Investors are betting there's more to come from commodities after a surge in industrial metals and oil prices.Read full newsRead More
Indian oil consumption in 2017 grew at its slowest in four years, according to government statistics, hit by the government's demonetisation move and a tax increase that knocked the gain in fuel use back to a modest 2.3%.Read full newsRead More
California's last nuclear power plant - Diablo Canyon, whose contentious birth helped shape the modern environmental movement - will close in 2025, state utility regulators decided Thursday.The unanimous vote by the California Public Utilities Commission will likely bring an end to nuclear energy's long history in the state. State law forbids building more nuclear plants in California until the fe...Read More
Kitco News talks with some of the most influential gold market analysts, economists, investors and mining CEOS to get their take on the industry and financial markets and the global economyRead full newsRead More
CloseGain/LossGold $1321.80+$4.40Silver$16.98UNCHXAU87.04+1.13%HUI195.52+0.64%GDM653.12+0.43%JSE Gold1325.12+12.06USD91.90-0.42Euro120.32+0.75Yen90.03+0.24Oil$63.80+$0.2310-Year2.536%-0.016T-Bond150.3125+0.25Dow25574.73+0.81%Nasdaq7211.78+0.81%S&P2767.56+0.70% The Metals: Gold edged down to $1315.70 in Asia, but it then chopped up to as high as $1323.90 in New York and ended with a gain of...Read More
- Gold prices rise to $1,326/oz on concerns China may slow U.S. Treasury buying- Equities fell sharply on the report as did Treasurys and the U.S. dollar- Chinese officials think U.S. debt is becoming less attractive compared to other assets- Trade tensions could provide a reason to slow down or halt U.S. debt purchases- U.S. dollar vulnerable as China remains biggest buyer of U.S. sovereign de...Read More
In my view there is nothing special about China's intention of reducing US treasury investment. This was bound to happen much earlier. China is "thee" happening place for the global financial service industry. It has opened up its economy for global investors. China is moving towards a service oriented growth from a manufacturing growth. Chinese moves economically or geopolitically is antagonizi...Read More
CloseGain/LossGold $1321.80+$4.40Silver$16.98UNCHXAU87.04+1.13%HUI195.52+0.64%GDM653.12+0.43%JSE Gold1325.12+12.06USD91.90-0.42Euro120.32+0.75Yen90.03+0.24Oil$63.80+$0.2310-Year2.536%-0.016T-Bond150.3125+0.25Dow25574.73+0.81%Nasdaq7211.78+0.81%S&P2767.56+0.70% The Metals: Gold edged down to $1315.70 in Asia, but it then chopped up to as high as $1323.90 in New York and ended with a gain of...Read More
- Gold prices rise to $1,326/oz on concerns China may slow U.S. Treasury buying- Equities fell sharply on the report as did Treasurys and the U.S. dollar- Chinese officials think U.S. debt is becoming less attractive compared to other assets- Trade tensions could provide a reason to slow down or halt U.S. debt purchases- U.S. dollar vulnerable as China remains biggest buyer of U.S. sovereign de...Read More
In my view there is nothing special about China's intention of reducing US treasury investment. This was bound to happen much earlier. China is "thee" happening place for the global financial service industry. It has opened up its economy for global investors. China is moving towards a service oriented growth from a manufacturing growth. Chinese moves economically or geopolitically is antagonizi...Read More
TORONTO, ONTARIO--(Marketwired - Jan. 11, 2018) - Uranium Participation Corporation ("UPC" or the "Corporation") (TSX:U) today filed its Financial Statements and Management's Discussion & Analysis ("MD&A") for the period ended November 30, 2017. Both documents can be found on the Company's website (www.uraniumparticipation.com) or on SEDAR (www.sedar.com). The highlights provided below are derived...Read More
(Adds detail on current category of Alphabet and Facebook)By Noel RandewichSAN FRANCISCO, Jan 11 (Reuters) - S&P Dow Jones Indices and MSCI said on Thursday they would rename their Telecommunication Services Sector and add Comcast Corp , Netflix , Facebook and Alphabet to the newly broadened category. In an overhaul of the Global Industry Classification Standard, or GICS, an industry taxonomy...Read More
WASHINGTON, Jan 11 (Reuters) - The U.S. Commerce Department said on Thursday it had completed its probe into whether imports of certain steel products threatened U.S. national security and sent its conclusions to President Donald Trump.In a statement that offered no indication of the investigation's findings, the Commerce Department said Trump now has 90 days to decide "on any potential acti...Read More
* ECB minutes say policymakers could revisit message soon* Yen on track for steep weekly gain after BOJ bond tweak* Bitcoin pressured by South Korean cryptocurrency ban plan By Lisa TwaroniteTOKYO, Jan 12 (Reuters) - The dollar slumped against rivals on Friday on the back of weak factory inflation data, while the euro enjoyed solid support after the European Central Bank hinted that it could be g...Read More
You have reached your limit of free weekly articles. You will receive access to another article next week. Subscribe for as low as $2.19 per...Read full newsRead More
(Adds details on companies included in changes)By Noel RandewichSAN FRANCISCO, Jan 11 (Reuters) - S&P Dow Jones Indices and MSCI said on Thursday they would rename their Telecommunication Services Sector and add Comcast Corp , Netflix , Facebook and Alphabet to the newly broadened category. In an overhaul of the Global Industry Classification Standard, or GICS, an industry taxonomy widely use...Read More
(Adds comments from central bank and analyst, context)LIMA, Jan 11 (Reuters) - Peru's central bank lowered the benchmark interest rate to 3 percent as widely expected on Thursday, citing disappointing government spending in the fourth quarter and weak economic growth that was starting to dampen inflation.The decision follows a sharp drop in business expectations for growth following a political c...Read More
* NZ November dwelling consents rise 10.4 pct* Reverses sharp drop in previous month* Points to much needed pick-up in development - economists (Recasts, adds economist comment, market reaction)WELLINGTON, Jan 12 (Reuters) - New Zealand residential building approvals bounced in November after a sharp drop the previous month, quelling concerns housing development had run out of steam as the governm...Read More
* PREVIOUS TRADING SESSION MOVES:* SSEC +0.1 pct, CSI300 -0.1 pct, HSI +0.1 pct* Shanghai->HK daily quota used 11.2 pct* HK->Shenzhen Connect daily quota used 2.4 pct, Shenzhen->HK daily quota used 5.6 pct* CNY official close 6.4978 per dollar* FTSE China A50 -0.2 pct, BNY Mellon ADR China Select Index +1.1 pct SHANGHAI, Jan 12 (Reuters) - Following is a list of recent corporate and poli...Read More
President Trump is set decide whether to re-certify the Iran deal today.Read full newsRead More