Crop drops on speculation about U.S. harvest

Note: This section contains information in English only.
Source: Bloomberg
Wheat futures for July settlement edged lower by 1.2% to $7.225 per one bushel on the Chicago Board of Trade in the morning of Singapore trading session on Wednesday. The commodity price increased by 5.6% in two previous sessions and today traders cashed in profit on speculation that rains will help winter wheat to recover in Kansas, the biggest U.S. grower.
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Wed, 01 May 2013 10:32:03 GMT

Australia's manufacturing activity weakens in April

Manufacturing performance in Australia fell more than preliminary estimated in the month of April as seven out of eight manufacturing sub-sector contracted, the latest data released by the Australian Industry Group. Australian Performance Manufacturing Index declined by 7.7 points to a level of 36.7 points in April, with the reading below 50 indicating contraction.

Wed, 01 May 2013 12:10:03 GMT

American shares trade at record levels as consumer confidence surges

American shares surged on Tuesday with regional benchmark index reaching its new all-time high. Hopes that central banks across the globe will stick to their loose monetary policies also boosted U.S. shares. The S&P 500 Index climbed 0.25% to 1,597.57 points as of 4:14 p.m. New York time. Among the best performers, Best Buy Co Inc jumped 7.4% to $25.99,

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