The storm was moving up the East Coast, with snow, sleet, and freezing rain expected from Baltimore, Maryland, to north of Boston, according to the National Weather Service. The system was expected to reach Philadelphia and New York City by Sunday afternoon and linger over the area through Monday morning's rush hour commute.» Read More
TOKYO, July 19- The Japanese government bond market is where the Bank of Japan will win or lose its battle to push Japan's economy out of deflation. The problem for investors is that in the absence of any clear indicators of inflation expectations in Japan, the market could act like a minefield that explodes without warning.
*Ct Suisse raises rating on continental Europe. LONDON, July 19- European shares slipped on Friday, with Dutch specialist chemical storage group Vopak slumping after cutting its profit outlook, and several traders said they would look to take profits on this month's equity market recovery.
SHANGHAI, July 19- China's first two newly launched gold exchange-traded funds have raised a total of 1.6 billion yuan in their initial funding round, coming in below expectations due to sliding gold prices and a recent credit-crunch scare.
*Stocks elsewhere in Asia mixed after Wall Street record high. Europe's FTSEurofirst 300 share index edged down 0.3 percent as bourses opened, but was firmly on course for its first four-week run of uninterrupted gains since May, as was MSCI's 45- country all-world index.
*China to achieve 7.5 pct growth target this year- poll. *China copper premiums point to steady demand. But even with looser U.S. monetary policy, slowing demand growth in top copper consumer China suggests upside potential is limited, said Dominic Schnider of UBS Wealth Management in Singapore. "
TOKYO, July 19- Honda Motor Co is making its remodelled Fit subcompact the pillar of an ambitious global expansion, elevating it to a status now enjoyed by its flagship Civic as it shifts focus to emerging markets and deploys a low-cost parts sourcing scheme.
LONDON, July 19- European shares slipped back on Friday, with Dutch group Vopak lagging after cutting its profit outlook, and several traders said they would look to sell to book profits on this month's equity market recovery.
HONG KONG, July 19- China shares fell for a third straight day on Friday with the financial and property sectors leading declines, resulting in benchmark indexes suffering their first weekly loss in three weeks. The CSI300 of the leading Shanghai and Shenzhen A-share listings sank 2.4 percent.
TOKYO, July 19- Japanese government bond futures rose to a 5-1/ 2- week high on Friday as stock prices skidded ahead of Japan's upper house election on Sunday, though cash bond trading was subdued.
SINGAPORE, July 19- Brent held above $108 a barrel on Friday, hovering near a three-month high on hopes of a steady recovery in U.S. demand following strong economic data and reassuring comments from the Federal Reserve on monetary stimulus. Brent crude climbed to an intra-day high of $108.93 per barrel and was unchanged at $108.70 a barrel by 0641 GMT.
*Drop in Tokyo shares leads to position squaring. SINGAPORE, July 19- The yen rose on Friday as investors squared their books ahead of Japan's upper house election this weekend, which could clear the legislative path for Prime Minister Shinzo Abe's aggressive economic reform drive.
SINGAPORE, July 19- Brent rose towards $109 a barrel on Friday, hovering near a three-month high on hopes of a steady recovery in U.S. demand following strong economic data and reassuring comments from the Federal Reserve on monetary stimulus. Brent crude climbed to an intra-day high of $108.93 per barrel and was at $108.75 a barrel by 0541 GMT, up 5 cents.
British aviation investigators identified an emergency beacon made by Honeywell International as a likely source of last week's blaze on a Boeing Co 787 Dreamliner and called for it to be turned off, spurring a rally in Boeing shares.
SYDNEY, July 19- The former head of the U.S. Central Intelligence Agency said he is aware of hard evidence that Huawei Technologies Co Ltd has spied for the Chinese government, the Australian Financial Review newspaper reported on Friday.
SHANGHAI, July 19- The yuan edged higher against the dollar on Friday as dollar sales by exporters offset a slightly weaker central bank midpoint, traders said.
*Drop in Tokyo shares prompt position squaring. SINGAPORE, July 19- The yen rose on Friday as investors squared their books ahead of Japan's upper house election this weekend, which could clear the legislative path for Prime Minister Shinzo Abe's aggressive economic reform drive.
*S&P companies' exposure to China has jumped over the years. *More than half of revenue for Yum Brands, AMD comes from China. Among 18 S&P companies with large exposure to China, 12 of them were underperforming the broader S&P 500 index year-to-date, including Yum Brands Inc and Intel, which noted the slower growth in China as a headwind.
BRASILIA, July 19- Plans by the world's leading emerging economies to join forces to battle the latest bout of global financial turbulence could remain on the drawing board once again at the G20 meeting in Moscow this week.
July 19- Shares of U.S.-based multinational companies with large exposure to China's economy could be hit this earnings season as a slowdown in the world's second-largest economy starts to hurt corporate America. Following is the percentage revenue exposure of some S&P 500 companies. The benchmark S&P 500 index is up 18.5 percent for the year.
*China set for first weekly loss in three, volumes weak. HONG KONG, July 19- Hong Kong shares struggled on Friday morning with China also tepid, but demand for recently battered coal miners helped to offset weakness in mainland banking and property sectors.