Olam's Trading Halt

Commodity trader Olam has been halted in Singapore ahead of announcement involving shareholders. At the same time Olam has set aside allegations about its account to make an acquisition. It's bought Egyptian dehydrated food processor Dehydro Foods Ltd.

Iron Ore Seen at Risk of 2017 Price Slump to $50s
44:49 - Iron Ore is seen at risk of slumping back to $70 a metric ton next quarter, with the possibility of trading in the $50s in the second half of the year due to an expected shift in consumption, according to Barclays Plc. Bloomberg's Will Kennedy reports on "Bloomberg Surveillance." (Source: Bloomberg)
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