Commodities
'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.
Sector movers: Electricity up, oil engineers down
Electricity and telecoms were the livewire sectors on Wednesday, while oil engineers were on the rocks.
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.
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.
Conroy Gold's aims for mine development as loss deepens
Conroy Gold reported “excellent” drilling results on Wednesday though the gold miner’s loss deepened as it moves towards building a mine at its Clontibret project in County Monaghan, Ireland.
Touchstone Exploration swings to profit after production jumps
Touchstone Exploration reported on Wednesday that it swung to a profit in the third quarter as the Trinidadfocused oil and gas company benefitted from increased production and rising oil prices.
Faroe Petroleum drops on disappointing North Sea well
Faroe Petroleum’s shares dropped on Wednesday after its 40%-owned Rungne exploration well in the Norwegian North Sea came up with noncommercial levels of hydrocarbons.
German economy contracts for first time since Q1 2015
The German economy shrank in the third quarter amid weaker exports, marking its first contraction since the first quarter of 2015, according to data released by Destatis.