Latest news with #EconomicPolicySymposium
The Market Online
18 hours ago
- Business
- The Market Online
Gold Report: Strategic investment stories
Headwater Gold (CSE:HWG) is raising up to C$1 million through a non-brokered private placement, including commitments from Jeff Phillips, President of Global Market Development, and Rick Rule, the world-renown billionaire mining investor and speculator. Click here for the full story. This content has been prepared as part of a partnership with Headwater Gold Inc., Norsemont Mining Inc., Galleon Gold Corp. and SKRR Exploration Inc., and is intended for informational purposes only. By the ounce At the time of writing on Wednesday, the price of gold was US$3,371.60, down from US$3,399.70 per ounce in our August 13th report – according to data from The Globe and Mail – with investors hoping for actionable insights from U.S. Fed Chair Jerome Powell when he unveils a new policy framework at the Kansas City Federal Reserve's annual Economic Policy Symposium, which kicks off on Thursday. This week in gold Rick Rule's latest portfolio top-up wasn't the only notable gold investment to hit the wire this week, with two miners and another high-profile individual investor putting money to work. Rob McEwen, chairman of McEwen Mining (TSX:MUX), made the lead order in a C$1.392 million financing tranche for Norsemont Mining (CSE:NOM), a junior gold explorer with a flagship project housing 2,184,000 gold equivalent ounces indicated and 557,000 gold equivalent ounces inferred. Global gold and silver producer Pan American Silver (TSX:PAAS) invested C$8 million into Galleon Gold (TSXV:GGO), a junior miner advancing a preliminary economic assessment-stage project in Timmins, Ontario, with an indicated and inferred resource of more than 1.5 million ounces of gold. SKRR Exploration (TSXV:SKRR), historically focused on Saskatchewan, completed a reverse takeover of Kenz Global Resources, a private explorer with significant assets in Saudi Arabia. This includes a majority interest in the 99-square-kilometre AM ARTI gold project, where favorable geology within the prolific Arabian–Nubian Shield adds conviction to potential mineralization. Top trending gold stocks Join the discussion: Find out what everybody's saying about the strategic investment stories in this week's gold report on Stockhouse's stock forums and message boards. Stockhouse does not provide investment advice or recommendations. All investment decisions should be made based on your own research and consultation with a registered investment professional. The issuer is solely responsible for the accuracy of the information contained herein. For full disclaimer information, please click here.
Cision Canada
18 hours ago
- Business
- Cision Canada
NYSE Content Advisory: Pre-Market Update + NYSE Texas to celebrate launch at AT&T Stadium
NEW YORK, Aug. 20, 2025 /CNW/ -- The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today's NYSE Pre-market update for market insights before trading begins. delivers the pre-market update on Stocks are fractionally lower following a mixed session on Tuesday that saw the DOW hit an intraday high before pulling back. NYSE-listed Home Depot led the gains after it maintained its full-year forecast. The Federal Reserve will be in focus today ahead of its Economic Policy Symposium later this week. The central bank will release the latest fed minutes from July's meeting at 2 PM ET The NYSE will be in the spotlight this afternoon as NYSE Texas celebrates its launch alongside Texas leaders and innovators in AT&T stadium to ring the closing bell. AT&T (NYSE: T) dual-listed its shares on NYSE Texas in late July. Opening Bell (NYSE: BBAI) celebrates its new, multi-year naming-rights partnership for the Washington Commanders Ashburn, Virginia, training facility Closing Bell NYSE Texas celebrates its launch with executives and founding members Click here to download the NYSE TV App SOURCE New York Stock Exchange
Cision Canada
2 days ago
- Business
- Cision Canada
NYSE Content Advisory: Pre-Market Update + Retail Earnings Kick Off
NEW YORK, Aug. 19, 2025 /CNW/ -- The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today's NYSE Pre-market update for market insights before trading begins. delivers the pre-market update on August 19th Stocks are mixed after Monday saw little change to the major averages. The retail sector will make headlines today as NYSE-listed Home Depot released earnings ahead of market open. Investors will be keeping a close eye on the numbers to gauge how the consumer is faring amid inflation and trade policy uncertainty. Investors are bracing for what the Fed says later this week at its annual Economic Policy Symposium at Jackson Hole, Wyoming. Chair Powell will deliver his remarks on Friday. Opening Bell EB Research Partnership celebrates three FDA-approved treatments for EB in the pursuit of a cure Closing Bell Action Against Hunger honors our 8,900+ staff worldwide Click here to download the NYSE TV App SOURCE New York Stock Exchange
Straits Times
2 days ago
- Business
- Straits Times
STI rises 0.7% ahead of US Fed's meeting
Sign up now: Get ST's newsletters delivered to your inbox The benchmark Straits Times Index closed 0.7 per cent or 28.81 points higher to 4,216.19. SINGAPORE – Singapore stocks rose on Aug 19 as the market awaits the outcome of the US Federal Reserve's three-day Economic Policy Symposium, which is being held in Jackson Hole in Wyoming from Aug 21. The benchmark Straits Times Index (STI) closed 0.7 per cent or 28.81 points higher to 4,216.19 points. In the broader market, gainers beat losers 269 to 217 as 2.1 billion securities worth $1.66 billion changed hands. The top gainer on the STI was Jardine Matheson Holdings (JMH), which advanced 4.2 per cent or US$2.41 to US$59.43. The trio of local banks ended the day higher. DBS was up 0.5 per cent or $0.26 to $49.86, UOB remained flattish, rising only $0.01 to $34.85, and OCBC rose 0.5 per cent or $0.08 to end at $16.76. The biggest loser on the index was ST Engineering, which lost 1.8 per cent or $0.15 to finish at $7.99. This was the second consecutive day the counter emerged as the biggest loser, despite having announced a 19.7 per cent rise in its H1 earnings last week. Across Asia, major indexes were mostly down. South Korea's Kospi fell 0.8 per cent, Japan's Nikkei 225 fell 0.4 per cent, and Hong Kong's Hang Seng Index lost 0.2 per cent Top stories Swipe. Select. Stay informed. Singapore NDP 2026 to be held at National Stadium to accommodate more Singaporeans Singapore What led to Changi Airport runway incident involving 2 China Eastern Airlines planes in Aug 2024 Singapore FairPrice apologises after woman finds worm in salmon bought from Bedok North outlet Singapore Girl, 14, among 3 injured after minibus falls into Bukit Panjang monsoon drain Singapore CPIB nabs 9 suspects for alleged match-fixing in national basketball league Singapore Live Singapore-raised seafood on sale at 3 Giant supermarkets from Aug 19 Singapore How we can beat the heat in Singapore The Bursa Malaysia Kuala Lumpur Composite Index gained 0.3 per cent.
Business Times
2 days ago
- Business
- Business Times
STI rises 0.7% ahead of US Fed's meeting
[SINGAPORE] Singapore stocks rose on Tuesday (Aug 19), as the market awaits the outcome of the US Federal Reserve's three-day Economic Policy Symposium being held in Jackson Hole in the state of Wyoming from Thursday. The benchmark Straits Times Index (STI) closed 0.7 per cent or 28.81 points higher at 4,216.19. Across the broader market, gainers beat losers 269 to 217 as 2.1 billion securities worth S$1.66 billion changed hands. The top gainer on the STI was Jardine Matheson Holdings (JMH) which advanced 4.2 per cent or US$2.41 to US$59.43. The trio of local banks ended the day higher. DBS was up 0.5 per cent or S$0.26 at S$49.86, UOB remained flattish, rising only S$0.01 to S$34.85, and OCBC rose 0.5 per cent or S$0.08 to end at S$16.76. The biggest loser on the index was ST Engineering, which lost 1.8 per cent or S$0.15 to finish at S$7.99. This was the second consecutive day the counter emerged as the biggest loser, despite having announced a 19.7 per cent rise in its H1 earnings last week. BT in your inbox Start and end each day with the latest news stories and analyses delivered straight to your inbox. Sign Up Sign Up Across Asia, major indices were mostly down. South Korea's Kospi fell 0.8 per cent, Japan's Nikkei 225 fell 0.4 per cent, and the Hong Kong's Hang Seng Index lost 0.2 per cent The Bursa Malaysia Kuala Lumpur Composite Index gained 0.3 per cent. Vasu Menon, managing director for investment strategy at OCBC bank, said Fed chairman Jerome Powell is under intense pressure from US President Donald Trump to cut rates. 'Nevertheless, with more US economic numbers due before the next September Fed policy meeting, Powell may signal an openness to cut rates next month if the data in the next few weeks support such a move,' he added.
