MILAN (Reuters) - Global dividends rose 7.7 percent to an all-time high of $1.25 trillion (1 trillion euros) last year boosted by a buoyant world economy and rising corporate confidence, Janus Henderson (JHG.N) said on Monday, predicting another record year ahead.The surge - the strongest since 2014 - was driven by increases in every region and almost every industry with record showings in 11 coun...Read More
SYDNEY (Reuters) - Australia, the United States, India and Japan are talking about establishing a joint regional infrastructure scheme as an alternative to China’s multibillion-dollar Belt and Road Initiative in an attempt to counter Beijing’s spreading influence, the Australian Financial Review reported on Monday, citing a senior U.S. official.The unnamed official was quoted as saying...Read More
Feb 19 (Reuters) - Gold prices edged up on Monday on a softer U.S. dollar and as investors bought the yellow metal as a hedge against inflation.FUNDAMENTALS* Spot gold rose 0.2 percent to $1,350.51 an ounce at 0120 GMT. It hit a three-week high oft $1,361.76 on Friday.* The metal rose 2.4 percent last week, its best weekly gain since the week ended Sept. 1.* U.S. gold futures slipped 0.2 percent t...Read More
(Kitco News) - The mining sector is still being shunned by investors as there is a general lack of trust in the decision-making process, Reuters reported citing its data.Investors are having trouble forgetting a number “of multi-billion dollar takeovers and expensive development projects” that left them with no profit, Thomson Reuters said in a report.Even several years after the raw m...Read More
LONDON, Feb 19 (Reuters) - British households' gloom about their finances deepened this month, and most now expect borrowing costs to rise again within six months after the Bank of England raised interest rates in November, a survey showed on Monday.Data company IHS Markit said its Household Finance Index, a monthly gauge of financial well-being, fell to a seven-month low of 42.2 from 42.9 in Janu...Read More
* Dollar manages to hold above 3-yr lows after Friday's bounce* Greenback finds bids after last week's rapid, sharp decline By Shinichi SaoshiroTOKYO, Feb 19 (Reuters) - The dollar found some traction on Monday following last week's steep fall and managed to hold above a three-year low against a basket of currencies.The dollar index against a group of six major peers was mostly steady at 89.081 a...Read More
Feb 19 (Reuters ) - For other diaries, please see:Top Economic Events[M/DIARY ]Polling Unit Diary [POLL/DI ARY]Today in Washingt on [WASH/DI ARY]Politica l and General News [POL/DIA RY] DATECOUNTRY AUCTION DETAILS 19-FebNetherlands DTC auction20-FebGermany Auction of 2-year Treasury notes20-FebSpain Auction of 3- and 9-month Treasury bills20-FebUnited States Sale of 2-year notes21-FebUnited State...Read More
Feb 19 (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 -----------------------------------------------------------MONDAY, FEBRUARY 19SYDNEY - Speech by Michele Bullock, RBA Assistant Governor...Read More
Feb 19 (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 -----------------------------------------------------------MONDAY, FEBRUARY 19BRUSSELS - Eurogroup meeting.TUESDAY, FEBRUARY 20** BRUSSELS - ECB Vice Presid...Read More
The biggest gold mine in the European Union is getting a new lease on life, thanks to a shaft sinking project that will increase throughput.Reporting its fourth-quarter and full-year results last Thursday, Agnico Eagle Mines (TSX,NYSE:AEM) said it will invest 160 million euros on expanding its Kittil?? gold mine in Lapland, northern Finland, including the construction of a kilometre-deep mine sha...Read More
* Feb manufacturers' sentiment index +29 vs +35 in Jan* Service-sector index +33 in Feb, unchanged from Jan* Manufacturers' mood seen up ahead, service sector down* Reuters Tankan closely correlates with BOJ tankan By Tetsushi Kajimoto and Izumi NakagawaTOKYO, Feb 19 (Reuters) - Confidence among Japanese manufacturers worsened significantly in February from January's strong reading, the Reuters T...Read More
(Adds Prime Minister quotes)By Paul Sandle and David MillikenLONDON, Feb 18 (Reuters) - Britain could reduce the burden of university fees on students and bring back grants for their living expenses, Prime Minister Theresa May will say on Monday, under pressure to lure younger voters a year after they cost her parliamentary majority.May's predecessor David Cameron, a fellow Conservative, tripled...Read More
(Adds background, interim dividend, capex outlook)Feb 19 (Reuters) - Australian property classifieds website Domain Holdings Australia Ltd said on Monday that it made a loss in its first half as a jump in expenses weighed on earnings.The statutory net loss after tax was A$3.4 million ($2.69 million) for the six months to December, the company said in its first earnings update since being spun off...Read More
Feb 19 (Reuters) - Australian property classifieds website Domain Holdings Australia Ltd said on Monday that it made a loss in its first half as a jump in expenses weighed on earnings.The statutory net loss after tax was A$3.4 million ($2.69 million) for the six months to Dec. 31, the company said in its first earnings update since being spun off by newspaper publisher Fairfax Media Ltd in Novembe...Read More
WELLINGTON, Feb 19 (Reuters) - Growth in New Zealand's services sector eased in January and new orders fell to their lowest in 10 months, a survey showed on Monday.The Bank of New Zealand-Business NZ's seasonally adjusted performance of services index (PSI) edged down to 55.8 from 56 in the previous month. A reading above 50 indicates expansion in activity.The sub-index measuring new orders and bu...Read More
Feb 19 (Reuters) - Australian shares are set to slip mildly at Monday's open, extending a loss incurred on Friday. Australian share price index futures fell about 0.1 percent, or 7 points, to 5,850, a 54-point discount to the underlying S&P/ASX 200 index close. The benchmark lost 0.1 percent on Friday.Meanwhile, New Zealand's benchmark S&P/NZX 50 index fell 0.1 percent in early trade, weig...Read More
Story developed using data from Mining Intelligence. Learn more and schedule a demo.Drill results are important indicators not only for mining and exploration companies, but nearly all stakeholders involved, including existing shareholders and potential investors.While high-grade drill intersects are generally exciting and promising news, a conservative and very rigorous approach is recommended...Read More
Feb 19 (Reuters) - Stock MarketsNet ChngStock MarketsNet ChngS&P/ASX 200** 5,904-4.99 NZX 50**8,125.31 61.98DJIA**25,219.3819.01 NIKKEI**21,720.25255.27Nasdaq**7,239.465-16.965 FTSE**7,294.759.89S&P 500** 2,732.22 1.02Hang Seng** 31,115.43599.83SPI 200 Fut 5,850-7.00 STI** 3,443.51 40.65SSEC**3,199.4757 14.52 KOSPI** 2,421.83 26.64-----------------------------------------------------------...Read More
* U.S. to sell $151 bln in bills, $107 bln in notes* U.S. T-bill, two-year yields hover at highest since 2008* U.S. 5-year yield highest in nearly eight years* Tax cuts, budget deal stoke rise in federal debt issuance By Richard LeongNEW YORK, Feb 18 (Reuters) - Bond investors, who have been on edge over signs of growing inflation and a possibly more aggressive Federal Reserve, will have their wo...Read More
Krishna N. Das, Aditya Kalra, Devidutta Tripathy, Tom LasseterNEW DELHI/MUMBAI (Reuters) - The Punjab National Bank branch in south Mumbai sits just down the road from both the Bombay Stock Exchange and the Reserve Bank of India, at a physical center of one of the world’s fastest growing major economies.The branch, clad in a stately colonial edifice, is now also at the heart of a fraud case...Read More