• Barron's: China, Russia Buy Gold, Prep for Currency War
  
  Russia and China reportedly are stockpiling gold to diversify their foreign-exchange reserves as emerging markets also have bolstered precious-metal holdings as prices hover near their highest levels in more than six years.
• London Stock Exchange Rejects Hong Kong's $39B Bid
  
  The London Stock Exchange emphatically rejected the Hong Kong bourse's $39 billion takeover offer on Friday, opting to stick with its planned purchase of data and analytics group Refinitiv.
• China to Lift Punitive Tariffs on US Soybeans, Pork
  
  China will lift punitive tariffs imposed on U.S. soybeans and pork in a trade war with Washington, a state news agency said Friday, in a possible goodwill gesture ahead of negotiations.
• Gold Investors See M&A, Cost Cuts Unlocking $13B
  
  A group of investors including the hedge fund founded by billionaire John Paulson said "significantly mismanaged" gold companies could unlock $13 billion in value through mergers and cost cuts.
• EPA Repeals Obama-Era Water Rules to Boost Industry
  
  The Trump administration on Thursday announced repeal of an Obama-era regulation that had expanded pollution protections for waterways such as wetlands and shallow streams,
• Wall Street Ends Higher on Trade, ECB Stimulus Hopes
  
  U.S. stocks advanced on Thursday, and the S&P 500 closed within striking distance of its all-time high, buoyed by positive developments on the U.S.-China trade front and a promise of continued stimulus from the European Central Bank.
• China Makes Biggest US Soybean Purchases Since June
  
  Chinese importers bought at least 10 boatloads of U.S. soybeans on Thursday, their most significant purchases since at least June, traders said, ahead of high-level talks next month aimed at ending a bilateral trade war that has lasted more than a year.
• LSE Board to Decide on Hong Kong Exchange's $39B Bid
  
  The London Stock Exchange's board will meet in coming days to make a decision on the Hong Kong bourse's surprise $39 billion takeover proposal, a source close to the British company said.
• Paulson's Gold Investor Group Urges Deals, Costs Purge
  
  Gold bull John Paulson's investor coalition on Thursday urged the world's largest gold miners to immediately cut what it called excessive governance and administrative (G&A) costs and said smaller rivals should pursue no-premium mergers to boost shareholder returns.
• Aramco May Shun Direct IPO Sales to US Funds
  
  Saudi Aramco is considering a structure for its initial public offering that would prevent it from marketing the deal directly to fund managers in the U.S., people with knowledge of the matter said.
• ECB Vows Stimulus Bond Buys 'as Long as Necessary'
  
  The European Central Bank cut interest rates further below zero and will start open-ended bond purchases as President Mario Draghi overcame critics of his stimulus policies to make a final run at reflating the euro-area economy.
• OPEC Members Iraq, Nigeria Agree to Cut Oil Output
  
  OPEC agreed on Thursday to trim oil output by asking over-producing members Iraq and Nigeria to bring production in line with their targets as the group strives to prevent a glut amid soaring U.S. production and a slowing global economy.
• China Keeps Penalties on US Pork, Soy, Eases Some Others
  
  China on Wednesday announced it will exempt American industrial grease and some other imports from tariff hikes in a trade war with Washington but kept in place penalties on soybeans and other major U.S. exports ahead of negotiations next month.
• OPEC Cuts 2020 Oil Forecast, Urges Effort to Avert Glut
  
  OPEC on Wednesday cut its forecast for growth in world oil demand in 2020 due to an economic slowdown, an outlook the producer group said highlighted the need for ongoing efforts to prevent a new glut of crude.In a monthly report, the Organization of the Petroleum Exporting...
• Hong Kong Exchange Makes Surprise $36.6B Bid for LSE
  
  Hong Kong Exchanges and Clearing has made an unsolicited $39 billion takeover approach for the London Stock Exchange, a proposal contingent on the LSE ditching its acquisition of data company Refinitiv.
• New Texas Gold Vault Expected to Rival Ft. Knox
  
  The Lone Star State is preparing to open a new complex for storing gold that could eventually dwarf the deposits held in the U.S. Bullion Depository in Kentucky, more commonly known as Fort Knox.The Texas Bullion Depository will open later this year in Leander, Texas, about...
• Forgotten Gold-Rush Hub Producing Most in 100 Years
  
  As gold prices soar, new technology has production in southern Australia booming.
• China Scraps Foreign Investment Limit in Stock, Bond Markets
  
  China removed one more hurdle for foreign investment into its capital markets almost 20 years after it first allowed access.
• Citi: Gold May Top Record $2,000 as Fed Cuts Rates to Zero
  
  Gold prices may rally to a record above $2,000 an ounce in the next two years, according to Citigroup Inc., which gave a laundry list of positive drivers including rising risks of a global recession and the likelihood that the Federal Reserve will reduce U.S. interest rates...
• China Producer Prices Shrink Most in 3 Years in August
  
  China's factory-gate prices shrank at the sharpest pace in three years in August, falling deeper into deflationary territory and reinforcing the urgency for Beijing to step up economic stimulus as the trade war with the United States intensifies.
• Russia's Huge Gold Stash Now Worth More Than $100B
  
  Russia's long-running bet on gold is looking better every month.The country quadrupled gold reserves in the past decade as it diversified away from U.S. assets, a move that has paid off recently as haven demand sent prices to a six-year high. In the past year, the value of...
• UK Shows Unexpected Strength, Dampen Recession Fears
  
  Britain's economy picked up more than expected in July, data showed on Monday, dampening fears that it will succumb to its first recession since the financial crisis as the Brexit crisis escalates.
• Saudi Aramco Eyes JPMorgan, Morgan Stanley for IPO Roles
  
  Saudi Aramco is expected to give lead roles to JPMorgan, Morgan Stanley and National Commercial Bank for its planned initial public offering (IPO), a source familiar with the transaction said.
• China's Aug. Forex Reserves Rise to $3.1072 Trillion
  
  China's foreign exchange reserves rose unexpectedly in August, even as the yuan posted its biggest monthly drop in 25 years amid escalating trade tensions with the United States.
• China Has Added Nearly 100 Tons of Gold to Reserves
  
  China has added almost 100 tons of gold to its reserves since it resumed buying in December, with the consistent run of accumulation coming amid a rally in prices and the drag of the trade war with Washington.

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