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Between a rock and a hard place: China's taming of hot commodities may be fleeting

China's recent measures aimed at cooling red hot industrial commodities prices will likely only have a temporary affect unless authorities take ...

Manila , Philippines , Shanghai , China , Brazil , Beijing , Hanoi , Han-i , Vietnam , Republic-of , Chile , Tangshan

Sector, thematic funds see inflows on better returns


Sector, thematic funds see inflows on better returns
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The net inflow in sectoral and thematic funds was Rs 11,084 crore in the past 12 months though the equity fund category as a whole had outflow of Rs 28741 crore.
Sectoral and thematic funds continue to draw investors’ interest. The net inflow in sectoral and thematic funds was Rs 11,084 crore in the past 12 months though the equity fund category as a whole had outflow of Rs 28741 crore according to the Association of Mutual Funds in India (AMFI) data. The net flow in sectoral funds was the highest among equity fund categories.

India , Association-of-mutual-funds , Mutual-funds , Nippon-india-pharma , Mutual-fund-news , Commodity , Amfi , Aum , Investment , Sector-funds , Thematic-funds

Investors focus on sector funds amid rising volatility

The net inflow in sectoral and thematic funds was Rs 11,084 crore in the past 12 months though the equity fund category as a whole had outflow of Rs 28741 crore.

India , Association-of-mutual-funds , Mutual-funds , Nippon-india-pharma , Mutual-fund-news , Commodity , Amfi , Aum , Investment , Sector-funds , Thematic-funds

China's bulk commodity market reports growth expansion


China's bulk commodity market reports growth expansion
Xinhua |
Updated: 2021-05-09 15:33
A bird's-eye view of the Tianjin Port on Aug 14, 2019. [Photo/Xinhua]
BEIJING -- China's bulk commodity market reported growth expansion in April, industrial data shows.
The China Bulk Merchandise Index, a gauge of the domestic bulk commodity market's growth, stood above the boom-or-bust line of 100 percent at 103.3 percent last month, according to the China Federation of Logistics and Purchasing.
The index has risen for four consecutive months, indicating a stable and growing domestic bulk commodity market, said the federation.
In April, the sub-index for bulk commodity supply rose 1.7 percentage points from March to 102.7 percent, and the sub-index for sales stood at 105.5 percent, up 1.9 percentage points from a month earlier.

China , Beijing , Tianjin , China-federation-of-logistics , Tianjin-port , China-bulk-merchandise-index , China-federation , Bulk , Commodity , Per-cent , Sub-index

Covid 19 coronavirus: US tribe shares vaccine with relatives, neighbours in Canada


Covid 19 coronavirus: US tribe shares vaccine with relatives, neighbours in Canada
5 May, 2021 11:22 PM
7 minutes to read
Canadians at the Piegan-Carway border to receive a COVID-19 from the Blackfeet tribe. Photo / AP
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On a cloudy spring day, hundreds lined up in their cars on the Canadian side of the border crossing that separates Alberta and Montana. They had driven for hours and camped out in their vehicles in hopes of receiving the season's hottest commodity — a Covid-19 vaccine — from a Native American tribe that was giving out its excess doses.
The Blackfeet tribe in northern Montana provided about 1000 surplus vaccines last month to its First Nations relatives and others from across the border, in an illustration of the disparity in speed at which the United States and Canada are distributing doses. While more than 30 per cent of adults in the US are fully vaccinated, in Canada that figure is about 3 per cent.

Montana , United-states , United-kingdom , Alaska , Washington , Piegan , Calgary , Alberta , Canada , Glacier-national-park , British-columbia , North-dakota

PM can't handle hike in commodity prices: Bilawal


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May 5, 2021
ISLAMABAD: Pakistan People’s Party (PPP) Chairman Bilawal Bhutto Zardari has slammed the PTI government for the record rate of inflation.
“Imran Khan’s government has unleashed a storm of inflation and to add insult to the injury there seems to be no intent to decrease inflation and ease the burden on the working class. How can a country survive economically when it imports sugar and flour while producing wheat and sugarcane in abundance?” he questioned in a statement on Tuesday. Bilawal pledged when the PPP forms government in the federation, it would issue Benazir Mazdoor Cards to labourers across the country.

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Widespread Commodity Shortages Raise Inflation Fears


Widespread Commodity Shortages Raise Inflation Fears
For products as diverse as lumber and microchips, price increases are filtering through the economy.
An apartment complex in Orlando, Fla., being built by Roger B. Kennedy Construction, which says many of its suppliers are raising their prices 10 to 20 percent.Credit...Octavio Jones for The New York Times
May 3, 2021, 5:00 a.m. ET
WASHINGTON — In a normal year, Ron Whelan, vice president of Roger B. Kennedy Construction, receives one or two “Dear Valued Customer” letters from suppliers notifying him of price increases for certain materials. This year, a stack of 30 such warnings sits on his desk in Orlando, Fla., alerting him that things as diverse as lumber, drywall, aluminum and steel are going to cost 10 to 20 percent more.

New-york , United-states , France , Washington , White-house , District-of-columbia , America , American , Timothyr-fiore , Jeromeh-powell , Darius-adamczyk , Paul-ashworth

A commodity boom with a difference


The Globe and Mail
Michael Mackenzie
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For big global oil and mining companies, the boom times are back. That’s the signal emerging from recent company results and rising sector share prices.
BP PLC BP-N recently revealed a tripling of quarterly profits from a year ago, while commodities trader Glencore PLC GLNCY issued some bullish guidance on its full-year results. The talk among traders and analysts is of another “supercycle” for energy and raw materials.

China , David-kelly , Joe-biden , Goldman-sachs-group-inc , Goldman-sachs , Bloomberg-commodity-index , Reserve-board , Goldman-sachs-group , Adveditorial , Globe-advisor , Advfinancialtimes21 , Commodity

Why CP Rail's and CN Rail's takeover debt scares rating agencies

Why CP Rail's and CN Rail's takeover debt scares rating agencies
theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.

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Commodity Cycles, Inequality, and Poverty in Latin America


Commodity Cycles, Inequality, and Poverty in Latin America
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Disclaimer: The views expressed herein are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.
Summary:
Over the past decades, inequality has risen not just in advanced economies but also in many emerging market and developing economies, becoming one of the key global policy challenges. And throughout the 20th century, Latin America was associated with some of the world’s highest levels of inequality. Yet something interesting happened in the first decade and a half of the 21st century. Latin America was the only region in the World to have experienced significant declines in inequality in that period. Poverty also fell in Latin America, although this was replicated in other regions, and Latin America started from a relatively low base. Starting around 2014, however, and even before the COVID-19 pandemic hit, poverty and inequality gains had already slowed in Latin America and, in some cases, gone into reverse. And the COVID-19 shock, which is still playing out, is likely to dramatically worsen short-term poverty and inequality dynamics. Against this background, this departmental paper investigates the link between commodity prices, and poverty and inequality developments in Latin America.

United-states , America , Mauricio-vargas , Frederikg-toscani , Ravi-balakrishnan , Sandra-lizarazo , Marika-santoro , Adobe-acrobat-reader , Executive-board , Latin-america , Commodity