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  • NAGOYA, Japan— A solar-powered plane forced to land in Japan when it hit bad weather during its trip around the globe has encountered more challenges after wind gusts damaged a wing on the grounded aircraft. The Solar Impulse departed Nanjing, China, on Sunday on what was expected to be the longest leg of the journey, a six-day, 8,175- kilometer flight to Hawaii.

  • LONDON, June 3- Tom Hayes, the first trader to face a jury trial over alleged Libor rate-rigging offenses, told British investigators brokers in other firms became "a tool in my armory" when they offered to help move rates for him, a London court heard on Wednesday. The former UBS and Citigroup trader, on trial at Southwark Crown Court, also told investigators from...

  • TOKYO, June 3- Japanese Prime Minister Shinzo Abe's ruling party called for a "cautious response" to the China-led Asian Infrastructure Investment Bank, but will leave the decision on joining to the premier, a draft report showed on Wednesday. A panel of ruling Liberal Democratic Party was lawmakers tasked with looking into Japan's possible membership in the...

  • *European Central Bank meets; U.S. payrolls ahead. LONDON, June 3- The euro took a breather on Wednesday a day after tracking soaring Bund yields to post its second biggest daily gain since Oct. 2011, with markets turning cautious before a policy update from the European Central Bank. The euro was down 0.1 percent at $1.1135, having climbed around 2.1 percent to...

  • TOKYO, June 3- Japanese government bonds took their cue from weakness in overseas bond markets and skidded on Wednesday, with investors also wary ahead of a 30- year JGB auction in the next session. The BOJ offered to buy 400 billion yen of JGBs in the 5- year to 10- year zone, 400 billion yen of JGBs in the 3- year to 5- year zone, and 375 billion yen of JGBs in the 1- year to...

  • TOKYO— On his sixth visit to Japan in five years, Philippine President Benigno Aquino III on Wednesday criticized China's assertiveness in regional seas, a concern shared by both countries as they deepen their ties. Since both countries are U.S. allies and share concerns over China's maritime activity, the Philippines is extremely important to Japan, said...

  • TOKYO, June 3- A spike in U.S. and German debt yields reduced the appetite for riskier assets to keep Asian share markets subdued on Wednesday, while the euro held gains made on upbeat euro zone inflation data and on hopes that Greece will reach a deal with creditors. MSCI's broadest index of Asia-Pacific shares outside Japan stood little changed.

  • *Asia stocks mostly lower amid spike in key debt yields. TOKYO, June 3- Equity markets in Asia slipped early on Wednesday as a widespread spike in debt yields dented the allure of risky assets, while the euro stood tall after surging on upbeat euro zone inflation data and hopes that Greece will reach a deal with its creditors. MSCI's broadest index of Asia-Pacific...

  • LONDON, June 2- Tom Hayes, the first trader to stand trial on alleged Libor rigging charges, was called by Merrill Lynch and Deutsche Bank about possible job offers after being fired by Citigroup for alleged interest rate rigging, a London court heard on Tuesday. Hayes, who worked for UBS as a derivatives trader in Tokyo until he was poached by Citigroup> in 2009, has...

  • The battle to be the world's No. 1 restaurant once again felt like a tussle between Spain and Denmark, with Italy caught in the middle. El Celler de Can Roca in Girona, Spain, got the top spot on the annual The World's 50 Best Restaurants announced Monday in London, beating Noma, Rene Redzepi's daringly innovative Danish restaurant, which fell from first to third place.

  • *European shares down as investors seek clarity over Greece. The leaders of Germany and France and Greece's international creditors agreed late on Monday to work with "real intensity" as they try to reach a deal that would prevent Athens from defaulting and potentially leaving the euro zone. Greek Prime Minister Tsipras said Athens had sent creditors a "...

  • *Euro gains ground absent clear progress on Greece. LONDON, June 2- The euro rose one percent on Tuesday after a better-than- expected inflation number pushed it through resistance at $1.10, triggering automatic orders to limit losses for those betting on further gains for the dollar. "A spike higher in the euro near the 50- day moving average, helped by the better...

  • The joint declaration issued by six European oil and gas majors was cautiously embraced by the United Nations, which will host negotiations this December in Paris aimed at designing a plan to cut the fossil fuel emissions that scientists blame for rising temperatures. Total SA, Statoil, BP Plc, Royal Dutch Shell Plc, Eni and BG Group Plc called for "decisive action"...

  • TOKYO, June 2- The yen's slide to 12-1/ 2- year lows is a direct outcome of Japan's stimulative policies, but growing signs of discord among policymakers over its too rapid fall could erode support for "Abenomics." The finance ministry is voicing concerns about the pace of the declines even as the Bank of Japan remains focused on the benefits of a weak yen.

  • *European shares down as investors seek clarity over Greece. LONDON, June 2- European shares dipped on Tuesday while German bond yields rose, with investors in the dark over whether a high-level meeting on Greece's debt crisis might herald a significant breakthrough. The leaders of Germany, France and Greece's international creditors agreed late on Monday to...

  • *Dollar pops above 125 yen for first time since late 2002. In Asian trading, the U.S. dollar rose above 125 yen for the first time since late 2002 before retreating. Australia's Reserve Bank said again on Tuesday it wanted the currency to weaken further.

  • By Hideyuki Sano TOKYO, June 2- Institutional investors including hedge funds are scrutinising the past performance of Japanese government bonds for clues on where French sovereign debt is headed following one of its biggest routs in years. The swings in French bonds are so similar that some hedge funds have created charts plotting European yields over...

  • TOKYO, June 2- Japanese government bond prices were lower on Tuesday pressured by an overnight retreat in U.S. Treasuries, although the market managed to trim losses after a well-received 10- year auction. The bid-to-cover ratio, a gauge of demand, at Tuesday's 2.4 trillion yen 10- year sale rose to 2.71 from 2.24 at the previous sale last month.

  • TOKYO/ SYDNEY, June 2- The dollar scaled a fresh 12-1/ 2 year high against the yen on Tuesday, breaching a key threshold along the way as it extended a strong run after upbeat U.S. data. "The rise by the dollar against the yen has been steep but sentiment favors testing new highs rather than consolidating," said Kyosuke Suzuki, director of forex at Societe Generale in Tokyo.

  • *Dollar flirts with 125.00 yen, fresh highs in over 12 years. SYDNEY/ TOKYO, June 2- The dollar hovered at fresh 12-1/ 2 year highs against the yen on Tuesday, having extended a bullish run after upbeat U.S. data helped it crack tough resistance. The feeling in the market is to give 125 yen a try, "said Kyosuke Suzuki, director of forex at Societe Generale in Tokyo.