* PREVIOUS TRADING SESSION MOVES:* SSEC +0.2 pct, CSI300 +0.2 pct, HSI +0.3 pct* HK->Shanghai Connect daily quota used 8 pct, Shanghai->HK daily quota used 18.2 pct* HK->Shenzhen Connect daily quota used 12.1 pct, Shenzhen->HK daily quota used 7.1 pct* CNY official close 6.4887 per dollar* FTSE China A50 +0.6 pct, BNY Mellon ADR China Select Index +0.3 pct SHANGHAI, Jan 8 (Reuters) -...Read More
Jan 8 (Reuters) - For other diaries, please see:Top Economic Events Polling Unit Diary Today in Washington Political and General News DATECOUNTRY AUCTION DETAILS8-JanFranceAuction of BTF Treasury notes8-JanNetherlands DTC auction9-JanUnited States Sale of 3-year notes9-JanUnited KingdomAuction of 1 1/4 % Treasury Gilt 20279-JanNetherlands DSL auction 10-JanUnited States Sale of 10-year notes 10-J...Read More
Jan 8 (Reuters) -For other diaries, please see:U.S. Federal Reserve Polling Unit Diary Today in Washington Political and General News -----------------------------------------------------------This Diary is fileddaily. ----------------------------------------------------------- MONDAY, JANUARY 8BRUSSELS - The European Commission holds a conference and its speakers include EU Commission head Jean-C...Read More
Jonathan Spicer, Howard SchneiderPHILADELPHIA (Reuters) - The Federal Reserve should raise interest rates three times this year given the already strong economy will get a boost from tax cuts, and can tighten more or less aggressively if needed, a key U.S. rate-setter said on Saturday.In an interview, San Francisco Fed President John Williams painted a benign picture of the world’s largest e...Read More
China is pushing to limit consumption of coal, which is used to produce most of its electricity.Read full newsRead More
WASHINGTON (Reuters) - U.S. President Donald Trump’s tweet about having a bigger nuclear button than Kim Jong Un’s has kept the North Korean leader “on his toes” and made clear the risks of a nuclear standoff, U.S. Ambassador to the United Nations Nikki Haley said on Sunday.After Kim asserted that he had a nuclear button at the ready, Trump last week dismissed the taunt by...Read More
A prospective rare earths mine that could become a longterm supplier of neodymium and praseodymium has been green-lighted by the state Environmental Protection Authority (EPA).Arafura Resources (ASX:ARU) on Friday received approval from the Northern Territory Environment Protection Authority (EPA), after an assessment process lasting more than two years. The EPA found that the risks from mining...Read More
A tanker carrying Iranian oil and run by the country's top oil shipping firm was ablaze and spewing cargo into the East China Sea on Sunday after colliding with a Chinese freight ship, leaving the tanker's 32 crew members missing, the Chinese government said.Read full newsRead More
SYDNEY, Jan 8 (Reuters) - Australia on Monday said it expects iron ore prices to average $51.50 a tonne this year, down 20 percent from 2017, because of rising global supply and moderating demand from top importer China as its steel sector shrinks.The world's top three mining companies, BHP and Vale rely heavily on iron ore sales for the bulk of their revenue despite efforts to diversify more int...Read More
Jan 8 (Reuters) - Australian shares are poised to extend gains to a fourth straight session on Monday after touching 10-year highs last week, following a strong leads from Wall Street.The S&P 500 and Nasdaq notched their best weekly gains in more than a year on Friday as technology stocks helped lift major indexes to records. The local share price index futures rose 0.3 percent or 18 points to...Read More
Jan 8 (Reuters) - Stock MarketsNet ChngStock MarketsNet ChngS&P/ASX 200** 6,122.345.2NZX 50**8,455.55 12.05DJIA**25,295.87220.74NIKKEI**23,714.53208.20Nasdaq**7,136.55858.643FTSE**7,724.22 28.34S&P 500** 2,743.15 19.16 Hang Seng** 30,814.6478.16SPI 200 Fut 6,092.018.0STI** 3,489.45 -11.71SSEC**3,391.750106.0399KOSPI** 2,497.52 31.06----------------------------------------------------------...Read More
In a move that will certainly not end well for investors, the New York Stock Exchange has asked the SEC to approve five ETFs including 2x leveraged and inverse flavors, linked to Bitcoin futures.Read full newsRead More
For months now, deteriorating economic conditions, a worsening humanitarian crisis, and social unrest in Venezuela have threatened the ability of the Maduro regime to govern.. Lack of revenues has put the nation on the brink of default on several occasions and Venezuela's oil production and export volumes have markedly declined. The political crisis has been magnified by President Nicolas Maduro's...Read More
The U.S. is on track to overtake Russia and Saudi Arabia as the world's leading oil producer for the first time since 1975, according to a forecast from Rystad Energy.Read full newsRead More
Jan 8 (Reuters) - Stock MarketsNet ChngStock MarketsNet ChngS&P/ASX 200** 6,122.30 45.20 NZX 50**8,455.55 12.05DJIA25,295.87220.74NIKKEI**23,714.53208.20Nasdaq7,136.55858.64 FTSE**7,724.22 28.34S&P 500 2,743.15 19.16 Hang Seng** 30,814.6478.16SPI 200 Fut 6,092.018STI** 3,489.45 -11.71SSEC**3,392.36 6.65KOSPI** 2,497.52 31.06------------------------------------------------------------------...Read More
(Repeats story first published Friday with no changes to text)By David RandallNEW YORK, Jan 5 (Reuters) - Value stocks are getting a once-over from some U.S. growth fund managers in early 2018 as they prowl for overlooked shares they think have more upside in a market that gained nearly 20 percent last year. Value stocks, so labeled because they typically sport lower price-to-earnings valuations,...Read More
An Iranian oil tanker sailing to South Korea collided with a cargo ship off China's coast and caught fire, leaving at least 32 people missing on Sunday.Read full newsRead More
Cheating and shale will be overcome by compliance.Read full newsRead More
Crew of 32 missing after tanker collides with freighter roughly 300km off the coast of Shanghai.Read full newsRead More
The Panama-registered tanker was sailing from Iran to South Korea, carrying 136,000 tonnes of condensate, an ultra light crude. That is equivalent to just under 1 million barrels, worth about $60 million, based on global crude oil prices.Read full newsRead More