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Asia shares set to follow Wall Street’s modest gains after Fed maintains stance

Asia shares set to follow Wall Street’s modest gains after Fed maintains stance

SYDNEY (Reuters) – Asian share markets lagged on Thursday as U.S. stock futures nudged to another record high after the Federal Reserve underlined its commitment to keeping policy super loose even as the economy enjoys a rapid recovery.FILE PHOTO: People wearing protective masks, following the coronavirus disease (COVID-19) outbreak, are reflected on a screen showing…

Mozambique seeks targeted foreign support to help tackle insurgency: president

Mozambique seeks targeted foreign support to help tackle insurgency: president

Mozambique’s President Filipe Nyusi attends a signing ceremony following the talks with Russia’s President Vladimir Putin in Moscow, Russia August 22, 2019. Sputnik/Alexey Nikolsky/Kremlin via REUTERS/File PhotoJOHANNESBURG (Reuters) – Mozambique has told the international community what support it needs to deal with an Islamic State-linked insurgency, but for reasons of sovereignty it will tackle some…

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Moscow and Washington in contact over Russia’s climate summit participation: RIA

MOSCOW (Reuters) – Moscow and Washington are in contact over whether Russia will attend a climate summit after U.S. President Joe Biden invited his Russian counterpart Vladimir Putin, RIA cited Russia’s foreign ministry as saying on Wednesday.Russia said it was waiting for additional information from the United States before deciding on what format its participation…

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MORNING BID

April 7 – A look at the day ahead from Danilo Masoni.After European shares reclaimed pre-pandemic levels in a record-breaking session and Wall Street closed near all-time peaks, markets look like they may hit pause today, even though there seems to be nothing out there to stop the party.Japanese household confidence at an eight-year high…

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Australia shares close at highest in over a year, extend gains for 4th session

* Tech stocks up for 4th session* Travel stocks extend gains after “travel bubble” announcement* Gold, energy sectors lift benchmark (Updates to close)April 7 (Reuters) – Australian shares on Wednesday closed at their highest in over a year, extending gains for the fourth straight session, helped by the country’s energy and gold sectors.The S&P/ASX 200…