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Goldcorp Announces Increased Credit Facility

[PR Newswire] – BMO Capital Markets acted as Co-Lead Arranger, Joint Bookrunner and Administrative Agent, and Canadian Imperial Bank of Commerce and The Bank of Nova Scotia acted as Co-Lead Arrangers, Joint Bookrunners and Syndication Agents. The lending syndicate also included Royal Bank of Canada, The Toronto-Dominion Bank, HSBC Bank USA, N.A. and Export Development Canada, acting as Co-Documentation Agents, and Bank of Tokyo-Mitsubishi (UFJ) (Canada), Mizuho Bank, Ltd., Sumitomo

Oil steady as bullish IEA balances bearish World Bank

Oil prices steadied on Thursday as a bullish report from the International Energy Agency (IEA) agency balanced a gloomy outlook from the World Bank, which cut its global economic growth forecast. IEA, which coordinates energy policy for industrial nations, raised its projection for global oil demand growth in 2015 by 280,000 barrels per day (bpd) to 1.40 million bpd, bringing demand this year to almost 94 million bpd. The agency

China's May property investment growth dips to slowest since 2009

China’s real estate investment growth continued on its downward track in the first five months of 2015, to reach its slowest rate since May 2009, but government stimulus policies appeared to all but end the decline in floor area sold. Prices of new homes in 288 cities edged up 0.05 percent in May from April, the first rise in 14 months, property services provider Real Estate Information Corporation (CRIC) said