News
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Russia is ready to mediate on Iran, and to accept Tehran's uranium, Kremlin says
MOSCOW, June 16 (Reuters) - Russia remains ready to act as a mediator in the conflict between Israel and Iran, and Moscow's previous proposal to store Iranian uranium in Russia remains on the table, the Kremlin said on Monday.Tehran says it has the right to peaceful nuclear power, but its swiftl...Reuters
Mon, Jun 16
Russia is ready to mediate between Israel and Iran, and to accept Iran's uranium, Kremlin says
MOSCOW, June 16 (Reuters) - Russia remains ready to act as a mediator in the conflict between Israel and Iran, and Moscow's previous proposals to store Iranian uranium in Russia remain on the table, the Kremlin said on Monday.Russia's previous proposals to resolve the conflict are still on t...Reuters
Mon, Jun 16
India's monsoon back on track, heatwave to ease, says weather officials
By Rajendra Jadhav MUMBAI, June 16 (Reuters) - India's monsoon has revived after stalling for more than a fortnight, and rains are set to cover central parts of the country this week, bringing relief from the heatwave in the grain-growing northern plains, two senior weather officials said on ...Reuters
Mon, Jun 16
Citi expects Brent crude to trade around $70-80/bbl in near term
June 16 (Reuters) - Analysts at Citibank expect Brent crude to trade around current levels of $70-80 a barrel in the very near term as the conflict in the Middle East continues, they said in a note on Monday.However, the bank maintains its longer term $60-65/bbl oil price forecast."At this stag...Reuters
Mon, Jun 16
Air India Dreamliner returns to Hong Kong after technical issue
By Abhijith Ganapavaram and Lisa Barrington NEW DELHI, June 16 (Reuters) - An Air India Boeing 787-8 Dreamliner plane bound for New Delhi returned to its origin of Hong Kong shortly after takeoff on Monday as a precautionary measure following a suspected technical issue.Last week, an Air India fl...Reuters
Mon, Jun 16
China grants conditional approval for Bunge's merger with Viterra
BEIJING, June 16 (Reuters) - China's market regulator has granted conditional approval for global agribusiness Bunge Global SA's BG.N merger with Glencore-backed grain handler Viterra, it said on Monday, as the company cleared the final hurdle for the $34 billion mega-deal announced two year...Reuters
Mon, Jun 16
IAEA chief says no further damage at Iranian enrichment facilities
VIENNA, June 16 (Reuters) - U.N. nuclear watchdog chief Rafael Grossi provided an update on Monday on the situation at Iran's nuclear facilities after Israel launched military strikes and said there was no sign of further damage at the Natanz or Fordow enrichment sites."The (International At...Reuters
Mon, Jun 16
FACTBOX-An overview of Iran's main gas field and oil infrastructure
DOHA, June 15 (Reuters) - Israel struck an installation at Iran's South Pars gas field on Saturday, the first attack on Iran's oil and gas sector as part of what the Israeli government had warned would be a prolonged operation to prevent Tehran from building an atomic weapon.Iran has partial...Reuters
Mon, Jun 16
METALS-Copper prices up on China retail data, Israel-Iran tensions weigh
By Hongmei Li SINGAPORE, June 16 (Reuters) - Copper prices on the Shanghai Futures Exchange and the London Metal Exchange inched up on Monday, supported by better-than-expected Chinese retail data, although the escalating Israel-Iran conflict capped gains.The SHFE most-traded copper contract SCFc...Reuters
Mon, Jun 16
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
Fxstreet
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
