Billionaire Ciputra is a household name in Indonesia and now, he's inspiring the next wave of entrepreneurs.» Read More
The scenario raises concerns among many economists of what's become known as "sudden stops" in western investment flows to emerging markets- the most spectacular being the 1997/ 98 currency crises across Asia, Russia and Latin America but yet again at the height of the credit crisis in late 2008/ 2009..
*Copper surplus forecast at 98,500 T in Reuters April poll. SINGAPORE/ LONDON, May 24- A series of copper mine shutdowns and supply logjams has prompted some analysts to scale down forecasts for a market surplus, but it would take more disruptions to swing the market into a deficit.
LONDON/ SINGAPORE, May 24- Copper was little changed on Friday as investors weighed the potential impact on metals demand of Thursday's data providing a more upbeat U.S. jobs picture but also showing slower industrial activity in top metals consumer China.
TOKYO, May 24- Mitsubishi Motors Corp, the Japanese maker of Triton pickups, the Outlander Sport SUV and iMiEV electric car, wants shareholders to approve a capital reorganisation to clear more than $9 billion of accumulated losses, and pave the way for the resumption of dividends after a 15- year gap.
SINGAPORE, May 24- London copper futures edged higher on Friday after falling the most in three weeks the session before on signs that growth had stalled in top consumer China.
SINGAPORE, May 24- London copper futures edged higher on Friday after falling the most in three weeks the session before on signs that growth had stalled in top consumer China. *The most-traded September copper contract on the Shanghai Futures Exchange was little changed at 52,680 yuan a tonne.
*Gold up after Fed official says no hurry to ditch stimulus. *Copper slumps on weak China manufacturing activity data. NEW YORK, May 23- Oil tracked a recovery in U.S. stocks to erase the bulk of its early losses on Thursday but copper slumped, reversing gains from the previous session, after data suggesting weak manufacturing activity in top metals buyer China.
*Copper falls as much as 3 pct, oil down for third day. *Gold bounces, grains shake off weakness on strong demand. LONDON/ SINGAPORE, May 23- Copper slid 3 percent and oil dropped for a third day on Thursday after factory surveys suggested that China's economic recovery has stalled and that the euro zone economy would contract again in the second quarter.
LONDON, May 23- Copper reversed the week's gains, sliding as much as 3 percent on Thursday after a survey showed factory activity in top metals consumer China shrank for the first time in seven months. China is the world's biggest consumer of industrial metals, taking 40 percent of the global supply of refined copper.
*Coming Up; U.S. jobless claims 1230 GMT. LONDON, May 23- Copper reversed the week's gains, sliding as much as 3 percent on Thursday after a survey showed China's manufacturing sector contracted, but a shutdown at one of the world's biggest mines in Indonesia helped cap losses.
JAKARTA, May 23- All investigations into a tunnel collapse that killed 28 people at the world's No.2 copper mine, run by Freeport McMoRan Copper& Gold Inc in Indonesia, must be completed before workers return, a trade union official said on Thursday.
SINGAPORE, May 23- London copper fell more than 2 percent on Thursday after a preliminary survey showed China's factory sector contracted in May, hitting sentiment already soured by concerns the United States may pull back on its bond-buying program.
*Gold falls as Bernanke cautions about low US rates. *Copper hits 6- week high after no word on Grasberg restart. Copper hit a six-week high on a continued production outage at Indonesia's Grasberg copper mine after a tunnel collapse that killed 28 workers at the world's second-largest copper mine.
LONDON, May 22- Copper hit a six week high on Wednesday as a production outage at the world's second-largest copper mine looked set to continue, though gains were capped as investors digested comments on monetary easing from the U.S.
*Several dealers doubt China will raise import duty. LONDON/ BEIJING, May 22- A slide in sugar prices driven by excess supplies may be given fresh impetus soon with China, one of the world's top importers, likely to cut back on purchases after a sharp jump in stocks. "If China were to continue to buy large tonnages of sugar, that would be a bullish signal.
*Freeport death toll rises, mine remains shut. LONDON, May 22- Copper rose to its highest level in two weeks on Wednesday, as the dollar weakened and a production outage at world's second-largest copper mine in Indonesia after a tunnel collapse looked set to continue indefinitely.
JAKARTA, May 22- Freeport McMoRan Copper and Gold Inc said it will not restart production at the world's second-largest copper mine in Indonesia after a tunnel collapse that killed 28 workers until it is convinced of the mine's safety.
--Clyde Russell is a Reuters market analyst. LAUNCESTON, Australia, May 22- Asian giants China and India may be planning to improve the quality of coal they are burning, but it's unlikely any changes will have much effect on the level of imports for the foreseeable future.
LONDON, May 21- Copper dipped on Tuesday after disappointing import numbers from top consumer China, but losses were capped by a protracted production outage in Indonesia. Copper has rebounded from 18- month lows hit earlier this month below $6,800 a tonne on growing confidence that the U.S. recovery is on track, but the metal is still down some 7 percent this year.
LONDON, May 21- Copper rose on Tuesday as investors remained confident about the U.S. economic recovery and kept an eye on a protracted production outage in Indonesia, though gains were capped by disappointing import numbers from top consumer China.