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  • DIARY - Top economic Events to July 24 Friday, 11 Jul 2014 | 8:01 PM ET

    STRASBOURG- ECB President Mario Draghi speaks at the Quarterly Hearing before the Committee on Economic and Monetary Affairs of the European Parliament in Strasbourg, France. WASHINGTON- Federal Reserve Chair Janet Yellen testifies on the central bank's semiannual monetary policy before the Senate Banking Committee- 1400 GMT.

  • TOKYO/ DETROIT, July 11- General Motors Co said on Friday it has hired Johan de Nysschen, chief of Nissan Motor Co's Infiniti premium brand, to run its Cadillac division. De Nysschen, 54, will report to GM President Dan Ammann, who cited the executive's experience with Volkswagen's Audi luxury brand.

  • TOKYO/ DETROIT, July 11- The chief of Nissan Motor Co's Infiniti premium brand, Johan de Nysschen, is leaving two years after he joined the Japanese carmaker, a Nissan spokeswoman said on Friday. General Motors Co has hired de Nysschen, 54, to run its luxury Cadillac brand, a source familiar with the plans who asked not to be identified said on Friday.

  • LONDON, July 11- Major currency markets were steady in Europe on Friday, having ridden out a day of ructions on European stock markets with only minimal moves on the euro and yen.

  • SINGAPORE, July 11- Oil prices were heading for their third straight weekly loss on Friday as worries about supply disruptions in the Middle East and North Africa eased, although Brent stayed comfortably above $108 a barrel.

  • SYDNEY/ TOKYO, July 11- The yen was poised to end the week higher on Friday, having jumped to a five-month peak against the euro overnight as banking woes in Portugal drove global equities lower and lifted demand for the safe-haven currency.

  • TOKYO, July 11- Japan's labor shortage is nearing crisis in some key industries as it spreads from construction to services, curbing companies' operations, pushing up wages and potentially crimping a tentative recovery in the world's third-largest economy.

  • *Relatively weak auction of $13 billion of 30- year bonds. Treasuries prices rose on Thursday, with benchmark yields falling to their lowest in five weeks as investors scrambled for low-risk bonds on worries that problems involving Portugal's biggest listed bank may rekindle the region's financial woes.

  • Afghan aid is dropping, but how fast is too fast? Thursday, 10 Jul 2014 | 3:21 PM ET

    WASHINGTON— Civilian assistance to Afghanistan was always slated to shrink with America's military footprint, but U.S. aid officials were caught off-guard when Congress, upset by testy relations with Afghan President Hamid Karzai, slashed civilian aid by 50 percent this year.

  • UNITED NATIONS, July 10- More than half of the world's seven billion people live in urban areas, with the top "mega cities"- with more than 10 million inhabitants- being Tokyo, Delhi, Shanghai, Mexico City and Sao Paulo, according to a United Nations report on Thursday.

  • UNITED NATIONS, July 10- More than half of the world's seven billion people live in urban areas, with the top "mega cities"- with more than 10 million inhabitants- being Tokyo, Delhi, Shanghai, Mexico City and Sao Paulo, according to a United Nations report on Thursday.

  • GLOBAL MARKETS-Portugal woes sink European stocks Thursday, 10 Jul 2014 | 7:28 AM ET

    *Earnings, valuations concerns dominate in Europe. LONDON, July 10- Europe's debt-sodden periphery was back at the top of the list of financial concerns on Thursday, troubles around Portugal's biggest listed bank pushing shares sharply lower and quelling demand for an issue of bonds by Greece.

  • Hollywood 'Godzilla' finally stomps home to Japan Thursday, 10 Jul 2014 | 6:32 AM ET

    The film opens in Japan on July 25. Director Gareth Edwards, present in Tokyo for the gala Thursday, stressed he had merely parented what was the child of Japan. Ken Watanabe, whose "Godzilla" role is one of several appearances in Hollywood films, acknowledged pressure was high for how the film may be received in Japan.

  • GLOBAL MARKETS-Still shaky despite Fed assurance Thursday, 10 Jul 2014 | 4:39 AM ET

    *Earnings, valuations concerns dominate in Europe. *Asia up as Wall St rises with Fed in no hurry to end QE. LONDON, July 10- European shares were back in negative territory on Thursday, a brief lift from U.S.

  • Stigmatized nuclear workers quit Japan utility Thursday, 10 Jul 2014 | 2:45 AM ET

    TOKYO— Stigma, pay cuts, and risk of radiation exposure are among the reasons why 3,000 employees have left the utility at the center of Japan's 2011 nuclear disaster.

  • Market mood turns sour as Dow falls short of 17k Thursday, 10 Jul 2014 | 2:29 AM ET

    SEOUL, South Korea— Global markets were mixed Thursday with a slight pickup in China's exports failing to give a lift to European stocks after most Asian indexes closed up. Britain's FTSE 100 was down 0.4 percent to 6,693.71.

  • *May core orders -19.5 pct m/m vs +0.7 pct forecast. TOKYO, July 10- Japan's machinery orders tumbled by a record margin in May, dashing hopes for a bounce and casting doubt over a scenario of investment-led recovery in the world's third-largest economy.

  • TOKYO/ SYDNEY, July 10- The dollar traded around one-week lows against a basket of major currencies on Thursday, coming under pressure after minutes of the Federal Reserve's June meeting gave no clear indication about the timing of any interest rate rise.

  • *Asia up as Wall St rises with Fed in no hurry to end QE. MSCI's broadest index of Asia-Pacific shares outside Japan gained 0.3 percent. It's still unrealistic to count on exports to be an important contributor to economic growth, "said Wang Jun, an economist at the China Centre for International Economic Exchanges in Beijing.

  • *Asia up as Wall St rises with Fed in no hurry to end QE. *Focus on China trade data at 0200 GMT. MSCI's broadest index of Asia-Pacific shares outside Japan gained 0.2 percent.