DUBAI, Jan 28 (Reuters) - Shares in Saudi Arabia's Kingdom Holding soared in early trade on Sunday after owner Prince Alwaleed bin Talal was released from detention, but top petrochemical producer Saudi Basic Industries fell on weak fourth-quarter earnings.The Saudi stock index was flat after an hour but rising stocks outnumbered losers in a ratio of about two to one.The release of Prince Alwaleed...Read More
Local inhabitants have long taken advantage of these riches. They pan for gold in Asosa's streams and also extract the precious metal directly from outcropping rocks.Read full newsRead More
DUBAI, Jan 28 (Reuters) - Shares in Riyadh-listed international investment company Kingdom Holding soared at the opening on Sunday after the company's owner, Prince Alwaleed bin Talal, was released after being detained for over two months in a corruption probe.The stock immediately jumped its 10 percent daily limit to 10.04 riyals in unusually active trade. Shares in Saudi fashion retailer Fawaz A...Read More
By Devidutta Tripathy and Manoj KumarMUMBAI/NEW DELHI, Jan 28 (Reuters) - India's government may look to raise as much as a record 1 trillion rupees ($15.7 billion) from the sale of state assets in the next fiscal year to help meet tough fiscal deficit limits while giving it room to boost spending and woo voters before general elections that must be called by early 2019.Investment bankers and econ...Read More
CAIRO, Jan 28 (Reuters) - INTEREST RATESLatestLast change PreviousCentral18.75 06/07/1716.75 bank o/n depositCentral19.75 06/07/1717.75bank o/n lendingCentral19.25 06/07/1717.25bank discount rate MONTHLY DATA _____________ Month Pvs Yr agoUrban 21.92623.3consumerDecemberprices(year-on-year,pct change) CoreinflatioDecember19.8625.53 25.86n (year-on-year,pct change) Foreign December37.02036.72324....Read More
From Chris Kimble: The past 11 and 7 years respectively have not been kind to the Euro and Gold, as each has created a series of lower highs and lower lows forRead full newsRead More
“This must be the most Instagrammed greenhouse in the world”, Clark Moorten, the 74-year-old owner of Moorten Botanical Garden says, leading me to a rather ramshackle structure that possesses another sign:Read full newsRead More
Ron Struthers of Struthers Resource Stock Report discusses the downfall of cryptocurrencies and the rise of gold, and presents four gold companies he is adding to his selection list.Read full newsRead More
JUNEAU - The U.S. Environmental Protection Agency on Friday halted plans to withdraw proposed restrictions on mining activity near a major Alaska salmon fishery, drawing praise from opponents of theRead full newsRead More
Scott Pruitt's decision maintains the Obama-era stance that the operation could harm world's largest sockeye salmon fishery.Read full newsRead More
VANCOUVER - Quarterly gold production at SSR Mining Inc.'s Nevada mine rose in the fourth quarter of 2017, the company reported in results released mid-January. Overall, SSR met or exceededRead full newsRead More
While its 8.4% yield will certainly draw the attention of income seekers, its bargain-basement price could make value investors a mint.Read full newsRead More
DUBAI, Jan 28 (Reuters) - The release of Kingdom Holding head Prince Alwaleed bin Talal and other senior businessmen from detention in Saudi Arabia's corruption probe at the weekend may boost that country's stock market on Sunday.Saudi officials said the men reached financial settlements with authorities, but terms were not disclosed and Prince Alwaleed said he had continued to maintain his innoce...Read More
While its 8.4% yield will certainly draw the attention of income seekers, its bargain-basement price could make value investors a mint.Read full newsRead More
McClellan Financial Publications, IncPosted Jan 27, 2018January 25, 2018Bitcoin and the other cryptocurrencies have captured the hearts of millennial speculators around the world.Their grandfathers may have traded gold during the run-up to gold’s big blowoff top in 1980, and their parents may have traded Internet stocks in the late 1990s, but the young hipsters want to play a more modern bub...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 ReporterWest Texas Intermediate crude for March delivery gained 63 cents to $66.14 on the New York Merc, while Brent for March gained 10 cents to $70.52 (all figures in this para U.S.). Western Canadian Select traded at a discount of $26.75 to...Read More
Garibaldi ResourcesPopular junior mining stock Garibaldi Resources receives some harsh comments from Brent Cook at the 2018 Vancouver Resource Investment Conference.At the Vancouver Resource Investment conference on Sunday, January 21 at 1pm conference host Marin Katusa hosted a panel called A Big Scam or The Big Score?Panelists included Brent Cook and Frank Curzio.Host Marin Katusa asked them que...Read More
There is no history to suggest this is sustainable. This price move remains the most extreme technical disconnect in the $DJIA ever. - Northman TraderThe U.S. dollar has had the worst January since 1987. There's a lot of reasons why the stock market crashed in October 1987, but the declining dollar was one of the primary catalysts. The rest of the world, led by China, is methodically and p...Read More
More terrifying than monsters, murderers, snakes, and rats: politicians. They create horror stories that go on for decades. And their tales are real.It is not just the likes of Hitler that destroy generations. Countless much more subtle politicians have exerted influence on hundreds of millions of lives for decades after their stint in government. Yet most people don’t even blink an eye at t...Read More