Asia-Pacific News Australasia

  • *Soybeans ease after rally on China hopes. PARIS/ SYDNEY, Sept 16- Chicago corn futures edged lower on Monday from an earlier two-week high as favourable weather for late-developing Midwest crops offset support from a surge in crude oil prices and signs of easing U.S.- China trade tensions. The most active corn futures contract on the Chicago Board Of Trade was...

  • *China industrial output growth weakens, hits risk appetite. MILAN, Sept 16- Oil prices climbed to four-month highs on Monday and world stocks slid after weekend attacks on crude facilities in Saudi Arabia shut about 5% of the world's supply and fuelled worries over the impact of an oil shock on economic growth. By 0823 GMT, Brent futures were up 8.75% at $65.49 per...

  • WELLINGTON, Sept 16- Britain's Trade Minister Liz Truss said on Monday that striking a trade deal with New Zealand, one of its smallest trading partners, would be a priority, as her government desperately looks to line up post-Brexit agreements. "Were going to be leaving the European Union on October 31 with or without a deal and as part of that agenda, striking trade...

  • SINGAPORE, Sept 16- The dollar fell while safe havens and currencies of oil-producing countries rallied on Monday, following an attack on Saudi Arabian refining facilities that disrupted global oil supply and heightened Middle East tensions. Yemen's Iran- aligned Houthi group claimed responsibility for the damage, but the U.S. has pointed the finger...

  • SYDNEY, Sept 16- Oil surged to four-month highs on Monday after weekend attacks on crude facilities in Saudi Arabia sparked supply fears, while shares in Asia extended losses as bleak economic data from China sapped investors' risk appetite. Trump also said the United States was "locked and loaded" for a potential response to the strikes on the Saudi facilities,...

  • SYDNEY, Sept 16- Oil surged to four-month highs on Monday after weekend attacks on crude facilities at key producer Saudi Arabia sparked supply fears, while shares in Asia extended losses as bleak economic data from China sapped investor risk appetite. Worries about tensions in the Middle East and worsening relations between Iran and the United States...

  • NEW YORK and SAN FRANCISCO, Sept 13- Microsoft Corp President and Chief Legal Officer Brad Smith said on Friday that U.S. tech companies will change how they moderate online platforms in response to new laws from foreign governments, regardless of whether U.S. lawmakers take action. In an interview with Reuters Editor-in-Chief Stephen J. Adler at a Reuters...

  • NEW YORK and SAN FRANCISCO, Sept 13- Microsoft Corp President and Chief Legal Officer Brad Smith said on Friday that U.S. tech companies will change how they moderate online platforms in response to new laws from foreign governments, regardless of whether U.S. lawmakers take action. In an interview with Reuters Editor-in-Chief Stephen J. Adler at a Reuters...

  • WELLINGTON, Sept 13- New Zealand's Prime Minister Jacinda Ardern introduced a new bill to parliament on Friday that aims to further tighten gun laws, as the country marks six months since the mass shooting in Christchurch that killed 51 Muslim worshippers. This is New Zealand's second set of gun reforms after weak firearm laws were identified as a key reason why...

  • From 2020, firms with some $118 trillion of funds under management- among 800 signatories to a United Nations pact- will make climate-risk related disclosures as an early step towards making the world a better place by 2030.. "The way you quantify climate impact and consider transition risks could differ from company to company," said Stephane Andre, a Sydney-...

  • LONDON, Sept 12- The euro hovered near $1.10 on Thursday as traders waited to see the scale of fresh stimulus expected from the European Central Bank, while China's yuan and Australia's dollar were buoyed by further signs of a thaw in the U.S.- China trade war. After a difficult August in which concerns about a global recession sparked a scramble into safer assets,...

  • *Risk currencies rally after Trump postpones tariffs. SINGAPORE, Sept 12- An exchange of olive branches between Washington and Beijing on trade pushed the dollar to a six-week high against the safe-haven yen on Thursday and also supported the risk-sensitive currencies of China, Australia and South Korea. China exempted a basket of U.S. goods from its own...

  • WELLINGTON, Sept 12- Tongan Prime Minister' Akilisi Pohiva, who was being treated for pneumonia at a hospital in Auckland, has died, New Zealand media said on Thursday. Pohiva, 78, was medevaced to Auckland Hospital on Wednesday, Radio New Zealand said. The news was confirmed by an information ministry official, although the prime minister's office could not...

  • HONG KONG, Sept 11- Cathay Pacific Airways Ltd said on Wednesday it would cut capacity for the upcoming winter season after reporting an 11.3% fall in passenger numbers in the month of August as anti-government protests in Hong Kong hit demand. The Hong Kong airline has become the biggest corporate casualty of anti-government protests after China demanded it...

  • SINGAPORE, Sept 11- Chicago corn futures rose for a second session on Wednesday to their highest in more than a week, with prices supported by an unexpected decline in the U.S. crop's condition. The most-active corn contract on the Chicago Board Of Trade was up 0.1% at $3.62 a bushel, as of 0401 GMT, while wheat was down 0.5% at $4.79-3/ 4 a bushel. "I think U.S. crop...

  • LONDON, Sept 10- The Japanese yen fell to a five-week low against the U.S. dollar on Tuesday as a rebound in government bond yields prompted some investors to cut back on bearish bets on the global economy. Germany's 30- year bond yield rose into positive territory for the first time in more than a month. "What we are seeing now is a reversal of some of those investment...

  • *China factory-gate prices fall sharply in Aug. *German bund sell-off hits bonds in Asia. "Globally inflationary pressure remains subdued, so in that sense China is not an outlier," said Sean Darby, global equity strategist at Jefferies in Hong Kong.

  • *German bund sell-off hits bonds in Asia. "Globally inflationary pressure remains subdued, so in that sense China is not an outlier," said Sean Darby, global equity strategist at Jefferies in Hong Kong. U.S. stock futures were down 0.08% in Asia after the S&P 500 ended flat in New York on Monday.

  • SYDNEY Sept 10- Australian pension funds are sitting on a A $245 billion' wall of money' that will probably flow overseas because of a lack of domestic options, asset managers say. The nearly 2: 1 ratio is the highest among major developed economies, according to Bank of America Merrill Lynch, and the imbalance is growing- as is the range of overseas markets and assets...

  • *German bund sell-off hits bonds in Asia. TOKYO, Sept 10- Bond prices edged lower on Tuesday after German bund yields hit a one-month high following a report by Reuters that Germany is considering a "shadow budget" to allow the government to circumvent its strict national debt rules. Asian stocks were little moved ahead of the European Central Bank's upcoming...