Sruthi Shankar(Reuters) - A selloff in technology majors deepened on Monday, wiping out the tech-heavy Nasdaq index’s gains for the year and pushing the benchmark S&P 500 below a closely watched technical level for the first time in nearly two months.All the 11 major S&P sectors fell, with markets also coming under pressure from renewed fears of a global trade war after China imposed...Read More
WASHINGTON (Reuters) - U.S. bank regulators on Monday agreed to relax commercial real estate lending rules and allow more deals to go ahead without an independent appraisal of the property’s value.Under the new rules, commercial real estate worth more than $500,000 must have an independent third-party check on the property value before a bank can lend against it.The threshold had been $250,0...Read More
WASHINGTON (Reuters) - President Donald Trump declared as “dead” on Monday a program that protects immigrants brought to the United States illegally as children and pressed Congress to “immediately” pass legislation to secure the U.S. border with Mexico.Trump, who has taken a hard line on legal and illegal immigration as president, said in September he was terminating the D...Read More
Alphabet stock is down more than 16% from its all-time highFacebook (FB) has continued to get pummeled following its data scandal, while President Trump has kept the pressure on Amazon.com (AMZN). All the while FAANG peer Alphabet Inc (NASDAQ:GOOGL) has been feeling the effects for no fault of its own. Since hitting an all-time high of $1,198 back on Jan. 29, the shares have shed 16.4% and are now...Read More
(Kitco News)- Growing fears of an intensifying trade war and weakeconomic data continue to pressure risk assets, pushing gold and silver prices higher. Looking ahead, in an email statement to Kitco News,Lukman Otunuga, research analyst at FXTM, said that he sees a potential forgold to continue to trend higher in the near-term, with $1,340 an ounce,representing a critical barrier for the yellow met...Read More
Story by Nick RoutleySailors have been circumnavigating the high seas for centuries now, but what could be found beneath the sunlit surface of the ocean remained a mystery until far more recently. In fact, it wasn't until 1875, during the Challenger expedition, that humanity got it's first concete idea of how deep the ocean actually was.Today's graphic, another fantastic piece by xkcd, is a uni...Read More
WASHINGTON (Reuters) - The Trump administration this week will unveil a list of advanced technology Chinese imports targeted for U.S. tariffs to punish Beijing over technology transfer policies, a move expected to intensify trade tensions between the world’s two largest economies.U.S. tariffs on $50 billion to $60 billion worth of annual imports is expected to be levied on products benefitin...Read More
WASHINGTON (Reuters) - The Trump administration this week will unveil a list of advanced technology Chinese imports targeted for U.S. tariffs to punish Beijing over technology transfer policies, a move expected to intensify trade tensions between the world’s two largest economies.U.S. tariffs on $50 billion to $60 billion worth of annual imports is expected to be levied on products benefitin...Read More
CAIRO (Reuters) - U.S. President Donald Trump expressed his “sincere congratulations” to Egypt’s President Abdel Fattah al-Sisi on his re-election victory in a call on Monday, Egypt’s state news agency MENA reported.Trump said in the call that the United States was keen on strengthening strategic relations and continuing to coordinate on key issues, MENA reported.Egypt anno...Read More
Share on FacebookShare on TwitterShare on Google+Share on Linkedin STANDARD LITHIUM PROVIDES PILOT PLANT AND PROCESS TESTING UPDATE March 26th, 2018 - Vancouver, BC - Standard Lithium Ltd. ("Standard Lithium" or the "Company") (TSXV: SLL) (OTCQX: STLHF) (FRA: S5L) is pleased to provide an update of the extensive process testing work and pilot plantRead full newsRead More
An aging football stadium in Michigan... A decrepit paper mill in Minnesota... A sun-bleached patch of desert in California...Read full newsRead More
This morning shareholders of Tesla are hardly laughing, with Tesla stock tumbling as much as 5%, down to $254, the lowest level in a year.Read full newsRead More
It's social media's fault.Read full newsRead More
WASHINGTON (Reuters) - The White House on Monday accused China of distorting global markets and said the country should not target “fairly traded U.S. exports” after Beijing increased tariffs on 128 U.S. products in response to U.S. duties on imports of aluminum and steel.“China’s subsidization and continued overcapacity is the root cause of the steel crises,” White H...Read More
TOKYO, April 2 (Reuters) - Mitsubishi Materials Corp, Japan's third-biggest copper smelter, said on Monday it plans to produce 187,374 tonnes of refined copper during April-September, up 7 percent from the same period last year.The company expects output at its Naoshima smelter and refinery in western Japan to rise 11 percent, while production at its Onahama plant, north of Tokyo, will increase by...Read More
TOKYO, April 2 (Reuters) - Mitsubishi Materials Corp, Japan's third-biggest copper smelter, said on Monday it plans to produce 187,374 tonnes of refined copper during April-September, up 7 percent from the same period last year.The company expects output at its Naoshima smelter and refinery in western Japan to rise 11 percent, while production at its Onahama plant, north of Tokyo, will increase by...Read More
(Reuters) - Shares in U.S. technology majors sank again on Monday, wiping out the tech-heavy Nasdaq index’s gains for the year and sending the benchmark S&P 500 below a closely watched technical level for the first time in nearly two months.All the 11 major S&P sectors were lower, with stocks also coming under pressure over renewed fears of a trade war after China imposed additional...Read More
NEW YORK (Reuters) - U.S. stocks tumbled on Monday, weighed down by Amazon.com after U.S. President Donald Trump again attacked the online retailer, while the dollar slid as China raised tariffs on U.S. products in an escalating spat between the world’s two biggest economies.China bumped tariffs by up to 25 percent on 128 U.S. products, from frozen pork and wine to certain fruits and nuts, i...Read More
• Renewed trade war fears prompt USD selling and helps regain traction. • Risk-off mood provides an additional boost to the safe-haven appeal. • Traders now eye US ISM PMI for some short-term opportunities. Gold continued gaining some positive traction through the mid-European session and refreshed session tops in the past hour....Read More
Investors are also considering today's manufacturing dataU.S stocks are extending their losses at midday, with the Dow Jones Industrial Average (DJI) down nearly 500 points at last check. A Trump-induced Amazon (AMZN) sell-off is rocking the tech sector once again, and an extended slide to fresh lows from Tesla (TSLA) is grabbing headlines, as well. Lingering fears of a trade war are only adding t...Read More