DETROIT-- Tesla Motors fell more than 5 percent in early trading Tuesday, a brief decline amid huge gains this month after the electric car maker posted its first quarterly profit. Tesla's stock price had jumped 74 percent between May 8, when first-quarter earnings were announced, and May 14, when it hit a 52- week high of $97.12.» Read More
BHP Billiton, the world's biggest mining company, boosted its iron ore output by 3 percent in the December quarter, as it races to supply more of the raw material to Chinese steelmakers despite signs of a softening market.
WASHINGTON, Jan 23- There is no firm date so far to start crafting a new U.S. farm bill, Frank Lucas, the head of the House Agriculture Committee, said on Wednesday. Lucas said Congress still needs to work out broader fiscal issues, which will ultimately determine how broad and deep the cuts to agriculture spending might have to be.
HONG KONG, Jan 23- Hong Kong shares slipped from a 19-1/ 2- month high on Wednesday, while China slipped further from a 7-1/ 2 month high, dragged by weakness among growth-sensitive counters as indexes faltered at chart resistance levels after a strong start to the year. The China Enterprises Index of the top Chinese listings in Hong Kong fell 0.6 percent.
SINGAPORE, Jan 23- Brent crude held above $112 a barrel on Wednesday, supported by a brighter outlook for the global economy while investors awaited inventory data from the United States for clues about demand in the world's largest oil consumer.
Jan 23- Russia's Veterinary and Phytosanitary Surveillance Service said it may impose a temporary ban on some U.S. and Canadian beef and pork products because they contain ractopamine. Ractopamine helps make meat leaner but is banned in 160 countries, including Russia, Belarus, Kazakhstan, China and the European Union.
LONDON, Jan 23- Prime Minister David Cameron on Wednesday promised Britons a vote on whether the country should stay in the European Union or leave, rattling London's biggest allies and some investors by raising the prospect of uncertainty and upheaval.
*Italy's Eni, Spain's Repsol operate in area. TRIPOLI, Jan 23- Libya has strengthened its oil protection force in southwestern oilfields near the Algerian border after the In Amenas attack in its neighbour. Libyan oilfields, like Italy's Eni's El Feel and Spain's Repsol's Sharara, are several hundred miles away.
TORONTO, Jan 23- Research In Motion has released a new system to allow its biggest customers to use its new line of BlackBerry 10 smartphones on their own networks, paving the way for the Jan. 30 launch of the make-or-break devices.
WASHINGTON, Jan 23- Fewer investors are taking corporate America to court for fraud. The number of new federal securities fraud lawsuits seeking class-action status fell to a 7- year low in 2012, according to a study by Stanford Law School and Cornerstone Research released on Wednesday.
SHANGHAI, Jan 23- The Chinese yuan firmed slightly on Wednesday morning after the central bank set a slightly stronger official midpoint to reflect a small fall in the dollar the day before.
SINGAPORE/ SYDNEY, Jan 23- The yen held firm on Wednesday, after surging the previous day as investors cut bearish bets on the currency as the monetary easing announced a day earlier by the Bank of Japan's fell short of some expectations.
*No change in fundamentals, China market quiet- trader. SINGAPORE, Jan 23- Copper edged down on Wednesday, but stayed near its highest in more than a week hit the previous day after the Bank of Japan announced aggressive monetary stimulus, while physical buying in China was quiet ahead of holidays next month.
The increase was slightly below analysts' forecasts, but the shortfall is unlikely to dent the ever-rising tonnages of Australian iron ore bound for the world's top buyer China, where demand growth is expected to slow this year.
*Spot gold may rise to $1,706/ oz- technicals. SINGAPORE, Jan 23- Gold held near a one-month high on Wednesday but faces a strong resistance at $1,700 an ounce, as it struggles to attract fresh buying from investors who opted for riskier assets against the backdrop of a global economic recovery.
SINGAPORE, Jan 23- Brent crude held above $112 a barrel on Wednesday, supported by a brighter outlook for the global economy while investors awaited inventory data from the United States for clues to demand in the world's largest oil consumer.
*Spokesman says White House will build on achievements. Just a day after President Barack Obama said in his inaugural address that for the United States not to respond to the threat of climate change would "betray our children and future generations," White House spokesman Jay Carney tamped down expectations for bold new moves.
*MSCI Asia ex- Japan up 0.1 pct, Nikkei falls 0.8 pct. The yen stabilized after firming as realisation sank in that monetary easing announced on Tuesday by the Bank of Japan had fallen short of some market expectations, though many analysts acknowledged that the BOJ was showing determination to pull Japan out of years of deflation and economic stagnation.
HONG KONG, Jan 23- Veteran Asia deal maker Jesse Bhattal, the former head of Nomura Holdings Inc's wholesale division who resigned a year ago amid an acrimonious restructuring, has joined investment bank Lazard Ltd as a senior adviser.
*Nikkei down 0.8 pct, Topix off 0.7 pct. TOKYO, Jan 23- Japan's Nikkei share average fell on Wednesday, heading for a third straight day of decline after the Bank of Japan's latest aggressive easing fell short of some expectations for immediate action, triggering profit-taking in exporters such as automakers.
SEATTLE/ TOKYO, Jan 22- In 2007, U.S. regulators cleared Boeing's use of a highly flammable battery in the 787 Dreamliner, deciding it was safe to let the lithium-ion battery burn out if it caught fire mid-air as long as the flames were contained, and smoke and fumes vented properly, according to documents reviewed by Reuters.