By Trixie Yap and Laura Sanicola (Reuters) -Oil prices slipped 1% in early Asian trade on Tuesday, after falling to a three-week low in the previous session, on a stronger U.S. dollar, rising U.S. bond yields and mixed supply signals. Brent futures for December delivery declined 92 cents, or 1.01%, to $89.79 a barrel by …
Oil falls 1% on strong US dollar, mixed supply cues Read More »
By Ankur Banerjee SINGAPORE (Reuters) – Asian shares fell on Tuesday after Federal Reserve officials cemented the view that U.S. interest rates are likely to remain elevated for some time, while the yen slid to near a one-year low, putting traders on watch for intervention from Japanese authorities. MSCI’s broadest index of Asia-Pacific shares outside …
By Brigid Riley TOKYO (Reuters) – The dollar held on to fresh highs on Tuesday, pushing the yen down closer to an intervention zone, after strong U.S. economic data bolstered the view that the Federal Reserve will keep interest rates higher for longer. The euro also hit over a one-year low against the greenback, dropping …
Dollar hits new high on upbeat data, yen teeters near intervention line Read More »
By Tarek Amara TUNIS (Reuters) – Tunisian President Kais Saied on Monday rejected financial support announced by the European Union in September, saying the amount is small and goes against a deal signed three months ago. Saied’s move could undermine the “strategic partnership” from July that includes measures on combating human traffickers and tightening borders, …
Tunisia rejects EU financial aid, casting doubt on an immigration deal Read More »
By Arlette Bashizi GOMA, Democratic Republic of Congo (Reuters) – A Congolese colonel has been found guilty of murder and other crimes related to the August killing of 56 people during an army crackdown on anti-U.N. demonstrations in the eastern Democratic Republic of Congo, a local court said on Monday. Colonel Mike Mikombe, who was …
Congo colonel found guilty of murder for role in Goma massacre in Aug Read More »
ABUJA (Reuters) -Nigeria’s biggest labour federations on Monday said they were suspending an indefinite strike that was set to begin on Tuesday after last minute talks with President Bola Tinubu’s government, which had warned that the action could damage the economy. Tinubu is under pressure to ease economic hardships after he scrapped a decades-old petrol …
Nigeria’s labour unions suspend indefinite strike Read More »
By Tonderai Gonorenda and Nyasha Chingono CHEGUTU, Zimbabwe (Reuters) – Zimbabwean authorities were still searching on Monday for survivors trapped underground when a disused gold mine collapsed last week, as some relatives started to lose hope their loved ones could be saved. Accidents in disused mines are common in Zimbabwe, where artisanal or small-scale miners …
Zimbabwe searches for mine survivors as relatives lose hope Read More »
By Sinéad Carew NEW YORK (Reuters) – MSCI’s global index of stocks kicked off fourth-quarter trading with a decline as U.S. Treasury yields and the dollar rose while investors worried that rates would stay higher for longer. While a short-term spending deal averted a partial U.S. government shutdown, the news failed to raise much enthusiasm …
Global stock index dips while bond yields, dollar climb Read More »
By Muhammad Al Gebaly and Farah Saafan CAIRO (Reuters) -Egyptian President Abdel Fattah al-Sisi confirmed on Monday that he will stand for a third term in office in an election in December, as opposition parties complained that people trying to register support for other candidates had faced obstacles. “Just as I responded to the call …
Sisi confirms candidacy for Egypt poll, opposition report obstacles Read More »
By Chuck Mikolajczak and Herbert Lash NEW YORK (Reuters) -The dollar index climbed on Monday, building on four straight weeks of gains, after the U.S. government avoided a shutdown and economic data again supported the view that the Federal Reserve will keep interest rates higher for a longer period of time. U.S. manufacturing took a …
Dollar climbs to near 150 vs yen after U.S. shutdown avoided Read More »
