By Kirsty Needham
SYDNEY (Reuters) - A thousand police arrived in New Caledonia from France and street clashes had calmed, the French High Commission said on Monday, but Australia and New Zealand were unable to send in evacuation flights for tourists stranded on the Pacific island.
Australia's Prime Minister Anthony Albanese said "the situation there is deeply concerning", as damage to roads and blockades prevented access to the airport... (continue reading...)
(Reuters) - Activist investor Elliott Investment Management has built a position worth over $1 billion in Johnson Controls International Plc, Bloomberg News reported on Sunday.
The Bloomberg report also said that Elliott's intentions behind the stake in the building solutions provider couldn't immediately be learned.
Elliott and Johnson Controls didn't immediately respond to a Reuters request for comment. The investor's move follows... (continue reading...)
By Colleen Howe
BEIJING (Reuters) - Oil prices rose in early Asian trading on Monday, adding to last week's gains as rescuers searched for Iran's president after a helicopter crash in the oil-producing nation and after the U.S. bought crude to help refill the national stockpile.
Brent rose 26 cents, or 0.3% to $84.24 a barrel by 0049 GMT. U.S. West Texas Intermediate crude (WTI) gained 15 cents, or 0.2% to $80.21 a barrel.
... (continue reading...)By Anant Chandak
BENGALURU (Reuters) - Indonesia's central bank will keep its key interest rate on hold through next quarter to support a weak rupiah and only a slim majority expect a Q4 cut which would be after the likely start of policy easing in the United States, a Reuters poll found.
Bank Indonesia (BI) unexpectedly raised its seven-day reverse repurchase rate to 6.25% last month - the highest since it made the instrument its main... (continue reading...)
SHANGHAI/SINGAPORE (Reuters) - China left benchmark lending rates unchanged at a monthly fixing on Monday, in line with market expectations.
WHY IT'S IMPORTANT
The steady monthly LPR fixings come after China announced "historic" steps last week to stabilise its crisis-hit property sector, with the central bank facilitating 1 trillion yuan in extra funding and easing mortgage rules, in an attempt to revive housing demand.
The... (continue reading...)
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