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  • SINGAPORE, April 8- Gold held near a two-week high on Friday and was set to post its strongest week in five as the Federal Reserve's caution over raising U.S. interest rates and weakness in the dollar burnished the metal's appeal. *Spot gold had eased 0.3 percent to $1,237.10 an ounce by 0048 GMT, but was not too far from a two-week high of $1,243.50 hit in the previous...

  • MELBOURNE, April 8- London copper slipped on Friday and was facing its largest weekly loss in three months as investors took profits on expectations that China shipments were set to tail off after the peak quarter for demand. *Shanghai Futures Exchange copper ended the overnight session down 2.7 percent at 35,750 yuan a tonne. *China may be about to shock the...

  • MELBOURNE, March 10- London copper fell on Thursday, declining further from a four-month high reached last week, as rising Chinese inflation fanned concerns over its economic growth, offsetting support from a European monetary stimulus expected later today. A weaker dollar and a pledge by China to resolve its oversupplied industries had helped fuel a broad...

  • MELBOURNE, March 10- London copper was little changed on Thursday, but still within reach of a four-month high, as concerns over China's appetite for commodities countered support from expectations of more monetary easing in Europe. *Global merchandise import growth slowed to 1.7 percent in 2015 as China's slower growth path and difficulties in commodity...

  • WASHINGTON, March 9- U.S. wholesale inventories unexpectedly rose in January as sales tumbled, suggesting that efforts by businesses to reduce an inventory overhang could persist well into 2016 and restrain economic growth in the coming quarters. The Commerce Department said on Wednesday wholesale stocks increased 0.3 percent after being unchanged in...

  • WASHINGTON, March 9- U.S. wholesale inventories unexpectedly rose in January as sales tumbled, suggesting that efforts by businesses to reduce an inventory overhang could persist well into 2016 and restrain economic growth. The Commerce Department said on Wednesday wholesale inventories increased 0.3 percent in January. December inventories were...

  • *Rusal sees slower China aluminium output growth. LONDON, March 9- Copper, zinc and other base metals rebounded on Wednesday as speculators piled back into the market on hopes more production cuts would lead to shortages and that top metals consumer China would unleash more stimulus measures. "Prices are being driven by sentiment and momentum at the moment, but on...

  • *New Caledonia may lift ban on nickel ore exports to China. MELBOURNE, March 9- London copper was steady on Wednesday after prices fell the most in a day since November in the previous session when grim China February trade data renewed fears over economic growth in the world's top consumer of metals. Copper has been trying to break to the upside and now it's...

  • MELBOURNE, March 9- London copper was steady on Wednesday, with prices failing to rebound from a tumble in the previous session when grim China February trade data renewed fears over economic growth in the world's top consumer of metals. *Shanghai Futures Exchange were down 2.4 percent at 37,070 yuan a tonne. *Russia's Rusal Plc reported a 53- percent slide in...

  • *The most active wheat futures contract on the Chicago Board of Trade fell 0.27 percent to $4.64 a bushel, having closed up 0.54 percent on Tuesday. *Traders and analysts expect the USDA to further increase its estimates for global corn and soybean inventories from February. *The USDA on Tuesday said private exporters struck deals to sell 110,000 metric tons of...

  • MANILA, March 9- Gold edged lower on Wednesday, slipping with the euro as expectations that the European Central Bank is almost certain to ease policy this week weighed on the single currency. *Spot gold was down 0.6 percent at $1,253.46 an ounce by 0128 GMT. *Investors expect the European Central Bank to cut its deposit rate by at least 10 basis points and expand its...

  • WASHINGTON, Feb 9- U.S. job openings surged in December and the number of Americans voluntarily quitting work hit a nine-year high, pointing to labor market strength despite a slowdown in economic growth. said Joel Naroff, chief economist at Naroff Economic Advisors in Holland, Pennsylvania. Job openings, a measure of labor demand, increased 261,000 to a...

  • WASHINGTON, Feb 9- U.S. wholesale inventories slipped in December for a third straight month as businesses continued to reduce unsold merchandise, suggesting the advance fourth-quarter economic growth estimate could be revised slightly lower. The Commerce Department said on Tuesday wholesale inventories dipped 0.1 percent. November inventories were...

  • SYDNEY, Feb 9- U.S. soybeans rose for the first time in five sessions on Tuesday, coming off their lowest level in nearly one month, though gains were capped as heavy rains improved production prospects in Argentina. *Storms brought moisture to dry fields in Argentina during a key time for crop development. *Traders have been on edge about weather conditions in...

  • SYDNEY, Feb 9- U.S. soybeans rose for the first time in five sessions on Tuesday, coming off their lowest level in nearly two months, though gains were capped as heavy rains improved production prospects in Argentina. *Storms brought moisture to dry fields in Argentina during a key time for crop development. *Traders have been on edge about weather conditions in...

  • MELBOURNE, Feb 9- London copper was underpinned by weakness in the dollar on Tuesday, with extremely low turnover as traders waited for the return of top consumer China next week for fresh signals on demand. Copper topped out at its highest in a month at $4,720 on Thursday and trade is expected to stay quiet with China out this week for the Lunar New Year break.

  • MANILA, Feb 9- Gold stayed near its highest since June at close to $1,200 an ounce on Tuesday, buoyed by uncertainty over global growth that has kept stock markets under immense selling pressure. *Spot gold was flat at $1,191.10 an ounce by 0037 GMT. The metal, which thrives on instability in markets elsewhere, rose as high as $1,200.60 on Monday, its strongest since...

  • BUENOS AIRES, Feb 3- Argentine power distributor Edenor has said that the jump in power rates announced last week will not significantly alter the firm's revenue flows as the increase in tariff paid by the consumer replaces a government subsidy. The energy ministry last week set new seasonal prices charged to distributors in the wholesale electricity market...

  • An employee operates a forklift at the distribution center of the Oregon Freeze Dry facility in Tangent, Oregon.

    U.S. wholesale inventories rose less than expected in December, suggesting a moderation in the pace of stock accumulation.

  • Dhanin Chearavanont, billionaire and chairman of Charoen Pokphand Group Co. (CP Group), pauses while attending a conference hosted by the Thailand-China Chamber of Commerce in Bangkok, Thailand.

    A local currency hit by months of political unrest, and skittish consumers spending less are keeping the pressure on Thai billionaire Dhanin Chearavanont.