* PREVIOUS TRADING SESSION MOVES:* SSEC +0.4 pct, CSI300 +1.2 pct, HSI +0.4 pct* HK->Shanghai Connect daily quota used 8.8 pct, Shanghai->HK daily quota used 44.8 pct* HK->Shenzhen Connect daily quota used 9.5 pct, Shenzhen->HK daily quota used 14.6 pct* CNY official close 6.405 per dollar* FTSE China A50 +0.8 pct, BNY Mellon ADR China Select Index +0.1 pct SHANGHAI, Jan 23 (Reuters)...Read More
Jan 23 (Reuters) - For other diaries, please see:Top Economic Events Polling Unit Diary Today in Washington Political and General News DATE COUNTRY AUCTION DETAILS 23-JanUnited States Sale of 2-year notes23-JanSpain Auction of 3- and 9-month Treasury bills23-JanUnited KingdomAuction 0 1/8% Index-linked Treasury Gilt 202623-JanGermany Auction of 2-year Treasury notes24-JanUnited States Sale of 2-ye...Read More
Jan 23 (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, if any -----------------------------------------------------------TUESDAY, JANUARY 23 ** SINGAPORE - 1st Meetin...Read More
Jan 23 (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 -----------------------------------------------------------TUESDAY, JANUARY 23TOKYO - Bank of Japan monetary policy meeting (Final Day). WASHINGTON - Senat...Read More
By Tom PolansekCHICAGO, Jan 22 (Reuters) - Archer Daniels Midland Co's proposed takeover of Bunge Ltd could signal a change in the company's strategy on oilseeds, giving the top U.S. grain merchant a much bigger capacity to crush soy just months after ADM's chief executive said the firm would cut spending on the sector.The potential strategic change comes as the world's biggest agricultural merch...Read More
Jan 22 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.HeadlinesFormer KPMG partners charged with fraud Labour plans outsourcing crackdown on 'rogue suppliers' EU creditors to start talks on structuring debt relief for Greece IMF hails 'broadest' upsurge in global growth since 2010 Overview- The U.S....Read More
Aurubis AG, Europe's biggest copper smelter, said on Monday it had agreed to take 100 per cent control of German copper wire and rod maker Deutsche Giessdraht by acquiring the 40 per cent stake held by Chile's Codelco.Aurubis had held 60 per cent of Deutsche Giessdraht and Codelco held the remainder through German unit Codelco Kupferhandel GmbH.The agreement will require the approval of German com...Read More
Shares in Teck Resources (TSX: TCK.A, TCK.B) (NYSE:TCK) dropped on Monday by 1.08% as reactions poured in following an explosion at its Elkview coal mine, located near Sparwood, British Columbia.What the company dubbed as "a significant pressure event at the dryer" took place Wednesday afternoon in an area where coal is dried using a natural gas heating system. Interviewed by the Times Colonist, t...Read More
Last week's other top-gaining mining stocks on the TSX were RNC Minerals, Lydian International, Nickel Creek Platinum and Corvus Gold.Read full newsRead More
* 73 pct of firms see economic expansion lasting throughout 2018* Economists more bullish, seeing growth continuing through 2020* 40 pct of firms see no decisive end to deflation in near future* Views split on whether BOJ should keep easy money or exit By Tetsushi KajimotoTOKYO, Jan 23 (Reuters) - Nearly three-quarters of Japanese companies expect the economy to keep expanding at least another ye...Read More
On Friday I began the daily opening letter by saying …Whether the politicians come to some kind of accord in regards to funding the government or they let time lapse and effectually shut down the government is not the real issue.I looked at the two real issues that encompass our current dilemma. First is the fact that politicians have become professionals at using this dilemma to insert the...Read More
On Friday I began the daily opening letter by saying …Whether the politicians come to some kind of accord in regards to funding the government or they let time lapse and effectually shut down the government is not the real issue.I looked at the two real issues that encompass our current dilemma. First is the fact that politicians have become professionals at using this dilemma to insert the...Read More
Richard LeongNEW YORK (Reuters) - Government shutdown? So yesterday. Debt ceiling? Yawn.Investors and traders are taking in stride that the partisan fight in Washington which resulted in the first government shutdown in over four years may snowball into a showdown over raising the cap on how much the federal government can borrow beyond its statutory limit of $20 trillion.Analysts and investors sa...Read More
David LjunggrenOTTAWA (Reuters) - The NAFTA trade agreement’s future hangs in the balance this week as negotiators from the United States, Canada and Mexico try to settle major differences over revamping a pact that President Donald Trump has threatened to abandon.Senior officials from the three nations will meet in Montreal for a week starting on Tuesday in the sixth and penultimate round o...Read More
Last week the U.S. Global Investors office was visited by a living legend in the junior mining industry, billionaire founder and executive chairman of Ivanhoe Mines, Robert Friedland. In case you don't know, back in the mid-1970s, Robert was caretaker of an apple orchard south of Portland that one of his buddies from Reed College would often visit. That buddy's name was Steve Jobs, who later went...Read More
Finland's mining authority has granted Ireland's Karelian Diamond Resources (AIM: KDR) a four-year exploration claim in the Kaavi region, located in the eastern part of the country. This license provides the holder with an exclusive right to apply for a mining permit. The 28.84-hectare property is close to Karelian's Lahtojoki mining operation, which is en route to becoming the first diamond mine...Read More
Finland's mining authority has granted Ireland's Karelian Diamond Resources (AIM: KDR) a four-year exploration claim in the Kaavi region, located in the eastern part of the country. This license provides the holder with an exclusive right to apply for a mining permit. The 28.84-hectare property is close to Karelian's Lahtojoki mining operation, which is en route to becoming the first diamond mine...Read More
Finland's mining authority has granted Ireland's Karelian Diamond Resources (AIM: KDR) a four-year exploration claim in the Kaavi region, located in the eastern part of the country. This license provides the holder with an exclusive right to apply for a mining permit. The 28.84-hectare property is close to Karelian's Lahtojoki mining operation, which is en route to becoming the first diamond mine...Read More
(Adds details on market activity, updates prices to close)* TSX ends down 5.48 points, or 0.03 percent, at 16,347.98* Four of the index's 10 main groups end lower* Industrials and materials both fall 0.6 percent* Home Capital Group Inc climbs 10.5 percent TORONTO, Jan 22 (Reuters) - Canada's main stock index edged lower on Monday as railroad and materials shares declined, offsetting gains for th...Read More
WELLINGTON, Jan 23 (Reuters) - Growth in New Zealand's services sector slowed in December during a quiet summer holiday period, a survey showed on Tuesday.The Bank of New Zealand-Business NZ's seasonally adjusted performance of services index (PSI) edged down to 56.0 from 56.4 in the previous month."There was a heavy seasonal factor at play, with Christmas and the holiday period being a key i...Read More