Edition:
India

Colin Packham

Australian intelligence agency wants more resources to counter foreign interference

17 Oct 2019

SYDNEY Australia's national intelligence agency said in a report this week that it does not have enough resources to collect intelligence on foreign agents and their efforts to interfere.

UPDATE 2-Senior Australian minister says China is behaving badly, draws rebuke

12 Oct 2019

SYDNEY, Oct 12 A senior Australian government minister said on Friday China was behaving in a way that was inconsistent with Australian values by targeting political parties and universities in Australia, drawing a sharp rebuke from China's embassy.

Senior Australian minister says China is behaving badly and we won't stand for it

11 Oct 2019

SYDNEY, Oct 11 China is behaving in a way that is inconsistent with Australian values by targeting political parties and universities in Australia, a senior government minister said on Friday in comments that threaten to further inflame bilateral tensions.

U.S. tariffs on China are working, says U.S. Secretary of Commerce

10 Oct 2019

SYDNEY Tariffs are forcing China to pay attention to U.S. concerns, Secretary of Commerce Wilbur Ross said in Sydney on Thursday.

Australian PM echoes Trump with call to reject globalism

03 Oct 2019

SYDNEY Australia should reject "unaccountable internationalist bureaucracy", Prime Minister Scott Morrison said on Thursday, echoing a recent call by U.S. President Donald Trump for nations to embrace nationalism.

Hackers targeted personal data held at top Australian university: report

03 Oct 2019

SYDNEY Cyber-attackers spent months targeting personal information of students and employees at one of Australia's most prestigious universities, a report into a 2018 breach released on Wednesday said, although the identities of the culprits remain unknown.

GRAINS-Soybeans retreat as traders unwind positions

02 Oct 2019

* Recent China purchases underpin soybeans market * Corn retreats from mid-Aug peak hit on Tuesday By Colin Packham SYDNEY, Oct 2 U.S. soybean futures on Wednesday retreated from a more than two-month high hit in the previous session as some traders unwound positions, though recent Chinese purchases and lower-than-expected estimates for North American supplies capped losses. The most active soybean futures on the Chicago Board Of Trade (CBOT) were down 0.3% at $9.16-3/4 a bushel by 0412 GMT. They rose 1.5% on Tuesday, when prices hit their highest since July 22 at $9.20 a bushel. "There are some unwinding of positions weighing on prices," said Phin Ziebell, an agribusiness economist at National Australia. "The outlook is uncertain, there are some Chinese purchases, but the U.S.-China trade talks are volatile." Chinese firms purchased up to 600,000 tonnes of U.S. soybeans on Monday as part of a tariff-free quota allotted to importers to buy up to 2 million tonnes this week, two sources with knowledge of the deals said. These deals offered some comfort to the market plagued by fears of a prolonged trade war between Washington and Beijing. Providing additional support to the market was a quarterly stocks report from the U.S. Department of Agriculture (USDA). The USDA pegged U.S. soybean supplies at 913 million bushels as of Sept. 1, below the average estimate for 982 million bushels. Soy stocks, however, were up 108% from a year earlier, largely due to a drop in U.S. exports to China. The most active corn futures were down 0.5% at $3.90-3/4 a bushel, having gained 1.2% in the previous session when prices hit their highest since mid-August at $3.92-3/4. Like with soybeans, corn continued to be supported by the USDA's supply forecasts. Corn stocks were at 2.114 billion bushels, the USDA said, below projections of 2.428 billion bushels and down 1% from a year ago. Wheat stocks were slightly above expectations at 2.385 billion bushels. The most-active wheat futures were down 0.6% at $4.95-3/4 a bushel, having closed up 0.6% on Tuesday. Grains prices at 0412 GMT Contract Last Change Pct chg Two-day chg MA 30 RSI CBOT wheat 495.75 -3.00 -0.60% +0.00% 478.81 63 CBOT corn 390.75 -1.75 -0.45% +0.71% 369.84 74 CBOT soy 916.75 -2.75 -0.30% +1.19% 880.99 69 CBOT rice 11.86 -$0.02 -0.13% -1.33% $11.93 42 WTI crude 54.21 $0.59 +1.10% +0.26% $56.28 37 Currencies Euro/dlr $1.093 $0.000 +0.03% +0.32% USD/AUD 0.6714 0.001 +0.18% -0.52% Most active contracts Wheat, corn and soy US cents/bushel. Rice: USD per hundredweight RSI 14, exponential (Reporting by Colin Packham; editing by Subhranshu Sahu)

Australia offered help in May for White House probe of Mueller inquiry

01 Oct 2019

SYDNEY Australia offered assistance in May for U.S. President Donald Trump’s investigation of the origins of a damning report about Russian interference in the 2016 U.S. presidential election, a letter reviewed by Reuters shows.

REFILE-Australia offered help in May for White House probe of Mueller inquiry

01 Oct 2019

SYDNEY, Oct 1 Australia offered assistance in May for U.S. President Donald Trump’s investigation of the origins of a damning report about Russian interference in the 2016 U.S. presidential election, a letter reviewed by Reuters shows.

Australian gov't says prosecutors must seek approval before charging journalists

30 Sep 2019

SYDNEY, Sept 30 Australian prosecutors need government permission before they can file charges against local journalists, Attorney General Christian Porter said on Monday.

World News

White House acknowledges strings attached in Trump withholding Ukraine aid

President Donald Trump's withholding of $391 million in military aid to Ukraine was linked to his request that the Ukrainians look into a claim - debunked as a conspiracy theory - about the 2016 U.S. election, a senior presidential aide said on Thursday, the first time the White House acknowledged such a connection.