By Florence Tan SINGAPORE (Reuters) – Oil prices rose in early Asian trade on Monday after a failed mutiny by Russian mercenaries over the weekend raised concerns about political instability in Russia and the potential impact on oil supply from one of the world’s largest producers. Brent crude futures rose 95 cents, or 1.3%, to…
SEOUL (Reuters) – North Korea held mass rallies in Pyongyang where people shouted slogans vowing a “war of revenge” to destroy the United States, as it marked the 73rd anniversary of the outbreak of the Korean War, state media reported on Monday. About 120,000 working people and students took part in the rallies held across…
By Tetsushi Kajimoto TOKYO (Reuters) -Japan will not rule out any options available to respond appropriately to excessive currency moves, its top currency diplomat Masato Kanda said on Monday, stepping up warnings against recent yen weakening that was “rapid and one-sided.” The vice finance minister for international affairs also told reporters that currencies should move…
By Mohi Narayan and Andrew Hayley (Reuters) – China is relentlessly adding new petrochemical capacity despite a global glut as the country’s refiners diversify from transport fuels, threatening to depress margins worldwide through 2024 as weak economic growth saps demand. In an ominous sign for producers of the chemicals used in plastic packaging, polyester clothing…
TEGUCIGALPA (Reuters) -The Honduran government announced curfews on Sunday in two northern cities after more than 20 people were killed overnight in separate attacks amid escalating violence in the country. Heavily armed men opened fire on Saturday night in a billiards hall in a neighborhood in the northern manufacturing city of Choloma, killing…
NEW YORK/LONDON (Reuters) -Investors were watching for ripple effects from the aborted mutiny in Russia, with some expecting a move into safe havens such as U.S. government bonds and the dollar. Heavily armed Russian mercenaries withdrew from the southern Russian city of Rostov on Saturday under a deal that halted their rapid advance on Moscow…
(Reuters) – Thunderstorms and failing equipment at an FAA facility created significant delays for air travelers across the U.S. East Coast on Sunday evening as Washington and New York were forced to briefly halt most incoming flights. As the evening progressed, flights resumed from the Washington area after repairs to communications were completed, the Federal…
By Summer Zhen HONG KONG (Reuters) -Investors are waiting for a big burst of stimulus from China before they make more aggressive bets on a recovery, having spent the past few months disappointed by economic data and a lack of meaningful policy response from Beijing. The country’s promising recovery early in the year has faltered…
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Asian markets on Monday kick off what looks like a pretty light week for regional economic, policy and corporate drivers, with all eyes on how investors react to the extraordinary events in Russia over the…
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Asian markets on Monday kick off what looks like a pretty light week for regional economic, policy and corporate drivers, with all eyes on how investors react to the extraordinary events in Russia over the…
