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Oil Depot in Southern Russia on Fire After Drone Attack, Authorities Say
MOSCOW, March 16 (Reuters) - An oil depot in Russia's southern Krasnodar region caught fire after a drone attack, local authorities reported on Monday.
Mon, Mar 16
Asian Stocks Waver on Mideast Tensions; Indonesia Tumbles to Eight-month Low
March 16 (Reuters) - Stocks in emerging Asia fluctuated on Monday as the Middle East war kept oil prices elevated and investors on edge, while Indonesian equities fell to an eight-month low after the president indicated a willingness to exceed the country's fiscal deficit limit.
Mon, Mar 16
Japan Not yet Planning Hormuz Escort Mission, Pm Takaichi Says
TOKYO, March 16 (Reuters) - Japan does not currently plan to dispatch naval vessels to escort ships in the Middle East, Prime Minister Sanae Takaichi said on Monday, after U.S. President Donald Trump called on allies to help escort tankers through the Strait of Hormuz.
Mon, Mar 16
Micron Plans Second Chip Facility at Newly Acquired Taiwan Site
TAIPEI, March 16 (Reuters) - U.S. memory chipmaker Micron Technology MU.O said on Monday it plans to build a second manufacturing facility in Taiwan at the Tongluo site it recently acquired from Powerchip Semiconductor Manufacturing Corp.
Mon, Mar 16
GLOBAL MARKETS-Asia Shares Wary, Oil Volatile as War Drags On
SYDNEY, March 16 (Reuters) - Asian markets were in a wary mood on Monday as hostilities in the Gulf kept oil prices elevated, complicating an inflation outlook that should keep most central banks on pause at policy meetings this week, barring one possible hike.
Mon, Mar 16
Jd.com Launches Joybuy in Europe, Targeting Amazon
LONDON, March 16 (Reuters) - Chinese e‑commerce giant JD.com 9618.HK on Monday launched its Joybuy online marketplace in the UK, Germany, France, the Netherlands, Belgium and Luxembourg, stepping up its push beyond its home market and taking aim at market leader Amazon AMZN.O.
Mon, Mar 16
Japan Finance Minister Flags Readiness to Take Decisive Steps on Forex
TOKYO, March 16 (Reuters) - Japan Finance Minister Satsuki Katayama said on Monday that the government is prepared to take decisive steps against volatility in foreign exchange and other financial markets, as the yen sank close to the psychologically important 160-per-dollar line."There was shar...
Mon, Mar 16
Trump Warns NATO Faces ‘very Bad Future’ If Allies Fail to Help Us in Iran, Ft Reports
March 15 (Reuters) - U.S. President Donald Trump has warned that NATO faces a “very bad” future if U.S. allies fail to assist in opening up the Strait of Hormuz, in an interview with the Financial Times published on Sunday.
Mon, Mar 16
Australian Dollar Steady After Turbulent Week, with Focus on Hawkish RBA
SYDNEY, March 16 (Reuters) - The Australian dollar steadied on Monday following two consecutive weeks of losses as a war in the Middle East rages, while traders braced for a possible trade hike Down Under as surging oil prices increased concerns about inflationary risks.
Mon, Mar 16
WRAPUP 11- Trumps says US could escort ships through strait as oil prices roil global economy
Trump pledges more strikes 'over the next week'US issues 30-day waiver for Russian oil purchasesIsrael and Iran exchange missile barragesTrump says Putin helping Iran 'a little bit' By Parisa Hafezi, Maya Gebeily and Alexander Cornwell WASHINGTON/DUBAI/BEIRUT/JERUSALEM, March 13 (...
Fri, Mar 13
US issues 30-day sanctions waiver for purchase of Russian oil at sea
US issues 30-day license for sanctioned stranded Russian oil purchasesRussian envoy says the move will affect 100 million barrels of oilMeasure the latest by Trump administration to calm energy markets jolted by Iran warBy Ismail Shakil and Gleb Bryanski March 13 (Reuters) - The United States iss...
Fri, Mar 13
Exclusive-with Iran War Exit Elusive, Trump Aides Vie to Affect Outcome
WASHINGTON, March 13 (Reuters) - A complex tug-of-war inside the White House is driving U.S. President Donald Trump's shifting public statements on the course of the Iran war, as aides debate when and how to declare victory even as the conflict spreads across the Middle East.
Fri, Mar 13
Meta Pushes Ai Model 'avocado' Rollout to May or Later, Nyt Reports
March 12 (Reuters) - Meta META.O has postponed the release of its artificial intelligence model "Avocado" to at least May, from this month, the New York Times reported on Thursday, citing sources.The performance of Meta's new AI model currently falls between Google's GOOGL.O AI Gemin...
Fri, Mar 13
BofA Delays BoE Rate-cut Call to June as Energy Prices Revive Inflation Risks
March 13 (Reuters) - BofA Global Research, which had expected the Bank of England to begin cutting rates in March, has now pushed its call to June, saying rising energy prices have revived inflation risks and clouded the policy outlook.
Fri, Mar 13
Apple Cuts China App Store Commission Fees After Government Pressure
BEIJING, March 13 (Reuters) - Apple AAPL.O said on Thursday it would lower the commission fees collected by the company from its App Store in mainland China in a huge win for Chinese developers following apparent pressure from regulators in the U.S. tech giant's second-largest market.
Fri, Mar 13
China's Vice Premier He Lifeng to Hold Trade Talks with US in Paris
HONG KONG, March 13 (Reuters) - China's vice premier He Lifeng will travel to Paris from March 14 to 17 and hold trade talks with U.S. officials, the Chinese Commerce Ministry said on Friday.
Fri, Mar 13
Japan Ready To Act Against Sharp Yen Swings, Finance Minister Says
TOKYO, March 13 (Reuters) - Japan is ready to take whatever steps are necessary at all times against sharp swings in foreign exchange and other financial markets, which have a huge impact on people's livelihoods, Finance Minister Satsuki Katayama said on Friday.
Fri, Mar 13
Aluminium Slips as Investors Weigh Oil-led Inflation Concerns, Supply Fears
March 13 (Reuters) - Aluminium eased on Friday as rising oil prices remained a focus and continued to fuel inflation concerns, although the metal was headed for weekly gains amid supply risks linked to the ongoing Middle East war.
Fri, Mar 13
Asia Set to Pledge $30 Billion in Energy, Mineral Deals with Us, Bloomberg News Reports
March 12 (Reuters) - Japan and several Asia-Pacific countries are expected to announce more than $30 billion worth of agreements with U.S. companies this weekend, Bloomberg news reported on Thursday.
Fri, Mar 13
China's ByteDance gets access to top Nvidia AI chips, WSJ reports
March 12 (Reuters) - TikTok's Chinese parent ByteDance is assembling computing power with high-end Nvidia NVDA.O chips outside China, the Wall Street Journal reported on Thursday.
Fri, Mar 13
