Chinese shares drop on higher home prices

Note: This section contains information in English only.
Source: Bloomberg
China's shares declined on Tuesday as developers companies fell to the lowest level in six weeks, smaller companies lost on speculation that valuations are excessive and as a report showed that home prices rose more than expected signaling a possible tightening of property curbs. The Shanghai Composite Index dropped 0.7% to 2,214.51 as of 11:30 a.m.

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Tue, 22 Oct 2013 08:03:05 GMT

WTI falls on high inventories in U.S.

West Texas Intermediate crude dropped on Tuesday and traded below a level of $100 a barrel for the second straight session as a report showed that stockpiles in the world's largest consumer, U.S., advanced to the highest level in 15 weeks. November WTI futures expiring today slipped 37 cents to $98.85 a barrel on the NYMEX, while December contract slid

Tue, 22 Oct 2013 07:41:15 GMT

Aussie trades near 4-month high as BHP increases forecast

The Australian currency fluctuated on Tuesday and traded close to the strongest level in a four-month period after the country's largest exporter export, BHP Billiton Ltd., increased its forecast of iron ore production. The so-called Aussie traded at 96.46 U.S. cents as of 3:30 p.m. Sydney time following an increase to the highest figure since July 4 at 96.79 yesterday.

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