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Asia-Pacific News Australia & New Zealand

  • LONDON, Sept 21- Australia's Macquarie Group Ltd has overtaken Goldman Sachs to break into the top three banks for commodities business, having significantly expanded its U.S. energy operations in recent years while rivals cut back. This is the first time a bank outside the United States or Europe has broken into the top tier in commodities, or any other capital...

  • SYDNEY, Sept 21- Commonwealth Bank of Australia has agreed to sell its life insurance unit to Hong Kong- based AIA Group for $3.1 billion, in the biggest Asian buyout of an Australian financial firm. The deal, which ranks among the top 10 insurance M&A in the Asia Pacific region excluding Japan, will see AIA acquiring CBAs life insurance business in Australia and...

  • *Dollar weakens ahead of Fed statement at 1800 GMT. *Gold technical resistance seen at $1,321.60. LONDON, Sept 20- Gold prices were steady on Wednesday, aided by a weaker dollar ahead of a U.S.

  • DUBAI, Sept 20- Oman's Sohar Aluminium said on Wednesday it gradually restarted production on Friday after an interruption in August, and was working to return to full production as soon as possible. "Sohar Aluminium has confirmed it has re-energised the potline, and on Friday 15th September 2017 gradually began re-starting the pots and the production of...

  • LONDON, Sept 20- Aluminum soared to its highest in five years on Wednesday on reports that China's mammoth producer Chinalco was cutting output two months early and would soon pare back stocks of available metal. "China is making an effort to make efforts to cut back ahead of the winter months," Natixis analyst Bernard Dahdah. CHINA OUTPUT: China's aluminum...

  • *Dollar weakens ahead of Fed statement at 1800 GMT. *Technical resistance seen at $1,321.60. LONDON, Sept 20- Gold prices rose on Wednesday, aided by a weaker dollar ahead of a U.S.

  • *Spot gold still targeting $1,299 per ounce- technicals. "Donald Trump's comments overnight in regards to North Korea have certainly added a bid to the precious complex, but all in all very quiet ahead of the," a Sydney- based trader said, adding that the dollar was providing some support. President Donald Trump escalated his standoff with North Korea over its...

  • *Spot gold still targets $1,299 per ounce- technicals. "Trump's comments overnight in regards to North Korea have certainly added a bid to the precious complex but all in all very quiet ahead of the," a Sydney- based trader said, adding that the dollar was providing some support. President Donald Trump escalated his standoff with North Korea over its nuclear...

  • WELLINGTON, New Zealand— New Zealand's lawmakers and public employees were told Tuesday to cancel all nonessential flights to and from Auckland as a fuel shortage at the nation's largest airport continued to disrupt the travel plans of thousands of people. The main pipeline that carries jet fuel to Auckland Airport ruptured last week. He said he'd told...

  • SINGAPORE, Sept 19- Chicago wheat futures lost more ground on Tuesday, falling for a second consecutive session in the face of abundant global supplies. The Chicago Board of Trade most-active wheat contract had eased 0.2 percent to $4.42-1/ 2 a bushel by 0305 GMT, while soybeans added 0.1 percent to $9.68-1/ 2 a bushel. "It is going to be hard for prices to rally because...

  • Pepper, a humanoid robot created by JDA Labs and Softbank, helps shoppers with customer service requests.

    Investors should look for high growth sectors when stock-picking, the head of Nikko Asset Management said.

  • NEW YORK, Sept 18- A world stock index was up slightly on Monday and the dollar rose to a more-than seven-week peak against the yen as investors awaited clues from the U.S. Federal Reserve on the timing of further rate hikes and tensions over North Korea eased. A relatively quiet North Korea and U.S.

  • NEW YORK, Sept 18- A world stock index hit a record high on Monday and the dollar rose to a more-than seven-week peak against the yen as investors awaited clues from the U.S. Federal Reserve on the timing of further rate hikes and tensions over North Korea eased. A relatively quiet North Korea and U.S.

  • A change of leadership has made the first Labour government in ten years a real possibility.

  • *Wall Street set for new record high. *Asian shares highest in a decade; Europe also gains. With no new actions by North Korea over the weekend, investors pushed Europe's main share index to a six-week high.

  • As investors breathed a sigh of relief that the weekend passed with no new provocation by North Korea, Europe's main share index opened at a six-week high. MSCI's broadest index of Asia-Pacific shares outside Japan had earlier risen to heights not visited since late 2007.. "The FOMC's latest verdict will be of special interest," said Daniel Lenz, an analyst at DZ...

  • As investors breathed a sigh of relief that the weekend passed with no new provocation by North Korea, Europe's main share index opened at a six-week high. MSCI's broadest index of Asia-Pacific shares outside Japan had earlier risen to heights not visited since late 2007.. "The FOMC's latest verdict will be of special interest," said Daniel Lenz, an analyst at DZ...

  • President Donald Trump's speech at the United Nations. KEEPING SCORE: Germany's DAX rose 0.6 percent to 12,592.21 and France's CAC 40 gained 0. 4 percent to 5,234.68. London's FTSE 100 added 0.3 percent to 7,238.37.

  • WELLINGTON, New Zealand— A rupture in the main pipeline carrying jet fuel to New Zealand's largest airport has disrupted the travel plans of thousands of people and is expected to cause further flight cancellations and delays into next week. New Zealand's military has stepped in to help by offering a naval tanker and truck drivers to transport fuel and by...

  • MEXICO CITY, Sept 15- Trade between the United States and Mexico would not end if the North American Free Trade Agreement was terminated, Mexico's foreign minister said on Friday, after a new U.S. plan emerged to build a five-year sunset provision into the treaty. President Donald Trump and his officials, Mexico, Canada and the United States have set an ambitious...