×

CNBC Utilities Page Wires

  • *Platinum touches lowest since May 21. *Gold specs raise net long position in week to June 12. "The U.S. dollar strength is weighing on investor sentiment at the moment rather than any concerns about weaker economic growth due to the trade tensions," said ANZ analyst Daniel Hynes.

  • SEOUL, South Korea— Google says it will invest $550 million in Alibaba's main rival JD.com as the U.S. tech giant seeks to expand in fast-growing Asian e-commerce markets. Under the partnership announced Monday, JD.com products will appear on Google's shopping service while Google can apply the Chinese e-commerce company's supply chain and logistics...

  • *ECB holds central bank forum in Sintra, Portugal. LONDON, June 18- Most government bond yields in the euro zone were steady on Monday, pausing after a hefty fall late last week after the European Central Bank signalled it would keep interest rates low well beyond the end of its massive stimulus scheme. "In our view, bond bulls have gotten a bit carried away by the dovish...

  • *Decision comes as Australia- China relations sour. Australia is likely to ban Huawei from participating in a 5 G mobile telecommunications roll-out in the nation as it fears the company is de facto controlled by China and sensitive infrastructure will fall into the hands of Beijing, according to Australian media reports. "Recent public commentary around...

  • TOKYO, June 18- When flea market app Mercari makes its market debut on Tuesday, it will mark the appearance of one of Japan's rarest beasts: a tech unicorn. But in Japan, it sheds light on a "thrift economy" for second-hand items, which is thriving even as the Bank of Japan tries to stoke inflation. "The deflationary mindset is alive and well," said Marcel Thieliant, senior...

  • *GRAPHIC: China's imports of U.S. LAUNCESTON, Australia, June 18- China's threat to impose tariffs on U.S. crude oil, certain refined products and coal is possibly the only sign of clear thinking in the increasingly muddled escalating trade dispute with the administration of President Donald Trump. China imports zero gaseous natural gas from the United States,...

  • *China threatens U.S. oil import duties as trade spat escalates. *OPEC, Russia may loosen voluntary supply restraint. SINGAPORE, June 18- Oil prices on Monday extended falls from late last week after China threatened duties on American crude imports in an escalating trade dispute with Washington, while supply from OPEC and Russia is also expected to rise.

  • SHANGHAI, June 18- Goldman Sachs said it expected China to adopt a slightly easier monetary stance in the face of tit-for-tat tariffs between Beijing and Washington that, while likely to have limited immediate impact on the economy, were at risk of escalating. On Friday, the Trump administration imposed tariffs on $50 billion of imports from China, a move that...

  • TOKYO, June 18- Japan's Osaka Gas Co said it would take eight to 12 days to resume piped gas supplies to more than 110,000 customers in the Osaka region following a halt after a magnitude 6.1 earthquake shook the nation's second-biggest metropolis. Osaka Gas said in a statement that it would try to resume normal supplies to the affected customers between June 26...

  • SINGAPORE— Asian shares were mostly lower Monday amid worries about trade tensions as the U.S. and China both started putting tariffs in motion. Markets in China and Hong Kong were closed for a national holiday. Markets in China and Hong Kong were closed for the Duanwu Festival commemorating the death of Qu Yuan, an ancient Chinese poet and minister.

  • In an escalating spat over the United States' trade deficit with most of its major trading partners, including China, U.S. Following a year and a half of voluntary supply cuts led by the Middle East- dominated Organization of the Petroleum Exporting Countries, as well as the non- OPEC producer Russia, oil markets have tightened, pushing up prices.

  • *E-Minis off 0.5 pct, FTSE futures down 0.1 pct. *China, HK markets on holiday. Spreadbetters suggested a subdued start for European shares, with FTSE futures off about 0.1 percent.

  • reason for low wages growth@. *Q1 annual economic growth 3.1 pct, fastest in near 2 years. SYDNEY, June 18- After a record 26 years of uninterrupted economic growth, Australian workers should be sitting pretty.

  • *Q1 annual economic growth 3.1 pct, fastest in near 2 years. SYDNEY, June 18- After a record 26 years of uninterrupted economic growth, Australian workers should be sitting pretty. But some labor experts have a better explanation: a plunge in trade union membership in Australia to less than 15 percent of the workforce now from more than 40 percent in 1991, much...

  • MADURAI, India, June 18- A minor leak has been detected in the sulphuric acid storage plant in Vedanta's south Indian copper smelter, a government official said on Sunday, about a month after the state ordered its shutdown after protests in which 13 people died. It doesn't look problematic, but we have decided to evacuate the storage tomorrow as a safety precaution, "...

  • CANBERRA, Australia— Trade liberalization continues to have global momentum despite recent U.S. tariffs on steel and aluminum imports, the European trade commissioner said Monday as she launched free trade negotiations between the European Union and Australia. Australia and China have had a bilateral free trade deal since 2015.. Prime Minister Malcolm...

  • In an escalating spat over the United States' trade deficit with most of its major trading partners, including China, U.S. Following a year and a half of voluntary supply cuts led by the Middle East- dominated Organization of the Petroleum Exporting Countries, as well as the non- OPEC producer Russia, oil markets have tightened, pushing up prices.

  • Incumbent Mayor Muriel Bowser is expected to glide through to the nomination with no significant opposition, and the majority of incumbents on the D.C. Council are predicted to secure the Democratic nomination. The same goes for Eleanor Holmes Norton, Washington's long-serving non-voting delegate to the House of Representatives. The actual election in...

  • North Korea has revealed no action on eliminating launch sites, and it announced the suspension of nuclear weapons testing and certain missiles well before the summit, although as part of the diplomatic opening with the U.S. THE FACTS: This much is true: North Korea announced the suspension of nuclear-weapons testing and testing of intercontinental...

  • Silicon Valley software giant Oracle will report its fourth-quarter results on Tuesday. Oracle makes database-intensive software platforms for large companies, and is the second-largest software developer in the world behind Microsoft. Investors will get a peek at the state of the housing market with the release of May's existing-home sales from the...