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Asia Morning Call-Global Markets

January 21, 2018 / www.kitco.com

Jan 22 (Reuters) - Stock MarketsNet ChngStock MarketsNet ChngS&P/ASX 200** 6,005.80 -8.80 NZX 50**8,289.96 17.29DJIA26,071.7253.91 NIKKEI**23,808.0644.69Nasdaq7,336.38 40.33 FTSE**7,730.79 29.83S&P 500 2,810.312.27 Hang Seng** 32,254.89132.95SPI 200 Fut 5,980.030.0STI** 3,550.36 29.05SSEC**3,489.11 14.35 KOSPI** 2,520.26 4.45-----------------------------------------------------------------...Read More

U.S. House would accept bill funding government to Feb. 8 -Ryan

January 21, 2018 / www.kitco.com

WASHINGTON, Jan 21 (Reuters) - U.S. House Speaker Paul Ryan said on Sunday that the House of Representatives would accept a bill funding the government through Feb. 8 and ending the current shutdown of federal agencies if the Senate can pass the measure.“We’ve agreed that we would accept that in the House,” Ryan said on CBS’s Face the Nation. “So we will see sometime...Read More

Tahoe denies reports of water contamination

January 21, 2018 / www.mining.com

Tahoe Resources (TSX, NYSE:THO) is denying a media report issued on Thursday that its Shahuindo mine in Peru has contaminated local water supplies.The story (in Spanish) by Cajabamba Peru, stated that heavy rains caused a leaching pit to overflow and flooded a nearby village."The heavy rains that have occurred that in the early hours of today, one of the waste pits of this company overflowed and...Read More

Tahoe denies reports of water contamination

January 21, 2018 / www.mining.com

Tahoe Resources (TSX, NYSE:THO) is denying a media report issued on Thursday that its Shahuindo mine in Peru has contaminated local water supplies.The story (in Spanish) by Cajabamba Peru, stated that heavy rains caused a leaching pit to overflow and flooded a nearby village."The heavy rains that have occurred that in the early hours of today, one of the waste pits of this company overflowed and...Read More

Average yields dip on Egypt's 3- and 9-month T-bills

January 21, 2018 / www.kitco.com

CAIRO, Jan 21 (Reuters) - Average yields on Egypt's three- and nine-month treasury bills dipped slightly at an auction on Sunday, central bank data showed.Yields on the 91-day bills dipped to 18.362 percent from 18.394 at the last sale, while yields on the 273-day bills also eased, to 17.563 percent from 17.659 percent. (Reporting by Arwa Gaballa, Editing by William Maclean) Disclaimer: The views...Read More

Bank of Israel: Computer driven trading is boosting shekel

January 21, 2018 / www.kitco.com

* Shekel up nearly 13 pct vs dollar since start of 2017* Central bank: Will intervene to fight shekel strength* Foreign players boosting currency trade by 40 pct* Bank of Israel monitoring foreign currency conversion deals By Steven ScheerJERUSALEM, Jan 21 (Reuters) - The Bank of Israel on Sunday said currency trading driven by computer models has jumped and is helping to keep the shekel overvalu...Read More

Small caps movers: Deltex Medical booms as it bags new customer in the States

January 21, 2018 / www.proactiveinvestors.co.uk

Budget cuts within the NHS have crippled Deltex Medical in recent years, leading the blood-flow-monitoring technology firm to try and seek its fortune elsewhere.One territory where it has shifted its focus towards is the US and this week it secured a "major" new hospital across the pond as a customer - news which sent the shares soaring.The hospital - supposedly among the top ten in the States - w...Read More

UPDATE 1-Chinese sportswear retailer Pou Sheng Int'l receives $1.4 bln privatisation offer

January 21, 2018 / www.kitco.com

(Adds details, background)By Kane WuHONG KONG, Jan 21 (Reuters) - Chinese sportswear retailer Pou Sheng International (Holdings) Ltd has received a proposal from Pou Chen Corp to be taken private that values it at around $11 billion ($1.4 billion), it said in a stock exchange filing on Sunday.Pou Chen Corp has offered Pou Sheng International a cancellation price of HK$2.03 per share, which repres...Read More

UPDATE 1-Tel Aviv Stock Exchange shareholders to sell stakes before IPO

January 21, 2018 / www.kitco.com

(Adds details from stock exchange statement)JERUSALEM, Jan 21 (Reuters) - Shareholders in the Tel Aviv Stock Exchange have agreed to sell back a total stake of 71.7 percent ahead of the bourse's planned initial public offering.The exchange had offered to buy out its shareholders, comprised of commercial and investment banks, before it lists on its own market next year, valuing the total shares at...Read More

UPDATE 1-Egypt targets 8-10 flotations of state firms over 18 months -finance minister

January 21, 2018 / www.kitco.com

(Adds details, background)By Ehab FaroukCAIRO, Jan 21 (Reuters) - Egypt is looking to offer shares in eight to 10 state companies on the stock exchange over the next 18 months, Finance Minister Amr El-Garhy told Reuters on Sunday, as part of a drive to attract foreign investors.The flotations will be the first batch in a programme to float stakes in dozens of state-owned companies over the next t...Read More

Egypt targeting 8-10 flotations of state firms over 18 months -finance minister

January 21, 2018 / www.kitco.com

CAIRO, Jan 21 (Reuters) - Egypt is looking to offer shares in eight to 10 state companies on the stock exchange over the next 18 months, Finance Minister Amr El-Garhy told Reuters on Sunday, as part of a drive to attract foreign investors.The government is launching an IPO programme that will offer shares in dozens of state-owned companies over the next three to five years in areas including oil,...Read More

MIDEAST STOCKS-Gulf bourses mostly edge down in early trade

January 21, 2018 / www.kitco.com

DUBAI, Jan 21 (Reuters) - Gulf stock markets mostly edged down on Sunday with Saudi Arabia pulling further away from a major resistance level, although a surge by fuel distributor ADNOC Distribution buoyed Abu Dhabi.The Saudi index slipped 0.3 percent to 7,518 points in the first hour, pulling away from the July peak of 7,586 points.Dairy company Almarai dropped 1.9 percent after reporting fourth-...Read More

Europe readies riposte to Trump's "America First" push in Davos

January 21, 2018 / www.kitco.com

* Annual gathering of global elite runs from Jan. 23-26* Trump to be first U.S. president to attend in 18 years* Macron and Merkel to lead robust European pushback By Noah Barkin DAVOS, Switzerland, Jan 21 (Reuters) - European leaders will be out in force at the World Economic Forum in Davos this week to defend multilateralism before U.S. President Donald Trump arrives to deliver his "Americ...Read More

Three banks agree to sell stakes in Tel Aviv bourse before IPO

January 21, 2018 / www.kitco.com

JERUSALEM, Jan 21 (Reuters) - Three of Israel's leading banks have agreed to sell back shares in the Tel Aviv Stock Exchange ahead of the bourse's planned initial public offering.The exchange had offered to buy out its shareholders, comprised of commercial and investment banks, before it lists on its own market next year, valuing the total shares at 500 million shekels ($146 million). Bank Leumi ,...Read More

INDICATORS-Egypt - Jan 21

January 21, 2018 / www.kitco.com

CAIRO, Jan 21 (Reuters) - INTEREST RATESLatestLast change PreviousCentral18.75 06/07/1716.75 bank o/n depositCentral19.75 06/07/1717.75bank o/n lendingCentral19.25 06/07/1717.25bank discount rate MONTHLY DATA _____________ Month Pvs Yr agoUrban 21.92623.3consumerDecemberprices(year-on-year,pct change) CoreinflatioDecember19.8625.53 25.86n (year-on-year,pct change) Foreign December37.02036.72324....Read More

Anaconda Sitting on a Gold Mine

January 21, 2018 / dlvr.it

Bob Moriarty of 321 Gold sees a lot of potential in this company's Nova Scotia and Newfoundland projects.Read full newsRead More

Las Vegas gold mine listed for $5M, plus royalty - PHOTOS

January 21, 2018 / dlvr.it

When it comes to acquiring this piece of Southern Nevada real estate, there's nothing wrong with getting the shaft.Read full newsRead More

Tahoe Resources denies reports of water contamination near Peru gold mine

January 21, 2018 / dlvr.it

One report claimed that a leaching pit had overflowed at Tahoe's Shahuindo mine site, flooding a nearby village with toxic materialsRead full newsRead More

'Disastrous' deals sideline gold mining M&A as metal rallies

January 21, 2018 / dlvr.it

Stung by some lousy investments that led to billions of dollars in losses a few years ago, the world's major gold producers have cut way back on mining dealsRead full newsRead More

Gold rally brightens the outlook for mining stocks

January 21, 2018 / dlvr.it

Gold mining stocks lagged behind the performance in prices for the precious metal last year, but they could surpass gold's rise in 2018.Read full newsRead More

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