The Indian central bank's key lending rate was held steady on Friday with inflation control remaining a major focus amid expectations of a spike in food prices in coming months and better than expected economic growth.
Indonesia state energy firm Pertamina [PERTM.UL] has started an underground carbon injection trial in Sukowati field, the second site the company is testing for carbon capture, utilization and storage (CCUS).
Gold prices were on track for their first weekly fall in four after the dollar firmed, although they traded steadily on Friday ahead of a key U.S. jobs data to gauge the potential of a rate cut by the Federal Reserve as early as March.
The Indian central bank's key lending rate was kept unchanged at a fifth straight policy meeting on Friday, as predicted, amid robust economic growth and lingering concerns around inflation.
The Soybean Oil futures led the soy market with 3.6% gains of over 170 points. The Jan contract is still at a net 32 point loss for the week’s move. Beans settled up by more than a 1%, with double digit gains of as much as 16 ¼ cents. Jan...
Chinese luxury electric vehicle maker Xpeng stock (NYSE:XPEV) had a stellar November, selling a record 20,041 vehicles, up 2.4x from last year. This also marks a slight increase from the 20,002 vehicles the company delivered in October. Growth was driven primarily by t
Wheaton Precious Metals stock has fared reasonably well this year, rising by about 23% year-to-date, slightly ahead of the S&P 500. There have been a couple of factors helping Wheaton. Firstly, prices for gold and silver have been rising this year, driven by easing inflation,
Shares of Duckhorn Portfolio (NYSE: NAPA) were down 12% on Thursday after the California-based winemaker announced weaker-than-expected quarterly results.
New Zealand manufacturing sales volumes fell 2.7 percent in the third quarter, data from Statistics New Zealand showed on Friday.
Volumes for dairy and meat products, the country's biggest export earners, fell 1.0 percent.
(wellington.newsroom@thomsonreuters.com; +6448027979)
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March ICE NY cocoa (CCH24 ) on Thursday closed +74 (+1.79%), and Mar ICE London cocoa #7 (CAH24 ) closed +87 (+2.54%). Cocoa prices Thursday posted moderate gains as a weaker dollar supported prices. Cocoa also had a positive carryover from Wednesday when Rabobank projected a 2023/24 global cocoa deficit...
Apple's former top corporate lawyer will receive no prison time after pleading guilty last year to U.S. insider trading charges, a judge said on Thursday.
March NY world sugar #11 (SBH24 ) on Thursday closed +0.03 (+0.13%), and March London ICE white sugar #5 (SWH24 ) closed +2.50 (+0.39%) Sugar prices Thursday recovered from early losses and closed slightly higher as a weaker dollar spurred short covering in sugar futures. Sugar prices Thursday initially extended...
March arabica coffee (KCH24 ) on Thursday closed up +2.25 (+1.28%), and Jan ICE robusta coffee (RMF24 ) closed up +25 (+0.98%). Coffee prices Thursday settled moderately higher as a weaker dollar spurred some short-covering in coffee futures after Wednesday's sell-off to a 1-week low. Coffee prices have been under...
The Canadian dollar was little changed against its U.S. counterpart on Thursday, while it lost ground against most other G10 currencies, as investors awaited Friday's U.S. employment report for clues on the interest rate outlook.
Canada's main stock index snapped its losing streak on Thursday as gains for technology shares offset further pressure on the energy sector, while investors awaited U.S. jobs data for signs that interest rates could have peaked.
The Japanese yen jumped on Thursday as Bank of Japan policymakers hinted the central bank may shift away from its ultra-low interest rate plan and a gauge of global stocks rose after three straight falls as investors assessed the latest round of U.S. labor market data.
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