Thursday, Jun 29 2017 | Time 00:56 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

Japan shares drop as techs underperform; small caps hit hard

28 Jun 2017 | 12:21 PM

(Rptng, removing garble from headline) * Tech shares fall on weak Nasdaq performance * Banks gain on rise in global bond yields * Investors cautious after US Senate delays health bill vote By Hideyuki Sano and Ayai Tomisawa TOKYO, Jun 28 (Reuters) Japanese stocks wobbled on Wednesday as tech shares followed their US counterparts down and as souring sentiment battered small caps, while large cap bank shares benefited from a rise in global bond yields.

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SKorean won, stocks slump on foreigners' eager stock-selling

28 Jun 2017 | 12:18 PM

SEOUL, Jun 28 (Reuters) The South Korean won slipped to a one-week closing low on Wednesday and shares edged down as offshore investors accelerated stock-selling on broad risk-off sentiment.

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Philips to buy US Spectranetics in 1.9 bln euros deal

28 Jun 2017 | 11:55 AM

AMSTERDAM, Jun 28 (Reuters) Philips, the Dutch medical equipment maker, said on Wednesday it will acquire US-based Spectranetics Corp for 1.

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London copper dips from near three-month top

28 Jun 2017 | 11:52 AM

By Melanie Burton MELBOURNE, Jun 28 (Reuters) London copper eased on Wednesday from near three-month highs hit the previous session, as prices consolidated after rising alongside a weaker dollar, with a tighter supply side underpinning gains.

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Turkish forces return fire against Kurdish YPG militia in Syria - military

28 Jun 2017 | 11:15 AM

ISTANBUL, Jun 28 (Reuters) Turkish forces retaliated with artillery fire overnight and destroyed Kurdish YPG militia targets after YPG fighters opened fire on Turkey-backed forces in northern Syria, the Turkish military said today.

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Philippines says death toll in rebel-held town could rise 'significantly'

28 Jun 2017 | 11:13 AM

By Neil Jerome Morales and Kanupriya Kapoor MANILA/MARAWI CITY, Philippines, Jun 28 (Reuters) The Philippine military said today it was likely that large numbers of civilians had been killed during the five-week occupation of a southern town by Islamist rebels, due to "atrocities" by the militants allied with Islamic State.

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China's Hony Capital targets food outlets expansion, starting in UK

28 Jun 2017 | 11:12 AM

* Hony to expand global food network to over 10,000 in 10 years * To build F&B business through Best Food & PizzaExpress * Some Best Food's brands eye expanding into UK By Julie Zhu and Donny Kwok HONG KONG, Jun 28 (Reuters) PizzaExpress owner Hony Capital, one of China's biggest private equity firms, said it aims to boost its global network of retail food outlets to more than 10,000 over the next decade from about 850 now in a bid to be a top world food and beverages player.

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China launches new class of naval destroyer

28 Jun 2017 | 11:04 AM

BEIJING, Jun 28 (Reuters) China's military today launched a new type of domestically-built destroyer, state media said, the latest addition to the country's rapidly expanding navy.

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Facing revolt on healthcare bill, US Senate Republicans delay vote

28 Jun 2017 | 11:01 AM

By Susan Cornwell and Richard Cowan WASHINGTON, Jun 27 (Reuters) US Senate Republican leaders postponed a vote on a healthcare overhaul after resistance from members of their own party, and President Donald Trump summoned Republican senators to the White House to urge them to break the impasse.

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Euro gets boost from Draghi, delayed US Senate vote dents dollar

28 Jun 2017 | 10:48 AM

* Euro hits fresh 10-month high after Draghi's upbeat comments * ECB chief opens door to policy tweak as economy recovers * Vote on US healthcare legislation delayed * Dollar index touches its lowest in more than 7 months By Masayuki Kitano SINGAPORE, Jun 28 (Reuters) The euro hit a 10-month high on Wednesday after the European Central Bank chief hinted the days of the ECB's aggressive stimulus are numbered, and as the dollar was pressured after a vote on US healthcare legislation was delayed.

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Thailand seeks US cooperation following trafficking report

28 Jun 2017 | 10:47 AM

BANGKOK, Jun 28 (Reuters) Thailand today defended its efforts to stop human trafficking after the United States kept it on a trafficking watch list and urged US officials to visit the country and see first hand its efforts.

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Fall as Wall St hit by US healthcare vote delay

28 Jun 2017 | 10:46 AM

By Nicole Pinto Undated, Jun 28 (Reuters) Southeast Asian stock markets fell on Wednesday, tracking broader Asia and Wall Street after a vote on U.

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Fresh economic sanctions on Qatar being considered - UAE envoy

28 Jun 2017 | 10:42 AM

DUBAI, Jun 28 (Reuters) Gulf Arab states are considering fresh sanctions on Qatar and could ask their trading partners to choose between working with them or Doha, the United Arab Emirates ambassador to Russia said in an interview with The Guardian newspaper.

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Merkel's conservatives at highest support since September 2015 - poll

28 Jun 2017 | 10:38 AM

BERLIN, Jun 28 (Reuters) German Chancellor Angela Merkel's conservatives expanded their support to 40 per cent - the highest level since September 2015 - in a poll conducted by the Forsa institute for Germany's Stern magazine and broadcaster RTL.

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Helicopter attacks Venezuela court, Maduro denounces coup bid

28 Jun 2017 | 10:32 AM

* Venezuelan police helicopter fires on Supreme Court, ministry * Maduro calls incident "a terrorist attack" * Socialist leader has faced three months of protests * Demonstrators seek elections, relief from economic crisis By Silene Ramírez and Eyanir Chinea CARACAS, Jun 28 (Reuters) A Venezuelan police helicopter strafed the Supreme Court and a government ministry, escalating the OPEC nation's political crisis in what President Nicolas Maduro called an attack by "terrorists" seeking a coup.

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China's yuan extends gains on firmer fixing and state bank support

28 Jun 2017 | 10:28 AM

SHANGHAI, Jun 28 (Reuters) China's yuan on Wednesday extended the previous day's gain against the US dollar, which traders attributed to a significantly firmer midpoint setting and support from major state-owned banks.

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Nepal votes in second round of crucial local election

28 Jun 2017 | 10:28 AM

By Gopal Sharma KATHMANDU, Jun 28 (Reuters) Nepalis began voting in the second round of local elections today, a key step towards holding a general election later this year that would complete a near decade-long democratic transition after the abolition of its monarchy.

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US says needs to work together with China on NKorea, trade

US says needs to work together with China on NKorea, trade

28 Jun 2017 | 10:17 AM

BEIJING, Jun 28 (Reuters) Newly appointed US Ambassador to China Terry Branstad said today there is a need to work together with China on some pressing issues, such as North Korea and expanding trade.

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Wheat prices firm on fears dry weather could damage crops

28 Jun 2017 | 10:05 AM

* Wheat extends two-day gains to more than 1 pct * USDA pegs condition of crop below market expectations * Corn edges higher, soybean prices firm By Colin Packham SYDNEY, Jun 28 (Reuters) US wheat edged up on Wednesday to extend two-day gains to more than 1 percent, with concerns that dry weather would hit crops in key producing regions.

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Australia, NZ dollars erode against euro, gain on greenback

28 Jun 2017 | 10:03 AM

By Swati Pandey and Charlotte Greenfield SYDNEY/WELLINGTON, Jun 28 (Reuters) The Australian dollar stood near three-week lows on Wednesday versus a euro hoisted up by remarks from European Central Bank Governor Mario Draghi, which were seen as signalling a change in its super-easy policy stance.

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Asia stocks pressured as Wall St hit by healthcare vote delay

28 Jun 2017 | 10:01 AM

* Vote on US healthcare reform delayed until next month * Euro soars after Draghi says ECB could adjust policy tools * Crude oil futures steady after their overnight surge By Lisa Twaronite TOKYO, Jun 28 (Reuters) Asian shares slumped on Wednesday after Wall Street was knocked hard in the wake of a delay to a US healthcare reform vote, while the euro rallied after European Central Bank President Mario Draghi hinted that the ECB could trim its stimulus this year.

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Australia shares rise on higher commodity prices; NZ flat

28 Jun 2017 | 10:00 AM

By Sindhu Chandrasekaran Undated, Jun 28 (Reuters) Australian shares recouped early losses to trade higher on Wednesday with miners among the biggest gainers following a rise in commodity prices.

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China iron ore rallies again as investors' appetite for steel returns

28 Jun 2017 | 9:59 AM

BEIJING, Jun 28 (Reuters) China's iron ore rallied more than 3 percent on Wednesday, hitting its highest in a month and extending recent gains as investors piled into the market ahead of the quarter end and on a revival in appetite for bulk commodities.

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China economy improves in Q2 but deleveraging poses risks - private survey

28 Jun 2017 | 9:57 AM

* Chinese firms say revenue, hiring improved in Q2 - survey * But inventories hit highest level on record * Companies still borrowing despite higher rates * But there are signs of tougher times ahead for businesses BEIJING, Jun 28 (Reuters) China's economy continued to improve in the second quarter, with corporate profits rising and hiring up, a private survey showed, but it suggested the Asian giant may have to brace for tougher times ahead even though firms have been able to weather a tighter financing environment.

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China sets yuan midpoint at strongest level since June 19

China sets yuan midpoint at strongest level since June 19

28 Jun 2017 | 9:56 AM

SHANGHAI, Jun 28 (Reuters) China's central bank set the yuan midpoint at 6 point 8053 per dollar on Wednesday, lifting it 239 pips from the previous day's fixing to its strongest level since June 19.

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Trump to nominate Textron executive for Pentagon acquisition post

Trump to nominate Textron executive for Pentagon acquisition post

28 Jun 2017 | 9:51 AM

WASHINGTON, Jun 28 (Reuters) US President Donald Trump intends to nominate Textron Systems Chief Executive Ellen Lord for the position of under secretary of defense for acquisition, technology and logistics, the White House said in a statement.

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Helicopter attacks Venezuela court, Maduro denounces coup bid

28 Jun 2017 | 9:32 AM

* Venezuelan police helicopter fires on Supreme Court, ministry * Maduro calls incident "a terrorist attack" * Socialist leader has faced three months of protests * Demonstrators seek elections, relief from economic crisis By Silene Ramírez and Eyanir Chinea CARACAS, Jun 28 (Reuters) A Venezuelan police helicopter strafed the Supreme Court and a government ministry, escalating the OPEC nation's political crisis in what President Nicolas Maduro called an attack by "terrorists" seeking a coup.

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HK's second board hits fresh low amid market jitters

28 Jun 2017 | 9:17 AM

HONG KONG, Jun 28 (Reuters) Hong Kong's second board hit a fresh record low on Wednesday, with shares of penny stocks plunging as investors raced to reduce their exposure to the highly volatile market.

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US prosecutors seek to halt pretrial release of Uzbek terror suspect

28 Jun 2017 | 9:17 AM

By Keith Coffman DENVER, Jun 27 (Reuters) Federal prosecutors appealed against a US judge's order allowing the release of a Colorado man held for more than five years while awaiting trial on charges of providing support to a suspected Islamist group in his native Uzbekistan.

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US says hopes China will approve more GMO corn for import

28 Jun 2017 | 9:16 AM

BEIJING, Jun 28 (Reuters) The United States hopes that more varieties of its genetically modified corn will be approved for import by Beijing, the US ambassador to China said on Wednesday.

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