• Commodities & World Biz  |  JANUARY 30, 2015 2:55 PM

    Oil heads for longest decline in 6 years

    Story by
    www.bloomberg.com

    Oil headed for the longest run of monthly losses since January 2009 amid speculation that rising US crude supplies will exacerbate the global glut that spurred last year’s price collapse.

     
  • Commodities  |  JANUARY 30, 2015 12:47 PM

    KLTM closes lower at US$19,200 a tonne

    Story by
    www.bernama.com

    The Kuala Lumpur Tin Market (KLTM) closed easier at US$19,200 per tonne, down US$50 per tonne, on lack of buying interest, said a dealer.

     
  • Commodities, Featured and Exclusive, World Biz  |  JANUARY 30, 2015 8:45 AM

    Major oil companies cut spending to protect dividends

    Story by
    www.bloomberg.com

    The first major oil companies to report earnings amid the worst oil crash since 2009 all pledged to protect shareholder payouts even as they announced more than US$20 billion (RM70.6 billion) in spending cuts in a span of five hours.

     
  • Commodities  |  JANUARY 30, 2015 8:01 AM

    Gold falls 2% to a two-week low on Fed outlook

    Story by
    www.reuters.com

    Gold prices tumbled more than 2 percent to a two-week low on Thursday, while silver saw its biggest decline in 1-1/2 years after the Federal Reserve signaled it was still on track to lift US interest rates this year.

     
  • Commodities & Featured and Exclusive  |  JANUARY 30, 2015 7:40 AM

    Oil rises on short coverage but supply glut worries persist

    Story by
    www.reuters.com

    Global oil prices firmed slightly on Thursday but not before US crude hit a near six-year low and benchmark Brent pared gains on data showing fresh additions to already record-high US oil inventories.

     
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