Commodities
India May Extend Duty-Free Imports of Raw Sugar Beyond August Deadline India, the world’s biggest sugar
consumer, may allow duty-free imports of raw sugar beyond an
August deadline to bolster domestic supplies.
Copper Falls in London, Set for Weekly Drop, on Concern Demand Will Slow Copper fell in London and New York,
heading for a weekly drop, on concerns a weakening U.S. labor
market will damage the recovery in demand for industrial metals.
India Rains Cover Entire Country 12 Days Earlier Than Normal, Aid Planting India’s monsoon covered the entire
country today, 12 days before the normal date, aiding a revival
in sowing of rice, corn and oilseeds delayed by below average
rains last month, the weather bureau said.
Free-Range Goats Promise 12% Return in Rural Australia, MG Capital Says Free-range goat farming in rural
Australia is a low-cost investment that may offer annual returns
of as much as 12 percent, said Peter Hannen, chairman of
private-equity firm MG Capital Plc.
Calyon Raises Precious Metals Forecasts on Expectations Dollar Will Weaken Calyon, the investment banking unit
of Credit Agricole SA, raised its 2009 forecasts for gold and
silver as a weaker dollar increases demand for the precious
metals as an alternative investment.
Oil May Drop After Breaking 34-Day Average, PVM Says: Technical Analysis Crude oil may extend this week’s
decline after falling below its 34-day average, according to
technical analysis from PVM Oil Associates Ltd.