JAKARTA, March 11- U.S. mining giant Freeport-McMoRan Copper and Gold Inc has cut production at its Indonesian copper and gold mine by around 60 percent, a union official told Reuters on Tuesday, two months after halting exports over a dispute with the government on a new export tax.» Read More
Global stocks were mixed on Thursday, with Asian shares closing lower, while European shares edged up to trade flat on the day, ahead of U.S. third-quarter GDP data. Experts told CNBC that despite an expected rise in activity in the world's largest economy, oil is still susceptible to a drop in price.
Global stocks were lower on Wednesday on worries of the pace of the economic recovery after a dip in U.S. consumer confidence. But experts told CNBC the market still has upward momentum.
Global stocks were mixed on Tuesday, as Asian shares followed Wall Street's overnight selloff, while European share rose on the back of a positive outlook from BP. Experts told CNBC a pullback would be healthy as it will set up the market for another rally.
Global stocks rose on Monday, starting the week in positive territory, ahead of another host of corporate earnings results. Experts told CNBC investors should begin to return to a fundamentals-focused portfolio.
Global stocks fell on Thursday, tracking Wall Street's overnight losses as some corporate earnings disappoint. The dollar rose while oil and gold took a breather. Experts told CNBC markets are heading for a down period, so it may be wise to invest in safe-haven gold.
Global stocks were in the red on Wednesday as profit taking in technology stocks pushed Asian shares lower. Experts told CNBC there is a small correction ahead, then stocks can move upwards from there.
Global stocks were mixed Tuesday, with European shares falling after hitting new one-year closing highs in the previous trading session. Experts told CNBC the rally still has one more leg up but they urge investors to approach it with caution.
Global stocks began the week in positive territory Monday as the dollar dipped against major currencies and another wave of corporate results is due out this week.
The S&P 500 index is likely to continue trading higher, but investors should remain wary of the market, as it lacks distinct momentum, Chris Locke, managing director at Oystertrade.com Management, said.
An enormous precious stone listed on a now bankrupt company's books for the value of 11 million pounds ($17.4 million) is probably not worth more than 100 pounds, British media reported Friday.
China has had recurring periods of greatness and recurring periods of disaster and now is the time to be in China, Jim Rogers, chairman of Rogers Holdings, told CNBC as China celebrates 60 years of communist rule.
Commodities are the best area to invest in, as they protect against inflation and prices will rise if Asia's economies take off, Jim Rogers, CEO of Rogers Holdings, told CNBC Thursday.
Global stocks reached new 11-month highs on Friday, boosted by positive Chinese economic data. The Shanghai Composite closed 2.2 percent higher after robust retail, production and investment data for August indicated China's economy is accelerating. But experts tell CNBC Chinese stocks will see another correction before year end.
The 2009 stock market rally continued unabated on Thursday as global stocks hit fresh 11-month highs. Experts tell CNBC they see for long-term upside for oil and that sugar holds value.
Global stocks were lower on Wednesday, taking a breather after hitting 11-month highs the previous day as gold breeched the $1,000 an ounce mark. Experts tell CNBC world markets will continue to make gains, with the U.S. possibly rising another 15-20 percent.
Stocks moved higher near the close as oil prices surged more than $3 a barrel and gold made a run at $1,000 an ounce before backing off.
Stock prices steadied at modestly higher levels as Wall Street staked a rally on rising prices of gold and oil.
Merger Monday is a day late this week because of the Labor Day Holiday, but it's Kraft's pursuit of Cadbury that's helping drive stock market sentiment this Tuesday.
Global stocks rose for the second day in a row on Tuesday with emerging market shares hitting new year highs and gold rising above $1,000 an ounce. Experts tell CNBC the dollar will fall in the short-term as investors' interest in stocks peaks.
Global stocks rose on Monday as investors jumped back into equities. Experts tell CNBC investors should buy bonds when the market dips and to gently increase their exposure to stocks.