×

Wires

  • *OPEC has been pushing to curb output, fight glut. West Texas Intermediate crude futures were up 12 cents, or 0.3 percent, at $43.50 per barrel by 0323 GMT. "The market has fallen a lot as the news has been bad pretty consistently for the oil market," said Ric Spooner, chief market analyst at CMC Markets in Sydney.

  • YOKOHAMA, June 27- Nissan Motor Co on Tuesday said it paid CEO Carlos Ghosn 1.098 billion yen in the year ended March, up 2.5 percent from the previous year. Ghosn, one of the best-paid auto executives, received a separate salary of 7.06 million euros last year as CEO of Renault SAC, Nissan's automating alliance partner. Ghosn stepped down as Nissan CEO at the end of...

  • June 26- The U.S. apartment vacancy rate increased in the second quarter and rents were higher, according to a report from Reis Inc.. The national vacancy rate rose slightly to 4.4 percent in the second quarter from 4.3 percent in the first quarter, the real estate research firm said. Asking rent rose 1.3 percent and effective rent grew 1.1 percent in the most recent...

  • TOKYO, June 27- Japanese stocks edged towards two-year highs on Tuesday as exporters benefitted from dollar strength, with investors expecting comments from Federal Reserve Chair Janet Yellen to support the Fed's projection for one more interest rate rise this year. Yellen is scheduled to take part in a discussion on global economic issues at London's Royal...

  • In a speech at the World Economic Forum in the northeastern city of Dalian, Li also said China will fulfill its promises on tackling climate change.

  • SYDNEY, June 27- Copper prices eased in early Asian trading on Tuesday, hurt by weak U.S. durable goods figures and a firm dollar. "The decline in orders was a surprise, which along with the U.S. dollar took more wind out of copper today," a trader in Perth said. Shanghai Futures Exchange slipped 0.09 percent to.

  • TOKYO, June 27- Japan's Nikkei share average edged up to hover near two-year highs on Tuesday morning as a weaker yen helped exporters rise, while financial stocks rebounded from Monday's declines. On Monday, volume on the Tokyo Stock Exchange's First Section was 1.396 billion shares, the lowest level in nearly a month. "The fundamental mood is not bad, but it's hard...

  • SINGAPORE, June 27- U.S. soybeans rose half a percent on Tuesday, extending gains into a third session after the U.S. Department of Agriculture pegged the condition of the crop below market expectations. The Chicago Board Of Trade most-active soybean contract rose 0.5 percent to $9.11-1/ 2 a bushel by 0211 GMT, corn gained 0.3 percent to $3.60 a bushel and wheat...

  • Collins' opposition highlights the delicate balance that Senate Majority Leader Mitch McConnell must strike as he tries to deliver a legislative win to President Donald Trump by reconciling the Republican Party's moderate and conservative wings. Key conservative senators have said the Senate bill does not do enough to repeal Obamacare.

  • West Texas Intermediate crude futures were up 3 cents at $43.41 per barrel by 0148 GMT and Brent crude futures added 6 cents at $45.89 per barrel. "Three days of price action has been interesting, it has been short covering," said Ric Spooner, chief market analyst at CMC Markets in Sydney. OPEC states and 11 other exporters agreed in May to extend cuts of 1.8 million...

  • Trump was also warm but made clear he sees a need for more balance in the U.S.- India trade relationship in keeping with his campaign promise to expand American exports and create more jobs at home. Last year the U.S. trade deficit with India neared $31 billion. Trump said he was pleased about an Indian airlines recent order of 100 new American planes and that the...

  • Haiti has pinned some of its economic growth hopes on the textile industry, which accounts for 90 percent of its exports, according to export.gov, a website managed by the U.S. Department of Commerce. The United States has granted Haiti a preferential trade deal, creating some 40,000 jobs, the Association of Haitian Industries said last November.

  • SYDNEY, June 27- U.S. soybeans rose nearly 0.5 percent on Tuesday, extending gains into a third consecutive session, after the U.S. Department of Agriculture pegged the condition of the crop below market expectations. *The USDA rated 67 percent of the U.S. corn crop in good to excellent condition, unchanged from the prior week, but below analysts' expectations.

  • WASHINGTON, June 26- Escalating a trade dispute with Canada in the run-up to talks on renegotiating NAFTA, the U.S. Commerce Department on Monday imposed preliminary anti-dumping duties on Canadian softwood lumber of up to 7.72 percent. Canada, which denies it subsidizes producers, said earlier this month it would give C $867 million in aid to the domestic...

  • MEXICO CITY, June 26- President Enrique Pena Nieto and industry executives praised a three-year-old overhaul of Mexico's telecommunications sector on Monday as it faces a major challenge from billionaire Carlos Slim in the Supreme Court. It would have condemned Mexico to falling behind, " Pena Nieto told hundreds of government officials and industry...

  • WASHINGTON, June 26- President Donald Trump on Thursday will lay out his plan for reducing regulations to boost already-abundant U.S. production of oil, natural gas and coal and export it around the world, creating American jobs and helping allies. "Weve gone from the age of scarcity now to the age of abundance when it comes to American energy," Mike Catanzaro, a White...

  • WASHINGTON, June 26- President Donald Trump and Indian Prime Minister Narendra Modi on Monday called on Pakistan to ensure that its territory is not used to launch terrorist attacks on other countries, the White House said in a statement.

  • *China aims to become lowest-cost seller of FLNG plants. LONDON, June 27- China plans to pour almost $7 billion into floating liquefied natural gas projects in Africa, betting on a largely untested technology in the hope that energy markets will recover by the time they start production in the early 2020 s. China, however, is making a strategic push into FLNG, aiming...

  • The White House is launching its "energy week" with a series of events focused on jobs and boosting U.S. global influence. The previous weeks were largely overshadowed by ongoing probes into whether Trump campaign officials colluded with Russia to influence the 2016 election, as well as scrutiny over Trump's firing of James Comey as FBI director.

  • BENGALURU, June 27- Gold edged down on Tuesday on a firmer dollar ahead of a speech by Federal Reserve Chair Janet Yellen, which may give clues on the pace of possible interest rate hikes by the U.S. central bank. *Spot gold had fallen 0.2 percent to $1,241.11 per ounce by 0046 GMT. *The U.S. Supreme Court on Monday handed a victory to President Donald Trump by reviving...