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Australia's Myer department stores says to stop selling Apple products

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Signs for one of Australia’s Myer Holdings Ltd’s retail stores is seen on the outside of the building in central Sydney, Australia, February 19, 2018. REUTERS/David Gray MELBOURNE (Reuters) – Australian department store Myer will stop selling Apple Inc products due to the sales being unprofitable, operator Myer Holdings said on Friday. The decision will Read More

Glencore suspends Australian zinc mine as cyclone nears

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FILE PHOTO: The logo of commodities trader Glencore is pictured in front of the company’s headquarters in Baar, Switzerland, July 18, 2017. REUTERS/Arnd Wiegmann/File Photo MELBOURNE (Reuters) – Commodity giant Glencore on Friday said it had suspended operations at its McArthur River zinc mine in northern Australia as a cyclone approaches. Authorities have declared a Read More

Ardern leads two-minute silence for shooting victims

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New Zealand’s prime minister Jacinda Ardern joined thousands in a two-minute vigil, a week after the attacks on two mosques in Christchurch. She joined Muslims and non-Muslims in Hagley Park, opposite al Noor mosque, to observe the call to prayer followed by the silence. At least 42 people were killed in al Noor mosque, and Read More

Mistake sees Christchurch suspect charged with murder of woman who turned out to be alive

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The list of victims of the Christchurch massacre has become shorter, after it was found that one of the women on it is alive. The error will have no impact on the court process, police stressed. The woman, whose identity was not disclosed, is merely described as “connected” to the Friday attack on the mosques. Read More

Global stocks wilt as Fed shift sparks stampede into bonds

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LONDON (Reuters) – European shares wilted and there was a stampede into bonds on Thursday, after the U.S. Federal Reserve’s abandonment of all plans to raise rates this year left traders wondering what might be lurking in the shadows. FILE PHOTO: Signage is seen outside the entrance of the London Stock Exchange in London, Britain. Read More

Aussie TV host mocks New Zealand PM’s accent, gets slammed on Twitter

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A former Australian football league star and TV presenter faced a stinging backlash online after he derided New Zealand Prime Minister Jacinda Ardern’s accent in her speech to parliament following the Christchurch attacks. Ardern has been widely praised at home and abroad for her handling of the tragedy, including her quickly-enacted gun control measures. She Read More

Asian shares rise on Fed dovishness; growth concerns linger

2 days ago DieselGasoil Comments Off on Asian shares rise on Fed dovishness; growth concerns linger
SHANGHAI (Reuters) – Shares in Asia rose on Thursday after the U.S. Federal Reserve abandoned forecasts for any interest rate hikes this year, FILE PHOTO: Passersby walk past in front of an electronic stock quotation board outside a brokerage in Tokyo, Japan, September 28, 2018. REUTERS/Toru Hanai but concerns over U.S.-China trade talks and slowing Read More

Asian shares up on accommodative Fed; growth concerns linger

2 days ago DieselGasoil Comments Off on Asian shares up on accommodative Fed; growth concerns linger
SHANGHAI (Reuters) – Shares in Asia rose on Thursday after the U.S. Federal Reserve took a more accommodative stance at its policy meeting, but concerns over U.S.-China trade talks and slowing global growth capped broad gains and pulled some markets lower. FILE PHOTO: Passersby walk past in front of an electronic stock quotation board outside Read More

Dovish Fed shift lifts Asian shares, dollar nurses losses

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SHANGHAI (Reuters) – Shares in Asia rose on Thursday after the U.S. Federal Reserve took a more accommodative stance at its policy meeting, but concerns over slowing global growth and U.S.-China trade talks are expected to limit gains. FILE PHOTO: Passersby walk past in front of an electronic stock quotation board outside a brokerage in Read More

NZ responds after Turkey claims Anzac was Islamophobic

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By Sharon Marris, news reporter Turkey’s president has sparked a diplomatic fight with New Zealand after portraying the Anzac campaign during the First World War as Islamophobic while seeking to boost his chances in an upcoming election. Recep Tayyip Erdogan was speaking after 50 people were killed as they prayed at two mosques in Christchurch, Read More