_Economy and Finance

Texas Refinery Is Saudi Foothold in U.S. Market Published: Friday, 5 Apr 2013 | 9:21 AM ET By: By Clifford Krauss PORT ARTHUR, Tex. — It is hard to imagine the desert sands of the Persian Gulf being any farther away than from this swampy refinery port known for Cajun food, sport fishing and being the birthplace of Janis Joplin. But right in the middle of town stands a strategic outpost for Saudi Arabia's global ambitions, although one that the Saudis appear loath to publicize. http://www.cnbc.com/id/100618028

Bloomberg Hedge Funds Make Wrong-Way Bets for a Fourth Week: Commodities By Joe Richter - Mar 25, 2012 9:21 PM Hedge funds wagered the wrong way on commodity prices for a fourth consecutive week, boosting bullish holdings just before reports showing a contraction in manufacturing from China to Europe drove prices lower.

Related News: Economy · Asia · China · Finance · Real Estate · Africa · Canada · Europe · Latin America · U.S. · Bonds · Currencies · Middle East · Japan · U.K. & Ireland · Insurance · Funds · Commodities · India & Pakistan ‘Perfect Storm’ May Threaten Global Economy By Shamim Adam - Jun 13, 2011 8:58 AM GMT+0900 A “ perfect storm ” of fiscal woe in the U.S., a slowdown in China, European debt restructuring and stagnation in Japan may converge on the global economy, New York University professor Nouriel Roubini said.

Related News: Economy · Asia · Europe · Japan · U.K. & Ireland · U.S. · Currencies · Funds · Insurance · Middle East · France · Canada Risk Rally Ending for Currencies Turns Focus to New Least Ugly-Alternative By Catarina Saraiva and Allison Bennett - May 23, 2011 1:08 PM GMT+0900 The best-performing currencies of 2011 are falling out of favor as the Federal Reserve plans its exit from record monetary stimulus just as the global economy shows signs of slowing, buffeting commodities and stocks.

Related News: Bloomberg , Economy , Africa , Australia , Europe , Latin America , Middle East , Opinion , Emerging Markets , Energy Markets , Finance , Commodities Commodities Trading Is Banking’s New Battleground: Commentary Matthew Lynn By Matthew Lynn - May 10, 2011 8:00 AM GMT+0900 Bloomberg Opinion Forget bonuses. Don’t worry about bailouts. That’s all history. The battleground that matters most for the banking and finance industry right now is the profits it is making from commodities trading.

CHINA NEWS|APRIL 26, 2011, 1:08 P.M. ET China Seeks Bigger Role in Australia Economy By DINNY MCMAHON BEIJING—China aspires to play a greater role in Australia's economy, one of the country's top leaders said Tuesday, signaling Beijing's aspirations for its companies to make inroads beyond simply extracting resources.

Related News: Canada · Commodities · Middle East · Australia · New Zealand Gold Rises Above $1,500 to Record on Weaker Dollar, Inflation By Pham-Duy Nguyen - Apr 21, 2011 3:53 AM GMT+0900 Gold futures rose to a record for the ninth time this month as a weakening dollar boosted investment demand for the precious metal as an alternative asset. Silver topped $45 an ounce for the first time since 1980.

Middle East Unrest's Credit Impact: Inflation Is Returning To Europe Sooner Rather Than Later (00:08:14 min) In this podcast, Jean-Michel Six, Standard & Poor's chief economist, Europe, discusses how political unrest in the Middle East is affecting economic conditions in Europe. Topics include rising inflation, the potential for a new oil shock, and geopolitical risks. Listen