Recent News

Tech Rout Sinks Stocks as Lines of Defense Crumble: Markets Wrap

April 01, 2018 / www.bloomberg.com

Amazon hammered by Trump tweets; Apple plans hit IntelS&P 500 closes below 200-day average for first time since 2016Sarah Ketterer, chief investment officer at Causeway Capital, discusses her thoughts on investing.The deepening rout in once high-flying technology shares sent U.S. stocks tumbling to start the second quarter, as fresh presidential criticism of Amazon.com and retaliatory tariffs from...Read More

MEDIA-U.S. Treasury plans talks on more debt transparency - FT

April 01, 2018 / www.kitco.com

-- Source link: -- Note: Reuters has not verified this story and does notvouch for its accuracy globalnewsmonitoring@thomsonreuters.com)(within U.S. +1 646 2238780)) 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 ensure accuracy of information provided; however, neither Kitco Metals Inc. nor...Read More

UPDATE 1-Asia Morning Call-Global Markets

April 01, 2018 / www.kitco.com

April 2 (Reuters) -Stock MarketsNet ChngStock MarketsNet Chng S&P/ASX 200** 5,759.4-30.10NZX 50**8,388.08 -69.01 DJIA**24,103.11254.69NIKKEI**21,454.3 295.22 Nasdaq**7,063.445114.219 FTSE**7,056.61 11.87 S&P 500** 2,60535.87 Hang Seng** 30,093.3870.85 SPI 200 Fut 5,74610.00 STI** 3,427.97 45.19 SSEC**3,169.0159 8.49KOSPI** 2,445.85 9.48 -----------------------------------------------------...Read More

RPT-UPDATE 1-U.S. dollar share of global currency reserves hits 4-year low - IMF

April 01, 2018 / www.kitco.com

(Repeats with no changes)* Euro share of global FX reserves biggest since late 2014* Yen share of reserves rebounds to largest in 15 years (Adds details, background)By Richard LeongMarch 30 (Reuters) - The U.S. dollar's share of currencyreserves reported to the International Monetary Fund declined inthe final quarter of 2017 to a four-year low, as othercurrencies' shares of reserves grew, data rel...Read More

Asia Morning Call-Global Markets

April 01, 2018 / www.kitco.com

April 2 (Reuters) -Stock MarketsNet ChngStock MarketsNet Chng S&P/ASX 200** 5,759.40 -30.10NZX 50**8,319.07 -69.01 DJIA24,103.11254.69NIKKEI**21,454.3 295.22 Nasdaq7,063.445114.219 FTSE**7,056.61 11.87 S&P 500 2,640.87 35.87 Hang Seng** 30,093.3870.85 SPI 200 Fut 5,746.00 10.00 STI** 3,427.97 45.19 SSEC**3,169.02 8.49KOSPI** 2,445.85 9.48 ---------------------------------------------------...Read More

MEDIA-Damac hires Barclays, HSBC for possible sukuk sale - Bloomberg

April 01, 2018 / www.kitco.com

-- Source link: -- Note: Reuters has not verified this story and does notvouch for its accuracy globalnewsmonitoring@thomsonreuters.com)(within U.S. +1 646 2238780)) 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 ensure accuracy of information provided; however, neither Kitco Metals Inc. nor...Read More

RPT-Wall St Weekahead-Eager for calming news, investors look to earnings

April 01, 2018 / www.kitco.com

(Repeats story first published Friday with no changes to text.)By Caroline ValetkevitchNEW YORK, March 29 (Reuters) - Nervous stock investors arehoping an unusually U.S. strong earnings season can restore someof the optimism that characterized equity markets last year.Imploding technology stocks and fears of a trade war havepummeled the market in recent days. Given the surge involatility this year...Read More

UPDATE 1-Saudis to list riyal government bonds on exchange next Sunday

April 01, 2018 / www.kitco.com

(Recasts with listing date of April 8)DUBAI, April 1 (Reuters) - Saudi Arabia authorities said onSunday they would list local currency government bonds on theSaudi Stock Exchange on April 8, part of efforts to spursecondary market trading of debt and strengthen state finances.The Capital Market Authority said over 204.4 billion riyals($54.5 billion) of riyal bonds with maturities of five, sevenand...Read More

Diamond miner in Nunavut digging for high-quality gems

April 01, 2018 / www.mining.com

In late March, Vancouver-based North Arrow Minerals (TSXV:NAR) reported additional diamond results from Q1-4 kimberlite Naujaat Diamond Project, located 9 kilometres north of Naujaat in Nunavut's Melville Peninsula."The samples were composited from drill core in the field based on observed lithological units and submitted for processing using a combined dense media separation / caustic fusion proc...Read More

Diamond miner in Nunavut digging for high-quality gems

April 01, 2018 / www.mining.com

In late March, Vancouver-based North Arrow Minerals (TSXV:NAR) reported additional diamond results from Q1-4 kimberlite Naujaat Diamond Project, located 9 kilometres north of Naujaat in Nunavut's Melville Peninsula."The samples were composited from drill core in the field based on observed lithological units and submitted for processing using a combined dense media separation / caustic fusion proc...Read More

MIDEAST STOCKS-Qatar boosted by rising ownership limits, Saudi edges down

April 01, 2018 / www.kitco.com

* Higher foreign ownership limits to lift Qatar stocks' EMweights* Second day of modest profit-taking in Saudi after FTSEdecision* Jabal Omar drops after swinging to big annual loss* Kingdom Holding rises after proposing unchanged dividend* Kuwait divides market into three segmentsBy Davide BarbusciaDUBAI, April 1 (Reuters) - Qatar's stock market climbed onSunday because of plans to raise foreign...Read More

Vedanta wins bid to buy bankrupt Electrosteel Steels

April 01, 2018 / www.mining.com

Vedanta Ltd (NSE:VEDL), the Indian unit of diversified mining group Vedanta Resources plc, said it had won in an auction to acquire bankrupt Electrosteel Steels Ltd.The transaction, financial details of which were not disclosed, is part of India's new bankruptcy law, which is aimed at cutting close to $150 billion of accumulated soured loans by pushing loan defaulter firms into insolvency.Electros...Read More

Artisanal gold miners in Nigeria seek government help

April 01, 2018 / www.mining.com

Artisanal gold miners in the Niger state of Nigeria are asking the Muhammadu Buhari government to help them operate under conditions that allow them to take better care of the environment and contribute to the local economy.In an interview with the News Agency of Nigeria, the Chairman of the Association of Gold Miners in the Chanchaga Local Government, Michael Abida, said that his group has asked...Read More

Artisanal gold miners in Nigeria seek government help

April 01, 2018 / www.mining.com

Artisanal gold miners in the Niger state of Nigeria are asking the Muhammadu Buhari government to help them operate under conditions that allow them to take better care of the environment and contribute to the local economy.In an interview with the News Agency of Nigeria, the Chairman of the Association of Gold Miners in the Chanchaga Local Government, Michael Abida, said that his group has asked...Read More

Saudi regulator approves exchange listing of domestic government bonds

April 01, 2018 / www.kitco.com

DUBAI, April 1 (Reuters) - Saudi Arabia's securitiesregulator said on Sunday it had approved the listing of localcurrency government bonds on the Saudi Stock Exchange, part ofefforts to spur secondary market trading of debt and strengthenstate finances.The Capital Market Authority said over 204.4 billion riyals($54.5 billion) of riyal bonds would be available to trade,including floating- and fixed...Read More

ADVISORY-Hong Kong financial markets closed on April 2 for Easter holiday

April 01, 2018 / www.kitco.com

HONG KONG, April 1 (Reuters) - Hong Kong's financial marketswill be closed on Monday, April 2, for the Easter holiday.Markets will resume trading on Tuesday, April 3.For the latest Hong Kong stock report, please click (Reporting by Donny Kwok) Messaging: donny.kwok.reuters.com@reuters.net)) Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco M...Read More

Coal generator that Trump tried to save files for bankruptcy

April 01, 2018 / www.mining.com

A power generator that pleaded for the Trump administration's help in bailing out struggling coal and nuclear plants has filed for bankruptcy.FirstEnergy Solutions Corp., its subsidiaries and FirstEnergy Nuclear Operating Co. listed $550 million in cash to continue operations and meet obligations to employees in a Chapter 11 filing in Federal Court in Akron, Ohio, according to a March 31 statement...Read More

Indonesia coal miner Bumi posts record profit, sees 10 pct output rise

April 01, 2018 / www.mining.com

Indonesian coal miner Bumi Resources estimates a 10 percent rise in production volumes this year from 84 million tonnes in 2017, its director said on Friday, after reporting a record profit last year.Bumi booked a net profit of $373.3 million in 2017, a 451 percent jump from the previous year, said Bumi director Dileep Srivastava.He cited favorable coal prices and sharp control over costs as reaso...Read More

TABLE-Bahrain's annual GDP growth slows in Q4

April 01, 2018 / www.kitco.com

April 1 (Reuters) - Bahrain's real gross domestic productgrew 3.4 percent year-on-year in the fourth quarter of 2017after an upwardly revised expansion of 4.1 percent in the thirdquarter, data from the Central Informatics Organisation showedon Sunday.BAHRAIN GDP (real)Q4/17 Q3/17 Q2/17 Q1/17 pct change year/year 3.4 4.1 4.0 4.1 pct change quarter/quarter-2.8 1.6 1.7 3.0 NOTE - The oil sector perce...Read More

Pure Gold Mining : Expands Scale of the Madsen Wedge Target

April 01, 2018 / dlvr.it

VANCOUVER, British Columbia, March22, 2018 -- Pure Gold Mining Inc. is pleased to report that surface drilling continues to expand gold mineralization within the newly discovered Wedge Target,... | mars 22,2018Read full newsRead More

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