NEW YORK/ LONDON, July 18- Raw sugar futures on ICE fell on Thursday to their lowest levels in eight weeks, pressured by signals of weak Asian demand and the prospect of Indian exports, while New York cocoa prices inched higher. *October raw sugar settled down 0.24 cent, or 2%, at 11.55 cents per lb, after hitting a May 23 low of 11.53 cents. *October white sugar settled up...
Andrew Gillan of Janus Henderson Investors says he likes markets in the Philippines and Indonesia, and explains why it's difficult to invest in Vietnam despite its attractiveness.
Many Asian countries have made headlines for strict punishments for cannabis, but some are nevertheless softening their attitude.
NEW YORK/ LONDON, July 12- Arabica coffee futures on ICE eased on Friday, with the outlook for Brazil's 2020 crop remaining favorable despite last weekend's frost, while August white sugar tumbled to an 11- month low ahead of the contract's expiry next week. *Much of the week's losses occurred on Monday, when prices fell sharply as early assessments of a weekend...
*Yunnan, Guangxi among 4 busiest property markets. XISHUANGBANNA, China, July 12- A bus came to a halt amid a tropical rainforest not far from China's border with Myanmar, dropping off about 30 investors on a property tour, some with children in tow. Their objective: to snap up a piece of China's hottest real estate.
LONDON, July 11- Oil prices hit a six-week high on Thursday as oil rigs in the Gulf of Mexico were evacuated ahead of a storm, while an incident with a British tanker in the Middle East highlighted tensions in the region. West Texas Intermediate crude futures were up 31 cents, at $60.74 a barrel, having earlier touched their highest since May 23 at $60.94.
LONDON, July 11- Oil prices hit a six-week high on Thursday as oil rigs in the Gulf of Mexico were evacuated ahead of a storm, while an incident with a British tanker in the Middle East highlighted tensions in the region. West Texas Intermediate crude futures were up 33 cents, at $60.76 a barrel, having earlier touched their highest since May 23 at $60.94.
*Incident with British tanker underscores Middle East tensions. TOKYO, July 11- Oil futures hit a six-week high on Thursday as oil rigs in the Gulf of Mexico were evacuated ahead of a storm, while an incident with a British tanker in the Middle East highlighted ongoing tensions in the region. Tensions have been high in the Middle East after attacks on tankers and the...
Efforts by Thailand's central bank to talk down a spike in auto loans amid wider concerns about household debt have sent a chill across the country's car dealers, which are struggling to source finance for new customers.
TOKYO, July 11- U.S. oil futures hit their highest in over a month on Thursday as a potential hurricane threatened crude output in the Gulf of Mexico and as an incident involving a British tanker in the Middle East highlighted ongoing tensions there. West Texas Intermediate crude futures were up 11 cents at $60.54 a barrel by 0055 GMT, after earlier touching the...
Oil futures edged up on Tuesday as OPEC supply cuts and Middle East tensions kept global benchmark Brent crude above $64 a barrel.
*Iran tensions put a floor under losses. TOKYO, July 9- Oil prices dipped on Tuesday on demand concerns following the latest signs the U.S.- China trade war is dragging on the global economy, although the potential for conflicts in the Middle East offered support. Brent crude futures were down 14 cents, or 0.2%, at $63.97 a barrel by 0524 GMT.
*Iran tensions put a floor under losses. TOKYO, July 9- Oil fell on Tuesday amid worries over the outlook for demand after the latest signs that international trade disputes have been dragging on the global economy, although the potential for conflicts in the Middle East offered support to prices. Brent crude futures were down 21 cents, or 0.3%, at $63.90 a barrel by...
*Russia's 2019 car sales growth seen at 0-2% y/y- minister. *Russia's 2019 steel demand seen rising 1% y/y- minister. MOSCOW, July 8- Russia plans to produce at least another 200 Sukhoi Superjet 100 aircraft, Industry Minister Denis Manturov told Reuters, despite a fatal crash that raised questions about the future of the country's first new passenger jet since the...
TOKYO, July 8- Crude prices edged higher on Monday, supported by last week's better-than-expected U.S. jobs data and geopolitical risks, but worries that a slower global economy will curb appetite for oil kept a lid on prices. Brent crude futures were up 8 cents by 0647 GMT at $64.31. Prices were supported by "a better than expected, but traders remain incredibly...
TOKYO, July 8- Crude prices were little changed on Monday as traders weighed geopolitical risks against the impact of the Sino-U.S. trade war on the global economy, although last week's better-than-expected U.S. jobs data offered some supprt. Brent crude futures were down 3 cents by 0300 GMT at $64.20. "A very cautious open this morning supported by a better than...
SAO PAULO, July 5- A trade deal between the European Union and South America's Mercosur bloc of countries could facilitate other agreements and open up new markets for Brazil's massive beef-packing industry, a trade group said. He mentioned Indonesia and Thailand as prospective new markets for Brazil, the world's biggest beef exporter with sales of around $7...
*'High time India integrated with global value chain'- finmin. NEW DELHI, July 5- India raised import tariffs on nearly 75 items including gold and automobile parts in its budget on Friday and increased taxes on the rich to help pay for recapitalising banks and supporting small business in a bid to revive sagging growth. Modi, boosted by his election victory, has set a...
Aninda Mitra of BNY Mellon Investment Management discusses sovereign bond yields in Asian markets. He says he would expect at least 50 basis points of interest rate cuts in South Korea and possible Thailand.
*Demand growth in SE Asia, India to outstrip China decline. NUSA DUA, Indonesia, July 4- After riding China's demand train for nearly two decades, Asia's coal industry is looking to a future of smaller markets and slimmer pickings, as buying declines in the world's second-biggest economy and climate change concerns blunt demand. By far the biggest user of...
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