South Africa's proposed amendments to its diamond law could lead to the demise of De Beers' powerful marketing arm and spark mine closures, the firm and its biggest shareholder said on Monday.
Russian raw sugar imports rose 32.6 percent to 2,533,700 tonnes in the first eight months of 2005 from 1,911,400 tonnes in the same period of 2004, the Federal Customs Service (FCS) said on Monday.
French rapeseed prices on Monday fell from peaks hit last week as German crushers were covered until the year-end and more supplies than expected came onto the market, traders and analysts said.
Russian wheat exports outside the Commonwealth of Independent States (CIS) were 4.52 million tonnes in January-August 2005, up sharply from 2004 and close to 2003 volumes, the Federal Customs Service (FCS) said on Monday.
Grain exports from the French port of Rouen totalled 95,495 tonnes for October 1-5, comprising 39,529 tonnes of wheat and 55,966 tonnes of barley, port officials said on Monday.
The number of oil, gas and petrochemical tankers delayed at anchorage by the Fos-Lavera port strike in Southern France has grown to 45 vessels, local port agents said on Monday.
Malaysia has set up its own coastguard to help strengthen maritime security in the Malacca Strait, one of the world's busiest sea lanes, the government said on Monday.
London's cocoa market put in another quiet, steady performance on Monday, closing flat after mainly structural activity , dealers said. Liffe's front-month December cocoa contract slipped two pounds to 818 pounds a tonne following volume of 1,631 lots in
Singapore bunker prices rose on Monday tracking rising fuel oil prices. Prices for 380-centistoke (cst) bunker fuel were pegged at $313-315 a tonne, about $9 higher than Friday's Asian close.
The Karachi Port handled 137,408 tonnes of cargo including 121,888 tonnes import and 16,520 tonnes export cargo including 1,955 containers during last 48 hours ending at 0700 hours on Monday.
Australian wool exports to China would be boosted by 20 percent in volume terms by a free trade agreement between the two countries, leading industry body Australian Wool Innovation said on Monday.
Thai white sugar premiums are likely to be under pressure over the next few days as India, the world's biggest consumer of the sweetener, is offering white sugar at competitive prices, traders said on Monday.
London Metal Exchange copper futures rose to fresh highs on Monday, bolstered by a nearly 4 percent jump in Shanghai futures as they resumed trading following a weeklong holiday.
Gold nudged higher in Asia on Monday, hovering close to a near-18-year peak on continued support from inflation worries and steady physical demand, but trade was thin due to holidays in Japan and the United States.
China's No 2 soyabean futures contract fell on Monday, the first session after the Dalian Commodity Exchange revamped the contract to try and stimulate trade.
Oil prices held steady on Monday, as worries over weaker US fuel demand balanced the continued loss of supplies from the Gulf of Mexico and strike-hit French refineries.
Tin closed up 0.7 percent in Malaysia on Monday as Japanese and European buyers returned to the market in a bigger way after noting a rise in the London price of the metal.
The Alexandria Cotton Exporters' Association (Alcotexa) said on Monday it had committed to sell 5,596 tonnes of cotton in the week which ended on October 8. An Alcotexa official broke down the sales as 21 tonnes of Giza 70, 1,290 tonnes of Giza 88, 3,985
The world's top sugar buyer, Russia, will keep its raw cane sugar import tariff at $140 per tonne in November, unchanged from October, the Economy Ministry said on Monday.
Indonesia expects to adjust base prices of crude palm oil and its by-products on October 12, drawing closer to the average level of international prices, a Trade Ministry official said on Monday. The base prices are used to calculate export taxes.
Indian wheat futures fell on Monday, after rising most of last week, while gold prices rose in line with global markets, brokers said. Soyaoil slipped with soyabean arrivals picking up and sugar was steady amid demand for India's October-November festival
Australian Wheat Forecasters (AWF) has slightly reduced its estimate for Australia's 2005/06 wheat crop to 23.97 million tonnes, it said on Monday in its seventh production forecast for the season.
Rubber supplies from Thailand and Malaysia are improving as heavy rains subside and tapping resumes, but pressure on prices could be offset as Chinese buyers return from holiday, dealers said.
Malaysian crude palm oil futures closed steady on Monday, rebounding from early losses, as the market was helped by news Indonesia is expected to raise base prices of palm oil closer to average international prices.
French industrial output rose slightly more than expected in August but economists said the sector remained fragile and exports weak, in stark contrast to Germany.
China aims to open up its banking sector further by raising the cap on foreign banks' stakes and making it easier for them to set up branches, a senior bank regulator said on Monday.
Consumers should be given two weeks to back out of a loan and be able to pay back money early if they wish, the European Commission said on Monday in its latest proposals to reform credit laws.
British factory gate prices rose at their sharpest rate in five months in September in a sign that inflationary pressures are picking up as firms try to pass on higher energy costs.
Saudi Arabia's economy, booming on the back of a two-year surge in world oil prices, is set for even faster growth as economic liberalisation and reforms begin to kick in, the central bank said on Monday.
Bank of Italy Governor Antonio Fazio was questioned on Monday by magistrates investigating a bank take-over scandal that has prompted calls for his resignation and tainted Italy's image.
Yahoo Inc, the Internet giant, on Monday unveiled plans to get into podcasting with a test release of a service that will let users download and review online radio programs.
Older people need to be helped to find jobs or to remain in work to avoid a fall in living standards and economic growth as a result of population ageing, the OECD said on Monday.
National governments in the euro zone must step up efforts to reform their economies or face slower growth in future, European Central Bank President Jean-Claude Trichet said on Monday.
The European Commission announced a ban on all imports of live birds and feathers from Turkey into the 25-nation EU on Monday after Ankara confirmed an outbreak of the highly contagious avian influenza.
Germany's trade surplus fell in August when imports grew faster than exports, official data showed on Monday. The German trade surplus amounted to 11.6 billion euros (14 billion dollars) in August, down from 14.5 billion euros in July, the federal statist
A group of 27 technology companies said on Monday they would collaborate on a new, faster Wi-Fi wireless Internet connection standard for computers and other portable devices.
The United States on Monday proposed deep cuts in farm subsidies and the future elimination of farm tariffs in what it said was a bid to unblock world trade talks, which face an end-year deadline for a deal.
Intel Corp will unveil new chips on Monday that it hopes will close a performance gap with rival Advanced Micro Devices Inc in the market for server system chips, the Wall Street Journal reported.
Insurer Lincoln National Corp said on Monday it agreed to buy smaller rival Jefferson-Pilot Corp for about $7.5 billion in cash and stock to create one of the largest US life insurers.
Insurer Lincoln National Corp said on Monday it agreed to buy smaller rival Jefferson-Pilot Corp for about $7.5 billion in cash and stock to create one of the largest US life insurers.
Iraq expects oil exports to rise by about 300,000 daily by January, when a new government is elected with authority to decide on foreign involvement in the sector, the head of Iraq's Energy Council said on Sunday.
South African stocks ended barely changed on Monday as further profit-taking cancelled out gains in gold shares on surging bullion prices and cement producer PPC on buoyant cement sales.
Australian share prices closed 0.64 percent higher on Monday with blue chip resources stocks leading the rebound after last week's heavy losses, dealers said.
China has for the first time included firms that have listed B shares in its state share reform programme, state media said on Monday, as regulators extend a controversial plan to float over $250 billion in state holdings to all 1,400 of the country's lis
The Asian Development Bank(ADB) on Monday launched its debut yuan-denominated Panda bonds in China's domestic capital market, the Manila-based bank said in a statement released here.
The Asian Development Bank(ADB) on Monday launched its debut yuan-denominated Panda bonds in China's domestic capital market, the Manila-based bank said in a statement released here.
Philippines share prices closed easier in sluggish trade on Monday, dropping 0.15 percent as investors consolidated positions in the absence of fresh leads, dealers said.
South Korean shares posted their biggest one-day percentage gain in two weeks on Monday, as Kookmin Bank and other stocks sensitive to the local economy rose on improving consumer sentiment data.
New Zealand share prices closed 0.40 percent higher on Monday with gains led by market bellwether Telecom, dealers said. The benchmark NZSX-50 index rose 13.78 points to 3,414.03 on turnover of 81.8 million dollars (57.3 million US). Of 150 stocks traded,
Bank of China plans to make its long-awaited initial public share offering in March or April, Zhu Xinqiang, the assistant to the bank's president, was quoted by state media on Monday as saying.
Bank of China plans to make its long-awaited initial public share offering in March or April, Zhu Xinqiang, the assistant to the bank's president, was quoted by state media on Monday as saying.
Indian federal bonds lost ground on Monday with many investors on the sidelines on growing expectations that the central bank could raise interest rates at its upcoming policy review.
Indian federal bonds lost ground on Monday with many investors on the sidelines on growing expectations that the central bank could raise interest rates at its upcoming policy review.
China will issue 50 billion yuan ($6.2 billion) in treasury bonds from Saturday, the China Securities Journal said on Monday, part of this year's routine issues to fund public projects and plug a budget deficit.
China will issue 50 billion yuan ($6.2 billion) in treasury bonds from Saturday, the China Securities Journal said on Monday, part of this year's routine issues to fund public projects and plug a budget deficit.
Malaysian share prices closed 0.40 percent higher on Monday, with palm oil and technology stocks finding support on hopes for an upturn in both industries, dealers said. The Kuala Lumpur Composite Index was up 3.67 points to 928.88.
China's shares slipped 0.2 percent on Monday, the first session after a long break, as large caps such as Sinopec Corp fell on worries that the expansion of state stock sales would dilute investors' holdings.
Singapore share prices closed 1.66 percent higher on Monday, boosted by better-than-expected economic growth of 6.0 percent in the third quarter, dealers said. The Straits Times Index rose 38.15 points to 2,343.39.
Hong Kong stocks ended up 0.34 percent on Monday on a technical rebound amid quiet trade, with investors looking for bargains after a steep sell-off last week.
Indonesian share prices closed 0.74 percent higher on Monday with a rebound in Telkom and Indosat driving the composite index up in an otherwise quiet market, dealers said.
China Paradise Electronics Retail Ltd, the country's number-three consumer electronics retailer, raised US $131.5 million after pricing its IPO near the top of an indicated range, sources close to the deal said on Monday.
China Paradise Electronics Retail Ltd, the country's number-three consumer electronics retailer, raised US $131.5 million after pricing its IPO near the top of an indicated range, sources close to the deal said on Monday.
German biotech Jerini plans an initial public offering of shares in the current quarter, it said in a statement on Monday, confirming an earlier Reuters report. Berlin-based Jerini said that all shares offered, including the greenshoe option, would come f
The rupee fell to a new 10-month low on Monday as worries about India's expanding trade deficit and a distinct weakening bias for the currency in offshore forwards triggered dollar bids by importers and funds.
The Swiss franc held steady against the dollar on Monday after data showed the US economy lost fewer jobs than feared in September, confirming expectations of further interest rate rises by the Federal Reserve.
The dollar steadied in holiday-thinned trade on Monday, with its gains after last week's US jobs report capped by the view that rate rises in Europe and Asia would eventually diminish its yield advantage.
Interbank buy/sell rates for the taka against the dollar on Monday. 65.65/65.75 (previous 65.65/65.75). Call Money Rates: 5.25-12.00 percent (previous 5.75-10.75 percent).
Asian currencies were little changed on Monday, even as the yen weakened against the dollar, supported by growing calls from US officials for China to let the yuan appreciate further.
China's yuan strengthened on Monday to end at 8.0864 per dollar, the highest close since its July revaluation, with dealers saying the central bank was tolerating mild rises.
New Zealand captain Stephen Fleming will have an extra incentive to outsmart South African counterpart Graeme Smith when the two countries meet in a one-day international series this month.
Ashes foes Andrew Flintoff and Adam Gilchrist agreed on Monday that the tarnished World XI's quality will come through in Friday's Super Test cricket match against Australia at the Sydney Cricket Ground.
Skipper Graeme Smith has shrugged off the World XI's inglorious showings in the Super Series one-dayers and has promised to lift the players' commitment for this week's Test match with Australia at the Sydney Cricket Ground.
Tiger Woods downed fellow American John Daly at the second playoff hole here on Sunday to win the 7.5 million-dollar World Golf Championship American Express Championship.
At least 14 villagers were killed, four paramilitary soldiers shot dead and 390 homes torched by rival tribesmen in violence in north-east India, officials said Monday.
With the White House promising a decision soon on a successor to Federal Reserve Chairman Alan Greenspan, analysts view early November to mid-December as a likely time window for an announcement.
When Kathy Roussel looks down her street, she imagines the neat green lawns her neighbours were so proud of, not the cracked mud that weighs on the homes and spirits of Louisiana's St. Bernard Parish.
Poland's far-left populists whose electorate is set to play a key role in determining the European Union newcomer's president hinted on Monday they will back conservative candidate Lech Kaczynski in a run-off ballot.
Sudan will temporarily allow Ugandan troops to chase internationally wanted leaders of the Lord's Resistance Army (LRA) anywhere across the border where they may be hiding, Uganda's military said on Monday.
China is expected to launch its second manned space mission on Wednesday from a remote desert region, swelling national pride and leaving many foreign observers in awe at what the country has achieved.
An earthquake measuring 5.6 on the Richter scale occurred in waters off the Philippines Monday, the Hong Kong Observatory said. The quake was recorded at 7:12pm (1112 GMT) about 140 kilometres (90 miles) east-north-east of the town of Legaspi, it said.
Japan on Monday successfully tested a revolutionary design for a supersonic airliner to replace Concorde, three years after the first attempt ended in a fiery crash in the Australian desert, officials said.
Israel and the Palestinians postponed their first summit meeting since the Gaza pullout after preparatory talks failed on Monday to find a basis for its success.
Gunmen attacked a convoy carrying delegates from the Arab League in western Baghdad on Monday, killing three police escorts but leaving officials mostly unscathed, the Iraqi police said.
An American and an Israeli won the 2005 Nobel prize for economics on Monday for their work on "game theory", which can help explain and resolve trade and business conflicts, and even play a role in avoiding war.
North Korea pledged to strengthen its military as it celebrated the 60th birthday of its ruling Workers Party, state media reported Monday, amid speculation that leader Kim Jong-Il could soon anoint a successor.
An upsurge of violence in Darfur with rebels killing and abducting African Union forces may force the United Nations to partly suspend aid to the western Sudanese region, UN chief Kofi Annan warned on Monday.
The Ethiopian parliament re-elected Meles Zenawi as prime minister for a third five-year term on Monday - but the main opposition coalition boycotted the new legislature's first sitting since disputed elections.
The British government on Monday published a list of 15 Muslim "terror" groups it has asked parliament to ban as part of a crackdown following the July bombings in London.
Taiwan's independence-leaning President Chen Shui-bian intensified on Monday calls for a massive arms build-up to thwart what he said was a growing military threat from China.
A US military helicopter has crashed during an anti-militant operation in Afghanistan, but while the aircraft was a write-off there were no casualties, an American military spokesman said on Monday.
Two suicide explosions in the southern Afghan city of Kandahar on Monday killed six people and wounded eight, officials said. They said a suicide bomber blew himself up in the city centre, killing a senior anti-Taleban commander and three others.
The Mumbai stock exchange closed down 0.09 percent Monday with trading cautious ahead of quarterly earnings for major software firm Infosys Technologies, dealers said. The 30-share Sensex index fell 7.7 points or 0.09 percent to 8,483.86.
General Motors euro bonds continued their decline on Monday, after former unit Delphi Corp filed for bankruptcy protection over the weekend, which could drain cash from the struggling car maker.
General Motors euro bonds continued their decline on Monday, after former unit Delphi Corp filed for bankruptcy protection over the weekend, which could drain cash from the struggling car maker.
US stocks edged mostly higher on Monday as a rating upgrade on IBM helped ease the drag of Delphi Corp's bankruptcy filing on Dow component General Motors Corp and investor focus turned to the start of the quarterly earnings reporting season.