Business Chile

  • HAVANA, Nov 26- Fidel Castro, the Cuban revolutionary leader who built a communist state on the doorstep of the United States and for five decades defied U.S. efforts to topple him, died on Friday. Wearing a green military uniform, a somber Raul Castro, 85, appeared on state television on Friday night to announce Fidel's death, 60 years to the day since the two brothers...

  • HAVANA, Nov 26- Fidel Castro, the Cuban revolutionary leader who built a communist state on the doorstep of the United States and for five decades defied U.S. efforts to topple him, died on Friday. He formally ceded power to his younger brother Raul Castro two years later. Venezuela's Socialist President Nicolas Maduro said "revolutionaries of the world must...

  • "Whether it be with the United States or without the United States, there's a willingness among the countries that make up the TPP to move forward," Heraldo Munoz told a news conference ahead of a visit by Chinese President Xi Jinping to the South American nation. The future of the 12- nation deal, which does not include China, was one of the key themes of summit talks...

  • *Loonie touches its weakest since March 1 at C $1.3548. U.S. crude oil futures settled $1.25 lower at $43.41 a barrel after OPEC said October output reached another record, casting doubt on whether its plan to limit production is achievable or enough to ease persisting oversupply. "I think things will probably continue to be volatile, probably moving against the...

  • OTTAWA, Nov 11- The Bank of Canada has been puzzled at times, unsure at others, and not shy about saying what it doesn't know, a frankness that helps its credibility but has left markets struggling to adjust. "I don't have to remind you how many sources of uncertainty we face," Bank of Canada Stephen Poloz said in Santiago on Friday, reiterating what has become the bank's...

  • SANTIAGO, Nov 11- The head of the Bank of Canada said on Friday he could not speculate on how Donald Trump's election as U.S. president would affect monetary policy, but that the central bank will respond to shocks as needed and rely on its inflation target to set interest rates. Governor Stephen Poloz, speaking at a central bank conference in Santiago, reiterated...

  • SANTIAGO, Nov 11- U.S. economic growth prospects appear strong enough for the Federal Reserve to proceed with gradual interest rate rises but the central bank is monitoring an increase in long-term U.S. government borrowing costs, Fed Vice Chair Stanley Fischer said on Friday. Since Republican Donald Trump was elected U.S. president on Tuesday, the 10- year...

  • SANTIAGO, Nov 11- Chilean state-owned copper miner Codelco is aiming to tamp down capital expenditures and costs at its century-old Chuquicamata mine as it transforms the globe's largest open-pit copper deposit into an underground mine. Capital expenditures to convert Chuquicamata to an underground operation could jump as high as $4.7 billion, though...

  • SANTIAGO- Chile's central bank hosts a meeting of central bank heads of Canada, Mexico, Brazil, Argentina and Peru. LIMA- Central bank of Peru announces interest rate decision- 0000 GMT. SEOUL- Bank of Korea holds a monetary policy meeting and will announce its decision on interest rates- 0100 GMT.

  • SANTIAGO/ SÃO PAULO, Nov 10- Brazil's central bank and Treasury sprang into action to calm the debt market and stem the Brazilian real currency's slide on Thursday after U.S. Brazil's benchmark Bovespa stock index fell 3.89 percent, but remained above the 60,000 point milestone. Traders said they also feared President Michel Temer could face legal action...

  • THURSDAY, NOVEMBER 10 BUDAPEST- The European Bank for Reconstruction and Development conference: Reinvigorating Growth, Competitiveness and Investment- The EU from the Baltics, through Central Europe, to the Mediterranean. BELGRADE- National Bank of Serbia interest rate decision- 1100 GMT. SANTIAGO- Chile's central bank hosts a meeting of central bank heads...

  • TUESDAY, NOVEMBER 8 HONG KONG- Reserve Bank of Australia's Head of International Department Chris Ryan speaks at the seventh Pan Asian Regulatory Summit. BUDAPEST- Hungarian Central Bank non-rate-setting meeting. WEDNESDAY, NOVEMBER 9 BUDAPEST- Hungarian Central Bank to publish the minutes of its October policy meeting- 1300 GMT.

  • FRIDAY, NOVEMBER 4 MEXICO CITY- Federal Reserve Bank of Dallas President Rob Kaplan speaks at a forum hosted by the Association of Banks of Mexico- 1600 GMT. BUDAPEST- Hungarian Central Bank non-rate-setting meeting. WEDNESDAY, NOVEMBER 9 BUDAPEST- Hungarian Central Bank to publish the minutes of its October policy meeting- 1300 GMT.

  • TUESDAY, OCTOBER 18 BRASILIA- Central Bank of Brazil holds Monetary Policy Committee Meeting. Czech exports' leaders meeting with participation of Czech Republic Prime Minister Bohuslav Sobotka, Finance Minister Andrej Babis, Industry ansd Business Minister Jan Mladek, Czech National Bank Vice-Governor Mojmir Hampl- 0800 GMT. WEDNESDAY, OCTOBER 19 JAKARTA-...

  • LONDON- Central Reserve Bank of Peru Governor Julio Velarde speaks at a seminar titled "Peru Leading the growth across the region"- 0800 GMT. Czech exports' leaders meeting with participation of Czech Republic Prime Minister Bohuslav Sobotka, Finance Minister Andrej Babis, Industry ansd Business Minister Jan Mladek, Czech National Bank Vice-Governor Mojmir...

  • SINGAPORE- Monetary Authority of Singapore publishes Monetary Policy Statement- 0000 GMT. TUESDAY, OCTOBER 18 BRASILIA- Central Bank of Brazil holds Monetary Policy Committee Meeting. WEDNESDAY, OCTOBER 19 JAKARTA- Indonesia Central Bank holds Board of Governors Meeting.

  • LONDON, Oct 12- Louis Dreyfus Company expects to start conversations on potentially selling a stake in its metals business in the second half of 2017, Chief Executive Gonzalo Ramírez Martiarena said on Wednesday. There have already been several expressions of interest, including some from Asia, he added. Like many of its peers, Louis Dreyfus, one of four traders...

  • LONDON, Oct 12- Louis Dreyfus Commodities expects to start conversations on potentially selling a stake in its metals business in the second half of 2017, Chief Executive Gonzalo Ramírez Martiarena said on Wednesday. There have already been several expressions of interest, including some from Asia, he added. Like many of its peers, Louis Dreyfus, one of four...

  • ZAGREB- Croatia National Bank holds monetary policy meeting. PRAGUE- Czech Finance Minister Andrej Babis presents the 2017 state budget draft to lawmakers at the Budget Committee of the Chamber of Deputies- 0700 GMT. THURSDAY, OCTOBER 13 MOSCOW- Russian President Vladimir Putin, Russian central bank head Elvira Nabiullina and Russian Finance Minister Anton...

  • TUESDAY, OCTOBER 11 HANOI- Asian Development Bank holds a presser on current economic and development issues, and how ADB can support the government's 2016-2020 socio-economic development plan- 0130 GMT. THURSDAY, OCTOBER 13 MOSCOW- Russian President Vladimir Putin, Russian central bank head Elvira Nabiullina and Russian Finance Minister Anton Siluanov...