North Korea
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North Korea fired its fifth short-range missile in three days. South Korea's Defense Ministry said a missile had been fired on Monday morning.
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SEJONG, South Korea, April 16- South Korea's new government unveiled 5.3 trillion won in stimulus spending plans on Tuesday to generate jobs, support small business and bolster property prices hit by slow economic growth as well as fierce competitive pressure from the sliding yen.
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Richard Tanter, Professor in the School of Political and Social Studies at the University of Melbourne, says North Korea's provocative approach is hindering the process of negotiating peace in the region.
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TOKYO, April 15- Commodity-linked currencies were pummelled on Monday after data showed Chinese growth unexpectedly faltered in the first quarter, while the yen firmed after the United States said it would watch Japan's policies to ensure it was not manipulating its currency.
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MOSCOW- Moscow said on Saturday that Washington had dealt a severe blow to relations by barring 18 Russians from the United States over alleged human rights abuses, and in retaliation it banned 18 Americans from entering Russia.
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TOKYO, April 15- The dollar moved further away from last week's four-year high against the yen on Monday after the United States said it would watch Japan to ensure its policies were not aimed at weakening its currency. The Aussie dollar slipped 0.6 percent to $1.0439 as industrial output in China, Australia's biggest export market, also disappointed.
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*China Q1 GDP, industrial output undershoot forecasts. This raised investor sensitivity to data due this session from China, the world's second-largest economy.
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Moon Chung-In, Professor, Department of Political Science at Yonsei University says that John Kerry's proposal to start talks with North Korea was a better choice than engaging in any form of an attack on Pyongyang.
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*MSCI Asia ex- Japan down 0.2 pct, Nikkei opens down 1 pct. The MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.2 percent, after ending last week with a gain of 1.7 percent, its biggest such rise in three months.
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Richard Jerram, Chief Economist at Bank of Singapore weighs in on a whole host of issues including implications of threats from North Korea and expectations from China as it braces to release a slew of economic data.
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TOKYO, April 15- The dollar got off to a weaker start against the yen on Monday, well below last week's four-year high after the United States explicitly said it would watch to ensure Japan's policies were not aimed at weakening its currency.
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The so-called U.S.- China strategic and economic dialogue, an annual high-level forum, will be held in the week of July 8-12 in Washington, the Treasury Department said. Kerry has been meeting with China's leaders in Beijing this week, and the two countries agreed to make a joint effort to push for the peaceful denuclearization of the Korean peninsula.
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Secretary of State John Kerry said on Saturday said there had been enough confrontational language on North Korea and he did not want to get into a cycle of threats and counter-threats with the reclusive nation.
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*Brent trims losses after dropping $3 per barrel. NEW YORK, April 12- Brent crude oil fell to a nine-month low near $101 a barrel on Friday as a broad investor sell-off in commodities triggered a fall as much as $3 a barrel, but the global oil benchmark pared losses in afternoon New York trade as bargain hunters emerged.
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*Brent trims losses after dropping $3 per barrel. NEW YORK, April 12- Brent crude oil fell to a nine-month low near $101 a barrel on Friday as a broad investor sell-off in commodities triggered a fall as much as $3 a barrel, but the global oil benchmark pared losses in afternoon New York trade as bargain hunters emerged.
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Gold, silver and other metals such as copper also fell. "There's an underlying anxiety in the crude market about demand growth going forward into the second half of the year," said Andy Lebow, vice president at Jefferies Bache in New York. "Gold came off and industrials are really getting hit today.
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NEW YORK, April 12- Brent crude oil prices fell 2 percent to a nine-month low near $101 a barrel on Friday, falling for the third straight session as concerns about the strength of the world economy triggered heavy selling across commodities.
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*Brent trims losses after dropping $3 per barrel. NEW YORK, April 12- Crude oil prices tumbled Friday for a third straight day, with Brent touching a nine-month low, as U.S. gasoline and heating oil dragged prices down. Gold, silver and metals like copper all fell in high trading volumes.
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Friday's weak data from the United States followed forecasts for lower global oil demand growth for 2013 released this week by the International Energy Agency, the U.S. Energy Information Administration and the Organization of the Petroleum Exporting Countries.
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LONDON, April 12- Brent crude oil sank to an eight-month low near $102 a barrel on Friday as the outlook for global oil demand growth dimmed, although an improvement in U.S. jobs data put a floor under prices.
