Business News Sydney

  • ANKARA- Central Bank of the Republic of Turkey publishes summary of its monetary policy committee meeting. ACCRA- Central Bank of Ghana holds monetary policy committee meeting. TUESDAY, JANUARY 29 PRAGUE- Czech Central Bank Vice-Governor Tomas Nidetzky gives an interview on monetary policy ahead of the February 7 board meeting where the central bankers...

  • Jan 18- Global miner Rio Tinto on Friday logged a slight drop in quarterly iron ore production in December and said it expected to produce more iron ore in 2019 in a target range that was at the lower end of analyst expectations. Mined copper production beat its guidance, mostly due to higher grades and better productivity at Rio Tinto's Kennecott operations in...

  • PORT MORESBY, Jan 17- From her red-roofed home near Papua New Guinea's capital of Port Moresby, Isabelle Dikana Iveiri overlooks a giant plant used by Exxon Mobil Corp to liquefy billions of dollars' worth of natural gas before it is shipped to Asian buyers. The $19 billion Exxon-led PNG LNG project was supposed to be a game-changer for PNG, a vast South Pacific...

  • *OPEC- led supply cuts support crude prices. *Surging U.S. stocks may undermine OPEC efforts. LONDON, Jan 16- Oil prices steadied on Wednesday after climbing about 3 percent in the previous session on expectations that OPEC- led production cuts will tighten supply and that possible Chinese stimulus might help the global economy.

  • *Wall St also helped by China stimulus hopes, dovish Fed comments. TOKYO, Jan 16- Asian shares took a breather on Wednesday after rallying the previous day on Chinese stimulus hopes, with investors assessing Brexit options after British lawmakers trounced Prime Minister Theresa May's deal to pull out Britain from the European Union. The China hopes also helped...

  • *Chicago soybean futures rise after closing lower on Monday. SINGAPORE, Jan 15- Chicago soybean futures ticked higher on Tuesday, recouping some of the previous session's decline on concerns over adverse weather in South America, although slowing demand in China limited the gains. The most-active soybean contract on the Chicago Board Of Trade added 0.5...

  • *China's Dec exports, imports tumble, miss forecasts. The data reinforced fears U.S. tariffs on Chinese goods were starting to hit China's cooling economy, while softening demand has been felt around the world with sales of goods ranging from iPhones to automobiles slowing, prompting profit warnings from the likes of Apple and Jaguar Land Rover.

  • *China Dec exports -4.4 pct y/y, biggest drop in 2 years. SINGAPORE, Jan 14- The dollar rose versus the Australian dollar and kiwi dollar, gauges for global risk appetites, as investor sentiment was hurt by trade data increasing concerns China could have a sharp economic slowdown. The data took its toll on the Australian dollar and New Zealand dollar, which both fell...

  • *Iran oil exports set to rise amid sanction waivers. SINGAPORE, Jan 11- Oil prices slipped on Friday as concerns over economic growth were rekindled after talks fell short of offering concrete steps to end the Sino-U.S. trade conflict, although OPEC- led production cuts bolstered sentiment in crude markets. International Brent crude futures were at $61.22 per...

  • SINGAPORE, Jan 11- U.S. oil prices edged down on Friday as concerns over economic growth were rekindled after talks fell short of offering concrete steps to end the Sino-U.S. trade conflict, although OPEC- led production cuts bolstered sentiment in crude markets. West Texas Intermediate crude futures had slipped 23 cents, or 0.4 percent, from their last...

  • SINGAPORE, Jan 10- The dollar weakened versus major peers such as the euro and yen on Thursday due to growing expectations the Federal Reserve will pause its rate tightening cycle this year. Broader market sentiment turned slightly cautious in Asian trade as markets waited for concrete evidence that progress is being made in U.S.- China trade talks.

  • The Australian Federal Police emblem seen during a 2014 press conference.

    Australian police said on Thursday they had arrested a 48-year-old man for sending as many as 38 suspicious packages to diplomatic embassies and consulates across the country.

  • THURSDAY, JANUARY 10 BELGRADE- National Bank of Serbia to unveil interest rate decision- 1100 GMT. BUDAPEST- The National Bank of Hungary to hold a non-rate setting meeting- 1300 GMT. GENEVA- Brazilian Central Bank Governor Ilan Goldfajn speaks at Geneva's International Centre for Monetary and Banking Studies on central banking in emerging markets- 1730 GMT.

  • *Market expects China to buy more U.S. soybeans, grains. CHICAGO, Jan 9- U.S. soybean futures rebounded on Wednesday, posting gains for the fifth session in six amid hopes that China would accelerate its purchases of U.S. agricultural product following three days of trade talks with the United States this week. Trade Representative's office said on Wednesday that...

  • *Market expects China to buy more U.S. soybeans, grains. SINGAPORE/ PARIS, Jan 9- Chicago wheat futures rose for a second session on Wednesday, gaining 1 percent on expectations of increased demand for U.S. cargoes as rival exporters in the Black Sea region run out of surplus supplies. Soybean prices bounced back and were set to gain for five out of six sessions, as...

  • *Market expects China to buy more U.S. soybeans, grains. Soybean prices bounced back and were set to gain for five out of six sessions, as Washington- Beijing trade talks boost hopes for higher U.S. soybean sales to top importer China. The most-active wheat contract on the Chicago Board of Trade had climbed 0.9 percent to $5.22-1/ 4 a bushel by 0227 GMT, having hit its...

  • SINGAPORE, Jan 7- The dollar slipped against peers on Monday, as traders placed bearish bets due to rising expectations that the Federal Reserve would put its policy tightening on pause in 2019.. Risk appetites were strong in Asian trade, thanks to China's aggressive monetary easing on Friday to address a sharp economic slowdown and to hopes that Washington and...

  • TUESDAY, JANUARY 8 WARSAW- National Bank of Poland holds monetary policy council meeting. WEDNESDAY, JANUARY 9 BUDAPEST- Hungarian Central Bank to publish the minutes of its December 2018 rate-setting meeting- 1300 GMT. BUDAPEST- The National Bank of Hungary to hold a non-rate setting meeting- 1300 GMT.

  • FRIDAY, JANUARY 4 PRAGUE- Czech National Bank will release the minutes of its December 2018 monetary policy meeting- 0800 GMT. **WARSAW- National Bank of Poland holds monetary policy council meeting. WEDNESDAY, JANUARY 9 BUDAPEST- Hungarian Central Bank to publish the minutes of its December 2018 rate-setting meeting- 1300 GMT.

  • *World shares sag as China factory activity contracts. LONDON, Jan 2- World shares started 2019 on a downbeat note, oil prices and bond yields skidded lower and the Japanese yen strengthened on Wednesday as data from China to France confirmed investors' fears of a global economic slowdown. The gloom continued in Europe, where the Purchasing Managers' Index for the...