Euro dips as ECB meets market expectations

NEW YORK, Feb 2 (Reuters) – The euro dipped against the dollar on Thursday after the European Central Bank (ECB) hiked interest rates by a widely expected 50 basis points and offered no new hawkish surprises, while the Bank of England (BofE) adopted a more dovish tone on inflation. The ECB penciled in at least … Read more

Dollar falls to nine-month low as Powell notes progress in disinflation

NEW YORK, Feb 1 (Reuters) – The dollar extended losses on Wednesday and fell to a nine-month low against a basket of currencies after Federal Reserve Chair Jerome Powell spoke of making progress in bringing down inflation pressures, even as the US central bank warned of further monetary policy tightening. Powell, speaking in a news … Read more

Asian shares jump, dollar eases after Powell comments

SINGAPORE, Feb 2 (Reuters) – Asian stocks jumped on Thursday while the dollar eased after Federal Reserve Chair Jerome Powell said a “disinflationary” process was underway, boosting risk appetite and hope that the US central bank will soon end its monetary tightening streak. MSCI’s broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) was 0.84% ​​higher, … Read more

Missing radioactive capsule found in Western Australia

SYDNEY, Feb 1 (Reuters) – Australian authorities on Wednesday found a radioactive capsule that was lost in the vast Outback after nearly a week-long search along a 1,400 km (870-mile) stretch of highway, an emergency services official said. The military was verifying the capsule and it would be taken to a secure facility in the … Read more

Stocks firm, dollar on edge ahead of Fed decision

US wage growth moderates, Wall Street rallies MSCI AxJ index up 0.6%; dollar flat All eyes on 1900 GMT Fed announcement SINGAPORE, Feb 1 (Reuters) – Asia’s stock markets steadied on Wednesday, with signs of a slowdown in US wages bolstering hopes that the Federal Reserve could hint at an end to interest rate hikes … Read more

Australian nuclear body joins search for missing radioactive capsule

MELBOURNE, Jan 31 (Reuters) – Australia’s nuclear safety agency said on Tuesday it had joined the hunt for a tiny radioactive capsule missing somewhere in the outback, sending a team with specialized car-mounted and portable detection equipment. Authorities have now been on a week-long search for the capsule which is believed to have fallen from … Read more

Asia shares turn cagey as rate hikes, earnings loom

https://tmsnrt.rs/2zpUAr4 Fed seen hiking 25bp this week, ECB and BOE by 50bp Tech giants lead host of earnings results China shares up as holiday travel surges SYDNEY, Jan 30 (Reuters) – Asian shares turned cagey on Monday ahead of a week that is certain to see interest rates rise in Europe and the United States, … Read more

New Zealand counts the cost of Auckland floods, more rain forecast

WELLINGTON, Jan 30 (Reuters) – Flood-ravaged Auckland is forecast to receive further heavy rain in the coming days, authorities in New Zealand’s largest city said on Monday, as insurers counted the costs of what looks likely to be the country’s most expensive weather event ever. Four people lost their lives in flash floods and landslides … Read more

Rio Tinto apologizes after contractor loses radioactive capsule in Australia

MELBOURNE, Jan 30 (Reuters) – Rio Tinto Ltd’s ( RIO.AX ) iron ore division chief Simon Trott apologized on Monday after a contractor hired by the mining giant lost a radioactive capsule in transit in Western Australia, sparking a radiation alert across parts of the state. It is unclear how long the radioactive capsule, part … Read more

Djokovic defends ‘misused’ father over Russia flag controversy

SYDNEY, Jan 27 (Reuters) – Novak Djokovic defended his father after a video emerged showing him posing at the Australian Open with some fans holding Russian flags, saying he was “misused” by the individuals and that his family was against war. Djokovic’s father Srdjan skipped his son’s semi-final win over Tommy Paul on Friday, choosing … Read more