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.
Categories: Top Market Blogs

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.
Categories: Top Market Blogs

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.
Categories: Top Market Blogs

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)
Categories: Top Market Blogs

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.
Categories: Top Market Blogs

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.
Categories: Top Market Blogs

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.
Categories: Top Market Blogs

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.
Categories: Top Market Blogs

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.
Categories: Top Market Blogs

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.
Categories: Top Market Blogs

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

China rejects steel mills' plea for coking coal output hike -sources

Commodity News - Fri, 09/23/2016 - 05:40
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.
Categories: Top Market Blogs

UPDATE 1-Sony unit, Dalian Wanda in tie-up to tap China's huge movie market

Commodity News - Fri, 09/23/2016 - 05:27
* A boost for Wanda's Hollywood dreams (Adds analyst's quotes and details of deal)
Categories: Top Market Blogs

Britain's FTSE retreats, Polymetal slumps

Commodity News - Fri, 09/23/2016 - 04:57
LONDON, Sept 23 (Reuters) - Britain's top shares index slipped lower on Friday, after a rally this week pushed it near its highest level for 2016, as a fall in Polymetal and other mining stocks weighed on the market.
Categories: Top Market Blogs

UPDATE 1-Anglo American names new finance director

Commodity News - Fri, 09/23/2016 - 03:54
* Analysts cite strong track record in cost-cutting (Updates throughout with context, comment, share price)
Categories: Top Market Blogs

Anglo American names Stephen Pearce as finance director

Commodity News - Fri, 09/23/2016 - 02:14
Sept 23 (Reuters) - Global mining company Anglo American Plc said it named Stephen Pearce as finance director effective April 24, 2017.
Categories: Top Market Blogs

Dalian Wanda to help market Sony Pictures' films in China

Commodity News - Fri, 09/23/2016 - 01:56
SHANGHAI, Sept 23 (Reuters) - Chinese conglomerate Dalian Wanda Group Co will help market movies of Sony Corp's film unit in China under a deal that will also see them co-finance some projects, including Sony Pictures' upcoming movie releases in the world's second largest economy.
Categories: Top Market Blogs

Ukraine plans $1 bln Eurobond guaranteed by USAID - financial source

Commodity News - Thu, 09/22/2016 - 14:37
MOSCOW, Sept 22 (Reuters) - Ukraine plans to issue a $1 billion Eurobond guaranteed by the United States Agency for International Development (USAID), a financial market source told Reuters on Thursday.
Categories: Top Market Blogs

Fewer Chileans living in poverty despite economic slowdown

Commodity News - Thu, 09/22/2016 - 13:58
SANTIAGO, Sept 22 (Reuters) - Fewer Chileans were living in poverty despite weak economic growth in the world's leading copper producer, the government said on Thursday, noting that 11.7 percent of the population was below the poverty line in 2015 compared to 14.4 percent in 2013.
Categories: Top Market Blogs

Pages