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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.
Reuters
13 minutes ago
Trump says he thinks Iran's new supreme leader is alive but 'damaged'
New Iranian supreme leader has not been seen since selection His first comments as leader were read by a TV presenter Iranian official said this week Khamenei was lightly injuredBy Kanishka Singh WASHINGTON, March 12 (Reuters) - President Donald Trump said that he thinks new Iranian Supreme Leade...Reuters
4 minutes ago
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.Reuters
26 minutes ago
South Korea says considering energy vouchers, boosting coal and nuclear power
SEOUL, March 13 (Reuters) - South Korea is considering providing additional energy vouchers to subsidise vulnerable households if rising global fuel prices in the wake of the Middle East crisis push up electricity costs, the government said on Friday. Asia's fourth-largest economy is also prepar...Reuters
39 minutes ago
PRECIOUS-Gold set for weekly drop as oil price surge weighs on rate-cut hopes
Iran's supreme leader decides to keep Strait of Hormuz closedGold down about 1% so far this weekUS January PCE data due later in the dayBy Noel John March 13 (Reuters) - Gold prices rose on Friday, supported by a weaker dollar and softer U.S. Treasury yields, but were on track for a second co...Reuters
an hour ago
PRESS DIGEST-British Business - March 13
March 13 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - Britain's petrol retailers are facing an investigation into claims that they are profiting from t...Reuters
an hour ago
BP says Whiting refinery union workers reject its latest employment contract
March 13 (Reuters) - BP said late on Thursday that its represented workforce at its Whiting refinery in Indiana has voted not to ratify the company's last, best, and final offer."BP will continue to bargain in the best interests of our employees, our company, and the community," the comp...Reuters
an hour ago
US Issues 30-Day Sanctions Waiver For Purchase Of Russian Oil At Sea
US issues 30-day license for sanctioned stranded Russian oil purchasesMeasure the latest by Trump administration to calm energy markets jolted by Iran warIEA says war creating the biggest oil supply disruption in historyBy Ismail Shakil March 12 (Reuters) - The United States issued a 30-day waive...Reuters
2 hours ago
Silver Price Forecast: XAG/USD Retakes $85.00; Bearish Risks Persist
Silver (XAG/USD) gains some positive traction during the Asian session on Friday and climbs back above the $85.00 mark in the last hour. The white metal, for now, seems to have snapped a two-day losing streak, though it remains on track to end the week on a flattish note.
Fxstreet
2 hours ago
Oil Drops After US Issues License for Countries To Buy Russian Oil Stranded at Sea
BEIJING, March 13 (Reuters) - Oil prices dropped on Friday morning after the U.S. issued a 30-day license for countries to buy Russian oil and petroleum products currently stranded at sea, easing supply concerns.Reuters
2 hours ago
GRAINS-Soybeans dip, but eye sixth weekly rise on oil rally
BEIJING, March 13 (Reuters) - Chicago soybeans edged lower on Friday, but remained on track for a sixth consecutive weekly gains, supported by this week's stronger crude oil market amid the escalating U.S.-Israeli war with Iran.The most-active soybean contract on the Chicago Board of Trade Sv1 f...Reuters
2 hours ago
Syrah Resources Says US ITC Reaches Final Determination On AD/CVD
March 13 (Reuters) - Syrah Resources Ltd SYR.AX:US ITC REACHES FINAL DETERMINATION ON AD/CVDPOSITION REMAINS AAM FROM CHINA BEING SOLD & IMPORTED INTO U.S. AT UNFAIRLY LOW AND SUBSIDISED PRICES, OTHERSUS INTERNATIONAL TRADE COMMISSION REACHED FINAL NEGATIVE DETERMINATION IN ANTIDUMPING, COUNTERV...Reuters
3 hours ago
Trump touts oil price gains, saying 'we make a lot of money,' angering lawmakers
Lawmakers say Trump prioritizes oil companies over consumersEnergy Secretary Chris Wright says $200-a-barrel oil unlikelyOil prices up despite U.S. efforts to control themBy Timothy Gardner and Susan Heavey WASHINGTON, March 12 (Reuters) - U.S. President Donald Trump said on Thursday the United S...Reuters
3 hours ago
WTI climbs above $95.50 as Iran says the Strait of Hormuz must remain closed
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $95.75 during the early Asian trading hours on Friday. The WTI price surges due to the effective closure of the Strait of Hormuz amid conflict involving the United States (US), Israel, and Iran.
Fxstreet
4 hours ago
Senegal's PM challenges BP gas deal, freezes Indorama assets
Senegal said BP-operated gas contract is unfair, talks ongoingSenegal has launched a wide-ranging review of strategic contractsRenegotiations affect oil, gas, fishing, infrastructure and moreSenegal has cancelled 71 oil and gas licenses, promises changeBy Jessica Donati and Bate Felix March 12 (R...Reuters
4 hours ago
Iran’s Mojtaba Khamenei says Strait of Hormuz must remain closed as tool to pressure enemy
Iran’s new supreme leader, Mojtaba Khamenei, said in his first public statement since being appointed that the closure of the Strait of Hormuz maritime passage should be continued as a “tool to pressure the enemy,” CNBC reported on Thursday.Fxstreet
4 hours ago
Venezuela signs deal with Repsol for gas production
March 12 (Reuters) - Venezuela and Spanish energy group Repsol have signed "strategic agreements," the government of the South American country said in a statement on Thursday.Speaking on state-run television, acting President Delcy Rodriguez said the agreement will allow for gas production ...Reuters
5 hours ago
