Hecla Mining Co. fell$. 05 or 1.8 percent, to $2.78. Pan American Silver Corp. fell$. 21 or 2.0 percent, to $10.33. Silver Standard Resources Inc. fell$. 13 or 2.2 percent, to $5.88.» Read More
*MSCI Asia ex- Japan up; Nikkei hits 7-1/ 2 week high after holiday. MSCI's broadest index of Asia-Pacific shares outside Japan added about 0.1 percent, while the U.S. dollar index edged lower.
TOKYO, July 16- Japanese government bond prices edged lower on Tuesday ahead of an auction of 2.7 trillion yen worth of five-year bonds in the following session. We should see some concession into the five-year auction tomorrow but after that the yield should stay around this level, "said Tomohisa Fujiki, interest rate strategist at BNP Paribas.
*Copper prices hit a nearly 1- month high at $7,049.25 a tonne on July 11, but have failed to gain traction above $7,000 and remain down more than 12 percent for the year. *The most-traded November copper contract on the Shanghai Futures Exchange slipped 0.20 percent to 49,850 yuan a tonne.
CANBERRA, July 16- Australia's government moved on Tuesday to scrap its carbon tax and bring forward an emissions trading scheme a year earlier than planned, a policy shift certain to be a focal point in an election likely to be held within weeks. Prime Minister Kevin Rudd said he wants the fixed price on carbon emissions to end on June 30, 2014.
HONG KONG, July 16- Hong Kong shares may start modestly higher on Monday, tracking Wall Street gains with weaker-than-forecast growth in U.S. retail sales likely to further calm jitters that the Federal Reserve will reduce its bond-buying stimulus anytime soon.
TOKYO, July 16- The dollar held on to a moderate recovery path on Tuesday, with investors sticking to the view that the Federal Reserve is still likely to be the first among major central banks to move away from ultra-loose monetary policy.
The poll, taken before weekly inventory reports from the American Petroleum Institute and the U.S. Department of Energy's Energy Information Administration, forecast that crude stocks fell 2.0 million barrels on average for the week ending July 12. U.S. crude had risen 23 cents to $106.55 a barrel by 0020 GMT, after settling 37 cents higher.
*MSCI Asia ex- Japan rises; Nikkei opens higher. MSCI's broadest index of Asia-Pacific shares outside Japan added about 0.1 percent to 440.75.
SINGAPORE, July 16- Gold was little changed on Tuesday as investors awaited Federal Reserve Chairman Ben Bernanke's congressional testimony later this week for clues on when the U.S. central bank would begin tapering its monetary stimulus. *Spot gold was down 0.01 percent at $1,281.84 an ounce by 0011 GMT, after falling slightly on Monday.
CANBERRA, July 16- Australia's government moved on Tuesday to scrap its carbon tax and bring forward an emissions trading scheme a year earlier than planned, a policy shift certain to be a focal point in an election likely to be held within weeks. Prime Minister Kevin Rudd said he wanted the fixed price on carbon emissions to end a year early, on June 30, 2014.
July 15- Investigators searching for the cause of a fire on a Boeing Co Dreamliner in London last week are looking at the battery in an emergency locator transmitter built by Honeywell International Inc, a source familiar with the probe told Reuters on Monday.
WASHINGTON, July 15- The leaders of the U.S. Senate Banking Committee on Monday released a draft bill aimed at bolstering the finances of the Federal Housing Administration, which has faced mounting losses from mortgage defaults.
July 15- The Pimco Total Return Fund, the world's largest mutual fund, increased its holdings of Treasury securities and mortgages in June as performance fell to its lowest level since the financial crisis, data from the firm's website showed on Monday.
LAC-MEGANTIC, Quebec, July 15- A small Quebec town devastated by the deadliest North American rail crash in more than 20 years faces a slow and painful return to a more normal way of life, with even the funerals of the dozens of victims likely to be delayed by weeks or months.
*Agency officials from Cincinnati, Washington to testify. The House of Representatives committee looking into IRS practices will question a Cincinnati- based employee who was in charge of examining Tea Party- linked applications and a Washington IRS official who played a role in overseeing her work.
*Anadarko accused of misleading investors over Gulf spill. District Judge Keith Ellison in Houston said that while shareholders had highlighted 28 allegedly misleading statements attributable to Anadarko, they were entitled to sue over only a single "isolated" statement concerning the Macondo well, the majority of which was owned by BP Plc.
TOKYO, July 16- Japan's Nikkei share average is expected to reach its highest level in 7-1/ 2- weeks on Tuesday, helped by gains in Wall Street and Asian equities, while a weaker yen would also provide a boost to blue-chip exporters.
July 15- National Cancer Institute scientists have released the largest-ever database of cancer-related genetic variations, providing researchers the most comprehensive way so far to figure out how to target treatments for the disease. Yves Pommier, chief of the NCI's Laboratory of Molecular Pharmacology, said in an interview. "
WASHINGTON, July 15- Ultralife Corp makes the lithium-manganese battery that powers the emergency transmitter that is being investigated as a possible cause of last week's fire on a Boeing 787 in London, a source familiar with the investigation said on Monday.
RIO DE JANEIRO, July 15- Brazilian coal miner CCX, part of billionaire Eike Batista's EGX group, said on Monday that two of its board members had resigned, the latest high-profile departures from the conglomerate of mining, energy and logistics companies.