Russian gold mining group Uzhuralzoloto is valued before an initial public offering at 120 billion roubles ($1.3 billion) and may float 5% of shares, sources in the Russian financial market told Reuters on Friday.
A group of South Korean flour mills bought an estimated 50,000 metric tonnes of milling wheat to be sourced from the United States in an international tender held on Thursday, European traders said on Friday.
Thailand is trying to bring home 162 of its nationals trapped in Myanmar, where tens of thousands of people have been displaced by a surge in clashes between junta troops and ethnic minority insurgents near the border with China, officials said.
A slightly less hawkish Federal Reserve combined with a favorable reaction to the Treasury refunding announcement have boosted risk appetite, raising optimism over a possible year-end Santa Claus rally that would provide another reason to sell the dollar, especially if non-farm payrolls come in soft.
The dollar eased on Friday and was on course for a weekly decline against a basket of currencies as traders wagered that the U.S. Federal Reserve was most likely done with rate increases, lifting risk sentiment.
A growing number of private equity funds are opening offices in the Gulf, hoping to deepen their ties with cash-rich sovereign wealth funds and families in the region as funding for buyouts has dried up elsewhere.
The troubles faced by co-working titan WeWork are darkening the outlook for the world's largest business hubs, where rising office vacancies are already heaping pressure on investors set to refinance big-ticket mortgages next year.
Bond investors bruised by a record hiking cycle are increasing their positions, betting that central banks really are done with raising rates and their next move will be down.
Mexico dazzled at the Pan American Games artistic swimming on Thursday as the United States medal machine moved back into high gear, powering past 200 - almost half of them gold.
Malaysian palm oil futures rose on Friday after top producer Indonesia confirmed the extension of export controls, though the plunge in edible imports to India limited gains.
North Korea will increase its military deterrent to ensure its security against a U.S. nuclear arsenal aimed at it, its state media reported on Friday, as it criticised the United States for a recent intercontinental ballistic missile (ICBM) test.
The Unifor union said on Thursday members representing St. Lawrence Seaway workers in eastern Canada had ratified new collective agreements that would increase wages, days after a tentative deal ended a week-long strike on a key trade route.
Copper prices rose on Friday and were on track for their second straight week of gains, as a weaker dollar propped up subdued sentiment following poor economic data from top metals consumer China.
Indian shares are set to open higher on Friday as risk appetite improved across global markets on optimism that the U.S. Federal Reserve may not hike rates again in this cycle.
Indian government bond yields are likely to ease in early trade on Friday as U.S. yields fell further a day earlier, while the major focus will remain on fresh debt supply through the weekly auction.
(RTTNews) - Indian shares look set to open mostly higher on Friday as investors react to continued gains in world markets, Apple's tepid holiday-quarter forecast, a sharp jump in oil prices overnight and the latest batch of earnings results from the likes of Tata Motors, Adani Po
Stocks were headed for their biggest weekly rise in a year on Friday, while bonds rallied and the dollar was on the back foot as investors cheered a pause in U.S. interest rate hikes.
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