Brent crude oil hit a more than three-year high on Thursday, breaking through $70 a barrel level for the first time since December 2014.Read full newsRead More

Saudi Arabia is taking managerial control of Saudi Binladin Group and discussing a possible transfer of some of the giant construction group's assets to the state while its chairman and other family members are in detention, sources told Reuters.Read full newsRead More

The home of Wall Street announced on Wednesday that it will be divesting its massive pension fund from fossil fuels. That hits fossil fuel giants where it hurtsRead full newsRead More

Gold is trading moderately higher today, with the most active futures contract currently trading up $3.70 (+0.28%) at $1323 per ounce. Today’s gains have taken gold to its highest value so far in 2018. On Friday of last week, gold prices reached the former 2018 apex when it closed at $1322 per ounce. Although gold prices surged to an intraday high of $1327 on Thursday of last week, on a clos...Read More

Gold is trading moderately higher today, with the most active futures contract currently trading up $3.70 (+0.28%) at $1323 per ounce. Today’s gains have taken gold to its highest value so far in 2018. On Friday of last week, gold prices reached the former 2018 apex when it closed at $1322 per ounce. Although gold prices surged to an intraday high of $1327 on Thursday of last week, on a clos...Read More

LIMA, Jan 11 (Reuters) - Peru's central bank lowered the benchmark interest rate to 3 percent as widely expected on Thursday, citing weak economic growth and slowing inflation.Eight out of nine analysts polled by Reuters had forecast the 25-basis-point reduction to the key rate, with one forecasting a hold at 3.25 percent. (Reporting By Mitra Taj; Editing by Chris Reese) Disclaimer: The views exp...Read More

(Repeats. No change to text.)By John Ruwitch and Marius ZahariaSHANGHAI/HONG KONG, Jan 11 (Reuters) - China's adjustment to the way it sets the reference rate for its tightly managed currency, suspending a tool for fine-tuning the exchange rate, is a fresh warning to would-be speculators that gives the yuan scope to retreat after a year of heady gains.The decision by the central bank to reduce th...Read More

(Adds analyst quotes, table)By Jennifer AblanNEW YORK, Jan 11 (Reuters) - Investors' appetite for risk was on display this week as U.S.-based equity mutual funds attracted $1.45 billion of net inflows, their third straight week of inflows, and U.S.-based equity exchange-traded funds attracted $10.6 billion, according to Lipper data on Thursday. Moving in sympathy with equities, U.S.-based high-yie...Read More

(Kitco News) - As gold prices trade close to four-month highs, analysts from the Bank of China International said that commodities like gold have room to go even higher in 2018.By the fourth quarter of this year, gold could be looking at an average of $1,400 per ounce and copper at $7,500 a ton, analysts, led by Xiao Fu, the commercial bank’s head of commodity market strategy, said in a note...Read More

(Kitco News) - As gold prices trade close to four-month highs, analysts from the Bank of China International said that commodities like gold have room to go even higher in 2018.By the fourth quarter of this year, gold could be looking at an average of $1,400 per ounce and copper at $7,500 a ton, analysts, led by Xiao Fu, the commercial bank’s head of commodity market strategy, said in a note...Read More

FTSE 100 closes at third successive highTesco and M&S shares fall after trading updatesAnglo American and Just Eat gain on broker upgradesFTSE 100 closed at a  new peak for the third day in a row, despite retailers taking a bashing and what was a choppy day of trading.The blue-chip benchmark finished the day up over 14 points at 7,762, while M&S said like-for-like revenues fell 1.4% i...Read More

* Dudley warns on U.S. fiscal path, creditworthiness* Strong comments criticize Republican expectations* Dudley sees gradual rate hikes, inflation rebound in 2018 (Adds Kaplan, yield-curve comments)By Jonathan SpicerNEW YORK, Jan 11 (Reuters) - One of the Federal Reserve's most influential members on Thursday offered a point-by-point critique of U.S. President Donald Trump's sweeping tax cuts, war...Read More

(Updates prices to close)* TSX ends up 38.99 points, or 0.24 percent, at 16,286.94* Half of the TSX's 10 main groups move higher TORONTO, Jan 11 (Reuters) - Canada's main stock index rose on Thursday as gains for energy companies and some miners offset a pullback in marijuana producers and a fall in Shaw Communications Inc after its quarterly earnings disappointed.* The Toronto Stock Exchange's...Read More

(Corrects spelling of doctor's first name to "Ronny" instead of "Ronnie" in penultimate paragraph)WASHINGTON, Jan 11 (Reuters) - U.S. President Donald Trump said on Thursday he expects a medical examination he is to undergo on Friday will go well and that he would be surprised if it did not.Answering questions from reporters after an event on prison reform at the White House,...Read More

New to Proactive, Envestors CEO Oliver Woolley tells us how Network Investing is distinct from crowdfunding...helping small companies that are past the start-up stage and 'out of the garage' to grow. Oliver explains how Envestors already has offices in London, the Channel Islands and Dubai and they have plans to open in China. Average investments are of about ?40,000 and the process is highly tax...Read More

Stocks resumed their 2018 rally today, with all three major indexes reaching a fresh record high. The impressive gains can be mostly accredited to the energy sector, with Chevron(CVX) stock leading the Dow's triple-digit rally. Traders also digested the latest inflation data, andWalmart (WMT) plans to boost wages and expand employee benefits following tax reform. Looking ahead, Wall Street will ha...Read More

Jan 12 (Reuters) - Stock MarketsNet ChngStock MarketsNet ChngS&P/ASX 200** 6067.6 -29.1 NZX 50**8,250.44 -114.46DJIA**25,529.25160.12NIKKEI**23,710.43-77.77Nasdaq**7,204.20550.513FTSE**7,762.94 14.43S&P 500** 2,764.46 16.27 Hang Seng** 31,120.3946.67SPI 200 Fut 6023 10STI** 3,512.68 -7.77SSEC**3,425.5735 3.74KOSPI** 2487.91-11.84-------------------------------------------------------------...Read More

Connemara Mining Company PLC (LON:CON) saw its shares gain 4% today as it reported high gold grades from one of three holes drilled recently at its Mine River prospect in Wicklow and Wexford in Ireland.CEO Patrick Cullen tells Proactive that assay results from the hole at the Tombreen target indicated an 8m section grading 4.53 g/t gold, which included 2m at 16.1 g/t. Mineralisation ranging from 0...Read More

Jan 12 (Reuters) - Australian shares are expected to recover from two straight sessions of falls on Friday, latching on to solid leads from Wall Street inspired by higher oil prices.Wall Street surged to record highs on Thursday on the back of rising oil prices and as investors bet on a strong U.S. corporate earnings season. Oil settled at three-year highs on signs that global inventories were tig...Read More

TORONTO, Jan 11 (Reuters) - Canada's main stock index ended higher on Thursday, as gains for energy companies and miners offset falls among marijuana producers and in Shaw Communications Inc , whose earnings disappointed. The Toronto Stock Exchange's S&P/TSX composite index unofficially closed up 38.99 points, or 0.24 percent, at 16,286.94. (Reporting by Alastair Sharp Editing by Chizu Nomiyam...Read More