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Print - 2005-09-14
Soyabeans sink on USDA crop, stock data

Soyabeans sink on USDA crop, stock data

Soyabean futures at the Chicago Board of Trade sank on Monday as traders were rattled by the US Agriculture Department's bigger-than-expected soya crop estimate released before the open. "The crop is bigger than what most people were expecting.
Published 14 Sep, 2005 12:00am
Thai rice futures flat

Thai rice futures flat

Most Thai rice futures ended flat in thin trade on Tuesday as investors stayed on the sidelines ahead of the results of a government rice tender, traders said.
Published 14 Sep, 2005 12:00am
CBOT rice falls to seven-week low on USDA report

CBOT rice falls to seven-week low on USDA report

The Chicago Board of Trade rough rice futures market saw a double-digit decline and fell to a seven-week low on Monday, pressured by USA's large US crop and stocks estimates, especially for long grain rice, traders said.
Published 14 Sep, 2005 12:00am
Malaysian palm oil ends up, cash deals lead

Malaysian palm oil ends up, cash deals lead

Malaysian crude palm oil futures closed up more than half a percent, recouping losses from the previous day as players moved to cover shorts after a pick-up in physical sales of oil.
Published 14 Sep, 2005 12:00am
Former Bank of China officials reject plea bargain deal

Former Bank of China officials reject plea bargain deal

Two former Bank of China officials who fled with their families to the United States to escape embezzlement charges have rejected a plea bargain jointly arranged by Chinese and US authorities, a report said Tuesday.
Published 14 Sep, 2005 12:00am
Kuwait share index tops 10,000 for first time

Kuwait share index tops 10,000 for first time

Kuwait's share index topped 10,000 points for the first time on Tuesday as investors bet on firm corporate earnings for this quarter against a solid economic backdrop, thanks to record oil prices.
Published 14 Sep, 2005 12:00am
Nokia raises Third quarter forecasts

Nokia raises Third quarter forecasts

Mobile phone maker Nokia raised its third-quarter sales and profit forecasts on Tuesday, saying demand was strong and average sale prices for its handsets were holding up better than it had expected.
Published 14 Sep, 2005 12:00am
US and EU farm ministers seek common ground on WTO

US and EU farm ministers seek common ground on WTO

US and EU farm ministers will meet on Tuesday to try to find a way of advancing stalled world trade talks, by seeking agreement on how to overhaul their agricultural subsidies.
Published 14 Sep, 2005 12:00am
China to build up strategic oil reserves

China to build up strategic oil reserves

China is working to finalise a strategy to deal with high world oil prices but so far has only decided that it will not import crude to set up a strategic oil reserve, a top planning official said Tuesday.
Published 14 Sep, 2005 12:00am
Russian economy expands

Russian economy expands

The Russian economy grew 5.7 percent in the first half of the year compared with the same period of 2004, the country's statistics committee reported Tuesday.
Published 14 Sep, 2005 12:00am
East Asia lags in pro-business reforms

East Asia lags in pro-business reforms

Asia is home to some of the world's fastest-growing economies but lags behind other regions in adopting reforms that make it easier to start businesses and generate jobs, according to a World Bank report on Tuesday.
Published 14 Sep, 2005 12:00am
European governments seek to head off fuel unrest

European governments seek to head off fuel unrest

European governments sought to head off protests over soaring fuel prices on Tuesday with more steps to help hard-hit businesses such as truckers and farmers, and appeals to oil-rich Opec countries to open their taps.
Published 14 Sep, 2005 12:00am
Gates pushes new Windows, Office versions

Gates pushes new Windows, Office versions

Bill Gates, Microsoft Corp's chairman, on Tuesday made a major push to get software developers to build programs for the next versions of the company's Windows and Office computer operating systems, saying new capabilities should drive a new wave of perso
Published 14 Sep, 2005 12:00am
Insurance groups see terrorism as greatest threat

Insurance groups see terrorism as greatest threat

Top insurance groups meeting in Monaco this week still believe terrorism is the number one danger for the industry despite the recent devastation of Hurricane Katrina, which is expected to be the biggest disaster ever covered by the industry.
Published 14 Sep, 2005 12:00am
US producer prices shoot higher, trade gap narrows

US producer prices shoot higher, trade gap narrows

US producer prices surged 0.6 percent last month as energy costs soared, but underlying inflation held steady as food prices fell, the government said on Tuesday in a report unaffected by Hurricane Katrina.
Published 14 Sep, 2005 12:00am
Brown wants Opec to raise output

Brown wants Opec to raise output

British finance minister Gordon Brown renewed a call on Tuesday for Opec to pump more oil and said co-ordinated international action is needed to stabilise world energy markets.
Published 14 Sep, 2005 12:00am
Britons queue for petrol

Britons queue for petrol

British drivers queued for fuel at some filling stations on Tuesday as fears grew that oil supplies might be disrupted, although retailers said there were no problems yet and urged customers not to panic.
Published 14 Sep, 2005 12:00am
Visteon, Ford reach definitive deal on bailout

Visteon, Ford reach definitive deal on bailout

Ford Motor Co and parts supplier Visteon Inc on Tuesday announced a definitive agreement in preparation to sell off some Visteon facilities by transferring 23 to a temporary company managed by Ford.
Published 14 Sep, 2005 12:00am
France offers farmers tax breaks on fuel

France offers farmers tax breaks on fuel

France sought to calm farmers' anger over high fuel prices on Tuesday, offering extra tax breaks and refunds worth 30 million euros ($36.83 million) and announced measures to encourage the development of green fuels.
Published 14 Sep, 2005 12:00am
World Bank lauds German labour reform

World Bank lauds German labour reform

Germany has made outstanding progress in improving conditions for companies doing business there and has been listed by the World Bank as a "top reformer" of its labour market, a German newspaper reported on Tuesday.
Published 14 Sep, 2005 12:00am
German August price data point to eurozone revision

German August price data point to eurozone revision

Annual German inflation stood at 1.9 percent in August, according to a European Union harmonised measure (HICP), the Federal Statistics Office said on Tuesday, revising up a preliminary estimate by a tenth of a point.
Published 14 Sep, 2005 12:00am
Pemex says reform could unlock large gas reserves

Pemex says reform could unlock large gas reserves

Mexican state oil monopoly Pemex said on Tuesday a constitutional reform proposed by President Vicente Fox to allow private companies into the gas sector could unlock huge natural gas reserves.
Published 14 Sep, 2005 12:00am
China money growth suggests central bank relaxing credit

China money growth suggests central bank relaxing credit

China's annual growth in broad money supply picked up for the sixth straight month in August, reinforcing analysts' views that the central bank is relaxing more than two years of tightening credit to control growth.
Published 14 Sep, 2005 12:00am
France announces new biofuel tender, targets

France announces new biofuel tender, targets

France on Tuesday said it would launch a new tender by the end of the year for more biofuel production than originally foreseen and announced measures to encourage the development of the alternative fuels.
Published 14 Sep, 2005 12:00am
Competition body to probe UK drug pricing scheme

Competition body to probe UK drug pricing scheme

Britain's competition watchdog is to study a drug pricing arrangement between government and industry to see if it meets the needs of patients and provides value for money.
Published 14 Sep, 2005 12:00am
Toronto equities slip as oil prices ease

Toronto equities slip as oil prices ease

Toronto stocks closed slightly lower on Monday as the market caught its breath after gaining 9 percent over the past two months and investors took profits from the energy sector, which weakened along with oil prices.
Published 14 Sep, 2005 12:00am
Bangladesh struggle in first Test

Bangladesh struggle in first Test

Bangladesh, trailing by 182 runs after the first innings, were struggling at 36-3 at stumps on the second day of the opening cricket Test against Sri Lanka here on Tuesday.
Published 14 Sep, 2005 12:00am
Fletcher rewarded with British passport

Fletcher rewarded with British passport

England cricket coach Duncan Fletcher has reportedly been rewarded for winning back the Ashes from Australia with a long-cherished British passport.
Published 14 Sep, 2005 12:00am
Inquest into Australia's defeat under way

Inquest into Australia's defeat under way

A major shake-up of Australian cricket is expected in the wake of relinquishing the Ashes to England after a titanic five-Test series, Australian media said on Tuesday.
Published 14 Sep, 2005 12:00am
Freddie's reward: freedom of hometown pubs

Freddie's reward: freedom of hometown pubs

Global fame and fortune may be beckoning, but Andrew "Freddie" Flintoff insists the best thing about winning the Ashes is that he will be able to drink for free in his hometown pubs.
Published 14 Sep, 2005 12:00am
Aussies see England's Ashes win as cricket had to have

Aussies see England's Ashes win as cricket had to have

Australian Prime Minister John Howard led his nation on Tuesday in congratulating England's cricket team for regaining the Ashes trophy for the first time in 18 years, saying the real victor was the sport of cricket.
Published 14 Sep, 2005 12:00am
England's cricket heroes parade through London

England's cricket heroes parade through London

The England cricket team is due to hold a victory parade through London on Tuesday after snatching the Ashes back from Australia in an epic tournament that has revived people's love of the centuries-old game.
Published 14 Sep, 2005 12:00am
Polio case in Somalia sparks fears of fresh epidemic

Polio case in Somalia sparks fears of fresh epidemic

A baby girl in Somalia has been diagnosed with polio, sparking fears of an epidemic in the lawless country and dealing a fresh blow to a global eradication drive, the World Health Organisation (WHO) said on Tuesday.
Published 14 Sep, 2005 12:00am
Uzbeks shut second US charity in four days

Uzbeks shut second US charity in four days

Uzbekistan, increasingly hostile towards foreign non-governmental organisations it accuses of fomenting revolution in the ex-Soviet state, has shut a second US charity in four days, the charity said on Tuesday.
Published 14 Sep, 2005 12:00am
EU executive wins power spat with member states

EU executive wins power spat with member states

The European Commission won a battle with European Union member states on Tuesday over who can insert criminal penalties into laws to protect the environment, a victory that could beef up the executive's legislative power.
Published 14 Sep, 2005 12:00am
'Private security industry set to double by 2010'

'Private security industry set to double by 2010'

The world's private security industry is likely to double in size over the next five years, a leading European research group said on Tuesday, and called for rules to be rapidly put in place to regulate it.
Published 14 Sep, 2005 12:00am
France hands ETA leader to Spain

France hands ETA leader to Spain

France handed over a leader of the Basque separatist guerrilla group ETA to Spain on Tuesday to serve out his jail term in a Spanish prison, Madrid said.
Published 14 Sep, 2005 12:00am
US warship arrives in China

US warship arrives in China

A top grade US guided missile destroyer arrived at one of China's main ports Tuesday as part of efforts by the two countries to increase military-to-military exchanges. The USS Curtis Wilbur, an Arleigh Burke class Aegis guided missile destroyer will spen
Published 14 Sep, 2005 12:00am
Wealthy Norway swings left

Wealthy Norway swings left

Oil-rich Norway swung to the left Tuesday after the opposition won an absolute parliamentary majority by vowing to spend more on education, health and welfare.
Published 14 Sep, 2005 12:00am
Taiwan stocks flat as tech shares weaken

Taiwan stocks flat as tech shares weaken

Taiwan stocks closed little changed on Tuesday as investors pocketed profits from tech heavyweights like AU Optronics Corp that had gained ground on growing optimism over demand in the coming months.
Published 14 Sep, 2005 12:00am
Chinese shares jump

Chinese shares jump

Chinese shares climbed 1.6 percent on Tuesday after bargain hunters picked up big caps such as top Chinese carrier China Southern Airlines and Sinopec Corp. The benchmark Shanghai composite index closed at 1,207.164 points.
Published 14 Sep, 2005 12:00am
Hong Kong stocks fall on rate hike expectations

Hong Kong stocks fall on rate hike expectations

Hong Kong stocks fell more than three quarters of a percent in quiet trade on Tuesday with investors eyeing growing expectations the US Federal Reserve will raise rates at their meeting next week.
Published 14 Sep, 2005 12:00am
US tech stocks soar on Oracle, eBay deals

US tech stocks soar on Oracle, eBay deals

US technology stocks closed higher on Monday after software maker Oracle Corp and online auction house eBay Inc announced multibillion-dollar acquisitions that signalled corporate interest in the sector.
Published 14 Sep, 2005 12:00am
Singapore shares plunge

Singapore shares plunge

Singapore share prices closed 0.63 percent lower on Tuesday on profit-taking in property stocks after recent gains, dealers said. The Straits Times Index fell 14.76 points to 2,310.35. Volume was 780 million shares worth 771 million Singapore dollars (462
Published 14 Sep, 2005 12:00am
Malaysian shares sag

Malaysian shares sag

Malaysian shares prices closed 0.36 percent lower on Tuesday in listless trade on a lack of fresh leads, dealers said. They said assurances from the government that it is on track to achieve its budget deficit target were seen as positive but investors pr
Published 14 Sep, 2005 12:00am
Thai shares drop

Thai shares drop

Thai share prices closed 0.35 percent lower on Tuesday on profit-taking, having traded in a narrow range as investors consolidated recent gains, dealers said. The Stock Exchange of Thailand (SET) composite was down 2.49 points at 710.31 and the blue chip
Published 14 Sep, 2005 12:00am
Philippines shares finish 1.49 percent firmer

Philippines shares finish 1.49 percent firmer

Philippines share prices closed 1.49 percent higher in a sharp technical rebound on Tuesday, recovering from two-month lows seen on persistent concerns over opposition attempts to oust President Gloria Arroyo, dealers said.
Published 14 Sep, 2005 12:00am
Tokyo TOPIX at four-year high on post-election optimism

Tokyo TOPIX at four-year high on post-election optimism

Japan's broad TOPIX share index rose 0.46 percent to a third-straight four-year closing high on Tuesday as confidence about post-election Japan outweighed the urge to take profits and lifted brokers like Nikko Cordial Corp.
Published 14 Sep, 2005 12:00am
Jakarta shares dip on profit-taking

Jakarta shares dip on profit-taking

Indonesian share prices closed 1.80 percent lower on Tuesday on profit-taking after recent sustained gains, with investors unsettled by the prospect of higher interest rates if upcoming fuel price hikes add to inflation pressures, dealers said.
Published 14 Sep, 2005 12:00am
Hong Kong dollar pares some gains

Hong Kong dollar pares some gains

The Hong Kong dollar gave up some gains on Tuesday afternoon with consolidation setting in after the currency hit a 21-month high this week.
Published 14 Sep, 2005 12:00am
Swiss franc steady

Swiss franc steady

The Swiss franc was steady against the dollar in early European trade on Tuesday as markets continued to asses the long-term economic impact of Hurricane Katrina.
Published 14 Sep, 2005 12:00am
Bank intervention pushes yuan lower

Bank intervention pushes yuan lower

Central bank intervention pushed the Chinese yuan lower against the dollar on Tuesday as the currency traded in the widest range seen since its landmark revaluation in July.
Published 14 Sep, 2005 12:00am
Dollar steadies as US rates seen rising

Dollar steadies as US rates seen rising

The dollar steadied on Tuesday, supported by growing expectations the Federal Reserve will raise interest rates next week and deepening uncertainty over an upcoming German election that capped the euro's rise.
Published 14 Sep, 2005 12:00am
Dollar climbs as Katrina concerns fade

Dollar climbs as Katrina concerns fade

The dollar strengthened broadly on Monday as investors reconsidered the impact of Hurricane Katrina on the US economy and decided the Federal Reserve will likely go ahead and push interest rates higher this month.
Published 14 Sep, 2005 12:00am
Bangladesh interbank forex and interest rates

Bangladesh interbank forex and interest rates

Interbank buy/sell rates for the taka against the dollar on Tuesday. 65.50/65.75 (previous 65.50/65.75). Call Money Rates: 5.00-12.00 percent (previous 4.75-12.00 percent).
Published 14 Sep, 2005 12:00am
Asian currencies down as US rate rise expected

Asian currencies down as US rate rise expected

The Singapore and Taiwan currencies weakened a fifth of a percent on Tuesday as the dollar was boosted by renewed expectations the US Fed would raise rates at its September 20 meeting, despite Hurricane Katrina.
Published 14 Sep, 2005 12:00am
Merkel coalition and other parties in dead heat: poll

Merkel coalition and other parties in dead heat: poll

A centre-right coalition envisioned by German conservative leader Angela Merkel is running neck-and-neck with the countries' other main parties ahead of a general election on Sunday, a poll showed on Tuesday.
Published 14 Sep, 2005 12:00am
Manipur rebel challenges India to practise democracy

Manipur rebel challenges India to practise democracy

The leader of a rebel group in India's north-east challenged the world's biggest democracy to live up to its name and let the people of the troubled state of Manipur choose for themselves if they want independence.
Published 14 Sep, 2005 12:00am
Iraq army kills 14 rebels

Iraq army kills 14 rebels

The Iraqi army said it killed 14 insurgents and captured 35 on Tuesday as troops chased militants down the narrow streets of the rebel northern town of Tal Afar, on the fourth day of a major military assault.
Published 14 Sep, 2005 12:00am
Italy court upholds extradition of UK bomb suspect

Italy court upholds extradition of UK bomb suspect

Italy's highest appeal court on Tuesday upheld the extradition to Britain of one of the suspected bombers in the July 21 attack on London's transport system, the British government's lawyer, Paolo Iorio, said.
Published 14 Sep, 2005 12:00am
Jakarta court sentences embassy bomber to death

Jakarta court sentences embassy bomber to death

An Indonesian court on Tuesday sentenced to death the main militant on trial over last year's suicide car bombing outside the Australian embassy in Jakarta, which the chief judge said was financed by Osama bin Laden.
Published 14 Sep, 2005 12:00am
Darfur rebels say attacks kill 20

Darfur rebels say attacks kill 20

A senior rebel leader in Sudan's western Darfur region said on Tuesday the government killed 10 fighters and at least the same number of civilians in attacks aimed at derailing upcoming peace talks.
Published 14 Sep, 2005 12:00am
Abbas says Gaza pullout does not end occupation

Abbas says Gaza pullout does not end occupation

Palestinian President Mahmoud Abbas said on Tuesday in a speech after Israel's withdrawal from the Gaza Strip that it was not an end to occupation and that Israel must also withdraw from the West Bank and East Jerusalem.
Published 14 Sep, 2005 12:00am
US Army to miss recruit goal

US Army to miss recruit goal

The US Army posted its best recruiting month in four years in August, but will still miss its first annual recruiting goal since 1999, officials said on Monday, as the Iraq war makes it difficult to attract new soldiers.
Published 14 Sep, 2005 12:00am
Use Sharia to uplift women, say Nigerian scholars

Use Sharia to uplift women, say Nigerian scholars

Muslim scholars in northern Nigeria are launching a campaign to improve women's rights through Islamic Sharia law, which they say provides greater protection for women than traditional practices in the region. Nigerian Muslim jurists, both male and female
Published 14 Sep, 2005 12:00am
Bush takes blame for government hurricane response

Bush takes blame for government hurricane response

US President George W. Bush on Tuesday took responsibility for the first time for the government's slow reaction to the Hurricane Katrina disaster which has badly hit the standing of his administration.
Published 14 Sep, 2005 12:00am
'Iran making 5,000 nuclear centrifuges'

'Iran making 5,000 nuclear centrifuges'

Iran is making 5,000 centrifuges that can be used to produce enriched nuclear fuel for weapons and almost two-thirds of the machines are ready for use, an exiled Iranian opposition group said on Tuesday.
Published 14 Sep, 2005 12:00am
Dutch can't ban foreign imams: advisers

Dutch can't ban foreign imams: advisers

The Netherlands cannot ban foreign imams as demanded by the Dutch parliament because that would discriminate against Islam and undermine religious freedom, government advisers said on Tuesday.
Published 14 Sep, 2005 12:00am
Karzai calls for war on terror rethink

Karzai calls for war on terror rethink

Afghan President Hamid Karzai urged the international community Tuesday to rethink its anti-terror strategy in the country, while separately urging the world not to turn away after key elections this week.
Published 14 Sep, 2005 12:00am
Indian rupee dips

Indian rupee dips

The rupee eased to a near-two-week closing low on Tuesday as Muslims heading on the Haj pilgrimage bought dollars and importers purchased the US currency as it traded firm overseas.
Published 14 Sep, 2005 12:00am
Sterling rises against euro

Sterling rises against euro

Sterling rose close to the previous session's 2-1/2 month high against the euro on Tuesday, as inflation data that met analysts expectations supported views that the Bank of England would not rush to cut interest rates.
Published 14 Sep, 2005 12:00am
Dollar at two-week highs

Dollar at two-week highs

The dollar hit two-week highs against the euro, yen and Swiss franc on Tuesday, as investors bet that upcoming economic data could underpin expectations for higher US interest rates and support the greenback.
Published 14 Sep, 2005 12:00am
Indian shares higher

Indian shares higher

Indian shares rose to a new closing high on Tuesday on strong foreign fund flows and expectations of robust corporate earnings, but the rupee dipped to a near-two-week low as the dollar climbed overseas.
Published 14 Sep, 2005 12:00am
US Stocks: Tuesday's unofficial close

US Stocks: Tuesday's unofficial close

US blue chips fell on Tuesday as consumer products company Procter & Gamble Co slipped on earnings worries tied to the aftermath of Hurricane Katrina. But technology shares cut losses, helped by news that Finnish mobile-phone maker Nokia raised its quarte
Published 14 Sep, 2005 12:00am
Seoul shares end flat

Seoul shares end flat

Seoul shares were flat on Tuesday, as investors locked in profits from a recent rally that drove the main index to all-time highs, but sharp gains in Samsung Electronics helped the market fend off stiff selling pressure.
Published 14 Sep, 2005 12:00am
FTSE closes at one-week low as oil price cools

FTSE closes at one-week low as oil price cools

Britain's top shares ended lower on Tuesday, retreating from the previous session's one-month highs as cheaper oil hit energy stocks and medical devices maker Smith & Nephew unexpectedly cut its sales forecasts.
Published 14 Sep, 2005 12:00am
Statscan finds massive feed stocks in farm bins

Statscan finds massive feed stocks in farm bins

Statistics Canada confirmed farmers hung onto a glut of feed wheat and barley from last year's crop that will continue to weigh on prices as the new crop comes to market, traders said on Tuesday.
Published 14 Sep, 2005 12:00am
Copper scrap demand seen strong on China and Katrina

Copper scrap demand seen strong on China and Katrina

Continual low inventory levels and insatiable demand from China, the world's largest importer of copper, has given the scrap market for the red metal a boost, while eventual reconstruction in the US Gulf Coast may buoy prices further, market sources said.
Published 14 Sep, 2005 12:00am
Oil extends losses as high price erodes demand

Oil extends losses as high price erodes demand

Oil fell slightly on Tuesday, extending a slide sparked by evidence that high prices were starting to slow global economic growth and curb US fuel demand. Losses were checked by worries that the US oil industry's recovery from Hurricane Katrina two weeks
Published 14 Sep, 2005 12:00am
Responsible coffee code gains markets

Responsible coffee code gains markets

Coffee sold under a code for so-called responsible production may rise to 35,000 tonnes in 2005 from 21,000 last year, the Dutch Utz Kapeh organisation said on Tuesday.
Published 14 Sep, 2005 12:00am
New York cotton settles easier, seen slipping further

New York cotton settles easier, seen slipping further

Cotton futures ended easier Tuesday amid a steady barrage of speculative sales, and the should gradually decline from fund pressure and the onset of the cotton harvest in the United States, brokers said.
Published 14 Sep, 2005 12:00am
London sugar ends lower

London sugar ends lower

London white sugar futures closed lower on Tuesday, weakened by trade and speculative profit-taking after the recent run-up, dealers said. Liquidation of positions in the October contract, which expires on Thursday, continued to boost volume with most exp
Published 14 Sep, 2005 12:00am
Copper consolidates at LME; closes near $3,600

Copper consolidates at LME; closes near $3,600

Copper prices consolidated on the London Metal Exchange (LME) on Tuesday after bouncing some $100 from last week's lows as supply worries dissuaded investors from fresh sales. "We had some fund selling at various times, but there was solid support down ar
Published 14 Sep, 2005 12:00am
Gold backtracks in Europe

Gold backtracks in Europe

Gold prices settled back from intra-day highs just under $450 an ounce in Europe on Tuesday afternoon, pegged back by the dollar's gains after US trade and inflation data, traders said. "It has come back a bit with the dollar - so $450 is on hold at the m
Published 14 Sep, 2005 12:00am
US MIDDAY: coffee tumbles on speculative selling

US MIDDAY: coffee tumbles on speculative selling

US coffee futures were called to open with 0.50-cent losses Tuesday based on market orders lined up as of 8:42 am EDT (1242 GMT) and sliding prices in the London coffee market, New York floor sources said.
Published 14 Sep, 2005 12:00am
US MIDDAY: cocoa dips on technical signals

US MIDDAY: cocoa dips on technical signals

The benchmark cocoa futures price on the New York Board of Trade fell 2.56 percent Tuesday, with speculative selling and weak technical signals pressuring prices for the third straight session, market sources said.
Published 14 Sep, 2005 12:00am
US MIDDAY: copper slides on light profit taking

US MIDDAY: copper slides on light profit taking

Copper futures fell at the open with speculative sellers taking their cue from a slide in London copper and deciding to take fast profits after the steep run-up a day earlier, traders said.
Published 14 Sep, 2005 12:00am
US MIDDAY: wheat lower on quiet exports

US MIDDAY: wheat lower on quiet exports

Wheat futures at the Chicago Board of Trade were lower on Tuesday amid quiet exports and on a decline in soybean futures, traders said. An adequate supply of wheat globally also was weighing on the wheat futures market, they said.
Published 14 Sep, 2005 12:00am
US MIDDAY: sugar flat on October contract

US MIDDAY: sugar flat on October contract

Raw sugar futures flat to 0.03 cent softer on Tuesday as the market consolidates after yesterday's rally to a near five-year high, floor sources said.
Published 14 Sep, 2005 12:00am
US MIDDAY: corn slips on exorbitant barge costs

US MIDDAY: corn slips on exorbitant barge costs

Chicago Board of Trade corn futures drifted lower Tuesday, still feeling pressure a day after the USDA released a surprisingly large US corn crop estimate, traders said.
Published 14 Sep, 2005 12:00am
US MIDDAY: soyabean weaker on follow-through selling

US MIDDAY: soyabean weaker on follow-through selling

Soyabean futures at the Chicago Board of Trade were expected to open 1 to 3 cents per bushel lower on Tuesday on follow-through selling from USDA's larger-than-expected US soy crop estimate issued on Monday, traders said.
Published 14 Sep, 2005 12:00am
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