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China's Spring Airlines to raise domestic fuel charges from April 5
BEIJING, March 26 (Reuters) - China's Spring Airlines 601021.SS will raise fuel surcharges for domestic flights from April 5, the company said on its website, as the U.S.-Israeli war on Iran drives up jet fuel prices.Specific details of the adjustment will be announced in a later notice, the bud...Reuters
21 minutes ago
Gold consolidates around $4,500 amid Middle East developments, firmer USD
Gold (XAU/USD) shows some resilience below the $4,500 psychological mark during the Asian session on Thursday and stalls the overnight rejection slide from the 100-day Simple Moving Average (SMA). The upside, however, remains capped amid a bullish US Dollar (USD).Fxstreet
23 minutes ago
Saudi Arabia's Oil Sales To China, India Set To Come In At Lower-Than-Usual Levels Next Month - Bloomberg News
March 26 (Reuters) - SAUDI ARABIA’S OIL SALES TO ASIA’S TWO BIGGEST IMPORTERS SET TO COME IN AT LOWER-THAN-USUAL LEVELS NEXT MONTH - BLOOMBERG NEWSSAUDI ARAMCO DUE TO SHIP ABOUT 40 MILLION BARRELS OF CRUDE TO CUSTOMERS IN CHINA IN APRIL WHICH IS LOWER THAN USUAL - BLOOMBERG NEWSSAUDI ARAMCO'S FL...Reuters
37 minutes ago
China's top lawmaker addresses China's Boao Forum
BEIJING, March 26 (Reuters) - China's top lawmaker and third-ranked leader of the ruling Communist Party, Zhao Leji, on Thursday addressed the Boao Forum, an international summit sometimes referred to as Asia's answer to the World Economic Forum's meetings in Davos, Switzerland.Lawrence ...Reuters
46 minutes ago
GRAINS-Chicago soybean futures rise as Trump plans May meeting with China's Xi
BEIJING, March 26 (Reuters) - Chicago soybeans inched higher on Thursday, as U.S. President Donald Trump's plan to meet Chinese President Xi Jinping in May lifted hopes of stronger Chinese demand for U.S. supplies.Wheat and corn also gained.The most-active soybean contract on the Chicago Board o...Reuters
55 minutes ago
PRECIOUS-Gold steady as markets assess Mideast ceasefire talks
Iran reviewing a U.S. proposal to end the Gulf war Oil prices climb above $100 a barrelMarkets no longer expect any Fed rate cuts this yearBy Noel John March 26 (Reuters) - Gold prices held steady on Thursday, as investors awaited clearer signs of progress in Middle East de-escalation efforts and...Reuters
an hour ago
US FEMA resumes key disaster prevention program that it canceled last year
By Kanishka Singh WASHINGTON, March 25 (Reuters) - The U.S. Federal Emergency Management Agency said on Wednesday it was resuming a disaster prevention program it canceled last year and reopening it to funding applications following legal setbacks. U.S. District Judge Richard Stearns ruled in Dec...Reuters
2 hours ago
GRAINS-Chicago soybean futures rise as Trump plans May visit to China
BEIJING, March 26 (Reuters) - Chicago soybeans inched higher on Thursday as U.S. President Donald Trump's plan to meet Chinese President Xi Jinping in May raised hopes of firmer Chinese demand for U.S. beans. Wheat gained, while corn edged lower. FUNDAMENTALSThe most-active soybean contract...Reuters
2 hours ago
Iron ore, LNG ports in Australia's Pilbara mining hub close as cyclone strikes
SYDNEY, March 26 (Reuters) - Key iron ore and liquefied natural gas (LNG) ports in Western Australia were closed on Thursday as a tropical cyclone struck off the coast of the resources rich Pilbara region, the ports' operator said.Pilbara Ports said operations at the ports of Ashburton, Cape Pre...Reuters
2 hours ago
South Korea's Lee calls for electricity saving amid fuel price increases
SEOUL, March 26 (Reuters) - South Korean President Lee Jae Myung asked the public on Thursday to conserve electric power as rising fuel prices can prompt a shift to electricity because its prices are comparatively stable due to a government-controlled tariff.Lee was holding an emergency economic mee...Reuters
2 hours ago
Oil Prices Climb as Investors Reassess Middle East Ceasefire Prospects
TOKYO, March 26 (Reuters) - Oil prices climbed on Thursday, recovering some of the previous day's losses as investors reexamined prospects for de-escalation in the Middle East as Iran said it was still reviewing a U.S. proposal to end the war, which has disrupted energy flows.Reuters
3 hours ago
Gold Ticks Higher as Markets Trim Fed Rate-hike Expectations
March 26 (Reuters) - Gold prices edged higher on Thursday, extending gains to a third straight session, as investors awaited clarity on efforts to de-escalate the conflict in the Middle East, while trimming bets of a U.S. Federal Reserve rate hike this year.Reuters
3 hours ago
JBS posts flat Q4 profit on record sales but lower US beef margins
Net profit misses estimates; revenue beats themJBS' main US beef unit faces lower cattle supply US beef margin fell less than expected, analysts sayBy Roberto Samora and Andre Romani SAO PAULO, March 25 (Reuters) - Brazil's JBS JBS.N, the world's largest meatpacker, reported a near-fl...Reuters
3 hours ago
RPT-Myanmar's rice farmers scrounge for diesel as Iran conflict dries up supply
Myanmar grapples with rising oil pricesFarmers turn to black market as diesel gets scarceLong queues for rationed fuel, airlines suspend routesFarm output costs could double if instability persists, WFP says March 25 (Reuters) - Win Zaw is among five of a Myanmar family who fan out on motorcycles...Reuters
4 hours ago
Worker sues Valero over Texas refinery explosion
By Erwin Seba HOUSTON, March 25 (Reuters) - A man who said he was injured in an explosion at Valero Energy's VLO.N Port Arthur, Texas refinery on Monday night filed a lawsuit on Wednesday in a state district court alleging the company failed to properly maintain the refinery.The lawsuit filed...Reuters
4 hours ago
CIF/FOB Gulf Grain-Soybean barge bids strengthen
CHICAGO, March 25 (Reuters) - Spot basis bids of soybeans shipped by barge to U.S. Gulf Coast terminals rose on Wednesday, bouncing after declines a day ago and defying pressure from cheaper freight costs on Midwest rivers.Empty barges on the Mississippi River at St. Louis for this week were offered...Reuters
4 hours ago
Us Oil Prices Rise as Investors Assess Middle East De-Escalation
TOKYO, March 26 (Reuters) - U.S. oil prices rose in early trade on Thursday, recovering some of the previous day's losses as investors assessed prospects for de-escalation in the Middle East and Iran reviewed a U.S. proposal to end the war, which has disrupted energy flows from the Gulf.U.S. Wes...Reuters
4 hours ago
Australia's Lynas agrees potential rare earths deal with South Korea's LS Eco Energy
SEOUL, March 26 (Reuters) - Australia's Lynas Rare Earths LYC.AX and South Korea's LS Eco Energy 229640.KS said on Thursday they plan to work together to process rare earths, to help meet demand from customers scrambling to secure non-Chinese sources of the key metals.Under a preliminary agr...Reuters
5 hours ago
