BEIJING, Dec 22 - China's carbon industry will face severe overcapacity from the second-half of 2020, after producers rushed to expand capacity amid fat profit-margins, an official from the China Carbon Industry Association (CCIA) said on Saturday.Carbon products are widely used in sectors such as metallurgy, chemicals, aviation and renewable energy due to their strong resistance to corrosion and...Read More

The struggling stock has been the target of short sellersAuto parts name Aptiv (NYSE:APTV) has been charting a path steadily lower since topping out at a June peak above $103, down almost 40%. The bottom may not be in place yet, though, given the amount of optimism that's currently priced into the underperforming stock. For starters, 16 of 17 analysts covering APTV maintain a "buy" or better rat...Read More

With more than 25 years' experience in the diamond industry - including 19 with De Beers - Stuart Brown was looking for a new opportunity. He found it as the president and CEO of Mountain Province Diamonds (TSX: MPVD; NASDAQ: MPVD)."I was quite excited by this," he said. "I think the mine has good potential, because it's just starting off. I thought I could add a lot of value with my prior rel...Read More

With more than 25 years' experience in the diamond industry - including 19 with De Beers - Stuart Brown was looking for a new opportunity. He found it as the president and CEO of Mountain Province Diamonds (TSX: MPVD; NASDAQ: MPVD)."I was quite excited by this," he said. "I think the mine has good potential, because it's just starting off. I thought I could add a lot of value with my prior rel...Read More

With more than 25 years' experience in the diamond industry - including 19 with De Beers - Stuart Brown was looking for a new opportunity. He found it as the president and CEO of Mountain Province Diamonds (TSX: MPVD; NASDAQ: MPVD)."I was quite excited by this," he said. "I think the mine has good potential, because it's just starting off. I thought I could add a lot of value with my prior rel...Read More

The analyst cited strong growth and M&A potentialThe shares of Roku Inc (NASDAQ:ROKU) are trading up 5.1% today at $28.55, after Needham called the streaming device stock its "Top Pick for 2019." The analyst in coverage cited strong growth potential, and said Roku could be an attractive takeover target.This bullish positioning toward Roku is hardly unusual, with nine of 13 analysts calling the sto...Read More

February crude futures are up more than 6% at middayIn the wake of Monday's historic Christmas Eve sell-off, stock market volatility has flared up once more, with the Dow Jones Industrial Average (DJI) exploring a 366-point trading range on both sides of breakeven so far. After hitting a fresh 15-month low earlier, the blue-chip index was up triple digits most recently, on track to snap a four-da...Read More

Gold is soaring, set for the biggest monthly gain in almost two years after the partial U.S. government shutdown and concerns about the 2019 economic outlook stoked demand for the metal as a haven.Gold futures touched a six-month high as U.S. stocks flirt with a bear market and the shutdown in Washington enters its fifth day amid no signs of progress to resolve the dispute over funding for a wall...Read More

The company cited strong sales of Amazon devicesThe shares of Amazon.com, Inc. (NASDAQ:AMZN) are up 2.8% to trade at $1,382.31, after the tech giant announced record breaking sales for the holiday season -- citing strong demand for Amazon devices. Today's pop puts the FAANG stock on track to snap its four-day losing streak, and potentially log its second win in nine sessions. More broadly, Amaz...Read More

How tax-related short covering can lead to gains in the first week of a new calendar yearShrewd investors can delay paying taxes on profits by a year if they wait until January to sell off their winners. Short sellers who have made money, likewise,can wait until the New Year before covering their shorts. If this phenomenon is prominent enough, then we should be able to identify some potential shor...Read More

The shares are higher today, though, on a $185 million Israeli grantThe shares of Intel Corporation (NASDAQ:INTC) are up 0.2% today to trade at $43.68, after the company inked a $185 million grant with the Israeli government. This comes as part of Intel's larger $5 billion expansion plans in Israel, where the chipmaker is one of the leading exporters and employers. It's been a roughly stretch f...Read More

Reports that AngloGold Ashanti Ltd. is considering a London listing provides some festive cheer to a city that's lost its way as a home for gold miners.While Toronto, Johannesburg and Sydney have long hosted the biggest producers, London vies with New York as the world's premier gold trading hub and its financiers have bankrolled the industry since the development of South Africa's giant gold fiel...Read More

Reports that AngloGold Ashanti Ltd. is considering a London listing provides some festive cheer to a city that's lost its way as a home for gold miners.While Toronto, Johannesburg and Sydney have long hosted the biggest producers, London vies with New York as the world's premier gold trading hub and its financiers have bankrolled the industry since the development of South Africa's giant gold fiel...Read More

Getty ImagesHome prices aren't rising as fast as they were two years ago, but that's not bringing more buyers into the market. The numbers: The S&P/Case-Shiller 20-city index rose a seasonally adjusted 0.4% in October but in a clear sign of the housing market's recent struggles the increase in prices over the past 12 months slipped to the lowest level in two years. The year-over-year advance...Read More

Other than being the country where Cuban revolutionary Che Guevara was killed, most North Americans know little about Bolivia.The landlocked country is surrounded by Peru, Brazil, Paraguay, Argentina and Chile. Today, it is South America's poorest nation. But in the 1960s, Bolivia was going to be the launchpad of Che Guevara's socialist revolution.Ernesto "Che" GuevaraChe's legacyBorn in Argentina...Read More

Oil prices are higher this morning, tooStock futures are trading above fair value this morning, pointing to a recovery from a historically brutal Christmas Eve trading session that pushed the Dow Jones Industrial Average (DJI) to a 15-month low, and the S&P 500 Index (SPX) to the cusp of bear-market territory. Amid what's expected to be another low-volume session, oil prices will be in focus, with...Read More

For the past nine months, a U.S. company that is the world's largest producer of lithium - a key ingredient in electric-car batteries - has been locked in battle with the Chilean government over pricing issues, production quotas and environmental compliance. With no resolution in sight, the fight is sending tremors all the way up the electric vehicle supply chain that provides batteries to Tesla I...Read More

For the past nine months, a U.S. company that is the world's largest producer of lithium - a key ingredient in electric-car batteries - has been locked in battle with the Chilean government over pricing issues, production quotas and environmental compliance. With no resolution in sight, the fight is sending tremors all the way up the electric vehicle supply chain that provides batteries to Tesla I...Read More

The two amateur prospectors spied what they had come looking for- an abandoned mine shaft possibly hiding treasure within. But it wasn't gold or silver the two sought in a rural Nevada ...Read full newsRead More

Base metals prices on the Shanghai Futures Exchange during Asian morning trading on Tuesday December 25 were broadly down led by nickel amid bearishness from a challenging macro-economic environment."The main factor pushing down base metals is the volatile macro-economic environment; last week the US Federal Reserve decided to raise interest rates again and there's still uncertainty over the...Read More