By Fabian Cambero and Aislinn LaingSept 3 (Reuters) - Chilean state miner Codelco halted theoperations of three out of four furnaces at its Ventanas copperfoundry on Monday morning after high levels of sulphur dioxidewere detected, it said in a statement.Codelco said levels of the gas went 20 percent over theaccepted limit for five minutes, prompting it to shut down thefurnaces as a "voluntar...Read More
Sept 4 (Reuters) -Stock MarketsNet ChngStock MarketsNet Chng S&P/ASX 200** 6,310.9-8.6NZX 50**9,257.29 -55.91 DJIA**25,964.82-22.10NIKKEI**22,707.38-157.77 Nasdaq**8,109.53721.174FTSE**7,504.672.18 S&P 500** 2,901.52 0.39Hang Seng** 27,712.54-176.01 SPI 200 Fut 6,297-3.00 STI** 3,207.2-6.28 SSEC**2,720.7374 -4.51 KOSPI** 2,307.03 -15.85 -----------------------------------------------------...Read More
(Adds quotes from farm group leaders, details of tax increaseplan)By Hugh Bronstein and Maximilian HeathBUENOS AIRES, Sept 3 (Reuters) - Argentine farmers may delaywheat sales and plant less corn this year after the governmentannounced a roughly 10 percent export tax on the grains onMonday as part of an austerity program designed to halt a run onthe peso currency, growers and consultants said.The...Read More
ALL TIMES IN EDT/GMT-------------------------------------------------------1000/1400: The Commerce Dept. issues Construction Spendingfor July.1100/1500: The USDA releases weekly U.S. export inspectionsfor grains, oilseeds. (Note: Delayed from Monday due to theLabor Day federal holiday.)1130/1530: The Treasury Dept. holds weekly sale of 3-,6-month bills.1300/1700: The Treasury Dept. holds weekly sa...Read More
Click the following link to watch video: Source: Thomson ReutersDescription: The CEO of JD.com, Richard Liu, has returned to China, theChinese e-commerce giant said on Monday, days after he was arrested by policein the U.S. city of Minneapolis on suspicion of criminal sexual conduct andlater released.Short Link: Video Transcript:Verified transcript not available Disclaimer: The views expressed in...Read More
Sept 4 (Reuters) -Stock MarketsNet ChngStock MarketsNet Chng S&P/ASX 200** 6,310.90 -8.60 NZX 50**9,257.29 -55.91 DJIA**25,964.82-22.10NIKKEI**22,707.38-157.77 Nasdaq**8,109.53721.174FTSE**7,504.672.18 S&P 500** 2,901.52 0.39Hang Seng** 27,712.54-176.01 SPI 200 Fut 6,303.00 3.00STI** 3,207.2-6.28 SSEC**2,720.74 -4.51 KOSPI** 2,307.03 -15.85 -------------------------------------------------...Read More
* Petershill fund takes stake of between 10-20 pct - source * LMR Fund Ltd up 2.84 pct in year to Aug. 10 - HSBCBy Maiya KeidanLONDON, Sept 3 (Reuters) - A private equity fund run byGoldman Sachs Asset Management (GSAM) has bought aminority stake in multi-strategy hedge fund firm LMR Partners,one source familiar with the matter said on Monday.The GSAM fund bought a stake of between 10 percent and...Read More
BRASILIA, Sept 3 (Reuters) - Brazil posted a trade surplusof $3.775 billion in August, government data showed on Monday,slightly below market estimates of $4 billion. Imports totaled $18.777 billion and exports $22.552 billion,the trade ministry reported. (Reporting by Marcela Ayres; Writing by Carolina Mandl; Editingby Sandra Maler) Disclaimer: The views expressed in this article are those of t...Read More
Click the following link to watch video: Source: Reuters InsiderDescription: Chinese President Xi Jinping offered another $60 billion infinancing for Africa and wrote off some debt for poorer African nations. ThuyOng reports.Short Link: Video Transcript:Another $60 billion from China to Africa. The money will fund projectsincluding infrastructure like railways and roads. Chinese President Xi Jinp...Read More
* SPDR Gold holdings fell 0.4 percent on Friday * Speculators trim net shorts in COMEX gold * GRAPHIC-2018 asset returns: (Updates with U.S. trading, settlement prices)By Zandi Shabalala and Jessica Resnick-AultLONDON/NEW YORK, Sept 3 (Reuters) - Gold prices easedslightly on Monday as the dollar held near a one-week high onworries over an escalation in trade conflicts between the UnitedStates and...Read More
* reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/econ-polls?RIC=BRCPI%3DECI reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/econ-polls?RIC=****%3DECI poll dataBy Bruno FederowskiBRASILIA, Sept 3 (Reuters) - Consumer prices in Brazillikely stagnated in August as a slow economic recovery continuedto weigh on employment, a Reuters poll showed, suggesting thecentral bank should be in no...Read More
FRANKFURT, Sept 3 (Reuters) - Rapid technological advancescut inflation only marginally and temporarily, BundesbankPresident Jens Weidmann said on Monday, weighing in on one ofthe biggest debates in modern central banking.With much of the industrialised world struggling withanaemic inflation levels, some economists argue that rapidtechnological development keeps a lid on prices, forcing centralban...Read More
ROTTERDAM, Sept 3 (Reuters) - Palm oil was offered in atight range on the European vegetable oils market on Monday asslightly firmer Malaysian palm oil futures were offset by astronger dollar and weaker ringgit. Asking prices for palm oil were mostly between unchanged and$2.50 a tonne down as the strong dollar and weaker ringgit bothweighed on prices quoted in dollars.The weak ringgit supported Ma...Read More
Click the following link to watch video: Source: Reuters InsiderDescription: Global stock markets fell for a third straight day on Monday,hurt by worries over the escalation of trade disputes between world powers anda deepening sell-off across emerging market currencies. As Laura Frykbergreports, U.S. markets were closed for the Labor Day holiday.Short Link: Video Transcript:If traders had hoped...Read More
Click the following link to watch video: Source: Reuters InsiderDescription: Manufacturing activity took a hit from weak orders in August,surveys showed, a sign firms are feeling the pinch from an intensifying tradewar between the United States and China that could derail global growth. SoniaLegg reportsShort Link: Video Transcript:August may have been holiday time for many, but it wasn't the rea...Read More
* FX markets still broadly long dollars * Sterling tanks on Brexit talk concerns, PMI data * Graphic: World FX rates in 2018 (updates prices)By Saikat ChatterjeeLONDON, Sept 3 (Reuters) - The dollar consolidated near aone-week high against a basket of currencies on Monday astensions around global trade and a continued selloff in emergingmarkets fuelled demand for the greenback.U.S. President Donal...Read More
* Rand weakens more than one percent on Turkey woes * Stocks flat, tracking weak global markets (Update prices, analyst quote)JOHANNESBURG, Sept 3 (Reuters) - South Africa's rand wasmore than one percent lower on Monday as global emerging marketsremained on the back foot, while stocks were flat in tandem withglobal markets.At 1613 GMT the rand was 1.12 percent weaker at14.8550 per dollar, after hi...Read More
(Adds finance minister comment)WARSAW, Sept 3 (Reuters) - Activity at Polish factories grewat its slowest rate in nearly two years in August, a businesssurvey showed on Monday, with the government declaring that theeconomic cycle may already have peaked.Output expanded at a muted pace and new orders from abroadslumped last month, the IHS Markit Poland ManufacturingPurchasing Managers' Index showed...Read More
* European shares flat * FTSE lifted by weaker pound * Wall St closed for labor dayLONDON, Sept 3 (Reuters) - Welcome to the home for real-time coverage of European equitymarkets brought to you by Reuters stocks reporters and anchored today by Julien Ponthus. Reachhim on Messenger to share your thoughts on market moves:julien.ponthus.thomsonreuters.com@reuters.net CLOSING SNAPSHOT: FLAT (1602 GMT)...Read More
Cash-strapped Eastern Goldfields (ASX: EGS) announced the temporary suspension of the Davyhurst gold operation, located 120 kilometres north-west of Kalgoorlie, in Western Australia's Goldfields-Esperance region.In an official statement, company director Campbell Baird said that the suspension is "prudent" and is part of Eastern Goldfields' strategy to mitigate spending, following an underperformi...Read More