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  • B/E Aerospace tops 1Q profit forecasts Thursday, 23 Apr 2015 | 5:03 AM ET

    WELLINGTON, Fla. _ B/E Aerospace Inc. on Thursday reported first-quarter earnings of $77.6 million. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 73 cents per share. B/E Aerospace expects full-year earnings to be $3.03 per share, with revenue expected to be $2.8 billion.

  • FOREX-Kiwi sinks on central bank comments, dollar gains Thursday, 23 Apr 2015 | 3:58 AM ET

    *New Zealand dollar hammered by hint at lower rates. LONDON, April 23- The New Zealand dollar was by far the biggest mover on major currency markets on Thursday, sinking 1.5 percent after a senior central banker pointed to the need for lower, not higher, interest rates. "It is a pretty easy way for the Reserve Bank to try and ensure that New Zealand does not lose out...

  • SYDNEY, April 23- Morgan Stanley's sale of its Australian real estate unit, Investa Property Group, is expected to fetch more than A $3 billion and has attracted more than 20 bids, a source with direct knowledge of the deal told Reuters. Nearly half of the bids came from Asia, including from China's biggest privately owned business Fosun International Ltd and...

  • *Asia still facing tough conditions, more China stimulus seen. April 23- Manufacturing activity in Asia's top two economic powerhouses slowed further in April, a disappointing outcome that calls for yet more stimulus and puts pressure on the United States and Europe to do more of the heavy lifting to drive global growth. The flash HSBC/ Markit Purchasing...

  • *China to cut export tariffs on aluminum products from May 1. MELBOURNE, April 23- London copper fell to its lowest level in a month on Thursday as a flash reading on China's factories showed activity shrank to its slowest in a year, fanning worries about already tepid demand. "Everyone has probably already decided that demand doesn't look great in China so a miss is...

  • DIARY- Top Economic Events to May 5 Wednesday, 22 Apr 2015 | 8:01 PM ET

    WASHINGTON- The Atlantic holds summit on the economy. WASHINGTON- Senate Finance Committee holds hearing on nominations of Anne Elizabeth Wall to be a deputy undersecretary of the Treasury and Brodi Fontenot to be chief financial officer, U.S. Department of the Treasury- 1800 GMT. RIGA- Germany's Bundesbank board member Andreas Dombret speech on developing...

  • SYDNEY, April 22- The euro edged lower on Wednesday, pressured by continued uncertainty over Greece's debt negotiations, while the Australian dollar rose after inflation data suggested an interest rate cut was not imminent. But market participants have little incentive to take positions in the euro, with Greece's debt negotiations hanging in the balance.

  • DIARY- Top Economic Events to May 4 Tuesday, 21 Apr 2015 | 8:01 PM ET

    NEW YORK- Germany's Bundesbank board member Andreas Dombret speaks on current situation in the euro area- 1700 GMT. WASHINGTON- Senate Finance Committee holds hearing on nominations of Anne Elizabeth Wall to be a deputy undersecretary of the Treasury and Brodi Fontenot to be chief financial officer, U.S. Department of the Treasury- 1800 GMT.

  • *Tin up nearly 5 percent as PT Timah cuts output. LONDON, April 21- Copper steadied on Tuesday as investors weighing the positive impact of a cut in China's bank reserve requirements against disappointing Chinese copper demand in what should be a seasonally strong quarter. China's copper demand has been weaker than expected so far in 2015, but will pick up in the...

  • *Copper backwardation weakens on prospects of rising supply. MELBOURNE, April 21- London copper erased early gains to trade lower on Tuesday and below four-week highs hit in the previous session as renewed worries over China's beleaguered property sector crimped relief over easing measures announced at the weekend. China's weekend stimulus was targeted to...

  • *Euro stays on defensive on worries over Greece. SINGAPORE/ TOKYO, April 21- The dollar edged higher against its peers on Tuesday, drawing support as the euro was pressured by increasing worries that Greece could default on its debt and eventually exit the single currency. The Greek concerns are keeping traders on the lookout to sell the euro on rallies, said...

  • *Copper backwardation weakens on prospects of rising supply. MELBOURNE, April 21- London copper inched higher on Tuesday but was below four-week highs hit in the previous session as the initial positive impact of a cut in China's bank reserve requirements was eclipsed by renewed worries over its beleaguered property sector. China's weekend stimulus was...

  • DIARY- Top Economic Events to April 30 Monday, 20 Apr 2015 | 8:01 PM ET

    SYDNEY- Reserve Bank of Australia to release the minutes of its April policy meeting- 0130 GMT. GENEVA- European Central Bank Supervisory Board Chair Daniele Nouy speaks at the International Center for Monetary and Banking Studies- 1630 GMT. STOCKHOLM- Sweden's Riksbank Deputy Governor Henry Ohlsson takes part in panel debate- 1115 GMT.

  • FOREX-Dollar rises as euro slips on Greece anxieties Monday, 20 Apr 2015 | 11:15 AM ET

    NEW YORK, April 20- The dollar rose on Monday as the euro slid half a percent against the U.S currency amid gathering concerns that Greece may default on debts. The euro was last off 0.50 percent against the dollar at $1.0752, weighed down by the European Central Bank's bond-buying program and the risk Greece could leave the single currency within months.

  • FOREX-Euro dips, China boost for Aussie dollar fades Monday, 20 Apr 2015 | 7:39 AM ET

    LONDON, April 20- The euro slid just over half a percent against the dollar in a slack start to the week on Monday dominated by the fallout of new economic stimulus in China and concerns over Greece. But allied to the programme of money-printing embarked upon by the European Central Bank, the risk of Greece leaving the single currency within months still looks to...

  • *Copper price recovers on supply concerns- Barclays. MELBOURNE, April 20- London copper rallied to its highest level in four weeks on Monday, before gains frittered away, after China cut the amount of cash that banks must hold as reserves to help combat a slowdown in growth in the world's second-biggest economy. The move could help buttress copper prices, which are...

  • *Aussie& kiwi outperform after latest stimulus by China. LONDON, April 20- The Australian and New Zealand dollars rose on Monday after China boosted banks' lending power to support Asia's biggest market, prodding investors globally into traditionally higher-risk currency plays. The latter touched a near one-month high of $0.7844 in Asia deals after the China...

  • *Iraqi Kurdish forces widen buffer around Kirkuk. SINGAPORE, April 20- Oil prices rose on Monday, extending last week's gains as a drop in the number of U.S. rigs drilling for crude pointed to lower supply later in the year, while China's latest stimulus measure also underpinned the market. Brent crude was up 70 cents at $64.15 a barrel by 0532 GMT.

  • *Aussie& kiwi outperform after latest stimulus by China. SINGAPORE/ SYDNEY, April 20- The Australian dollar rose on Monday after China boosted banks' lending power to support an economy that is Australia's largest export market, while the euro was weighed down by concerns over Greece's struggle to agree terms with creditors. China is the biggest export market for...

  • *Gold holds steady amid weaker dollar. SINGAPORE, April 20- Gold was little changed above $1,200 an ounce on Monday with a softer dollar providing support for the safe-haven metal, but a lack of robust physical demand and uncertainty over the timing of a U.S. interest rate hike kept investors on edge. "Gold is stuck near $1,200 as there is more interest in equity, oil...