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Australasia

  • GLOBAL MARKETS-Google, IBM cast shadow Thursday, 17 Apr 2014 | 4:23 AM ET

    *Earnings depress Google, IBM in after-hours trade. LONDON, April 17- European stocks dipped on Thursday as disappointing earnings from U.S. tech heavyweights Google and IBM dampened the previous session's upbeat tone on Wall Street, and the dollar weakened on dovish remarks from the Federal Reserve.

  • LONDON, April 17- Brent crude rose to nearly $110 a barrel on Thursday, trading just below a six-week high hit in the previous session, with rising tensions in Ukraine heightening concerns over Russian supplies, and robust U.S. and Chinese demand supporting prices.

  • *Significant progress at Geneva talks on Ukraine seen slim. With Russian troops massed on the border with Ukraine, prospects of defusing the crisis at talks in Geneva later in the day among foreign ministers from Russia, Ukraine and the United States together with the European Union's foreign policy chief appear slim.

  • *Significant progress at Geneva talks on Ukraine seen slim. With Russian troops massed on the border with Ukraine, prospects of defusing the crisis at talks in Geneva later in the day among foreign ministers from Russia, Ukraine and the United States together with the European Union's foreign policy chief appear slim.

  • Brent holds near $110 on Ukraine crisis Wednesday, 16 Apr 2014 | 11:49 PM ET

    *Significant progress at Geneva talks on Ukraine seen slim. SINGAPORE, April 17- Brent oil steadied above $109 a barrel on Thursday, trading not far from a six-week high, as rising tensions in Ukraine kept the geopolitical risk premium on crude prices intact, while an upbeat view on U.S. and Chinese demand was also supportive.

  • Canny Australians build a bulwark out of housing debt Wednesday, 16 Apr 2014 | 11:34 PM ET

    SYDNEY, April 17- The adage "safe as houses" has been an oxymoron since the global financial crisis. A tiny 15 sq metre studio apartment in inner Sydney recently went for A $220,000, or A $14,666 per sq metre- not far off Manhattan heights.

  • *Troop carriers enter east Ukraine bearing Russian, separatist flags. April 16- Brent crude rose toward $110 a barrel on Wednesday on mounting tensions in Ukraine, while prices for U.S. oil were nearly unchanged after a report showed a huge build in stockpiles, which canceled out geopolitical concerns.

  • Home sales of $10 million rise in Connecticut town Wednesday, 16 Apr 2014 | 3:06 PM ET

    NEW HAVEN, Conn.— Connecticut's Gold Coast is living up to its name, with a record $120 million sale of a waterfront estate in Greenwich leading an increase in sales of homes for more than $10 million. Five homes sold this year for more than $10 million in Greenwich, according to the assessor's office.

  • *Troop carriers enter east Ukraine bearing Russian, separatist flags. LOS ANGELES, April 16- Brent crude rose close to $110 a barrel on Wednesday due to mounting tensions in Ukraine, while prices for U.S. oil fell after a report showed a huge build in stockpiles in the world's largest oil consumer.

  • GRAINS-U.S. soy up 1 percent on supply woes; corn weak Wednesday, 16 Apr 2014 | 12:22 PM ET

    *Corn dips on forecasts for improved U.S. planting weather. "It has been an exciting week thus far for soybeans, and for the old-crop new-crop spreads in particular," Matt Zeller, director of market information at INTL FCStone said in a note to clients.

  • *Troop carriers enter east Ukraine bearing Russian, separatist flags. LONDON, April 16- Global oil prices rose close to $110 a barrel on Wednesday due to mounting tensions in Ukraine, but gave up some gains after an unexpectedly large build in crude stocks in the United States, the world's largest consumer of oil.

  • UPDATE 6-Oil rises above $110 on mounting Ukraine tension Wednesday, 16 Apr 2014 | 10:25 AM ET

    *Troop carriers enter east Ukraine bearing Russian, separatist flags. LONDON, April 16- Global oil prices rose above $110 a barrel on Wednesday, shaking off slower economic growth in China, as tensions mounted in Ukraine.

  • AUCKLAND, April 16- Megaupload founder Kim Dotcom, facing extradition from New Zealand to the United States to face online piracy charges, is cast variously as commercial visionary, digital martyr, online freedom campaigner, swindler and thief.

  • AUCKLAND, April 16- Internet tycoon Kim Dotcom holds court while bathing in the pool of a sprawling New Zealand mansion, fist bumping and chatting with some of the 700 guests gathered to celebrate the political party he launched last month to promote Internet freedom.

  • UPDATE 4-Oil rises to $110 on rising Ukraine tension Wednesday, 16 Apr 2014 | 5:56 AM ET

    *Troop carriers enter east Ukraine bearing Russian, separatist flags. *China Q1 GDP growth at 18- month low of 7.4 percent. LONDON, April 16- The global oil price rose to $110 a barrel on Wednesday, shaking off slower economic growth figures in China, as tensions mounted in Ukraine.

  • Robot sub makes first complete search for plane Wednesday, 16 Apr 2014 | 4:41 AM ET

    PERTH, Australia— A robotic submarine has completed its first full 16- hour mission scanning the floor of the Indian Ocean for wreckage of the missing Malaysian airliner after two previous missions were cut short by technical problems and deep water, authorities said on Thursday.

  • Australia, however, is apparently just such a place. Experts say that the resignation on Wednesday of New South Wales premier Barry O'Farrell over the gift of a bottle of wine is a sign of a political culture that has become allergic to even the whiff of corruption.

  • *Nikkei leads the way, encouraged by late rally on Wall St. *UK, euro zone data in focus, Ukraine tensions simmer. LONDON, April 16- Share markets made broad gains on Wednesday after China reported economic growth a touch above forecasts, a relief for investors who had feared a much weaker outcome.

  • Australia, however, is apparently just such a place. Experts say that the resignation on Wednesday of New South Wales premier Barry O'Farrell over the gift of a bottle of wine is a sign of a political culture that has become allergic to even the whiff of corruption.

  • UPDATE 1-Brent edges lower towards $109, China data drags Wednesday, 16 Apr 2014 | 2:22 AM ET

    *China Q1 GDP growth at 18- month low of 7.4 percent. *China oil demand slips 0.6 pct in Jan-March. China, the world's second largest economy and oil consumer, said its gross domestic product grew 7.4 percent in the first quarter, the slowest pace in 18 months but slightly ahead of market expectations for a 7.3 percent rise.

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