By Khushita Vasant of Dow Jones Newswires Mumbai - Multi Commodity Exchange of India Ltd. has received the capital market regulator's approval to proceed with its share-listing plan, two people familiar with the matter said Friday, paving ...
Deutsche Bank analysts reckon BHP Billiton's harvest of several non-core assets could bank the world's biggest miner up to US$10 billion. Though the broker notes BHP will be in no hurry to sell, the miner has emphasized its focus on large, ...
NEW DELHI -- India shouldn't implement a proposed commodity transaction tax as such a move will hit trading volume in all commodity futures, Consumer Affairs Secretary Rajiv Aggarwal said Friday.
FRANKFURT (MarketWatch) — Gold prices extended losses Friday, more than erasing the prior session’s gains on pressure from a stronger dollar despite CME Group’s decision to lower futures margins on some commodities including the precious ...
LONDON (MarketWatch) — European stock markets tumbled Friday, with banks driving losses as uncertainty over Greece intensified after euro-zone finance ministers held off on approving Greece’s second bailout late the previous day.
SAN FRANCISCO (MarketWatch) — The merger announcement from Glencore International PLC and Xstrata PLC this week turned heads because the combination of a commodities trading powerhouse and a major miner, especially those of such size and ...
MUMBAI – Indian financial services company Reliance Capital Ltd. Friday reported a 43% drop in third-quarter net profit, hurt by higher interest costs and a loss in its general insurance business.
Trade data for January has China economists howling at the Lunar New Year moon. The headlines are dire, but in the details there's room for reassurance.
LONDON (MarketWatch) — British stocks pulled back on Friday as investors weighed news that Greece’s next instalment of aid would not be released before austerity measures approved by political leaders were also ratified by the nation’s ...
Glencore and Xstrata officially rolled out their ambitious attempt to create a $90 billion commodities giant Tuesday morning. The new company, to be called Glencore Xstrata International PLC, could dramatically change the face of the ...
Large shareholders of Xstrata PLC came out against the company's plan to merge with Glencore International AG, highlighting what could be a difficult task selling the giant deal to shareholders and regulators.
By Geoffrey Rogow and David Rogers Goldman Sachs on Friday upgraded its Australian dollar forecast against the U.S. dollar for the upcoming three-month, six-month and 12-month periods, saying the commodity-driven currency will be the main ...
NEW YORK (MarketWatch) — Portfolio diversification is fairly straightforward. Different kinds of assets — stocks and bonds, for example; maybe commodities and real estate as well — lower volatility and deliver more consistent returns than ...
SAN LUIS OBISPO, Calif. (MarketWatch) — Commodities guru Jim Rogers wrote: “Bull in China, Investing Profitably in the World’s Greatest Market.” A former partner of hedge genius billionaire George Soros, he blamed the Fed for igniting two ...
After a week of anticipation, Glen-X is here. Glencore and Xstrata formally unveiled their plan to form a $90 billion mining and commodities giant Tuesday morning. The deal, which will officially be called Glencore Xstrata International ...