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Taiwan rattled by quake off northeast coast, no immediate reports of damage
TAIPEI, Aug 27 (Reuters) - A magnitude 6 earthquake struck in the sea off the northeast coast of Taiwan on Wednesday, the island's weather administration said, with no immediate reports of damage.The quake briefly shook buildings in the capital, Taipei. The quake, some 20 km (12.4 miles) offshor...Reuters
6 minutes ago
Kyrgyzstan begins mining gold at Kumtor deposit after nationalisation
BISHKEK, Aug 27 (Reuters) - Kyrgyzstan on Wednesday began underground gold mining at Kumtor, one of the largest deposits in Central Asia, which the government said could hold as many as 147 metric tons of gold reserves. Kyrgyz President Sadyr Japarov, a populist and nationalist, nationalised the min...Reuters
11 minutes ago
Taiwan rattled by 6 magnitude quake, no immediate reports of damage
TAIPEI, Aug 27 (Reuters) - A 6 magnitude earthquake struck just off Taiwan's northeast coast on Wednesday, the island's weather administration said, with no immediate reports of damage.The quake shook buildings in the capital, Taipei. The quake had a depth of 112 km (70 miles), the weather a...Reuters
12 minutes ago
CBOT Trends-Wheat down 5-6 cents, corn down 1-2, soy steady-down 1
CHICAGO, Aug 27 (Reuters) - The following are U.S. expectations for the resumption of grain and soy complex trading at the Chicago Board of Trade at 8:30 a.m. CDT (1330 GMT) on Wednesday. WHEAT - Down 5 to 6 cents per bushelWheat futures Wv1 fell for the first time in three sessions on ample glo...Reuters
24 minutes ago
Report spotlights tensions in Mali military over Wagner mercenaries
By Portia Crowe DAKAR, Aug 27 (Reuters) - Russian private mercenary operations in Mali have sowed resentment within the West African nation's army and military government, caused security lapses, and failed to yield any mining concessions, a new report has found.The Wagner group began operati...Reuters
34 minutes ago
EQT to buy LNG from Sempra's Port Arthur Phase 2 project
Aug 27 (Reuters) - A unit of U.S. energy company Sempra SRE.N will supply 2 million tonnes per annum (Mtpa) of liquefied natural gas from the Port Arthur LNG Phase 2 development project to EQT Corp EQT.N for 20 years, the companies said on Wednesday. Commercial activity in the U.S. LNG s...Reuters
43 minutes ago
METALS-Copper breaks four-session win streak on firmer dollar, China worries
By Eric Onstad LONDON, Aug 27 (Reuters) - Copper slipped on Wednesday, breaking four sessions of gains, weighed down by a stronger dollar, rising inventories and concern about demand in China, the top metals consumer. The benchmark three-month contract CMCU3 on the London Metal Exchange fell ...Reuters
52 minutes ago
Oil steadies as investors focus on Ukraine, inventories and tariffs on India
US envoy to meet Ukrainians representatives in New YorkTrump's hefty India tariffs take effect US oil inventories show weekly decline, sources sayRussia plans higher August crude exportsBy Alex Lawler LONDON, Aug 27 (Reuters) - Oil prices steadied on Wednesday as investors digested an industr...Reuters
55 minutes ago
Gold slips from two-week peak as US Dollar firms, Fed turmoil in focus
Gold (XAU/USD) is trading on the back foot on Wednesday as the US Dollar (USD) regains strength and edges higher, despite political turmoil surrounding US President Donald Trump’s attempt to oust Federal Reserve (Fed) Governor Lisa Cook.
Fxstreet
an hour ago
RPT-COLUMN-Trump tariffs force much-needed petrochemicals contraction: Bousso
Petrochemicals supply to exceed demand by 20-25% by 2030South Korea to cut capacity in reponse to US tariffsChina considers closing loss-making plantsBy Ron Bousso LONDON, Aug 27 (Reuters) - U.S. President Donald Trump's trade wars are nudging the global plastics industry toward a painful but...Reuters
2 hours ago
RPT-COLUMN-India, US to lose from Trump tariffs as Russia wins: Russell
By Clyde Russell LAUNCESTON, Australia, Aug 27 (Reuters) - The United States imposed tariffs of up to 50% on imports of goods from India on Wednesday in a move that is a textbook example of a lose-lose situation for both countries, but perversely is a win for the intended target, Russia.The addit...Reuters
2 hours ago
PRESS DIGEST-Canada - Aug 27
Aug 27 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.THE GLOBE AND MAIL** Air Canada AC.TO flight attendants will begin voting to ratify a tentative agreement reached last week between the...Reuters
2 hours ago
UN nuclear watchdog back in Iran, no deal yet on inspections
DUBAI, Aug 27 (Reuters) - UN nuclear inspectors have returned to Iran for the first time since it suspended cooperation with them in the wake of Israel's attacks on its nuclear sites, Iranian state media reported on Wednesday. Iranian Foreign Minister Abbas Araqchi told lawmakers Tehran ...Reuters
2 hours ago
Blackstone plans $5 bln expansion of Spanish data centre project
MADRID, Aug 27 (Reuters) - U.S. asset manager Blackstone BX.N is looking to expand its planned project to build data centres in Spain's Aragon, with an additional investment of 4.3 billion euros ($5.03 billion) in the region striving to become a major cloud computing hub.Documents filed with the...Reuters
2 hours ago
WTI Price Forecast: 50-EMA acts as major barrier
West Texas Intermediate (WTI), futures on NYMEX, trade cautiously near Tuesday’s low of $63.00 during the European trading session on Wednesday. The Oil price struggles to gain ground ahead of the United States (US) Oil inventories data for the week ending August 22.
Fxstreet
2 hours ago
Jeff Hildebrand's Harvest Midstream to buy some MPLX pipeline assets for $1 billion
By David French Aug 27 (Reuters) - Harvest Midstream, owned by the founder of privately held Hilcorp Energy, has agreed a deal to acquire $1 billion worth of natural gas gathering and processing assets from MPLX MPLX.N, the companies said on Wednesday.Houston-based Harvest holds midstream assets ...Reuters
2 hours ago
Ethanol maker REX American Resources Q2 revenue rises, announces 2-for-1 stock split
OverviewREX fiscal Q2 revenue rises to $158.6 mln, driven by higher sales volumesNet income per share declines to $0.43 from $0.70 in Q2 '24Company announces 2-for-1 stock split, doubling outstanding sharesOutlookCompany expects ethanol expansion project completion in 2026Company sees benefits f...Reuters
2 hours ago
RPT-COLUMN-US fossil fuel electricity output and emissions hit 2025 peaks: Maguire
By Gavin MaguireLITTLETON, Colorado, Aug 27 (Reuters) - There's good news and bad news for climate trackers following U.S. power generation and emissions trends.The good news is that electricity production from fossil fuels likely peaked for the year in July when annual demand for air conditioni...Reuters
3 hours ago
