London cocoa futures made modest gains by the end of trade on Tuesday, despite speculative selling and a strong pound discouraging buyers, dealers said.
Spot silver reached $6.76 an ounce in London on Tuesday, its highest level since April 1998, as strong bullion and the euro persuaded funds to buy into silver.
The price of copper rose to eight-year highs above $2,840 a tonne on the London Metal Exchange (LME) on Tuesday on speculative buying led by investment funds, and analysts and traders expected more gains in the first red-hot bull market of the millennium.
CSCE cocoa futures finished a dull session mostly lower Tuesday as traders found that buying linked to a weak US dollar could not generate a sustained rally and prices retreated, brokers said.
CSCE raw sugar jumped to its highest price since February 4 on Tuesday, gapping upward at the open but closing well off the peaks in activity dominated by spread trading before March deliveries start next week.
COMEX gold rose early Tuesday, finding its footing after a long holiday weekend as bullion fans took heart from another run by the euro at its highs overnight.
Eurozone industrial output rose slower than expected in December, according to data released on Tuesday, as the 12-nation bloc continued to recover along with the global economy.
Foreigners' net purchases of US assets were $75.7 billion in the month of December, down from $87.5 billion of net inflows in November, US Treasury Department data showed on Tuesday.
The US economy should expand a solid 4.6 percent in 2004 - helped by a surge in exports driven by the weaker dollar - and the job market should start to brighten, a panel of business economists said on Tuesday.
A former top executive of IBM Korea was Tuesday sentenced to 18 months in prison for his part in South Korea's biggest corruption scandal involving a foreign-owned firm, officials said.
US manufacturing showed signs of revival on Tuesday, as reports from the Federal Reserve and one of its regional banks showed gains in January and early February.
Islamic banks must adapt to attract people who also deal with conventional banks if the traditional sector is to grow further, the governor of the Bahrain Monetary Agency said Tuesday.
Citigroup Inc and the US government are to propose a $200 million project to help finance Iraqi imports, using funds guaranteed by the country's oil revenues, a US official said on Monday.
Global news and information provider Reuters Group Plc bounced back into the black on Tuesday, reporting annual profits well above market expectations and sending its shares to 20-month highs.
Global news and information provider Reuters Group Plc bounced back into the black on Tuesday, reporting annual profits well above market expectations and sending its shares to 20-month highs.
Struggling Japanese auto-maker Mitsubishi Motors Corp will restructure itentire production system in a major overhaul expected to see its president step down, news reports said Tuesday.
Italian police arrested the son and a daughter of jailed Parmalat founder Calisto Tanzi and six others on Tuesday, as magistrates focused their fraud probe on cash diverted from Parmalat coffers into Tanzi family assets.
Cingular Wireless on Tuesday won an auction for smaller rival AT&T Wireless Services Inc with a $41 billion offer that edged out Britain's Vodafone Group Plc and secured its future as the largest wireless carrier in the United States.
Britain's annual inflation rate crept up last month, as expected, but still remained well below the Bank of England's 2.0 percent target, official figures showed on Tuesday.
Pressure on European private banks to sell out to larger rivals remains strong, even after Tuesday's shock collapse of sale talks for Banca del Gottardo, as big banks hunt for assets in wealth management, experts said.
Dubai emirate will launch by April the Arab world's first exchange for diamonds to position itself as a leading commodity trading hub, the head of Dubai Metals and Commodities Centre (DMCC) said on Tuesday.
The Bulgarian government has selected Morgan Stanley to advise it on the planned piecemeal sale of factories within state tobacco monopoly Bulgartabak, the Economy Ministry said on Tuesday.
China is expected to allow its social security fund, which manages more than $14 billion, to invest in overseas financial markets, with Hong Kong the priority destination, a top Hong Kong government official said on Tuesday.
China is expected to allow its social security fund, which manages more than $14 billion, to invest in overseas financial markets, with Hong Kong the priority destination, a top Hong Kong government official said on Tuesday.
Dutch chemicals group DSM NV said on Tuesday it would cut about 500 jobs at its Chemelot site near the town of Geleen as part of an earlier announced reorganisation of operations in the Netherlands.
US drug maker Johnson & Johnson and Switzerland's Novartis could become white knights and rescue Franco-German drug-maker Aventis, which is fighting a hostile bid from rival Sanofi-Synthelabo, French newspaper Le Figaro said on Tuesday.
Wal-Mart Stores Inc Japan affiliate Seiyu Ltd booked a net loss for a second straight year on Tuesday, with slow sales adding to its problems as it tries to adopt its US parent's systems and strategies.
The world's biggest cosmetics group L'Oreal is likely to report its 19th consecutive year of double-digit profit growth on Friday, with analysts flagging a rise of nearly 11 percent in core net earnings.
The world's biggest cosmetics group L'Oreal is likely to report its 19th consecutive year of double-digit profit growth on Friday, with analysts flagging a rise of nearly 11 percent in core net earnings.
Indian oil product sales in January rose 4.0 percent to eight million tonnes in January from the same month a year ago, an industry official told Reuters on Tuesday.
India on Tuesday started promoting a share sale for computer maintenance and software firm CMC Ltd, the first of an unprecedented series of asset sales aimed at controlling deficits and reinvigorating its privatisation plans.
Taiwan stocks closed at a fresh 40-month high on Tuesday as investor focus shifted away from banks to domestic demand plays in the construction and food sectors, boosted by rising private consumption.
Firming tech counters helped China shares to a slightly stronger finish on Tuesday, but the market closed off intraday highs after profit-taking emerged in stocks like Baosteel just before the close.
Philippines stocks ended flat on Tuesday as investors remained reluctant to take fresh positions ahead of a Supreme Court ruling that could disqualify the leading presidential candidate from May 10 elections.
Jakarta stocks edged higher on Tuesday as selective buying on some second line shares and carmaker PT Astra International Tbk helped support the market.
Singapore shares closed on Tuesday at three-week highs, mirroring gains in overseas markets, on bargain hunting following recent dips, with Venture Corp and Datacraft Asia leading the winners.
Japanese government bonds (JGB) prices fell on Tuesday as hopes for strong domestic growth data pushed Japanese share prices to two-week highs, dulling the impact from a 20-year JGB auction. "The auction was fairly good," said Koji Shimamoto, chief bond s
Japanese government bonds (JGB) prices fell on Tuesday as hopes for strong domestic growth data pushed Japanese share prices to two-week highs, dulling the impact from a 20-year JGB auction. "The auction was fairly good," said Koji Shimamoto, chief bond s
South Korean shares closed at their highest in almost 22 months on Tuesday, as key exporter stocks gained on expectations the ratification of a free trade agreement (FTA) with Chile would boost shipments.
Malaysian shares, led by top blue chips, rose over two percent to a 53-month high on Tuesday on local and foreign fund buying ahead of key earnings reports that are expected to reflect a strong pick-up in economic growth.
Japan's Nikkei closed up over one percent at a two-week high on Tuesday on hopes for robust data on economic growth, with tech shares such as Advantest Corp back in favour after being hurt by the yen's strength.
India's key share index recorded its highest close in a month on optimism that strong growth would spur corporate profits, while the rupee inched up in anticipation of gains on Wednesday, when the central bank will be on holiday.
The average value of European corporate bonds were mostly unchanged on Tuesday, with new issues from the highly rated end of the credit curve building in the pipeline.
The average value of European corporate bonds were mostly unchanged on Tuesday, with new issues from the highly rated end of the credit curve building in the pipeline.
Stocks climbed on Tuesday after mobile phone operator Cingular Wireless won a battle to buy rival AT&T Wireless and stoked investor hopes for a pickup in deal-making on Wall Street.
Vodafone Group spearheaded the biggest rise for over two months by Britain's top shares on Tuesday after the mobile phone giant withdrew from an auction for a US rival and avoided a bidding war.
The Swiss franc was little changed against the dollar and euro early on Tuesday despite SNB comments it was increasingly confident about the pace with which Switzerland would emerge from an economic downturn.
The dollar declined broadly on Monday in thin trade, despite words of caution from European Central Bank President Jean-Claude Trichet who repeated that excessive forex market volatility is undesirable.
The Taiwan dollar touched it highest level in about 19 months on Tuesday, but most other Asian currencies stepped back from recent highs on fears that central banks would intervene to curb exchange rate gains.
The Indian rupee climbed in late trade on Tuesday as banks pared dollar positions in anticipation of a rise in the unit on Wednesday, when the central bank will be closed for a local holiday in Bombay and unlikely to intervene.
Sterling jumped to a fresh 11-year high against the dollar on Tuesday, narrowing its distance from the psychological level of $2.00 to less than 10 cents, as investors snapped up high-yielding currencies.
The euro rose to within half a cent of last month's record high against the dollar on Tuesday, bolstered as concerns about euro-selling intervention receded and by dollar nervousness ahead of US capital flows data.
The main accused in the sensational murder of India's "Bandit Queen" escaped from a high-security prison in New Delhi on Tuesday with the help of accomplices disguised as police, officials said.
Some 60 people were hurt on Tuesday in two violent clashes between dockyard workers and police in the southern Spanish city of Seville and at nearby Cadiz, as workers protested at near empty order books, local government and union officials said.
Dengue fever has killed at least 91 people in Indonesia this year, mainly on Java island, and a new deadly strain of the disease could be responsible, the Health Ministry said on Tuesday.
Twelve people are still missing after the weekend roof collapse at a water park in Moscow that killed at least 25 people, Russian Emergencies Minister Sergei Shoigu said on Tuesday.
President Vladimir Putin's high-profile jaunt on a nuclear submarine in the Arctic just weeks before elections turned sour Tuesday when the navy inexplicably failed to launch two intercontinental ballistic missiles as the Russian leader looked on.
Hundreds of people were evacuated from their homes for several hours in the small town of Picton at the top of New Zealand's South Island on Tuesday as officials feared two dams above the town could collapse after a heavy storm hit parts of the country.
Sixty-five Maoists fighting to overthrow Nepal's monarchy were reported killed after troops seized a guerrilla training camp as a rebel strike shut down the capital Kathmandu.
The US Federal Aviation Administration on Tuesday announced a new rule requiring airlines to install safety devices on their planes to prevent fuel tank explosions.
Italian Foreign Minister Franco Frattini warned on the eve of Wednesday's summit of German, French and British leaders that moves by Europe's big three to join forces could damage the creation of a united Europe.
UN envoy Alvaro de Soto said on Tuesday the organisation had no fallback option if its Cyprus reunification plan was rejected by Greek or Turkish Cypriots in votes before the island joins the European Union in May.
A Chinese academic branded a "black hand" mastermind of the 1989 Tiananmen protests has quietly returned to work at a private think-tank 15 years after many of its researchers were jailed, sources said on Tuesday.
The world is slipping behind a UN goal of supplying fresh water by 2015 to more than half a billion people in developing nations who currently lack it, the head of a UN Commission said on Tuesday.
His Highness the Aga Khan, Imam (spiritual leader) of the Shia Ismaili Muslims on Tuesday concluded a three-day official visit to Syria during which he had meetings with President Bashar al-Assad and a series of discussions with Ministers on key developme
Thousands of Palestinian labourers held a sit-in protest at the main border crossing between Israel and the Gaza Strip on Tuesday, a day after a man died in a queue waiting for security checks for workers entering Israel.
Arab League chief Amr Moussa, responding to the US campaign for democracy in the Middle East, said on Tuesday the priority should be an even-handed US policy towards the Arab-Israeli conflict.
Saudi Arabia accused the international community on Tuesday of double standards over weapons programmes in the Middle East, saying nobody questioned Israel about its nuclear arms.
The Australian government has been cleared of doctoring the intelligence it used to justify its decision to join the US-led invasion of Iraq, according to a leaked report published here Tuesday.
Reformist lawmakers banned from contesting this week's Iranian parliamentary election challenged Supreme Leader Ayatollah Ali Khamenei on Tuesday to say whether he was behind their exclusion by a panel of hard-line clerics.
Polish Prime Minister Leszek Miller said on Tuesday he was quitting as leader of his ex-communist Democratic Left Alliance (SLD) in a bid to improve the party's dismal opinion poll ratings.
Strikes by French air traffic controllers on Tuesday triggered mass flight cancellation for a second day at Orly airport south of Paris and could lead to disruptions at France's main Charles de Gaulle airport.
Egyptian Foreign Minister Ahmed Maher and his Iranian counterpart Kamal Kharazi agreed here Tuesday to keep up efforts to restore full diplomatic ties cut off 25 years ago, the official news agency IRNA said.
Russia, Ukraine, and the Baltic state of Estonia are suffering from some of the fastest growing rates of HIV/AIDS in the world, which could dramatically slow their economic recovery, a UN report warned Tuesday.
The Dutch parliament approved plans on Tuesday to expel up to 26,000 failed asylum seekers, a move that would be unprecedented in Europe and that has triggered large protests and threats of hunger strikes.
Japan confirmed a new outbreak of bird flu on Tuesday, thwarting its plans to declare an end to the scourge there, while China confirmed two more outbreaks among poultry in a central province.
Palestinian Prime Minister Ahmed Qorie denied on Tuesday he was thinking about resigning in the wake of what officials called a heated argument with President Yasser Arafat over reforms.
A light aircraft used by a candidate to distribute campaign leaflets ahead of Friday's parliamentary elections crashed in northern Iran on Tuesday, killing the pilot, the state news agency IRNA reported.
Three Iraqi civilians were killed Tuesday, one of them a 10-year girl, when a stray US mortar round slammed into the backyard of a home near the main US base here, a US soldier said.
Democratic White House front-runner John Kerry on Tuesday accused President George W. Bush of showing up "when the bagpipes are wailing" and then forgetting America's real heroes - fire-fighters, police and other emergency personnel.
Speaker National Assembly Chaudhry Amir Hussain has said that the new local government system is more feasible for resolving the problems being faced by the masses at local level.
The Inspector-General of NWFP Police, Muhammad Raffat Pasha has called upon the police jawans to safeguard the human rights and come up to the expectations of the general public.
Appreciating the spirit of friendship, reflected at the joint secretary level talks between India and Pakistan, held on Monday in Islamabad, Foreign Minister Khurshid Mehmud Kasuri said the agenda decided upon by the officials would help make it easier fo
Automobile sector was ready to strengthen economic co-operation in addition to further cementing existing cordial relations between Pakistan and China.
The NWFP Minister for Local Government Sardar Mohammad Idrees has appreciated the efforts of the local and federal governments for provision of relief goods for earthquake victims.