News

The UK Office for Maritime Trade Operations reports that the captain of a container ship has been damaged by a projectile of unknown origin. The extent of the damage is currently unknown and an investigation is underway. All crew members are safe.

The UK Maritime Trade Operations Office: has received a report of an incident that occurred 25 nautical miles northwest of Ras Al Khaimah, United Arab Emirates.

Market News: Saudi Arabia’s Foreign Minister held a phone call with the US Secretary of State to discuss Iran’s regional aggression.

Iran said its forces attacked U.S. military installations in Kuwait.

According to the Washington Post, a drone attacked a U.S. diplomatic facility in Iraq.

The market currently expects a 70% probability that the Reserve Bank of Australia will raise interest rates to 4.10% on March 17.

Economists from Westpac, ANZ, Citi and Deutsche Bank have changed their forecasts for the Reserve Bank of Australia's interest rates, predicting a rate hike next week.

The Qatari minister stressed the need for the United States to return to peace.

The 40-year Japanese government bond yield rose 3.5 basis points to 3.670%.

Hong Kong stocks opened, with the Hang Seng Index opening up 0.59% and the Hang Seng Technology Index opening up 0.87%; NIO (09866.HK) opened up 15% after the results.

Sources: SoftBank-backed Japanese payments app PayPay's IPO could be priced at the low end of its issuance range.

Shenzhen Stock Exchange: The list of securities subject to Hong Kong Stock Connect has been adjusted and Dongfeng Group shares have been removed, effective from March 11.

Amazon (AMZN.O): It will invest A$750 million to build a robotic logistics center in Australia.

British Home Secretary: Approval of the Metropolitan Police’s request to ban the “Al-Quds Day Parade”.

Japan's domestic corporate commodity price index in February was at an annual rate of 2%, expected to be 2.1%, and the previous value was 2.30%.

Japan's domestic corporate commodity price index in February was -0.1% on a monthly basis, expected to be 0.1%, and the previous value was 0.20%.

Security sources said two drones targeted a U.S. diplomatic facility near Baghdad International Airport.

Australia's S&P/ASX200 index opened up 35.20 points, or 0.40%, on Wednesday, March 11, to 8727.80 points.

American Priority Refining: The new facility will have an annual processing capacity of approximately 60 million barrels of light shale oil.

America's First Refining Company: Successfully reached a landmark 20-year crude oil purchase agreement and secured capital investment to build the first new refinery in the United States in 50 years.