Search Results for: commodity
FCA Said to Observe Banks’ London Gold-Fixing Calls
April 25th, 2014
Regulators are stepping up their scrutiny of how gold prices are set, with officials from Britain’s Financial Conduct Authority visiting Societe Generale SA (GLE) to observe the so-called London fixing process, two people with knowledge of the matter said. ...
Asia Stocks Slide as Russia’s Micex Drops on Ukraine
April 25th, 2014
Asian stocks fell, with the regional benchmark index heading toward a weekly loss. Russian shares fell a fifth day, wheat climbed and nickel pared the biggest monthly advance since 2012 as the U.S. warned Russia of an “expensive mistake” ...
HKEx and Minsheng sign MOU
April 24th, 2014
Hong Kong Exchanges and Clearing Limited (HKEx) and the Hong Kong branch of China Minsheng Banking Corp, Ltd (Minsheng) today (Wednesday) signed a memorandum of understanding (MOU) for strategic cooperation on solutions for market users and product development. The ...
HKEx Launches First Asian Commodities Contracts
April 23rd, 2014
Hong Kong Exchanges and Clearing Limited (HKEx) has announced that it plans to launch its commodities business with four futures contracts that will be traded in its derivatives market in Hong Kong. HKEx aims to introduce the contracts – ...
P&G Hopes New Razor Keeps Its Results On The Cutting Edge
April 22nd, 2014
It’s been said that if you build a better mousetrap the world will beat a path to your door, but what about razors and tooth whitener? We’ll find out on Wednesday when Procter & Gamble Co. (NYSE:PG), the Cincinnati ...
Dollar Gains 7th Day as Economic Data Signal Growth
April 22nd, 2014
The dollar gained for a seventh day against a basket of peers, the longest streak in almost a year, as revised data in a Federal Reserve Bank of Chicago index signaled greater-than-forecast strength in the U.S. economy. The yen ...
Angola Is Moving Into Oil’s Big Leagues As it Leaves Decades Of War Behind
April 17th, 2014
After decades of sporadic growth and political turmoil, Angola is on the verge of catapulting to the top ranks of the world’s energy economy following major deep-water production investments by several top global oil companies. On Monday, France’s Total ...
Oil prices rise on continuing tension in Ukraine
April 14th, 2014
Crude oil prices have risen amid continuing tensions in Ukraine and concerns about possible disruptions to Russian gas supplies. The price of Brent crude futures rose above $108 a barrel in Monday trading – a gain of 0.8% on ...
Asia Stocks Cut Gain as Emerging Currencies Fall on China
April 10th, 2014
Asian stocks pared gains, while emerging-market and commodity producers’ currencies slipped as a surprise drop in China’s trade tempered optimism after the Federal Reserve eased concern about U.S. rate rises. Indonesian equities tumbled after elections failed to show a ...
Age of Gas Seen as Sideshow to U.S. Producers Prizing Oil
April 8th, 2014
The “golden age of gas” that the International Energy Agency foresees as a result of the U.S. energy boom is hardly the future being embraced by industry executives. At least based on comments from company officials presenting at the ...
