Japanese shares retreated from a 30-year peak on Friday, as investors refrained from placing big bets ahead of the corporate earnings season while some locked in profit after the recent rally in global equities.
Brazil iron ore miner Vale SA said on Thursday it has resumed pellet production at its Vargem Grande mine in Minas Gerais state, where production had been paralyzed since Feb. 2019. Vale said in a statement the mine has a capacity to produce 7 million tonnes of pellets per year, but it forecast that production in 2021 would range between 4 and 5 million tonnes.
Oil prices fell in early trade on Friday, retreating further from 11-month highs hit last week, on worries new pandemic restrictions in China will curb fuel demand in the world's biggest oil importer. U.S. West Texas Intermediate crude futures dropped 47 cents, or 0.9%, to $52.66 a barrel at 0148 GMT, after slipping 18 cents on Thursday.
* MSCI ex-Japan tad weaker after hitting record highs on Thursday. * U.S. dollar bounces off lows but set for weekly decline. * Oil, gold weaker. By Swati Pandey.
* Dec nationwide core CPI falls -1.0% vs f'cast -1.1% * Fuel cost falls, govt campaign main culprits behind fall. * Analysts mixed on whether deflation will return as trend. * Weak prices add pressure on BOJ, may affect March review. By Leika Kihara.
The dollar was headed for its
worst week of the year on Friday, as investors cheered in the
Joe Biden administration by buying riskier currencies and
refreshed bets that a pandemic recovery could ...
Royal Bank of Canada (RY): * Royal Bank of Canada (RY) - OFFERING OF $1 BILLION OF NON-VIABILITY CONTINGENT CAPITAL SUBORDINATED DEBENTURES THROUGH ITS CANADIAN MEDIUM TERM NOTE PROGRAM Source text for Eikon: Further company coverage:
Asian shares eased from record highs on Friday as investors took some money off the table after a recent rally that was driven by hopes a massive U.S. economic stimulus plan by incoming President Joe Biden will help temper the COVID-19 impact.
Asian shares eased from record highs on Friday as investors took some money off the table after a recent rally that was driven by hopes a massive U.S. economic stimulus plan by incoming President Joe Biden will help temper the COVID-19 impact.
Meatpacker JBS USA and chicken company Pilgrim's Pride Corp (PPC) said on Thursday they will pay $100 to U.S. employees who voluntarily receive a COVID-19 vaccine. The bonus is intended to encourage employees to get inoculations, after thousands of U.S. meatpacking workers became infected with the coronavirus last year.
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