Asia-Pacific News Australia & New Zealand

  • *Europe's shares inch higher after Fed rate cut. Japan and Switzerland then kept their deeply negative interest rates on hold. The Brexit-constrained Bank of England sat on its hands, while an outlier hike in Norway also came with a hint it would be the last.

  • *Europe's shares inch higher after Fed rate cut. LONDON, Sept 19- A positive start in Europe nudged the main world share indexes and bond yields higher on Thursday, after the U.S. The Bank of Japan and Switzerland's central bank then both kept their deeply negative interest rates on hold.

  • LONDON, Sept 19- New York has extended its lead as the world's top financial center, with London barely holding on to second place ahead of Hong Kong as uncertainty over Brexit takes its toll on the UK capital, a Z/Yen Group survey for 2019 showed on Thursday. New York extended its lead over London to 17 points, while a strong performances from other centers, in...

  • TOKYO, Sept 19- Asian shares extended declines on Thursday after the U.S. MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.6%. Hong Kong shares shed 1.36%, but Japan's Nikkei rose 0.43%.

  • *Australia 2018/ 19 budget deficit A $690 mln vs A $4.2 bln f'cast. SYDNEY, Sept 19- Australia's government said on Thursday its budget was in balance for the first time in a decade and a surplus this year was all but certain, though fiscal stimulus to boost jobs and growth was still seen unlikely for now. Financial futures are now predicting a 76% chance of a cut by the...

  • *U.S. to impose more sanctions on Iran. The steadying of nerves, after a 14.6% jump in Brent prices on Monday- the contract's biggest one-day percentage gain since at least 1988- came after Saudi Arabia set out the timeline to full operation, and also said it had managed to restore supplies to customers at levels prior to the attacks by drawing from its oil...

  • *U.S. to impose more sanctions on Iran. Saudi Arabia, the world's leading oil exporter, has said the crippling attack on its oil sites was "unquestionably sponsored" by bitter regional rival Iran. President Donald Trump said there were many options short of war with Iran and added that he had ordered the U.S.

  • *Fed Chairman Powell sounds positive on U.S. economy. SINGAPORE, Sept 19- The dollar found broad support on Thursday after the U.S. "There's such a lack of certainty on a number of fronts," said Nick Twidale, co-founder of Sydney- based trade finance provider Xchainge, citing dollar liquidity tightness and the gloomy outlook for global growth.

  • TOKYO, Sept 19- Asian shares turned lower on Thursday after the U.S. MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.36%. Hong Kong shares shed 0.96%, but Japan's Nikkei rose 1.01%.

  • *U.S. to impose more sanctions on Iran. Saudi Arabia, the world's leading oil exporter, has said the crippling attack on its oil sites was "unquestionably sponsored" by bitter regional rival Iran. President Donald Trump said there were many options short of war with Iran and added that he had ordered the U.S.

  • TOKYO, Sept 19- Asian shares edged higher on Thursday, tracking some modest Wall Street gains after the U.S. MSCI's broadest index of Asia-Pacific shares outside Japan was 0.03%. Japan's Nikkei rose 0.46%, while Australian shares rose 0.23%.

  • *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...