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Japan's Mitsubishi Corp sees six-month profit slump 42% on weak coal business
TOKYO, Nov 4 (Reuters) - Japanese trading house Mitsubishi Corp 8058.T reported a six-month net profit of 356 billion yen ($2.4 billion) on Tuesday, down 42% from last year, due to a weaker Australian steelmaking coal business and the absence of capital gains. The company, in which Berk...Reuters
Tue, Nov 4
GRAINS-Soybeans ease after rally; wheat hits three-month high
Chicago soybeans fell on Tuesday, retreating from a 16-month-high hit in the previous session, while traders awaited further Chinese purchases of U.S. cargoes following last week's talks and a thaw in trade relations between the two countries.Reuters
Tue, Nov 4
WTI holds losses near $60.50 despite OPEC+ output pause
West Texas Intermediate (WTI) Oil price remains subdued for the second successive day, trading around $60.70 per barrel during the Asian hours on Tuesday. The prices of Oil lose ground, which could be attributed to the market caution surrounding the US Federal Reserve (Fed) policy outlook for the De
Fxstreet
Tue, Nov 4
Mitsubishi CEO - Will Continue Discussions With Japanese Government And Business Partners Regarding Our Stake In Sakhalin-2 LNG Project In Russia
Nov 4 (Reuters) - Mitsubishi Corp 8058.T:MITSUBISHI CEO: WILL CONTINUE DISCUSSIONS WITH JAPANESE GOVERNMENT AND BUSINESS PARTNERS REGARDING OUR STAKE IN SAKHALIN-2 LNG PROJECT IN RUSSIAMITSUBISHI CEO: WE ARE NOT MAKING ANY NEW INVESTMENTS IN RUSSIASource text: [ID:]Reuters
Tue, Nov 4
PRECIOUS-Gold holds under $4,000 on dollar resilience, Fed rate-cut outlook
Dollar at over three-month highFed officials continue pressing competing views on rate cutsUS ADP employment report due on WednesdayBy Ishaan Arora Nov 4 (Reuters) - Gold traded below the $4,000-per-ounce mark again on Tuesday as the dollar remained resilient at over three-month highs, while redu...Reuters
Tue, Nov 4
RPT-INTERVIEW-Iraq can disarm factions only when the US withdraws, prime minister says
US withdrawal linked to disarming factions, Sudani saysSudani highlights US investment in Iraq's energy sectorSudani confident in election victory, aims for second termBy Timour Azhari and Ahmed Rasheed BAGHDAD, Nov 3 (Reuters) - Iraq has pledged to bring all weapons under the control of the ...Reuters
Tue, Nov 4
TECHNICALS-CBOT soybeans may retrace into $11.17-3/4 to $11.22-1/2 range before rising
For more technical analyses, please click SINGAPORE, Nov 4 (Reuters) - The CBOT soybean January contract SF26 may retrace into a range of $11.17-3/4 to $11.22-1/2 per bushel, before retesting resistance at $11.35-3/4.The contract failed to break the strong resistance at $11.35-3/4. That suggests the...Reuters
Tue, Nov 4
PRESS DIGEST-British Business - November 4
Nov 4 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times- BP BP.L has agreed to sell minority stakes in its U.S. onshore oil and gas pipeline assets in the Permia...Reuters
Tue, Nov 4
PRECIOUS-Gold holds under $4,000 on dollar resilience, Fed rate-cut outlook
Dollar at over three-month highFed officials continue pressing competing views on rate cutsUS ADP employment report due on WednesdayBy Ishaan Arora Nov 4 (Reuters) - Gold traded below the $4,000-per-ounce mark again on Tuesday as the dollar remained resilient at over three-month highs, while redu...Reuters
Tue, Nov 4
Marubeni CEO: Regarding Sakhalin-1 Oil Project, Where Russia's Rosneft Is A Partner, We Will Respond In Alignment With The Japanese Government
Nov 4 (Reuters) - Marubeni Corp 8002.T:MARUBENI CEO: PLAN TO MAKE A FINAL DECISION ON YAMAGATA'S OFFSHORE WIND PROJECT BASED ON DEVELOPMENT STATUS, GOVERNMENT SUPPORT MEASURES AND OTHER FACTORSMARUBENI CEO: REGARDING SAKHALIN-1 OIL PROJECT, WHERE RUSSIA’S ROSNEFT IS A PARTNER, WE WILL RESPOND I...Reuters
Tue, Nov 4
Blast reported at petrochemical plant in Russia's Bashkortostan, regional authorities say
Nov 4 (Reuters) - An explosion at the Sterlitamak petrochemical plant in Russia's Bashkortostan caused a partial collapse of a water-treatment facility, the administration of the city of Sterlitamak said on Tuesday. There no immediate reports of injuries, the administration said of the city loca...Reuters
Tue, Nov 4
Trump renews push to end New York City vehicle congestion fee
By David Shepardson WASHINGTON, Nov 3 (Reuters) - U.S. President Donald Trump said on Monday he would ask Transportation Secretary Sean Duffy to again consider terminating the New York City vehicle congestion fee, more than five months after a federal judge blocked the effort. The first-in-th...Reuters
Tue, Nov 4
US regulator rejects Colonial Pipeline's plan to change Northeast gasoline delivery
Nov 3 (Reuters) - The U.S. Federal Energy Regulatory Commission (FERC) on Monday rejected a Colonial Pipeline proposal to change the way it delivers gasoline from the Gulf Coast to consumers in the Northeast, noting the company failed to show the proposal was just and reasonable.Colonial in March fi...Reuters
Tue, Nov 4
Oil steadies as market digests OPEC+ output plans
Nov 4 (Reuters) - Oil prices were little changed early on Tuesday as markets weighed OPEC+'s decision to pause output hikes in the first quarter even as concerns over a looming supply glut persisted.Brent crude futures LCOc1 fell 9 cents, or 0.1%, to $64.80 a barrel by 0110 GMT. U.S. West Texas ...Reuters
Tue, Nov 4
PRECIOUS-Gold holds under $4,000 on dollar resilience, Fed rate-cut outlook
Nov 4 (Reuters) - Gold traded below the $4,000 per ounce mark again on Tuesday as the dollar remained resilient at over three-month highs, while reduced chances of another U.S. interest rate cut in December and easing U.S.-China trade tensions blunted bullion's demand.FUNDAMENTALSSpot gold XAU= ...Reuters
Tue, Nov 4
Arctic LNG 2 ships 13th cargo this year by end-October
SINGAPORE, Nov 4 (Reuters) - Russia's Arctic LNG 2 project has sent out another shipment of liquefied natural gas, bringing its total number of dispatched cargoes this year to 13, as the project continues output despite Western sanctions over Moscow's war in Ukraine.The Zarya tanker was the ...Reuters
Tue, Nov 4
GRAINS-Soybeans ease after record rally; wheat hits more than 3-month high
SINGAPORE, Nov 4 (Reuters) - Chicago soybeans fell on Tuesday, retreating from a 16-month-high hit in the previous session, while traders awaited further Chinese purchases of U.S. cargoes following last week's talks and a thaw in trade relations between the two countries.Wheat gained more ground...Reuters
Tue, Nov 4
