WASHINGTON (Reuters) - U.S. President Donald Trump on Tuesday floated a plan to fine ZTE Corp (000063.SZ) (0763.HK) and shake up its management as his administration considered rolling back more severe penalties that have crippled the Chinese telecommunications company.Trump’s proposal ran into immediate resistance in Congress, where Republicans and Democrats accused the president of bending...Read More

MSFT touched a record high just last weekMicrosoft Corporation (NASDAQ:MSFT) has been one of the best Dow stocks in 2018, up 14% year-to-date and hitting a record high of $98.69 on May 14. Much of the success has been driven by the growth of the company's cloud service Azure, and brokerage firm Cowen and Company is expecting this trend to continue. The firm cites a recent survey which it says show...Read More

(Kitco News) - Gold prices overnight came within about $2.00 of hitting thepsychologically important $1,300.00 level, but in early U.S. Comex futurestrading the yellow metal has dropped to its daily low. The gold market bullswill have to push prices back above strong chart resistance at $1,300.00, tobegin to suggest the market has put in a near-term bottom. Junegold was lastdown $4.00 an ounce at...Read More

LONDON (Reuters) - Investors sold equities on Wednesday and raced to buy Japanese yen and government bonds from the United States and Germany on fears that setbacks to U.S-China trade talks would undermine increasingly fragile-looking world growth.The yen JPY=EBS rose more than 1 percent against the dollar, U.S. bond yields, which move inversely to price, fell to eight-day lows.World shares mean...Read More

GOLD (in USD) Bearish consolidation. Gold remains weak below resistance at 1300, indicating persistent selling pressures. Hourly support and resistance are given at 1263 (21/12/2017 low) and 1329 (08/03/2018 high). The technical structure suggests short-term downward moves. In the long-term, the technical structure suggests that there is a growing upside momentum. A break of 1'392 (17/03...Read More

(Kitco News)- Gold has found some short-term support on the back of newsthat the U.S.-North Korea summit may be delayed and a renewal of trade warjargon between the U.S. and China. It is difficult to discern what the realityis, as comments remain fluid. We have exited our long gold trade at $1,297 andprefer to wait for a break above the $1,302 level for confirmation that theuptrend has resumed. T...Read More

By David Fickling(Bloomberg Opinion) - There's a well-thumbed playbook for how deals involving gold mines in the remote jungles of Indonesia are meant to turn out.The game plan isn't so different to the plot of the recent Matthew McConaughey film "Gold" - a promise of great wealth turning to ruin with the protagonists ending up brawling in the mud surrounded by fraud, violence and shady political...Read More

By David Fickling(Bloomberg Opinion) - There's a well-thumbed playbook for how deals involving gold mines in the remote jungles of Indonesia are meant to turn out.The game plan isn't so different to the plot of the recent Matthew McConaughey film "Gold" - a promise of great wealth turning to ruin with the protagonists ending up brawling in the mud surrounded by fraud, violence and shady political...Read More

(Kitco News) - Gold has found some short-term support on the back of news that the U.S.-North Korea summit may be delayed and a renewal of trade war jargon between the U.S. and China. It is difficult to discern what the reality is, as comments remain fluid. We have exited our long gold trade at $1,297 and prefer to wait for a break above the $1,302 level for confirmation that the uptrend has resu...Read More

NEW YORK (Reuters) - Target Corp posted lower-than-expected quarterly profit on Tuesday as spending on its online business and delivery options helped sales but ate into margins, sending shares down 6 percent in pre-market trade.The retailer's price cuts and heavy investments to ward off competition from Amazon.com Inc and brick-and-mortar rivals continued to hurt profitability even as comparable...Read More

LONDON (Reuters) - Iran on Wednesday kept up a drumbeat of opposition to U.S. demands for sweeping change in its foreign policy and nuclear program, and Tehran’s ally Damascus dismissed out of hand a U.S. call for a withdrawal of Iranian forces from Syria.France, one of several European powers dismayed by the U.S. withdrawal from a 2015 nuclear accord, said Washington’s method of addin...Read More

(Reuters) - Tiffany & Co’s (TIF.N) first-quarter earnings handily beat analysts’ estimates on Wednesday, boosted by stronger sales of its high-end jewelry, leading the company to raise its annual sales and profit forecasts.Tiffany’s shares rose 8.2 percent to $110.50 in pre-market trading.The company benefited from higher demand in the Americas and Asia-Pacific regions, and s...Read More

LONDON (Reuters) - The U.S. dollar’s unexpected surge over the past month is encouraging currency traders to pray for a return of lucrative but long-dormant price volatility on the main foreign exchanges, although early signs on that are strangely subdued.Extra volatility - how much markets fluctuate up or down - opens up pricing gaps and anomalies that give traders more opportunities to mak...Read More

FRANKFURT (Reuters) - None of the countries seeking to adopt the euro meet all accession criteria, the European Central Bank said on Wednesday, dealing a blow to Bulgaria’s hopes of joining the currency bloc quickly.All seven nations, mostly in central Europe, have made some progress over the past two years and meet most of the economic criteria, the ECB said in a biennial report.But all fai...Read More

MELBOURNE/JAKARTA (Reuters) - Global miner Rio Tinto Ltd (RIO.AX) confirmed on Wednesday it was in discussions to sell its interest in the world’s second largest copper mine to Indonesia’s state mining holding company Inalum.Discussions with Inalum and miner Freeport were ongoing, Rio Tinto said in a statement, “including as to price,” noting reports of a potential $3.5 bil...Read More

Mr. Chris Taylor reportsGREAT BEAR CLOSES $1,720,000 FINANCING AND RECEIVES ADDITIONAL $425,000 THROUGH WARRANT EXERCISESGreat Bear Resources Ltd. has closed a non-brokered private placement for gross proceeds of $1,720,252, subject to exchange approval.The company has also received $425,533 since the beginning of 2018 from the exercise of common share purchase warrants, for total fundraising of $...Read More

Mr. Chris Taylor reportsGREAT BEAR CLOSES $1,720,000 FINANCING AND RECEIVES ADDITIONAL $425,000 THROUGH WARRANT EXERCISESGreat Bear Resources Ltd. has closed a non-brokered private placement for gross proceeds of $1,720,252, subject to exchange approval.The company has also received $425,533 since the beginning of 2018 from the exercise of common share purchase warrants, for total fundraising of $...Read More

Gold couldbe in for a period of sideways consolidation, and exchange-traded-fund holdingsheld up despite a recent price decline in the precious metal, says AlexThorndike, senior precious-metals trader with MKS (Switzerland) S.A. While spotmetal touched a fresh 2018 low of $1,282.20 on Monday, the market has mostlysideways since falling below $1,300 support on May 15. “For now we see stubborn...Read More

Gold could be in for a period of sideways consolidation, and exchange-traded-fund holdings held up despite a recent price decline in the precious metal, says Alex Thorndike, senior precious-metals trader with MKS (Switzerland) S.A. While spot metal touched a fresh 2018 low of $1,282.20 on Monday, the market has mostly sideways since falling below $1,300 support on May 15. “For now we see stu...Read More

This particular metric has helped unearth some deep discounts in the mining industry.Read full newsRead More