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  • SINGAPORE, Jan 21- Chicago corn rose to a one-month high on Thursday, climbing for a fourth consecutive session, buoyed by South African imports and expectations of lower U.S. planting this year. Chicago Board of Trade most-active corn rose 0.3 percent to $3.69-3/ 4 a bushel by 0304 GMT, highest since Dec. 22. "U.S. farmers are likely to reduce corn acreage which has...

  • Jan 21- General Motors Co' s China head:. *Says no change to current capacity plans despite the slowing economy. *Says no major changes to workforce plan.

  • LOS ANGELES, Jan 20- Air quality regulators agreed on Wednesday to scrap a proposal to capture and burn off some of the methane spewing into the air from a subterranean pipeline rupture that has forced thousands of Los Angeles residents from their homes since October. The stench of odorized methane fumes has sickened scores of people and led to efforts to...

  • *Gold trading close to $1,100/ oz. MANILA, Jan 21- Gold stayed near a 1-1/ 2- week high on Thursday in Asia, its safe-haven appeal apparently intact amid investor caution that a recovery in equities and oil prices could be fleeting. It's no surprise that gold has edged higher along with other safe-havens like the Japanese yen because "the risk aversion story is here",...

  • TOKYO, Jan 21- Battered crude oil prices bounced back from their lows on Thursday, propelling solid gains in Asian shares and the dollar. March oil futures fell nearly 4 percent on the day to close at $28.35 a barrel, but they were up 1.2 percent in Asian trade at $28.70, a far cry from the expiring contract on U.S. crude for February delivery, which slid 6.7 percent to...

  • WASHINGTON, Jan 20- Lockheed Martin Corp released data on Wednesday for Sikorsky Aircraft that showed the company it acquired from United Technologies Corp for $9 billion in November generated a net profit in the first three quarters of 2015.. Lockheed told the U.S. Securities and Exchange Commission in an amended filing that if Sikorsky had been a...

  • It reported a non-GAAP operating profit of $74.2 million for the fiscal third quarter ended Dec. 31, a decline from $78.6 million, reflecting the move to exit its historic computer mouse business over the past year. Analysts were looking for an operating profit of $73.11 million, on average, according to Thomson Reuters I/B/E/S data. Net sales in the December...

  • SYDNEY, Jan 21- U.S. soybeans rose on Thursday, rebounding from their lowest in more than a week touched in the previous session, but gains were curbed as bumper South American production stoked ample global supply. *Chicago Board of Trade front-month soybeans climbed 0.4 percent to $8.77-1/ 2 a bushel, having closed down 1.1 percent on Wednesday when prices marked...

  • *Around 200 jobs likely to go in Asia- source. HONG KONG, Jan 21- Barclays will close its cash equities business across Asia and exit South Korea and Taiwan entirely, according to a memo seen by Reuters and a person with direct knowledge of the matter, as part of a global cost-cutting plan to boost profits. The London- based lender will close its equity research, sales and...

  • WASHINGTON/ NEW YORK, Jan 20- Senate Agriculture Committee Chairman Pat Roberts has asked for a full explanation from the U.S. Commodity Futures Trading Commission for an accounting error that led auditor KPMG to withdraw nearly a decade of financial opinions about the agency's accounts. The request comes after Reuters exclusively reported on Tuesday that...

  • *Hong Kong dollar and stocks firmer after Wednesday tumble. SHANGHAI, Jan 21- China's fragile stock markets started weaker on Thursday after Wall Street struck its lowest levels since 2014, though the main indexes for Shanghai and Shenzhen bourses still clung to gains for the week. The CSI300 index of the largest listed companies in Shanghai and Shenzhen eased...

  • TOKYO, Jan 21- Japanese stocks rebounded on Thursday morning after a weaker yen and a respite in the global crude selloff helped sentiment. "We've been stuck in a downward trend channel and, in the long term that 17,000 point level is going to be an imperative test for the Nikkei," said Gavin Parry, managing director at Parry International Trading.

  • TAIPEI, Jan 21- Taiwan stocks rose on Thursday mainly tracking overseas markets, but are still around their lowest in more than four months. As of 0202 GMT, the main TAIEX index rose 0.2 percent, to 7,715.57 points, after closing down 2 percent in the previous session. The Taiwan dollar firmed T $0.128 to T $33.698 per U.S. dollar.

  • SINGAPORE, Jan 21- Oil prices stabilised in early trading on Thursday after hitting fresh 2003 lows the session before, but analysts said a persistent global glut would keep pressuring markets. On Thursday, oil prices stabilised, with front-month West Texas Intermediate crude futures trading at $28.66 per barrel at 0155 GMT, up 31 cents from its previous close.

  • SHANGHAI, Jan 21- China stocks opened lower on Thursday, as the rout in global markets accelerates amid global economic growth and commodity price fears. "Recently, buying in late afternoon trading session hints at the' national team' at work, while the PBOC is determined to squeeze the CNH shorts," Hong Hao, managing director of research at BOCOM International wrote...

  • MELBOURNE, Jan 21- London copper climbed on Monday as oil prices stabilised, soothing concerns that a deepening rout could pull back a global economic recovery, with traders keeping a wary eye on developments in China's stockmarkets for clues to its economic health. *Three-month copper on the London Metal Exchange had climbed 1 percent to $4,403 a tonne by 0137...

  • *Seoul to boost cooperation with Iran. "South Korea must reduce its exports reliance on China and diversify export markets, and Iran, where a huge burden has been lifted regarding export ties, will serve as a new opportunity," the trade ministry said. Earlier this week, data showed fourth quarter economic growth in China, South Korea's biggest trade partner, slowed to...

  • SEOUL, Jan 21- South Korea will boost economic cooperation with Iran, it said on Thursday, after sanctions on Iran were lifted earlier this week. The Ministry of Trade, Industry and Energy said in a statement it will sign a $2 billion contract for trade insurance financing with Iran, while it will also restore Iran's eligibility to be a recipient country for its...

  • MANILA, Jan 21- Gold dropped early on Thursday in Asia, slipping from a 1-1/ 2- week high, as battered stocks bounced back along with U.S. crude. *Spot gold was off 0.2 percent at $1,099.40 an ounce by 0039 GMT, after touching $1,109.20 on Wednesday, its highest since Jan. 8. *U.S. gold for February delivery slipped 0.6 percent to $1,099.60 an ounce.

  • *Report of official saying Tokyo watching market closely buoy USD. But an overnight report by Bloomberg quoting an unnamed Tokyo official that authorities were "closely watching the currency markets" lifted the dollar off one-year lows, traders said. "That a Japanese official was reportedly prompted to speak on the yen was likely due to the excessive move seen...