Samsung Electronics said Monday it had made a key breakthrough in developing mobile technologies for so-called fifth-generation networks. The New York Times reports.» Read More
*MSCI Asia ex- Japan steady, Nikkei opens up 0.3 pct. TOKYO, May 14- Asian shares paused from selling on Tuesday while the dollar was underpinned by better-than-expected U.S. retail sales suggesting a steady recovery in the world's largest economy.
BISMARCK, N.D.-- Bobcat Co. is investing $20 million in an expansion and renovations in Bismarck, about 3 1/ 2 years after closing its manufacturing plant and laying off nearly 500 workers.
LONDON, May 13- Two of the world's biggest market infrastructure companies are joining forces to help banks track down enough cash to underpin their derivatives trades, spurred by new regulation that aims to make safe a traditionally risky area of business.
Samsung Electronics said Monday it had made a key breakthrough in developing mobile technologies for so-called fifth-generation networks. The New York Times reports.
SINGAPORE, May 13- Following is a table of planned Asian naphtha crackers and European/U. Table 1: New naphtha/gas crackers in Asia. Table 2: Upcoming expansions in Asia.
SEOUL/ SINGAPORE, May 13- Petrochemical firms risk creating a glut of high-end products in Asia as they invest billions of dollars to move up a value chain threatened at the bottom end by cheap U.S. ethylene.
*MSCI Asia ex- Japan down 0.3 pct, Nikkei opens 1 pct higher. The dollar's firmness was also cemented after Japan avoided criticism from its peers for pursuing bold reflationary policies which have resulted in a steady decline of the Japanese currency.
SHANGHAI, May 13- Investors convinced China's currency is once again a one-way bet upward should think again: signs of slowing economic growth could cut short the yuan's rally. Investors and companies have been pouring funds into China in recent months, helping send the yuan to a series of record highs.
LONDON, May 10- Most investors see the yen's latest lunge as a byproduct of the rich world's money printing gambit and not a deliberate escalation in a notional currency war, but it is raising concerns about possible new ructions.
FRANKFURT, May 10- Planned European levies on Chinese solar panels will only go some way to halt a rout among equipment makers who face the paradox of a booming market but falling revenues- and could suffer even more if a trade war erupts.
JAKARTA, May 10- China National Offshore Company, China's largest offshore oil and gas producer, will increase the price it pays for gas from BP's Tannguh project in Indonesia, the head of Indonesia's energy regulator said on Friday.
*Australia, Korea cut rates, NZ intervenes. Fears that a global currency war is brewing were fuelled when the Reserve Bank of Australia and Bank of Korea both cut interest rates this week, citing the strength of their currencies as one of the reasons to act.
*India's federal gov't to decide on POSCO iron ore mining licence- court. *POSCO says order will help to expedite project.
*Data shows Japan investors finally start buying foreign bonds. TOKYO, May 10- The yen weakened past 100 per dollar, giving Japanese Prime Minister Shinzo Abe a symbolic victory for his easy money policies, with markets bracing for further declines in the currency that could rise tensions with trading partners.
*India's federal gov't to decide on POSCO iron ore mining licence- court. NEW DELHI, May 10- POSCO's planned $12 billion project in India got a boost on Friday after a top court said the federal government will decide on giving the South Korean steelmaker's long-delayed plant preferential access to iron ore.
TOKYO, May 10- The dollar extended its relentless rally against the Japanese currency on Friday to break above 101 to its highest since April 2009, after signs that Japanese investors are buying more foreign assets provided yet another reason to sell yen. The dollar last bought 101.03 yen on the EBS trading platform, after scaling to 101.20.
TOKYO, May 10- Japanese Prime Minister Shinzo Abe scored another small victory as the yen broke below major support of 100 to the dollar, with markets bracing for further declines over the course of the year that would underpin the export-reliant economy.
TOKYO, May 10- The dollar extended its relentless rally against the Japanese currency on Friday to break above 101, its highest since April 2009, after shooting through the 100 mark in the previous session.
TOKYO, May 10- Japanese Prime Minister Shinzo Abe scored another small victory as the yen broke below major support of 100 to the dollar, with analysts predicting further declines over the course of the year that would underpin the export-dependent economy.
*The benchmark U.S. crude oil contract, for June, dropped 41 cents to $95.98 a barrel by 0101 GMT, after settling down 23 cents at $96.39. It ended 13 cents higher at $104.47 per barrel on Thursday, up more than $1 from a session low of $103.45.