Gold rises as stalemate in budget talks persist

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/FP
Gold jumped on Tuesday increasing for the second straight day and reaching the highest level in a week as talks between Republicans and the U.S. President Barack Obama have not bring any progress. Bullion for delivery in October advanced 0.4% to $1,327.96 an ounce and was traded at $1,325.51 as of 12:35 p.m. Singapore time after the prices grew to $1,329.11 yesterday.

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Tue, 08 Oct 2013 08:01:04 GMT

Emerging-market shares rise to 2-week high amid Chinese companies

Emerging-market equities advanced to the strongest level in two weeks mainly due to an increase of China's phone companies as ZTE Corp. and China Mobile Ltd. added at least 1.7% and as Indian central bank reduced its liquidity curbs. The MSCI Emerging Markets Index gained 0.4% to 1,008.84 as of 1:46 p.m. Hong Kong time, however, it has lost 4.5%

Mon, 07 Oct 2013 18:05:04 GMT

Corn heads for 3rd straight gain, soybean falls amid lowered forecast

Corn traded in Chicago advanced on Monday and it is set to expand for the third successive session. While soybean declined after Informa Economics Inc. cut the soybean harvest forecast by 1.5% to 3.176 billion bushel. Corn for settlement in December gained 0.7% to 4.465 a bushel on the CBOT, whereas November soybeans futures fell 0.2% to $12.93 a bushel.

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