* Crude oil down about 3 pct, sharpest dip in 2 weeks * Copper down first time in 5 sessions * Arabica coffee, raw sugar join slide after recent strength * Gold stays near 11-month highs on safe-haven demand By Barani Krishnan NEW YORK, Oct 3 (Reuters) - Oil prices fell the most in two weeks on Monday and agricultural markets took another pounding as … [Read more...] about COMMODITIES-Oil, grain dive on Europe recession fears; gold up
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Euro Coal-Stable prices, flurry of S.African trades seen
* Nov S.African cargoes trade at $83.75-$84/T * Weak rupee limits Indian buying interest LONDON Oct 3 (Reuters) - Prompt physical coal prices were barely changed again as the market waited for a much-needed seasonal rise in demand to absorb some of the persistent oversupply. An unusually large number of South African cargoes traded on Wednesday but there seemed … [Read more...] about Euro Coal-Stable prices, flurry of S.African trades seen
UPDATE 5-South Africa wildcat strikes spread to more mines
* Kumba Iron Ore says 300 employees involved, limited effect * Gold producer Harmony reports illegal strike at mine * Spread of labour unrest ups pressure on Zuma government * Action rattles investors in Africa's largest economy By Ed Stoddard and Agnieszka Flak JOHANNESBURG, Oct 3 (Reuters) - A series of wildcat miners' strikes spread to South Africa's … [Read more...] about UPDATE 5-South Africa wildcat strikes spread to more mines
COMMODITIES-Oil tumbles on Europe recession fears; gold up
* U.S. crude oil down 4 pct, sharpest drop since June * Copper falls for first time in 5 sessions * Arabica coffee, raw sugar join slide as dollar rises * Gold stays near 11-month highs on safe-haven demand By Barani Krishnan NEW YORK, Oct 3 (Reuters) - Oil prices tumbled on Monday, with U.S. crude posting its largest drop in four months, after European … [Read more...] about COMMODITIES-Oil tumbles on Europe recession fears; gold up
BRIEF-Moody’s downgrades five South African banks’ foreign-currency deposit ratings to Baa1; outlooks negative
Date (Reuters) - Moody's downgrades five South African banks' foreign-currency deposit ratings to Baa1; outlooks negative © Thomson Reuters 2012 All rights reserved … [Read more...] about BRIEF-Moody’s downgrades five South African banks’ foreign-currency deposit ratings to Baa1; outlooks negative
