| Asian commodities house Noble Group has been under siege since critics began assailing its accounting in February. Now, the woes of trading peer Glencore are adding to the sense of peril regarding Noble.
The 29% plunge Monday in miner-cum-trader Glencore’s London shares triggered a 10% drop in Noble’s Singapore-listed stock Tuesday. Noble’s 2020 bonds at one point Tuesday also fell by 20 cents on the dollar to around 60 cents, according to traders...............................................Full Article: Source
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