The Business Times

Companies & Markets

US Justice Department probes meatpackers for price manipulation, collusion

Brent crude futures settled at US$63.63 a barrel, up 25 cents or 0.3 per cent, on Friday.

Crude oil recovers late in session on hopes over US-Hungary meeting

It is unlikely to amount to a complete rollback of restrictions as hoped by Washington, industry insiders said.

China starts work on easing rare earth export rules but short of Trump hopes

Spot gold gained 0.5 per cent to US$3,996.72 per ounce by 0137 GMT. US gold futures for December delivery was up 0.3 per cent at US$4,004.40 per ounce.

Gold gains on softer dollar, increasing bets of Fed rate cut

Global oil prices fell for a third straight month in October on fears of oversupply as Opec and its allies - known as Opec+ - increase output while production from non-Opec producers is also still growing.

Oil falls as investors weigh potential supply glut, weak demand

nuclear power plant, cooling tower, water vapor

Nuclear education needed in Singapore as Asean neighbours explore deployment: Tan See Leng

Japan plans to test the feasibility of raising rare earth mud from a depth of 6,000 metres in January, according to Takaichi.

Japan, US consider rare earth mining near Minamitori in Pacific: PM Takaichi

Steel exports from China, the world’s largest producer, have surged to record highs as a sharp downturn in the domestic property market has hurt demand.

Japan’s trading houses brace for more pain from China steel glut

Non-yielding gold tends to do well in a low-interest-rate environment and during times of economic uncertainty.

Gold edges lower as US jobs data dents rate-cut expectations

Brent crude futures closed 92 cents, or 1.43 per cent, lower at US$63.52 a barrel, while US West Texas Intermediate crude settled 96 cents, or 1.59 per cent, low at US$59.60 on Wednesday.

Oil settles down more than 1% at 2-week lows on fears of glut

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