AMSTERDAM (Reuters) - The European Central Bank (ECB) should make it clear how it will end its asset purchases as soon as possible after the current bond buying program ends in September, Dutch central bank president Klaas Knot told Dutch current affairs program Buitenhof on Sunday.“There is no reason whatsoever to continue the programme”, Knot said. “I feel that we need to be cl...Read More
David Ljunggren, David LawderMONTREAL (Reuters) - Canadian Prime Minister Justin Trudeau on Sunday set aside the nation’s nonpartisan efforts to defend NAFTA, accusing his main rivals in Parliament of wanting to give in to hardline U.S. demands for revamping the treaty.Officials from the United States, Canada and Mexico will wrap up the sixth of seven planned rounds of talks on the North Ame...Read More
VANCOUVER, BC-(Marketwired - January 26, 2018) - SolidusGold Inc. (the "Company") (TSX VENTURE: SDC)Not for distribution to United States newswire services or for dissemination in the United StatesSolidusGold Inc. (the "Company") (TSX VENTURE: SDC) is pleased to announce that it intends to raise up to $375,000 through a non-brokered private placement of up to 3,571,429 units at a price of $0.105 p...Read More
Liberty Gold Corp. (TSX:LGD) ("Liberty Gold" or the "Company") is pleased to announce that it has completed its previously announced bought deal private placement (the "Private Placement") of units (the "Units").Pursuant to the Private Placement the Company issued 24,938,426 Units at a price of $0.42 per Unit for gross proceeds to the Company of $10,474,138.92. The Units consist of one common shar...Read More
Jan 29 (Reuters) - Stock MarketsNet ChngStock MarketsNet ChngS&P/ASX 200** 6,050.00 -4.70 NZX 50**8,311.42 -58.36DJIA26,616.71223.92NIKKEI**23,631.88-37.61Nasdaq7,505.77294.61 FTSE**7,665.54 49.70S&P 500 2,872.87 33.62 Hang Seng** 33,154.12499.67SPI 200 Fut 6,015.030.0STI** 3,567.14 -5.48SSEC**3,559.09 10.78 KOSPI** 2,574.76 12.53------------------------------------------------------------...Read More
DUBAI, Jan 28 (Reuters) - The Saudi Arabian central bank's foreign reserves rose in December for a third consecutive month, a sign that higher oil prices may be easing pressure on the government's finances, official data showed on Sunday.The bank's net foreign assets grew $2.0 billion from November to $488.9 billion last month, after increasing $1.0 billion in November and $8.3 billion in October....Read More
Story developed using data from Mining Intelligence. Learn more and schedule a demo.Most Toronto-based miners have addresses on Bay Street while Vancouver miners are evenly split between Hastings and Pender streets.Despite the commodity price shake out in 2015 and 2016, miners have mostly hung onto their downtown addresses."The mining sector occupies a large footprint in office and commercial sp...Read More
(Updates status of NAFTA talks in paragraph 13)By Sinead CarewJan 28 (Reuters) - Anybody hoping for a replay of the stock market advance that followed U.S. President Donald Trump's first address to Congress may be disappointed. This time around, shares could suffer if Trump does not tread carefully on hot-button issues. The S&P 500 jumped 1.4 percent the day after Trump's speech last February,...Read More
The last two editions of the World Economic Forum were somber affairs for oil industry chieftains and commodities tycoons. The consensus in Davos was that oil was going to stay low, OPEC would fail to lift prices, and the mining industry faced a difficult time.Roll forward to 2018 and there's been a near-universal shift in sentiment as strong and synchronized global economic growth drives demand f...Read More
CAIRO, Jan 28 (Reuters) - Average yields on Egypt's three- and nine-month treasury bills fell at an auction on Sunday, central bank data showed.Yields on the 91-day bills slipped to 18.006 percent from 18.362 at the last sale, while yields on the 266-day bills also eased to 17.080 percent from 17.563 percent. (Reporting by Nadine Awadalla; Editing by Catherine Evans) Disclaimer: The views expres...Read More
(Adds more comments)AMSTERDAM, Jan 28 (Reuters) - The European Central Bank (ECB) should make it clear how it will end its asset purchases as soon as possible after the current bond buying programme ends in September, Dutch central bank president Klaas Knot told Dutch current affairs programme Buitenhof on Sunday."There is no reason whatsoever to continue the programme", Knot said. &quo...Read More
By Tom ArnoldDUBAI, Jan 28 (Reuters) - Commercial Bank of Qatar (CBQ), the Gulf state's third-largest lender by assets, is in talks with banks about a syndicated loan of up to $500 million, two sources familiar with the matter told Reuters.Raising money through a loan was one option open to the bank, which was also considering bonds as part of its normal funding pattern, one of the sources said.Qa...Read More
AMSTERDAM, Jan 28 (Reuters) - The European Central Bank (ECB) should end its asset purchases as soon as possible after its current bond buying programme ends in September, Dutch central bank president Klaas Knot told Dutch current affairs programme Buitenhof on Sunday."There is no reason whatsoever to continue the programme", Knot said. "I feel that we need to be clear about this.&q...Read More
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
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
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
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