Asia-Pacific News Australasia

  • *Week packed with central bank meetings, earnings, Davos. Still, MSCI's s all-country index is up almost 2.5% for the first three weeks of the year, as an easing in U.S.- China trade tensions and signs that the worst may be over for the world economy bolster sentiment. In Asia, MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.25% on Monday after...

  • LONDON, Jan 20- World stocks held near record highs on Monday as generally better data and earnings bolstered sentiment, while oil prices hit their highest in over a week after two large crude production bases in Libya began shutting down following a blockade. Still, the week was expected to bring plenty of direction given central bank meetings, earnings,...

  • SYDNEY, Jan 20- Asian shares held near a 20- month top on Monday even as investors took some money off the table following a strong run recently, while oil jumped to more than a one-week high after two large crude production bases in Libya began shutting down. In early European trades, the pan-region Euro Stoxx 50 futures, German DAX futures and FTSE futures each...

  • *China rate-set eyed at 0130 GMT. SINGAPORE, Jan 20- The dollar began the week on a firm note on Monday as economic data pointed to strength right across the U.S. economy, reducing the likelihood of interest rate cuts. "People are just searching out good news across the world," said Chris Weston, Head of Research at Melbourne brokerage Pepperstone.

  • Chicago Board of Trade March corn rose 13-3/ 4 cents, its biggest single-day move since October, to settle at $3.89-1/ 4 per bushel. CBOT March wheat ended up 5-1/ 4 cents at $5.70-1/ 2 a bushel and March soybeans rose 5-3/ 4 cents to finish at $9.29-3/ 4. The funds supposedly have bought like 15,000 contracts, "said Jack Scoville, analyst with the Price Futures Group in...

  • Chicago Board of Trade March corn rose 13-3/ 4 cents, its biggest single-day move since October, to settle at $3.89-1/ 4 per bushel. CBOT March wheat ended up 5-1/ 4 cents at $5.70-1/ 2 a bushel and March soybeans rose 5-3/ 4 cents to finish at $9.29-3/ 4. The funds supposedly have bought like 15,000 contracts, "said Jack Scoville, analyst with the Price Futures Group in...

  • As of 1:02 p.m. CST, Chicago Board of Trade March corn was up 13 cents at $3.88-1/ 2 per bushel. CBOT March wheat was up 5-3/ 4 cents at $5.71 a bushel and March soybeans were up 6-1/ 2 cents at $9.30-1/ 2. The funds supposedly have bought like 15,000 contracts, "said Jack Scoville, analyst with the Price Futures Group in Chicago, who added that farmer corn offerings were thin.

  • PARIS/ SYDNEY, Jan 17- Chicago soybeans were little changed on Friday, holding near the one-month low struck a day earlier as traders remained cautious about the scale of Chinese purchases of U.S. crops under a trade agreement with Washington signed this week. The most active soybean futures on the Chicago Board Of Trade had inched up a quarter of a cent to $9.24-1/ 4...

  • LONDON/ SHANGHAI, Jan 17- World shares rose to record highs on Friday, buoyed by Chinese data that suggested the world's second-biggest economy was stabilising. Riskier assets were in demand worldwide as the Chinese growth data, along with easing trade tensions with the United States, sent the MSCI world equity index up 0.2% and further into record territory.

  • *China 2019, Q4 GDP growth in line with expectations. SHANGHAI, Jan 17- Asian shares rose on Friday after data in China showed pressure on the world's biggest economy may be starting to diminish. China's economy grew 6.0% in the fourth quarter of 2019 from a year earlier, and 2019 growth of 6.1% was the slowest in 29 years, held back by anemic domestic demand and the...

  • *Onshore yuan hits 6- month high on upbeat China data. TOKYO, Jan 17- The dollar scaled an eight-month high against the yen on Friday after upbeat U.S. retail sales and jobs data, while the yuan got a lift after China's economic data brightened the mood already cheered by a Sino-U.S. trade deal. Treasury yields, a firmer U.S. dollar and record highs in many global equity...

  • TOKYO, Jan 17- The dollar gained on Friday as U.S. data suggested the world's largest economy maintained a moderate growth pace at the end of 2019, reaching an eight-month peak against the safe-haven yen. Mid-Atlantic region rebounded in January to its highest in eight months, leading the Federal Reserve Bank of Philadelphia to call the factory outlook the...

  • *China 2019 GDP data due at 0200 GMT. SHANGHAI, Jan 17- Asian shares inched higher on Friday after global stock indexes and Wall Street posted more records, with strong corporate earnings and upbeat U.S. economic data adding to optimism after China and the U.S. signed a partial trade deal. China is expected to post its weakest annual growth rate in 29 years-- 6.1%-- due to...

  • MELBOURNE, Jan 16- Barrick Gold Corp is set to elevate its troubled Papua New Guinea mine to its top-tier assets, despite landowner and government demands to cede a larger stake and deteriorating security at the joint venture with China's Zijin Mining. With a 20- year lease renewal application in the balance, Barrick has faced backlash from Papua New Guinea...

  • TORONTO/ MELBOURNE, Jan 16- Barrick Gold Corp is set to elevate its troubled Papua New Guinea mine to its top-tier assets, despite landowner and government demands to cede a larger stake and deteriorating security at the joint venture with China's Zijin Mining. With a 20- year lease renewal application in the balance, Barrick has faced backlash from Papua New...

  • WASHINGTON/ BEIJING, Jan 16- From Huawei to the South China Sea, deep political rifts between Beijing and Washington are set to persist, despite a trade relations breakthrough, as the United States pushes back against an increasingly powerful and assertive China. This backdrop spans China's militarization of the South China Sea; rising tensions over Taiwan,...

  • WASHINGTON/ BEIJING, Jan 16- From Huawei to the South China Sea, deep political rifts between Beijing and Washington are set to persist, despite a trade relations breakthrough, as the United States pushes back against an increasingly powerful and assertive China. This backdrop spans China's militarization of the South China Sea; rising tensions over Taiwan,...

  • MELBOURNE, Jan 16- Barrick Gold Corp is set to elevate its troubled Papua New Guinea mine to its top-tier assets, despite landowner and government demands to cede a larger stake and deteriorating security at the joint venture with China's Zijin Mining. With a 20- year lease renewal application in the balance, Barrick has faced backlash from Papua New Guinea...

  • KUALA LUMPUR/ SYDNEY, Jan 15- Malaysia Airlines said on Wednesday it had suspended deliveries of 25 Boeing Co 737 MAX jets, citing the plane's delayed return to service since it was grounded last year following two fatal crashes. "In view of the production stoppage and the delayed return to service of the 737- MAX, Malaysia Airlines has suspended the delivery of its...

  • WANDELLA, Australia, Jan 15- There is little that Australia's deadly bushfires didn't take from dairy farmers Tim and Warren Stalway. It's fucking terrible, "said Tim Stalway, 42, shaking his head in disbelief at he looked at his burnt out property near the town of Cobargo in New South Wales state. Destroyed machinery, felled trees and blackened farmland were...