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Dollar takes a back seat as markets bet on Fed rate cuts

TOKYO/SINGAPORE (Reuters) – The dollar was on the back foot on Monday as growing expectations of U.S. interest rate cuts to cushion the impact of the coronavirus stemmed some safety flows into the greenback. After U.S. shares were routed in recent days, Federa... More »

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Australia confirms first community transmissions of coronavirus

SYDNEY (Reuters) – Australian health officials said on Monday that a woman and a male doctor have contracted coronavirus – becoming the first cases of community transmissions in the country. New South Wales state Minister for Health Brad Hazzard said a 31-year... More »

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Shares drop, gold surges as investors scurry for safety

SYDNEY (Reuters) – Global shares and oil slid on Monday while safe-haven gold surged as the spread of the coronavirus outside China darkened the outlook for world growth with infections and deaths rising in South Korea, Italy and the Middle East. The large spi... More »

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Scott commits faux pas by driving into group ahead

(Reuters) – Adam Scott was guilty of a major golfing faux pas in the final round of the Genesis Open on Sunday after thumping his drive through the group ahead, almost hitting another player. The Australian’s tee shot at the dogleg par-four 15th landed in the ... More »

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Boral shares plunge after bushfire profit hit, accounts probe

(Reuters) – Australia’s Boral Ltd (BLD.AX) said on Monday delays to building projects due to bushfires will likely cause a plunge in its second-half results, while revealing an investigation had found inflated earnings at its North American window-making busin... More »

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LPGA cancels Thailand, Singapore events due to coronavirus

WELLINGTON (Reuters) – The LPGA Tour, the elite women’s professional golf circuit, said on Monday it was cancelling tournaments in Thailand and Singapore later this month due to the coronavirus outbreak. More than 40,000 people have been infected by the flu-li... More »

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Canadian Taylor outplays Mickelson to win at Pebble Beach

(Reuters) – Former world number one amateur Nick Taylor bent but did not break, surviving an error-strewn stretch and whipping winds to win the Pebble Beach Pro-Am by four strokes in California on Sunday. Taylor set up victory with a chip-in birdie at the 15th... More »

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Wawrinka rallies to take down Medvedev for last eight spot

MELBOURNE (Reuters) – Former champion Stan Wawrinka battled past Russian fourth seed Daniil Medvedev in five sets to reach the Australian Open quarter-finals with a 6-2 2-6 4-6 7-6(2) 6-2 victory on Monday. Medvedev came into the contest having won both their ... More »

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Counter-punching Halep beats Mertens to reach quarters

MELBOURNE (Reuters) – Simona Halep had to be at her counter-punching best to fight off another determined second-set comeback bid from Elise Mertens on Monday as the Romanian world number three advanced to the quarter-finals of the Australian Open. Halep, a be... More »

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Highlights: Day eight at the Australian Open

MELBOURNE (Reuters) – Highlights of the eighth day at the Australian Open, the first Grand Slam tournament of the year, on Monday (times AEDT- GMT+11): 1633 MUGURUZA MARCHES INTO LAST EIGHT Unseeded Spaniard Garbine Muguruza continued her charge toward a third... More »

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Coaches welcome WTA trial of allowing coaching from box

MELBOURNE (Reuters) – Coaches have welcomed the WTA Tour’s decision to allow them to help players from the stands this season after the issue became a hot-button topic in the wake of the 2018 U.S. Open final when Serena Williams was controversially penalized. ... More »

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Djokovic leads tennis community in mourning ‘mentor’ Bryant

MELBOURNE (Reuters) – Australian Open champion Novak Djokovic led the tennis world in mourning for “mentor” Kobe Bryant on Monday after Melbourne Park awoke to the news that the NBA great had died in a helicopter crash along with his daughter and seven others.... More »

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Muguruza powers past Bertens into last eight

MELBOURNE (Reuters) – Garbine Muguruza powered into the Australian Open quarter-finals with a 6-3 6-3 demolition of ninth-seed Kiki Bertens in just 68 minutes on Monday. Muguruza, a former French Open and Wimbledon champion, was unseeded at Melbourne Park and ... More »

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Australian budget surplus in doubt as bushfire funding boosted

SYDNEY (Reuters) – Australia on Monday boosted emergency funding for small businesses hit by bushfires that have ravaged the country for months, as the mounting costs of the disaster cast doubt on the government’s ability to deliver a promised budget surplus. ... More »

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Rust-free Federer launches Melbourne campaign with sublime win

MELBOURNE (Reuters) – Roger Federer showed no sign of rust despite a lack of match practice ahead of the Australian Open as he launched his bid for a record-extending 21st Grand Slam title by hammering Steve Johnson 6-3 6-2 6-2 in the first round on Monday. Pl... More »

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Gauff completes double eclipse of Venus

MELBOURNE (Reuters) – Coco Gauff shone on her Australian Open debut on Monday as she knocked Venus Williams out of the first round in a repeat of her stunning victory over the seven-times Grand Slam champion in the Wimbledon opener last year. The 15-year-old A... More »

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Briton Evans pats stomach after fulfilling comeback win

MELBOURNE (Reuters) – Dan Evans, urged to “miss a few meals” earlier this month by Britain captain Tim Henman, patted his stomach after completing a brave five-set comeback win over American Mackenzie McDonald to reach the second round of the Australian Open o... More »

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Serena puts aside air quality concerns to clear first hurdle

MELBOURNE (Reuters) – Serena Williams put aside her concerns about the air quality at Melbourne Park as she breezed into the second round of the Australian Open on Monday to remain on course for a record-equaling 24th Grand Slam title. Buoyed by securing her f... More »

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Sports need to do more to combat climate change: lobby group

(Reuters) – The bushfire smoke that hampered the buildup to the Australian Open highlights the need for Tennis Australia to be doing much more to combat climate change, the country’s national environmental lobby group said. The Australian Open, the season open... More »

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Shapovalov shouts at chair umpire in shock first-round exit

MELBOURNE (Reuters) – Canadian young gun Denis Shapovalov raged at the chair umpire before succumbing to nerves as he crashed out of the Australian Open first round 6-3 6-7(7) 6-1 7-6(3) to unseeded Hungarian Marton Fucsovics. Shapovalov, seeded 13th and widel... More »

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Osaka fires back at social media troll after Melbourne win

MELBOURNE (Reuters) – Defending champion Naomi Osaka fired back at a social media user who jeered her arrival on court before her 6-2 6-4 victory over Czech Republic’s Marie Bouzkova in the Australian Open first round on Monday. The 22-year-old from Japan next... More »

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Oldest stuff on Earth found inside meteorite that hit Australia

WASHINGTON (Reuters) – A meteorite that crashed into rural southeastern Australia in a fireball in 1969 contained the oldest material ever found on Earth, stardust that predated the formation of our solar system by billions of years, scientists said on Monday.... More »

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Weight lifted for Serena as Melbourne beckons

WELLINGTON (Reuters) – The length of time Serena Williams held her arms aloft after clinching her first WTA title in almost three years spoke volumes on Sunday as the American prepares for the latest tilt at a 24th Grand Slam title in Melbourne next week. The ... More »

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Williams destroys Anisimova to set up Pegula showdown

(This Jan. 11 story corrects spelling of Anisimova in headline and first paragraph) WELLINGTON (Reuters) – Serena Williams showed no signs of sentiment as she clinically dispatched teenager Amanda Anisimova 6-1 6-1 in just 45 minutes on Saturday to advance to ... More »

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ATP makes $500,000 donation for Australian bushfire relief

(Reuters) – The ATP will donate $500,000 to the WWF Australian Wildlife and Nature Recovery Fund as part of the bushfire relief efforts, the governing body of men’s tennis said on Sunday. The donation from players was announced by Novak Djokovic and Rafa Nadal... More »

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Djokovic leads Serbia to ATP Cup glory

SYDNEY (Reuters) – Novak Djokovic inspired Serbia to victory in the inaugural ATP Cup team event in Sydney after defeating his long-term Spanish rival Rafael Nadal in singles on Sunday before playing a pivotal role in the deciding doubles match. With the final... More »

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Asian shares rebound as U.S. and Iran stand down, yen retreats

SINGAPORE (Reuters) – Asian stocks had their best session in weeks on Thursday, as the United States and Iran backed away from the brink of conflict in the Middle East and investors reversed their flight to safety. U.S. President Donald Trump responded to an I... More »

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Williams struggles but advances to quarters in Auckland

WELLINGTON (Reuters) – Top seed Serena Williams was made to work hard against fellow American Christina McHale before she prevailed 3-6 6-2 6-3 to advance to the quarter-finals of the Auckland Classic on Thursday. The 23-times Grand Slam champion looked a comp... More »

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Barty stunned by qualifier Brady in straight sets in Brisbane

(Reuters) – American qualifier Jennifer Brady claimed the first top 10 win of her career with an upset 6-4 7-6(4) straight sets victory over world number one Ash Barty on Thursday to advance to the Brisbane International quarter-finals. With the tournament mov... More »

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Asian shares near 18-month high, bask in trade deal afterglow

SYDNEY (Reuters) – Asian markets idled near 18-month highs on Monday as trading volumes weakened ahead of the Christmas holiday break, with investors taking profit on gains made earlier this month. In early European trades, the pan-region Euro Stoxx 50 futures... More »

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Asian shares jump on ‘phase one’ Sino-U.S. trade deal

SHANGHAI (Reuters) – Asian shares hit their highest in nearly eight months on Monday after the United States and China agreed on a preliminary trade deal, with Australian shares leading the way on expectations of more easing of monetary policy there. European ... More »

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Woods leads from front as U.S. wins Presidents Cup

MELBOURNE (Reuters) – United States captain Tiger Woods led from the front as the Americans dominated the Sunday singles to overhaul the Internationals at Royal Melbourne 16-14 and claim an eighth successive Presidents Cup. Woods clinched a record 27th win in ... More »

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Osaka appoints Belgian Fissette as coach: Kyodo

TOKYO (Reuters) – Two-time grand slam winner Naomi Osaka has appointed Belgian Wim Fissette as coach, Kyodo news agency on Sunday quoted the Japanese player’s management as saying, as she gears up to defend her Australian Open title. Osaka has been without a c... More »

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Reed regains ‘Captain America’ cape at Royal Melbourne

MELBOURNE (Reuters) – Patrick Reed had dug himself a hole before arriving at the Presidents Cup, his two-stroke penalty for flinging some sand away with his wedge in a waste bunker stoking controversy and putting a big target on his back at Royal Melbourne. By... More »

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UBS Asset Management bullish on emerging market equities, debt

SINGAPORE (Reuters) – The United States’ economic outperformance will wane, the dollar will probably weaken and growth next year can be expected from emerging markets, UBS Asset Management said on Monday, the latest money manager to turn bullish on the sector.... More »

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Samoa in Christmas lockdown as measles deaths top 50

WELLINGTON/SYDNEY (Reuters) – The small Pacific island nation of Samoa has closed schools and is restricting travel ahead of the Christmas holiday season as the death toll from a measles outbreak tops 50, in the latest flare-up of a global epidemic of the viru... More »

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Team by team analysis of the Abu Dhabi Grand Prix

(Reuters) – Team by team analysis of Sunday’s season-ending Abu Dhabi Formula One Grand Prix (listed in championship order): – MERCEDES (Lewis Hamilton 1, Valtteri Bottas 4) Hamilton’s 11th win of the season, fifth in Abu Dhabi and 84th of his career. He start... More »

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Samoa measles cases, deaths more than double over past week

MELBOURNE (Reuters) – The number of suspected cases of measles on the Pacific island of Samoa has more than doubled over the past week to 3,530 and deaths related to the outbreak rose to 48 from 20 a week ago, the country’s Ministry of Health said on Sunday. S... More »

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Horse racing: Australia and Hong Kong end quarantine stand-off

(Reuters) – Australia has agreed to relax restrictions imposed on the travel of horses from Hong Kong, ending a two-year stand-off between the two countries, the South China Morning Post reported on Monday. The movement of horses between the jurisdictions was ... More »

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Asia shares find footing as mood swings on trade

SYDNEY (Reuters) – Asian shares staged a cautious rally on Monday as investors dared to hope for some progress in the endless Sino-U.S. trade dispute, while the outperformance of recent U.S. economic data gave the dollar a leg up on its peers. MSCI’s broadest ... More »

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Shares grind towards record high as China trims key rate

LONDON (Reuters) – World shares were close to a record high on Monday, after Beijing surprised markets by trimming a key interest rate for the first time since 2015. In the latest show of support for its economy, China’s central bank cut rates on seven-day rev... More »

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Verstappen wins Brazil GP thriller as Ferraris collide

SAO PAULO (Reuters) – Max Verstappen won a thrilling Brazilian Formula One Grand Prix for Red Bull on Sunday after the Ferraris collided and Mercedes’ six-times world champion Lewis Hamilton was demoted from third to seventh. In a race of safety cars and surpr... More »

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Motor racing: Team by team analysis of the Brazilian Grand Prix

SAO PAULO (Reuters) – Team by team analysis of Sunday’s Brazilian Grand Prix, penultimate race of the 21-round Formula One season (listed in championship order): – MERCEDES (Lewis Hamilton 7, Valtteri Bottas retired) Hamilton finished third on track but collec... More »

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Asia-wide trade pact on course despite India, Thailand says

BANGKOK (Reuters) – Asian countries held conclusive talks on what could be the world’s biggest trade pact and there will be an announcement of success at a summit in Bangkok, despite doubts raised by India, the Thai hosts said on Monday. But questions still hu... More »

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India to continue talks on RCEP trade deal: Australian minister

BANGKOK (Reuters) – India is going to continue talks on an Asia-wide trade deal that is being discussed at a summit of regional leaders in Bangkok and which Thailand has said will be signed next year, Australia’s trade minister said on Monday. The comments thr... More »

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Thailand says new Asian trade deal to be signed in 2020

BANGKOK (Reuters) – Thailand said on Sunday that Southeast Asian nations are committed to signing a pact by February 2020 on forging what could become the world’s largest trade bloc, even after new demands by India dealt a blow to the process backed by China. ... More »

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Talks on Asian trade deal ‘conclusive’, Thai minister says

BANGKOK (Reuters) – Talks to agree what could be the world’s biggest trade bloc were conclusive and an announcement on their success will be made later on Monday, Thailand’s commerce minister said on Monday. The prospects of reaching agreement on the 16-nation... More »

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Olivia Newton-John’s ‘Grease’ outfit sells for $405,700

LOS ANGELES (Reuters) – Olivia Newton-John’s tight black pants and leather jacket from the movie “Grease” sold for $405,700 at a Beverly Hills auction on Saturday, more than double the expected price, Julien’s Auctions said. The outfit that marked the transiti... More »

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Asian shares climb to three-month high, currencies mark time

SYDNEY (Reuters) – Asian shares rose to a three-month high on Monday, as risk assets got a fillip from hopes of a trade deal and strong U.S. corporate earnings, while major currencies marked time as focus shifted to a Federal Reserve rate decision. European sh... More »