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  • TOKYO, April 3- Japanese government bond prices were mostly lower on Friday as an overnight retreat by U.S. The five-year yield, on the other hand, stood unchanged at 0.095 percent thanks to firm results at the Bank of Japan's regular debt-buying operation. The BOJ offered to buy a total of 1.15 trillion yen of one-year to 10- year JGBs from the market on Friday.

  • *Shanghai nickel's gains follow recovery in LME from 6- year low. SINGAPORE, April 3- Shanghai nickel climbed nearly 3 percent on Friday, tracking a recovery in London futures from six-year lows plumbed this week in a sell-off fueled by worries over weak demand for stainless steel in China. The Shanghai exchange began trading nickel and tin futures on March 27,...

  • *CSI300 flat; SSEC -0.2 pct; Hong Kong shut for holiday. By Samuel Shen and Pete Sweeney. China's securities regulator said late on Thursday it approved 30 initial public offerings, which analysts said could lock up as much as 3.7 trillion yuan in subscription funds over the next two weeks.

  • SHANGHAI, April 3- China's yuan firmed slightly against the dollar on Friday, with a six-week-high central bank midpoint helping offset corporate dollar demand before a long holiday weekend, traders said. The People's Bank of China fixed the official midpoint rate at 6.1348 per dollar before the market opened, the highest level since Feb. 17 and 0.08 percent...

  • *Nonfarm payrolls forecast rising 245,000 in March. WASHINGTON, April 3- U.S. job growth likely remained solid in March, which should allay fears over recent economic weakness and keep the Federal Reserve on course to start raising interest rates this year. The labor market has largely shrugged off a harsh winter, a buoyant dollar, weaker global demand and a...

  • SHANGHAI, April 3- Cloud Live Tech Group, a troubled Chinese internet technology firm, is in danger of defaulting on 240 million yuan of interest and principal payments due to bond investors on April 7th, the firm announced late Thursday. However, the Chaori default, initially hailed as a major step forward in rationalizing the price of credit in China by allowing...

  • WASHINGTON/ OTTAWA, April 2- Canada declined a U.S. invitation last week to jointly announce climate policy cooperation with Mexico, with Ottawa saying it has not yet finalized its own domestic strategy, sources from both countries familiar with the discussions said on Thursday. On March 24, three days before the United States and Mexico announced they would...

  • BEIJING, April 3- China's recently launched deposit insurance scheme is unlikely to have a major impact on banks and premiums for the scheme will be much lower than in other countries, deputy central bank governor Pan Gongsheng said on Friday. Pan also told a media conference in Beijing that the scheme would not affect the ability of small banks to attract...

  • *DeNA jumps 6.8 pct after brokerage upgrade. TOKYO, April 3- Japan's Nikkei share average edged up on Friday morning in choppy trade as investors shied away from large positions before key U.S. jobs data due later in the day. "The Japanese market will likely stay directionless until investors see how U.S. markets react to the data," said Fujio Ando, senior managing...

  • SINGAPORE, April 3- Gold fell below $1,200 an ounce on Friday as the dollar regained some lost ground ahead of a U.S. jobs report that will provide clues on when the Federal Reserve will hike interest rates. Spot gold was off 0.2 percent at $1,199.36 an ounce Gold jumped nearly 2 percent on Wednesday in its sharpest single-day gain in two months after U.S. private...

  • NEW YORK/ BOSTON, April 2- Some top shareholders of IBM, disappointed by 11 straight quarters of falling revenues, are seeking help from activist investors to shake up the company, but have been turned down by both Bill Ackman's Pershing Square and Jeffrey Ubben's ValueAct, according to people with knowledge of the matter. International Business Machines Corp is...

  • *HSBC/ Markit index at 52.3, up from Feb's 52.0. BEIJING, April 3- China's services sector expanded in March even as growth in employment and new business fell to their lowest in at least eight months, a private survey showed on Friday, in yet another sign that the weak Chinese economy may need more policy aid. "Chinese manufacturers and service providers both managed...

  • April 2- Former UBS AG executive Hansruedi Schumacher pleaded guilty to conspiring to defraud the United States by helping wealthy Americans hide their money from tax authorities. Raoul Weil, who headed wealth management at Zurich- based UBS, was acquitted in November last year for helping thousands of U.S. taxpayers hide up to $20 billion in assets in offshore...

  • BEIJING, April 3- China's services sector expanded in March even as growth in employment and new businesses fell to the slowest pace in at least eight months, a private survey showed on Friday, another sign that the weak Chinese economy may need more policy aid. The data resonates with three other PMIs released earlier this week that showed stubborn weakness in...

  • *China factory capacity seen up to 100,000 cars per year. TOKYO, April 3- Japan's Toyota Motor Corp will spend about 150 billion yen to build two new car plants in Mexico and China, two people familiar with plans said, ending a three-year freeze imposed after unchecked growth lumbered the world's biggest auto maker with too many idle production lines.

  • SAN FRANCISCO, April 2- California oil producers used 214 acre-feet of water, equivalent to nearly 70 million gallons, in the process of fracking for oil and gas in the state last year, less than previously projected, state officials told Reuters on Thursday. The practice has been criticized in the state, which is suffering from a drought so severe that Governor...

  • TOKYO, April 3- The dollar stuck to its recent ranges in holiday-thinned trading on Friday and stocks edged up as investors awaited key U.S. employment figures for possible clues on when the Federal Reserve will hike interest rates. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.2 percent, while Japan's Nikkei stock average was up 0.3...

  • DIARY- Top Economic Events to April 19 Thursday, 2 Apr 2015 | 8:01 PM ET

    WASHINGTON- Federal Reserve Bank of Minneapolis President Narayana Kocherlakota gives welcome remarks before the Federal Reserve "Economic Mobility: Research& Ideas on Strengthening Families, Communities& the Economy" conference- 1230 GMT. WASHINGTON- Federal Reserve Bank of St. Louis President James Bullard speaks at luncheon before the Federal Reserve "...

  • WASHINGTON, April 2- The U.S. Transportation Department is completing work on a package of measures to control oil train dangers before the Obama administration finalizes a national safety plan expected by May, an official with knowledge of the plans said on Thursday. "The Transportation Department will not wait to take action on measures that could improve...

  • LITTLE ROCK, Ark., April 2- Indiana and Arkansas revised on Thursday new religious freedom acts that had drawn criticism from rights groups and U.S. companies that assailed them as discriminatory against gays. Indiana Governor Mike Pence, also a Republican, signed a revised religious freedom law that amended one he signed last week. As pressure built against...