Asian shares hit 18-month top in festive cheer; oil, gold hold gains

SYDNEY (Reuters) – Asian shares jumped to an 18-month high on Friday while gold and oil prices stayed buoyant in a holiday-shortened week, as investor optimism was boosted by hopes a U.S.-China trade deal would soon be signed. FILE PHOTO: A man is reflected on a stock quotation board outside Continue Reading

Rush into U.S. bonds curbs global stock markets; gold touches 6-year high

NEW YORK (Reuters) – Investors rushed into the safety of U.S. government bonds on Wednesday, muting a broad stocks rally as fears of a global recession grew. Yields on the benchmark 10-year Treasury note fell to their lowest levels since October 2016, and gold soared to a six-year high, while Continue Reading

Newmont shareholders OK $10 billion Goldcorp takeover, creating biggest gold producer

TORONTO (Reuters) – Newmont Mining shareholders on Thursday approved the company’s $10 billion takeover of Goldcorp Inc which is set to create the world’s biggest gold producer with assets across the Americas, Africa and Australia. FILE PHOTO: Visitors pass the Newmont Mining Corporation booth during the Prospectors and Developers Association Continue Reading