×

Wires

  • *Soybeans fall to weakest since April 2016, down for 3rd day. SINGAPORE, May 30- Chicago soybean futures lost more ground on Tuesday with the market dropping to a more than 13- month low as record supplies from South America added pressure. The most-active soybean contract on the Chicago Board Of Trade fell 0.3 percent to $9.23-3/ 4 a bushel by 0209 GMT, near the...

  • MELBOURNE, May 30- London copper drifted on Tuesday after a long weekend, as markets awaited top consumer China to resume trading later this week when its factory data is also due for the next directional cues. *Euro zone growth may be improving but inflation remains subdued and still requires substantial stimulus, European Central Bank President Mario Draghi...

  • TOKYO, May 30- Japan's Nikkei share average slipped on Tuesday, with the equity market feeling downward pressure from a stronger yen, which hurts big manufacturers' export revenues. The yen advanced to a 12- day high, as investors sought safe havens due to fresh political uncertainty in Europe, where remarks by former Italian prime minister Matteo Renzi raised...

  • SAO PAULO, May 29- President Michel Temer urged Brazil's top electoral court to decide quickly on a case alleging illegal funding of his 2014 campaign in order to lift political uncertainty overshadowing a recovery in Latin America's largest economy. Helped by bumper soy and corn harvests, Brazil's economy eked out growth in the first quarter following its...

  • TOKYO, May 30- Japan's Nikkei share average slipped on Tuesday, with the equity market feeling downward pressure from a stronger yen, which hurts big manufacturers export revenues. The yen advanced to a 12- day high, as investors sought safe havens due to fresh political uncertainty in Europe, where remarks by former Italian prime minister Matteo Renzi raised...

  • May 30- The following table shows rates for Asian currencies against the dollar at 0138 GMT. Currency Latest bid Previous day Pct Move Japan yen 110.810 111.24 +0.39 Sing dlr 1.387 1.3861- 0.04 Korean won 1123.100 1121.7- 0.12 Baht 34.130 34.123- 0.02 Peso 49.880 49.82- 0.12 Rupiah 13330.000 13320- 0.08 Rupee 64.485 64.49 0.00 Ringgit 4.281 4.2705 -0.25.

  • SYDNEY, May 30- U.S. soybeans fell on Tuesday to hit a fresh 13- month low as aggressive selling of record South American production pushed the oilseed towards a third consecutive daily loss. *The most active soybean futures on the Chicago Board Of Trade fell 0.3 percent to $9.24 a bushel by 0127 GMT, near the session low of $9.23 3/ 4 a bushel- the lowest since April 2016.

  • *Labour demand at highest since February 1974. TOKYO, May 30- Labour demand in Japan rose to its strongest in more than 40 years while the unemployment rate held steady at a two-decade low in April, offering hope that a tight labor market will eventually spark a turnaround in weak consumer spending. "Consumer spending looks weak now, but the labor market continues to...

  • *Labour demand at highest since February 1974. TOKYO, May 30- Labour demand in Japan rose to its strongest in more than 40 years while the unemployment rate held steady at a two-decade low in April, offering hope that a tight labour market will eventually spark a turnaround in weak consumer spending. "Consumer spending looks weak now, but the labour market continues...

  • *Former prime minister Matteo Renzi suggested on Sunday that Italy's next election be held at the same time as Germany's, saying this made sense "from a European perspective". *British Prime Minister Theresa May said she would walk away from divorce talks with the European Union without a deal if she had to, but her rival in next week's election, Labour's Jeremy...

  • SINGAPORE, May 30- Singapore's central bank said on Tuesday that it has imposed financial penalties on Credit Suisse and United Overseas Bank after completing its two-year review of banks involved in 1 MDB-related transactions. It fined Credit Suisse S $700,000 and UOB S $900,000. Malaysia's 1 MDB, once a pet project of Prime Minister Najib Razak who chaired...

  • SINGAPORE, May 30- Singapore's central bank said on Tuesday that it has imposed financial penalties on Credit Suisse and United Overseas Bank after completing its two-year review of banks involved in 1 MDB-related transactions. It fined Credit Suisse S $700,000 and UOB S $900,000. Malaysia's 1 MDB, once a pet project of Prime Minister Najib Razak who chaired...

  • *Asia ex- Japan flat after US, UK holidays; Japan retreats. *China, Hong Kong, Taiwan closed for holidays. SINGAPORE, May 30- The euro came under pressure on Tuesday after a media report that Greece may forego its next bailout payment if creditors cannot strike a debt relief deal, while Asian stocks were shackled by holidays in some regional markets and the United States...

  • SINGAPORE, May 30- U.S. crude oil prices rose towards $50 per barrel on Tuesday as a strong start to the summer driving season in the United States suggested strong fuel demand in months ahead. West Texas Intermediate crude futures climbed above $50 per barrel in early trading on Tuesday, and were at $494.97 per barrel at 0032 GMT, still up 17 cents from their last...

  • SINGAPORE, May 30- U.S. crude oil prices rose towards $50 per barrel on Tuesday as a strong start to the summer driving season in the United States suggested strong fuel demand in months ahead. West Texas Intermediate crude futures climbed above $50 per barrel in early trading on Tuesday, and were at $494.97 per barrel at 0032 GMT, still up 17 cents from their last...

  • *U.S., UK markets were closed for holidays on Monday. TOKYO, May 30- The dollar firmed on Tuesday, taking back ground against the euro and sterling which were pressured by political uncertainties in the UK and eurozone. British Prime Minister Theresa May's lead over the opposition Labour Party dropped to 6 percentage points in a poll published on Tuesday, the latest...

  • 1- Jun Spain Bond auction 1- Jun Japan 3- month discount bill auction 1- Jun Japan Auction of 10- year government bonds 5- Jun France Auction of BTF Treasury notes 6- Jun United Kingdom Auction of 0 1/ 2% Treasury Gilt 2022. 6- Jun Netherlands DTC auction 6- Jun Japan Auction of 30- year government bonds 7- Jun Germany Auction of 5- year Federal notes 7- Jun Sweden...

  • 1- Jun Spain Bond auction 1- Jun Japan 3- month discount bill auction 1- Jun Japan Auction of 10- year government bonds 5- Jun France Auction of BTF Treasury notes 6- Jun United Kingdom Auction of 0 1/ 2% Treasury Gilt 2022. 6- Jun Netherlands DTC auction 6- Jun Japan Auction of 30- year government bonds 7- Jun Germany Auction of 5- year Federal notes 7- Jun Sweden...

  • **NEW YORK, United States- Federal Reserve Board Governor Lael Brainard speaks on the economy and monetary policy before the New York Association for Business Economics Luncheon Speaker Series 1700 GMT. VIENNA- Austrian National Bank Governor Ewald Nowotnty to speak on a panel about Marshall plan- 1600 GMT. VIENNA- ECB Governing Council member Erkki Liikanen...

  • **NEW YORK, United States- Federal Reserve Board Governor Lael Brainard speaks on the economy and monetary policy before the New York Association for Business Economics Luncheon Speaker Series 1700 GMT. VIENNA- Austrian National Bank Governor Ewald Nowotnty to speak on a panel about Marshall plan- 1600 GMT. VIENNA- ECB Governing Council member Erkki Liikanen...