FILE PHOTO: Euro and Dollar banknotes are seen in a picture illustration taken October 19, 2016. REUTERS/Leonhard Foeger/File Photo October 16, 2017 By Hideyuki Sano TOKYO (Reuters) – The euro was on the defensive early on Monday after Austria’s election and on concerns over Catalonia’s confrontation with Madrid, though the […]
FAN Editor
China September producer prices jump most in six months in boost for global inflation
FILE PHOTO: A night view of the old houses surrounded by new apartment buildings at Guangfuli neighbourhood in Shanghai, China, April 10, 2016. I REUTERS/Aly Song/File Photo October 16, 2017 BEIJING (Reuters) – China’s producer price inflation unexpectedly accelerated to a six-month high in September as a construction boom shows […]
Kobe Steel shares tumble to near five-year low as cheating crisis deepens
Kobe Steel President and CEO Hiroya Kawasaki bows during a news conference in Tokyo, Japan October 13, 2017. REUTERS/Kim Kyung-Hoon October 16, 2017 TOKYO (Reuters) – Shares of embattled Kobe Steel Ltd tumbled to their lowest level in nearly 5 years on Monday, as a cheating scandal at the Japanese […]
Ophelia to bring hurricane-force wind, heavy rain to Ireland
Irish authorities ordered all schools in the country to close Monday and warned cyclists and motorists to stay off roads as Hurricane Ophelia bore down on Ireland and the U.K. with potentially deadly winds. Ophelia weakened to a Category 1 hurricane Sunday as it moved north-northeast across the Atlantic, with […]
Oil rig explodes in Louisiana lake, injuries reported
A Louisiana police department says an oil rig has exploded in Lake Pontchartrain in St. Charles Parish. The Times-Picayune reports that Kenner Police Department spokesman Sgt. Brian McGregor said Sunday evening that rescue boats are being sent from the Kenner Boat Launch, and that officials with the Jefferson Parish Sheriff’s […]
Manhunt underway after 2 ‘dangerous’ prisoners escape from Missouri jail
A statewide manhunt is underway in Missouri after two prisoners, accused of violent crimes, escaped from jail just before 2 a.m. on Sunday, according to local authorities. The two escaped from the Pemiscot County Jail through an air duct, arrived at a room to leave and then set off an […]
Iraqi forces enter territory disputed with Kurds
Iraqi federal forces entered disputed territory held by Kurds early Monday, seeking to end a nearly month-old political fight over areas taken under control by Kurdish militias three years ago to defend the oil city of Kirkuk against the Islamic State group. The Iraqi army and federal anti-terrorist and police […]
China’s economy expected to grow 7 percent in second half of this year: PBOC governor
Labourers work at a construction site in Beijing’s central business area, China October 14, 2017. REUTERS/Jason Lee October 16, 2017 SHANGHAI (Reuters) – China’s economy is expected to grow 7 percent in the second half of this year, the country’s central bank governor said, according to a statement published on […]
Asian shares conquer new peaks, oil up on Iraq tensions
People walk past an electronic stock quotation board outside a brokerage in Tokyo, Japan, September 22, 2017. REUTERS/Toru Hanai October 16, 2017 By Swati Pandey SYDNEY (Reuters) – Asian shares advanced to new highs on Monday following Wall Street’s lead, while U.S. oil futures jumped to hover near a six-month […]
Oil prices jump on fear of new U.S. sanctions against Iran
Flames are seen coming from a burn off valve at the American Refining Group, Inc., (ARG) the oldest continuously operated refinery in the United States founded in 1881, in Bradford, Pennsylvania, U.S. October 6, 2017. REUTERS/Brendan McDermid October 16, 2017 By Henning Gloystein SINGAPORE (Reuters) – Oil markets opened up […]