(Adds Fairfax to also sell shares in IPO)June 5 (Reuters) - India's ICICI Bank Ltd and Canada's Fairfax Financial Holdings Ltd will pare their stakes in joint venture insurer ICICI Lombard General Insurance Co Ltd's planned initial public offering (IPO) of shares, the insurer said on Monday.While the size and other details of the IPO will be decided at a future date, ICICI Lombard said the two sh...Read More

* Herbalife falls after cutting current-quarter forecast* Apple slips after rating cut; top drag on all three indexes* Oil prices fall after Arab states cut ties with Qatar* Indexes down: Dow 0.01 pct, S&P 0.05 pct, Nasdaq 0.07 pct (Adds details, changes comment, updates prices)By Tanya AgrawalJune 5 (Reuters) - Wall Street was slightly lower in late morning trading on Monday as Apple dragged down...Read More

(Adds details, quotes, background)By Elena FabrichnayaMOSCOW, June 5 (Reuters) - Russia is considering placing a sovereign Eurobond issue a week after a key rate decision scheduled for June 16, a government source familiar with the plans told Reuters on Monday. Russia's finance ministry returned to the external debt market last year, raising a total of $3 billion in two tranches. VTB Capital, the...Read More

* TSX down 52.07 points, or 0.34 percent, to 15,390.68* All 10 of the TSX's main groups fall By Solarina HoTORONTO, June 5 (Reuters) - Canada's main stock index fell on Monday as financial stocks dipped amid signs of cooling in Toronto's overheated housing market and falling oil prices, weakened by concerns of a diplomatic rift in the Middle East, hurt energy stocks. At 11:08 a.m. ET (1508 GMT),...Read More

(Updates prices, adds comments)* Dollar recovers after Friday's fall to 7-month low* ECB expected to take benign view of economy on Thursday* Traders repurchase dollar to square positions* Sterling recovers after London attack* Graphic: World FX rates in 2017 By Sam ForgioneNEW YORK, June 5 (Reuters) - The U.S. dollar rebounded from a near seven-month low against the euro on Monday as traders dou...Read More

By Bruno FederowskiSAO PAULO, June 5 (Reuters) - The Mexican peso firmed to its strongest level in seven months on Monday after the ruling party fended off a leftist challenge in a key state election, reducing expectations of a defeat in the presidential elections next year.The Institutional Revolutionary Party (PRI) looked set to maintain its nine-decade hold over the central State of Mexico, the...Read More

(Kitco News) - Momentum is building on itself inthe gold market as hedge funds and money managers continue to add to their bullishpositioning, driving the price closer to a key psychological level.The disaggregated Commitments of Traders report for the week ending May 30 showed money managers increased their speculative gross long positions in Comex gold futures by 13,411 contracts to 175,304. At...Read More

LONDON, June 5 (Reuters) - Live coverage of European markets now available on cpurl://apps.cp./cms/?pageId=livemarketsSummary: ** Britain's FTSE edges down 0.2 pct amid election uncertainty** Madame Tussauds owner Merlin, EasyJet, IAG fall after London attack** Election gamble could cost betting companies as regulations tighten ** STOXX 600 on the back foot** Banco Popular weighs on European bank...Read More

WASHINGTON, June 5 (Reuters) - For details of the U.S. Treasury's auction of 4-week bills this week, see: (Washington economics team) Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such...Read More

Regina, Sask. - K+S Potash Canada (KSPC) has committed over $2.8 million in funding for wetland conservation through an agreement with Ducks Unlimited Canada (DUC) to ensure wetlands affected by the Bethune mine are offset through the restoration and preservation of wetlands across Saskatchewan. The agreement, based on a unique science-based formula developed by Saskatchewan's Ministry of Environm...Read More

Stocks were mostly lower on Monday after a terror attack in London over the weekend, a slump in crude oil, and a rare analyst downgrade on Apple (AAPL) shares. The S&P 500 was down 0.02%, the Dow Jones Industrial Average was flat, and the Nasdaq increased 0.03%. Still, stocks held close to records with market reaction to terrorism appearing restrained and cautious. Wall Street largely ove...Read More

By Gertrude Chavez-DreyfussNEW YORK, June 5 (Reuters) - U.S. Treasury debt prices fell on Monday in thin trading, as investors booked profits after gains the previous session on a U.S. employment report that underwhelmed expectations and suggested a more cautious Federal Reserve policy beyond June.Bonds unwound some of last week's gains despite a terror attack in Britain over the weekend, with inv...Read More

Trilogy Metals' (TMQ, TMQ.TO) most recent resource update at the Arctic zone in Alaska was pretty impressive, as the deposit is now expected to contain a pit-constrained (!) resource of 36 million tonnes at an average grade of in excess of 3% copper, 4.23% zinc, 0.73% lead, 0.63 g/t gold and approximately 1.5 ounces of silver per tonne of rock.The average grades are absolutely stunning, and even...Read More

LAGOS, June 5 (Reuters) - Nigeria's total debt rose to 19.15 trillion naira ($62.91 billion) as of March 2017, from 17.36 trillion naira at the end of last year, the Debt Management Office said on Monday.Africa's biggest economy, which slipped into recession last year for the first time in 25 years, raised $1 billion in February and $500 million in March from Eurobond sales.The government intends...Read More

MOSCOW, June 5 (Reuters) - Russia is considering placing a sovereign Eurobond issue a week after a key rate decision scheduled for June 16, a government source familiar with the plans told Reuters on Monday. Moscow aimed to issue $3 billion in new debt and swap another $4 billion in outstanding Eurobonds for new ones, Finance Minister Anton Siluanov said last week. (Reporting by Elena Fabrichnaya;...Read More

(Kitco News) - Gold prices are holdingsteady near their session highs following a drop in momentum in the servicesector, according to the latest data from the Institute of Supply Management(ISM).Monday, the ISM saidits Non-manufacturing Purchasing Managers Index showed a reading of 56.9% in May, down from April'sreading of 57.5%. The drop was slightly below expectations as consensusforecasts were...Read More

* Herbalife falls after cutting current-quarter forecast* Apple marginally lower after rating cut* Indexes down: Dow 0.10 pct, S&P 0.15 pct, Nasdaq 0.14 pct (Updates to open)By Tanya AgrawalJune 5 (Reuters) - U.S. stocks were slightly lower in early trading on Monday as oil prices fell after Arab states cut ties with Qatar over alleged support for Islamists and Iran, while markets mostly shrugged...Read More

June 5 (Reuters) - The Baltic Exchange's main sea freight index , tracking rates for ships carrying dry bulk commodities, on Monday fell for the 15th straight session, hurt by weak rates across all vessel segments.The overall index - which considers rates for capesize, panamax, supramax and handysize shipping vessels - fell 9 points, or 1.08 percent, to 821 points, its lowest level in over three m...Read More

TORONTO, June 5 (Reuters) - Canada's main stock index slipped at the open as oil prices, weakened by concerns of a diplomatic rift in the Middle East, hurt energy stocks, while financial stocks dipped amid signs of cooling in Toronto's overheated housing market.The Toronto Stock Exchange's S&P/TSX composite index fell 58.03 points, or 0.38 percent, to 15,384.72.Eight of the index's 10 main groups...Read More

June 5 (Reuters) - U.S. stocks were little changed at the open on Monday as investors shrugged off the weekend attacks in London, while awaiting a string of economic data.The Dow Jones Industrial Average fell 13.15 points, or 0.06 percent, to 21,193.14. The S&P 500 lost 2.09 points, or 0.08 percent, to 2,436.98. The Nasdaq Composite dropped 0.21 points, or -0 percent, to 6,305.58. (Reporting by Ta...Read More