CHICAGO (AP) — Agriculture futures were lower in midday trading Friday on the Chicago Board of Trade. Wheat for December delivery fell 12 cents to $5. Beef and pork futures were higher on the Chicago Mercantile Exchange. Copyright © 2008 The Associated Press. read more
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Exxon Mobil?s third-quarter net income rises 58% to a new record of nearly $15 billion, but the results are likely to mark a swan song for groundbreaking profits tied to this past summer?s triple-digit prices for crude oil. Royal Dutch Shell on Thursday reported a 22% rise in third-quarter profit, as rising prices and improving profits from refining and marketing overcame a drop in production. On the outskirts of the San Francisco Bay Area, the depth of the housing-market collapse is evident in foreclosed homes that sold for $500,000 two years ago and yet aren?t attracting buyers at a third of the cost. Historical and current end-of-day data provided by Interactive Data Pricing and Reference Data . Intraday data delayed 15 minutes for Nasdaq, and 20 minutes for other exchanges. read more
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US equities soared on Tuesday, rebounding from the heavy losses sustained in the previous two sessions as investors snapped up battered stocks in spite of a fresh glut of grim economic data. Throughout the session, swings in the S&P 500 were tightly correlated with moves in the exchange rates of the euro and dollar against the yen. That suggested widespread selling of yen positions had left traders with cash to invest in US stocks. You have viewed your allowance of free articles. If you wish to view more, click the button below. read more
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Oil prices managed a modest recovery on Tuesday while base metals staged a rebound, helped by gains in equity markets as investors looked forward to this week?s meeting of the Federal Reserve which is expected to deliver a cut in US interest rates. Nymex December West Texas Intermediate rose $1. You have viewed your allowance of free articles. If you wish to view more, click the button below. read more
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The six-day fair concluded on Saturday in Yiwu County in eastern Zhejiang Province, with total trade volume reaching 10. More than 105,000 traders attended the fair, among whom were 16,107 overseas buyers, 5. The bestseller included appliances, stationeries, electronics and hardware, according to statistics from the fair organizers. Analysts said while consumption abilities of the Europeans and the Americans dropped, China-made petty commodities which were cheap and had good qualities, would be more competitive in the global market. Yiwu, 300 kilometers away from Shanghai, has the world’s largest wholesale market for small commodities. read more
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NEW YORK, Oct 24 (Reuters) – Wall Street was poised to plummet at the opening bell on Friday, after U. Global markets were down 4 percent as measured by the MSCI’s all-country world index . N225 ended down nearly 10 percent and European shares lost 8 percent. All three contracts lost the maximum amount permissible before the start of futures trading in the United States. read more
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CHICAGO (AP) — Agriculture futures fell Friday on the Chicago Board of Trade. Wheat for December delivery fell 6. Beef futures and pork futures mostly dropped on the Chicago Mercantile Exchange. Copyright © 2008 The Associated Press. read more
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Crude oil for the most-active December month contract rose by 1. The contract recorded a business volume of 452 lots. Similarly, the November month contract edged up by 1. Market experts said the rise in crude oil was mostly on the back of a firming trend in Asian markets on the eve of an OPEC meeting which may announce plans to cut production. New York’s main contract, light sweet crude for December delivery, rose 10 cen ts to USD 66. Copyright ? 2008, The Hindu Business Line. read more
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HONG KONG (XFN-ASIA) – Share prices finished the morning sharply lower, with the key index hitting its lowest level in nearly three-and-a-half years, on growing recession fears as the credit crisis that plagued developed nations for months began to snare developing economies. PK – news – people ), which have strong presence in emerging markets, also took a hit. OB – news – people ) index lost 497. The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News. The content on this site, including news, quotes, data and other information, is provided by Thomson Financial News and its third party content providers for your personal information only, and neither Thomson Financial News nor its third party content providers shall be liable for any errors, inaccuracies or delays in content, or for any actions taken in reliance thereon. read more
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Crude futures fall below $70 per barrel – MarketWatch Intraday data provided by Interactive Data Real Time Services , a division of Interactive Data Corp. Historical and current end-of-day data provided by Interactive Data Pricing and Reference Data . Intraday data delayed 15 minutes for Nasdaq, and 20 minutes for other exchanges. SEHK intraday data is provided by Comstock and is at least 60-minutes delayed. Real-time last sale data provided by NASDAQ. read more
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