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Basic Materials

Asia Gold-Price dip lures some Indian buyers as festival approaches

BENGALURU/MUMBAI, Oct 18 Gold discounts in India narrowed to a four-month low this week as some consumers took advantage of a modest dip in domestic prices to buy bullion ahead of a festival next week, while other Asian hubs saw limited activity.

2:00pm BST

White House's Navarro points to November for U.S-China phase one deal

WASHINGTON, Oct 18 White House trade adviser Peter Navarro on Friday pointed to next month's Asia-Pacific Economic Cooperation (APEC) forum in Chile as the Trump administration seeks to formalize its "phase one" trade pact with China.

1:21pm BST

FOCUS-How a small aluminum maker won U.S. trade protection

HAWESVILLE, Ky., Oct 18 When Donald Trump won the White House, the sprawling aluminum smelter that hugs the Ohio River here was operating at less than half its capacity, and most of its skeleton crew of 270 remaining workers were fearful about their future.

11:00am BST

Green groups flag threat to Indonesia forests recovered from palm planters

KUALA LUMPUR, Oct 18 (Thomson Reuters Foundation) - Swathes of rainforest Indonesia plans to recover from oil palm planters must not instead be handed to the mining and timber sectors nor used for infrastructure, green groups said.

10:07am BST

Tech sector leads Nikkei to 10-month high, profit-taking hits Topix

TOKYO, Oct 18 Japan's Nikkei hit a 10-month high on Friday after high-tech companies jumped on upbeat earnings from Taiwan's TSMC while the broader market ended lower, succumbing to profit-taking after weaker-than-expected Chinese GDP data.

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