[ad_1] NEW YORK/KUALA LUMPUR (Reuters) – In June, the High Seas tanker ship loaded up on ethanol in Texas and set off for Asia. The company logo of China’s Sinopec Corp is displayed at a
Long, strange trip: How U.S. ethanol reaches China tariff-free
Subaru sees profit at 6-year low on stoppage but turnaround hopes lift shares
[ad_1] TOKYO (Reuters) – Japan’s Subaru Corp cut its full-year earnings forecast by 16 percent to flag its weakest profit in six years due to a production stoppage but its shares climbed 6 percent as
India central bank cuts key rate 25 basis points, changes stance to neutral
[ad_1] FILE PHOTO: A man checks his phone outside the Reserve Bank of India (RBI) headquarters in Mumbai, India April 5, 2018. REUTERS/Francis Mascarenhas/File Photo MUMBAI (Reuters) – India’s central bank on Thursday unexpectedly lowered
Nifty, Sensex rise, bond yields steady ahead of RBI policy decision
[ad_1] (Reuters) – Indian shares rose while 10-year bond yields edged up a basis point on Thursday, as investors awaited the central bank monetary policy decision. Brokers trade at their computer terminals at a stock
Global Markets: Asian shares inch up to four-month highs, NZ$ takes a dive
[ad_1] SYDNEY (Reuters) – Asian share markets edged up to four-month highs on Thursday with Australian equities the star performer while the New Zealand dollar sank after disappointing jobs data prompted investors to narrow the
Oil falls as U.S. maintains record output, inventories climb
[ad_1] SINGAPORE (Reuters) – Oil prices fell on Thursday after U.S. crude inventories rose and as production levels in the country held at record levels, but OPEC-led supply cuts and Washington’s sanctions against Venezuela supported
SoftBank shares soar 13 percent after $5.5 billion share buyback news
[ad_1] FILE PHOTO – The logo of SoftBank Group Corp is displayed at SoftBank World 2017 conference in Tokyo, Japan, July 20, 2017. REUTERS/Issei Kato TOKYO (Reuters) – SoftBank Group Corp shares jumped 13 percent
Qantas cancels order for eight Airbus A380s amid doubts on jet’s future
[ad_1] SINGAPORE (Reuters) – Australia’s Qantas Airways Ltd said on Thursday it formally cancelled a longstanding order for eight Airbus SE A380 superjumbo jets. FILE PHOTO – Qantas flight QF1, an Airbus A380-800 aircraft, takes
Asian shares doze in data lull, New Zealand dollar takes a dive
[ad_1] SYDNEY (Reuters) – Asian share markets were in a muted mood on Thursday and looked set for a sleepy session with China still on holiday and no major economic data on the diary. FILE
U.S. and China to resume trade talks next week in Beijing
[ad_1] WASHINGTON (Reuters) – U.S. Treasury Secretary Steven Mnuchin said on Wednesday that he and other U.S. officials will travel to Beijing next week for trade talks, aiming to clinch a deal to avert a