December 15, 2017, 9:54 pm
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Shipping and Transportation

Wheat eases on global supply

December 01, 2017
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SINGAPORE- US wheat futures lost ground on Thursday, slipping for four out of six sessions and trading near contract lows made earlier this week as record world supplies added pressure on prices.

OPEC heading for extension

November 30, 2017
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VIENNA- OPEC and Russia are heading towards prolonging their oil supply cuts for the whole of 2018 but with an option to review the deal in June, OPEC sources said after Moscow expressed concerns the market could overheat.
 

Steel extends rally

November 30, 2017
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Chinese steel futures jumped for a third straight session on Wednesday, touching a six-week high, as winter production curbs in the world’s top steelmaker reduced traders’ stockpiles to the lowest in years.
 

Oil falls but analysts see hea

November 30, 2017
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SINGAPORE- Oil prices fell on Wednesday on doubts OPEC and Russia will agree an extended crude production cut that the market has priced in, and after a report of an unexpected rise in US fuel inventories.

Copper nears one-week low

November 30, 2017
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MELBOURNE- London copper edged up on Wednesday, pulling away from its lowest in more than a week hit in the previous session, buoyed by signs of progress on US tax cuts, but analysts said any reprieve may prove short-lived given weaker oil prices.

Canada opens WTO case against

November 30, 2017
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OTTAWA- Canada on Tuesday formally opened a case against the United States at the World Trade Organization over a recent Commerce Department decision to impose duties on Canadian lumber exports, the foreign ministry said.
 

Corn hits contract low on supp

November 30, 2017
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SINGAPORE- Chicago December corn futures hit a contract low on Wednesday, weighed down by plentiful world supplies and lacklustre demand.

Global coffee deficit pegged a

November 29, 2017
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Global coffee demand will exceed production by 3.6 million bags in 2017/18 following a 300,000 bag surplus, on lower output and higher consumption from emerging markets, Sucden Financial said in a report on Monday.

OPEC sees market rebalancing

November 29, 2017
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VIENNA- Oil markets will rebalance after June 2018 at the earliest, an OPEC working panel concluded last week, OPEC sources said on Monday, signaling the need to extend existing production cuts well into next year.

Oil prices fall on uncertainty

November 29, 2017
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SINGAPORE- Oil prices slipped in early Asian trade on Tuesday amid uncertainty over a possible extension of output cuts by major crude producers and expectations of higher supply as the Keystone pipeline restarts.

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Front Page

Column of the Day

Santa Claus isn’t coming

By DAHLI ASPILLERA | December 15,2017
‘Kids, sorry to say that Santa Claus is not coming this year. Things are falling apart in the North Pole.’

Opinion of the Day

Duterte doesn’t rule out nationwide martial law

By ELLEN TORDESILLAS | December 15, 2017
‘Duterte does not even bother to allay these concerns.’