Swati Pandey
Swati Pandey
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GLOBAL MARKETS-Asian shares ease from three-week highs, dollar retreats

GLOBAL MARKETS-Asian shares ease from three-week highs, dollar retreats

By * MSCI ex-Japan reverses early gains, falls from 3-wk top* Chinese, HK shares lower, CSI300 index off 1%* Dollar softens to two-week lows* Crude oil prices rise on economic recovery hopesSYDNEY, April 7 (Reuters) - Asian shares pulled back from a three-week high on Wednesday, dragged lower by Chinese stocks, though investors were still focused on upcoming company earnings for more signs of a global economic recovery.Eurostoxx 50 futures were off 0.1%, those for Germany’s Dax were barely changed while London’s FTSE futures were up 0.4%. E-Mini futures for the S&P 500 were mostly...

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Swati Pandey
Apr 7
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Australia's central bank cash rate seen near zero until end-2022: Reuters poll

Australia's central bank cash rate seen near zero until end-2022: Reuters poll

By SYDNEY (Reuters) - Australia’s central bank will likely keep key rates at a record low of 0.1% at its monthly policy meeting next week, a majority of economists polled by Reuters showed, with rates seen at that level through the end of 2022.All but one of 24 economists surveyed by Reuters expect no change to policy at the Reserve Bank of Australia’s (RBA) April 6 board meeting. One economist predicted a 5 basis point cut to 0.05%.The economists expect no change to the cash rate until end-2022.The RBA slashed rates last year to an all-time low of 0.1% and launched a massive quantitative...

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Swati Pandey
Apr 1
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AstraZeneca says COVID-19 vaccine 76% effective in new analysis, to seek U.S. approval

AstraZeneca says COVID-19 vaccine 76% effective in new analysis, to seek U.S. approval

By , (Reuters) - AstraZeneca’s said its COVID-19 vaccine was 76% effective in a new analysis of its U.S. trial - only a tad lower than the level in an earlier report this week criticised for using outdated data.Interim data published on Monday had put the vaccine’s efficacy rate at 79% but had not included more recent infections, leading to a highly unusual public rebuke from U.S health officials.The small revision to the efficacy rate will go a long way to putting the vaccine back on track for gaining U.S. emergency use authorisation - which it plans to seek in the coming weeks - and help...

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Rocky Swift
Mar 25
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Australian state borders to reopen with zero local virus cases

Australian state borders to reopen with zero local virus cases

By SYDNEY (Reuters) - Australia’s most populous state of New South Wales recorded its 11th day of zero local coronavirus cases on Thursday, allowing neighbouring Queensland state to lift border restrictions while Victoria state also hinted at relaxing travel with Sydney.Australian states imposed quarantine or hard border restrictions for travellers from New South Wales (NSW) after an outbreak in Sydney in late December, throwing Christmas holiday plans of thousands of Australians into chaos.The Sydney clusters have now been curbed, giving other states the confidence to reopen borders....

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Swati Pandey
Jan 28
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Pigeon spared death in Australia after U.S. leg tag found to be fake - National | Globalnews.ca

Pigeon spared death in Australia after U.S. leg tag found to be fake - National | Globalnews.ca

Want to discuss? Please read our first.AdvertisementClose XAAA pigeon due to be put down in after apparently flying across the Pacific was spared the death sentence on Friday, after a leg tag identifying it as belonging to a U.S. bird organization was declared a fake.The tag suggested it had lost its way during a race in Alabama and flown more than 13,000 kilometres to Melbourne – thereby falling foul of strict quarantine regulations forbidding the importation of live animals or birds.But as a Twitter campaign for the bird – christened Joe by its supporters – to be returned safely to...

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Swati Pandey
Jan 15
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Australia changes National Anthem wording to reflect Indigenous history

Australia changes National Anthem wording to reflect Indigenous history

By SYDNEY (Reuters) - Australia amended its national anthem to remove reference to the country being “young and free” amid calls to recognise that its Indigenous people are the oldest continued civilization in the world.The change to “for we are one and free” took effect on Friday.“We live in a timeless land of ancient First Nations peoples, and we draw together the stories of more than 300 national ancestries and language groups,” Prime Minister Scott Morrison told reporters in Canberra.“And our anthem should reflect that. The changes we have made and we have announced today, I think,...

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Swati Pandey
Jan 1
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Student files first climate change lawsuit against Australian government

Student files first climate change lawsuit against Australian government

India SYDNEY (Reuters) - A 23-year-old student has filed a lawsuit against Australia’s government alleging it has failed to disclose climate change-related risks to investors in the country’s sovereign bonds, in the first such action. According to the litigation filed on Wednesday, Kathleen O’Donnell claims investors who buy Australian government bonds should be made aware of the risks due to climate change that might make it difficult for Australia to pay back its debt. A spokeswoman for Australia’s Treasurer told Reuters the government was aware of the lawsuit. “Legal representatives are...

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Swati Pandey
Jul 22
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Asian shares extend gains as economic recovery hopes build

Asian shares extend gains as economic recovery hopes build

United States SYDNEY/SINGAPORE (Reuters) - Asian stocks extended their winning streak for the ninth consecutive session on Tuesday and oil prices rose as the lifting of coronavirus lockdowns in many countries fed investor hopes of a relatively quick global economic recovery. European markets were set to follow that lead with pan-European Euro Stoxx 50 futures STXEc1 up 0.4% and DAX futures FDXc1 rising 0.3%. U.S. S&P 500 futures ESc1 eased 0.15%. The big bout of optimism for equity markets came last week after U.S. jobs data showed a surprise fall in the unemployment rate, sending Wall...

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Swati Pandey
Jun 9
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Asia shares hit one-month high on Chinese trade data, easing pandemic worries

Asia shares hit one-month high on Chinese trade data, easing pandemic worries

United States SYDNEY/SINGAPORE (Reuters) - Asian equities extended gains on Tuesday after China’s trade data came in better than expected and as some nations tried to restart their economy by partly lifting restrictions aimed at containing the coronavirus outbreak. European stock markets were headed for a strong start, with FTSE futures FFIc1 up 1.5%, German DAX futures FDXc1 gaining 1.7%, Euro Stoxx 50 futures STXEc1 up 1.4%, and U.S. stock futures ESc1 rising 1.3%. Analysts said some of the tail risks that had threatened a much deeper and prolonged downturn were starting to dissipate...

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Swati Pandey
Apr 14, 2020
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