The strong performance of the so-called "fragile five" currencies has marked a return to favor for the so-called carry trade.» Read More
*Yen firm as Tokyo shares slip on lack of US-Japan trade pact. LONDON, April 24- The euro gave up gains against the dollar on Thursday, after ECB President Mario Draghi once again flagged the risk of asset purchases to ward off deflation risks and said a rise in the euro could trigger policy action.
*Chinese factory activity shrank again in April. *Euro zone businesses enjoy best month in nearly three years.
LONDON, April 23- German shares may overtake their Italian and Spanish peers as Europe's star performers this quarter, boosted by better corporate earnings at a time when expensive valuations are making investors more selective.
LONDON, April 23- European shares edged down on Wednesday after three days of gains as signs of a still stuttering Chinese economy and rising worries about Ukraine offset a reassuring set of European economic numbers.
LONDON/ BEIJING, April 23- Chinese factory activity shrank for the fourth straight month in April but private businesses across the euro zone enjoyed their best month in nearly three years, surveys showed on Wednesday. Within the euro zone, Germany- Europe's largest economy- saw activity accelerate whereas in France, the bloc's second biggest, momentum waned.
LONDON, April 23- European shares edged down on Wednesday after three days of gains as data showing China's economy was still stuttering offset some broadly reassuring European purchasing manager index numbers.
LONDON— Lackluster economic data out of China and the U.S. offset a string of positive developments in Europe to keep a lid on global stock markets on Wednesday following a strong run, particularly on Wall Street. In Europe, the FTSE 100 index of leading British shares closed down 0.1 percent at 6,674.74 while Germany's DAX fell 0.6 percent to 9,544.19.
BEIJING, April 23- China shares fell on Wednesday, with sentiment bogged down by a preliminary survey showing Chinese manufacturing activity contracted for a fourth straight month in April.
*China Mobile shares down on weak Q1 results. BEIJING, April 23- Hong Kong shares eased on Wednesday, hurt by a sell-off in telecoms shares after the mainland's biggest carrier China Mobile posted its third straight quarterly decline in profits.
SINGAPORE, April 23- The Australian dollar slid on Wednesday after data showed that Australian consumer prices rose less than expected in the first quarter, lessening the risk of a rise in domestic interest rates this year. Other major currencies were subdued, with the euro edging up 0.1 percent to around $1.3817, while the dollar eased 0.1 percent to 102.55 yen.
*China factory activity shrinks for 4th month- HSBC. SINGAPORE, April 23- Nickel raced to its highest level in more than 14 months on Wednesday as tighter supplies kept the rally going in the metal that has gained a third this year, while a sustained contraction in China's factory activity weighed on copper.
TOKYO— Shares were mixed in Asia on Wednesday, as weak data from China sapped upward momentum from an overnight rally on a flurry of deals in the pharmaceutical sector. Overnight, U.S. financial data and corporate earnings helped spur gains from deals by Switzerland's Novartis with Britain's GlaxoSmithKline PLC and the Eli Lilly& Co. of the U.S.
BEIJING, April 23- China's factory activity shrank for the fourth straight month in April, signalling economic weakness into the second quarter, a preliminary survey showed on Wednesday, although the pace of decline eased helped by policy steps to arrest the slowdown.
HONG KONG— Factory activity in China shrank for the fourth straight month in April, though the decline was slightly slower, a survey on Wednesday said, in a possible sign the slowdown in the world's No. 2 economy is stabilizing.
BEIJING, April 23- China's manufacturing downturn eased slightly in April as declines in new orders and output slowed, a preliminary survey showed on Wednesday, though factory activity showed an overall contraction for the fourth straight month.
SINGAPORE, April 23- London copper futures edged lower on Wednesday ahead of reading on China's manufacturing activity, with a further contraction likely to cut the appetite for risky assets, although nickel hit the highest in more than 14 months on tighter supply.
SYDNEY, April 23- Asian shares crept higher on Wednesday following merger-driven gains in Europe and on Wall Street, though investors were wary in case coming figures on Chinese manufacturing again disappointed. MSCI's broadest index of Asia-Pacific shares outside Japan added 0.15 percent.
WASHINGTON— Commerce Department releases new home sales for March, 10 a.m.. Michelin reports first quarter sales. Procter& Gamble Co. releases quarterly financial results before the market opens.
HONG KONG— World stocks fluctuated Tuesday as a Wall Street rally powered by positive earnings reports offset investor cautiousness before a report on Chinese manufacturing and possible sanctions against Russia over Ukraine.
*China nickel ore imports from Indonesia down sharply. SINGAPORE, April 22- Nickel futures hit their highest in more than 14 months on Tuesday as an Indonesian ban on mineral ore exports kept supplies tight, with tensions in Ukraine also posing a risk to flows from key producer Russia.