Asia-Pacific News Australia & New Zealand

  • NEW YORK, Dec 8- Bond yields rose and the euro dipped on Thursday after the European Central Bank said it would prolong its bond purchase program but surprised investors by scaling back on how much it will spend each month. The euro saw its biggest one-day percentage drop against the dollar since June after the ECB said it would reduce its bond buying program to 60...

  • CHICAGO, Dec 8- U.S. soybean futures dropped 2 percent on Thursday, the steepest decline in 2-1/ 2 months, on profit-taking tied to lower vegoil prices and extended weather outlooks for rainfall in Argentina, traders and analysts said. President-elect Donald Trump's nomination of Oklahoma Attorney General Scott Pruitt to run the nation's Environmental...

  • NEW YORK, Dec 8- Bond yields rose and the euro dipped on Thursday after the European Central Bank said it would slow its stimulus program from April, while Wall Street extended the previous session's gains. However, initial market reaction was tempered after ECB President Mario Draghi said it was not an outright winding-down of quantitative easing, as...

  • CHICAGO, Dec 8- U.S. soybean futures declined by more than 2 percent on Thursday, on pace for their largest losses in three months, on profit-taking tied to lower vegoil prices and extended weather outlooks for rainfall in Argentina, traders and analysts said. President-elect Donald Trump's nomination of Oklahoma Attorney General Scott Pruitt to run the...

  • LONDON, Dec 8- Copper edged lower on Thursday as the dollar rebounded after the European Central Bank's decision to cut its monthly asset purchases but extend the programme until the end of 2017.. The ECB said it would trim asset purchases to 60 billion euros per month from next April, from the current 80 billion euros, but ECB chief Mario Draghi said that should not...

  • *China trade beats forecasts, commodity imports jump. NEW YORK, Dec 8- Bond yields rose and the euro dipped on Thursday after the European Central Bank said it would slow its stimulus program from April, while Wall Street struggled to extend the previous session's records. However, initial market reaction was tempered after ECB President Mario Draghi said it was...

  • LONDON, Dec 8- Copper reversed earlier gains on Thursday as the dollar rebounded after the European Central Bank's decision to cut its monthly asset purchases. The ECB said it would cut its asset purchases to 60 billion euros per month from next April from the current 80 billion euros, adding asset buys will run until the end of 2017, or longer if necessary.

  • *Stock markets climb for fourth day, Wall Street at record. *China trade beats forecasts, commodity imports jump. LONDON, Dec 8- The euro dived following a brief surge and bond markets were left dazed on Thursday, after the European Central Bank said it would slow its stimulus program from April but also extend it until at least the end of next year.

  • LONDON, Dec 8- Copper rose on Thursday, due to strong Chinese imports data, fuelled by the country's thirst for commodities, and as the dollar remained under pressure after the European Central Bank cut its asset purchases from next April. China's November imports expanded 6.7 percent on-year, confounding expectations for a drop of 1.3 percent and the strongest...

  • *World share markets climb for 4th day, Wall Street at record. *China trade beats forecasts, commodity imports jump. LONDON, Dec 8- A signal from the European Central Bank that it would slow its stimulus program from April next year spooked bond and money markets on Thursday and triggered a short sharp surge in the euro.

  • *World share markets climb for 4th day, Wall Street at record. LONDON, Dec 8- World shares climbed to a three-month high on Thursday as encouraging Chinese data and a record-high Wall Street kept traders upbeat before an expected extension of the European Central Bank's already generous stimulus program. Asia shares had risen to one-month highs after Wall...

  • *More wheat purchases expected as India ends duties. *Prices drift before USDA report on Friday. "Wheat is seeing support today from the news that India is removing its wheat import tariffs," said Matt Ammermann, commodity risk manager for INTL FCStone.

  • China's November imports expanded 6.7 percent on-year, confounding expectations for a drop of 1.3 percent and the strongest gain since September 2014. China's imports of copper, used in plumbing and wiring, surged 31 percent in November. "Fundamentals are constructive for base metals and there is still a more than 5 percent growth in China, which is very strong...

  • WELLINGTON, Fla. _ KLX Inc. on Thursday reported fiscal third-quarter net income of $19.8 million, after reporting a loss in the same period a year earlier. On a per-share basis, the Wellington, Florida- based company said it had net income of 38 cents. This story was generated by Automated Insights using data from Zacks Investment Research.

  • *World share markets climb for 4th day, Wall Street at record. *China trade beats forecasts, commodity imports jump. LONDON, Dec 8- World shares climbed to a near three-month high on Thursday as encouraging China data and a record high Wall Street kept traders upbeat ahead of an expected extension of the European Central Bank's already generous stimulus programme.

  • BEIJING, Dec 8- China's imports grew at the fastest pace in more than two years in November, fueled by its strong thirst for commodities from coal to iron ore, while exports also rose unexpectedly, reflecting a pick-up in both domestic and global demand. "The improvement reflects a strengthening in global demand, with recent business surveys suggesting that...

  • SEOUL/ SINGAPORE, Dec 8- Oil prices erased early gains to trade almost flat in Asian session on Thursday on mixed U.S. crude stocks data and doubts over OPEC's implementation of an output cut, although a weaker dollar aided sentiment. International Brent crude futures were trading up 2 cents at $53.02 a barrel at 0807 GMT. U.S. benchmark West Texas Intermediate...

  • BEIJING, Dec 8- China's imports of commodities surged unexpectedly last month putting the world's second-largest economy on track to set records for shipments of iron ore, coal and soybeans even as concerns linger about slowing economic growth. "The rise in copper imports reflected in part a rise in Shanghai Futures Exchange inventories and stronger demand...

  • SEOUL/ SINGAPORE, Dec 8- Oil prices gave up some early gains to turn lower in Asian trade on Thursday on mixed U.S. crude stocks data and doubts over OPEC's implementation of an output cut, although a weaker dollar put a floor under prices. International Brent crude futures were trading down 16 cents at $52.84 a barrel at 0659 GMT from their last close.

  • *Asia shares ex- Japan at month high as Wall St climbs. *Euro unfazed as Moody's turns negative on Italy rating. SYDNEY, Dec 8- Asian shares hustled to one-month highs on Thursday after Wall Street strode to another record, while bonds rallied on wagers the European Central Bank would extend its stimulus campaign at a policy meeting later in the session.