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South Korea's Lee urges prompt passage of $17 bln extra budget amid Middle East energy crisis
SEOUL, April 2 (Reuters) - South Korean President Lee Jae Myung on Thursday urged parliament to promptly pass a 26.2 trillion won ($17.3 billion) supplementary budget to shore up the economy amid "the worst energy security threat" posed by the Middle East crisis."Even if the war ends tom...Reuters
25 minutes ago
South Korea's Lee urges prompt passage of $17 bln extra budget amid Middle East energy crisis
SEOUL, April 2 (Reuters) - South Korean President Lee Jae Myung on Thursday urged parliament to promptly pass a 26.2 trillion won ($17.3 billion) supplementary budget to shore up the economy amid "the worst energy security threat" posed by the Middle East crisis.($1 = 1,521.6000 won)Reuters
39 minutes ago
PRECIOUS-Gold prices retreat as Trump threatens further attacks on Iran
Trump vows to strike Iran "extremely hard" over next few weeksGold slips after gaining for previous four sessionsSilver slips more than 5%US dollar advances; Brent surges over 6%By Anmol Choubey and Pablo Sinha April 2 (Reuters) - Gold retreated from two-week highs on Thursday after ...Reuters
48 minutes ago
Russia shoots down Ukrainian drones near oil refineries in Ufa, official says
MOSCOW, April 2 (Reuters) - Several Ukrainian drones were shot down close to oil refineries in the Russian city of Ufa, the largest in Bashkortostan, while debris of one of them fell in an industrial area, the local governor said. Another drone struck a residential building, no one was injured, Bash...Reuters
56 minutes ago
PRESS DIGEST -Wall Street Journal - April 2
April 2 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.- U.S. President Donald Trump's administration is preparing to reshape its steel and aluminum tariff regime, altering duties on finished ...Reuters
an hour ago
WTI Price Forecast: Looks to build on gains beyond $100 on fading de-escalation hopes
West Texas Intermediate (WTI) Crude Oil prices caught aggressive bids on Thursday and rallied closer to the 100.00 psychological mark during the Asian session following US President Donald Trump's Iran war update.Fxstreet
an hour ago
Oil jumps over 5% after Trump says U.S. to keep up attacks on Iran
SINGAPORE, April 2 (Reuters) - Oil prices climbed more than $5 on Thursday, as President Donald Trump said the United States would keep up attacks on Iran without committing to a specific timeline to end the war, fanning investor fears about sustained disruptions to supply.Brent crude futures LCOc1...Reuters
2 hours ago
Gold retreats sharply from two-week top/$4,800 as Trump’s Iran comments boost USD
Gold (XAU/USD) witnessed an intraday turnaround from the $4,800 mark, or a fresh two-week high set earlier this Thursday, and for now, seems to have snapped a four-day winning streak amid resurgent US Dollar (USD) demand.Fxstreet
2 hours ago
Missile intercepted near KEZAD in Abu Dhabi, minor damage reported, media office says
April 2 (Reuters) - Authorities in Abu Dhabi responded to an incident near Khalifa Economic Zones Abu Dhabi (KEZAD) after air defence systems intercepted a missile, the Abu Dhabi Media Office said on Thursday, adding that there was minor damage and no injuries.Reuters
2 hours ago
Takeaways from Trump's speech on Iran
By Matt Spetalnick and Humeyra PamukWASHINGTON, April 1 (Reuters) - President Donald Trump staunchly defended his handling of the month-old U.S.-Israeli war on Iran in a prime-time address on Wednesday, saying the U.S. military was nearing completion of its mission while also reinforcing his threats...Reuters
3 hours ago
South Korea expects to boost U.S. oil imports as Middle East war disrupts supply, Yonhap says
SEOUL, April 2 (Reuters) - A South Korean trade official said on Thursday the United States accounts for the largest share of replacements for disrupted supplies of crude oil from the Middle East, the Yonhap news agency reported. The proportion of U.S. oil imports, which stood at 16.3% of South Kore...Reuters
3 hours ago
Australia to offer businesses $693 million in cheap loans to ease fuel cost pressure
By Renju Jose SYDNEY, April 2 (Reuters) - Australia will provide up to A$1 billion ($693 million) in interest-free loans to critical businesses, including transport operators and fertiliser producers, Prime Minister Anthony Albanese said on Thursday, as they struggle with surging fuel costs.The s...Reuters
3 hours ago
VEGOILS-Palm rises on stronger crude, Chicago soyoil
KUALA LUMPUR, April 2 (Reuters) - Malaysian palm oil futures edged higher on Thursday, recovering from the previous session's losses, on the back of stronger crude oil prices and Chicago soyoil, though weaker rival Dalians capped the gains. The benchmark palm oil contract FCPOc3 for June delive...Reuters
3 hours ago
Takeaways from Trump's speech on Iran
By Matt Spetalnick and Humeyra PamukWASHINGTON, April 1 (Reuters) - President Donald Trump staunchly defended his handling of the month-old, U.S.-Israeli war on Iran in a prime-time address on Wednesday, saying the U.S. military was nearing completion of its mission while also reinforcing his threat...Reuters
3 hours ago
METALS-Copper dips as oil rallies after Trump flags more Iran attacks
SINGAPORE, April 2 (Reuters) - Copper prices fell for the first time in five sessions on Thursday, weighed down by renewed concerns over economic growth after U.S. President Donald Trump failed to provide a clear outline on ending the Iran war.The benchmark three-month copper on the London Metal Exc...Reuters
4 hours ago
Colonial Pipeline reopens key US gasoline route to East Coast after Georgia incident
By Anmol Choubey and Shariq Khan April 1 (Reuters) - Colonial Pipeline said on Wednesday it has completed repairs on Line 1, the main gasoline route from the U.S. Gulf Coast to East Coast markets, and restored service after third-party damage in Paulding County, Georgia. The pipeline was dam...Reuters
4 hours ago
GRAINS-Chicago soybean, grain futures rise after Trump vows to keep up Iran attacks
BEIJING, April 2 (Reuters) - Chicago Board of Trade corn, wheat, and soybean futures rose on Thursday following U.S. President Donald Trump's televised address, in which he said that the war with Iran would soon end, without committing to a timeline.Trump said on Wednesday night that the U.S. wi...Reuters
4 hours ago
DHS cancels policy requiring secretary to review contracts over $100,000
By Jasper Ward WASHINGTON, April 1 (Reuters) - U.S. Homeland Security Secretary Markwayne Mullin on Wednesday rescinded a policy requiring the secretary to approve contracts over $100,000, the Department of Homeland Security said.The news followed a re-evaluation of the department's contract ...Reuters
4 hours ago
