April 24, 2017, 9:33 pm
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Shipping and Transportation

Steel outlook drags

April 11, 2017
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SYDNEY - Concerns that China is producing too much steel put pressure on industrial raw materials markets on Monday, with key futures indicators, iron ore, coke and rebar all trading lower.

Oil rises on strong demand

April 11, 2017
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SINGAPORE - Oil prices rose on Monday, supported by strong demand and uncertainty over the conflict in Syria, although another run-up in US drilling activity kept a lid on gains.

US coal to get short-term expo

April 11, 2017
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LAUNCESTON, Australia - One of the big hopes for a revival of the US coal industry since the election of President Donald Trump is increasing exports. Right on cue, it looks likely that more of the fuel will be shipped to foreign buyers.

Big miners have trouble joinin

April 10, 2017
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While automation represents a potential threat to jobs the world over, it is particularly sensitive in an industry employing hundreds of thousands of blue-collar workers in nations where mining represents a major chunk of GDP.  

LNG market tightens

April 10, 2017
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SINGAPORE/CHIBA - Asian spot LNG prices edged higher this week, albeit from low levels, as tight production supported a market undergoing fundamental changes amid a surge in new sellers and buyers.

Oil rises after US missile st

April 10, 2017
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NEW YORK - Oil prices rose on Friday, trading near a one-month high and closing the week up 3 percent after the United States fired missiles at a Syrian government air base, raising concern that the conflict could spread in the oil-rich region.

EU regulators to clear Maersk

April 10, 2017
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BRUSSELS- World No. 1 shipping company Maersk Line is set to win EU antitrust approval for its acquisition of Hamburg Sud after agreeing to pull the German company out from some trade routes, a person familiar with the matter said on Friday.

Traders bet their assets that

April 07, 2017
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LONDON — The jury is still out on whether OPEC can rein in a global oil glut but top commodity traders are betting it can by selling stakes in storage tank businesses that profited from oversupply.

Copper industry sees worst of

April 07, 2017
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SANTIAGO — The copper business will recover from crisis mode after plummeting prices for the metal resulted in output cuts, industry executives said at a meeting in world top copper producer Chile this week, but they expect that incipient recovery will be slow.

Steel falls over 2%

April 07, 2017
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Chinese rebar steel futures dropped more than 2 percent on Thursday, pressured by growing supply while seasonal demand in the world’s largest steel consumer appears to be slower than many had expected.


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Front Page

Column of the Day

‘Nothing from the PNP Internal Afffairs Service’

By DODY LACUNA | April 21,2017
685 View(s) 0 Comment(s)
‘Pulitzer Prize-winning photos are framed against a lawless landscape of Filipinos in brutal submission...’

Opinion of the Day

Ignored laws

By DAHLI ASPILLERA | April 24, 2017
258 View(s) 0 Comment(s)
‘Shouldn’t the BIR deputize Seniors or high school student volunteers? Have them go from store to store demanding evidence that they pay BIR on their income?’