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WTI Oil corrects lower from $75.00, but remains well above May’s range
Crude prices have pulled back from five-month highs right above the $75.00 level on Monday, but they remain 12% above the levels seen one month ago, boosted by investors’ concern about supply disruptions stemming from the Iran-Israel war.The price of the West Texas Intermediate barrel jumped about 3
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Mon, Jun 16
ADNOC leads $18.7 billion proposal to buy Australia's Santos in LNG push
XRG-led consortium offers 28% premium to Santos' last closeTakeover faces risk securing regulatory approvals, analysts saySantos shares jump 11%, well below offer priceBy Scott Murdoch and Emily Chow June 16 (Reuters) - Australia's second-largest gas producer Santos STO.AX said on Monday ...Reuters
Mon, Jun 16
EUROPE GAS-Prices rise as Israel-Iran attacks continue
LONDON, June 16 (Reuters) - Dutch and British wholesale gas prices mostly rose on Monday morning due to the escalation of conflict between Israel and Iran and the prospect of it impacting gas supplies.The benchmark Dutch front-month contract at the TTF hub TRNLTTFMc1 rose by 0.51 euro to 38.40 euro...Reuters
Mon, Jun 16
Euro zone yields little changed, Middle East, Fed meeting in focus
June 16 (Reuters) - Euro zone government bond yields struggled for direction on Monday as investors assessed the impact of the Middle East conflict on growth and inflation while awaiting the U.S. Federal Reserve's policy meeting later this week.Iranian missiles struck Israel overnight, part of a...Reuters
Mon, Jun 16
Sri Lanka plans IMF talks on ways to lure foreign investors
By Uditha Jayasinghe COLOMBO, June 16 (Reuters) - Sri Lanka plans to discuss strategies with the International Monetary Fund (IMF) to lure foreign investment, President Anura Kumara Dissanayake said on Monday, in the aftermath of the Indian Ocean nation's financial crisis.Sri Lanka has recove...Reuters
Mon, Jun 16
FACTBOX-Australia's Santos targeted by ADNOC-led consortium
SINGAPORE, June 16 (Reuters) - Abu Dhabi's National Oil Company (ADNOC), looking to grow a global gas business, is leading a proposed $18.7 billion takeover of Australia's second-largest independent gas producer, Santos STO.AX, which has backed the planned bid.Below are key details on Santos...Reuters
Mon, Jun 16
TECHNICALS-CBOT soybeans may retrace into $10.57-3/4 to $10.62-1/4 range
For more technical analyses, please click SINGAPORE, June 16 (Reuters) - The CBOT soybean July contract SN25 may retrace into a range of $10.57-3/4 to $10.62-1/4 per bushel, as it faces strong resistance at $10.77.A long-shadowed shooting star formed on June 16, following the failure of the market t...Reuters
Mon, Jun 16
Air India's Dreamliner returns to Hong Kong after technical issue mid-air, ANI reports
NEW DELHI, June 16 (Reuters) - Air India's Boeing 787-8 Dreamliner bound for New Delhi returned to its origin of Hong Kong after the pilot suspected a technical issue mid-air, Indian news agency ANI reported, citing sources.Reuters
Mon, Jun 16
Air India's Boeing 787-8 Dreamliner Forced To Return To Origin After Pilot Suspects Technical Issue Mid-Air -ANI, Citing Sources
June 16 (Reuters) - AIR INDIA'S BOEING 787-8 DREAMLINER FROM HONG KONG TO DELHI FORCED TO RETURN TO ORIGIN; PILOT SUSPECTS TECHNICAL ISSUE MID-AIR -ANI, CITING SOURCESSource text: [ID:]Reuters
Mon, Jun 16
VEGOILS-Palm gains higher on Chicago's soyoil, crude oil rally
By Dewi Kurniawati JAKARTA, June 16 (Reuters) - Malaysian palm oil futures rose for the third straight session on Monday, tracking gains in Chicago soyoil after the U.S. proposed increasing biofuels blending, and supported by the crude oil rally following tensions in the Middle East.The benchmark...Reuters
Mon, Jun 16
Premium insurance demand rises with global travel disruptions
LONDON/NEW YORK, June 16 (Reuters) - With flight cancellations, delays and other disruptions on the rise, leisure travellers are being increasingly discerning over the level and type of insurance they buy and businesses are turning to specialist advisory services to limit risk.Reuters
Mon, Jun 16
US aircraft carrier heads west from S.China Sea amid Middle East tensions
HANOI, June 16 (Reuters) - U.S. aircraft carrier USS Nimitz left the South China Sea on Monday morning heading west, according to data from ship tracking website Marine Traffic, after a reception for its planned port call in central Vietnam was cancelled.Reuters
Mon, Jun 16
RPT-FACTBOX-What is Israel's multi-layered defence against Iranian missiles?
June 15 (Reuters) - Israel has multi-layered air defences against attacks by Iran, which has fired hundreds of ballistic missiles and suicide drones at Israel over the past two days as the Middle East rivals traded heavy blows.Israel has been honing its air defences since coming under Iraqi Scud sal...Reuters
Mon, Jun 16
PRESS DIGEST-New York Times business news - June 16
June 16 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.- Japan's Nippon Steel 5401.T agreed to an arrangement, which would give U.S. President Donald Trump and his successors a perma...Reuters
Mon, Jun 16
Baker Hughes says all facilities operating in Middle East
KUALA LUMPUR, June 16 (Reuters) - All the facilities of energy services firm Baker Hughes BKR.O are operating normally in the Middle East, chief executive Lorenzo Simonelli told Reuters on the sidelines of the Energy Asia conference on Monday."Currently, all of our employees are safe, and the fa...Reuters
Mon, Jun 16
Sri Lanka has 'no room for policy errors' in economic reforms, IMF says
Sri Lanka must work on reducing poverty, debt, IMF official saysCountry facing big challenges given tariffs, conflict and fragmentationSri Lanka ended about half its 16 past IMF programs prematurely By Andrea Shalal WASHINGTON, June 16 (Reuters) - Sri Lanka has made substantial progress on an IMF...Reuters
Mon, Jun 16
INDIA BONDS-India bond yields in narrow range as traders eye cues from oil, Fed
By Dharamraj Dhutia MUMBAI, June 16 (Reuters) - Indian bond yields hunted for direction on Monday, as traders tracked oil price moves amid geopolitical tensions and awaited cues from the U.S. Federal Reserve's policy decision.The yield on the benchmark 10-year bond IN063335G=CC was at 6.2944%...Reuters
Mon, Jun 16
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