TOKYO— Japanese Prime Minister Shinzo Abe is planning about 3.5 trillion yen in fresh stimulus, including subsidies and job-creating programs, to help pull the world's third-largest economy out of recession. Abe took office for a third term on Wednesday and faces strong pressure to do something to restore growth after a sales tax hike in April put Japan back in...» Read More
NEW YORK, Aug 14- U.S. crude prices fell more than $1 a barrel on Thursday and retreated more than 50 cents in a minute as shares of the exchange-traded fund U.S. Oil Fund fell sharply. U.S. crude fell fell about 60 cents to its session low of $96.03 between 10:50 and 10:51 a.m. EDT.
CHICAGO, Aug 14- New-crop U.S. soybean futures on Thursday rebounded from a contract low set earlier in the session, while new-crop corn topped a one-week high in a recovery from recent losses. "Light short covering in thin trade is taking place," said Karl Setzer, grain solutions team leader for MaxYield Cooperative in Iowa.
Aug 14- Berkshire Hathaway Inc's share price on Thursday crossed $200,000 for the first time, the latest milestone for the company that Warren Buffett built over nearly five decades into what some analysts view as a microcosm of the U.S. economy.
HELSINKI, Aug 14- Finland pulled out of recession in the second quarter but growth was negligible and dark clouds are gathering again as Russian sanctions could hit the economy in the coming months.
BRASILIA, Aug 14- General Motors Co will invest 6.5 billion reais in Brazil over the next five years, Chief Executive Officer Mary Barra said on Thursday. Speaking to reporters in Brasilia after meeting President Dilma Rousseff, Barra said the new investment will spent on new products, technology and maintaining plants.
Aug 14- U.S. cropland prices in the central Plains and southern Midwest were stable in the second quarter of 2014 compared with the previous quarter even though farm income was lower due to falling crop prices, according to Federal Reserve Bank quarterly surveys issued on Thursday.
LONDON/ FARGO, North Dakota, Aug 14- Royal Dutch Shell on Thursday announced the sale of two onshore U.S. shale gas assets in exchange for $2.1 billion and acreage in different gas-rich areas as the energy company restructures its North America business and reins in costs.
*FTSEurofirst 300 up 0.2 pct, Euro STOXX 50 down 0.04 pct. *Euro STOXX 50 halted by strong resistance level. The euro zone's blue-chip Euro STOXX 50 index was down 0.04 percent at 3,054.41 points.
Gone are the days of the private jet and the two-week carousel of five-star hotels in Europe and the United States. Instead, it is more likely to be a scramble from Hong Kong to New York, often flying on commercial airlines, to capture the ear of potential investors.
WASHINGTON, Aug 14- U.S. regulators' new "net neutrality" rules should classify Internet providers more like public utilities to prevent them from potentially slowing users' access to some Web content, the New York Times said in an editorial in Thursday's newspaper.
NEW YORK, Aug 14- Global equity markets edged higher on Thursday after President Vladimir Putin of Russian sounded a conciliatory note over the crisis in Ukraine, while bond yields in Europe fell to record lows as the euro zone's recovery stalled in the second quarter.
NEW YORK, Aug 14- General Electric Co is in talks with Sweden's Electrolux AB and other parties to sell its household appliances unit, people familiar with the matter said on Thursday. Bloomberg News earlier reported that GE's appliances unit had drawn interest from Electrolux and consumer development startup Quirky.
Aug 14- Wal-Mart Stores Inc cut its full-year profit forecast, citing higher employee healthcare costs and increased investment in its online business, and the company said heavy discounting was likely to continue into the holiday shopping season.
NEW YORK, Aug 14- A federal judge narrowed but refused to dismiss lawsuits by former Elan Corp and Wyeth shareholders seeking to recoup losses from billionaire investor Steven A. Cohen and his firm SAC Capital Advisors LP over insider trading in the drugmakers' stocks.
NEW YORK, Aug 14- The dollar weakened broadly on Thursday, falling after three straight days of gains, on yet another piece of data suggesting a bumpy recovery for the U.S. economy.
CONAKRY, Aug 14- Guinea has declared a public health emergency over an Ebola epidemic that has killed more than 1,000 people in three West African states and is sending health workers to all affected border points, a government official said.
Aug 14- U.S. digital imaging chipmaker OmniVision Technologies Inc said it received a buyout proposal from a group of investors led by China's Hua Capital Management Ltd.. OmniVision competes with Sony Corp, Samsung Electronics Co and Himax Technologies Inc..
CRUDE FUTURES DROP $1 TO $96.59/ BBL AS AMPLE SUPPLY, WEAK EUROPEAN ECONOMIC DATA APPLY PRESSURE.
RUSSIA'S VETERINARY WATCHDOG SAYS TO ALLOW PORK IMPORTS FROM CHINA- INTERFAX.
CHICAGO, Aug 14- The price of quality farmland in the southern U.S. Midwest and Delta region were steady to softer during the second quarter compared to the previous quarter, reflecting lower farm income, the Federal Reserve Bank of St. Louis said on Thursday.