WASHINGTON (Reuters) - President Donald Trump’s former campaign chairman Paul Manafort will try to convince a federal judge on Wednesday to throw out criminal charges filed against him by Special Counsel Robert Mueller, arguing Mueller has overstepped his legal authority.Manafort filed a civil lawsuit on Jan. 3 against Mueller and Deputy Attorney General Rod Rosenstein, the Justice Departmen...Read More

(Reuters) - General Motors Co (GM.N) will stop production of its subcompact Chevrolet Sonic by as early as this year, the Wall Street Journal reported citing people familiar with the matter.GM is also considering discontinuing Chevrolet Impala in the next few years, while Ford Motor Co (F.N) will stop making the Fiesta small car for the U.S. market by as early as next year, the Journal reported on...Read More

BEIJING (Reuters) - Information technology products, from cellphones to personal computers, have largely escaped the latest salvo of U.S.-China trade measures despite accounting for a significant portion of bilateral trade.The office of the U.S. Trade Representative (USTR) on Tuesday raised the stakes in a growing trade showdown with China, targeting 25 percent tariffs on some 1,300 industrial tec...Read More

(Kitco News) - Gold prices are still holding moderate gains in late-morning dealingsWednesday. However, the yellow metal has backed down from its session high atthe same time the U.S. stock indexes have moved up from their daily lows. It appears today's price action in gold will be determined by the direction ofthe U.S. stock market. More downside pressure on the stock indexes would boostgold, w...Read More

Automakers face stiffer Chinese import taxesThe U.S. stock market is plummeting today, after Beijing retaliated against Washington's threats of new tariffs by unveiling a list of U.S. products that will face stiffer import taxes, though it's not been announced when these will go into effect. Included on the list are automakers, and in reaction, shares of Detroit darlings Ford Motor Company (NYSE:F...Read More

JOHANNESBURG, April 4 (Reuters) - The South African High Court ruled in favour of the once empowered, always empowered principle on Wednesday which entitles a company to keep its black empowerment status even if a black partner exits its stake in the mining firm.Uncertainty around the Mining Charter and ownership levels have deterred investment in a sector that accounts for 8 percent of the countr...Read More

JOHANNESBURG, April 4 (Reuters) - The South African High Court ruled in favour of the once empowered, always empowered principle on Wednesday which entitles a company to keep its black empowerment status even if a black partner exits its stake in the mining firm.Uncertainty around the Mining Charter and ownership levels have deterred investment in a sector that accounts for 8 percent of the countr...Read More

WASHINGTON (Reuters) - New orders for U.S.-made goods rebounded in February, boosted by strong demand for transportation equipment and a range of other products, pointing to a strengthening manufacturing sector.Factory goods orders increased 1.2 percent, nearly unwinding January’s revised 1.3 percent decline, the Commerce Department said on Tuesday.Economists polled by Reuters had forecast f...Read More

JOHANNESBURG, April 4 (Reuters) - The South African High Court ruled in favour of the once empowered, always empowered principle on Wednesday which entitles a company to keep its black empowerment status even if a black partner exits its stake in the mining firm.Uncertainty around the Mining Charter and ownership levels have deterred investment in a sector that accounts for 8 percent of the countr...Read More

By Susanne BartonThis year hasn't been kind to precious-metal stock pickers at the world's biggest asset manager, but their luck may be about to turn.The $1.3 billion BlackRock Gold and General Fund lost 15 percent last quarter, its worst performance since the third quarter of 2015. Among large materials-focused equity funds, it was the second-worst performer after another BlackRock gold fund domi...Read More

By Susanne BartonThis year hasn't been kind to precious-metal stock pickers at the world's biggest asset manager, but their luck may be about to turn.The $1.3 billion BlackRock Gold and General Fund lost 15 percent last quarter, its worst performance since the third quarter of 2015. Among large materials-focused equity funds, it was the second-worst performer after another BlackRock gold fund domi...Read More

MCX ZINC COMMODITY CALLSZinc Commodity – Zinc Carry Sell Hold call 402 given at price 214.25 Achieved 1st Target 213 Today. Total profit made 1.25 Points per lotTIPS ID 402 : ZINC HOLD Call - SELL Mcx Zinc April at CMP 214.25 with SL Above 216.10 for Target 213 - 211.50AFTER POST CONTENT Read More

WASHINGTON (Reuters) - The U.S. Federal Reserve does not need to raise its benchmark interest rate much further given how close it is to the neutral rate, St. Louis Fed President James Bullard said on Wednesday.“Current policy setting is closer to neutral than in previous years,” Bullard said in prepared remarks before a bankers association in Little Rock, Arkansas.“It is not nec...Read More

(Kitco News)- Although gold is off its sessionhighs, the market continues to hold on to modest gains following a drop insentiment within the service sector, according to the latest data from the Institutefor Supply Management.Wednesday, the ISM said its non-manufacturing index showed a readingof 58.8% for March, down from February's reading of 59.5%.Consensus forecasts were calling for a reading a...Read More

(Kitco News) - Although gold is off its session highs, the market continues to hold on to modest gains following a drop in sentiment within the service sector, according to the latest data from the Institute for Supply Management.Wednesday, the ISM said its non-manufacturing index showed a reading of 58.8% for March, down from February's reading of 59.5%. Consensus forecasts were calling for a rea...Read More

NEW YORK (Reuters) - The dollar fell against the yen and Swiss franc on Wednesday after China retaliated against the Trump administration’s plan to slap tariffs on Chinese goods, proposing a list of similar duties on a wide range of U.S. imports.In the midst of the U.S.-China trade tension, the dollar has weakened in four of the last five sessions against the yen, down nearly 6 percent so fa...Read More

JOHANNESBURG (Reuters) - South African police said on Wednesday that five people had been arrested in connection with a petrol bomb attack on a bus that killed six workers on their way to the Modikwa platinum mine earlier this week.The platinum belt has been a flashpoint of violence rooted in community grievances over jobs, revenue flows and conflict between rival unions that threatens production...Read More

Chris Eadie, finance director at Rose Petroleum PLC (LON:ROSE) discusses with Proactive's Andrew Scott the decision to expand their footprint in Utah's Paradox basin - acquiring a 75% working interest in an additional 3,320 gross acres.The package is being acquired via joint venture partner Rockies Standard Oil Company (RSOC) and, including the new acquisition, the partnership now addresses some 7...Read More

Pivotal Research said NTAP's dividend could be hiked by up to 100%While the rest of the stock market tanks on Chinese tariff concerns, NetApp Inc. (NASDAQ:NTAP) stock is up 0.6%to trade at $61.02, thanks to an upgrade to "buy" from "hold" at Pivotal Research. The analyst in coverage cited higher growth expectations for the data storage firm, and expects management to announce at least a $2.5 bill...Read More

NEW YORK (Reuters) - U.S. President Donald Trump’s recent tariffs and retaliation from other nations, in particular China, may reduce domestic economic growth by 0.1 to 0.2 percentage point over the next 12 months, Moody’s Analytics’ chief economist Mark Zandi said on Wednesday.“It will put a dent in that growth,” Zandi told reporters on a conference call. “The...Read More