Asia-Pacific News Australia & New Zealand

  • SINGAPORE, Feb 18- Chicago wheat futures climbed more than 1% on Tuesday to a one-week high after Australia said output fell to a 12- year low, raising concerns over world supplies. "Australia output number is bit supporting for prices although the country's drought situation has been known for a while," said Ole Houe, director of advisory services at brokerage...

  • MELBOURNE, Feb 18- Eastern Australia is expected to have an ample supply of natural gas in 2020; however, prices for businesses and industry have not fallen as much as would be expected, Australia's competition watchdog said on Tuesday. The global LNG supply glut has driven down LNG prices, which has driven down gas prices in Australia; however, the commission...

  • NEW YORK/ BEIJING, Feb 16- General Motors Co is retreating from more markets outside of the United States and China, saying on Sunday that it will wind down sales, design and engineering operations in Australia and New Zealand and retire the Holden brand by 2021.. It also said China's Great Wall Motor Co Ltd had agreed to buy GM's Thailand car manufacturing plant and...

  • Feb 17- General Motors Co is retreating from more markets outside the United States and China, saying on Sunday that it will wind down its Australian and New Zealand operations, while selling a plant in Thailand. *Signs a deal to sell its Thailand manufacturing plant to China's Great Wall Motor Co Ltd.. *Announces a deal to sell its Talegaon plant in India to Great...

  • NEW YORK, Feb 16- General Motors Co is retreating from more markets outside of the United States and China, saying on Sunday that it will wind down sales, design and engineering operations in Australia and New Zealand and retire the Holden brand by 2021.. It also said China's Great Wall Motor Co Ltd had agreed to buy GM's Thailand manufacturing plant, a transaction...

  • *MSCI ex- Japan ticks up, Japan's Nikkei stumbles. *Japan's GDP shrinks at fastest pace in 6 years. MSCI's broadest index of Asia-Pacific shares outside Japan was a tad firmer at 557.30, not far from last week's peak of 558.30, which was the highest since late January.

  • BEIJING, Feb 14- People returning to the Chinese capital Beijing from extended holidays on Friday were ordered to undergo a 14- day self-quarantine to help prevent spread of the new coronavirus, as hard-hit Hubei province reported more than 2,400 new cases. The official Beijing Daily newspaper said people failing to obey would be punished but it was not...

  • *China says mainland cases rise by 5,090, with 121 new deaths. Authorities reported 5,090 new cases in mainland China, including more than 120 deaths, taking the total number of infected to 63,851, and the number of deaths from the disease, now labeled Covid-19, to 1,380.. China's factories and offices are only slowly creaking back into life after Lunar New Year...

  • *China says mainland cases rise by 5,090, 121 new deaths. China's National Health Commission said it had recorded 121 new deaths and 5,090 new coronavirus cases on the mainland on Thursday, taking the total number of infected to 63,851.. Some 55,748 people are being treated, while 1,380 people have died of the virus that emerged in December in Wuhan, capital of the...

  • *China says mainland cases rise by 5,090, 121 new deaths. *Japan reports first death, third outside mainland China. China's National Health Commission said it had recorded 121 new deaths and 5,090 new coronavirus cases on the mainland on Thursday, taking the total number of infected to 63,851..

  • *China reports additional 5,090 coronavirus cases. MANILA, Feb 14- China's iron ore futures ended a wobbly session higher on Friday and gained the most this week since September amid renewed concerns over seaborne supply and despite demand disruptions due to the coronavirus outbreak. Iron ore on China's Dalian Commodity Exchange rose 1.0% to 628.50 yuan a...

  • *China reports additional 5,090 coronavirus cases. MANILA, Feb 14- China's iron ore futures ended a wobbly session higher on Friday and gained the most this week since September amid renewed concerns over seaborne supply and despite demand disruptions due to the coronavirus outbreak. Iron ore on China's Dalian Commodity rose 1.0% to 628.50 yuan a tonne,...

  • *Japan reports first death, third outside mainland China. BEIJING/ SIHANOUKVILLE, Cambodia, Feb 14- China's coronavirus outbreak showed no sign of peaking with health authorities on Friday reporting more than 5,000 new cases, while passengers on a cruise ship blocked from five countries due to virus fears finally disembarked in Cambodia.

  • *Japan reports first death, third outside mainland China. BEIJING/ SIHANOUKVILLE, Cambodia, Feb 14- China's coronavirus outbreak showed no sign of peaking with health authorities on Friday reporting more than 5,000 new cases, while passengers on a cruise ship blocked from five countries due to virus fears finally disembarked in Cambodia.

  • Feb 13- British Prime Minister Boris Johnson has postponed a trip to the United States to meet U.S. The decision to delay the trip would be a further blow to relations between the close allies who are set to begin discussing a trade deal, which Britain hopes will be one of the biggest prizes from its departure from the European Union. One of the biggest strains...

  • Feb 13- British Prime Minister Boris Johnson has canceled a trip to the United States to meet U.S. British media reported late in December that Trump had invited Johnson to visit him in the White House in the new year. Trump had said Britain and the United States were now free to strike a "massive" new trade deal after Brexit.

  • *Canada's 10- year yield was nearly unchanged at 1.395%. "We're all about coronavirus... except that we had a new theme in the foreign exchange market and that's German politics and that's what seems to be a big part of the downward move in the euro," said Greg Anderson, global head of foreign exchange strategy at BMO Capital Markets in New York. Chances of an early...

  • TORONTO, Feb 13- The Canadian dollar was little changed against its U.S. counterpart on Thursday, holding on to its previous day's gains as oil prices rose and investors assessed a sharp rise in the number of coronavirus deaths and infections. The price of oil, one of Canada's major exports, increased despite lower OPEC and IEA demand forecasts due to the...

  • SINGAPORE, Feb 13- Australia's Qantas Airways Ltd told pilots on Thursday that if it could not reach a pay deal soon covering the world's longest commercial flights from Sydney to London, it would form a lower-cost employment entity, according to an internal memo. The airline in December selected the Airbus SE A350-1000 as the preferred plane to launch the...

  • QANTAS SAYS IF NO AGREEMENT WITH PILOTS REACHED BY MARCH WILL FORM NEW EMPLOYMENT ENTITY FOR SYDNEY- LONDON FLIGHTS- INTERNAL MEMO.