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Japan's stock market finished Thursday's session 7 percent lower, in a hugely volatile session which saw the Nikkei gain 2 percent in early trade only to dive to a one-week low late in the session.
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LONDON, April 26- Rio Tinto's Kennecott Utah Copper expects to begin transporting copper ore to the concentrator at its Bingham Canyon mine in the next few days, after a landslide forced it to stop operations. Kennecott is the second-largest copper producer in the United States.
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CONAKRY, April 27- Patrice Motsepe, the South African mining magnate and executive chairman of African Rainbow Minerals has plans to invest in Guinea's iron ore industry, he told reporters after meeting Guinea's president Alpha Conde on Friday.
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LONDON, April 26- Rio Tinto's Kennecott Utah Copper expects to begin transporting copper ore to the concentrator at its Bingham Canyon mine in the next few days, after a landslide forced it to stop operations. Kennecott is the second-largest copper producer in the United States.
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Asian stock markets traded cautiously on Friday as investors digested a raft of regional corporate earnings and as attention turned to first-quarter U.S. GDP figures for signs of whether the rally on Wall Street can continue.
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TORONTO, April 23- Teck Resources Ltd reported a sharp fall in quarterly adjusted profit on Tuesday as sagging prices for coal and copper hurt Canada's largest diversified miner, whose CEO played down any major takeover moves. The stock cut its losses and was down 1.9 percent at C $25.52 on the Toronto Stock Exchange around midday.
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Asian stocks reversed earlier losses on Friday led by a 2 percent rally in Shanghai as investors cheered news that the yuan's trading band may be widened, which offset bearish sentiment triggered by weak U.S economic data.
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Supreme Court decision to limit the sweep of a 1789 law used to fight human rights abuses worldwide left a window slightly ajar for victims to sue companies, especially U.S. companies, accused of aiding such abuses.
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Russia is a prime investment location because of its massive natural resources, Ivan Glasenberg, the CEO of commodity trader Glencore said on Thursday.
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WASHINGTON, April 17- In a major victory for multinational companies, the U.S. Supreme Court on Wednesday limited the ability of human rights plaintiffs to invoke a 224- year-old federal law when suing companies over alleged collusion with violent foreign governments.
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WASHINGTON, April 17- In a closely watched ruling that left questions unanswered, the U.S. Supreme Court said on Wednesday that federal courts do not have jurisdiction to hear lawsuits against foreign corporations accused of aiding in human rights abuses abroad.
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WASHINGTON, April 17- In a closely watched ruling that left many questions unanswered, the U.S. Supreme Court said on Wednesday that federal courts do not have jurisdiction to hear lawsuits against foreign corporations accused of aiding in human rights abuses abroad.
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WASHINGTON, April 17- The U.S. Supreme Court ruled on Wednesday that federal courts do not have jurisdiction to hear lawsuits against foreign corporations accused of aiding in human rights abuses abroad.
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Brad Partridge, Portfolio Manager at Macquarie Private Portfolio Management says the way the market deals with Rio Tinto's huge iron ore production expansion is key to the direction of its shares.
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European shares closed off their session lows on Tuesday, as U.S. earnings season kicked into high gear following a slew of upbeat earnings reports from heavyweights Goldman Sachs, Coca-Cola, and Johnson & Johnson. U.S. shares were boosted by the news and the pan-European FTSEurofirst 300 Index closed provisionally down.
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Slowing growth signs are everywhere, not just in China.
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European shares closed lower on Monday, after news of an unexpected slowdown in China sparked a commodities sell-off.
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The super cycle in commodities has come to an end, according to researchers at Citi, who downgraded several mining stocks on Monday as metals prices have continued to decline.
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The rally today is broad, with defensive names advancing at almost the same pace as cyclical names. The S&P 500 gapped up about six points right at the open.
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The unprecedented moves by the Bank of Japan on Thursday to end years of deflation brought about a breath-taking turnaround in Japanese stock markets that saw the Nikkei 225 closing up 2.2 percent by the end of the day, at four and a half year highs.
