Oil strikes two-year high; soya scores record high

Oil strikes two-year high; soya scores record high

Oil prices hit two-month highs this week, driven by Federal Reserve stimulus hopes and Middle East unrest, while soyabeans soared to a record high as US supplies were hit by drought.
Commodity prices slump as investors seek dollar safety

Commodity prices slump as investors seek dollar safety

Commodity prices tumbled this week, mirroring the situation on global stock markets, as fears of a new worldwide recession amid a worsening eurozone debt crisis saw investors seek refuge in the dollar.
Vinacomin defends recent coal imports

Vinacomin defends recent coal imports

State-owned miner Vinacomin’s claims that coal imports are more economical than using domestic coal have been rejected by experts.
Oil spikes on OPEC deadlock; corn hits record

Oil spikes on OPEC deadlock; corn hits record

World oil prices surged this week after Saudi Arabia failed to clinch agreement over an OPEC output boost, while corn hit a record peak as the US Department of Agriculture cut its inventories forecast.
Gold extends record run higher, oil rises

Gold extends record run higher, oil rises

Gold prices nailed fresh record highs, silver struck an all-time peak and crude oil futures climbed as the dollar faltered during a shortened trading week for commodity investors.
Building contractors get hammered

Building contractors get hammered

Rising input costs have driven scores of construction contractors into a dilemma.
Gold strikes record on Libya chaos; New York oil tops $104

Gold strikes record on Libya chaos; New York oil tops $104

Gold glistened this week, striking a record peak as investors hunted for a safe-haven amid violent unrest in Libya that has sparked fears about spreading instability in the Middle East and North Africa.

Building of $491 million deep water port begins

Building of the $491 million Cua Lo deep water sea port in central Nghe An province started yesterday.

Metal prices hammer record highs

Copper and tin prices nailed historic highs this week, and gold smashed above $1,400 for the first time in history in a sustained record-breaking run fuelled by hopes of economic recovery.
Import tax cut plan backlash

Import tax cut plan backlash

Hanoi - A plan to reduce import taxes on trucks proposed by the Ministry of Finance could harm the domestic automobile industry, said auto firms and experts.

Commodities smash records in historic week

LONDON, October 15, 2010 - Gold, tin, rubber and cotton hit record peaks this week, aided by keen demand, the tumbling dollar and strengthening hopes of new monetary easing measures from the US Federal Reserve, analysts said.

Gold, tin prices hit record highs

LONDON, October 8, 2010 (AFP) - Gold and tin hit record highs this week as the dollar slid on worries over the US economic recovery, with the weaker currency boosting demand, analysts said.