WASHINGTON (Reuters) - U.S. Treasury Secretary Steve Mnuchin defended the Trump administration’s decision to use legislation to strengthen investment controls, saying certain countries will receive heightened review under changes aimed at protecting U.S. technology.He told CNBC in an interview on Wednesday that the changes do not target China and he does not expect any significant economic e...Read More

WASHINGTON (Reuters) - The Trump administration will stick to a strengthened security review process to deal with threats from Chinese investments to acquire U.S. technologies instead of imposing China-specific restrictions, senior administration officials said on Wednesday.The Treasury Department has recommended that Trump use the Committee on Foreign Investment in the United States (CFIUS), enha...Read More

NEW YORK (Reuters) - The Democratic Party’s insurgent left wing and Republican U.S. President Donald Trump each claimed big victories on Tuesday, as voters in seven states selected the parties’ candidates for November’s midterm elections that will determine control of Congress.U.S. Representative Joseph Crowley, a high-ranking Democrat seen as a possible future leader of the cham...Read More

33 trillion cubic feet.That's how much natural gas drillers extracted in the United States last year... every day!And it all started 193 years ago along the Canadaway Creek in Fredonia, New York. That's when a gunsmith by the name of William Hart drilled a 27-foot hole into the ground and kick-started our country's natural gas industry. After striking out twice already, his third well hit pay dir...Read More

Eastmain Resources (TSX:ER, OTCQX:EANRF) is a junior gold exploration company, with three main projects in the region of James Bay, northern Quebec: the Eau Claire Project, located approximately 800 kilometres north of Montr?(C)al, the high-grade Eastmain Mine Project, located within the Upper Eastmain River Greenstone Belt of northern Qu?(C)bec, and the Eleonore South Joint Venture with Goldcorp...Read More

LONDON (Reuters) - The euro fell on Wednesday as concern about an escalating trade conflict boosted the dollar and the yen, while the Chinese yuan slumped to a six-month low.Worries that a full-blown trade war will break out between Beijing and Washington continued to weigh on currencies and sent Chinese stocks hurtling lower, despite data showing profits rose at China’s industrial companies...Read More

MANILA (Reuters) - Philippine miners are urging the government to lift a six-year ban on new large-scale mining projects in the world’s No. 2 nickel ore supplier after the state removed restrictions on fresh smaller ventures.The Department of Environment and Natural Resources said in a memorandum dated June 18, but not widely flagged, that a moratorium on government approvals for mining deve...Read More

WASHINGTON (Reuters) - The White House will likely soon announce U.S. President Donald Trump's pick of former Fox News executive Bill Shine to become the next White House communications director, a White House official on Wednesday.The job has been vacant since Hope Hicks, Trump's campaign confidante, left in February.Shine resigned in May 2017 as co-president of Fox News Channel in the wake of a...Read More

WASHINGTON (Reuters) - Supreme Court Justice Anthony Kennedy said on Wednesday he plans to retire after three decades as a pivotal vote on the highest U.S. judicial body, giving President Donald Trump an opportunity to make the court more firmly conservative.The conservative Kennedy, who turns 82 in July and is the second-oldest justice on the nine-member court, has become one of the most conseque...Read More

June 27, 2018 (Investorideas.com Newswire) The common shares of Syd Financial Inc. have been approved for listing on the CSE. Listing and disclosure documents will be available at www.thecse.com on the listing date.Trading will commence upon completion of the financing.The Company is engaged in the acquisition, exploration and development of the Pluto Property in Quebec, Canada, along with continu...Read More

June 27, 2018 (Investorideas.com Newswire) Bob Moriarty of 321 Gold discusses the theory that there is a relationship between the full moon and the price of gold.For several months I have been beating the drum saying that there would be a tradable low for the precious metals in the June/July timeframe. The way to be fairly certain would be using the Commitment of Traders report and Daily Sentiment...Read More

June 27, 2018 (Investorideas.com Newswire) Metallurgical optimization and investigation of financing options are progressing at a cobalt project in Idaho.Vancouver-based eCobalt Solutions Inc. (ECS:TSX; ECSIF:OTCQX; ECO:FSE) provided the status of the optimized feasibility study (OFS) and the financing for its 100%-owned Idaho cobalt project. As for the OFS, metallurgical optimization testing cont...Read More

Most European steelmakers have increased their hot-rolled coil prices by ?,?20 ($23) per tonne this week, sources told Metal Bulletin on Wednesday June 27.The rises are expected to be supported by the impact of the preliminary findings in a European Commission safeguarding case, along with a lack of competitive import offers, according to market sources.The EC opened an in...Read More

(Reuters) - U.S. money market fund assets increased by $25.42 billion to $2.788 trillion in the week ended June 26, the Money Fund Report said on Wednesday.Taxable money market fund assets increased by $26.07 billion to $2.652 trillion, while tax-free assets decreased by $648.90 million to $135.41 billion, according to the report, published by iMoneyNet.The iMoneyNet Money Fund Average 7-Day Simpl...Read More

The Italian authorities have postponed the takeover of steelmaker Ilva by ArcelorMittal until September 15, the minister of economic development, labour & social policies, Luigi Di Maio, said this week.Originally, ArcelorMittal expected to finalise the acquisition of Ilva by the end of the second quarter."I am evaluating every possible impact related to the decision I will have," Di Maio said.&nbs...Read More

NEW YORK (Reuters) - U.S. Treasury yields fell to four-week lows on Wednesday on concerns that trade wars will harm economic growth, even after U.S. President Donald Trump indicated that he would not impose restrictions on Chinese investments in U.S. technology firms.Trump said he will use a strengthened national security review panel process to deal with potential threats from Chinese acquisition...Read More

BRUSSELS (Reuters) - European Union leaders meet this week to deal with some of the most difficult issues they confront, with migration topping the list.German Chancellor Angela Merkel’s political survival may depend on Italy’s new anti-establishment government, whose interests clash with Germany’s on immigration.MIGRATIONMerkel’s coalition partner, Bavaria’s Christia...Read More

China's domestic hot-rolled coil prices widened on Wednesday June 27 after trading activity picked up in the latter half of the day in response to lower offers, a situation that traders went on to capitalize on.DomesticEastern China (Shanghai): 4,220-4,250 yuan ($642-647) per tonne, widening by 10 yuan per tonneNorthern China (Tianjin): 4,120-4,160 yuan per tonne, widening upward by 20 yuan per to...Read More

Prices for rebar produced and delivered in Southern Europe widened upwards by ?,?10 per tonne over the past week, sources told Metal Bulletin on Wednesday June 27.Metal Bulletin's weekly price assessment for domestic rebar in southern Europe was ?,?475-500 ($555-584) per tonne delivered on Wednesday, up from ?,?475-490 per tonne one week earlier. The assessment includes offers and deals heard...Read More

WASHINGTON (Reuters) - The U.S. House of Representatives, as expected, defeated a Republican “compromise” bill on Wednesday aimed at providing long-term protections to “Dreamers” brought to the United States illegally as children, and dealing with a crisis over immigrant children being separated from their families.The 301-121 vote cleared the way for the House to debate an...Read More