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  • NEW YORK, April 19- In January 2014, veteran short-seller Bill Fleckenstein said he was readying a new fund to bet on falling stock prices. Despite lackluster U.S. economic data, a world grappling with slow growth, concern that Greece and Ukraine could default on their debts, the U.S. stock market has been more than resilient. "It all comes down to free money and that old...

  • SHANGHAI, April 18- China's team charged with hunting down officials suspected of corruption who have fled overseas is aged 30 on average, speaks foreign languages and is well educated, a Chinese official said, giving rare details of a secretive operation. The government launched Operation Fox Hunt last year to go after suspects who have left China to try and...

  • MINEOLA, N.Y.— The patients of a Long Island cardiologist accused of trying to hire someone to hurt or kill another doctor after a professional dispute are standing by him while he tries to retrieve his records so he can return to work, his attorney said Friday. They were seized when authorities raided Moschetto's home on Long Island's Gold Coast on Tuesday.

  • *Likely to mean lower exports to the United States, Japan. SYDNEY, April 17- Exports of Australian beef are likely to fall faster than previously expected as slaughter rates drop off as a two-year drought eases, threatening to add fuel to a rally in U.S. beef prices. U.S. prices soared after drought in California wilted pasture, cutting the national herd to a 63- year...

  • SINGAPORE, April 17- The dollar wallowed near a one-week low against a basket of major currencies on Friday and was on track for its biggest weekly drop in a month in the wake of poor U.S. economic data. "It has been a run of weak data in recent weeks, and that's clearly undermining the dollar at present," said Mitul Kotecha, head of FX strategy, Asia-Pacific for Barclays in...

  • DIARY- Top Economic Events to April 29 Thursday, 16 Apr 2015 | 8:01 PM ET

    WASHINGTON- 2015 Spring Meetings of the World Bank Group and the International Monetary Fund. WASHINGTON- Institute for International Finance hosts International Capital Markets and Emerging Markets Roundtable. NEW YORK- Reserve Bank of Australia Governor Glenn Stevens speaks at an American Australian Association luncheon hosted by Goldman Sachs- 1630...

  • April 16- Netflix Inc has been a stock market darling over the past few years and strong first-quarter subscriber additions sent its shares to another record high on Thursday. "I think if Netflix shares are valued based on its fundamentals, the share price is not warranted," Wedbush analyst Michael Pachter said. Netflix's shares jumped as much as 20 percent to...

  • *Soybeans firm on better-than-expected U.S. export sales. *Corn flat in choppy, range-bound trade. Corn and soybeans firmed in choppy trade.

  • Ex-Fed chair Bernanke joins hedge fund Citadel as advisor Thursday, 16 Apr 2015 | 10:59 AM ET

    BOSTON, April 16- Ben Bernanke, the former Federal Reserve chairman and one of the world's most closely watched economic thinkers, is joining one of the most successful hedge funds as an advisor, Citadel LLC said in a statement on Thursday. Last month former Federal Reserve Board governor Jeremy Stein joined BlueMountain as an advisor and Bernanke's...

  • April 16- Video streaming pioneer Netflix Inc will continue to dominate the online TV market, analysts said, as a growing number of original shows help the company win viewers internationally and increase its base in the United States. At least 22 brokerages raised their price targets on the stock by $25- $500 after Netflix, home to the Emmy-winning " House of Cards"...

  • *China bonded aluminium premiums slide $65 in 3 days. LONDON, April 16- Copper notched up its strongest gain in four weeks on Thursday on the back of a rally in Chinese stocks and hopes for more stimulus measures to boost the economy of the world's top metals consumer. "It does seem to be the case that with weakness in China, the markets are saying' We're going to get more...

  • SYDNEY/ DUBAI, April 16- Dubai's drive to develop its Islamic finance sector is fueling growth of sharia-compliant banking but the benefits are unevenly distributed, with some lenders struggling to compete against burgeoning competition. In 2013, Dubai's government announced plans to turn the emirate into a center for an "Islamic economy" with...

  • *Euro on retreat over Greece, fall in German yields. It faces new headwinds from signs that China, the main market for much of its output, is also slowing significantly. "Despite a slowing China and depressed iron ore prices the Aussie remains reluctant to head lower for now," said Angus Campbell, Senior Analyst at online brokerage Fx Pro in London.

  • *China bonded aluminium premiums drop $20 to $290. MELBOURNE, April 16- London copper edged higher on Thursday, but stayed near four-week lows, after weak U.S. factory growth dragged on the dollar, easing pressure on commodity prices. Still, malaise in China's economy, where growth hit its slowest pace in six years, was overshadowing copper demand in what is...

  • DIARY- Top Economic Events to April 28 Wednesday, 15 Apr 2015 | 8:01 PM ET

    WASHINGTON- European Central Bank Vice President Vitor Constancio speaks before the Levy Economics Institute of Bard College 24th Annual Hyman P. Minsky Conference on the State of the U.S. and World Economies- 1300 GMT. WASHINGTON- International Monetary Fund Deputy Managing Director Min Zhu, Central Bank of Malaysia Governor Zeti Akhtar Aziz, Turkey Deputy...

  • April 15- Video streaming pioneer Netflix Inc added more subscribers than projected in the United States and abroad during the first quarter, news that sent its shares up nearly 12 percent on Wednesday. Netflix added 2.6 million customers in its nearly 50 international markets in the quarter ended March 31, bringing the total to 62.27 million users worldwide.

  • April 15- Video streaming pioneer Netflix Inc added more subscribers in the first quarter than it had projected, helped by aggressive expansion in overseas markets. Shares of Netflix, which shook up internet television with original shows such as " House of Cards," rose about 13 percent after the bell on Wednesday. Netflix added 2.6 million customers in its nearly...

  • SYDNEY, April 15- Beijing's success in predicting the pulse of the world's second largest economy was on full view on Wednesday as growth handily matched its stated target, even if, for some analysts, the numbers don't always appear to add up. "Whether you believe economists are able to mark a reasonable consensus or you feel the data is massaged, we don't expect much...

  • *Copper demand not as bad as China headlines suggest- analyst. This is because you have weak data, but there could be supportive policies coming out, "said Xiao Fu, head of commodity market strategy at Bank of China International in London. Data showed China's quarterly growth dropped to its slowest in six years and weakness in key sectors fuelled expectations that...

  • SYDNEY, April 15- Beijing's success in predicting the pulse of the world's second largest economy was on full view on Wednesday as growth handily matched its stated target, even if, for some analysts, the numbers don't always appear to add up. "Whether you believe economists are able to mark a reasonable consensus or you feel the data is massaged, we don't expect much...