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ASX climbs 0.7% to 10-day high; AMP says CEO is staying – The Sydney Morning Herald

The ASX 200 gained 0.7% in early trade after Wall Street rallied late to close higher. Tech and health stocks slipped lower.

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A container ship blocking the Suez Canal like a beached whale may take weeks to free, the salvage company said, as officials stopped all ships entering the channel in a new setback for global trade.
The 400-metre Ever Given, almost as long as the Empire State Building is high, is blocking transit in both directions through one of the worlds busiest shipping channels for oil and grain and other trade linking Asia and Europe.
The Suez Canal Authority (SCA) said eight tugs were working to move the…

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