Trading

China may have halted North Korean textile trade before UN- Nikkei Asian Review

SEOUL — China may have suspended textile trade with North Korea even before Monday’s adoption of a United Nations Security Council resolution banning such transactions, acting unilaterally to pressure the reclusive state into ending its nuclear provocations. The suspension has been in place since late August, according to a source contacted by The Nikkei. “Chinese customs stopped processing cargo from North Korea two weeks ago,” said ...

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EURUSD higher but hangs between MA levels

Below 100 hour MA. Above 200 hour MA. The EURUSD has been confined to a 30 pip trading range over the last 12 or so hours. The range for the day is not much better at 37 pips. The price is higher on the day. The pair closed at 1.1964 yesterday and we trade at 1.1976 currently.     Technically, the ...

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RPT-INSIGHT-Once fringe players, Swiss traders grab $10 billion slice of LNG market

(Repeats Tuesday item) * Traders mopping up LNG glut, finding new emerging market buyers * Some arranging new, cheaper floating import terminals * Swiss traders also securing gas supply deals * They see opportunities as long-term contracts expire * FACTBOX – Traders strike major LNG deals By Oleg Vukmanovic LONDON, Sept 12 (Reuters) – Swiss trading houses are muscling in ...

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Trading standards officer reveal another ingenious hiding spot for illegal cigarettes in shop

Gloucestershire County Council’s trading standards have continued their crackdown on illegal tobacco with a successful raid. Trading standards officers carried out a search on a shop in Eastgate Street, Gloucester following intelligence large quantities of illegal cigarettes and tobacco were being sold from the address. During the search, officers uncovered two under floor hiding places revealing £3,260 worth of illegal ...

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Goldman’s Trading Turnaround Plan Takes Back Seat to Loan Growth

Investors have been waiting for Goldman Sachs Group Inc.’s strategy to turn around its fixed-income trading operation. What overshadowed that Tuesday was a plan to expand in a business that until now has been mostly a sideline. Lending to wealthy clients and consumers through an online bank, as well as other loans, could bring in $2 billion of new revenue ...

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Gold: Gold, silver down in morning trade

Gold prices were trading in red in morning trade on Tuesday on account of weak trend overseas and subdued demand from local jewellers. MCX Gold was down 0.31 per cent, or Rs 94, at Rs 29,839 per 10 gram around 10.35 am (IST), whereas MCX Silver was down 0.33 per cent, or Rs 134, at Rs 41,030 per 1 kg. ...

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