Edition:
United Kingdom

Veronica Brown

PLATINUM WEEK-Amplats considers sale of Twickenham and Bokoni mines - CEO

17 May 2019

* Amplats to focus on mine efficiency after most asset sales done

LME plays long game on China warehousing, Li a 'patient' player

30 Oct 2017

LONDON The London Metal Exchange still wants to have LME-registered warehousing in mainland China but has not recently pushed the long-held ambition, HKEx Chief Executive Charles Li said.

Gold jumps; oil recovers poise after shock Trump win

09 Nov 2016

MANILA/LONDON Gold held near six-week highs on Wednesday, while other markets calmed down after swinging wildly following Donald Trump's shock victory over Hillary Clinton in the White House race.

Gold eases as slight nerves set in on Fed policy outlook

22 Jul 2016

LONDON Gold prices eased on Friday, reflecting tension between an easier global interest rate backdrop and the chance of U.S. monetary policy being tightened before the end of 2016.

Gold turns negative as dollar cuts losses after U.S. data

01 Jun 2016

NEW YORK/LONDON Gold turned negative on Wednesday, as the dollar briefly pared losses following U.S. manufacturing data and U.S. equities came off their lows, while the market tried to assess how close the Federal Reserve is to raising interest rates.

Excalibur buyout team to meet banks over funding for Tata UK bid

06 May 2016

LONDON Excalibur Steel, the management buyout group interested in purchasing Tata Steel's assets in Britain, will meet bankers on Friday to seek financing for the deal.

Rate outlook helps gold to highest in almost three weeks

11 Apr 2016

NEW YORK/LONDON Gold prices rose to their highest in almost three weeks on Monday, setting the market on course towards $1,300 an ounce, drawing confidence from continued ultra-low interest rates.

Gold holds firm above $1,230/oz as investors seek refuge

24 Feb 2016

LONDON Gold rose above $1,230 an ounce on Wednesday, acting as foil against risk alongside top-rated government bonds as oil's fall rippled into global equity markets.

LMEWEEK-China should be wary of stimulus pleas-HKEx's Li

13 Oct 2015

LONDON, Oct 13 A stronger, more open China needs structural reform and it should not yield to expectations of fresh stimulus to boost economic growth, Hong Kong Exchanges and Clearing (HKEx) CEO Charles Li told Reuters on Tuesday.

Gold loses traction, closes in on 5-1/2-year low

27 Jul 2015

NEW YORK/LONDON Gold lost ground on Monday, moving closer to last week's 5-1/2-year lows below $1,100 per ounce, with expectations for a near-term U.S. interest rate hike seen keeping momentum firmly with the bears.

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