West Texas Intermediate crude rebounded from a six-month low on rising
tension in Iraq and speculation that last week’s 4.1 percent drop was
excessive. Brent widened its premium to WTI. SEE MORE Vietnam’s manufacturing continued to expand in July at the slowest pace
in four months due to gas price hikes and better enforcement of truck
tonnage rules. SEE MORE Prime Minister Nguyen Tan Dung pledged to offer tax extensions and
simplify payment procedures on the heels of more bad news about business
closures and suspensions. SEE MORE There’s no sign of a let up in gold industry takeovers as a surge in
acquisitions by producers, led by Agnico Eagle Mines Ltd. (AEM) and
Yamana Gold Inc. (YRI), has pushed deals to a three-year high. SEE MORE Gold traded little changed above a six-week low in London as investors
assessed the health of the U.S. economy after last week’s jobs report. SEE MORE