Asian equitiess were mixed on Friday, following an uninspiring lead from Wall Street, but Japanese stocks managed to overlook a mixed bag of economic data to settle at a new 15-year high.» Read More
Mining stocks sold off sharply on Wednesday, with Glencore falling to an all-time nadir, after copper plunged to a five-and-a half-year low.
Asian shares were mixed on Tuesday, as traders weighed a better-than-expected trade report from the mainland and the continued fall in global oil markets.
Narendra Modi promised to pursue predictable policies and ensure stable taxes, in a speech that sought to address concerns for foreign investors.
Asian equity markets raked in gains on Thursday, as the fall in oil prices abated, while a positive finish on Wall Street overnight lifted trading sentiment.
Asian stocks were mixed amid choppy trade on the first trading day of the week, as a raft of sluggish manufacturing surveys released across Europe and Asia over the past week curbed risk appetites.
On the first trading session of 2015, Asian equities were quiet on the back of a lack of foreign cues and economic data releases.
European shares closed mixed on Monday, with Greece struck by renewed political uncertainty after its politicians failed to agree on a new president.
China may be routinely underestimating its steel sector output, with official 2013 figures coming in 40 million tons below a key industry estimate.
Asian stocks pulled back sharply on Monday, as investors fretted about the relentless slide in energy prices and declining manufacturing sentiment in Japan. Also in focus was a hostage incident in Sydney.
European shares closed sharply higher on Friday after the U.S. monthly jobs report showed the economy adding 321,000 jobs in November.
TORONTO, Dec 3- Rio Tinto Plc's re-commitment to diamonds with a $350 million Canadian mine expansion has highlighted the prospects for a handful of smaller players boasting one of the sector's rarest commodities- new mines. Global consumer demand for diamond jewelry is forecast to grow at 4 to 5 percent annually, to $31 billion in 2018 from $25 billion last year,...
Asian equity markets were mixed on Friday following weak economic data and as oil prices extended their slide.
Asian equities rose on Wednesday following better-than-expected U.S. growth data but Japan underperformed on the back of a stronger currency.
Scott Philips, Advisor at The Motley Fool, says a merger between Rio Tinto and Glencore makes sense but warns that the deal will be riskier for Glencore.
Take a look at some of Friday's midday movers:
Global equity markets jumped on Friday morning after the Chinese central bank unexpectedly cut interest rates to boost its flagging economic growth.
Nov 10- Last week's ousting of Mongolia's prime minister is likely to delay talks on resolving a long-running dispute over the huge Oyu Tolgoi copper and gold mine in the mineral-rich country, joint-mine owner Turquoise Hill Resources Ltd said on Monday. Mongolia's parliament voted last week to remove Prime Minister Norov Altankhuyag amid concerns about a...
TORONTO, Nov 10- Global mining companies stung by slumping commodity prices are looking forward to a modest consolation prize- weaker local currencies and falling oil prices that will help trim their costs. "It's definitely a silver lining," said Chris Mancini, analyst at Gabelli Gold Fund. Agnico Eagle Mines Ltd, which produces two-thirds of its gold in Canada,...
Nov 7- Canada's Turquoise Hill Resources Ltd reported a lower third-quarter loss due to the start of sales from its Oyu Tolgoi copper-gold mine in Mongolia and lower operating expenses. Net loss attributable to the company fell to $38.6 million, or 2 cents per share, in the quarter ended Sept. 30 from $94 million, or 9 cents per share, a year earlier.
Sam Walsh, CEO of Rio Tinto, discusses Chinese President Xi Jinping's announcement of an infrastructure stimulus package and explains what it means for his business.