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  • Recovery in good shape in the US: Pro   Tuesday, 14 Apr 2015 | 10:14 AM ET
    Recovery in good shape in the US: Pro

    IMF chief economist, Olivier Blanchard, discusses new forecasts for the global economy, including U.S. estimates and growth predictions in Europe and Japan.

  • TOKYO— Global stocks were subdued on Tuesday after several indexes in Europe and Asia hit multi-year highs this week, while the price of oil pushed higher. MORE DEAL-MAKING: News of corporate deal-making continued with Nokia saying it was in talks to buy French networks company Alcatel-Lucent. Shares in Alcatel-Lucent, which has reported losses for almost a...

  • *Ruling raises questions Japan's new nuclear safety regime. *Kansai Electric says to appeal. Public broadcaster NHK Television said the ruling stated that safety at Kansai Electric's Takahama plant west of Tokyo cannot be assured and the regulator's standards "lack rationality."

  • TOKYO— A court issued an injunction Tuesday ordering two nuclear reactors in western Japan to stay offline, rejecting regulators' safety approval of the reactors' planned restart later this year, a decision that could further delay the government's restart plans. The Fukui District Court ordered the operator, Kansai Electric Power Co., not to restart the No. 3...

  • FOREX-Yen broadly higher in Asia, euro under pressure Tuesday, 14 Apr 2015 | 1:19 AM ET

    TOKYO/ SYDNEY, April 14- The euro brushed a fresh two-year low against a broadly firmer yen on Tuesday, as the Japanese currency doggedly held on to gains made in the previous session. Analysts and market participants said the trigger for investors to unwind their bearish yen positions overnight was comments from Koichi Hamada, an economic adviser to Japan's...

  • SEOUL, South Korea— A Japanese journalist returned to Tokyo for the first time in eight months on Tuesday after South Korea lifted a travel ban imposed on him for allegedly defaming the South Korean president. Seoul prosecutors formally indicted Kato, a former Seoul bureau chief for the conservative Sankei Shimbun newspaper, last October.

  • FUKUI, Japan, April 14- A Japanese court will rule on Tuesday whether to block the restart of nuclear reactors in western Japan on safety grounds, in a case that could complicate Prime Minister Shinzo Abe's push to return to atomic energy after the 2011 Fukushima disaster. A three-judge panel is to rule on the injunction request against Kansai Electric's...

  • DIARY- Top Economic Events to April 23 Monday, 13 Apr 2015 | 8:01 PM ET

    STOCKHOLM- Sweden's Riksbank Deputy Governor Cecilia Skingsley will participate in a seminar on pay formation that promotes the competitiveness of the manufacturing industry- 1135 GMT. WASHINGTON- Federal Reserve issues the Beige Book of economic condition- 1800 GMT. WASHINGTON- Levy Economics Institute of Bard College holds 24th Annual Hyman P. Minsky...

  • Chinese bank IT rules cause global concern Monday, 13 Apr 2015 | 6:49 PM ET
    Beijing's Forbidden City

    Global business associations have "strong concerns" about Chinese bank information technology rules.

  • TOKYO, April 14- A Japanese court will rule later on Tuesday on an injunction request against reactors owned by Kansai Electric Power, in a case that could derail Japan's slow return to nuclear power after the 2011 Fukushima disaster. A panel of judges is due to rule on the injunction request against Kansai Electric's Takahama reactors west of Tokyo at 0500 GMT.

  • *China trade data shock hits Australian dollar. *Asia shares shrug off surprise fall in China exports. LONDON, April 13- A shock fall in Chinese exports hammered the Australian and New Zealand dollars on Monday, and hit European mining companies exposed to the world's second-largest economy.

  • April 13- Apple Inc is likely to quickly ramp production of the Apple Watch after strong pre-orders outstripped limited supply in the first weekend following its launch, some Wall Street analysts said. "Based on our observations and media reports, launch day supply was largely sold out within the first 10 to 30 minutes depending on model," Piper Jaffray analyst...

  • TOKYO/ NEW DELHI, April 13- China could have outsized influence over a new Beijing- backed international development bank under a proposed shareholding structure likely to be discussed at a meeting of member nations in Washington this week, sources say. China has proposed that Asian nations own three-quarters of the Asian Infrastructure Investment Bank, a...

  • *Asia shares shrug off surprise fall in China exports. The Australian dollar fell nearly 1.5 percent after the data from China, which is the main market for Australia's exports of natural resources. Adding to the gloom for the Aussie, the World Bank also cut its 2015 growth forecasts for developing East Asia and China.

  • FOREX-Aussie, Kiwi skid on shock China exports fall Monday, 13 Apr 2015 | 4:12 AM ET

    *Australian, Kiwi dollars hit by shock fall in China exports. The Australian dollar, considered a liquid proxy of China plays because of the two countries' trade links, slid as much as 1.5 percent to $0.7570, bringing the Aussie back within sight of a six-year low of $0.7534 set earlier in the month. The World Bank also cut its 2015 growth forecasts for developing East...

  • *Australian dollar hit by shock fall in China exports. SINGAPORE/ TOKYO, April 13- The Australian dollar tumbled on Monday after a shock contraction in China's exports added to worries about slowing growth in the world's second-largest economy, while sterling extended its losses to fresh five-year lows. The poor China trade numbers knocked the Australian...

  • TOKYO, April 13- A rally in China's stock markets to seven year highs on Monday kept an index of Asian shares near its highest level since September, as weak Chinese trade data hardened expectations for more economic stimulus measures from Beijing. Exports contracted 15 percent in March from a year earlier, in a surprise drop that left China with a trade surplus of...

  • BEIJING— China's stock benchmark closed at a seven-year high Monday as hopes for economic stimulus rose. KEEPING SCORE: Germany's DAX shed 0.2 percent to 12,347.09 and France's CAC 40 was off just under 0.1 percent to 3,237.41. ASIA'S DAY: The Shanghai Composite Index rose 2.2 percent to 4,121.71 points, closing above 4,100 for the first time since March 11, 2008,...

  • Japanese shares: The best game in town?   Sunday, 12 Apr 2015 | 11:34 PM ET
    Japanese shares: The best game in town?

    Japan's Nikkei 225 remains an attractive market, thanks to a weak yen, lower oil prices and a pick-up in the nation's consumer spending, says Nicholas Smith, Japan strategist at CLSA.

  • TOKYO, April 13- The euro was on the defensive on Monday morning, pressured by the European Central Bank's stimulus driving interest rates lower in the euro zone and on concerns over talks between debt-strapped Greece and its creditors over more funding for Athens. "We think the euro will fall below parity against the dollar by the end of the year because of the...