By Swati PandeySYDNEY, Feb 13 (Reuters) - The Australian and New Zealand dollars paused on Tuesday after climbing for two straight sessions amid a rebound in broader risk sentiment which saw global equities rally strongly.The Australian dollar held at $0.7851, well above the more than one-month trough of $0.7759 made last week. The New Zealand dollar was last at $0.7250, again clear of the recent...Read More

MELBOURNE, Feb 13 (Reuters) - S&P on Wednesday raised its long-term issuer credit rating on global miner Rio Tinto to 'A' from 'A-' on the back of the miner's strong financial results and said the rating outlook is stable."The upgrade reflects Rio Tinto's journey of strengthening its balance sheet and living by its financial policy for the past two years," S&P said. (Reporting b...Read More

MELBOURNE, Feb 13 (Reuters) - S&P on Wednesday raised its long-term issuer credit rating on global miner Rio Tintoto 'A' from 'A-' on the back of the miner's strong financial results and said the rating outlook is stable."The upgrade reflects Rio Tinto's journey of strengthening its balance sheet and living by its financial policy for the past two years," S&P said. (Reporting by...Read More

Feb 13 (Reuters) - For other diaries, please see:Top Economic Events Polling Unit Diary Today in Washington Political and General News DATECOUNTRY AUCTION DETAILS13-FebItaly Medium-long term auction13-FebSpain Auction of 6- and 12-month Treasury bills14-FebGermany Auction of 30-year Federal bonds14-FebJapan Auction of 5-year government bonds15-FebJapan 3-month discount bill auction15-FebSpain Bond...Read More

(Adds details about stock market performance)By Laila KearneyNEW YORK, Feb 12 (Reuters) - California Public Employees' Retirement System (CalPERS), the largest U.S. public pension fund, lost 4.6 percent in value during the stock market's recent tumble, and investment risks are expected to persist, officials said on Monday.The drop in stocks from an all-time high on Jan. 26 to Friday followed a bo...Read More

Feb 13 (Reuters) - For other diaries, please see:Top Economic Events Government Debt Auctions Political and General News Events Index of All Diaries Guide to Economic Indicators -----------------------------------------------------------This Diary is filed daily. Indicates new events ----------------------------------------------------------- WEDNESDAY, FEBRUARY 14JAKARTA - Indonesia Central Bank...Read More

Feb 13 (Reuters) -For other diaries, please see:U.S. Federal Reserve Polling Unit Diary Today in Washington Political and General News ----------------------------------------------------------- This Diary is filed daily. ** Indicates new events ----------------------------------------------------------- TUESDAY, FEBRUARY 13 ** NEW YORK CITY - Top Wall Street executives will be speaking at the Cre...Read More

The 2018 Olympic Winter Games have officially begun, and this year's event has an interesting connection to the mining industry.Read full newsRead More

TOKYO, Feb 13 (Reuters) - Japanese Finance Minister Taro Aso said on Tuesday the next governor of the Bank of Japan would need English skills to deal with global financial issues.Aso, speaking to reporters, said the governor would also need communication skills to explain Japan's monetary policy in parliament and have stamina to travel overseas.Media reports over the weekend, confirmed by a source...Read More

SHANGHAI, Feb 13 (Reuters) - China's banks are under pressure to keep the scale of new yuan lending constant this week as regulators try to curb loan growth ahead of the Lunar New Year holiday, financial magazine Caixin reported late on Monday, citing banking sources. New loans in China reached a record 2.9 trillion yuan($458.5 billion) in January, nearly five times higher than the previous month,...Read More

The Prospectors & DevelopersAssociation of Canada (PDAC) is best known for its annual convention,bringing together prospectors, developers, geoscientists, consultants, andmining executives, among others. Considered the mammoth of all miningconferences, this annual event attracts more than 24,000 attendees from morethan 130 countries.The four-day annual convention held yearly inToronto, has gro...Read More

The Prospectors & Developers Association of Canada (PDAC) is best known for its annual convention, bringing together prospectors, developers, geoscientists, consultants, and mining executives, among others. Considered the mammoth of all mining conferences, this annual event attracts more than 24,000 attendees from more than 130 countries. The four-day annual convention held yearly in Toronto,...Read More

(Adds background, Ohio senators' statement)WASHINGTON, Feb 12 (Reuters) - U.S. President Donald Trump will meet with a bipartisan group of lawmakers on Tuesday to discuss trade matters, as he ponders whether to takes steps to limit steel and aluminum imports seen as damaging to U.S. businesses.A month ago the Commerce Department handed Trump the results of its investigation into steel and aluminu...Read More

MACAU, Feb 13 (Reuters) - MGM Resorts opens its $3.4 billion casino resort in the Chinese-controlled territory of Macau on Tuesday, just days ahead of the Lunar New Year holiday, hoping to ride a boom in business in the world's biggest gaming hub.MGM Cotai, which will more than triple the number of MGM's hotel rooms in the former Portuguese colony to 1,972, marks a major expansion into hospitality...Read More

By Laila KearneyNEW YORK, Feb 12 (Reuters) - California Public Employees' Retirement System (CalPERS), the largest U.S. public pension fund, lost 4.6 percent in value during the stock market's recent two-week tumble, and investment risks are expected to persist, officials said on Monday.The drop in stocks from an all-time high on Jan. 26 to last Friday followed a booming year for the market and fo...Read More

Feb 13 (Reuters) - Stock MarketsNet ChngStock MarketsNet ChngS&P/ASX 200** 5,820.700-17.300 NZX 50**8,059.06 DJIA**24,601.27410.37NIKKEI**21,382.62-508.24Nasdaq**6,874.964107.473 FTSE**7,177.06 84.63S&P 500** 2,656.00 36.45 Hang Seng** 29,459.63-47.49SPI 200 Fut 5,77433.00 STI** 3,384.98 7.74SSEC**3,153.5612 23.71040KOSPI** 2,385.38 21.61----------------------------------------------------...Read More

Gold stages an impressive recovery today and, as of 3:30 PM Eastern standard time, is trading up $10.20 (April futures) at $1325.90. This upside spike is truly a combination of both a weaker U.S. dollar along with buyers bidding up the precious yellow metal.According to the Kitco Gold Index, spot gold is currently fixed at $1323.30, which is a net gain of $7.60 on the day. On closer inspection, it...Read More

Gold stages an impressive recovery today and, as of 3:30 PM Eastern standard time, is trading up $10.20 (April futures) at $1325.90. This upside spike is truly a combination of both a weaker U.S. dollar along with buyers bidding up the precious yellow metal.According to the Kitco Gold Index, spot gold is currently fixed at $1323.30, which is a net gain of $7.60 on the day. On closer inspection, it...Read More

(Adds quotes, details, context)SYDNEY, Feb 13 (Reuters) - Australia's central bank on Tuesday cautioned that any pick up in wage growth was likely to be slow and protracted, weighing on household incomes and spending power amid high levels of debt.Reserve Bank of Australia (RBA) Assistant Governor Luci Ellis said policy makers were a little more confident that wages and inflation would eventually...Read More

Jason LangeWASHINGTON (Reuters) - U.S. President Donald Trump with his budget proposal raises his bet that he will boost the economy before high inflation and interest rates get in the way.Congress has already given him tax cuts and increased deficit spending that is expected to stimulate the economy.But here’s the risk: Trump’s stimulus could boost hiring without triggering the kinds...Read More