Posts tagged with the keyword: ‘COMMODITIES’

Asia shares, commodities rattled by weaker China flash HSBC PMI

Asia shares, commodities rattled by weaker China flash HSBC PMI By Chikako Mogi TOKYO (Reuters) – Asian shares and other riskier assets lost ground on Tuesday after a preliminary reading showed manufacturing growth in China slowed in April, highlighting recent market concerns about global growth prospects. The flash HSBC Purchasing Managers' Index for April fell [...]

Commodities slump sends slow ripples through world economy

Commodities slump sends slow ripples through world economy By Alan Wheatley, Global Economics Correspondent LONDON (Reuters) – Lower airfares, cheaper food and rising profit margins are among the benefits that should flow from tumbling oil and commodity prices – but only after a long lead time. Having poured $ 400 billion into commodities over the [...]

Doubt on Fed easing hits shares, commodities

Doubt on Fed easing hits shares, commodities LONDON (Reuters) – World share markets fell and the dollar and safe-haven assets rose on Thursday, a day after minutes of the Federal Reserve's last policy meeting cast doubts over how much longer the U.S. central bank would stick to its stimulus plan. After the minutes were released [...]

Insight: Banks struggle to adapt or survive in commodities

Insight: Banks struggle to adapt or survive in commodities LONDON (Reuters) – Stick, twist or fold? Like card players, the top five banks in global commodities trade have reached the point where they must decide to hold strategy, adapt, or give up and get out. The boom in resource markets that started 10 years ago [...]

Asian shares, commodities rise on stimulus steps

Asian shares, commodities rise on stimulus steps TOKYO (Reuters) – Assets from Asian shares to oil to gold rose on Friday and the euro steadied as stimulus measures from major central banks continued to buoy investor confidence, offsetting weak economic data. The MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.7 percent after slipping [...]

Global shares struggle, commodities down as Fed disappoints

Global shares struggle, commodities down as Fed disappoints SINGAPORE (Reuters) – Asian stocks struggled and commodities fell broadly on Thursday after the Federal Reserve ramped up monetary stimulus by expanding "Operation Twist", but disappointed some investors who had been hoping for more aggressive measures. The U.S. central bank, as expected, extended its program of selling [...]

Exclusive: Barclays loses commodities trading chief Jones to Mercuria

Exclusive: Barclays loses commodities trading chief Jones to Mercuria LONDON (Reuters) – Barclays has lost its commodities trading chief Roger Jones to Swiss trader Mercuria, one of the biggest in a series of moves by commodities traders from banks to less-regulated trading operations. Dozens of traders have recently quit top commodities trading banks such as [...]

Exclusive: Barclays loses commodities trading chief Jones to Mercuria

Exclusive: Barclays loses commodities trading chief Jones to Mercuria LONDON (Reuters) – Barclays has lost its commodities trading chief Roger Jones to Swiss trader Mercuria, one of the biggest in a series of moves by commodities traders from banks to less-regulated trading operations. Dozens of traders have recently quit top commodities trading banks such as [...]

Exclusive: Barclays loses commodities trading chief Jones to Mercuria

Exclusive: Barclays loses commodities trading chief Jones to Mercuria LONDON (Reuters) – Barclays has lost its commodities trading chief Roger Jones to Swiss trader Mercuria in one of the biggest moves by commodities traders from banks, scrutinized by regulators. Dozens of traders have recently quit top commodities trading banks such as Barclays, Goldman Sachs , [...]

Glencore benefits from price rise for commodities (AP)

Glencore benefits from price rise for commodities (AP) AP – Commodities giant Glencore International PLC reported a 7 percent rise in full-year profit Monday, citing rising prices for key raw materials such as oil, copper and wheat, and steadily growing demand in developing countries.

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