(Adds details on funds, analyst quote, table, byline)By Trevor HunnicuttNEW YORK, Feb 8 (Reuters) - U.S. fund investors sucked $23.9 billion out of the stock market during the latest week, marking the largest withdrawals from those funds on record, Lipper data showed on Thursday, as the benchmark S&P 500 and Dow Jones Industrials indexes sank further from their record highs.The withdrawals fro...Read More
Feb 9 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.The TimesSenior officials in the Qatari government are set to challenge the evidence of Carillion Plc directors who at parliamentary hearings this week blamed the Gulf state for the construction company's demise. Talktalk Tele...Read More
* PREVIOUS TRADING SESSION MOVES:* SSEC -1.4 pct, CSI300 -0.9 pct, HSI +0.4 pct* HK->Shanghai Connect daily quota used 10.4 pct, Shanghai->HK daily quota used 14.5 pct* HK->Shenzhen Connect daily quota used 13.2 pct, Shenzhen->HK daily quota used 1 pct* CNY official close 6.3185 per dollar* FTSE China A50 -2.0 pct, BNY Mellon ADR China Select Index -3.6 pct SHANGHAI, Feb 9 (Reuters) -...Read More
* Dow, S&P 500 down more than 10 pct from Jan. 26 record highs* U.S. 10-yr note yields approach 4-yr highs earlier* Sentiment in stock markets remains frail (Updates with graphic, details on U.S. bonds and stocks)By Caroline ValetkevitchNEW YORK, Feb 8 (Reuters) - The selloff in world stock indexes deepened on Thursday, with the fall in U.S. stocks confirming a correction for the market, in an...Read More
(Adds interview with Renner CFO Laurence Gomes)By Gram Slattery and Flavia BohoneBRASILIA, Feb 8 (Reuters) - Lojas Renner SA , Brazil's biggest apparel retailer, missed fourth-quarter profit estimates on Thursday, as a sharp increase in costs outpaced growing revenue amid an aggressive expansion drive.In a statement, Renner said net income totaled 332 million reais ($101 million), up 10.7 percent...Read More
Feb 9 (Reuters) - For other diaries, please see:Top Economic Events Polling Unit Diary Today in Washington Political and General News DATECOUNTRY AUCTION DETAILS12-FebNorwayAuction of Treasury bills12-FebItaly Bills auction13-FebItaly Medium-long term auction13-FebSpain Auction of 6- and 12-month Treasury bills14-FebGermany Auction of 30-year Federal bonds14-FebJapan Auction of 5-year government b...Read More
Feb 9 (Reuters) - For other diaries, please see:Top Economic Events Government Debt Auctions Political and General News Events Index of All Diaries Guide to Economic Indicators -----------------------------------------------------------This Diary is filed daily. ** Indicates new events -----------------------------------------------------------FRIDAY, FEBRUARY 9SINGAPORE - ASEAN Finance and Centra...Read More
Feb 9 (Reuters) -For other diaries, please see:U.S. Federal Reserve Polling Unit Diary Today in Washington Political and General News ----------------------------------------------------------- This Diary is filed daily. Indicates new events -----------------------------------------------------------FRIDAY, FEBRUARY 9ATHENS - The EU's economic affairs commissioner Pierre Moscovici visits Athens fo...Read More
(Adds more results, EBITDA)By Gram Slattery and Flavia BohoneBRASILIA, Feb 8 (Reuters) - Lojas Renner SA , Brazil's biggest apparel retailer, missed fourth-quarter profit estimates on Thursday, as a sharp increase in costs outpaced growing revenue amid an aggressive expansion drive.In a statement, Renner said net income totaled 332 million reais ($101 million), up 10.7 percent from the same perio...Read More
SEOUL, Feb 9 (Reuters) - South Korea vowed on Friday to strengthen monitoring of financial markets and said it will take action to stabilise markets should uncertainty spread."We will take measures should market anxieties spread excessively," a senior finance ministry official told Reuters by phone, asking not to be identified because of government policy.He also said recent dent in the...Read More
There are two critical numbers that gold investors and traders need to watch carefully for signs of support: fifty and fifty. The first critical number represents gold’s 50-day moving average. The second critical number represents a 50% retracement of the most recent rally. Interestingly enough, these two numbers intersect at roughly the same price point in gold.Market technicians utilize th...Read More
There are two critical numbers that gold investors and traders need to watch carefully for signs of support: fifty and fifty. The first critical number represents gold’s 50-day moving average. The second critical number represents a 50% retracement of the most recent rally. Interestingly enough, these two numbers intersect at roughly the same price point in gold.Market technicians utilize th...Read More
LIMA, Feb 8 (Reuters) - Peru's central bank held the benchmark interest rate at 3 percent as expected on Thursday, but noted that economic growth was still below potential after its 25-basis point rate cut last month.Nine analysts had predicted the rate hold in a Reuters poll this week, with the remaining three analysts forecasting a fresh reduction to 2.75 percent. The central bank cited disappoi...Read More
* Asia's pain threshold is when 10-year U.S. Treasuries hit 3 pct* Real-money investors worry more about longer-term dollar funding* Goldilocks scenario at risk from rising inflation expectations By Vidya RanganathanSINGAPORE, Feb 9 (Reuters) - If this week's selloff in global equity markets is any guide, then Asia's frothy debt and stock markets have reason to be on edge over the steady rise in...Read More
Angkor Gold Corp. (TSXV:ANK) (OTC:ANKOF) ("Angkor" or "the Company") Executive Chairman Mike Weeks is pleased to announce the continuation of Angkor's exploration program at Halo on its Oyadao South license in conjunction with its exploration partner, Japan Oil, Gas and Metals National Corporation ("JOGMEC").Read full newsRead More
Enforcer Gold Corp ('Enforcer' or the 'Company') (TSX-V: VEIN; FSE: N071) is pleased to announce it has further refined drill targets for its 1,500 m diamond drilling program on the newly discovered OR79 zone at the Company's Montalembert gold project.Read full newsRead More
(Kitco News) - Current market conditions and gold prices suggest the metal is about to breakout, says one former Bear Stearns analyst.“[I]t looks to me like it could now get really exciting for gold bulls,” Jesse Felder, publisher of the Felder Report investment newsletter, said in a report released Thursday.“On the weekly chart there is now a clear head and shoulders bottom patt...Read More
(Kitco News) - Current market conditions and gold prices suggest the metal is about to breakout, says one former Bear Stearns analyst.“[I]t looks to me like it could now get really exciting for gold bulls,” Jesse Felder, publisher of the Felder Report investment newsletter, said in a report released Thursday.“On the weekly chart there is now a clear head and shoulders bottom patt...Read More
VANCOUVER, Feb. 7, 2018/ PRNewswire/- HashChain Technology Inc. today announced that NODE40, LLC has activated support for Coinbase account holders. NODE40 is a New York based blockchain technology company bringing best-in-class tax compliance to cryptocurrency traders globally. Then, the capital gains, or losses, are carried into Form 8949, which can be sent...Read full newsRead More
FTSE 100 closes 108pts lowerFTSE 250 down 364 ptsPounds jumps versus dollar, euroBank of England keeps rates on hold, but bets rise for May hike FTSE 100 finished firmly in the red as the strong pound weighed after the Bank of England's hawkish comments on rate rises.The premier bluechip index closed down over 108 points at 7,170, while FTSE 250, the more UK company focused index, crash...Read More