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  • BERLIN, April 20- Global lenders' negotiations with Greece, which have been moving at a crawl recently, have gained some momentum but remained a long way from the finish line, the International Monetary Fund's European head told a German newspaper. "There has been a little bit more impetus in the negotiations between the three institutions and the Greek...

  • TOKYO, April 20- Sony Corp on Monday unveiled a new high-end Xperia handset featuring an aluminium frame and a 5.2- inch screen, showing it is still in the smartphone race even as it scales down its mobile operations. Sony said the Xperia Z4 would be available in Japan from the summer, though it did not provided details on launch dates, carrier partners or price.

  • MELBOURNE, April 20- London copper rallied to its highest level in four weeks on Monday after China cut the amount of cash that banks must hold as reserves to help combat a slowdown in growth in the world's second-biggest economy. The move could help buttress copper prices, which are already showing signs of having found a floor, if it helps to stabilize China's...

  • SHANGHAI, April 20- China stocks rose on Monday after the central bank cut banks' reserve requirements to combat slowing economic growth, helping to ease fears that regulators were set to crack down on riskier trading after a blistering rally to seven-year highs. Benchmark money rates sank after the move by the People's Bank of China on Sunday, which could result...

  • TORONTO, April 19- Bank of Canada Governor Stephen Poloz, who has described a shock January interest rate cut as "insurance," said in an interview he didn't see the need for more insurance now, the Wall Street Journal reported on its website on Sunday.

  • TOKYO, April 20- Japanese government bond prices were little changed on Monday, showing no response to comments from Bank of Japan Governor Haruhiko Kuroda that financial markets could be wrongfooted by Japan's inflation rising as the central bank expects. The 10- year JGB futures prices dipped 0.03 point to 147.97 in very thin trading, with only about 5,550...

  • *JFE Holdings, Mazda among firms announcing earnings this week. TOKYO, April 20- Japanese stocks edged up in a choppy Monday morning, pulling back up from a two-week low as China's latest stimulus step offset weakness in U.S. and European shares. He said China's latest step to shore up its economy underpinned Japanese stocks.

  • TOKYO, April 20- Japan's top government spokesman said on Monday Tokyo will tackle difficult issues, which working-level talks did not solve, in talks about a two-way trade deal with the United States. Chief Cabinet Secretary Yoshihide Suga made the comment after the two nations kicked off the second day of two-day trade talks on Monday that could pave the way...

  • *Mining sector shed nearly a fifth of workers in year. SYDNEY, April 20- As Australia's cooling mining sector lays off workers, an army of white-collar professionals is more than filling the employment gap, courtesy of a housing sector stoked by record low interest rates. "The home-building boom is serving to lift a raft of boats," said Craig James, chief economist at...

  • MELBOURNE, April 20- London copper rallied to its highest in four weeks on Monday after China cut the amount of cash that banks must hold as reserves to help combat slowing growth in the world's second biggest economy. *The most-traded June copper contract on the Shanghai Futures Exchange traded down by 0.1 percent to 43,700 yuan a tonne in late Friday trade, but...

  • SINGAPORE, April 20- Gold extended gains on Monday on a softer dollar, despite U.S. data showing an uptick in inflation that could prompt the Federal Reserve to hike rates sooner rather than later. *Spot gold ticked up 0.1 percent to $1,205.51 an ounce by 0035 GMT, after gaining 0.6 percent on Friday. *SPDR Gold Trust, the world's largest gold-backed exchange-traded...

  • *China cuts banks' reserve requirements. TOKYO, April 20- Asian shares dipped in early trading on Monday after a weak performance on Wall Street, though China's latest stimulus to shore up the world's second-largest economy was likely to underpin sentiment. Fed is now being augmented by money from China as the capital account is liberalized, "said Sean Darby,...

  • SYDNEY, April 20- The dollar got off to a sleepy start on Monday, in contrast to a more sprightly performance by its Australian and New Zealand peers in the wake of China's latest stimulus injection. The Aussie dollar briefly touched a near one-month high of $0.7844, rising from around $0.7785 late in New York on Friday. It's New Zealand counterpart climbed as far as...

  • NYMEX-Crude gains above $56 on Middle East tension Sunday, 19 Apr 2015 | 8:08 PM ET

    TOKYO, April 20- U.S. crude futures rose around 1 percent on Monday to above $56 a barrel on the back of continued turmoil in Yemen and worries over lower U.S. oil output. *NYMEX crude for May delivery, which expires on Tuesday, was up 55 cents at $56.29 a barrel by 0000 GMT, after settling down 97 cents at $55.74 on Friday. *It reached a 2015 peak of $57.42 on Thursday, sparked...

  • ORINOCO OIL BELT, Venezuela, April 19- V enezuela's PDVSA is selling about $50 million a month at a new advantageous foreign exchange rate, while joint ventures with foreign partners are putting in a further $25- 30 million a month via the Simadi system, the state oil company's head said. The government created Simadi in February as a third tier in Venezuela's...

  • ORINOCO BELT, Venezuela, April 19- Venezuela has launched talks this month on a novel plan to blend the country's heavy crude with light oil from other OPEC allies, seeking to create a new variety that can compete against swelling U.S. and Canadian supplies. Del Pino said he raised the idea during the Summit of the Americas in Panama earlier this month and at a...

  • PARIS, April 19- Greek banks may soon run out of collateral to access European Central Bank refinancing unless Athens reaches an agreement with the European Union and International Monetary Fund on economic reforms, France's central bank chief said. The remarks by Banque de France Governor Christian Noyer, to be published by Le Figaro on Monday, came as Athens...

  • Greece's Varoufakis warns of Grexit contagion Sunday, 19 Apr 2015 | 5:40 PM ET

    MADRID, April 19- Greece's Finance Minister Yanis Varoufakis said in an interview broadcast on Sunday that if Greece were to leave the euro zone, there would be an inevitable contagion effect. "Some claim that the rest of Europe has been ring-fenced from Greece and that the ECB has tools at its disposal to amputate Greece, if need be, cauterize the wound and allow the...

  • ISLAMABAD, April 20- Chinese president Xi Jinping is due in Pakistan on Monday where he will launch $46 billion in projects linking the old allies, a figure that far exceeds U.S. spending in Pakistan and underscores China's projection of power in Asia. The infrastructure and energy projects are aimed at establishing a Pakistan-China Economic Corridor between...

  • *Prologis confirms acquisition of KTR. NEW YORK, April 19- Prologis Inc, which owns warehouses and retail-distribution centers, said on Sunday it would acquire the real estate assets and operating platform of closely held KTR Capital Partners and its affiliates for $5.9 billion. "This transaction will deliver accretive returns to our shareholders and will...