PARIS --Battered by the financial crisis and the rarification of credit, leading industrial economies of the world are headed for flat or slow growth, at best, through 2009, and will only start recovering in 2010,...
LONDON --Finnish stainless steel producer Outokumpu (OUT1V.HE) is well-positioned to compete against cheap stainless steel imports from China, the company's chief executive Juha Rantanen said. Stainless steel imports from China to Europe have fallen o...
JAKARTA --Indonesia is well-poised to position itself as Asia's hub for cocoa processing, but local farmers aren't producing enough of the fermented cocoa beans needed by grinders due to the risks involved and a lack...
*Quantitative model has lost lustre *New era of investment flexibility predicted *Regulation to encourage return to traditional manager skill LONDON, Oct 15 - The asset management industry will go back to basics in the post-credit...
COPENHAGEN --AP Moller Maersk AS's Maersk Line, the world's largest container shipping operator, is adjusting capacity to meet the impact of expensive oil and a slowing world economy, the division's head of products Robert Kledal...
TOKYO --A coal trading business pact with a unit of a major French utility has helped Japan's Chubu Electric Power Co. (9502.TO) weather a period of tight fuel supplies, delivery disruptions and record high fuel...
SINGAPORE --Marine fuels supplier Chemoil Energy Ltd. (AV5.SG) plans to expand in the Asia-Pacific region by adding more "gas stations" at ports in the region, the company's chief financial officer said. Chemoil is exploring opportunities...
TOKYO --Japan's bargaining power in annual price negotiations for Australian thermal coal risks being weakened by China's push to keep more domestic coal at home, a senior Japanese industry official said. Hitoshi Suzuki, president of...
TOKYO --Japan's bargaining power in annual price negotiations for Australian thermal coal risks being weakened by China's push to keep more domestic coal at home, a senior Japanese industry official said. Hitoshi Suzuki, president of...
SIEM REAP, Cambodia --U.S corn prices will likely rise further this year, despite expectations that the country will harvest its third-largest crop ever, Julius Schaaf, chairman of the Iowa Corn Promotion Board told Dow Jones...