LONDON, Jan 20 (Reuters) - European basic resources and energy share indexes slumped to their lowest levels in more than 12 years on Wednesday, with a sharp decline in oil and metals prices scaring investors away from commodities stocks.
At the very least, the announcement was seen as a shot across the bow of coal production in the US.
BANGKOK, Jan 20 (Reuters) - Southeast Asian stock markets fell in line with global equities on Wednesday, with Singapore posting its worst drop in nearly five months and the Philippines sliding to a near two-year closing low, as energy shares faced pressure due to a relentless slide in oil prices. Singapore's key Straits Times Index ended down 3 percent, its biggest single-day percentage decline since Aug. 24.
LONDON, Jan 20 (Reuters) - European basic resources and energy share indexes slumped to their lowest levels in more than 12 years on Wednesday, with a sharp decline in oil and metals prices scaring investors away from commodities stocks.
JAKARTA, Jan 20 (Reuters) - Indonesia will reach a decision on whether to accept Freeport McMoRan Inc's $1.7 billion divestment price for its unit in the country by the end of the first quarter, a mines ministry official said on Wednesday.
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