Asia-Pacific News Australia & New Zealand

  • 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...

  • *U.S.- China' Phase 1' trade deal to be signed later on Wednesday. TOKYO, Jan 15- Stocks slipped in Asian trade on Wednesday as investors awaited the signing of an initial U.S.- China trade deal, with sentiment somewhat dented by comments from the U.S. South Korea's KOSPI dropped 0.54% and China's Shanghai Composite and Hong Kong's Hang Seng shed 0.65% and 0.74%,...

  • MELBOURNE, Jan 15- Severe storms are expected to bring some relief in the coming days from huge bushfires scorching Australia but the heavy downpours could also carry the risk of landslides and water pollution, officials said on Wednesday. "This is a day that we are quite concerned about," Kevin Parkyn, a senior meteorologist with the Bureau of Meteorology, told...

  • *UK inflation data in focus for pound. SINGAPORE, Jan 15- The safe-haven yen held firm and riskier Asian currencies softened a little on Wednesday, as currency investors awaited the signing of the U.S.- China trade deal with trepidation. Treasury Secretary Steven Mnuchin said that current tariffs on Chinese goods would stay, pending further talks.

  • MELBOURNE, Jan 15- Forecasts of rain and storms are expected to bring some relief to land scorched by Australia's months-long bushfires, but heavy downpours now bring the risk of landslides and water pollution, meteorologists and water authorities said. A shift in the weather pattern is now forecast to bring much more humid conditions to many fire-stricken...