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FP Trading Desk (Canada) 11/13/2019 22:21
SINGAPORE — Shanghai copper prices edged lower on Thursday, as industrial output data from top consumer China came in below expectation, raising worries about demand for the metal. China’s industrial output grew significantly slower than expected in October, as weakness in global and domestic demand and the drawn-out China-U.S. trade war weighed on activity in […]
FP Trading Desk (Canada) 11/13/2019 22:18
SINGAPORE — Oil prices rose on Thursday after industry data showed a surprise drop in U.S. crude inventories while comments from an OPEC official about lower-than-expected U.S. shale production growth in 2020 also provided some support for oil. However, prices were capped by mixed signs for oil demand in China, the world’s biggest crude importer, […]
FP Trading Desk (Canada) 11/13/2019 22:08
BEIJING — China’s property investment and sales growth both eased to a three-month low in October, suggesting a critical pillar of the economy is softening, but new construction surged in a sign developers are rushing to promote sales. Some analysts say overall signs of weakening in the property sector could give provincial governments an excuse […]
FP Trading Desk (Canada) 11/13/2019 21:10
BEIJING — Following is a breakdown of China’s real estate investment for the year to October, published by the National Bureau of Statistics on Thursday. Actual investment in the sector (bln yuan, pct change y/y): Jan-Oct Jan-Sep Jan-Aug Jan-Jul Jan-Jun Jan-May Jan-Apr Jan-Mar Jan-Feb Jan-Dec Jan-Nov Jan-Oct Level 10,960.3 9,800.8 8,458.9 7,284.3 6,160.9 4,607.5 3,421.7 […]
FP Trading Desk (Canada) 11/13/2019 21:07
BEIJING — China’s industrial production growth slowed sharply in October, rising 4.7% year-on-year, official data showed on Thursday, missing forecasts of 5.4% and showing persistent pressure from weak global and domestic demand on the economy. Retail sales rose 7.2% year-on-year in October, data from the National Bureau of Statistics showed on Thursday, compared with an […]
FP Trading Desk (Canada) 11/13/2019 18:00
BOGOTA — Colombian industrial conglomerate Grupo Argos said on Wednesday its net profit increased 13% in the third quarter compared with the same period a year earlier and that it had recorded its highest-ever quarterly EBITDA. The company, whose subsidiaries include cement-maker Cementos Argos and energy company Celsia, said in a filing to the country’s […]
FP Trading Desk (Canada) 11/13/2019 18:00
TORONTO — Starlight Investments Capital LP ("Starlight Capital" or the "Investment Manager") is pleased to announce that Starlight Hybrid Global Real Assets Trust (the "Trust") (NEO: SCHG.UN) intends to complete a private placement offering (the "Offering"), consisting of both a brokered private placement of Series B units ("Series B Units") and Series F units ("Series [...]
FP Trading Desk (Canada) 11/13/2019 17:03
BHP Group Ltd said on Thursday that Mike Henry will replace Andrew Mackenzie as the chief executive officer of the world’s biggest miner at the start of next year. BHP said Mackenzie will retire on Dec. 31, and Henry will take over from Jan. 1. “Mike Henry’s deep operational and commercial experience, developed in a […]

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