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Sharks, elephants and precious wood in balance at wildlife talks

7 hours ago DieselGasoil Comments Off on Sharks, elephants and precious wood in balance at wildlife talks
GENEVA (Reuters) – The fate of mako sharks, African elephants and their ivory, and precious wood used to make musical instruments are on the agenda of member states attending negotiations of the U.N. wildlife watchdog opening on Saturday, officials said. The Convention on International Trade in Endangered Species (CITES) regulates the buying and selling of Read More

Stocks gain on stimulus hopes but still head for third losing week

11 hours ago DieselGasoil Comments Off on Stocks gain on stimulus hopes but still head for third losing week
LONDON (Reuters) – World stocks rose on Friday as expectations grew of further stimulus by central banks, offsetting worries about slowing economic growth, which intensified this week as the U.S. yield curve inverted for the first time since 2007. FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Read More

Stocks buoyed by stimulus hopes but still head for third losing week

13 hours ago DieselGasoil Comments Off on Stocks buoyed by stimulus hopes but still head for third losing week
LONDON (Reuters) – World stocks rose on Friday as expectations grew of further stimulus by central banks, offsetting worries about slowing economic growth, which intensified this week as the U.S. yield curve inverted for the first time since 2007. FILE PHOTO: The London Stock Exchange Group offices are seen in the City of London, Britain, Read More

Japan keeps gobbling up US debt as Russia keeps on dumping

14 hours ago DieselGasoil Comments Off on Japan keeps gobbling up US debt as Russia keeps on dumping
China lost its status of top foreign holder of US Treasury securities in June for the first time in around two years, US Treasury Department data released on Thursday shows. Japan is now the top holder of US debt. Japan added $21.9 billion to its stockpile of US Treasury Bills, bringing its holdings to a Read More

Weight of history: Chongqing Steel and China’s state sector dilemma

15 hours ago DieselGasoil Comments Off on Weight of history: Chongqing Steel and China’s state sector dilemma
CHONGQING, China (Reuters) – A year and a half ago, Chongqing Iron and Steel Corp (CISC) (601005.SS)(1053.HK), China’s oldest steelmaker, was rescued from the brink of bankruptcy in a deal hailed as a shining example of how struggling state companies can be revamped. A worker walks past steel rolls at the Chongqing Iron and Steel Read More

N. Korea rejects further peace talks with Seoul in protest over joint war drills with US

16 hours ago DieselGasoil Comments Off on N. Korea rejects further peace talks with Seoul in protest over joint war drills with US
Pyongyang has signaled its unwillingness to continue negotiations with its southern neighbor, blaming the diplomatic deadlock on South Korea’s decision to participate in joint military exercises with the United States. In a statement, North Korea said Seoul’s military posturing made dialogue impossible. “Even at this moment, South Korea continues its joint military exercise and to Read More

South Korea versus Japan delivered 380 CST bunker price spread hits record high

18 hours ago DieselGasoil Comments Off on South Korea versus Japan delivered 380 CST bunker price spread hits record high
Singapore — The delivered 380 CST bunker fuel price spread between South Korea and Japan widened to a record high Thursday, due to persistent tightness in high sulfur fuel oil supply in South Korea and rising supply in Japan. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now The South Read More

Asia stocks take heart in stimulus speculation

18 hours ago DieselGasoil Comments Off on Asia stocks take heart in stimulus speculation
SYDNEY (Reuters) – Asian shares found some footing on Friday after a turbulent week as China hinted at more support for its economy, amid growing expectations of aggressive stimulus from all the major central banks. FILE PHOTO: An investor looks at an electronic board showing stock information at a brokerage house in Shanghai, China September Read More

Asia stocks nurse losses, bonds hold huge gains

21 hours ago DieselGasoil Comments Off on Asia stocks nurse losses, bonds hold huge gains
SYDNEY (Reuters) – Asian shares were heading for weekly losses on Friday as conflicting messages on the Sino-U.S. trade war only added to worries for the global economy, while talk of aggressive central bank stimulus drove bond yields to fresh lows. FILE PHOTO: An investor looks at an electronic board showing stock information at a Read More