GO
Loading...

Enter multiple symbols separated by commas

Australia & New Zealand

More

  • MILAN/ TOKYO, July 8- Chevron's $54 billion Gorgon LNG project- the world's most expensive- may be forced to dump chunks of its early production onto an already saturated global spot market, as some Japanese clients warn they are unlikely to take up test shipments. After nearly five years of construction, test exports of LNG from Gorgon's 15.6...

  • SYDNEY, July 8- Circling thousands of feet above Tasmania's farmland in a light aircraft, Christina Nebel prepares to release tiny chemical particles as part of a cloud-seeding scheme estimated to have helped boost rainfall on the Australian island by over 10 percent. The programme is one of a handful globally riding a wave of renewed interest in the...

  • SINGAPORE, July 7- Malaysia's central bank intervened for a third successive trading day on Tuesday to support the ringgit currency, traders said, as corruption allegations swirled round Prime Minister Najib Razak, raising doubts over his grip on power. A scandal over the $11.6 billion of debt wracked up by state fund 1 MDB had been bubbling for months, with...

  • SYDNEY, July 7- Australian chemical maker Orica Ltd said it would curb output and cut staff at a site in the state of Queensland, hit by faltering demand for explosives from the mining industry. Orica said it would lower production of ammonium nitrate as supply outstrips demand, while 10 percent of the 220 staff employed at the Yarwun site are expected to lose their...

  • BEIJING— Chinese stocks fell Tuesday despite government intervention and other global markets were mixed as Greece's spiraling crisis kept investors on edge. Britain's FTSE 100 shed 0.2 percent to 6.521. 87. On Monday, the DAX lost 1.5 percent, the CAC-40 declined 2 percent and Britain's FTSE 100 was off 0.8 percent.

  • *New South Wales minister wants to change mining approval policy. SYDNEY, July 7- The Australian state of New South Wales has proposed changing its mining approval process to give greater consideration to environmental concerns, potentially threatening a colliery expansion planned by mining giant Rio Tinto Ltd.. Alan Leslie, spokesperson for the Bulga...

  • *All eyes on euro zone summit on Greece later on Tuesday. SINGAPORE, July 7- Gold fell on Tuesday as markets awaited news from a euro zone summit to see whether progress would be made in the Greek debt crisis, even as increasing short positions in the precious metal underlined bearish sentiment towards bullion. Gold has so far failed to see significant safe-haven...

  • SYDNEY, July 7- The Australian state of New South Wales has proposed changing its mining approval process to give greater consideration to environmental concerns, potentially threatening a colliery expansion planned by mining giant Rio Tinto Ltd.. The NSW Minerals Council said in a statement that the government had chosen "what it believes is the easy...

  • SYDNEY- Reserve Bank of Australia holds interest rate meeting- 0430 GMT. PARIS- Bank of France Governor Christian Noyer is due to speak about EU capital markets union at a financial sector conference- 0700 GMT. FRANKFURT- German's Bundesbank Board member Joachim Nagel to speak on "Asset Management of Public Pension Funds"- 1400 GMT.

  • CHICAGO, July 6- U.S. corn and soybean futures dropped on Monday as lighter-than-expected U.S. rainfall eased fears about soggy Midwest crops while worries over Greece and China led investors to shun many commodity markets. Corn prices pulled back from 2015 highs notched last week after heavy Midwest rains raised crop concerns and following a...

  • *Oil sinks 5 percent on worries over Greece, China, Iran. SAN FRANCISCO, July 6- Equity markets around the world fell on Monday and U.S. oil prices slumped 5 percent after Greece overwhelmingly voted against conditions for a rescue package and on unprecedented measures in China to staunch massive recent losses in its stock markets. Wall Street trimmed earlier...

  • LONDON, July 6- European shares were set for steep falls on Monday, the euro stumbled and yields on weaker euro zone economies' bonds rose after Greece's overwhelming vote against conditions of a rescue package endangered its future in the euro zone. In the wake of Sunday's' No' vote against the bailout conditions demanded by Greece's creditors, bankers said the...

  • SINGAPORE, July 6- Most commodity prices suffered falls on Monday, compounding worries about oversupply, after Greece rejected terms for a bailout and top consumer China unleashed emergency measures over the weekend to prevent a full-blown stock market crash. "As far as Greece is concerned, if we are going to see a drawn-out period of uncertainty, that may be...

  • China uses more than a billion tonnes of iron ore a year to make steel- 14 times the consumption of the United States- but Beijing's efforts to shift the economy to consumer-led growth means steel consumption is peaking faster than expected. "It's clear China can no longer consume all the iron ore that's out there, so something's got to give," said James Wilson, a...

  • METALS-Copper inches up ahead of U.S. jobs data Thursday, 2 Jul 2015 | 6:48 AM ET

    *Copper premiums depressed worldwide on oversupply- Triland. LONDON, July 2- Copper rose on Thursday, supported by signs the growth slowdown in top consumer China is leveling out, and as a U.S. jobs report due later is expected to show an economy gaining steam. "Copper should have formed a bottom around current levels.

  • *Sunday's referendum could be flash point for Greece. LONDON, July 2- The Swedish crown sank 1 percent on Thursday after Sweden's central bank surprised markets by cutting interest rates deeper into negative territory and saying it would pump more money into the economy, citing risks from Greece. Sweden's Riksbank said that uncertainty abroad had increased...

  • DIARY- Top Economic Events to July 15 Thursday, 2 Jul 2015 | 12:00 AM ET

    LONDON- Bank of England's Andrew Gracie speaks at financial services cyber security conference- 0805 GMT. MILAN, Italy- European Central Bank President Mario Draghi to give opening remarks at T2S launch celebration- 1510 GMT. MILAN, Italy- European Central Bank Executive Board member Yves Mersch to give closing remarks at T2S launch celebration- 1700 GMT.

  • NEW YORK, July 1- Star bond fund manager Bill Gross will be getting help running his struggling Janus Capital Group Inc mutual fund from Kapstream Capital Pty Ltd's Kumar Palghat, Janus said on Wednesday after acquiring a majority stake in Kapstream. Gross, who began managing the Janus Global Unconstrained Bond Fund in October, will continue to be primary...

  • *Greece says ready to accept most creditor conditions. Metals joined euro zone stocks and peripheral bonds in climbing after Greece said it was ready to accept a bailout offer from its international creditors if some conditions were changed. "There's a recognition that even in the worst scenario, if Greece leaves the euro zone, it's not necessarily going to have...

  • *Greece says ready to accept most creditor conditions. LONDON, July 1- Most base metals rose on Wednesday on hopes that demand would recover in China and that Greece would eventually agree a bailout with creditors. "There's a recognition that even in the worst scenario, if Greece leaves the euro zone, it's not necessarily going to have a deep negative impact on...