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Arabica has longest run in decades as Robusta at 9-month high

  Bloomberg Robusta coffee climbed to the highest level in almost nine months as a drought in top grower Vietnam threatens next season’s crop. The gains helped extend the arabica variety’s longest winning streak in decades. Dry weather remains fairly widespread in Vietnam, the world’s largest producer of the robusta variety used to make instant coffee. That’s threatening the development ...

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Saudi, Dubai rise; Mobily up on waiver of loan breaches

  DUBAI / Reuters Saudi shares rose early on Tuesday, lifted by firmer oil prices and news that Saudi Arabia’s second-largest telecommunications operator Mobily had secured waivers from all its lenders on breaches of loan agreements. Real estate stocks lifted the Dubai index. Etihad Etisalat (Mobily) jumped 6.7 percent after it said lenders who had not already agreed in December ...

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Asian stocks advance as energy producers rally with crude oil and commodities

  Bloomberg Asian stocks climbed for a second day as a rally in oil prices drove energy shares from Japan to Taiwan higher. The MSCI Asia Pacific Index added 0.8 percent to 127.33 as of 4:26 p.m. in Hong Kong. The pickup in commodity prices is helping a recovery in global equities, after weaker economic data and disappointing company earnings ...

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