Top Story

Mon 3:45 pm

Wall Street trades lower on worries over China growth, U.S. rate hike

Wall Street traded lower on Monday as  amid investor concerns about slowing growth in the world’s second-largest economy China and the prospect of higher U.S. interest rates. The Dow Jones Industrial Average (INDEXDJX:.DJI) slid 0.5% to 16,567.01 at 3:33 p.m. in New York. The S&P 500 (INDEXSP:.INX) retreated 0.7% to 1,975.42. The Nasdaq Composite (INDEXNASDAQ:.IXIC) lost 1.1% to 4,779.21.

Breaking News

Monday, August 31, 3:27 pm

Gold loses 0.1% to $1,132/oz; WTI jumps 8.8% to $49.20

Gold futures finished lower for a fifth time in six sessions as investors continued to gauge the likelihood of a U.S. interest-rate hike by year-end. Gold for December delivery lost 0.1% to settle...

International

5:15 am

Market takes fright as Chinese manufacturing drops again

Disappointing manufacturing data from UK and France failed to lift sentiment

Articles

  • Low oil prices are here to stay

    The lower price environment is here to stay, longer than many of the key players anticipated.

  • TSX halts four-day rally on China worries

    Canadian shares fell, ending a four-day winning run, as investors continued to fret about a slowdown in China, the nation’s second-largest trading partner. The benchmark Standard & Poor’s/TSX Composite Index (TSE:OSPTX) fell 0.5% to 13,790.24 at 12:20 p.m. in Toronto. Five shares advanced for every stock that declined as six out of ten share groups were in the negative territory.

  • Stewart Dalby: Merger time for the oil sector's minnows

    There has been much talk in the oil and gas sector that there will need to be a round of mergers and acquisitions to avoid the dire consequences of a plummeting oil price.

  • Mandalay Resources acquisition strategy pays dividends

    How is it that shares in Mandalay Resources have virtually tripled over the past five years, when most other junior gold mining companies have suffered severe and sometimes catastrophic share price falls? The answer is simple: judicious acquisitions.

  • UPDATE - Lingo Media's growth spurt spurred by digital learning

    Lingo Media (CVE:LM; OTC:LMDCF), the technology company focused on the education sector, delivered record results in the second quarter of 2015.

  • TSX extends gains for fourth session; Scotiabank inches down

    Canadian shares advanced for a fourth session on Friday, a day after a surge in oil prices helped the market recover from the week’s losses. The benchmark Standard & Poor’s/TSX Composite Index (TSE:OSPTX) rose 0.5% to 13,825.54 at 12:10 p.m. in Toronto. Three shares advanced for every issue that declined. Five out of ten share groups were in the positive territory.

Archived Top Stories ►
  • Tango Mining boss delighted with BK11 diamond estimate

    Terry Tucker, chief executive of TSX Venture-listed Tango Mining (CVE:TGV) says the updated resource estimate from its BK11 Botswana...
    View full size
  • Anglo Pacific “has turned a corner”, says CEO Treger Share

    Julian Treger, chief executive of Anglo Pacific Group (LON:APF) (TSX:APY), says the company has turned a corner after managing to weather a...
    View full size
  • Aureus Mining CFO: Plenty more to come after New Liberty gold pour

    Paul Thomson, chief financial officer of Aureus Mining (LON:AUE) (TSE:AUE), says there’s plenty more to come from the company after it...
    View full size
  • Orosur Mining taking decisive steps to tackle gold price

    Ignacio Salazar, chief executive & director of Orosur Mining (LON:OMI) (TSE:OMI), explains the steps being taken by the Latin American miner...
    View full size
  • China yuan devaluation may be good for miners says IG Group’s Mahony

    Joshua Mahony, market analyst at IG Group, reckons the mining sector could be a long-term beneficiary of a weaker yuan. China’s devaluation...
    View full size
  • MOKO Social Media COO on niche audience opportunities

    The chief operating officer of MOKO Social Media (NASDAQ:MOKO), Shripal Shah, discusses the company’s unique approach when it comes to...
    View full size
  • Midatech Pharma chief: Ophthotech deal “significant piece of business”

    The chief executive of Midetech Pharma (LON:MTPH), Jim Phillips, provides more detail on the firm’s collaboration with US–listed Ophthotech...
    View full size
  • Caledonia Mining CFO eyes extra ounces from Blanket gold mine

    Caledonia Mining’s (LON:CMCL, TSE:CAL) finance chief, Mark Learmonth, says work on the firm’s Blanket mine in Zimbabwe mean more ounces of...
    View full size
  • MagneGas boss eyes revenue uplift from US metal cutting market

    The chief executive of Florida-based MagneGas (NASDAQ:MNGA), Ermanno Santilli, potential revenue from the metal cutting market in the United...
    View full size
  • Asiamet Resources chief on refreshed strategy

    Tony Manini, the chief executive of Asiamet Resources (LON:ARS) (CVE:ARS), formerly Kalimantan Gold, explains the new strategy and forward...
    View full size
  • VolitionRx chief says key milestones are within reach

    The chief executive of cancer diagnostics specialist Volition RX (NYSE:VNRX), Cameron Reynolds, says investors can expect the company to...
    View full size
  • Westhouse analyst Henderson on US vs OPEC oil dynamics

    Mark Henderson, director of oil & gas at Westhouse Securities, discusses the outlook for oil prices and the ongoing price war between the US...
    View full size