CNBC's Sharon Epperson discusses the day's activity in the commodities markets and looks ahead to where oil and precious metals are likely headed next week.» Read More
LONDON, Oct 16- China's likely sale of sophisticated missiles to Turkey over the objections of its NATO allies might have angered Washington and other capitals, but it should not have been a surprise. China has tended to follow Russia's lead on the Middle East, sometimes appearing sidelined on issues such as Syria.
SINGAPORE, Oct 14- Gold was hovering near three-month lows on Monday after large fund trades in the previous session rattled investors, despite the failure of weekend talks in Washington to reach an agreement to avert a U.S. debt default. *Spot gold was down 0.07 percent at $1,271.76 an ounce by 0026 GMT.
Oct 13- Senegal is reviving plans to issue its first Islamic bond through a 100 billion CFA franc sukuk programme that would be launched next year, officials said.
If you want to break OPEC, approve the long-delayed Keystone XL oil pipeline, T. Boone Pickens tells CNBC.
*France fears Geneva 2 could be mere photo opportunity. BEIRUT, Oct 8- Diplomatic momentum is building to bring Syria's warring parties together for peace talks, but with Bashar al-Assad in no mood for concessions and his opponents still deeply divided there is little prospect for an early end to the catastrophic civil war.
RIYADH, Oct 5- The central bank of Saudi Arabia, one of the world's top holders of U.S. government bonds, said on Saturday it was not worried by the political deadlock in Washington that could cause the United States to default on its debt.
Now that the U.S. has edged past Russia as the world's largest oil and gas producer, the drumbeat to export some of that oil bounty might get louder.
The previously unknown extent of Rizvi's involvement in Twitter comes as the eight-year-old company prepares for Silicon Valley's biggest coming-out-party since Facebook Inc in 2012..
DUBAI, Oct 3- Saudi water and power project developer ACWA Power plans to sell an $800 million debut Islamic bond this year and list on the Saudi stock exchange around the end of 2014 as it ramps up production capacity, its chief executive said on Thursday.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets and looks ahead to where oil and precious metals are likely headed next week.
CNBC's Bertha Coombs discusses the day's activity in the commodities markets and looks ahead to where oil and precious metals are likely headed next week.
*Syria, Egypt policy leave Erdogan isolated in Middle East. Finding himself in what one adviser calls "worthy solitude", Erdogan risks alienating some important Gulf investors in Turkey as well as weakening his diplomatic clout with international powers and Egypt's new military-backed rulers.
SYDNEY/ KUALA LUMPUR, Sept 15- Islamic pensions are making inroads in several majority-Muslim countries, and their success may help the growth of asset management industries across much of Asia and the Middle East.
CNBC's Sharon Epperson discusses the day's activity in the commodities markets. Next week is all about the Fed. If it announces a larger-than-expected taper, it could create more weakness in gold.
ISTANBUL, Sept 13- The Syrian opposition coalition will appoint a provisional prime minister on Saturday to raise its international credibility as high-stakes diplomacy plays out between Washington and Moscow to resolve Syria's two and a half year civil war, National Coalition officials said.
*Syria one of only seven countries yet to join chemical weapons ban. GENEVA/ UNITED NATIONS, Sept 12- Syria applied on Thursday to sign up to the global ban on chemical weapons, a major first step in a Russian-backed plan that would see it abandon its arsenal of poison gas to avert U.S. military strikes.
*Investors wait to see if diplomacy averts attack on Syria. LONDON, Sept 12- Global oil prices rose above $112 a barrel on Thursday as investors waited to see if diplomatic efforts to eliminate Syria's chemical weapons would avert a U.S. strike that could further disrupt Middle East supplies.
Secretary of State John Kerry flew into Geneva on Thursday to hear Russia's plans to disarm Syria of its chemical weapons and avert U.S.-led military strikes, an initiative that has transformed diplomacy in the two-and-a-half-year-old civil war.
SEOUL, Sept 12- The global oil market is well balanced and top exporter Saudi Arabia ready to supply whatever volume of crude is needed to meet demand, Saudi Oil Minister Ali al-Naimi said on Thursday.
The waning likelihood of an immediate U.S. military strike on Syria also continued to undermine the dollar. The five permanent veto-wielding powers of the U.N. Security Council met in New York on Wednesday to discuss plans to bring Syria's chemical weapons under international control.