Recent News

Chinese bitcoin miners eye sites in energy-rich Canada

January 14, 2018 / www.mining.com

MONTREAL/SHANGHAI (Reuters) - China's Bitmain Technologies is eyeing bitcoin mining sites in Quebec, a company spokesman told Reuters, as expectations of a potential Chinese crackdown on cryptocurrency mining make the energy-rich Canadian province an attractive alternative.China has grown into one of the world's biggest sources of cryptocurrency mining but there are signs Beijing is increasing scr...Read More

RT @julia_vaingurt: Bahrain's infrastructure spend to support non-oil sector growth

January 14, 2018 / www.arabianbusiness.com

Oil activity is expected to remain flat until 2019, when the OPEC production cut is expected to endRead full newsRead More

VW brand car sales hit 6.23 mln record in 2017

January 14, 2018 / www.kitco.com

DETROIT, Jan 14 (Reuters) - Volkswagen's core autos division increased vehicle sales to a new record last year, as rising demand for VW brand models in the Americas and the key Chinese market offset a decline in western Europe.Although the emissions test-cheating scandal of September 2015 has cost the German group billions of euros in fines and penalties, it does not seem to have caused major dama...Read More

Asia Morning Call-Global Markets

January 14, 2018 / www.kitco.com

Jan 15 (Reuters) - Stock MarketsNet ChngStock MarketsNet ChngS&P/ASX 200** 6,070.10 2.50NZX 50**8,242.35 -8.09DJIA25,803.19228.46NIKKEI**23,653.82-56.61Nasdaq7,261.06249.29 FTSE**7,778.64 15.70S&P 500 2,786.24 18.68 Hang Seng** 31,412.54292.15SPI 200 Fut 6049.0 31.0STI** 3,520.56 7.88SSEC**3,429.32 3.97KOSPI** 2,496.42 8.51-------------------------------------------------------------------...Read More

RT @StockCats: if you're not sure what euphoria is, watch the first minute of this video

January 14, 2018 / www.cnbc.com

Discussing the current state of the markets with Larry Glazer, Mayflower Advisors; Kenny Polcari, O'Neil Securities; and CNBC's Rick Santelli.Read full newsRead More

Morocco looks for smooth transition to more flexible exchange-rate system

January 14, 2018 / www.kitco.com

* Trading bands will be widened to 2.5 pct* Bankers say market well prepared* Inflation could prompt dirham depreciation By AzizEl YaakoubiDUBAI, Jan 14 (Reuters) - Morocco's introduction of a more flexible exchange-rate system from Monday could result in only a slight depreciation in the short term, analysts and bankers said, but the dirham could become more vulnerable if commodity prices rise....Read More

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

January 14, 2018 / www.kitco.com

CAIRO, Jan 14 (Reuters) - Average yields on Egypt's three- and nine-month treasury bills fell at an auction on Sunday, central bank data showed.Yields on the 91-day bills fell to 18.394 percent from 19.202 at the last sale, while yields on the 266-day bills also fell, to 17.659 percent from 18.573 percent. (Reporting by Arwa Gaballa; Editing by Kevin Liffey) Disclaimer: The views expressed in thi...Read More

Norway's Liberals to join Conservative-led government

January 14, 2018 / www.kitco.com

MOSS, Norway, Jan 14 (Reuters) - Norway's Conservative-led government has agreed to include the small centrist Liberal Party in the cabinet, expanding it to three parties from two, Prime Minister Erna Solberg said on Sunday.Solberg's government of her Conservative Party and the smaller right-wing Progress Party, had negotiated with the Liberals since the start of January for possible inclusion.Add...Read More

RPT-Wall St Week Ahead-Investors green-light infrastructure trade, but expect road bumps

January 14, 2018 / www.kitco.com

(Repeats story first published on Jan. 12 with no changes to text)By Lewis KrauskopfNEW YORK, Jan 12 (Reuters) - Volatility awaits shares of U.S. construction, engineering, building materials and other companies tied to infrastructure spending, but steel-nerved investors could be poised for gains if they weather a few bumps.The stocks are set to be in focus in the coming weeks as President Donald...Read More

Israel to ease dual-listing with Hong Kong, Singapore, Toronto

January 14, 2018 / www.kitco.com

JERUSALEM, Jan 14 (Reuters) - The Israel Securities Authority (ISA) said on Sunday it approved a plan to allow Israeli companies traded in Singapore, Hong Kong and Toronto to easily dual-list on the Tel Aviv Stock Exchange (TASE)."These are markets whose regulatory level is as high as in Israel and dual-listing could encouraging trade on TASE," ISA Chairman Shmuel Hauser said.In 2000, th...Read More

Egypt's budget deficit in first half FY 2017-18 down to 4.4 pct

January 14, 2018 / www.kitco.com

CAIRO, Jan 14 (Reuters) - Egypt's budget deficit for the first half of the 2017-2018 fiscal year starting in July dropped to 4.4 percent from 5 percent last year, a finance ministry statement said on Sunday.Egypt has been looking to tighten control of its finances as it pushes ahead with ambitious economic reforms tied to a $12 billion three-year International Monetary Fund lending programme it ag...Read More

HNA's Tianjin Tianhai says reports that firm plans to sell Ingram Micro are false

January 14, 2018 / www.kitco.com

SHANGHAI, Jan 14 (Reuters) - Tianjin Tianhai Investment Co Ltd , a unit of Chinese aviation and shipping conglomerate HNA Group , said on Sunday that media reports that the firm planned to sell Ingram Micro were false.The firm said the company was not involved in a situation as described by Chinese media reports, which said Tianjin Tianhai was looking to sell its U.S. electronics distributor subsi...Read More

MIDEAST STOCKS-Banks help Saudi rise early on, Qatar continues rally

January 14, 2018 / www.kitco.com

DUBAI, Jan 14 (Reuters) - Banking shares helped Saudi Arabia's stock market rise in early trade on Sunday, while Qatar headed for a seventh straight day of gains as investors bought ahead of annual dividend announcements.The Saudi index was 1.0 percent higher after an hour with all 12 listed banks climbing after Saudi Arabia's central bank lifted the maximum loan-to-value ratio for mortgages taken...Read More

BRIEF-Anaconda Mining Produces 10,002 Ounces Of Gold

January 14, 2018 / dlvr.it

Anaconda Mining Inc:Read full newsRead More

INDICATORS-Egypt - Jan 14

January 14, 2018 / www.kitco.com

CAIRO, Jan 14 (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

MIDEAST STOCKS-Gulf may have slightly firm tone on oil, global trend

January 14, 2018 / www.kitco.com

DUBAI, Jan 14 (Reuters) - Gulf stock markets may have a slightly firm tone on Sunday in response to positive trends in the oil price and global equity markets, although there is little fresh news within the region to spur buying.Brent oil rose 61 U.S. cents on Friday to settle at $69.87 a barrel, a new 2-1/2 year high, while the Dow Jones Industrial Average climbed 0.9 percent. After the close on...Read More

Greece insists on environmental fines on gold mining firm

January 14, 2018 / dlvr.it

ATHENS, Greece (AP) - Greece's Environment Ministry has appealed a court decision annulling a 1.7-million-euro ($2.06 million) fine it had slapped on...Read full newsRead More

Russia's Arlan aims to have doubled gold output in 2020

January 14, 2018 / dlvr.it

Russian gold producer Arlan plansto have doubled gold output from its mine in 2020, expecting theprice for the precious metal to rise further, the firm'sdirector for development said.Read full newsRead More

Man arrested for Gold Mine burglary after pawn shop tip

January 14, 2018 / dlvr.it

After a call from a local pawn shop, an Owensboro man was arrested for the recent burglary at The Gold Mine in Henderson.Read full newsRead More

Ghananian women versus U.S. gold mine that destroyed their farms

January 14, 2018 / dlvr.it

On the website of the Colorado-based Newmont mine, the top page reads in bold letters, "Culture of Zero Harm."Read full newsRead More

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