GO
Loading...

Enter multiple symbols separated by commas

Australia & New Zealand

More

  • 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...

  • *Report says Greece ready to accept most creditor conditions. LONDON, July 1- Base metals edged higher 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...

  • July 1- Asia's largest economies showed hints of healing last month but euro zone factory growth remained tepid as Greek debt talks, and the country's possible departure from the bloc, dominated debate in Europe. Speculation Athens would fail to make June 30' s 1.6 billion euro repayment to the International Monetary Fund, heightening expectations Greece...

  • METALS-London copper, nickel slip after China PMI data Wednesday, 1 Jul 2015 | 3:40 AM ET

    MELBOURNE, July 1- London copper edged lower on Wednesday after China's June factory growth came in slightly slower than expected, while nickel slipped again, a day after it slid to six-year lows. Activity in China's manufacturing sector expanded slightly in June, not as much as expected but offering some signs that the world's second-largest economy may be...

  • *Shares surge 17 pct to A $7.77 but below bid price of A $9.05 Asciano's former parent, Toll Holdings, agreed to sale in Jan. SYDNEY, July 1- Canada's Brookfield Asset Management has approached Australia's Asciano Ltd with a $6.8 billion takeover bid, but uncertainty about whether the deal would go through capped gains in the stock price of the rail freight firm.

  • *China activity surveys hint at some leveling out, no rebound. SYDNEY, July 1- Growth in China's services sector picked up in June while big Japanese companies planned to ramp up spending at the fastest pace in a decade, offering hope that prospects are improving for Asia's largest economies despite sluggish factory growth. Wednesday's data fueled expectations...

  • *Wheat falls after climbing almost 19 pct in 4 sessions. Wheat also slid nearly 1 percent and soybeans 0.7 percent after posting big gains on Tuesday. "We have seen prices rally on the back of adverse weather conditions and the USDA data which was bullish relative to expectations," said Graydon Chong, senior grains analyst at Rabobank in Sydney.

  • SYDNEY/ TOKYO, July 1- The euro slipped in Asia on Wednesday with Greece's fate still hanging in the balance after it became the first advanced economy to ever be in arrears to the International Monetary Fund. It has been choppy between $1.0955 and $1.1279 this week in reaction to ever-changing developments in Greece. The International Monetary Fund on Tuesday...

  • DIARY- Top Economic Events to July 13 Tuesday, 30 Jun 2015 | 8:01 PM ET

    LONDON- Bank of England publishes financial stability report, followed by Governor Mark Carney's news conference- 0930 GMT. FRANKFURT- European Central Bank Governing Council meeting. BERLIN- European Central Bank Governing Council member Jens Weidmann and Bundesbank Vice President Claudia Buch to participate in cabinet meeting of the federal...

  • SINGAPORE, June 30- Financial markets around the world will open on Wednesday with a tinge of apprehension, not just because of developments in Greece or China, but because of an extra second. A "leap second" is being added to the world's clocks at midnight GMT on Tuesday, which could test the extremely sensitive trading systems of the modern algorithmic era,...

  • TOKYO, June 30- General Electric Co said it would sell its European private equity financing business to a unit of Japan's Sumitomo Mitsui Banking Corp for about $2.2 billion as the U.S. conglomerate sheds financial assets amid a restructuring. This makes the deal attractive to the core banking unit of Japan's third largest bank, Sumitomo Mitsui Financial...

  • World's markets brace for Wednesday's leap second Tuesday, 30 Jun 2015 | 7:24 AM ET

    SINGAPORE, June 30- Financial markets around with world will open on Wednesday with a tinge of apprehension, not just because of developments in Greece or China, but because of an extra second. A "leap second" is being added to the world's clocks at midnight GMT on Tuesday, which could test the extremely sensitive trading systems of the modern algorithmic era,...

  • LONDON, June 30- Nickel tumbled to a six-year low on Tuesday and other metals also fell as speculators sold off on worries over excess supply, uncertainty in top metals consumer China and the Greek debt crisis. The CTAs are looking to run the metals down where they can, "said Robin Bhar, head of metals research at Societe Generale in London. "Things are very volatile...

  • TOKYO, June 30- General Electric Co is close to selling its European private equity financing unit to Japan's Sumitomo Mitsui Banking Corp for more than $2 billion, a person with direct knowledge of the matter said, as the U.S. industrial conglomerate sheds its financial assets amid a restructuring. This makes the deal attractive to the core banking unit of...