Daily Masala

Here is what others are talking about this morning:

Asia stocks gain as dollar slide boosts oil

Asian shares rebounded on Thursday as speculation the U.S. Federal Reserve might opt to not raise interest rates at all this year hammered the dollar and sparked a huge rally in oil prices.

Gold clings near three-month peak as U.S. rate hike views ease

 Gold stayed near a three-month top on Thursday after marking its best day in two weeks as the U.S. dollar slid after investors scaled back expectations for a near-term U.S. interest rate increase.

Mahyco Monsanto seeks stay on formation of Bt cotton pricing panel 

Mahyco Monsanto Biotech India moved the Delhi High Court once again, seeking a stay on the functioning of a committee constituted under the cottonseeds price control order.

ChemChina’s $43 Billion Meal: Foie Gras, Spring Rolls, Syngenta

 Tuesday night’s menu at Zurich’s mountainside Hotel Atlantis was classic French, with staples like foie gras, lobster bisque and creme brulee. And then there were the spring rolls. The Asian touch was a nod to the guests: teams from China National Chemical Corp. and Syngenta AG, gathered to fete the $43 billion merger they’d concluded hours before.

Commodities: The fall and beyond…

Commodities are at the vortex of the ongoing turmoil in the global financial markets. Stung by the strong dollar and worries over slowing Chinese appetite, commodity prices have plummeted and investors’ losses have piled up in the last few years. The world is now into its sixth year of a bear market in commodities. Will 2016 see the dust settle down?

 

 

 

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