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CORRECTED-UPDATE 1-MIT scientist gets 15 months prison for insider trading

March 30, 2018 / www.kitco.com

(Corrects paragraphs 12-13 to remove incorrect name ofdefendant's wife, who was not identified in court papers) By Jonathan Stempel and Brendan Pierson NEW YORK, March 30 (Reuters) - A research scientist atMassachusetts Institute of Technology was sentenced on Friday to15 months in prison after admitting to insider trading on amining company merger that his wife, a corporate lawyer, hadbeen workin...Read More

TABLE-Russia's 2017/18 grain export data and March forecast

March 30, 2018 / www.kitco.com

MOSCOW, March 30 (Reuters) - Russia's March exports of wheat, barley and maize (corn) are estimated at5.0 million tonnes, up from 4.05 million tonnes in February, the SovEcon agriculture consultancy toldReuters.It also provided the following data.TABLE-Russia's grain exports since the start of the 2017/18 marketing year on July 1 and SovEcon'sforecast for March (,000 tonnes): July 17Aug SeptOct N...Read More

CORRECTED-MIT scientist gets 15 months prison for insider trading

March 30, 2018 / www.kitco.com

(Corrects paragraphs 11-12 to remove incorrect name ofdefendant's wife, who was not identified in court papers) By Jonathan Stempel and Brendan Pierson NEW YORK, March 30 (Reuters) - A research scientist atMassachusetts Institute of Technology was sentenced on Friday to15 months in prison after admitting to insider trading on amining company merger that his wife, a corporate lawyer, hadbeen workin...Read More

Ecuador economy grew 3 pct in 2017, oil sector down: central bank

March 30, 2018 / www.kitco.com

March 30 (Reuters) - Ecuador's economy grew 3 percent in2017, showing a strong recovery from the previous year, helpedby household consumption, government spending and exports, thecountry's central bank said on Friday.However, oil sector production was down 2.8 percent, due toOPEC cuts. Ecuador produced 193.9 million barrels in the year,down 3.4 percent from the previous year.Ecuador has suffered...Read More

TABLE - Pakistan economic indicators

March 30, 2018 / www.kitco.com

KARACHI, Pakistan, March 30 (Reuters) - DAILY INDICATORS Friday PREVIOUS Floating Interbank Rate (Rs/$)115.42/115.50114.44/115.50 Rupee/US$ (kerb market) 115.80 116.00 Karachi 100-share Index 45,560.3045,489.62 Gold (Karachi) Rs/10 gm 50,442.4250,400.17CENTRAL BANK AUCTIONSTreasury bill auction results:Cut-off yield (pct) at auction onMarch 28March 14 Three-month bills6.25916.2591 Six-month bill...Read More

Reuters Insider - Breakingviews TV:Pay ratios

March 30, 2018 / www.kitco.com

Click the following link to watch video: Source: Reuters InsiderDescription: March 30- U.S. companies' first disclosures of CEO-to-employeepay ratios produce some surprises. Richard Beales and Tom Buerkle explain whyLloyd Blankfein's ratio is much lower than Jamie Dimon's (Goldman bankersearn a lot) and S&P Global's is so high (lots of staff in India).Short Link: Disclaimer: The views expresse...Read More

UPDATE 1-Japan's crude imports fall to lowest Feb level in 49 years

March 30, 2018 / www.kitco.com

* Crude imports fall to 2.99 mln bpd* Total product sales rise 1.7 pct (Adds details, table)TOKYO, March 30 (Reuters) - Japan's crude oil imports last month fell 15.4percent from a year earlier to 2.99 million barrels per day (13.33 millionkilolitres), the lowest for the month of February since 1969, monthly data fromthe Ministry of Economy, Trade and Industry (METI) showed on Friday.Total oil sal...Read More

UPDATE 1-China launches new share listing options to attract innovative firms

March 30, 2018 / www.kitco.com

(Adds context)BEIJING/SHANGHAI, March 30 (Reuters) - China announced apilot scheme on Friday to encourage tech, bio-tech and high-endmanufacturing firms to list their shares in Shanghai andShenzhen.The move paves the way for domestic listings ofoverseas-listed tech giants such as Alibaba, JD.com, TencentHoldings, Baidu, Weibo and Sogou. The scheme, proposed by China's securities regulator, isaimed...Read More

ICRA ratings for Indian debt instruments-Mar 30

March 30, 2018 / www.kitco.com

Mar 30 (Reuters) - Below are the ratings awarded by Investment Information Credit RatingAgency Ltd. (ICRA) for local debt instruments as of March 29, 2018.COMPANY INSTRUMENTRATINGAMOUNT MOVEMENT(RS.MLN)------------------------------------SHORT TERM RATINGS:-------------------Abm Telemobiles India Pvt Ltd Non-FBL ICRA A3270 -Adam & Coal Resources Pvt Ltd Non FB Limits ICRA A3+ 850 -Issuer not c...Read More

TABLE-Mauritius 91-day T-bill yield slips

March 30, 2018 / www.kitco.com

PORT LOUIS, March 30 (Reuters) - The weighted average yieldon Mauritius' 91-day Treasury bill fell to 3.63 percent atauction on Friday from 3.64 percent at the last sale on March23, the central bank said.The Bank of Mauritius offered a total of 1.2 billion rupees($35.84 million) for both the 91-day and the 182-day paper. Itsold 755.6 million of the 91-day instruments. Complete auction results were...Read More

Romania aims to sell domestic debt worth 3.82 bln lei in April

March 30, 2018 / www.kitco.com

BUCHAREST, March 30 (Reuters) - Romanian debt managers aimto sell leu currency bills and bonds worth 3.82 billion lei($1.01 billion) in April, including 420 million lei atnon-competitive rounds of auctions, the finance ministry said onFriday.In March, the ministry sold debt worth 3.75 billion lei,with upward pressure on yields as the central bank begantightening its benchmark interest rate at the...Read More

This "Obscure News" Just Made Pipelines A Buy...

March 30, 2018 / dailyreckoning.com

We’ve been dealing with a little bit of “drama” here at the Scheidt house lately.My 5-year-old, Caleb, has started testing his limits by throwing the occasional temper tantrum. The other day I heard him yelling at his mom because he didn’t want to brush his teeth.THAT was a big mistake.After sitting down and explaining to Caleb that this was not acceptable behavior, Caleb t...Read More

China launches new share issue options to attract innovative firms

March 30, 2018 / www.kitco.com

BEIJING, March 30 (Reuters) - China's State Councilannounced on Friday a pilot scheme to encourage technology,bio-tech and high-end manufacturing firms to issue shares inmainland centres Shanghai and Shenzhen, pitting them against theoffshore market of Hong Kong.The scheme would allow qualifying overseas-listed companieswith a market value of no less than 200 billion yuan ($32billion) to issue sha...Read More

TABLE-INDICATORS-Croatia - updated on March 30

March 30, 2018 / www.kitco.com

ZAGREB, March 30 (Reuters) - Croatian economic indicators,updated on March 30 with February money supply, currencyreserves and industrial output as well as 2017 Q4 currentaccount data. GROSS DOMESTIC PRODUCT (GDP) Q4 '17Q3 Q4 2016Growth rates yr/yr (pct) 2.03.33.5-Household consumption 3.43.73.7-Government2.62.32.2-Gross fixed capital formation 1.73.45.0-Exports of goods/services 3.65.76.5-Imports...Read More

Indian banks' loans rose 11.1 pct y/y in two weeks to March 16 - central bank

March 30, 2018 / www.kitco.com

March 30 (Reuters) - Indian banks' loans rose 11.1 percent in the two weeks to March 16 from a year earlier, while deposits rose 6.4 percent, the Reserve Bank of India's weekly statistical supplement showed on Friday.Outstanding loans rose 309.50 billion rupees ($4.75 billion) to 83.77 trillion rupees in the two weeks to March 16. Non-food credit rose 344.20 billion rupees to 83.35 trillion rupees...Read More

TABLE-Bosnia's 2017 foreign investment up 57 pct y/y

March 30, 2018 / www.kitco.com

SARAJEVO, March 30 (Reuters) - Following is a summary ofBosnia's economic indicators, updated on Friday with foreigninvestment in the fourth quarter of 2017 and February currencyreserves, published by the central bank. FOREIGNQ1-Q4 2016 INVESTMENT 2017TOTAL mln BAM758.4 482.2 NOTE: Countrywide data, including re-invested earnings, released by the central bank. CURRENCY RESERVES (net)FEB 18JAN 18F...Read More

Slovenia ends 2017 with first surplus in over 20 years

March 30, 2018 / www.kitco.com

* 2017 surplus is 13 mln euros* 2017 public debt is 73.6 pct of GDP* 2018 debt seen below 70 pct of GDPBy Marja NovakLJUBLJANA, March 30 (Reuters) - Slovenia ended 2017 with asmall budget surplus for the first time in 24 years, thestatistics office said on Friday.The export-oriented country, which narrowly avoided aninternational bailout for its banks in 2013, returned to growthjust one year later...Read More

Serbia's trade deficit widens to 748.9 million euros in Jan-Feb

March 30, 2018 / www.kitco.com

BELGRADE, March 30 (Reuters) - Serbia's foreign tradedeficit rose to 748.9 million euros($923.02 million) in thefirst two months of 2018, up 27.7 percent compared to the sameperiod a year ago, the state statistics office said on Friday. Jan-Feb Jan Jan-Feb '17Imports 3.116,41,479.72,667.6 Exports 2.367,5940.12,081.1Balance-748,9 -336.4 -586.4 (Figures in millions of euros)($1 = 0.8114 euros) (Repo...Read More

Serbia's industrial output up 3.3 pct in February

March 30, 2018 / www.kitco.com

BELGRADE, March 30 (Reuters) - Serbia's industrial outputrose 3.3 percent year-on-year in February, the Statistics Officesaid on Friday. FebJan Feb '17Year-on-year 3.3 10.6-1.7Seasonally adjusted1.75.9 0.7(Reporting by Aleksandar Vasovic) Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ens...Read More

TABLE-Details of Poland's debt supply for April and Q2

March 30, 2018 / www.kitco.com

WARSAW, March 30 (Reuters) - Poland's finance ministry plansto offer treasury bonds worth 15 billion zlotys ($4.39 billion)to 25 billion zlotys at three to five regular bond auctions inthe second quarter, the ministry said on Friday.The ministry said it plans to conduct one to three switchauctions in the second quarter, at which it would buy backpapers due this and possibly next year.Auctions of t...Read More

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