - 12:33
LONDON, Sept 23 (Reuters) - Britain's top share index completed its best week in almost three months on Friday, holding on to recent gains as a rally in housebuilders on the back of some positive broker comments offset weaker banks.
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UPDATE 1-BASF to continue to invest in Asia despite slowdown

Commodity News - Fri, 09/23/2016 - 12:22
* Asian markets still offer above-average long-term growth (Adds quote from executive board member, investment figures, industry background)
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Sri Lankan shares up for third straight session on blue chips

Commodity News - Fri, 09/23/2016 - 08:34
COLOMBO, Sept 23 (Reuters) - Sri Lankan stocks edged up for a third straight session on Friday posting a more than one week closing high, led by gains in large cap shares amid investor appetite for stocks that took a hit earlier in the week due to a proposed tax increase.
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UPDATE 1-Russia may borrow up to $7 billion abroad in 2017

Commodity News - Fri, 09/23/2016 - 07:47
MOSCOW, Sept 23 (Reuters) - Russia may increase its foreign borrowing next year to $7 billion, but the decision will have to be taken carefully to avoid inflationary risks, Finance Minister Anton Siluanov said on Friday.
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The unintended consequences of China's coal cuts: pain for steel mills

Commodity News - Fri, 09/23/2016 - 06:58
BEIJING, Sept 23 (Reuters) - The unintended consequences of China's efforts to shrink its coal industry emerged this week as Beijing called another last-minute industry meeting after government-enforced mine closures choked off coking coal supplies to troubled steel mills.
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Russian finmin: oil export duty to come down in 2017 as planned

Commodity News - Fri, 09/23/2016 - 06:38
MOSCOW, Sept 23 (Reuters) - Russian finance ministry does not plan to change the parameters of existing oil export duty calculation, which is set to come down next year to 30 percent, the minister Anton Siluanov told reporters on Friday.
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UPDATE 1-China rejects steel mills' plea for coking coal output hike -sources

Commodity News - Fri, 09/23/2016 - 06:30
BEIJING, Sept 23 (Reuters) - China's state planner rejected a request on Friday by the nation's steel makers for coal mines to ramp up coking coal output to help ease supply tightness that has triggered a frenzied price rally, sources said.
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Russia may borrow up to $7 bln on external markets in 2017

Commodity News - Fri, 09/23/2016 - 06:11
MOSCOW, Sept 23 (Reuters) - Russia may borrow up to $7 billion on external markets in 2017, Finance Minister Anton Siluanov told a briefing in Moscow on Friday.
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Policy flip-flop? Indonesia nickel smelter investors fret over possible rule changes

Commodity News - Fri, 09/23/2016 - 06:01
JAKARTA, Sept 23 (Reuters) - Indonesian nickel smelter investors fear the government of President Joko Widodo will change rules that have supported prices of the metal, and put up to $12 billion in its budding smelting and mineral processing industry at risk.
Categories: Top Market Blogs