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Asia-Pacific News Australasia

  • WELLINGTON, Sept 23- New Zealand Labour Party leader Jacinda Ardern said on Saturday evening she did not expect any immediate talks with populist politician Winston Peters, whose party was poised to play kingmaker after the hotly contested national elections. "I don't expect there'll be any conversations for a little while yet," Ardern told local media as she...

  • SAN FRANCISCO/ SYDNEY/ TOKYO, Sept 22- Apple Inc's launch of the iPhone 8 kicked off with less fanfare on Friday than new models in previous years in the United States, Asia, Australia and Britain, as fans held out for the premium iPhone X, due out in early November. In San Francisco's Union Square, 50 miles from Apple's Cupertino headquarters, just 80 people were lined up...

  • LONDON, Sept 22- Nickel slid 5 percent to a five-week low on Friday after trading fees were raised in China to dampen speculation and steel prices dropped with other metals as investors shunned risky assets after more North Korean tensions. Financial markets were rattled when North Korea said on Friday it might test a hydrogen bomb over the Pacific Ocean after...

  • LONDON, Sept 22- Nickel hit a five-week low on Friday after trading fees were hiked in China to dampen speculation and steel prices slid with other metals as investors shunned risky assets after more North Korean tensions. Financial markets were rattled when North Korea said on Friday it might test a hydrogen bomb over the Pacific Ocean after U.S.

  • TOKYO, Sept 22- The 11 nations remaining in the Trans-Pacific Partnership after the United States withdrew have inched closer to a comprehensive deal, offering hope that major countries can maintain free trade in the face of U.S. protectionism, a negotiator said on Friday. Negotiators met for two days in the Japanese capital, Tokyo, to discuss what parts of the...

  • TOKYO, Sept 22- The 11 nations remaining in the Trans-Pacific Partnership after the United States withdrew have inched closer to a comprehensive deal, offering hope that major countries can maintain free trade in the face of U.S. protectionism, a negotiator said on Friday. Negotiators met for two days in the Japanese capital, Tokyo, to discuss what parts of the...

  • TOKYO, Sept 22- The 11 nations remaining in the Trans-Pacific Partnership after the United States withdrew have inched closer to a comprehensive deal, offering hope that major countries can maintain free trade in the face of U.S. protectionism, a negotiator said on Friday. Negotiators met for two days in the Japanese capital, Tokyo, to discuss what parts of the...

  • TOKYO, Sept 22- The 11 nations remaining in the Trans-Pacific Partnership after the United States withdrew have inched closer to a comprehensive deal, offering hope that major countries can maintain free trade in the face of U.S. protectionism, a negotiator said on Friday. Negotiators met for two days in the Japanese capital, Tokyo, to discuss what parts of the...

  • Some ministers from the Organization of the Petroleum Exporting Countries and from other producers are set to meet in Vienna at 0900 GMT on Friday to discuss a possible extension of an oil supply cut deal that is aimed at supporting oil prices. An OPEC source told Reuters the meeting had been postponed from 0800 GMT. The ministers from OPEC nations and others led...

  • jitters@ MELBOURNE, Sept 22- Metals in Shanghai and London tumbled on Friday as investors slashed risk given escalating tensions on the Korean peninsula and ongoing jitters about China debt after a ratings downgrade. "Metals have had quite a rally in the past few months and have done so much faster than fundamentals would suggest they should," said analyst Amy Li...

  • *OPEC meeting to take place at 0800 GMT. The Organization of the Petroleum Exporting Countries and other producers are set to meet in Vienna at 0800 GMT on Friday to discuss a possible extension of an oil supply cut deal to prop up prices. The two OPEC members have both been invited to the meeting.

  • SYDNEY/ TOKYO, Sept 22- Apple Inc's launch of iPhone 8 kicked off in a less lively mood in Asia, versus previous debuts, as fans held out for the premium iPhone X due out in early November. Hundreds of people usually gather at Apple's Sydney city store with queues winding down the town's main street, George Street, when there is a new product release.

  • *OPEC meeting to take place at 0800 GMT. The Organization of the Petroleum Exporting Countries and other producers are set to meet in Vienna at 0800 GMT on Friday to discuss a possible extension of an oil supply cut deal to prop up prices. The two OPEC members have both been invited to the meeting.

  • SYDNEY, Sept 22- Apple Inc's iPhone 8 launch in Sydney, one of the first cities to access the product in Australia, saw a bleak turnout as fans held out for the soon-to-be-released premium iPhone X. Hundreds of people usually gather at Apple's Sydney city store with queues winding down the town's main street, George Street, when there is a new product release.

  • The stepped-up negotiations come with four more rounds of talks left after Ottawa and a self-imposed year-end deadline to finish the talks before Mexico launches campaigning for its July presidential election. The first two rounds of talks between the United States, Canada and Mexico focused on consolidating language on chapters covering small and...

  • LONDON, Sept 21- Australia's Macquarie Group Ltd has overtaken Goldman Sachs to break into the top three banks for commodities business, having significantly expanded its U.S. energy operations in recent years while rivals cut back. This is the first time a bank outside the United States or Europe has broken into the top tier in commodities, or any other capital...

  • SYDNEY, Sept 21- Commonwealth Bank of Australia has agreed to sell its life insurance unit to Hong Kong- based AIA Group for $3.1 billion, in the biggest Asian buyout of an Australian financial firm. The deal, which ranks among the top 10 insurance M&A in the Asia Pacific region excluding Japan, will see AIA acquiring CBAs life insurance business in Australia and...

  • *Dollar weakens ahead of Fed statement at 1800 GMT. *Gold technical resistance seen at $1,321.60. LONDON, Sept 20- Gold prices were steady on Wednesday, aided by a weaker dollar ahead of a U.S.

  • DUBAI, Sept 20- Oman's Sohar Aluminium said on Wednesday it gradually restarted production on Friday after an interruption in August, and was working to return to full production as soon as possible. "Sohar Aluminium has confirmed it has re-energised the potline, and on Friday 15th September 2017 gradually began re-starting the pots and the production of...

  • LONDON, Sept 20- Aluminum soared to its highest in five years on Wednesday on reports that China's mammoth producer Chinalco was cutting output two months early and would soon pare back stocks of available metal. "China is making an effort to make efforts to cut back ahead of the winter months," Natixis analyst Bernard Dahdah. CHINA OUTPUT: China's aluminum...