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By Andrea Tan and Sanat Vallikappen, Bloobmerg |
June 14, 2013
Singapore’s monetary authority censured banks for trying to rig benchmark interest rates and ordered them to set aside as much as S$12 billion ($9.6 billion) at zero interest pending steps to improve internal controls.
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By Whitney McFerron and Luzi Ann Javier, Bloomberg |
May 14, 2013
Corn fell in Chicago and soybeans swung between gains and losses on speculation that drier weather will allow U.S. farmers to speed up planting after a report showed fieldwork is progressing the slowest since the 1980s.
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By Jeff Wilson and Whitney McFerron, Bloomberg |
April 29, 2013
Corn jumped the most in 10 months, gaining the maximum allowed by the Chicago Board of Trade, as rain and frigid weather slowed the pace of planting in the U.S., the world’s top exporter.
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By Stephen Kirkland and Inyoung Hwang, Bloomberg |
April 17, 2013
Global stocks fell amid losses in industrial metals and disappointing earnings from Bank of America Corp. and others. The euro weakened as Germany’s central bank chief Jens Weidmann reportedly said European policy makers may cut rates if needed.
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By Joe Richter, Bloomberg |
February 26, 2013
China, primed by government spending to boost growth, will need enough copper every month to circle the globe more than 100 times.
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By Tony C. Dreibus, Bloomberg |
February 25, 2013
Hedge funds cut bets on a rally in gold by the most since 2007 and became the most bearish ever on sugar and coffee as concern that the Federal Reserve will slow U.S. stimulus programs drove prices for raw materials to the biggest loss this year.
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By Elisabeth Behrmann |
January 22, 2013
The world’s largest mining company forecast 10% compound annual output growth to the end of fiscal 2014, boosted by increased volumes in iron ore, copper and petroleum.
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By Isis Almeida, Bloomberg |
January 21, 2013
Cocoa swung between gains and losses in London as investors weighed improving prospects for the smaller of two annual crops in Ivory Coast, the world’s largest producer, and declining exchange stockpiles.
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By Jeff Wilson, Bloomberg |
January 10, 2013
U.S. corn supplies, the world’s biggest, are dropping at the fastest pace in 17 years as drought damage exceeds government forecasts and five months of declining prices spur demand from livestock producers.
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By Matthew Leising |
January 9, 2013
ICE, which agreed to buy NYSE Euronext last month, was downgraded by Macquarie Group Ltd. as revenue growth slows and cost-cutting and integrating the two companies become a focus until 2014.
