WASHINGTON (Reuters) - U.S. home sales surged in February, boosted by hefty gains in the South and West regions, but a chronic shortage of houses on the market remains an obstacle heading into the spring selling season.The National Association of Realtors said on Wednesday that existing home sales jumped 3.0 percent to a seasonally adjusted annual rate of 5.54 million units last month. That ended...Read More
TAIPEI (Reuters) - The United States’ commitment to Taiwan has never been stronger and the island is an inspiration to the rest of the Indo-Pacific region, U.S. Deputy Assistant Secretary of State Alex Wong said on Wednesday, in comments certain to anger Beijing.Wong was speaking during a visit to Taipei at a time of increased hostility between the self-ruled island and Beijing and just a da...Read More
FREE ZINC TIPS TODAYFree Zinc Tips Today – BUY 2 lot Mcx Zinc March at CMP 208.50 for Target 209.90 – 210.50 with SL below price 207.40AFTER POST CONTENT Read More
Vered Toledo, chief operating officer of Shefa Yamim (ATM) (LON:SEFA), talks to Proactive about the ongoing bulk sampling at Kishon Mid-Reach in Israel, where the unique Carmel sapphire has been prevalent so far.Fourteen samples have been taken from zone 1 at the alluvial deposit, of which two are left to be processed, she said.Once that is done, the company will process samples from zone 2.Toledo...Read More
WASHINGTON (Reuters) - The United States is in talks with the European Union, Argentina and Australia on granting possible exemptions to steel and aluminum tariffs, Trade Representative Robert Lighthizer told the House Ways and Means Committee in a hearing on Wednesday.Lighthizer said that talks with South Korea over any possible exemption would be carried out within the context of existing trade...Read More
(Kitco News) - Gold prices have extended early gains and are trading solidly up andnear their daily highs in late-morning action Wednesday. After seeing sellingpressure in recent days, it's likely that traders have already factored in aquarter-point interest rate rise coming from the Federal Reserve thisafternoon. The rally today is a "sell-the-rumor, buy-the-fact"phenomenon so commonly...Read More
BRUSSELS (Reuters) - The European Commission proposed rules on Wednesday to make digital companies pay their fair share of tax, with U.S. tech giants such as Google (GOOGL.O), Facebook (FB.O) and Amazon (AMZN.O) set to foot a large chunk of the bill.Under the Commission’s plan, companies with significant digital revenues in Europe will pay a 3 percent tax on their turnover on various online...Read More
The tech giant has been one of the worst stocks to own during Easter weekFAANG stocks have been in focus this week, amid the fallout from Facebook's (FB) data harvesting scandal. While FB shares are pacing for their worst week in years, Alphabet Inc (NASDAQ:GOOGL) stock is currently staring at a 3.7% week-to-date deficit -- down 0.3% today to trade at $1,092.96. And if history is any guide, GOOGL...Read More
BEIJING (Reuters) - China will prudently advance cooperation with the Philippines on joint oil and gas exploration in the South China Sea, China’s top diplomat State Councillor Wang Yi said on Wednesday after meeting his Philippine counterpart.Any potential deals between Manila and Beijing on energy exploration in the disputed waterway should be agreed with a company and not the Chinese gove...Read More
(Kitco News)- Although Goldman Sachs isoptimistic on gold prices this year, the investment firm sees the mostpotential in copper.In its latest research, led bycommodity analyst Matthew Korn, Goldman said that it is bullish on copper asthe market faces impending supply issues. For this reason, analysts see mininggiant Freeport-McMoRan (NYSE: FCX) as a good investment. The bank has a pricetarget of...Read More
(Kitco News) - Although Goldman Sachs is optimistic on gold prices this year, the investment firm sees the most potential in copper.In its latest research, led by commodity analyst Matthew Korn, Goldman said that it is bullish on copper as the market faces impending supply issues. For this reason, analysts see mining giant Freeport-McMoRan (NYSE: FCX) as a good investment. The bank has a price tar...Read More
Rosy Mondin, CEO of Quadron Cannatech Corporation (CSE:QCC) was recently featured in an exclusive interview by New Cannabis Ventures for readers to learn more about Quadron Cannatech, its current subsidiaries and future milestones for 2018.See below for excerpt and link to the article.In addition to its subsidiaries, Quadron is forming strategic partnerships with other companies in the industr...Read More
Chile's new government is looking for candidates to lead state-owned Codelco, the world's largest copper producer.While Nelson Pizarro could well stay on as chief executive officer even after Chilean President Sebastian Pinera's administration appoints a new chairman in May, the government is putting together a shortlist of candidates, Mining Minister Baldo Prokurica said in an interview Tuesday."...Read More
(Reuters) - U.S. stocks opened little changed on Wednesday as traders moved cautiously ahead of an expected Federal Reserve interest rate hike, while a drop in Facebook Inc’s (FB.O) shares on privacy concerns again weighed on the technology sector.The Dow Jones Industrial Average .DJI rose 7.71 points, or 0.03 percent, to 24,734.98. The S&P 500 .SPX lost 2.56 points, or 0.09 percent,...Read More
OTTAWA (Reuters) - Canadian Prime Minister Justin Trudeau said on Wednesday he remained optimistic Canada would get a good deal on NAFTA, adding he was aware of the time pressures imposed on the negotiations by the U.S. and Mexican elections.“We continue to be optimistic about our capacity to get to a good win-win-win (deal),” Trudeau told reporters when asked about the trade talks. &...Read More
TODAY ALUMINIUM INTRADAYToday Aluminium Intraday – SELL 2 lot Aluminium at CMP 134.80 for Small Target 134.0 with Small SL Above 135.70AFTER POST CONTENT Read More
Royal Road Minerals (CVE:RVR) CEO Tim Coughlin tells Proactive Investors that the company's most intense exploration activity right now is at its Golden Triangle Project in Nicaragua, where he says some "pretty exciting" discoveries have led the focus away from vein-style mineralization and on to what he says may be the source of those veins.Coughlin also says Royal Road will focus its drill atten...Read More
CRM stock is slipping after the cloud concern said it is buying MuleSoftSalesforce.com, Inc. (NYSE:CRM) said it is purchasing San Francisco-based software firm MuleSoft (MULE) in a cash-and-stock deal valued at roughly $6.5 billion, which includes debt. And while most analysts are upbeat over the buyout -- with Canaccord Genuity calling the deal a "good outcome for shareholders" and Barclays boost...Read More
BERLIN (Reuters) - German Chancellor Angela Merkel on Wednesday sharply criticized U.S. President Donald Trump’s plan to introduce tariffs on steel and aluminum imports and warned Washington that the European Union was ready to take countermeasures if necessary.“We consider these tariffs unlawful,” Merkel told lawmakers in the Bundestag lower house of parliament, adding that Germ...Read More
(Reuters) - DZ Bank was the third Wall Street brokerage this week to make a rare cut in price targets for Facebook Inc (FB.O) on Wednesday as the social network’s shares slid for a third day in response to a row over data use by Cambridge Analytica.The brokerage cut its target for the California-based firm by $20 to $210, still way above the current share price of $165 but adding to signs th...Read More