(Corrects order of surname and given name in second paragraph) By Summer Zhen HONG KONG (Reuters) -Asia macro hedge fund managers, many of whom posted strong returns this year, are betting the Japanese yen’s unrelenting slide will end soon and some are even priming for a possible tumble in Japanese government bonds. Veteran Japan investor…
CANBERRA, Australia (AP) — Indigenous traditional owners on Wednesday won a court challenge that prevents an energy company from drilling for gas off Australia’s north coast. The Federal Court decision against Australian oil and gas company Santos Ltd. was a major win for Indigenous rights in the nation. Dennis Murphy Tipakalippa, who was described in…
NOVOMYKOLAIVKA, Ukraine (AP) — An unexploded rocket sticks out of a field, and another is embedded in the ground of the farm compound. Workers found a cluster bomb while clearing weeds, and there’s a gaping hole in the roof of the shrapnel-scarred livestock barn. All work has halted on this large eastern Ukrainian farm, whose…
By Kate Abnett BRUSSELS (Reuters) -The United States may be able to avoid the European Union’s plan to slap tariffs on imports of polluting goods based on its similar climate targets, the head of EU climate change policy said on Tuesday. The 27-country EU is negotiating a plan to introduce the world’s first carbon border…
LONDON (AP) — Britain’s government said Wednesday it will cap wholesale energy bills for businesses this winter to ensure companies don’t go bust amid soaring energy prices. Authorities said the government will pick up nearly half of all business energy bills for six months starting Oct. 1 to ensure companies “are able to get through…
BEIJING (AP) — Asian stock markets followed Wall Street lower on Thursday after the Federal Reserve delivered another big interest rate hike to cool galloping inflation and raised its outlook for more. Shanghai, Tokyo, Hong Kong and Sydney declined. Oil prices gained. Wall Street’s benchmark S&P 500 index fell 1.7% on Wednesday to its lowest…
By Isabel Kua SINGAPORE (Reuters) – Oil jumped more than 2% on Wednesday after Russian President Vladimir Putin announced a partial military mobilisation, escalating the war in Ukraine and raising concerns of tighter oil and gas supply. Brent crude futures rose $2.28, or 2.5%, to $92.90 a barrel by 0707 GMT after falling $1.38 the…
BERLIN (AP) — The German government said Wednesday that it has agreed to nationalize the country’s biggest natural gas importer, Uniper, expanding state intervention in the industry to prevent an energy shortage resulting from Russia’s war in Ukraine. The deal with Uniper builds on a rescue package agreed to in July and features a capital…
KYIV, Ukraine (AP) — Russian President Vladimir Putin ordered a partial mobilization of reservists in Russia on Wednesday, risking a deeply unpopular step that follows a string of humiliating setbacks for his troops nearly seven months after invading Ukraine. It’s the first call-up in Russia since World War II and is sure to further fuel…
LONDON (Reuters) – French billionaire telecoms executive Xavier Niel, the founder and majority owner of Iliad, has bought a 2.5% stake in Britain’s Vodafone through an investment vehicle. The vehicle – Atlas Investissement – said Vodafone was an “attractive investment opportunity, as per the quality of its assets portfolio and the solid underlying trends in…
