LONDON, May 24- A top Federal Reserve official said on Friday U.S. inflation would have to pick up before he voted to scale back monetary policy stimulus and that this was unlikely to happen in the coming month. Louis Fed President James Bullard said in a CNBC interview.» Read More
*Expects Q4 EPS $0.56, adj EPS $1.09. Jan 10- Credit card company American Express Co said it would cut about 5,400 jobs, or 8.5 percent of its workforce, as it restructures its business and pay legal bills. American Express tends to cut staff at the beginning of recessions.
HONG KONG, Jan 11- Hong Kong shares could start slightly higher on Friday, ahead of China's December inflation data expected later in the day that is forecast to hit a 7- month high of 2.3 percent.
Jack Lew, Obama's chief of staff, was chosen to lead the Treasury Department as the White House heads into another round of difficult talks with Congress on how to put the nation on a sound fiscal path.
NEW YORK, Jan 10- The complexity of modern markets means there are bound to be more events such as the systems error that led to hundreds of thousands of trades being executed improperly on BATS Global Markets over the past four years, the head of the No. 3 U.S. equities exchange said on Thursday.
SINGAPORE, Jan 11- Gold traded nearly flat on Friday, taking a breather after a 1- percent climb in the precious session when it tracked the rally in the euro after the European Central Bank kept rates unchanged. *Spot gold was little changed at $1,673.54 an ounce by 0030 GMT, on course for a 1- percent weekly gain-- its biggest such rise since late November.
TOKYO, Jan 11- Asian shares rose on Friday amid an improving outlook for global economies and reduced anxiety over the euro zone's debt problems, while the yen slid on renewed expectations for aggressive monetary easing in Japan.
TOKYO, Jan 11- Japan's current account swung to a much bigger than expected deficit in November after the nation's trade gap hit a 10- month high, adding to a string of poor data and firming up the case for more stimulus to help the stuttering econonomy.
TOKYO, Jan 11- Japan's Nikkei share average rose 1.5 percent to a 23- month high on Friday, with exporters extending gains on a weaker yen after the Nikkei reported Prime Minister Shinzo Abe as saying the central bank should make pursuing maximum employment a consideration. The Nikkei added 157.50 points to 10,810.14, the highest level since February 2011.
*Sanofi runs out of most vaccine dosages. Sanofi SA, the largest flu vaccine provider in the United States, said on Thursday it had sold out of four of the six different dosages of Fluzone seasonal flu vaccine due to unanticipated demand.
WASHINGTON, Jan 10- The U.S. Justice Department filed a lawsuit on Thursday challenging the acquisition last June by Bazaarvoice Inc of its main rival, saying that the deal reduced competition for product ratings platforms.
*Group to take up to 30 percent of remaining Supervalu. Jan 10- Supervalu Inc struck a $3.3 billion deal to reduce its burdensome debt by selling five retail grocery chains to an investor group led by Cerberus Capital Management LP, the No. 3 U.S. grocery store operator announced on Thursday.
SEATTLE, Jan 10- Holiday-season sales of personal computers fell for the first time in more than five years, according to tech industry tracker IDC, as Microsoft Corp's new Windows 8 operating system failed to excite buyers and many instead opted for tablet devices and smartphones.
*Holder meets with major retailers including Wal-Mart. WASHINGTON, Jan 10- Vice President Joe Biden butted heads with the powerful National Rifle Association on Thursday in his drive to reduce U.S. gun violence, drawing complaints from the lobby group that the White House is trying to limit constitutionally protected gun rights.
*Japan govt counting on more aggressive BOJ. TOKYO, Jan 11- The Bank of Japan should consider maximising employment as a monetary policy goal to help boost the economy, Prime Minister Shinzo Abe said in an interview with the Nikkei newspaper published on Friday.
SAN FRANCISCO, Jan 10- Holiday season sales of personal computers fell for the first time in more than five years, according to tech industry tracker IDC, as Microsoft Corp's Windows 8 operating system failed to excite buyers and many opted for tablet devices and powerful smartphones instead.
BUENOS AIRES, Jan 10- Argentina's trade surplus widened to $12.66 billion in 2012 from $10.35 billion in 2011, President Cristina Fernandez said on Thursday. The South American grains exporting country reported a $280 million trade surplus in December 2011.
TOKYO, Jan 11- Japan's Nikkei share average is set to test a 23- month high on Friday, with exporters likely to extend gains after the yen hit a 2-1/ 2 year low on hopes that the central bank will ease monetary policy aggressively.
WASHINGTON, Jan 10- As Republicans in the U.S. Congress struggle to find a strategy for forcing big spending cuts on President Barack Obama, some conservative voices are warning against taking the country to the brink of a debt default as the strategy for winning the budget wars.
WASHINGTON/BALTIMORE, Jan 10- The U.S. consumer watchdog on Thursday finalized new mortgage rules that are expected to have little short-term impact on the housing market but could prevent banks from returning to the pre-crisis practice of churning out risky subprime mortgages.
*SEC ruling' arbitrary and capricious'- letter. *JPM's commodities chief met with SEC a week before approval. While the SEC is not obligated to respond to the consortium's latest filing, the issues are the same as those to be considered by the SEC in its ruling on BlackRock Inc's similar fund due on Feb. 22.