Friday, February 7

Tag: commodities

Where Is the Stock Market Headed? Big Money Pros Weigh In.
27Oct By adminNo Comments
Money

Where Is the Stock Market Headed? Big Money Pros Weigh In.

This year has posed an unusual array of challenges for investors, and more could be in store. The major stock market indexes are still up in 2023, powered by a narrow slice of technology stocks, but have been losing ground rapidly. Bond yields have risen sharply, topping 5% on some government debt. The economic outlook is uncertain, the U.S. government has been in turmoil, and wars and conflict are spreading across the globe.This year has posed an unusual array of challenges for investors, and more could be in store. The major stock market indexes are still up in 2023, powered by a narrow slice of technology stocks, but have been losing ground rapidly. Bond yields have risen sharply, topping 5% on some government debt. The economic outlook is uncertain, the U.S. government has been in tur...
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Rice prices in Asia hit 15-yr high after India’s 6-week campaign of curbs
3Sep By adminNo Comments
Business

Rice prices in Asia hit 15-yr high after India’s 6-week campaign of curbs

By Ben Sharples and Anuradha Raghu   In about six weeks, India has rattled the rice market. The world’s top shipper has placed restrictions on all of its exports, panicking governments from Asia to West Africa. Other big growers have tried to reassure consumers that rice supply is ample, but it’s done little to calm the market. Rice prices in Asia jumped back near the highest level in almost 15 years on Wednesday after India slapped more curbs on parboiled and basmati over the previous weekend. They were the last remaining varieties free from export restrictions, bringing to a head a recent campaign of tightening that started with a July 20 ban on the shipment of some grains.   “Spikes in rice prices always hurt poor consumers the most,” said Peter...
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