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Print - 2005-10-07
Malaysian palm oil up on Indonesia talk

Malaysian palm oil up on Indonesia talk

Malaysian palm oil surged one percent on talk that Indonesia planned to restrict exports to ensure enough supply of oil at home for the Muslim fasting month of Ramazan, dealers said.
Published 07 Oct, 2005 12:00am
India asks companies to import 200,000 tonnes more LPG

India asks companies to import 200,000 tonnes more LPG

India has ordered state-run oil firms to import 200,000 tonnes more of liquefied petroleum gas (LPG) immediately to cope with a cooking gas shortfall, the oil ministry said on Thursday.
Published 07 Oct, 2005 12:00am
Lloyd's sees full-year profit

Lloyd's sees full-year profit

The Lloyd's of London insurance market posted a 21 percent rise in first-half pretax earnings and said it still expected to make a profit for the year despite heavy hurricane claims.
Published 07 Oct, 2005 12:00am
Lloyd's sees full-year profit

Lloyd's sees full-year profit

The Lloyd's of London insurance market posted a 21 percent rise in first-half pretax earnings and said it still expected to make a profit for the year despite heavy hurricane claims.
Published 07 Oct, 2005 12:00am
MCI shareholders clear Verizon's $8.5 billion buyout

MCI shareholders clear Verizon's $8.5 billion buyout

Shareholders of MCI, the telecom firm that emerged from failed giant WorldCom, voted "by an overwhelming margin" to approve the $8.5 billion sale to Verizon Communications, the company said Thursday.
Published 07 Oct, 2005 12:00am
MCI shareholders clear Verizon's $8.5 billion buyout

MCI shareholders clear Verizon's $8.5 billion buyout

Shareholders of MCI, the telecom firm that emerged from failed giant WorldCom, voted "by an overwhelming margin" to approve the $8.5 billion sale to Verizon Communications, the company said Thursday.
Published 07 Oct, 2005 12:00am
YUKOS nears end game with raids

YUKOS nears end game with raids

The Kremlin has moved in for the kill at fallen oil firm YUKOS with a new money-laundering probe aimed at its imprisoned founder, while an international scramble intensifies for what is left of the company's assets.
Published 07 Oct, 2005 12:00am
DSM unveils new strategy

DSM unveils new strategy

Dutch group DSM unveiled a new strategy on Thursday, targeting higher sales in China and more emphasis on specialty chemicals but disappointed investors by refusing to commit to a cash return.
Published 07 Oct, 2005 12:00am
DSM unveils new strategy

DSM unveils new strategy

Dutch group DSM unveiled a new strategy on Thursday, targeting higher sales in China and more emphasis on specialty chemicals but disappointed investors by refusing to commit to a cash return.
Published 07 Oct, 2005 12:00am
British Airways caterer, union ratify deal

British Airways caterer, union ratify deal

Gate Gourmet, caterer to British Airways, and its union said on Thursday staff had officially backed a plan to cut jobs, ending an industrial dispute at London's Heathrow Airport.
Published 07 Oct, 2005 12:00am
Sanctions on US goods

Sanctions on US goods

Brazil on Thursday asked the World Trade Organisation (WTO) for the right to impose sanctions of up to $1.037 billion a year on US goods in a row over cotton, diplomatic sources said on Thursday.
Published 07 Oct, 2005 12:00am
Shareholders approve launch of A350

Shareholders approve launch of A350

Shareholders in European aircraft maker Airbus on Thursday approved the launch of the A350, a mid-sized carrier to compete with Boeing's planned 787 Dreamliner, and said Airbus would temporarily forgo controversial government assistance to finance the dev
Published 07 Oct, 2005 12:00am
Shareholders approve launch of A350

Shareholders approve launch of A350

Shareholders in European aircraft maker Airbus on Thursday approved the launch of the A350, a mid-sized carrier to compete with Boeing's planned 787 Dreamliner, and said Airbus would temporarily forgo controversial government assistance to finance the dev
Published 07 Oct, 2005 12:00am
Big deals seen needed to untangle world trade talks

Big deals seen needed to untangle world trade talks

Agricultural issues are in the spotlight as negotiators try this fall to break a deadlock in world-trade talks, but countries also have to make big trade-offs in manufacturing and services to get an agreement by the end of 2006, experts said.
Published 07 Oct, 2005 12:00am
German industry orders slide

German industry orders slide

Weaker foreign demand prompted an unexpectedly big dip in German manufacturing orders in August, but as the data followed three months of robust gains, analysts said Germany remained on course for a third quarter recovery.
Published 07 Oct, 2005 12:00am
ECB strikes hawkish tone after holding rates steady

ECB strikes hawkish tone after holding rates steady

European Central Bank President Jean-Claude Trichet stepped up his anti-inflation rhetoric on Thursday, saying strong vigilance against renewed oil price pressure is essential.
Published 07 Oct, 2005 12:00am
ECB strikes hawkish tone after holding rates steady

ECB strikes hawkish tone after holding rates steady

European Central Bank President Jean-Claude Trichet stepped up his anti-inflation rhetoric on Thursday, saying strong vigilance against renewed oil price pressure is essential.
Published 07 Oct, 2005 12:00am
ECB strikes hawkish tone after holding rates steady

ECB strikes hawkish tone after holding rates steady

European Central Bank President Jean-Claude Trichet stepped up his anti-inflation rhetoric on Thursday, saying strong vigilance against renewed oil price pressure is essential.
Published 07 Oct, 2005 12:00am
Parmalat shares rise on market return

Parmalat shares rise on market return

Parmalat shares returned to the market on Thursday two years after the Italian food group's collapse, with suitors lining up and traders betting on a windfall from multi-billion-euro lawsuits.
Published 07 Oct, 2005 12:00am
Parmalat shares rise on market return

Parmalat shares rise on market return

Parmalat shares returned to the market on Thursday two years after the Italian food group's collapse, with suitors lining up and traders betting on a windfall from multi-billion-euro lawsuits.
Published 07 Oct, 2005 12:00am
Snow will press China over yuan flexibility

Snow will press China over yuan flexibility

US Treasury Secretary John Snow said on Thursday he will tell Chinese officials next week that Beijing needs to permit more flexibility in setting its the value of its currency, the yuan.
Published 07 Oct, 2005 12:00am
BoE holds interest rates

BoE holds interest rates

The Bank of England left interest rates unchanged at 4.5 percent on Thursday, but analysts are hotly debating when and what the central bank''s next move will be.
Published 07 Oct, 2005 12:00am
BoE holds interest rates

BoE holds interest rates

The Bank of England left interest rates unchanged at 4.5 percent on Thursday, but analysts are hotly debating when and what the central bank's next move will be.
Published 07 Oct, 2005 12:00am
BoE holds interest rates

BoE holds interest rates

The Bank of England left interest rates unchanged at 4.5 percent on Thursday, but analysts are hotly debating when and what the central bank's next move will be.
Published 07 Oct, 2005 12:00am
Japanese to head IMF Asia office

Japanese to head IMF Asia office

The International Monetary Fund (IMF) on Wednesday named Akira Ariyoshi, a senior Japanese finance ministry official, as the new director of the fund's regional office for Asia and the Pacific.
Published 07 Oct, 2005 12:00am
Macquarie and Computershare may team up for LSE bid

Macquarie and Computershare may team up for LSE bid

Australia's Macquarie Bank Ltd and financial services firm Computershare Ltd may make a take-over bid for the London Stock Exchange, a source familiar with the situation said on Thursday.
Published 07 Oct, 2005 12:00am
Macquarie and Computershare may team up for LSE bid

Macquarie and Computershare may team up for LSE bid

Australia's Macquarie Bank Ltd and financial services firm Computershare Ltd may make a take-over bid for the London Stock Exchange, a source familiar with the situation said on Thursday.
Published 07 Oct, 2005 12:00am
China sees trade surplus over $90 billion

China sees trade surplus over $90 billion

China's Commerce Ministry has forecast a trade surplus of $90 billion to $100 billion for 2005, and the country's two-way foreign trade would hit $1.4 trillion, the International Business Daily reported on Thursday.
Published 07 Oct, 2005 12:00am
Greece gets mixed EU reaction on budget plans

Greece gets mixed EU reaction on budget plans

Greece got mixed reviews on its draft 2006 budget on Thursday from top European Union officials, who expressed both concern and praise for the country's efforts to rein in its deficit.
Published 07 Oct, 2005 12:00am
New Zealand shares down 1.17 percent

New Zealand shares down 1.17 percent

New Zealand share prices closed 1.17 percent lower on Thursday in line with sharp falls on Wall Street and other world markets amid fears of rising interest rates, dealers said.
Published 07 Oct, 2005 12:00am
Taiwan stocks plunge

Taiwan stocks plunge

Taiwan stocks ended down 0.64 percent on Thursday as technology shares tracked US markets lower and reversed a week-long rally, while banking stocks tumbled on disappointment over stalled financial reforms.
Published 07 Oct, 2005 12:00am
Philippines shares close flat

Philippines shares close flat

Philippine share prices closed flat on Thursday, with investors on the sidelines amid continuing political uncertainty, dealers said. Although stocks are considered cheap at current prices, many investors were unwilling to take new positions amid the cont
Published 07 Oct, 2005 12:00am
Hong Kong stocks decline

Hong Kong stocks decline

Hong Kong stocks posted their biggest one day drop in nearly a year and a half on Thursday, down more than 2 percent, as global financial markets slid on worries about rising interest rates and potential inflation.
Published 07 Oct, 2005 12:00am
US stocks sink after Fed talk

US stocks sink after Fed talk

US stocks fell sharply on Wednesday after a top Federal Reserve official said the central bank must be alert to potential inflation and after crude oil prices dropped more than $1 barrel, pushing energy shares lower.
Published 07 Oct, 2005 12:00am
US Treasuries benefit only mildly from services drop

US Treasuries benefit only mildly from services drop

US Treasury debt earned a second day of reprieve from a month-long sell-off on Wednesday, but small gains in the face of a huge drop in services activity bore testament to persistently bearish investor sentiment.
Published 07 Oct, 2005 12:00am
US Treasuries benefit only mildly from services drop

US Treasuries benefit only mildly from services drop

US Treasury debt earned a second day of reprieve from a month-long sell-off on Wednesday, but small gains in the face of a huge drop in services activity bore testament to persistently bearish investor sentiment.
Published 07 Oct, 2005 12:00am
Seoul shares fall on US rate outlook

Seoul shares fall on US rate outlook

Seoul shares fell sharply on Thursday as worries about potential US inflation hit exporters such as Samsung Electronics, while other blue chips fell on concerns that a recent record-setting rally was overblown.
Published 07 Oct, 2005 12:00am
Malaysian share prices sag

Malaysian share prices sag

Malaysian share prices closed 0.14 percent lower on Thursday after overnight falls on Wall Street although plantation stocks continued to attract support after positive comment on the palm oil industry outlook, dealers said.
Published 07 Oct, 2005 12:00am
Singapore shares slump

Singapore shares slump

Singapore share prices closed 1.57 percent lower on Thursday as investors took profits following the sell-off in US markets overnight on concerns interest rates are set to rise further, dealers said. The Straits Times Index fell 36.42 points to 2,289.47.
Published 07 Oct, 2005 12:00am
Tokyo shares finish 2.41 percent lower

Tokyo shares finish 2.41 percent lower

Tokyo's Nikkei share average dropped 2.41 percent to post its biggest one-day loss in six months on Thursday as a sell-off on Wall Street spurred investors to unload NEC Corp and other recent gainers.
Published 07 Oct, 2005 12:00am
Jakarta shares weaken

Jakarta shares weaken

Indonesian share prices closed 0.70 percent lower on profit-taking on Thursday following the market's extended rally over the past five trading sessions, with a recent rate hike by the central bank beginning to dampen sentiment, dealers said.
Published 07 Oct, 2005 12:00am
Hong Kong dollar inches higher

Hong Kong dollar inches higher

The Hong Kong dollar ended higher on Thursday but trading was confined to a narrow range, while forward rates softened on profit taking after a recent rally and on the back of easier short-term interbank rates.
Published 07 Oct, 2005 12:00am
Swiss franc up versus dollar ahead of US jobless

Swiss franc up versus dollar ahead of US jobless

The Swiss franc strengthened against the dollar early on Thursday on fears that the greenback's recent rally might have gone too far. The market is waiting for US payroll figures, set to be published on Friday, which economists expect will show a loss of
Published 07 Oct, 2005 12:00am
Dollar slips as recent gains seen excessive

Dollar slips as recent gains seen excessive

The dollar extended losses against the euro on Thursday on worries that its recent rally on expectations for higher US interest rates might have gone too far and on caution ahead of US jobs data.
Published 07 Oct, 2005 12:00am
Dollar slides on soft ISM services data

Dollar slides on soft ISM services data

The dollar retreated on Wednesday, reversing some of this week's gains in partly technical trading, after US data showed growth in the services sector slowed sharply last month.
Published 07 Oct, 2005 12:00am
Bangladesh interbank forex, interest rates

Bangladesh interbank forex, interest rates

Interbank buy/sell rates for the taka against the dollar on Thursday. 65.65/65.75 (previous 65.60/65.75). Call Money Rates: 5.75-12.00 percent (previous 5.75-12.00 percent).
Published 07 Oct, 2005 12:00am
Sri Lankan rupee dips

Sri Lankan rupee dips

The Sri Lanka rupee closed a shade weaker on Thursday as a state bank bought dollars and some exporters sold the US currency, dealers said. The rupee closed at 101.35/101.36 (buy/sell) against the dollar compared to Wednesday's 101.33/101.35.
Published 07 Oct, 2005 12:00am
Indian rupee ends steady near 10-month low

Indian rupee ends steady near 10-month low

The rupee ended steady on Thursday near the previous day's 10-month low, taking a breather from three straight days of losses as the dollar declined overseas and oil prices eased to two-month lows.
Published 07 Oct, 2005 12:00am
Canadian dollar tumbles on oil and bonds climb

Canadian dollar tumbles on oil and bonds climb

The Canadian dollar closed at its lowest level in nearly three weeks on Wednesday, as falling oil prices dragged the currency past key technical levels, accelerating its decline from the 14-year peaks hit just last week.
Published 07 Oct, 2005 12:00am
Australian dollar heavy on weaker global risk appetite

Australian dollar heavy on weaker global risk appetite

The Australian dollar ended off the day's lows on Thursday, drawing support from a strong euro rally against the US dollar, but sentiment toward the Aussie remained weak as investors moved into risk aversion mode.
Published 07 Oct, 2005 12:00am
Asian currencies: won weaker, Singapore dollar up

Asian currencies: won weaker, Singapore dollar up

The Korean won fell a quarter of a percent on Thursday, and the Taiwan dollar and Philippine peso also weakened as retreating regional stock markets held some of the regionals back after a broad US dollar rally lost momentum.
Published 07 Oct, 2005 12:00am
Clark in for McGrath

Clark in for McGrath

Australia have made one change to their team for the second Super Series one-dayer against the World XI here on Friday, bringing in Stuart Clark for Glenn McGrath.
Published 07 Oct, 2005 12:00am
Campbell to play in Aussies PGA Centenary

Campbell to play in Aussies PGA Centenary

New Zealand's reigning US Open champion Michael Campbell was on Thursday confirmed as a starter in the centenary Australian PGA Championship at Coolum from December 1-4, PGA Australia said.
Published 07 Oct, 2005 12:00am
Five go on trial in Italy for murder of Vatican banker

Five go on trial in Italy for murder of Vatican banker

The trial of five people charged with involvement in the death of Roberto Calvi, the Vatican banker found hanging under a London bridge, finally got underway Thursday more than two decades after the event but was quickly adjourned over a technicality.
Published 07 Oct, 2005 12:00am
Woman activist heads for Afghan parliament

Woman activist heads for Afghan parliament

A woman activist famous for standing up to powerful warlords has won a seat in Afghanistan's first parliament in more than 30 years, according to early results released Thursday.
Published 07 Oct, 2005 12:00am
India and Naga rebels to hold fresh talks

India and Naga rebels to hold fresh talks

Indian negotiators and an influential tribal separatist group in the north-eastern state of Nagaland will hold fresh talks in Bangkok next week aimed at ending India's longest-running insurgency, a rebel leader said Thursday.
Published 07 Oct, 2005 12:00am
Firefighters douse oil well fire in Assam

Firefighters douse oil well fire in Assam

Firefighters have doused a massive oil well fire that blazed for three weeks in India's resource-rich north-east, an official said Thursday. "The fire is now completely extinguished and the leaking well capped. The crisis is over," J.K. Talukdar, general
Published 07 Oct, 2005 12:00am
Robotic fish to cause a splash at London aquarium

Robotic fish to cause a splash at London aquarium

The world's first self-controlled robotic fish were due to be unveiled at the London Aquarium on Thursday, officials said. The three aquatic robots were developed by a team at the University of Essex, in south-east England, to teach the public more about
Published 07 Oct, 2005 12:00am
Bin Laden to surface after new attack on US soil

Bin Laden to surface after new attack on US soil

Osama bin laden is expected to remain in hiding until he stages another attack on the United States, an ex-CIA expert who had tracked the terror mastermind for two decades warned in an interview.
Published 07 Oct, 2005 12:00am
US sends mixed message on bird flu threat

US sends mixed message on bird flu threat

The US administration sent mixed signals on the threat from bird flu on Thursday, with President George W. Bush urging mass production of vaccines while his health secretary played down the risk of a pandemic.
Published 07 Oct, 2005 12:00am
Floods paralyse Central America, kill 164

Floods paralyse Central America, kill 164

Raging flood waters cut off large areas of Central America and southern Mexico on Thursday, hurting efforts to rescue victims of mudslides that have killed at least 164 people in the wake Hurricane Stan.
Published 07 Oct, 2005 12:00am
Blair warns Iran not to interfere with Iraq

Blair warns Iran not to interfere with Iraq

Britain Prime Minister Tony Blair warned Iran not to interfere in Iraq on Thursday after underlining suspicion that explosives used to kill British troops there may have come from the Islamic republic.
Published 07 Oct, 2005 12:00am
Pentagon employee pleads guilty of spying for Israel

Pentagon employee pleads guilty of spying for Israel

A Pentagon employee admitted in court here Wednesday that he had provided classified defence information to an Israeli diplomat and two employees of a pro-Israel lobby group.
Published 07 Oct, 2005 12:00am
ElBaradei leads Nobel Peace tips

ElBaradei leads Nobel Peace tips

The UN's nuclear watchdog and its head, Mohamed ElBaradei, have taken over as a bookmaker's favourite to win the Nobel Peace Prize on Friday, 60 years after the US atom bombing of Hiroshima.
Published 07 Oct, 2005 12:00am
BMW hands German Pope keys to X5 SUV

BMW hands German Pope keys to X5 SUV

Germany's BMW has handed the keys to an X5 full-size sport utility vehicle to Pope Benedict, the world's largest premium carmaker said on Thursday. "We are proud to be able to provide Pope Benedict XVI with a BMW car," the group's chief of marketing and s
Published 07 Oct, 2005 12:00am
Nuclear fuel cycle not up for negotiation: Tehran

Nuclear fuel cycle not up for negotiation: Tehran

Iran's president and top nuclear negotiator asserted Thursday that Tehran's controversial nuclear facilities were not up for negotiation and said they would not talk with countries demanding they be dismantled.
Published 07 Oct, 2005 12:00am
Gunman killed after wounding former Indian minister

Gunman killed after wounding former Indian minister

A gunman was beaten to death in India's lawless eastern state of Bihar on Thursday after he shot and wounded a former government minister campaigning for state assembly elections, a report said.
Published 07 Oct, 2005 12:00am
Germany inches toward breaking leadership deadlock

Germany inches toward breaking leadership deadlock

German conservatives expect Chancellor Gerhard Schroeder to yield to Angela Merkel in their stand-off over who will head a new government, but a final deal will not come before Sunday, party leaders said on Thursday.
Published 07 Oct, 2005 12:00am
Small bombs target US interests in Argentina

Small bombs target US interests in Argentina

Three home-made bombs exploded on Thursday at two Citibank branches and a Blockbuster video store in Argentina in what appeared to be a protest against US President George W. Bush's visit next month, police said.
Published 07 Oct, 2005 12:00am
More sacrifice needed in war on terror: Bush

More sacrifice needed in war on terror: Bush

President George W. Bush on Thursday rejected critics of the Iraq war who demand a US pullout and cast the conflict as necessary to prevent Islamic militants from gaining a foothold for a sweeping empire.
Published 07 Oct, 2005 12:00am
Sterling hits one-week low versus euro

Sterling hits one-week low versus euro

Sterling fell more than half a percent to one-week lows against the euro on Thursday on news of steady UK rates and weak output data.
Published 07 Oct, 2005 12:00am
Dollar falls to euro in London

Dollar falls to euro in London

The dollar fell against the euro on Thursday on jitters that the recent rally on expectations of higher US interest rates had gone too far and fears that stronger inflation could crimp growth.
Published 07 Oct, 2005 12:00am
Bonds: TDC default swaps jump

Bonds: TDC default swaps jump

The cost of insuring debt of TDC against default jumped on Thursday as talk of a debt-heavy leveraged buyout of Denmark's biggest telecoms operator intensified.
Published 07 Oct, 2005 12:00am
Bonds: TDC default swaps jump

Bonds: TDC default swaps jump

The cost of insuring debt of TDC against default jumped on Thursday as talk of a debt-heavy leveraged buyout of Denmark's biggest telecoms operator intensified.
Published 07 Oct, 2005 12:00am
US Stocks: Thursday's unofficial close

US Stocks: Thursday's unofficial close

US stocks fell slightly on Thursday as expectations of further interest rate increases outweighed the impact of better-than-expected September sales reported by major retailers.
Published 07 Oct, 2005 12:00am
Indian stocks slide

Indian stocks slide

Indian share prices plunged 2.24 percent Thursday in line with global weakness triggered by prospects of higher US interest rates, dealers said.
Published 07 Oct, 2005 12:00am
Britain's top share index falls to two-week low

Britain's top share index falls to two-week low

UK stocks fell to two-week lows on Thursday as investors took profits across the board and fretted about global growth prospects, though the hard-hit mining sector rebounded towards the end of the session.
Published 07 Oct, 2005 12:00am
India's gold consumption to rise 33 percent

India's gold consumption to rise 33 percent

Gold consumption in India, the world's largest importer, is expected to surge nearly 33 percent in 2005 to 850 tonnes because of higher incomes and good farm output, the World Gold Council said on Thursday.
Published 07 Oct, 2005 12:00am
US Senate farm cut plan delayed

US Senate farm cut plan delayed

A proposal to cut $3 billion from US farm support programs hit a roadblock on Thursday when a provision to revive a milk subsidy met opposition from at least one member of the Senate Agriculture Committee.
Published 07 Oct, 2005 12:00am
World oil hits two-month low as US cars idle

World oil hits two-month low as US cars idle

Oil slid to its lowest level in two months on Thursday as US drivers eased off the gas and an energy official suggested Washington may release emergency heating oil for winter.
Published 07 Oct, 2005 12:00am
World oil hits two-month low as US cars idle

World oil hits two-month low as US cars idle

Oil slid to its lowest level in two months on Thursday as US drivers eased off the gas and an energy official suggested Washington may release emergency heating oil for winter.
Published 07 Oct, 2005 12:00am
World oil hits two-month low as US cars idle

World oil hits two-month low as US cars idle

Oil slid to its lowest level in two months on Thursday as US drivers eased off the gas and an energy official suggested Washington may release emergency heating oil for winter.
Published 07 Oct, 2005 12:00am
EU raises wheat subsidy

EU raises wheat subsidy

The European Union raised its wheat export subsidy 0.50 euros to a maximum of 8.00 a tonne on Thursday, more than doubling the volume covered from last week to almost 300,000 tonnes.
Published 07 Oct, 2005 12:00am
New York cotton futures mixed

New York cotton futures mixed

Cotton futures settled mixed Thursday as the trade appeared to be gearing up for the release of a key government production report next week, brokers said. New York Board of Trade's key December cotton contract settled down 0.16 cent at 53.75 cents a lb a
Published 07 Oct, 2005 12:00am
London sugar down

London sugar down

London white sugar futures closed down on Thursday after producer selling against a huge EU sugar export tender award and on falling oil prices, traders said. Front-month December settled down $3.90 at $294.80 per tonne in volume of 5,013 lots, near the b
Published 07 Oct, 2005 12:00am
Copper and zinc off highs

Copper and zinc off highs

Base metals eased back from their earlier highs during Thursday afternoon London Metal Exchange (LME) trading, as high-fliers copper and zinc encountered some profit-taking, traders said.
Published 07 Oct, 2005 12:00am
European gold rises

European gold rises

Gold climbed about one percent in Europe on Thursday, helped by funds buying and a weakness in the US currency against the euro, dealers said. The market was quiet in the morning session and traded in a narrow range, partially because of Chinese, Jewish a
Published 07 Oct, 2005 12:00am
US MIDDAY: coffee sags on anchoring prices

US MIDDAY: coffee sags on anchoring prices

US coffee futures settled in negative territory Thursday, with a lack of market interest anchoring prices to a 10-cent trading range for more than two weeks now, market sources said.
Published 07 Oct, 2005 12:00am
US MIDDAY: cocoa futures up on speculative buying

US MIDDAY: cocoa futures up on speculative buying

US cocoa futures rose Thursday for the second consecutive session on speculative buying, but the bulls failed to lure enough follow-through interest to push prices above the top of an 8-day trading range, traders said.
Published 07 Oct, 2005 12:00am
US MIDDAY: sugar stumbles on producer sales

US MIDDAY: sugar stumbles on producer sales

Raw sugar prices settled lower Thursday on steady producer sales and the market could slip further on follow-through pressure tomorrow, brokers said.
Published 07 Oct, 2005 12:00am
US MIDDAY: corn weaker on weekly export sales

US MIDDAY: corn weaker on weekly export sales

Corn futures at the Chicago Board of Trade were weak early on Thursday, pressured by private forecasts that US farmers were harvesting their second-largest corn crop in history despite last summer's drought, traders said.
Published 07 Oct, 2005 12:00am
US MIDDAY: wheat falls on bearish exports

US MIDDAY: wheat falls on bearish exports

Wheat futures at the Chicago Board of Trade dropped early on Thursday amid bearish exports and crop weather, traders said. At 10:06 am CDT (1506 GMT), CBOT wheat was down 2-1/2 to 4 cents per bushel. December was down 2-1/2 at $3.42-1/2 per bushel.
Published 07 Oct, 2005 12:00am
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