US Port Strike Ends Leaving Cargo Backlog

54 container ships queued outside ports, risking shortages Tentative deal includes 62 wage hike over six yearssources Strike cost U.S. economy 5 billionday, JP Morgan analysts say Shipping stocks tumble across Asia and Europe Oct 4 Reuters U.S. East Coast and Gulf Coast ports began reopening late on Thursday after dockworkers and port operators reached […]
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Gold Little Changed with US Jobs Report on Radar

Silver set for weekly gain Platinum gains 1 U.S. NFP due at 1230 GMT Festivities spark slight demand in India Oct 4 Reuters Gold prices were little changed on Friday as investors maintained caution ahead of a key U.S. jobs report that could influence the Federal Reserve39;s rate path. Spot gold was nearly steady at […]
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Shipping Stocks Slide after US Port Strike Ends

SEOUL, Oct 4 Reuters Shares in shipping companies fell heavily across Asia on Friday after workers and U.S. port operators agreed a deal to end a strike on the East and Gulf coast docks far sooner than expected. Evergreen Marine, Wan Hai Lines and Yang Ming Marine in Taiwan fell between 8.8 and 10 in their heaviest drops for […]
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London Stocks Open Higher on Energy Boost

FTSE 100 up 0.1 Oct 4 Reuters The continued rise in energy stocks lifted UK shares at the open on Friday, but not by enough to prevent a weekly decline that was sparked by an escalation in the Middle East conflict. The bluechip FTSE 100 was up 0.1 by 0720 GMT, while the midcap FTSE 250 moved […]
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Toronto Stocks Slip as Middle East Conflict Weighs

Reuters  Canada39;s main stock index fell on Thursday in a broader decline led by mining shares as escalating tensions in the Middle East weighed on the broader market. The Toronto Stock Exchange39;s SPTSX composite index was down 84.04 points, or 0.35, at 23,917.48. At least 10 sectors nursed losses on the index, led by the materials […]
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