Extreme heat in China played havoc with crops and power supplies on Wednesday despite lower temperatures in some regions, with authorities across the Yangtze river basin scrambling to limit the damage from climate change on crops and livestock.
Brazilian stocks will continue to climb in a calmer political atmosphere, while market participants wait for the outcome of October's presidential election and key economic indications, a Reuters survey showed.
(RTTNews) - The Indonesia stock market on Tuesday ended the two-day slide in which it had dropped almost 80 points or 1.2 percent. The Jakarta Composite Index now sits just above the 7,160-point plateau although it's likely to hand back those gains on Wednesday.
Gold held steady on Wednesday, with gains checked by an uptick in the U.S. dollar, as market participants looked forward to a speech from Federal Reserve Chair Jerome Powell later this week.
South Korea President Yoon Suk-yeol said on Wednesday volatility is increasing in financial and foreign exchange markets amid uncertainties over inflation and monetary tightening in major countries.
(RTTNews) - The Australian stock market is modestly higher on Wednesday, recouping some of the losses in the previous two sessions, with the benchmark S&P/ASX 200 again moving above the 7,000 mark, despite the broadly negative cues from global markets overnight, lifted by strengt
Shell and unions said on Tuesday they have reached a wage deal at the Prelude floating liquefied natural gas (FLNG) facility, clearing the way to end long-running industrial action and restart production at the site.
Chicago grains futures extended gains in early trade on Wednesday, as a tour of key growing areas in the Midwest raised concerns that the size of the U.S. corn and soybeans crop will fall below expectations.
Nebraska corn yield prospects and soybean pod counts are lower than last year and below their three-year averages, scouts on an annual tour of top U.S. production states found on Tuesday.
The Australian and New Zealand dollars were struggling to keep a rally alive on Wednesday as a fresh helping of hawkish Federal Reserve commentary offset soft economic news and lifted their U.S. counterpart.
Australian shares rose on Wednesday after two straight sessions of falls, with energy and mining stocks leading the recovery on firm commodity prices, while concerns over aggressive rate hikes and slowing growth across the globe checked risk appetite.
Oil prices fell on Wednesday, taking a breather from a nearly 4% surge the previous day on receding fears of an imminent output cut by the Organization of the Petroleum Exporting Countries and allies, a group known as OPEC+.
Twitter Inc is combining teams that work on reducing toxic content and spam bots, according to a staff memo on Tuesday seen by Reuters, amid accusations from a former executive that the company failed to do either job well.
U.S. Representative Charlie Crist, a former Republican governor of Florida, emerged on Tuesday as the Democrat who will try to unseat sitting Republican Governor Ron DeSantis in the November general election.
The New Zealand government said on Wednesday it had signed a indigenous collaboration arrangement with Canada to improve outcomes for indigenous peoples and enhance relationships between indigenous people in the two countries.