SINGAPORE, July 6- Most commodity prices suffered falls on Monday, compounding worries about oversupply, after Greece rejected terms for a bailout and top consumer China unleashed emergency measures over the weekend to prevent a full-blown stock market crash. "As far as Greece is concerned, if we are going to see a drawn-out period of uncertainty, that may be...» Read More
LONDON, March 13- Visible copper stocks are surging higher. Those registered with the Shanghai Futures Exchange jumped again this week to 241,616 tonnes. They are now up by 136,000 tonnes since the start of January and close to the record high of 247,591 tonnes seen in March 2013.
COLOMBO, March 13- When Sri Lanka's President Maithripala Sirisena received India's Prime Minister Narendra Modi at an ocean-front colonial building on Friday, the two looked out over a $1.4 billion Chinese real estate project halted days ago after criticism from New Delhi. India and China are increasingly jostling for influence in South Asia and the Indian...
LONDON, March 13- Copper slipped from 10- day highs on Wednesday as the dollar regained its poise, though losses were limited by falls in mine output this year and as traders bet that easier lending could improve demand from top consumer China. Copper, however, received support from Chinese data showing that the country's banks extended 1.02 trillion yuan of new...
BRITAIN DISCUSSED PLANS TO JOIN CHINA- BACKED INVESTMENT BANK WITH UNITED STATES BEFOREHAND, SAYS SOMETIMES TAKES DIFFERENT APPROACH TO WASHINGTON- PM CAMERON'S SPOKESMAN.
BRITAIN DOESN'T THINK ITS DECISION TO JOIN CHINA- BACKED INVESTMENT BANK WILL DAMAGE ITS TIES WITH THE UNITED STATES- PM CAMERON'S SPOKESMAN.
BRITAIN SAYS CHINA- BACKED BANK WILL BE' COMPLEMENTARY' TO OTHER FUNDING INSTITUTIONS, SAYS GENUINE NICHE EXISTS FOR IT- PM CAMERON'S SPOKESMAN.
BRITAIN BELIEVES IT IS IN ITS OWN "NATIONAL INTEREST" TO BE FOUNDING MEMBER OF CHINA- BACKED BANK- PM CAMERON'S SPOKESMAN.
BRITAIN REJECTS IDEA THAT ITS DECISION TO JOIN CHINA- BACKED BANK IS PART OF NEGATIVE PATTERN IN ITS POLICY TOWARDS BEIJING- PM CAMERON'S SPOKESMAN.
BRITAIN THINKS ITS MEMBERSHIP OF CHINA- BACKED BANK WILL ALLOW IT TO HELP SHAPE ITS GOVERNANCE, ENSURE IT IS TRANSPARENT- PM CAMERON'S SPOKESMAN.
LONDON, March 13- U.S. investment bank Goldman Sachs slashed its forecasts for the euro on Friday, predicting that it will fall through parity with the dollar within a year and plunge to a new record low of $0.80 by the end of 2017.. Goldman now sees the euro at $0.95 within 12 months, compared with $1.08 at the time of its last published forecasts in late January, $0.85...
March 13- Generic drugmaker Par Pharmaceutical Holdings Inc, owned by private equity firm TPG Capital, filed with U.S. regulators for an initial public offering of common stock. The major underwriters include J.P. Morgan, Goldman Sachs& Co, Citigroup and Morgan Stanley, Par Pharma said in a filing to the U. S Securities and Exchange Commission on Friday.
*Cut was second since start of year. MOSCOW, March 13- The Russian central bank cut its main lending rate on Friday, for the second time this year, putting concerns about the declining economy before worries about high inflation. At 1050 GMT it was at 61.37 against the dollar, down around 0.3 percent on the day, having been down around 0.5 percent before the rate cut.
*Gold climbs after longest losing streak since 1973. LONDON, March 13- Gold firmed on Friday after nine straight sessions of losses, the precious metal's worst losing streak in more than 40 years, as the dollar nursed losses following its extended rally. Gold's losing run up to Thursday was the worst since August 1973, when prices fell 10 days in a row.
*S&P may be poised for third straight weekly decline. *FXCM rallies in premarket after strong results. NEW YORK, March 13- U.S. stock index futures were little changed on Friday as investors held off on making bets following a volatile week that was marked by sharp swings in both directions.
MICROSOFT SAYS NEXT VERSION OF CORTANA DIGITAL ASSISTANT WILL READ AND UNDERSTAND EMAIL.
NEW YORK, March 13- A U.S. housing regulator is set to take two of the world's biggest banks to trial on Monday to try and recoup more than $1 billion in damages over mortgage bonds sold to government-run mortgage finance companies ahead of the 2008 economic crisis. Lawyers for the regulator will face off with attorneys of Nomura Holdings Inc and Royal Bank of...
MICROSOFT TO ALLOW CORTANA ASSISTANT TO BE USED ON APPLE, GOOGLE DEVICES; TIMING UNCLEAR-SOURCES.
NEW YORK, March 13- Corporate America's profit engine may be running out of steam. This year's U.S. profit estimates have fallen sharply in recent months to a mere 1.7 percent growth, Thomson Reuters data shows, as analysts cut already gloomy forecasts for energy company earnings and the dollar keeps climbing, hurting U.S. exporters, including multinationals.
SEATTLE, March 13- Microsoft is working on an advanced version of its competitor to Apple's Siri, using research from an artificial intelligence project called "Einstein." Microsoft has been running its "personal assistant" Cortana on its Windows phones for a year, and will put the new version on the desktop with the arrival of Windows 10 this autumn.
SAN FRANCISCO, March 13- Jurors will have an opportunity to pose their own questions on Friday to the ex-partner who filed a sexual discrimination case against Kleiner Perkins Caufield& Byers, which could reveal their impressions in the third week of trial. At least 37 states, including California, permit jurors to pose their own questions in civil cases once the...