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Asia shares pin all on dovish Fed, risk disappointment

1 hour ago DieselGasoil Comments Off on Asia shares pin all on dovish Fed, risk disappointment
SYDNEY (Reuters) – Asian shares hit five-week highs on Wednesday as investors wagered the Federal Reserve would follow the lead of the European Central Bank and open the door to future rate cuts at its policy meeting later in the day. A man is reflected on an electronic board showing a graph analyzing recent change Read More

Asian shares climb, wager all on dovish Fed, trade hopes revive

3 hours ago DieselGasoil Comments Off on Asian shares climb, wager all on dovish Fed, trade hopes revive
SYDNEY (Reuters) – Asian shares hit five-week highs on Wednesday as investors hoped the Federal Reserve would follow the lead of the European Central Bank and open the door to future rate cuts at its policy meeting later in the day. A man is reflected on an electronic board showing a graph analyzing recent change Read More

China rejects claims fracking caused Sichuan quake: state media

6 hours ago DieselGasoil Comments Off on China rejects claims fracking caused Sichuan quake: state media
SHANGHAI (Reuters) – Chinese officials said there were no indications that a deadly earthquake in the southwestern province of Sichuan this week was caused by excessive shale gas fracking in the region, state media reported on Wednesday. A woman stands near rescue workers searching for survivors in the rubble after earthquakes hit Changning county in Read More

Asia stocks edge up cautiously as Fed jitters build, Europe seen lower

24 hours ago DieselGasoil Comments Off on Asia stocks edge up cautiously as Fed jitters build, Europe seen lower
TOKYO/HONG KONG (Reuters) – Most Asian stock markets rose on Tuesday but gains were capped by investor caution ahead of a U.S. Federal Reserve policy decision, while crude oil prices dipped as global growth worries overshadowed supply concerns. A man looks on in front of an electronic board showing stock information at a brokerage house Read More

Asia stocks cautious before Fed, oil on defensive

1 day ago DieselGasoil Comments Off on Asia stocks cautious before Fed, oil on defensive
TOKYO (Reuters) – Investor caution ahead of the Federal Reserve’s interest rate meeting capped Asian stocks on Tuesday, while crude oil prices retreated as global growth worries overshadowed supply concerns stemming from recent Middle East tensions. A man looks on in front of an electronic board showing stock information at a brokerage house in Nanjing, Read More

Death toll from China quakes rises to 11

1 day ago DieselGasoil Comments Off on Death toll from China quakes rises to 11
BEIJING/SHANGHAI (Reuters) – The death toll from two strong earthquakes in China rose to 11 on Tuesday, with 122 people injured, state media said, adding that rescuers pulled some survivors from rubble in a part of the country that often suffers strong tremors. The quakes, roughly 30 minutes apart, hit the southwestern province of Sichuan Read More

UK-listed firms become 1st foreigners to sell stocks in mainland China

2 days ago DieselGasoil Comments Off on UK-listed firms become 1st foreigners to sell stocks in mainland China
A new stock exchange connection between Britain and China launched on Monday, which will see UK-listed companies become the first foreign firms permitted to list stocks in mainland China. After four years in development, the London-Shanghai Stock Connect was opened by Chancellor Philip Hammond and Chinese Vice-Premier Hu Chunhua. Qualifying firms will now be able Read More

Huawei says U.S. ban hurting more than expected, to wipe $30 billion off revenue

2 days ago DieselGasoil Comments Off on Huawei says U.S. ban hurting more than expected, to wipe $30 billion off revenue
HONG KONG (Reuters) – China’s Huawei Technologies Co Ltd has taken a harder-than-expected hit from a U.S. ban, the company’s founder and CEO Ren Zhengfei said, and slashed revenue expectations for the year. Huawei founder Ren Zhengfei attends a panel discussion at the company headquarters in Shenzhen, Guangdong province, China June 17, 2019. REUTERS/Aly Song Read More

U.S. chipmakers quietly lobby to ease Huawei ban

2 days ago DieselGasoil Comments Off on U.S. chipmakers quietly lobby to ease Huawei ban
SAN FRANCISCO/WASHINGTON (Reuters) – Huawei’s American chip suppliers, including Qualcomm and Intel, are quietly pressing the U.S. government to ease its ban on sales to the Chinese tech giant, even as Huawei itself avoids typical government lobbying, people familiar with the situation said. FILE PHOTO: A Huawei company logo is seen at a shopping mall Read More

Stocks, dollar hold gains with all eyes on Fed meeting

2 days ago DieselGasoil Comments Off on Stocks, dollar hold gains with all eyes on Fed meeting
LONDON (Reuters) – European shares tip-toed higher alongside government bond yields on Monday, as investors braced for what is shaping up to be a crucial week for global monetary policy. The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, June 14, 2019. REUTERS/Staff With the U.S. Federal Reserve Read More