EMERGING MARKETS-Latam currencies rise as Fed seen tightening slowly SAO PAULO, Nov 24- Latin American currencies rose on Tuesday after U.S. economic growth data supported bets that the Federal Reserve will take a gradual approach to raising interest rates after an initial hike next month. A couple of hiccups and that's it, "said Pedro Tuesta, an economist with research firm 4 Cast. The Colombian peso rose 0.9 percent, boosted by a...
CORRECTED-COLUMN-Is the curtain coming down on U.S. aluminum smelting? -Andy Home The latest round of closures, led by Alcoa, is happening just as the metal's usage in the United States is set to experience another quantum leap forward. That's why Alcoa's announcement this month that it is shuttering three out of four of its remaining smelters in the United States has generated so little lift to the aluminum price. Alcoa's announcement that it...
| By: Andy Home
COLUMN-Is the curtain coming down on U.S. aluminium smelting? -Andy Home The latest round of closures, led by Alcoa, is happening just as the metal's usage in the United States is set to experience another quantum leap forward. That's why Alcoa's announcement this month that it is shuttering three out of four of its remaining smelters in the United States has generated so little lift to the aluminium price. Alcoa's announcement that...
| By: Andy Home
Start-up leaders embracing lobbying It is difficult to say whether all the early lobbying is delivering results for start-up companies, the New York Times reports.
Source: The New York Times
| By: Cecilia Kang
Low rates have the risk-averse hunting for income For risk-averse investors relying on income from their portfolios, it's been a yield drought. Here's a look at three options for boosting returns.
| By: Andrew Osterland, special to CNBC.com
SE Asia creates Economic Community, but challenges remain KUALA LUMPUR, Malaysia— President Barack Obama promised Saturday that Islamic extremists would find no safe haven anywhere, while the leader of Muslim-majority Malaysia branded the Islamic State group as a "new evil" that has blasphemed the religion, and urged world leaders to confront it forcefully. Obama and Malaysian Prime Minister Najib Razak were...
Source: The Associated Press
| By: By VIJAY JOSHI and EILEEN NG, Associated Press
Australia PM seeks standard foreign investment laws amid outcry over Chinese deal SYDNEY, Nov 20- Australia must standardize its foreign investment laws, Prime Minister Malcolm Turnbull said on Friday, as his government faces criticism from opposition politicians about asset sales to Chinese investors. That deal was blocked as opposition politicians raised security concerns about last month's A $506 million deal by the government of...
| By: Byron Kaye
First comes haze, then comes ... baby? The pollution from Indonesia's forest fires is fading, but months of being cooped up inside might give Singaporeans something that outlives the haze.
| By: Leslie Shaffer