Edition:
United States

Lewa Pardomuan

Bullion sinks to lowest in 15 mths on robust U.S. data

Oct 06 2014

SINGAPORE Gold tumbled to its lowest level in around 15 months on Monday after better-than-expected U.S. jobs data boosted the dollar, dampening safe-haven appetite for bullion and pushing silver and platinum to multi-year lows.

Thai rubber growers demand stockpile sale probe, threaten protests

Sep 17 2014

BANGKOK/SINGAPORE Thai rubber growers are calling for an investigation into government claims it sold half the country's stockpile of the commodity, as farmers grow increasingly disillusioned with what they see as a lack of state support.

As cocoa price soars, chocolate makers devour substitutes

Sep 05 2014

SINGAPORE/NEW YORK Sep 5 Chocolate makers in the fast-growing Asian market are replacing a bigger proportion of cocoa butter, which gives confectionery its melt-in-the-mouth texture, with cheaper palm oil-based alternatives.

As cocoa price soars, chocolate makers devour substitutes

Sep 05 2014

SINGAPORE/NEW YORK Sep 5 Chocolate makers in the fast-growing Asian market are replacing a bigger proportion of cocoa butter, which gives confectionery its melt-in-the-mouth texture, with cheaper palm oil-based alternatives.

Gold steady, heads for monthly gain on Ukraine tension

Aug 29 2014

SINGAPORE Gold was little changed on Friday but was on track to post a monthly gain, as growing tensions between Russia and Ukraine stoked safe-haven demand for the precious metal.

Gold up for third day on softer dollar; US rate hike pressure looms

Aug 28 2014

SINGAPORE Gold rose for the third straight day on Thursday on softening dollar and increased tensions between Ukraine and Russia, but the precious metal was under pressure from rallies in equities and the prospect of a U.S. interest rate hike.

Gold rises from two-month low on technical buying, gains may be capped

Aug 26 2014

SINGAPORE Gold jumped around 1 percent higher on Tuesday after a break above $1,280 an ounce triggered chart-based buying, but gains could be capped by a firmer U.S. dollar and rallies in equities.

Gold holds near two-month low on firm dollar, talk of U.S. rate hike

Aug 25 2014

SINGAPORE Gold edged down on Monday, hovering near its lowest in two months on a firmer U.S dollar and speculation of an eventual increase in U.S. interest rates that could hurt the metal's appeal as a hedge against inflation.

China rubber stocks fall as port probe hits financing: sources

Jun 24 2014

SINGAPORE Rubber stocks in bonded warehouses in China's Qingdao port have fallen about a tenth from a peak in May, partly on reduced demand for the commodity as a loan collateral after a fraud investigation at the port, industry sources said.

Cocoa grinders compete for butter while powder supplies abound

Jun 17 2014

NEW YORK/SINGAPORE Chocolate makers including Barry Callebaut are racing to buy cocoa butter from their competitors this summer, pushing price premiums to their highest in months.

World News

India's Modi stuns opposition with huge election win

Indian Prime Minister Narendra Modi scored a dramatic election victory on Thursday, putting his Hindu nationalist party on course to increase its majority on a mandate of business-friendly policies and a tough stand on national security.