Page 23 - Christopher Cushing News Today

BEIJING (Reuters) -China pledged on Monday to treat foreign companies the same way as domestic peers in a bid to attract more foreign investment, cooperation and expertise, as Asia's largest economy moves to upgrade and strengthen its industrial chains. "China will fully guarantee national treatment for foreign companies, so that more foreign companies can invest in China with confidence and peace of mind," Vice Commerce Minister Guo Tingting said at the China Development Forum i...

Moves to put Polands central bank governor before a State Tribunal have not had a negative effect on markets, the finance minister said on Monday, in a sign the government is relaxed about any... -March 25, 2024 at 04:06 am EDT - MarketScreener

Oil prices rose in early Asian trading on Monday on concern over tighter global supply brought about by escalating conflict in the Middle East and between Russia and Ukraine, while a shrinking U.S. rig count added to upward price pressure. Brent crude futures had climbed 24 cents, or 0.3%, to $85.67 a barrel at 0029 GMT. U.S. crude futures gained 25 cents, or 0.3%, to $80.88 per barrel.

New Zealand said on Monday a free trade agreement with the European Union would come into effect on May 1, after the countrys parliament ratified the deal.... -March 25, 2024 at 02:37 am EDT - MarketScreener

A look at the day ahead in European and global markets from Wayne Cole. Its been a slow start to what will be a holiday-shortened week for many centres, though that wont... -March 25, 2024 at 01:30 am EDT - MarketScreener

Oil rises as heightened geopolitical risks exacerbate supply concerns By Yuka Obayashi TOKYO (Reuters) - Oil prices rose in early Asian trading on Monday on concerns over tighter global supply brought about by escalating conflicts in the Middle East and between Russia and Ukraine, while a shrinking U.S. rig count…

The Australian and New Zealand dollars crept higher on Thursday as a key commodity index jumped to four-month peaks and provided support amid a dearth of major domestic economic data. ...

Asian shares held near seven-month highs on Thursday though traded mostly sideways as investors awaited fresh catalysts that would provide further clarity on the global interest rate easing cycle. Japan's Nikkei was headed for a fourth successive day of loss - its longest losing streak in about five months - as a potential policy pivot from the Bank of Japan (BOJ) at its meeting next week draws near. MSCI's broadest index of Asia-Pacific shares outside Japan was last little changed a...

Singapore Telecommunications (Singtel) shares fell more than 1% on Thursday in early trade after reports it was in advanced negotiations to sell a significant stake in Australian telco Optus to Canada's Brookfield Asset Management. Those reports came after Singtel had dismissed an article in the Australian Financial Review (AFR) on Wednesday saying it would sell the entirety of Australia's second-largest telecommunications group for as much as A$18 billion ($11.93 billion). Shares of...

Unipec, the trading arm of Asias largest refiner Sinopec, has swept up 8 million barrels of North Sea crude Johan Svedrup to be delivered in May amid weak demand in Europe, several trade sources...