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Wires

  • LAUNCESTON, Australia, Oct 17- The detail of China's record iron ore imports in September is likely to prove more interesting than the headline-grabbing surge above 100 million tonnes for the first time. Preliminary customs data released on Oct. 13 showed China imported 103 million tonnes of the steel-making ingredient in September, a 16 percent jump on...

  • *Iraqi forces take Kurdish-held oil city of Kirkuk. SINGAPORE, Oct 17- A risk premium has returned to oil markets, boosting global prices as escalating fighting in Iraq threatens supplies while political tensions loom between the United States and Iran. After months of range-bound trading during which OPEC- led supply cuts supported crude prices but rising U.S....

  • BEIJING— Asian stocks rose Tuesday after Wall Street's major indexes hit new highs as China prepared to open a key political meeting. Hong Kong's Hang Seng gained 0.2 percent to 28,744.01 and Sydney's S&P-ASX 200 rose 0.8 percent to 5,894.00. Benchmarks in New Zealand and Singapore gained while Taiwan, Bangkok and Jakarta retreated.

  • CANBERRA, Australia— The Australian government has rejected a plan to generate 42 percent of its energy from renewable sources and will instead pursue cheaper and more reliable power. Conservation groups on Tuesday condemned the ruling conservative coalition for rejecting the renewable energy target for 2030 that was recommended this year by...

  • NEW YORK/ NEW DELHI, Oct 17- India is set to emerge as a key market for American crude exports in coming months, as refineries in that country are ramping up "test" purchases of U.S. grades to diversify their imports. But shipments to India have been rare, with just a few deliveries since the U.S. lifted its ban on crude exports in late 2015.. Foreign refiners, including...

  • Oct 17- Microsoft Corp's secret internal database for tracking bugs in its own software was broken into by a highly sophisticated hacking group more than four years ago, according to five former employees, in only the second known breach of such a corporate database. The company did not disclose the extent of the attack to the public or its customers after its...

  • WASHINGTON, Oct 17- Trade ministers from the United States, Canada and Mexico wrap up a contentious round of NAFTA trade talks on Tuesday marked by aggressive U.S. demands that have left the future of the 23- year-old free trade pact in doubt. President Donald Trump's desire to claw back lost manufacturing jobs and shrink U.S. goods trade deficits amounting to $64...

  • *China c.bank injects cash as treasury yields climb above 3.7 pct. SHANGHAI, Oct 17- China stocks inched up on Tuesday, recovering early losses, but investors were cautious about staking out fresh positions ahead of a politically-sensitive Communist Party Congress and third-quarter economic data later in the week. Sentiment was also aided central bank's 190...

  • SHANGHAI, Oct 17- China's yuan slipped below a key threshold against the U.S. dollar on Tuesday morning, in the wake of a weaker official midpoint and higher corporate demand for the greenback. Prior to Tuesday's market opening, the People's Bank of China set its midpoint for trading at 6.5883 per dollar, 44 pips or 0.07 percent weaker than the previous fix of 6.5839.

  • MONTREAL/ PARIS, Oct 16- Airbus SE agreed on Monday to buy a majority stake in Bombardier Inc's CSeries jetliner program, grabbing control of a struggling competitor at the second attempt and giving the Canadian plane-and-train-maker an unexpected boost in its costly trade dispute with Boeing Co.. The deal, which would come at no cost for Toulouse, France- based...

  • HOUSTON, Oct 16- The U.S. Coast Guard has suspended the search for a worker missing from an oil production platform in Louisiana's Lake Pontchartrain that exploded and caught fire late on Sunday. Missing is Timothy Morrison, 44, of Katy, Texas, the Coast Guard said in a statement. Three workers remain in hospital for blast and burn treatment, some in critical...

  • *Spot gold may drop to $1,281/ oz- technicals. Oct 17- Gold prices were mostly steady on Tuesday, pressured by a firmer dollar but supported by worries over geopolitical tensions in the Middle East and on the Korean peninsula. Spot gold was little changed at $1,293.24 an ounce at 0344 GMT, while U.S. gold futures for December delivery.

  • TOKYO, Oct 17- Longer-dated Japanese government bonds firmed on Tuesday after a 20- year debt auction drew ample investor demand and allowed the market to deflect negative pressure from weaker U.S. The good demand for the 20- years auctioned on Tuesday reflected the market taking some comfort from media polls showing Prime Minister Shinzo Abe's ruling party...

  • SYDNEY, Oct 17- London copper paused for breath near three-year highs on Tuesday as it faced headwinds from a stronger dollar, but renewed optimism over China's economic outlook has lent support to prices. Metals prices could find more support if China's National Party Congress this week unveils polices that extend the country's environmental-led industry...

  • *Kobe previously said data tampering may go back 10 years. Japan's No.3 steelmaker is still trying to nail down the extent of the tampering, said the source, requesting anonymity because he was not authorized to speak to the media. The revelations made on Oct. 8 have sent shockwaves through supply chains around the world ensnaring companies from operators of...

  • SEOUL, South Korea— The environmental group Greenpeace issued a report on Tuesday giving technology titans including Samsung Electronics, Amazon and Huawei low marks for their environmental impact. Many of the biggest technology companies failed to deliver on commitments to reduce emissions of greenhouse gases and are still reluctant to commit fully to...

  • BOSTON— A new study inspired by Boston's early experiments with self-driving cars finds that the technology could ease congestion, but might also lead to more cars on the road and further encourage urban sprawl. The report, released Tuesday by the Boston Consulting Group and the World Economic Forum, is a mostly optimistic take on how autonomous vehicles could...

  • *U.S., NZ, India issue warnings over cyber risks. An alert from the U.S. Department of Homeland Security Computer Emergency Response Team on Monday said the flaw could be used within range of Wi-Fi using the WPA2 protocol to hijack private communications. Belgian researchers Mathy Vanhoef and Frank Piessens of Belgian university KU Leuven disclosed the bug in...

  • MONTREAL/ PARIS, Oct 16- Airbus SE agreed on Monday to buy a majority stake in Bombardier Inc's CSeries jetliner program, grabbing control of a struggling competitor at the second attempt and giving the Canadian plane-and-train-maker an unexpected boost in its costly trade dispute with Boeing Co.. The deal, which would come at no cost for Toulouse, France- based...

  • *Oil highest since Sept as Iraq govt seizes Kurdish-held Kirkuk. TOKYO, Oct 17- Oil prices clung to this month's high on Tuesday after Iraqi forces seized the oil-rich city of Kirkuk from largely autonomous Kurdish fighters while Asian shares held firm on optimism about upcoming earnings. President Donald Trump favoured Stanford economist John Taylor to head...