BEIJING (Reuters) - China vowed on Friday to strike back quickly if the United States hurts its interests, hours before U.S. President Donald Trump was due to unveil revisions to a tariff list targeting $50 billion worth of Chinese goods.Washington and Beijing appeared increasingly to be headed toward a trade war after several rounds of negotiations failed to resolve U.S. complaints over Chinese i...Read More

Three-month base metals prices on the London Metal Exchange were for the most part lower on the morning of Friday June 15, led by a 0.6% fall in zinc prices to $3,161 per tonne.While nickel gained 0.3%, the rest are off between 0.1% and 0.2%. Copper prices were recently quoted at $7,153 per tonne.Volumes have been average with 5,356 lots traded as of 0707 London time. This follows a day of we...Read More

BEIJING/WASHINGTON (Reuters) - The United States has nearly completed a second list of tariffs on $100 billion in Chinese goods, as President Donald Trump prepares to enact an initial round of duties that is expected to trigger an in-kind response from Beijing, several sources said.The second wave of products has been cued up as Washington prepares to announce on Friday a list of about $50 billion...Read More

LONDON (Reuters) - The euro bounced on Friday after suffering its worst day in nearly two years when the European Central Bank signalled it would keep interest rates at record lows into the summer of 2019.By that time the U.S. Federal Reserve is expected to have raised rates at least five times, making the dollar much more attractive than the single currency.The euro slumped nearly 1.9 percent on...Read More

Some of the most active companies traded Friday on the Toronto Stock Exchange:Toronto Stock Exchange (16,314.42, down 14.54 points)Prometic Life Sciences Inc. (TSX:PLI). Biotechnology. Up two cents, or 3.28 per cent, to 63 cents on 30.3 million shares.Cenovus Energy Inc. (TSX:CVE). Oil and gas. Down 24 cents, or 1.94 per cent, to $12.14 on 12.9 million shares.Bombardier Inc. (TSX:BBD.B). Aeros...Read More

DAR ES SALAAM, June 15 (Reuters) - Tanzania aims to amend its tax bill to grant amnesty on interest and penalties for the next six months, hoping to improve compliance and ultimately boost revenues, Finance Minister Philip Mpango told parliament in his budget speech on Thursday.The change could have big implications for the East African nation’s largest gold miner, Acacia, which has been hit...Read More

TOKYO (Reuters) - The Bank of Japan downgraded its assessment on inflation and its governor stressed his resolve to keep the money spigot wide open, reinforcing views Japan will lag well behind its U.S. and European peers in dialing back crisis-mode policies.BOJ Governor Haruhiko Kuroda said structural changes in the economy, such as rising service-sector productivity, may be holding back inflatio...Read More

With the advent and popularity of Bitcoin and cryptocurrency, more and more people are raising fundamental questions: What is money? And what type of money (centralized, decentralized, or other) is most beneficial for the individual and society at large?Since 2009, there has been a +300% increase in the Google search term "what is money." Meanwhile, there has been an even bigger increase in the se...Read More

It's been dubbed the next big biotech breakthrough...A technology called CRISPR that could essentially end nearly every disease known to man... forever.I'm talking heart disease, cancer, diabetes - you name it.The interesting thing about CRISPR, however, is that it doesn't actually cure these diseases. It eliminates them entirely from our genetic code.This is truly next-generation stuff, and we'...Read More

BOSTON (Reuters) - The U.S. Commodity Futures Trading Commission on Thursday urged a federal judge to conclude that an obscure virtual currency called My Big Coin is a commodity subject to its oversight, saying it is no different than precious metals like gold.U.S. Judge Rya Zobel in Boston questioned a CFTC lawyer about the extent the regulator had jurisdiction to pursue a lawsuit against the ope...Read More

* LME/ShFE arb: (Adds official midday prices)By Maytaal AngelLONDON, June 15 (Reuters) - Copper hit a one-week low onFriday while the dollar retained its strength, leaving themarket set for its biggest weekly drop since April on concernsabout slowing growth in top metals buyer China and the impact ofU.S. trade tariffs. President Donald Trump on Friday announced that the UnitedStates will implement...Read More

Mornings are usually quiet around here.You know the kind of peacefulness I'm talking about. In the wee hours of the morning, when hardly a soul is around and it's just you and your thoughts.Granted, I say usually because mine was interrupted nearly right away. It was a gruff voice from across the room that cracked the silence: "Where's oil going to be a year from today, $40 or $100?"Now, my vetera...Read More

China's domestic spot battery-grade lithium carbonate prices fell further in thin buying this week but lithium hydroxide prices held steady.Asian seaborne battery-grade lithium carbonate prices also edged down, reflecting the continued fall in Chinese prices.A further fall in battery-grade lithium carbonate prices in China weighs on seaborne cif China, Japan and Korea market pricesDownstream consu...Read More

The other night, I spent some time talking with Jerry Bailey, a native Texan who was the head of Exxon's Arabian Gulf region for many years. We had dinner at the newly renovated Sagamore Pendry hotel in Baltimore.The renovators had done a great job of working with the old historic building, which you might remember as the police headquarters from the TV show Homicide. The prime rib was good, and t...Read More

(Reuters) - Wall Street stocks were down marginally on Friday after the United States announced hefty tariffs on Chinese imports and China vowed to respond in kind, stoking investor worries over an escalating tit-for-tat trade dispute.The S&P 500 was essentially flat and the Nasdaq and Dow were slightly lower after paring earlier losses. After a week of choppy trading, the Dow was on track to...Read More

WASHINGTON (Reuters) - U.S. President Donald Trump’s new trade tariffs will lop at most a couple of tenths of a percentage point off U.S. growth and add a similar amount to inflation, small fry for a $19 trillion economy that is experiencing its second longest economic expansion on record.On Friday, Trump imposed tariffs on $50 billion of imports from China, a move that came on top of hefty...Read More

(Reuters) - U.S. stocks fell on Friday after the United States announced tariffs on $50 billion worth of Chinese goods, prompting Beijing to warn of retaliation and reigniting fears of a trade war between the world’s two largest economies.Also weighing on the indexes were oil prices, which tumbled more than 3 percent ahead of an OPEC meeting next week where two of the world’s biggest p...Read More

Toronto, Ontario - June 15, 2018 (Newsfile Corp.) (Investorideas.com Newswire) McLaren Resources Inc. (CSE: MCL) (FSE: 3ML) ("McLaren" / the "Company") announces that it has recently completed a four-hole, 1,071 metre diamond drill program that was successful in intersecting gold mineralization on the TimGinn Gold Property which is situated adjacent to the Hollinger Mine operated by Goldcorp Inc....Read More

Vancouver, British Columbia - June 15, 2018 (Newsfile Corp.) (Investorideas.com Newswire) One World Lithium Inc. (CSE: OWLI) ("OWL" or the "Company") is pleased to announce that on June 14, 2018 the Company filed its audited annual financial statements and management's discussion and analysis ("MD&A") for the year ended December 31, 2017, along with its first fiscal quarter unaudited financial sta...Read More

MILAN/LONDON (Reuters) - European shares sank on Friday as a tariff dispute between the United States and China escalated, triggering a sharp selloff in trade-sensitive commodities stocks.Thursday’s European Central Bank meeting had led investors to push back expectations for an interest rate increase, spurring a rally across European stocks.But on Friday U.S. President Donald Trump announce...Read More