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METALS-Copper prices tick up, more China stimulus expected

19 hours ago NAMEX Comments Off on METALS-Copper prices tick up, more China stimulus expected
* GRAPHIC-2019 asset returns: tmsnrt.rs/2jvdmXl * LME aluminium stocks jump more than 75,000 tonnes * LME copper stocks at 5-month lows (Updates prices, adds zinc) By Pratima Desai LONDON, Nov 14 (Reuters) – Copper prices ticked up on Thursday as weak manufacturing and investment data from top consumer China encouraged expectations of further stimulus to Read More

Singapore fines UBS $8 million over deceptive bond trades

21 hours ago NAMEX Comments Off on Singapore fines UBS $8 million over deceptive bond trades
A man walks past a UBS logo projected on a screen in Singapore, January 14, 2019. REUTERS/Feline Lim SINGAPORE (Reuters) – Singapore said on Thursday it had fined UBS S$11.2 million ($8 million) after investigations showed the Swiss bank deceived wealthy clients over prices for bonds and structured products. The Monetary Authority of Singapore (MAS) Read More

Oil gains on U.S. crude stocks fall, OPEC comments on slower U.S. shale growth

24 hours ago NAMEX Comments Off on Oil gains on U.S. crude stocks fall, OPEC comments on slower U.S. shale growth
SINGAPORE (Reuters) – Oil rose on Thursday after industry data showed a surprise drop in U.S. crude inventories, while comments from an OPEC official about lower-than-expected U.S. shale production growth in 2020 also provided some support. FILE PHOTO: An oil pump is seen just after sunset outside Saint-Fiacre, near Paris, France September 17, 2019. REUTERS/Christian Read More

S. Korea, US could scale back joint drills – Pentagon chief

24 hours ago NAMEX Comments Off on S. Korea, US could scale back joint drills – Pentagon chief
US military exercises with South Korea could be scaled back to aid diplomacy with the nuclear-armed North, Defense Secretary Mark Esper has signaled. The statement came after Pyongyang said it was running out of patience, AFP said. The North has long protested joint military drills, which it condemns as preparations for invasion, and has set Read More

SBM Offshore Third Quarter Trading Update

1 day ago NAMEX Comments Off on SBM Offshore Third Quarter Trading Update
November 14, 2019 Highlights Increase in full year Directional1 EBITDA guidance to around US$800 million Increase in full year Directional Revenue guidance to around US$2.1 billion Year-to-date Directional revenue at US$1,470 million Projects progressing in line with clients’ schedules Third Fast4Ward® hull allocated to ExxonMobil Payara development Directional Net Debt of US$3.1 billion at end Read More

Bahrain LNG terminal to start operations by year-end – Teekay

1 day ago NAMEX Comments Off on Bahrain LNG terminal to start operations by year-end – Teekay
* Start-up delayed at least twice * “Good progress” made on the terminal – CEO By Jessica Jaganathan SINGAPORE, Nov 14 (Reuters) – Bahrain’s first liquefied natural gas (LNG) regasification terminal is now expected to start operations by year-end, Teekay LNG Partners said in its quarterly financial results, later than initially expected. The start-up of Read More

REFILE-GLOBAL MARKETS-Asian stocks retreat as China’s growth slowdown deepens

1 day ago NAMEX Comments Off on REFILE-GLOBAL MARKETS-Asian stocks retreat as China’s growth slowdown deepens
TOKYO/SINGAPORE (Reuters) – Asian stocks fell on Thursday after soft Chinese economic data showed the trade war between Beijing and Washington hitting growth in the world’s second-largest economy. Passersby are reflected on a stock quotation board outside a brokerage in Tokyo, Japan, August 6, 2019. REUTERS/Issei Kato MSCI’s broadest index of Asia-Pacific shares outside Japan, Read More

Indonesia waiting on major global aviation regulators for return of 737 MAX: official

2 days ago NAMEX Comments Off on Indonesia waiting on major global aviation regulators for return of 737 MAX: official
FILE PHOTO: An aerial photo shows Boeing 737 MAX aircraft at Boeing facilities at the Grant County International Airport in Moses Lake, Washington, September 16, 2019. REUTERS/Lindsey Wasson/File Photo JAKARTA (Reuters) – Indonesia will not approve the return of the Boeing Co (BA.N) 737 MAX to its skies until after aviation regulators in the United Read More

UPDATE 1-Indonesia waiting on major global aviation regulators for return of 737 MAX – official

2 days ago NAMEX Comments Off on UPDATE 1-Indonesia waiting on major global aviation regulators for return of 737 MAX – official
FILE PHOTO: An aerial photo shows Boeing 737 MAX aircraft at Boeing facilities at the Grant County International Airport in Moses Lake, Washington, September 16, 2019. REUTERS/Lindsey Wasson/File Photo JAKARTA (Reuters) – Indonesia will not approve the return of the Boeing Co (BA.N) 737 MAX to its skies until after aviation regulators in the United Read More

UPDATE 1-Hong Kong readies for more chaos as violence spreads citywide

2 days ago NAMEX Comments Off on UPDATE 1-Hong Kong readies for more chaos as violence spreads citywide
HONG KONG (Reuters) – Hong Kong prepared for more clashes on Wednesday as anti-government protesters paralyzed parts of the Asian financial hub for a third day, with some transport links, schools and many businesses closing after an escalation of violence. Anti-government protesters gather at the Chinese University of Hong Kong campus in Hong Kong, China, Read More