Morning Masala

Here is what others are talking about this morning:

Asian stocks firm as Fed looms large, yuan slips

Asian shares firmed on Tuesday as recently volatile crude oil prices showed some stability, though gains were limited by caution ahead of a widely anticipated U.S. interest rate increase by the Federal Reserve.

Dollar steadies as halt in oil, equities slide provides traction

The dollar was little changed versus the yen and euro on Tuesday following a recent wave of selling, taking its cue from calmer oil prices and steadier equity markets.

India says Paris climate deal won’t affect plans to double coal output

India still plans to double coal output by 2020 and rely on the resource for decades afterwards, a senior official said on Monday, days after rich and poor countries agreed in Paris to curb carbon emissions blamed for global warming.

Never Mind $35, The World’s Cheapest Oil Is Already Close to $20

As oil crashed through $35 a barrel in New York, some producers were already living with the reality of much lower prices. A mix of Mexican crudes is already valued at less than $28, an 11-year low, according to data compiled by Bloomberg.

Chinese Checkers: Exports of Cotton, Copper from India Hit

Indian companies in the commodity business from sectors including cotton and yarn, metals and mining, and capital goods are facing the brunt of structural changes in the Chinese economy.

Honey, They Shrunk Our Seafood Exports

 Seafood exports from India are facing rough weather this fiscal, after a surge in the past few years catapulted shipments over 60% to 33,000 crore. The fall in global shrimp rates and depreciation of foreign currencies pulled down marine products exports by 14% in value and 4.5% in quantity during the six months to September, from a year ago.

 

 

 

 

 

 

Leave a Reply

Your email address will not be published. Required fields are marked *