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Australian shares hit record high as Fed cuts rate; local jobs data in focus

Australian shares hit record high as Fed cuts rate; local jobs data in focus Sept 19 (Reuters) - Australian shares inched higher to a fresh record high on Thursday with miners leading gains as investors cheered on the Federal Reserve's 50 basis-point interest rate reduction, while also monitoring the local jobs data due later in the day. The S&P/ASX 200 index .AXJO inched higher by 0.3% to 8,168.7 points at 1236 GMT, beating its previous record high of 8,153.50 points from Wednesday.
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Australian shares end off record high ahead of Fed rate decision

Australian shares end off record high ahead of Fed rate decision ASX 200 ends flat after touching fresh record high Fed Policy decision due at 1800 GMT Australia's August labour market data due Thursday Updates to close By Himanshi Akhand Sept 18 (Reuters) - Australian shares ended flat on Wednesday after hitting a record high, as a fall in miners offset gains in financials, while investors assessed the odds of a likely super-sized rate cut by the Federal Reserve.
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UK Stocks-Factors to watch on Sept 18

UPDATE 1-UK Stocks-Factors to watch on Sept 18 Adds news items and updates futures Sept 18 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening lower on Wednesday, with futures FFIc1 down 0.2%. * LEGAL & GENERAL: Legal & General LGEN.L has agreed to sell its UK housebuilder CALA Group in a deal worth 1.35 billion pounds ($1.78 billion) to an acquisition vehicle led by U.S.
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Australian shares climb to record high ahead of Fed verdict

Australian shares climb to record high ahead of Fed verdict Sept 18 (Reuters) - Australian shares climbed to a record high on Wednesday, buoyed by financials and commodity stocks ahead of a policy meeting where the U.S. Federal Reserve is expected to cut its interest rates for the first time in more than four years. The S&P/ASX 200 index .AXJO was up 0.1% at 8,151.4 points, as of 1245 GMT, surpassing the previous all-time high of 8150.5 points climbed on Tuesday.
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Rio Tinto Launches Biofuel Crop Farming Trial For Renewable Diesel Production In Australia

BRIEF-Rio Tinto Launches Biofuel Crop Farming Trial For Renewable Diesel Production In Australia Sept 18 (Reuters) - Rio Tinto Ltd RIO.AX : LAUNCHES BIOFUEL CROP FARMING TRIAL FOR RENEWABLE DIESEL PRODUCTION IN AUSTRALIA Further company coverage: RIO.AX
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Rio Tinto launches farming trial in Australia to explore renewable diesel production

UPDATE 1-Rio Tinto launches farming trial in Australia to explore renewable diesel production Adds details, background from paragraph 2 onwards Sept 18 (Reuters) - Mining giant Rio Tinto RIO.AX said on Wednesday it will develop seed farms in Australia to explore the potential of Pongamia seed oil as a feedstock for renewable diesel. The miner has partnered with local woodfiber processor manager Midway MWY.AX to oversee the planting and management of the farms.
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Rio Tinto launches farming trial in Australia to explore renewable diesel production

Rio Tinto launches farming trial in Australia to explore renewable diesel production Sept 18 (Reuters) - Mining giant Rio Tinto RIO.AX said on Wednesday it will develop seed farms in Australia to explore the potential of Pongamia seed oil as a feedstock for renewable diesel. Reporting by Aaditya Govind Rao in Bengaluru; Editing by Krishna Chandra E
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Australian shares hit record high as Fed rate cut nears

CORRECTED-Australian shares hit record high as Fed rate cut nears Corrects paragraph 5 to say the Australia jobs report is due on Thursday, not Friday Sept 17 (Reuters) - Australian shares hit a record high on Tuesday, as expectations grew that the U.S. Federal Reserve could deliver a outsized rate cut this week. The S&P/ASX 200 index .AXJO rose as much 0.3% to 8,148.8, as of 0110 GMT, surpassing the previous all-time high of 8,148.7 scaled on Aug.
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Aussie shares just shy of record high at close; Fed decision awaited

Aussie shares just shy of record high at close; Fed decision awaited ASX benchmark gains for third straight day Benchmark briefly nears record high NZ50 down over 1% By Roshan Thomas Sept 16 (Reuters) - Australian shares ended higher on Monday and briefly neared their all-time high during trade, helped by strong gains in the banking sector, with investors globally waiting for the U.S.
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Arizona's battle over crucial copper mine poised to sway US election

ANALYSIS-Arizona's battle over crucial copper mine poised to sway US election Mine would supply over a quarter of US copper needs Strong Native American, environmental group opposition Supreme Court appeal filed to block mine access 2024 presidential election outcome could determine mine's future Arizona is one of a few states likely to decide the election Adds Trump campaign comment in paragraphs 15, 16 By Ernest Scheyder Sept 12 (Reuters) - Native American opposition to Rio Tinto RIO.L RIO.AX
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Metals-rich Kazakhstan seeks niche in battery supply chain

CORRECTED-Metals-rich Kazakhstan seeks niche in battery supply chain In Sept 13 story, corrects minister's surname throughout to Sharlapaev from Sharlapayev Industry minister says country is reliable supplier Aims to capture 10% of market for manganese sulphate Also looking at processing lithium iron phosphate Country is in Russia-led blocs, but neutral on Ukraine war By Olzhas Auyezov and Eric Onstad ALMATY, Sept 13 (Reuters) - Kazakhstan aims to boost output of metals needed for electric vehic
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Australian shares set for weekly gain on commodities boost; Fed meeting on tap

Australian shares set for weekly gain on commodities boost; Fed meeting on tap Sept 13 (Reuters) - Australian shares rose on Friday and were set for a weekly gain, as commodity stocks advanced on strong prices for gold, oil and iron ore, while investors globally looked forward to the U.S. Federal Reserve policy meeting scheduled next week. The S&P/ASX 200 index .AXJO rose 0.8% to 8,134.5 by 1230 GMT to linger near a record high, and was set for a 1.5% weekly gain.
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Australian miners eye best week in over a year on upbeat metals prices

BUZZ-Australian miners eye best week in over a year on upbeat metals prices ** Australian mining stocks .AXMM up as much as 2.1% to their highest level since Sept. 3 ** For the week, the sub-index is up 4.5%, on track for its best week since July 14, 2023 ** Sub-index on track for third straight session of gains, if current trend holds ** Iron ore
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First Quantum expects feasibility studies for Peru mine by 2028, manager says

UPDATE 1-First Quantum expects feasibility studies for Peru mine by 2028, manager says Adds quotes from First Quantum official, context LIMA, Sept 12 (Reuters) - Canadian miner First Quantum Minerals FM.TO expects updated drilling results for its Peru copper project La Granja in the second half of next year, and feasibility studies by 2028, project development manager Steven Lewis said on Thursday.
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Arizona's battle over crucial copper mine poised to sway US election

ANALYSIS-Arizona's battle over crucial copper mine poised to sway US election Mine would supply over a quarter of US copper needs Strong Native American, environmental group opposition Supreme Court appeal filed to block mine access 2024 presidential election outcome could determine mine's future Arizona is one of a few states likely to decide the election By Ernest Scheyder Sept 12 (Reuters) - Native American opposition to Rio Tinto RIO.L RIO.AX and BHP's BHP.AX Resolution Copper mine could pro
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UK Stocks-Factors to watch on Sept 12

UPDATE 1-UK Stocks-Factors to watch on Sept 12 Adds news items, updates futures Sept 12 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Thursday, with futures FFIc1 up 1.2%. * GSK: British drugmaker GSK GSK.L announced positive results from its mid-stage trial of its seasonal influenza vaccine programme using the messenger RNA (mRNA) technology, saying it would now progress to late-stage clinical development.
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UK Stocks-Factors to watch on Sept 12

UK Stocks-Factors to watch on Sept 12 Sept 12 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Thursday, with futures FFIc1 up 1.03%. * RIO TINTO: A Native American group on Wednesday asked the U.S. Supreme Court to block Rio Tinto RIO.L and BHP BHP.AX from gaining access to Arizona land needed to build one of the world's largest copper mines.
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Australian shares climb as energy stocks, banks shine

Australian shares climb as energy stocks, banks shine Sept 12 (Reuters) - Australian shares traded higher on Thursday, as financials and energy stocks led the gains, while investors digested the latest U.S. inflation print and assessed its impact on the global interest rates outlook. The S&P/ASX 200 index .AXJO was up 0.6% at 8,035.1 points, as of 1236 GMT.
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Indigenous group takes fight against Rio Tinto Arizona copper mine to US Supreme Court

UPDATE 1-Indigenous group takes fight against Rio Tinto Arizona copper mine to US Supreme Court New throughout, adds details, background, reaction from Rio and Becket By Ernest Scheyder Sept 11 (Reuters) - A Native American group on Wednesday asked the U.S. Supreme Court to block Rio Tinto RIO.AX and BHP BHP.AX from gaining access to Arizona land needed to build o ne of the world's largest copper mines , a last-ditch legal move in a long-running case pitting religious rights against the energy t
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Indigenous group asks US Supreme Court to block Rio Tinto's Arizona copper project

Indigenous group asks US Supreme Court to block Rio Tinto's Arizona copper project Sept 11 (Reuters) - A Native American group on Wednesday asked the U.S. Supreme Court to block Rio Tinto RIO.AX and BHP BHP.AX from gaining access to Arizona land needed to build a massive copper mine, a last-ditch legal effort in a long-running case that pits religious and cultural rights against the energy transition.
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