*Corn dips on forecasts for improved U.S. planting weather. "It has been an exciting week thus far for soybeans, and for the old-crop new-crop spreads in particular," Matt Zeller, director of market information at INTL FCStone said in a note to clients.» Read More
The company raised about $163 million after its offering was priced at $25, below the expected price range of $26- $29 per share. Moelis, founded and led by veteran Wall Street investment banker Ken Moelis, offered 6.5 million shares of Class A common stock, lower than the 7.3 million it had initially planned.
*Troop carriers enter east Ukraine bearing Russian, separatist flags. LONDON, April 16- Global oil prices rose close to $110 a barrel on Wednesday due to mounting tensions in Ukraine, but gave up some gains after an unexpectedly large build in crude stocks in the United States, the world's largest consumer of oil.
*Money printing in U.S., Japan piles pressure on euro. LONDON/ FRANKFURT, April 16- Many of the factors driving the euro exchange rate to levels that have set off alarm. bells at the European Central Bank are unlikely to go away on.
HAVANA, April 16- Cuba's troubled sugar industry has entered the final stretch of this year's harvest, straining to equal last season's output of 1.6 million tonnes of raw sugar as the summer heat and rains begin. Only a handful of Cuba's 13 sugar producing provinces appear in position to meet their plans with all 48 mills that opened still grinding.
April 16- Yahoo Inc's shares rose as much as 9 percent in heavy trading on Wednesday, a day after Chinese internet company Alibaba Group Holding Ltd, in which it holds a 24 percent stake, reported a surge in quarterly revenue. At least nine brokerages raised their price targets on Yahoo's shares ahead of Alibaba's IPO filing, expected next week.
*Troop carriers enter east Ukraine bearing Russian, separatist flags. LONDON, April 16- Global oil prices rose above $110 a barrel on Wednesday, shaking off slower economic growth in China, as tensions mounted in Ukraine.
NEW YORK, April 16- The dollar edged lower against the euro for the first time in four trading sessions on Wednesday ahead of Federal Reserve Chair Janet Yellen's comments, but rose against the yen on signs of future buying of Tokyo stocks by Japan's state pension fund.
*Prices fall as China growth beats expectations, stocks rise. China, the world's second-largest economy, grew 7.4 percent in the January-March quarter from a year earlier, the National Bureau of Statistics said on Wednesday. "That momentarily took the air out of that move," said Jim Vogel, an interest rate strategist at FTN Financial in Memphis, Tennessee.
LONDON, April 16- Sharp sell-offs in copper and iron ore last month helped boost first-quarter exchange trading activity across the industrial metals. The return of volatility to the iron ore market, meanwhile, fired up trading volumes on the Singapore Exchange and the new Dalian Commodity Exchange contract.
April 16- Alibaba Group Holding Ltd's surprise surge in revenue and its upcoming IPO present a great opportunity for investors to load up on Yahoo Inc's shares, analysts said. Yahoo's shares, which have jumped 43 percent in the past year as CEO Marissa Mayer pushed ahead with her turnaround plan, were up 7 percent at $36.70 in premarket trading on Wednesday.
*Bank of America posts loss, shares fall. NEW YORK, April 16- U.S. stock index futures rose on Wednesday after China's economic growth came in above expectations and Yahoo shares rallied on the strength of revenue growth in Chinese e-commerce giant Alibaba, in which it has a stake.
*Japan finmin upbeat on economy, hints pension fund may act. LONDON, April 16- The yen fell against the dollar and the euro on Wednesday, hit by comments by Japan's finance minister that traders took as a sign of future buying of Tokyo stocks by its state pension fund.
*Euro STOXX 50 up 1 pct, moves back above 50- day moving average. PARIS, April 16- European shares rose on Wednesday, reversing the previous session's slide as economic growth data from China came a touch above forecasts. French utilities Veolia Environnement and Suez Environnement both surged around 3 percent, boosted by merger speculation.
NEW YORK— Moelis& Co. priced its initial public offering at $25 per share, which was below expectations. The New York investment bank plans to offer 6.5 million shares to raise $162.5 million.
LONDON, April 16- United Nations economists who previously called for government intervention to tame volatile swings in commodity prices say banks and hedge funds have since reduced their influence to the lowest level since 2008..
*Troop carriers enter east Ukraine bearing Russian, separatist flags. *China Q1 GDP growth at 18- month low of 7.4 percent. LONDON, April 16- The global oil price rose to $110 a barrel on Wednesday, shaking off slower economic growth figures in China, as tensions mounted in Ukraine.
*Gold steadies near 200- day moving average at $1,300. LONDON, April 16- Gold prices steadied on Wednesday after falling nearly 2 percent in the previous session, underpinned by escalating tensions in Ukraine but still under pressure from a weak chart picture and concerns over a slowdown in Chinese demand.
BEIJING/ WASHINGTON, April 16- China rejected on Wednesday a warning from the Obama administration that its currency was too weak, urging the United States to recognise that China aims to "perfect and regulate" the exchange rate system.
LONDON, April 16- The yen fell against the dollar and the euro on Wednesday, hit by comments by Japan's finance minister that traders took as a sign of future buying by its giant state pension fund of Tokyo stocks.