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  • FOREX -Dollar gains in light, post-Christmas trading Friday, 26 Dec 2014 | 10:09 AM ET

    *Japan inflation slows, highlights BOJ's struggles. There's going to be a dip-buying mentality "said Rob Zukowski, senior technical analyst at 4 Cast Ltd. based in New York. Data on Tuesday that showed the U.S. economy growing at its fastest quarterly pace in 11 years underscored the divergence in paths between the world's largest economy and those of Japan and...

  • LONDON, Dec 26- Gold gained around 2 percent in thin post-Christmas trading on Friday, as crude oil prices edged higher and the dollar remained flat against a basket of major currencies. Spot gold gained as much as 2.1 percent to a session high of $1,199.00 an ounce in early trade and was up 1.8 percent at $1,194.21 at 1425 GMT, well above a three-week low of $1,170.17...

  • NEW YORK, Dec 26- U.S. At the same time the Treasury sold $104 billion in new intermediate-dated supply. "Anytime bonds came out for sale everyone was backing up their bids and letting prices fall to where the auctions would attract sizable overseas interest," said Jim Vogel, an interest rate strategist at FTN Financial in Memphis, Tennessee.

  • Fight looming over New England fishing territory Friday, 26 Dec 2014 | 9:14 AM ET

    PORTLAND, Maine— Scientists awaiting a long-anticipated fishery management plan in New England waters are concerned federal regulators won't take aggressive enough steps to protect the habitat. The New England Fishery Management Council has been working for several years on a habitat management plan for federal waters from Maine to Rhode Island and is...

  • S&P deal on mortgage bond ratings near: Report Friday, 26 Dec 2014 | 6:52 AM ET

    Standard & Poor's Ratings Services is nearing a settlement with regulators over how the company graded real-estate bonds.

  • S. Korean official arrested over nut rage incident Friday, 26 Dec 2014 | 4:49 AM ET

    The official was suspected of providing the information to a Korean Air Lines executive, who allegedly tried to cover up the incident. Cho, the daughter of Korean Air's chairman, resigned as vice president at the airline earlier this month amid mounting public criticism that she forced a Dec. 5 plane bound for South Korea from New York to return to a gate and kicked...

  • Sony film mess reflects gadgets-entertainment gap Friday, 26 Dec 2014 | 2:05 AM ET

    TOKYO— Sony's iconic gadgetry and the star appeal of Hollywood may have appeared to be a perfect match when the electronics giant bought Columbia Pictures in 1989. A quarter century later, it's apparent that Sony Corp. has not attained the magic synergy it was hoping for. The stolid silence of Sony's Tokyo headquarters over the hoopla surrounding Sony...

  • 5 things to know about Alamo Village Friday, 26 Dec 2014 | 1:50 AM ET

    BRACKETTVILLE, Texas— A Texas businessman wants to revive Alamo Village, the movie set built by John Wayne for his epic film about the historic Alamo siege. —Nearly a half-dozen Alamo- themed TV shows or movies were made there, as well as hundreds of other productions. One was the acclaimed 1989 TV miniseries "Lonesome Dove," where Alamo Village served as a stand-in for...

  • Texas movie set used by John Wayne fading away Friday, 26 Dec 2014 | 1:43 AM ET

    "It's not just something that represents history to a movie set— it is now history for sure," says Rich Curilla, the one-man curator and custodian of the now-closed Alamo Village. Alamo Village, a 400- acre plot of land about 120 miles west of San Antonio, was carved out of a large ranch in the late 1950 s for Wayne's directorial debut. Unlike the real Alamo, which is...

  • BEIJING, Dec 26- The Chinese government said on Friday that it will soon settle its antitrust investigation of U.S. mobile chipmaker Qualcomm Inc.. The NDRC also said it had completed its seventh round of discussions with Qualcomm President Derek Aberle and his team earlier this month. Qualcomm will continue to cooperate with the regulator to reach a...

  • College sees small, big benefits with loan promise Friday, 26 Dec 2014 | 1:28 AM ET

    ADRIAN, Mich.— When it came time to pick a college, Abby Slusher leaned toward a private school near her southeastern Michigan home for the small campus and class sizes. Her mother pushed Adrian College for another reason: A new program guaranteeing every graduate would make more than $37,000, or get some or all student loans reimbursed. Adrian is among the first...

  • BEIJING, Dec 26- The Chinese government said on Friday that it will soon settle its antitrust investigation of U.S. mobile chipmaker Qualcomm Inc.. The National Development and Reform Commission, the country's anti-monopoly regulator that launched its probe of the San Diego- based company 13 months ago, said the case would be settled according to the law,...

  • US stocks edge higher in quiet trading Friday, 26 Dec 2014 | 12:40 AM ET

    TOKYO— Shares were mostly higher in quiet trading Friday in Asia, as most markets in the region and across the globe were closed for Christmas holidays. KEEPING SCORE: Japan's Nikkei 225 stock index edged 0.1 percent higher to 17,818.50 and South Korea's Kospi gained 0.1 percent to 1,948.41. JAPAN DATA: Shares recovered lost ground on expectations of further...

  • *Japan inflation slows, highlights BOJ's struggles. Market participants expected it would still take a bit of time for business to resume in full swing, with key markets in the region such Australia, Hong Kong and Singapore closed on Friday. There is no change to our view that the yen will continue to weaken as the recovery in U.S. economic fundamentals, which is at...

  • S&P nears settlement on real-estate bond ratings - WSJ Thursday, 25 Dec 2014 | 10:34 PM ET

    Dec 25- Standard& Poor's Ratings Services is nearing a settlement with regulators over their investigation of how the company graded real-estate bonds, the Wall Street Journal reported, citing people familiar with the matter. The proposed deal, which could be reached as early as next month, is a joint settlement with the Securities and Exchange Commission, New...

  • Shares mostly higher in quiet holiday trading Thursday, 25 Dec 2014 | 10:19 PM ET

    Japan's benchmark edged lower after the government reported lackluster inflation, industrial production and household spending for November. KEEPING SCORE: Japan's Nikkei 225 stock index slipped 0.2 percent to 17,779.18 and Singapore's Straits Times index edged 0.1 percent lower to 3,342.20. JAPAN DATA: Japan's inflation rate eased slightly in...

  • SEATTLE— Washington state's minimum wage will rise to the highest in the nation on Jan. 1. The Seattle Times reports that the minimum wage in the state will hit $9.47 an hour then. Washington and Oregon, along with 18 other states, are set to increase their minimum wages on New Year's Day, according to the nonprofit National Employment Law Project.

  • *Japan inflation slows, highlights BOJ's struggles. Market participants expected it would still take a bit of time for business to resume in full swing, with key markets in the region such Australia, Hong Kong and Singapore closed on Friday. There is no change to our view that the yen will continue to weaken as the recovery in U.S. economic fundamentals, which is at...

  • Michigan's population creeping up as autos recover Thursday, 25 Dec 2014 | 5:28 PM ET

    DETROIT— After years of declining population, industrial Michigan finally seems to be on track toward growth again, the state's demographer says. Despite the rise, Michigan dropped to the 10th most-populous state this year as North Carolina jumped to No. 9.. And the number of people moving to Michigan continues to trail the number migrating elsewhere, with...

  • Revenue falls short for road projects in Arizona Thursday, 25 Dec 2014 | 3:16 PM ET

    PHOENIX— A Maricopa County sales tax increase adopted a decade ago has raised more than $3.1 billion for dozens of freeway, street and transit projects, but that's still $1 billion less than initially projected. The Arizona Republic reported Thursday that the revenue gap is expected to widen to about $3.2 billion over the next decade, until the Proposition 400...