In early January, the world got the first peer-reviewed look at what could be the future of medicine.Specifically, I'm referring to the discovery of a new gene therapy treatment that controls embryonic healing processes.The genes that built you in the womb are still in your genome as an adult. And they can be reactivated to rebuild organs and tissues to their original youthful health.This could en...Read More
As I told you on Tuesday, I've been doing my own taxes for the last couple decades. And over that time, I've also done my fair share of moving around.The end result is that I've learned first hand what a difference various state tax systems can make to someone's overall financial picture.For example, when my wife and I lived in New York City, we suffered under aggressive state - and city! - tax ra...Read More
Nine years ago, everyone gave up on the stock market.The major averages were sliced in half. Cash was the market's only haven. After enduring a harrowing season of never-ending crashes during the heart of the 2008 financial crisis, stocks were once again falling off a cliff in March 2009.That's when everything changed.On Tuesday, March 6, 2009, the S&P 500 etched its intraday low - an ominous...Read More
“Oh yeah? Well, I’m going to charge you extra for every piece of steel you send our way!”“Really? Try this: We’re not going to sell any more Harley Davidson’s in our country!!”“Fine!! See how you like it when we don’t buy any of your fancy BMW’s or Audi’s!!!”“Well in that case, we’re going to ban Levi’s jeans...Read More
Key event details:Gold- All that Glitters11th March 2018 12.15 -12.55Gold has come to prominence of late, either as an underlying asset or an asset class in itself. We take a closer look at recent financial products structured on or around gold and ask if the upward trend is set to continue. Moderator: Mohammed Paracha, Partner, Head of Islamic Finance - Middle East & Africa, Norton Rose...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business ReporterThe TSX Venture Exchange dropped 11.63 points to 831.94 Wednesday. Roger Daher's Skyscape Capital Inc. (SKY) completed its qualifying transaction yesterday, following an initial public offering of $500,000 at 50 cents. The stock has ye...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business ReporterNew York spot gold fell $9.30 to $1,324.90 on Wednesday. The TSX Venture Exchange lost 11.63 points to 831.94 while the TSX Gold Index fell 3.89 points to 181.95. Klondex Mines Ltd. (KDX) led Canadian gold miners lower today, dropping...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Will PurcellThe diamond and specialty minerals stocks box score for Wednesday was a poor 59-94-137. The TSX Venture Exchange fell 11 points to 831 while rough diamond prices gained 0.2 per cent. Lukas Lundin and Eira Thomas's Lucara Diamond Corp. (LUC) traded act...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Mike CaswellThe Alberta Securities Commission has found against a Calgary man and his assistant for an 11-year fraud that raised at least $137-million. The ASC says that the man solicited investors on the basis that they would be putting their money into instrume...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business Reporter West Texas Intermediate crude for April delivery gained three cents to $62.60 on the New York Merc, while Brent for May gained 25 cents to $65.79 (all figures in this para U.S.). Western Canadian Select traded at a discount of $24.30...Read More
The latest news and price moves to start the Asian day on Thursday March 8.Base metals prices on the London Metal Exchange slumped by the 5pm close on Wednesday March 7, with a sell-off spurred by uncertainty stemming from the latest developments over the United States' Section 232 probe. Read more in our live futures report.Here are how LME prices looked at Wednesday's close:Europe's largest copp...Read More
Northern Star Resources (ASX: NST) announced today that it has agreed to pay Westgold Resources (ASX: WGX) $62.6 million for the South Kalgoorlie mine, located about 50 kilometres from its Kundana operations in Western Australia.In a press release, Northern Star explained that the acquisition comprises the project's operating processing facility, which has an annual throughput capacity of 1.2 mill...Read More
India is planning a tenfold increase in uranium production over the next 15 years, Minister of State Jitendra Singh told the country's parliament yesterday. State company Uranium Corporation of India Ltd (UCIL) has outlined expansion plans to meet the Department of Atomic Energy's (DAE) vision of achieving self-sufficiency in uranium production.In answer to questions in the Lok Sabha, Singh said U...Read More
Aluminium's three-month price recovered above $2,100 per tonne at the 5pm close on Thursday March 8, with all eyes on the United States' expected tariff announcement. President Donald Trump is expected to announce the official Section 232 import tariffs after 8pm London time, which held the aluminium three-month price steady throughout the day. It closed $8 higher at $2,106 per tonne. Tin was the...Read More
The United States is expected to announce the official Section 232 import tariffs in the next five hours - keep up to date with all the 232-related news.To see...Read More
Comex copper prices softened to the lowest point since mid-February on Thursday March 8 amid ongoing uncertainty relating to US steel and aluminium tariffs. Copper for May settlement on the Comex division of the New York Mercantile Exchange dipped 5.20 cents or 1.7% to $3.0820 per lb. Earlier today, the contract touched $3.0795, the lowest since February 12. Questions over US trade policy and poss...Read More
Glencore Canada Corp is to supply Noranda Income Fund with all of its zinc concentrate requirements and purchase all the fund's zinc metal for a four-year period ending April 30, 2022. Noranda Income Fund said that until April 30 2019 it will buy the zinc concentrate and sell the zinc metal based on fixed market terms for both concentrate and metal. After that, terms will be agreed annua...Read More
Representatives of the Democratic Republic of Congo (DRC) mining industry are to start discussions on the mining code with the country's government following a meeting with the DRC president this week. The purpose of the meeting, which took place on Wednesday March 7, was to clarify certain aspects of the country's proposed new mining code. The code was passed by both houses of parliament in Janua...Read More
Announcement from Aurora Cannabis Inc. (TSX:ACB) comes after Canopy Growth (TSX:WEED) hinted at a NASDAQ listingSmallCapPower | March 8, 2018: Aurora Cannabis Inc. (TSX:ACB), one of the leading cannabis companies in Canada, aims to get listed on an international exchange and is exploring options for the same. Among others, Aurora Cannabis is considering listing its shares on the Nasdaq, the New Yo...Read More
Stainless cold-rolled coil prices in East Asia widened over the past week with offers from China and Taiwan going in opposite directions, while those for stainless hot-rolled sheet narrowed on thin trading.Metal Bulletin's assessment of prices for benchmark 304 stainless 2mm trimmed CRC was $2,235-2,350 per tonne cif East Asian ports for the week ended Wednesday March 7, widening from $2,250-2,330...Read More