Mr. Marc Prefontaine reports ORLA ANNOUNCES INCREASE TO BOUGHT DEAL FINANCINGOrla Mining Ltd. has agreed with a syndicate of underwriters led by GMP Securities LP, and including Paradigm Capital Inc., Cormark Securities Inc., TD Securities Inc., Desjardins Securities Inc. and Raymond James Ltd., to increase the size of its previously announced $25.48-million bought deal offering. Pursuant to the u...Read More
* PREVIOUS TRADING SESSION MOVES:* SSEC -1.0 pct, CSI300 -1.8 pct, HSI -0.4 pct* Shanghai->HK daily quota used 28.1 pct* Shenzhen->HK daily quota used 17.2 pct* CNY official close 6.346 per dollar* FTSE China A50 -2.1 pct, BNY Mellon ADR China Select Index -1.5 pct SHANGHAI, Jan 30 (Reuters) - Following is a list of recent corporate and policy announcements, as well as other news that might...Read More
(Adds detail on jobs, household spending, retail sales)* Labour demand at highest in more than 4 decades* Data give unions leverage in push for higher wages* Retail sales rises By Stanley WhiteTOKYO, Jan 30 (Reuters) - Labour demand in Japan rose in December to its highest in more than 40 years, which could give labour unions extra leverage in impending spring wage negotiations. Retail sales ros...Read More
Jan 30 (Reuters) - For other diaries, please see:Top Economic Events Polling Unit Diary Today in Washington Political and General News DATE COUNTRY AUCTION DETAILS 30-JanJapan Auction of 2-year government bonds30-JanItaly Medium- to Long-Term auction30-JanBelgium Auction of Treasury bills31-JanSwedenAuction of Treasury bills31-JanGermany Auction of 5-year Federal notes31-JanNorwayAuction Treasurie...Read More
LONDON, Jan 30 (Reuters) - The confidence of British households rose at the fastest pace in a year in January, suggesting the Brexit-bound economy might hold up better than expected again this year, according to a survey published on Tuesday.Polling firm YouGov and the Centre for Economics and Business Research, a consultancy, said their consumer confidence index rose to 108.2 from 107.1 in Decemb...Read More
Jan 30 (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 ----------------------------------------------------------- TUESDAY, JANUARY 30 ** CHISINAU - National Bank of M...Read More
Jan 30 (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, JANUARY 30PARIS - ECB policymaker Francois Villeroy de Galhau speaks at a Fintech conf...Read More
TOKYO, Jan 30 (Reuters) - Japanese retail sales rose 3.6 percent in December from a year earlier, compared with a median market forecast for a 1.8 percent increase, government data showed on Tuesday.For background, please see this PREVIEW To view full tables, go to the website of the Ministry ofEconomy, Trade and Industry at: (Reporting by Izumi Nakagawa and Stanley White; Editing by Chris Gallagh...Read More
Paul Volker once said that “trees don’t grow to the sky, they never have, and they never will.” He said this in reference to the dynamic U.S. equities markets which were ascending to new highs while he was chairman of the Federal Reserve.Simply put, even the most bullish markets tend to move higher in a cycle. Throughout this cycle, prices might take three steps higher at first,...Read More
(Corrects headline to say the jobless rate rose)TOKYO, Jan 30 (Reuters) - Japan's jobless rate rose to 2.8 percent in December and the availability of jobs hit the highest level in nearly 44 years, government data showed on Tuesday. The seasonally adjusted unemployment rate rose from 2.7 percent in November, data from the Internal Affairs ministry showed. Economists' median forecast was for the j...Read More
Gold prices declined on Monday, dragged down by a stronger dollar, with the latter underpinned by higher US yields and profit taking ahead of major economic events. After hitting multi-year lows, the US dollar managed to recover some ground over the last sessions, while the yield on 10-year US Treasury notes reached its highest level since April 2014. Against this backdrop, the yellow metal spot f...Read More
TOKYO, Jan 30 (Reuters) - Japanese household spending fell 0.1 percent in December from a year earlier in price-adjusted real terms, government data showed on Tuesday, compared with economists' median estimate of a 1.7 percent increase.For background, please see this PREVIEW To view the data on the website of the Ministry of Internal Affairs and Communications: (Reporting by Sumio Ito and Stanley...Read More
(Updates prices, adds Colombia rate cut)By Bruno FederowskiSAO PAULO, Jan 29 (Reuters) - Latin American currencies weakened on Monday as prospects of tighter monetary policy throughout developed markets drove investors away from high-yielding assets.Dutch central bank president Klaas Knot said on Sunday that "there is no reason whatsoever" for the European Central Bank (ECB) to continue...Read More
By Samuel Shen and John RuwitchSHANGHAI, Jan 30 (Reuters) - Chinese asset managers, seeking to get ahead of an expected wave of foreign money inflows, are racing to launch index funds that place bets on a select group of mainland stocks, which will be included in MSCI's emerging market benchmark this year.The first such product to follow MSCI's inclusion announcement in June is Truvalue Asset Mana...Read More
(Adds comment about Cadia mine, performance at Lihir)Jan 30 (Reuters) - Newcrest Mining Ltd's second-quarter gold production fell 0.3 percent from a year ago but rose 17.2 percent over the prior quarter, driven by increased production at Cadia, Lihir, Bonikro and Telfer.Newcrest said total gold output from its mines in Australia, Indonesia, Papua New Guinea and Ivory Coast fell to 612,695 ounces...Read More
Two big themes last week at Inside ETFs, the Comic-Con of exchange-traded funds attended by more than 2,300 advisors and investors, were innovation and disruption. Like all other industries, the investing world has seen its fair share of disruption in the past quarter-century-think indexing, passive investing, the rise of robo-allocation and now blockchain and cryptocurrencies. This year marks the...Read More
Susan CornwellWASHINGTON (Reuters) - As the U.S. Congress limps toward the likely passage next week of another stopgap spending bill to avert a government shutdown, a Washington think tank has estimated the federal budget deficit is on track to blow through $1 trillion in 2019.If it does, it would be the first time since 2012 the U.S. economy will have to support a deficit so large, highlighting a...Read More
Jan 30 (Reuters) - Newcrest Mining Ltd second-quarter gold production fell 0.3 percent from a year ago but rose 17.2 percent over the prior quarter driven by increased production at Cadia, Lihir, Bonikro and Telfer.Newcrest said total gold outputfrom its mines in Australia, Indonesia, Papua New Guinea and Ivory Coast fell to 612,695 ounces in thequarter ended Dec. 30 from 614,715 ouncesa year ago,...Read More
Jan 30 (Reuters) - Evolution Mining Ltd said on Tuesday second-quarter gold output fell 14.4 percent following the sale of a mine in September, but expects full-year production to be in the upper range of guidance.Gold production fell to 186,488 ounces in the December quarter from 217,812 ounces a year earlier, in line with the company's forecast of 180,000 to 190,000 ounces, the gold miner said i...Read More
(Updates to close, adds details)Jan 29 (Reuters) - Canada's main stock index fell on Monday, touching a six-week low as energy and other resource shares tumbled alongside commodity prices.* The Toronto Stock Exchange's S&P/TSX composite index ended down 144.5 points, or 0.89 percent, at 16,094.72.* The index hit a session low of 16,090.66, its weakest intra-day level since Dec. 15. All but on...Read More