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  • SINGAPORE, Nov 5- Gold held near a one-month low on Thursday and looked likely to drop below the $1,100- an-ounce level after Federal Reserve Chair Janet Yellen bolstered market expectations for a U.S. interest rate hike in December. Spot gold had ticked up 0.3 percent to $1,110.10 an ounce by 0319 GMT, staying close to the previous session's low of $1,106, the...

  • TOKYO, Nov 5- Asian shares stumbled on Thursday after Federal Reserve Chair Janet Yellen said a December interest rate hike in the United States is a "live possibility", sending short-term U.S. bond yields to 4-1/ 2- year highs and pushing the dollar broadly up. MSCI's broadest index of Asia-Pacific shares outside Japan dropped 0.5 percent, led by 1.2 percent fall in...

  • SINGAPORE, Nov 5- Gold held near a one-month low on Thursday and looked likely to drop below the key $1,100- an-ounce level after Federal Reserve Chair Janet Yellen bolstered market expectations for a U.S. interest rate hike in December. *Spot gold had ticked up 0.2 percent to $1,109 an ounce by 0035 GMT, staying close to an overnight slide to $1,106, its lowest since...

  • WASHINGTON, Nov 4- GlaxoSmithKline Plc won U.S. regulatory approval for its drug Nucala to treat severe asthma, the Food and Drug Administration said on Wednesday. Badrul Chowdhury, director of the FDA's pulmonary, allergy and rheumatology products division, said in a statement. Analysts on average expect the drug to generate annual sales of $756 million by...

  • FDA approves GSK's drug Nucala for severe asthma Wednesday, 4 Nov 2015 | 6:06 PM ET

    WASHINGTON, Nov 4- GlaxoSmithKline Plc won U.S. regulatory approval for its drug Nucala to treat severe asthma, the Food and Drug Administration said on Wednesday. Badrul Chowdhury, director of the FDA's pulmonary, allergy and rheumatology products division, said in a statement. About 26 million people in the United States suffer from asthma, GSK said, and up to 10...

  • SYDNEY, Nov 5- The dollar stood at three-month highs against a basket of major currencies on Thursday following a jump in U.S. In her first public comments since the Fed's meeting last week, Federal Reserve Chair Janet Yellen on Wednesday laid out what now appears the base case at the U.S. central bank- the country is ready for higher interest rates.

  • NEW YORK, Nov 4- Wall Street stocks ended down on Wednesday as energy stocks turned lower on a drop in oil prices and two Federal Reserve officials said U.S. economic strength could justify a December interest rate hike. Yellen told Congress the Fed expects the economy to continue to grow at a pace that returns inflation to policy-makers' target and that "if the...

  • NEW YORK, Nov 4- An ex-employee of the Federal Reserve Bank of New York pleaded guilty on Wednesday to the theft of confidential information that he admitted to leaking to a former colleague working at Goldman Sachs Group Inc.. Jason Gross, 37, entered the plea to a misdemeanor charge of theft of government property, days after Goldman Sachs reached a related $50...

  • WASHINGTON, Nov 4- The United States has formally denied in writing a TransCanada Corp request to pause the U.S. review of the proposed Keystone XL pipeline, a State Department spokesman said on Wednesday. State Department spokesman John Kirby told a briefing there was no legal requirement to pause the Keystone review based on the applicant's request.

  • Nov 4- Deutsche Bank AG will pay a $258 million penalty to settle charges that it did business on behalf of entities in U.S.-sanctioned countries like Iran and Syria, the New York Department of Financial Services and Federal Reserve said on Wednesday. Deutsche Bank will pay $200 million of the penalty to NYDFS and the remaining $58 million to the Fed.

  • New Canadian PM makes good on equality promise Wednesday, 4 Nov 2015 | 3:59 PM ET
    Canada's new Prime Minister Justin Trudeau (bottom row C) poses with his cabinet after their swearing-in ceremony at Rideau Hall in Ottawa November 4, 2015.

    Justin Trudeau, a self-proclaimed feminist, made good his campaign promise that his governmental inner circle would be gender-equal, NBC News reports.

  • *Time Warner falls after weak forecast; drags media stocks. Nov 4- U.S. stocks edged lower on Wednesday, pulling back after recent strong gains along with energy shares, while Federal Reserve Chair Janet Yellen said a rate hike in December was a "live" possibility, but not a certainty. Chevron was down 1.5 percent at $96.64 and Exxon was off 1.1 percent at $85.91.

  • "We are asking for very substantial changes on the part of these firms," Yellen said in response to questions from a U.S. House of Representatives panel about why the Fed's assessment of earlier wind-up plans submitted by big banks in 2013 was not as publicly critical as that of another bank regulator, the Federal Deposit Insurance Corp. The FDIC said in August 2014...

  • NEW YORK, Nov 4- An ex-employee of the Federal Reserve Bank of New York suspected of leaking confidential information to a former colleague working at Goldman Sachs Group Inc pleaded guilty to a federal charge on Wednesday. Jason Gross, 37, appeared in federal court in Manhattan and pleaded guilty to a misdemeanor charge of theft of government property, days...

  • Nov 4- Deutsche Bank AG will pay a $258 million penalty to settle charges that it did business on behalf of entities in U.S.-sanctioned countries like Iran and Syria, the New York Department of Financial Services and Federal Reserve said on Wednesday. The settlement requires Deutsche Bank to hire an independent monitor and fire six employees.

  • WASHINGTON, Nov 4- Federal Reserve Chair Janet Yellen on Wednesday pointed to a possible December interest rate "liftoff" but said rates would rise only slowly from then on to nurture the U.S. economic recovery. In her first public comments since the Fed's meeting last week Yellen laid out what now appears the base case at the U.S. central bank- that low unemployment,...

  • *VW, Porsche fall more than 8 pct. MILAN, Nov 4- European shares closed off their highs on Wednesday after Federal Reserve Chair Janet Yellen said a rate hike in December was a live possibility, while Germany's blue-chip index underperformed after a scandal at carmaker Volkswagen widened. The FTSEurofirst 300 rose 0.46 percent after earlier gaining as much as 1.1...

  • FOREX-Dollar jumps as Yellen stokes bets on Dec rate hike Wednesday, 4 Nov 2015 | 12:31 PM ET

    NEW YORK, Nov 4- The dollar rose sharply on Wednesday as remarks from Federal Reserve Chair Janet Yellen intensified bets the central bank would raise interest rates next month if the overall economy improves further. "Yellen reinforced the notion that a December rate hike is very much in play," said Sebastien Galy, currency strategist at Deutsche Bank in New York.

  • *Asia rally spills over the Europe despite earnings misses. NEW YORK, Nov 4- Wall Street stocks, unable to follow a rally in European and Asian stocks on Wednesday, fell further after Federal Reserve Chair Janet Yellen said the U.S. economy is "performing well" and could justify an interest rate hike in December. Yellen told Congress the Fed expects the economy to...

  • Nov 4- Volkswagen AG said on Wednesday it told U.S. and Canadian dealers early Wednesday to stop selling recent models equipped with 3.0 V6 TDI diesel engines. The stop-sale order follows a notice by the U.S. Environmental Protection Agency that VW group brands had installed illegal devices on some 3.0 V6 diesel models. VW and Audi dealers were ordered to stop...