CNBC Utilities Page Wires

  • SINGAPORE, April 22- Aluminum futures on the. Shanghai Futures Exchange rose to their highest. The most active aluminum contract on ShFE jumped to as high as 14,200 yuan a tonne, the highest since Oct. 31, after data on Friday showed that aluminum stocks in warehouses tracked by ShFE dropped to 665,067 tonnes, their lowest since November 2017.

  • Refining margins, also known as cracks, for gasoil with 10 parts per million sulphur content dropped as low as $13.09 a barrel over Dubai crude during Asian trading hours, the lowest since Dec. 28, Refinitiv Eikon data showed. The cracks for the Singapore benchmark gasoil grade, which have shed about 15 percent over the last two months, were at $13.35 a barrel on...

  • KIEV, April 22- Ukraine entered uncharted political waters on Monday after near final results showed a comedian with no political experience and few detailed policies had dramatically up-ended the status quo and won the country's presidential election by a landslide. Zelenskiy, who plays a fictitious president in a popular TV series, is now poised to take...

  • *Following indictment, Ghosn lawyers file request for bail. TOKYO, April 22- Japanese prosecutors indicted former Nissan Motor Co Chairman Carlos Ghosn on Monday on a charge of aggravated breach of trust, a Tokyo court said, bringing a fourth charge against him on the day his detention period was set to expire. Ghosn's lawyers filed a request for bail shortly after...

  • TOKYO, April 22- Japanese government bond prices edged higher in thin trade on Monday as a decline in U.S. equity futures dampened risk appetite, boosting demand for debt. Benchmark 10- year JGB futures ticked up 0.03 points to 152.55, with a trading volume of just 13,009 lots, the lowest since Oct. 22. S&P 500 e-mini futures were last down 0.2 percent as U.S. markets...

  • TOKYO, April 22- Carlos Ghosn on Monday applied for bail following his latest indictment over aggravated breach of trust, as the former Nissan Motor Co chairman fights his fourth indictment over financial misconduct. Ghosn's defence team filed the bail request shortly after the indictment was announced, a Tokyo court said in a statement.

  • *U.S. set to end sanctions waivers for Iran oil. "The U.S. chief Iran hawks indeed have the President's ear as Pompeo and Bolton are singularly focused on bringing Iran's economy to its knees," said Stephen Innes, head of trading at SPI Asset Management. Following the Good Friday holiday, markets in Britain, Germany and France will remain closed for Easter Monday, while...

  • KIEV, April 22- Ukraine entered uncharted political waters on Monday after near final results showed a comedian with no political experience and few detailed policies had dramatically up-ended the status quo and won the country's presidential election by a landslide. Zelenskiy, who plays a fictitious president in a popular TV series, is now poised to take...

  • SHANGHAI, April 22- The yuan eased to a 10- day low against the dollar on Monday, but the Chinese economy's solid first quarter performance has tempered expectations that Beijing will step up more stimulative policies. The politburo, a top decision-making body of the Communist Party, then followed up by saying on Friday the government would maintain policy...

  • TOKYO, April 22- Japanese prosecutors indicted former Nissan Motor Co Chairman Carlos Ghosn on Monday on a charge of aggravated breach of trust, a Tokyo court said, bringing a fourth charge against him on the day his detention period was set to expire. The charge, which ensures Ghosn will remain in custody pending another likely bail attempt by his lawyers, comes...

  • *U.S. re-imposed sanctions against Iran in November 2018. *Iran oil exports plunge: https://tmsnrt.rs/2IyFzZT. WASHINGTON/ SINGAPORE, April 22- The United States is expected to announce on Monday that all buyers of Iranian oil will have to end their imports shortly or face sanctions, a source familiar with the situation told Reuters, triggering a 3 percent rise in...

  • CARLOS GHOSN INDICTED IN JAPAN ON ADDITIONAL CHARGE OF AGGRAVATED BREACH OF TRUST- MEDIA.

  • SINGAPORE, April 22- Aluminium futures on the. Shanghai Futures Exchange rose on Monday to its. The most active aluminium contract on ShFE jumped to as high as 14,180 yuan a tonne, the highest since Oct. 31, after data on Friday showed that aluminium stocks in warehouses tracked by ShFE dropped to 665,067 tonnes, their lowest since November 2017.

  • SINGAPORE, April 22- Aluminum futures on the. Shanghai Futures Exchange rose on Monday to its. The most active aluminum contract on ShFE jumped to as high as 14,180 yuan a tonne, the highest since Oct. 31, after data on Friday showed that aluminum stocks in warehouses tracked by ShFE dropped to 665,067 tonnes, their lowest since November 2017.

  • TOKYO, April 22- Nissan Motor said on Monday it had filed a criminal complaint against former Chairman Carlos Ghosn related to an aggravated breach of trust under Japan's Companies Act. The Japanese automaker said it had filed the complaint after determining payments made by Nissan to an overseas vehicle sales company through a subsidiary had been directed...

  • SINGAPORE, April 22- Chicago wheat lost ground on Monday after finishing the last two weeks lower, as the market faced pressure from abundant world supplies and an outlook for a bumper northern hemisphere crop. "Wheat crops look good in most big producing countries when you look at the Black Sea region, Europe and North America but critical period for growth is May...

  • NEW YORK, April 21- It looks like something has to give in global markets. Stocks and bonds around the world have rallied atypically together since the start of the year, rewarding investors both bullish and bearish on the direction of global growth. "The Fed is between a rock and a hard place," said Kathleen Gaffney, a portfolio manager at Eaton Vance Management in...

  • BANGKOK, April 22- Charoen Pokphand Foods Pcl, Thailand's largest agriculture conglomerate, said on Monday it would acquire Canadian pork producer HyLife Investments for C $498 million to expand its North American business. CPF said the investment would give it access to a pork production base and opportunity to expand in North America and premium markets...

  • HONG KONG, April 22- Huawei Technologies said on Monday its first-quarter revenue jumped 39 percent to 179.7 billion yuan, in the Chinese technology firm's first-ever quarterly results. The Shenzhen- based firm, the world's biggest telecoms equipment maker, also said its net profit margin was around 8 percent for the quarter, which it added was slightly higher...

  • SEOUL, April 22- Smartphone maker Samsung Electronics Co Ltd has postponed media events for its Galaxy Fold planned for this week in Hong Kong and Shanghai, a company official said, days after reviewers of the foldable handset reported defective samples. Instead of plaudits ahead of the phone's launch on April 26 in the United States, the South Korean...