SHANGHAI, Oct 22- China's yuan hit its highest level against the dollar since early March on Wednesday, as the breach of a psychological resistance level sparked follow-through buying, traders said. The yuan was also buoyed by data on Tuesday which showed China's economy did not slow as much as feared in the third quarter, traders said. The currency trimmed some...» Read More
*Average hourly earnings up 6 cents, workweek steady. WASHINGTON, July 3- U.S. employment growth jumped in June and the jobless rate closed in on a six-year low, decisive evidence the economy was moving forward at a brisk clip after a surprisingly big slump at the start of the year.
PARIS, July 3- Euro zone finance ministers will discuss on Monday ways to bolster the use of the euro in international trade in the aftermath of BNP's record U.S. fine, France's finance minister said, adding that other banks could face the same fate as BNP.
July 3- NQ Mobile Inc's independent auditor has informed the company that it will need to expand the scope of its 2013 audit, the Chinese mobile security software maker said. The stock has been volatile after short-seller Muddy Waters Research Group called NQ Mobile a "massive fraud" in October, a charge the Chinese company rejected.
*Payrolls much higher than forecast, unemployment rate matches lowest since Sept 2008. NEW YORK, July 3- U.S. stocks were set to rise at the open on Thursday after the unemployment rate fell to its lowest in almost six years and the American economy created many more jobs than forecast.
LONDON, July 3- When Indonesia banned the export of unprocessed minerals in January of this year, the consensus view was that the most significant impact would be on the nickel and aluminum raw material markets in that order.
*June measures expected to lift inflation, support lending. *ECB prepared to countenance QE if necessary. FRANKFURT, July 3- A raft of policy measures introduced last month will help lift inflation and support bank lending but the European Central Bank stands ready to create money in future if required, President Mario Draghi said on Thursday.
*Libya reaches deal with rebels to reopen oil ports. LONDON, July 3- Brent crude futures fell below $111 a barrel on Thursday as supply fears began to ease after Libya declared an end to an oil crisis that has slashed exports from the OPEC member. The question now is how long it will take for flows to come out, "said Ole Hansen, senior commodity strategist at Saxo Bank.
FRANKFURT, July 3- European Central Bank President Mario Draghi said on Thursday that risks facing the euro zone economy meant interest rates will stay low for an extended period. "The risks surrounding the economic outlook for the euro area remain on the downside," Draghi said at a news conference after the bank had left interest rates unchanged.
July 3- Activist hedge fund Jana Partners LLC said it planned to ask PetSmart Inc to explore a sale, sending the pet products retailer's shares up 13 percent in premarket trading.
*UK services slows more than forecast in June, but robust. LONDON, July 3- Growth in Britain's dominant services industry slowed more than expected in June, but the economy as a whole appears to have expanded robustly over the past three months, a survey showed on Thursday.
FRANKFURT, July 3- Following is the text of the European Central Bank's statement issued after its policy meeting on Thursday, where it left interest rates unchanged at record lows. Based on our regular economic and monetary analyses, we decided to keep the key ECB interest rates unchanged.
July 3- U.S. employment growth jumped in June and the unemployment rate declined to near a six-year low of 6.1 percent, effectively dispelling fears about the economy's health and underscoring its momentum heading into the second half of 2014.. *U-6 unemployment down to 12.1 percent from 12.2 percent, and the lowest since October 2008.
OTTAWA, July 3- A resumption of growth in Canadian exports in May, after some plant maintenance in April, helped cut the trade gap to C $152 million from C $961 million in April, despite record imports, Statistics Canada said on Thursday.
July 3- Chinese mobile security software maker NQ Mobile Inc said its independent auditor, PricewaterhouseCoopers Zhong Tian LLP, informed the company that it would need to expand the scope of its 2013 audit. NQ said its board and audit committee are considering PricewaterhouseCoopers' request.
*Average hourly earnings up 6 cents, workweek steady. WASHINGTON, July 3- U.S. employment growth jumped in June and the unemployment rate declined to near a six-year low of 6.1 percent, effectively dispelling fears about the economy's health and underscoring its momentum heading into the second half of 2014..
WASHINGTON, July 3- The U.S. trade deficit narrowed a bit more than expected in May as exports jumped to a record high, suggesting trade could be less of a drag on second quarter growth than earlier feared. The Commerce Department said on Thursday the trade gap fell 5.6 percent to $44.4 billion.
WASHINGTON, July 3- The number of Americans filing new claims for unemployment benefits rose marginally last week, but continued to suggest the labor market was steadily improving. Initial claims for state unemployment benefits rose by 2,000 to a seasonally adjusted 315,000 for the week ended June 28, the Labor Department said on Thursday.
*Investors encouraged by economic data from U.S., China. KUALA LUMPUR, July 3- Copper prices held near their highest level in more than four months on Thursday, with investors expecting that a recovery in the economies of the United States and top consumer China will help spur demand for industrial metals.
DUBAI, July 3- Dubai World, one of the emirate's big state-owned conglomerates, has made a second early repayment worth around $300 million under its $25 billion debt restructuring plan, sources familiar with the matter said on Thursday.
Subaru of America is recalling 660,238 Outback, Legacy, Impreza and Forester vehicles registered in cold-weather U.S. states.