Dairy product prices inch up, whole milk powder slips
By Margreet Dietz Sept. 21 (BusinessDesk) - Dairy product prices rose at the Global Dairy Trade auction, though gains fell short of expectations as whole milk powder prices unexpectedly moved lower. The GDT price index rose 1.7 percent to US$2,975, up from US$2,920 at the p...
While you were sleeping: Wall St inches higher
By Margreet Dietz Sept. 20 (BusinessDesk) - Wall Street moved higher, while the US dollar slid, as investors await the outcome of the Federal Reserve policy meeting on Wednesday to gauge the timing of the next interest rate increase. While few expect Federal Open Market Com...
While you were sleeping: Apple paces advance
By Margreet Dietz Sept. 16 (BusinessDesk) - Wall Street rose, bolstered by Apple shares, even as the latest US reports showed weaker-than-expected retail sales and manufacturing output, which further reduced bets the Federal Reserve will hike interest rates next week. A Com...
While you were sleeping: Shuffling Fed bets
By Margreet Dietz Sept. 15 (BusinessDesk) - Wall Street was mixed as investors tried to position themselves for a Federal Reserve policy meeting next week as the latest expectations swung back to bets the central bank will stand pat on interest rates. In 3.09pm trading in...
Prev
