SINGAPORE, Feb 12 (Reuters) - Shares in Singapore Exchange Ltd (SGX) fell 8 percent following an unexpected move by India's three main stock exchanges to stop licensing products and data to foreign exchanges to prevent trading from migrating overseas.In early Monday trade, SGX shares tumbled to the lowest since January 2017. The exchange said on Sunday that it will develop and launch new India-acc...Read More
* PREVIOUS TRADING SESSION MOVES:* SSEC -4.1 pct, CSI300 -4.3 pct, HSI -3.1 pct* CNY official close 6.2969 per dollar, 5.1 pct firmer vs US$ last 90 days* FTSE China A50 -4.4 pct, BNY Mellon ADR China Select Index +1.0 pct SHANGHAI, Feb 12 (Reuters) - Following is a list of recent corporate and policy announcements, as well as other news that might affect Chinese financial markets.Policy, governm...Read More
Eighteen people have been killed in Venezuela at an illegal gold mine following clashes with security forces.On Sunday Associated Press reported that there was a confrontation in Bolivar state between an armed gang that was threatening wildcat miners. The army then travelled to the Cicapra mine to try and control the area. No soldiers were among the dead.AP stated:It was the most violent incident...Read More
Feb 12 (Reuters) - For other diaries, please see:Top Economic Events Polling Unit Diary Today in Washington Political and General News DATECOUNTRY AUCTION DETAILS12-FebNorwayAuction of Treasury bills12-FebItaly Bills auction13-FebItaly Medium-long term auction13-FebSpain Auction of 6- and 12-month Treasury bills14-FebGermany Auction of 30-year Federal bonds14-FebJapan Auction of 5-year government...Read More
Feb 12 (Reuters) - For other diaries, please see:Top Economic Events Government Debt Auctions Political and General News Events Index of All Diaries Guide to Economic Indicators -----------------------------------------------------------This Diary is filed daily. ** Indicates new events -----------------------------------------------------------MONDAY, FEBRUARY 12SYDNEY - Speech by Luci Ellis, RBA...Read More
DUBLIN, Feb 12 (Reuters) - Irish consumer sentiment surged to a 17-year high in January, suggesting consumers are starting to feel the benefits of an improving economy, a survey showed on Monday.Ireland's economy has posted the fastest growth in Europe since 2014 and unemployment has fallen rapidly, but the recovery has been uneven for some consumers with only modest gains in purchasing power.The...Read More
Feb 12 (Reuters) -For other diaries, please see:U.S. Federal Reserve Polling Unit Diary Today in Washington Political and General News ----------------------------------------------------------- This Diary is filed daily. Indicates new events -----------------------------------------------------------SATURDAY, FEBRUARY 10** NEW DELHI - Indian Finance Minister Arun Jaitley will address the Central...Read More
David ShepardsonWASHINGTON (Reuters) - U.S. President Donald Trump will roll out an infrastructure plan on Monday that already faces significant hurdles in Congress because it does not offer as much new federal funding as Democrats want or directly address how to pay for the effort.The plan to use $200 billion in federal funds to try to stimulate $1.5 trillion in infrastructure improvements over 1...Read More
GUASIPATI, Venezuela (Reuters) - Soldiers clashed with illegal miners in southern Venezuela on the weekend, killing 18 people in a region notorious for violence and gang rivalries, a lawmaker and local media said.Bolivar state Governor Justo Noguera said a military unit had fought off an attack, but gave no more details. “An investigation is under way,” he told reporters.Local newspape...Read More
Feb 12 (Reuters) - Australian shares are expected to edge lower on Monday, on the back of weak oil and metal prices.Oil prices slid more than 3 percent on Friday on renewed concerns about rising crude supplies while three-month copper on the LME ended Friday down 1.3 percent, and aluminium at its lowest in seven weeks.The local share price index futures fell 0.5 percent, or 28 points, to 5,724, a...Read More
(Adds earnings date, background)Feb 12 (Reuters) - New Zealands's Fletcher Building Ltd said on Monday it had started discussions with lenders regarding an expected breach of covenants in its financing arrangements, stemming from further losses expected in its building and interiors business.The company also extended its trading halt on its shares until Feb. 14, saying that a review of key projec...Read More
ZURICH (Reuters) - The European Central Bank is concerned that the United States is exerting “political influence” on exchange rates and will make this a theme at upcoming G20 meetings, ECB policymaker Ewald Nowotny said in an interview on Sunday.“We in the ECB are certainly concerned about attempts by the United States to politically influence the exchange rate,” Nowotny t...Read More
RIYADH, Feb 11 (Reuters) - Yemen's President Abd Rabbuh Mansur Hadi appointed former finance minister Mohammed Zammam as head of the central bank, the state-run Saba news agency reported on Sunday.Yemen has been divided by nearly three years of civil war between the internationally recognised government, backed by Riyadh, based in the south, and the Iran-aligned Houthi movement which controls the...Read More
DUBAI (Reuters) - Sharp swings in global financial markets in the past few days are not worrying since economic growth is strong but reforms are still needed to avert future crises, the managing director of the International Monetary Fund said on Sunday.Christine Lagarde, speaking at a conference on global business and social trends in Dubai, said economies were also supported by plenty of financi...Read More
LONDON (Reuters) - The Bank of England is likely to need to raise interest rates again to tackle inflation but will not do so aggressively, the central bank’s chief economist said in a newspaper article published on Sunday.Andy Haldane, on a visit to northeast England, referred to the BoE’s statement after its policy meeting on Thursday that interest rates were likely to need to rise s...Read More
Feb 12 (Reuters) - Stock MarketsNet ChngStock MarketsNet ChngS&P/ASX 200** 5,838.00 -52.70NZX 50**8,092.37 -84.770DJIA24,190.9 330.44NIKKEI**21,382.62-508.24Nasdaq6,874.49197.33 FTSE**7,092.43 -78.26S&P 500 2,619.55 38.55 Hang Seng** 29,507.42-943.85SPI 200 Fut 5,724.00 -28.00STI** 3,377.24 -38.66SSEC**3,129.85080-132.19960KOSPI** 2,363.77 -43.85--------------------------------------------...Read More
Feb 11 (Reuters) - Thousands of websites, including ones run by U.S. and UK government agencies, were infected for several hours on Sunday with code that causes web browsers to secretly mine digital currencies, technology news site The Register reported.More than 4,200 sites were infected with a malicious version of a widely used tool known as Browsealoud from British software maker Texthelp, whic...Read More
DUBAI, Feb 11 (Reuters) - The regulator of Abu Dhabi's international financial centre said it could create rules for exchanges handling virtual currencies, in a sign that authorities in the United Arab Emirates may allow trade in cryptocurrencies such as bitcoin to develop.The Financial Services Regulatory Authority (FSRA) is considering whether to establish a framework for virtual currency exchan...Read More
NEW YORK, Feb 11 (Reuters) - Stock investors on Monday will be seeking to divine if the deepest weekly slide since January 2016 will continue or if the market will turn the corner after one of the most volatile five days in years. Equal parts science, art and luck may be needed to pick a bottom in the S&P 500. While it ended last week on an up note, the index was caught in its first correction...Read More
(Updates with Friday prices)By Chuck MikolajczakNEW YORK, Feb 9 (Reuters) - The inflation bogeyman has reared its ugly head and sent U.S. stock investors racing for the hills in recent days.Next week, coming off one of the most volatile stretches in years, two important readings on U.S. inflation could help determine whether the stock market begins to settle or if another bout of volatility is in...Read More