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Rockfire Resources leaps after 'bonanza' gold find

Rockfire Resources soared on Monday after intersecting “bonanza grade” gold in recent drilling at the Double Event Prospect in Queensland, Australia.

16 Nov
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Commodities: Natural gas bounces, Bitcoin continues to drift lower

Commodity prices were resurgent at the end of the week as natural gas futures bounced back from the sharp losses endured during the prior session.

16 Nov
'I think we'll have a deal (with China),' Trump says

Wall Street's main market gauges flickered into life on Friday afternoon in New York, reversing early losses and moving into the green, on the heels of upbeat remarks from the US President regarding the chances of his administration being able to strike a trade deal with Beijing.

16 Nov
US interest rates closer to 'neutral', Fed's Clarida says

The US central bank's second-in-command noted recent volatility in stock markets, but continued to defend the need for gradual rate hikes.

16 Nov
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Canaccord cuts target price on 'optimistic' Premier

Analysts at Canaccord Genuity lowered their target price on British oil and gas outfit Premier Oil on Friday, noting the firm's current projections may be "a little optimistic" given the recent oil price weakness.

16 Nov
US industrial production rises in October, boosted by output of business equipment

US industrial production edged higher last month on the back of sharp increases in the output of business equipment and construction.

16 Nov
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ECB's Draghi confident, but argues for patience and persistence

Outgoing European Central Bank President, Mario Draghi, sounded a confident note on the outlook for the euro area economy, describing a recent slowdown as a 'soft patch', but said policymakers needed to be "patient and persistent" in providing monetary stimulus.

16 Nov
Walmart's wages targeted by new Bernie Sanders legislation

Walmart has been targeted by a new bill that would prevent large companies from completing stock buy-backs unless their employees are paid at least $15 an hour, which was introduced by senator Bernie Sanders.

16 Nov
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Kim Jong-Un supervises tests of new North Korean 'tactical' weapon

North Korea leader Kim Jong-Un inspected a new “tactical” weapon for the first time in nearly a year this week, reported the country’s state media on Friday.

16 Nov
US sets sanctions on 17 Saudi officials over Khashoggi murder

The US imposed economic sanctions on 17 Saudi Arabian officials late on Thursday after the killing of journalist Jamal Khashoggi last month.

16 Nov
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Eland Oil & Gas' field development on course for year-end completion

Eland Oil & Gas’s field development programme at the Gbetiokun field in Nigeria is on course for completion before the end of the year, the company said on Friday.

15 Nov
US jobless claims rose unexpectedly last week

US jobless claims edged only slightly higher last week, but some economists believed there were signs in the data that, at least for now, momentum in the jobs market might be topping out.

15 Nov
October US retail sales rise as expected

US retail sales grew more quickly than expected last month, boosted by sales of motor vehicles, building materials and at gasoline stations.

15 Nov
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Philly Fed index drops more than expected in November

Manufacturing conditions in the Philadelphia region deteriorated more than expected in November, according to a survey released on Thursday.

15 Nov
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Europe midday: Stocks dip amid post-Brexit deal political convulsions

Stocks across the Continent are trading slightly lower as investors digest the ongoing political convulsions in London, even as they keep a wary eye on the Italian government's antics with Brussels over its 2019 budget.

15 Nov
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Fed's Powell's positive on economy, financial markets' reaction is being monitored

The Federal Reserve needs to calibrate how much it needs to further tighten monetary policy and at what pace, central bank chairman, Jerome Powell, said ovenright.

15 Nov
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'Information asymmetry' drives huge price swings in cryptocurrencies

New research has found informed traders and investors’ information asymmetry could be driving huge price changes in cryptocurrencies.

14 Nov
Sector movers: Electricity up, oil engineers down

Electricity and telecoms were the livewire sectors on Wednesday, while oil engineers were on the rocks.

14 Nov
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US should hike foreign investment to curb China influence, says Congress report

A report from a US congressional commission recommends that Washington fund infrastructure in developing nations in order to counter Chinese financing deals.

14 Nov
US 'core' October CPI falls short of analysts' forecasts

Inflation in the US accelerated as expected last month, pushed higher by increased energy costs, but underlying price pressures were more modest than economists had anticipated.