Thursday, Jun 29 2017 | Time 01:00 Hrs(IST)
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  • UN Libya convoy hit west of Tripoli - statement
  • Van Niekerk breaks another Johnson world record in rare 300m race
  • Opposition Labour loses vote on UK austerity, pay cap
  • US to unveil enhanced airline security plan to avoid laptop ban
  • Venezuela hunts rogue helicopter attackers, Maduro foes suspicious
  • Despite healthcare hit, Trump says big surprise on bill could come
  • Brazil's Supreme Court sends Temer charges to lower house
World

China steel prices rise as govt crackdown offsets slow demand

26 Jun 2017 | 11:17 AM

* Rebar on track for first quarterly loss since Q4 2015 * Iron ore technically weaker after 'death cross' * Crackdown on low-quality steel in focus ahead of June 30 deadline By Muyu Xu and Josephine Mason BEIJING, Jun 26 (Reuters) China's steel prices rose on Monday, regaining some lost ground from last week, as investors bet on tighter supplies from government-enforced cutbacks, offsetting concerns about slow demand and rising inventories in the world's top steelmaker.

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Short of IT workers at home, Israeli startups recruit elsewhere

26 Jun 2017 | 11:10 AM

* Israel faces shortage of 10,000 programmers, engineers * Industry could lose its global edge if startups suffer * Government taking steps to improve maths, science education * Israel improving visa access for foreign workers * Startups plug staffing gaps with developers in Ukraine By Tova Cohen TEL AVIV, Jun 26 (Reuters) When Alexey Chalimov founded software design firm Eastern Peak in Israel four years ago he knew he would not find the developers he needed at home.

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Fed's Williams sees gradual rate hikes as key to further U.S. growth

26 Jun 2017 | 11:08 AM

SYDNEY, Jun 26 (Reuters) With the U.

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Walt Disney's Disneyland presentation map fetches $708,000 at auction

26 Jun 2017 | 10:59 AM

Undated, Jun 26 (Reuters) Walt Disney's "presentation map," which the late animation entrepreneur drew in the 1950s to attract investors to the idea for his legendary theme park "Disneyland," sold for 708,000 dollar at an auction of Disney memorabilia.

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China court hands jail terms to Australians in Crown Resorts trial

26 Jun 2017 | 10:53 AM

By Engen Tham and Winni Zhou SHANGHAI, Jun 26 (Reuters) A Chinese court handed short jail terms to three Australian employees of Crown Resorts Ltd in a quick-fire trial following a lengthy probe into how the firm lured Chinese high-rollers to its casinos.

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Heroes or agitators? Young lawmakers on Venezuela's front line

26 Jun 2017 | 10:47 AM

By Andrew Cawthorne and Victoria Ramirez CARACAS, Jun 26 (Reuters) One was knocked off his feet by a water cannon.

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Slowdown in U.S. inflation due to one-off factors-Fed's Williams

26 Jun 2017 | 10:42 AM

SYDNEY, Jun 26 (Reuters) A recent slowdown in U.

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Yuan set to weaken for 8th day despite firmer fix

26 Jun 2017 | 10:40 AM

SHANGHAI, Jun 26 (Reuters) China's yuan is set to weaken for the eighth consecutive session against the U.

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China hands Crown Resorts employees short jail terms - official

26 Jun 2017 | 10:28 AM

SHANGHAI, Jun 26 (Reuters) A Chinese court sentenced three Australian employees of casino operator Crown Resorts Ltd to short jail terms today, an Australian diplomat said, but they will have little time left to serve as the sentences run from the date of their detention last October.

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Tropical Storm Dora expected to become hurricane today: NHC

26 Jun 2017 | 10:23 AM

MEXICO CITY, Jun 26 (Reuters) Tropical Storm Dora, located off the western coast of Mexico in the Pacific Ocean, is strengthening quickly and is expected to become a hurricane today, the US National Hurricane Center (NHC).

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China, Canada vow not to conduct cyber attacks on private sector

26 Jun 2017 | 10:17 AM

Undated, Jun 26 (Reuters) China and Canada have signed an agreement vowing not to conduct state-sponsored cyber attacks against each other aimed at stealing trade secrets or other confidential business information.

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Australians among 19 on trial as Crown Resorts case opens in China

Australians among 19 on trial as Crown Resorts case opens in China

26 Jun 2017 | 10:11 AM

By Winni Zhou and Engen Tham

SHANGHAI, Jun 26 (Reuters) Three Australians went on trial in China today along with a dozen other Crown Resorts Ltd employees and former employees accused of gambling crimes, following a lengthy probe into how the firm lured Chinese high-rollers to its casinos.

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Some banks risk $240 mln research loss as MiFID gives low-cost players a leg-up

26 Jun 2017 | 10:07 AM

HONG KONG, Jun 26 (Reuters) Some global investment banks risk losing up to $240 million in business by 2020 as a regulatory overhaul, which will change the way securities research is priced and used, makes independent firms more attractive for clients, a financial consultancy said.

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Japan regional banks face further delays in merger plans

26 Jun 2017 | 10:05 AM

* Big city banks have already consolidated * They now number three compared with 21 previously * Japan's 100-plus regional banks lag behind * They are under pressure from shrinking market, weak margins By Takahiko Wada and Sumio Ito TOKYO, Jun 26 (Reuters) A proposed merger between two banks in southern Japan will likely be delayed for a second time over monopoly concerns, sources said, highlighting the difficulty regional banks face in trying to consolidate to survive the shrinking market.

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Nine dead after Colombia tourist boat sinks in reservoir

Nine dead after Colombia tourist boat sinks in reservoir

26 Jun 2017 | 10:03 AM

BOGOTA, Jun 26 (Reuters) Nine people died and 28 are missing after a multi-decked tourist boat carrying about 170 passengers sank in Colombia's Penol-Guatape reservoir during the long holiday weekend, a government official said.

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China blue-chips hit 18-mth high on MSCI inclusion hopes; HK also up

26 Jun 2017 | 10:01 AM

* SSEC 0.

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Australia shares edge up as Metcash jumps; NZ steady

26 Jun 2017 | 9:50 AM

By Sindhu Chandrasekaran Undated, Jun 26 (Reuters) Australian shares edged up on Monday with the consumer staples sector climbing after Metcash Ltd reported a rise in underlying annual profit, but financial stocks struggled to remain positive amid continuing concerns over bank taxes.

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Tradeweb to be main offshore trading platform for China "Bond Connect"

26 Jun 2017 | 9:48 AM

SHANGHAI, Jun 26 (Reuters) Tradeweb, a fixed-income trading platform, will connect with China Foreign Exchange Trading System (CFETS) to be the main interface for offshore investors trading in China's bond market through the country's upcoming "Bond Connect" scheme, the company said on Monday.

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JGB curve steepens as 30-year yield pulls back from 2-mth lows

26 Jun 2017 | 9:40 AM

TOKYO, Jun 26 (Reuters) The Japanese government bond yield curve steepened on Monday as the 30-year yield pulled back from two-month lows.

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New US ambassador to China says North Korea a top priority

26 Jun 2017 | 9:35 AM

BEIJING, Jun 26 (Reuters) The new US ambassador to China has said that stopping the threat posed by North Korea will be a top priority, along with resolving the US-China trade imbalance, according to a video message to the Chinese people released today.

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S.Korea economy to see mild improvement this year: c.bank

26 Jun 2017 | 8:41 AM

SEOUL, Jun 26 (Reuters) South Korea's economy is expected to see gradual improvement this year thanks to manufacturing and services, the country's central bank said in a regular report on regional growth on Monday.

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Mongolia economy, graft in spotlight as voters elect president

26 Jun 2017 | 8:40 AM

By Joseph Campbell and Terrence Edwards ULAANBAATAR, Jun 26 (Reuters) Polling stations opened throughout Mongolia's cities, townships and prairies today as nearly two million residents were asked to choose a new president amid worries about corruption and the state of the resource-dominated economy.

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Oil jumps 1 pct on weaker dollar, but rise in U.S. drilling drags

26 Jun 2017 | 8:38 AM

* Weak U.

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China agrees to stop cyberattacks on Canadian private sector - Globe and Mail

26 Jun 2017 | 8:35 AM

Undated, Jun 25 (Reuters) China has signed an agreement to stop conducting state-sponsored cyberattacks against the Canadian private sector, the Globe and Mail reported, citing an official communiqué.

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Dollar drifts as U.S. yields stay low, rate hike expectations ebb

26 Jun 2017 | 8:28 AM

* Dollar index treads water after slipping from 1-month highs * Dollar out of traction with U.

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Asia stocks edge up on optimism over global growth, dollar soft

26 Jun 2017 | 8:26 AM

* Ex-Japan Asian shares up 0.

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Japan's trade min: Takata bankruptcy filing was unavoidable

26 Jun 2017 | 8:22 AM

TOKYO, Jun 26 (Reuters) Japanese Trade Minister Hiroshige Seko said on Monday that Takata Corp's filing for bankruptcy was unavoidable given the severity of its product recalls.

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Nine dead after Colombia tourist boat sinks in reservoir

26 Jun 2017 | 7:35 AM

(RPTG, correcting slug) BOGOTA, Jun 26 (Reuters) Nine people died and 28 are missing after a multi-decked tourist boat carrying about 170 passengers sank in Colombia's Penol-Guatape reservoir during the long holiday weekend, a government official said.

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BOJ must communicate policy clearly to avoid stimulus-exit talk-June mtg summary

26 Jun 2017 | 6:41 AM

TOKYO, Jun 26 (Reuters) The Bank of Japan must communicate its policy intentions clearly to avoid improvements in the economy to trigger expectations of a near-term withdrawal of monetary stimulus, one board member was quoted as saying at the bank's June 15-16 rate review.

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Oil climbs on weaker dollar, but rise in U.S. drilling drags

26 Jun 2017 | 6:36 AM

By Jane Chung SEOUL, Jun 26 (Reuters) Oil prices rose early on Monday on a weaker dollar, but increased U.

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