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  • April 9- Any gains for the dollar will be more subdued going forward, as doubts over the timing of an eventual U.S. interest rate hike put the brakes on an historic rally over the past year, a Reuters poll found. However, the Fed's concern about a strong USD will delay, but not cancel, Fed normalization, " Jeremy Hale, head of macro strategy at Citi, said in a note.

  • FOREX-Rate differentials drive steady dollar gains Thursday, 9 Apr 2015 | 10:18 AM ET

    "Broadly, the drivers for euro/dollar lower remain two things," said Richard Cochinos, head of Americas G10 FX strategy at Citi in New York. Earlier, Greece made a 450 million euros payment to the International Monetary Fund. Athens, shut out of international capital markets, is expected to run out of cash in weeks unless it can come to an agreement with the European...

  • LONDON, April 9- There could be up to 100 billion barrels of oil onshore beneath southern England, the chief executive of a small exploration firm told the BBC in an interview on Thursday. Horse Hill, where the well was drilled, is part of the Weald Basin, which stretches across large parts of the counties of Dorset, Hampshire, West and East Sussex, and Surrey, as well as...

  • UPDATE 1-Cargill third-quarter profit rises by a third Thursday, 9 Apr 2015 | 10:14 AM ET

    The company said slowing economic growth and excess processing capacity in countries such as China, Brazil and Indonesia weighed on earnings at its food ingredients and applications unit. Privately held Cargill, along with Archer Daniels Midland, Bunge Ltd and Louis Dreyfus Corp- known collectively as the ABCD companies- dominates the global grains trade.

  • *Polish regulator in standoff with Raiffeisen. WARSAW, April 9- Austria's Raiffeisen Bank International has hit an obstacle in the shape of Andrzej Jakubiak, the Polish regulator who has already frustrated the plans of some of Europe's biggest lenders. The standoffs with the likes of Santander, the euro zone's biggest bank, also reflect self-confidence in a...

  • WASHINGTON, April 9- U.S. wholesale inventories rose in February as sales remained weak, suggesting wholesalers might have little incentive to aggressively restock warehouses in coming months. The Commerce Department said on Thursday wholesale inventories rose 0.3 percent after an upwardly revised 0.4 percent increase in January. Economists polled by...

  • Dish Network's Sling TV adds HBO Thursday, 9 Apr 2015 | 10:04 AM ET

    April 9- Dish Network Corp's Sling TV said it has added Time Warner Inc's HBO to its programming lineup. Users will pay for $15 per month for the service, which will allow users to view programs as they are shown on HBO as well as on-demand. The agreement comes ahead of the season premiere of HBO's much-awaited "Game of Thrones" and " Silicon Valley".

  • TREASURIES-U.S. yields rise before 30-year auction Thursday, 9 Apr 2015 | 10:03 AM ET

    *Greece debt repayment reduces safehaven bids for bonds. Greece making a 450 million euro loan payment to the International Monetary Fund also reduced earlier safety bids for U.S. government debt, supporting the view the cash-strapped nation will obtain further aid from its lenders. "The 30- year auction will go okay if we are set up for it and given the absolute...

  • European shares rise early, led by auto stocks Thursday, 9 Apr 2015 | 3:10 AM ET

    PARIS, April 9- European shares rose early on Thursday, helped by robust German data as well as figures showing a strong recovery in Europe's auto sector. Renault was up 2.1 percent and BMW up 1.9 percent. According to industry figures published late on Wednesday, the auto sector's recovery broadened to France, while Spain, Italy and Portugal recorded...

  • PRAGUE, April 9- The Czech crown may test its cap against the euro, although there is little appetite for a serious challenge of policymakers' resolve any time soon given the small market and the central bank's ample scope to intervene. When Switzerland abandoned its currency peg in January, markets' focus shifted to other currencies that were linked to a rapidly...

  • *Retailers jump, Takashimaya gains after earnings. TOKYO, April 8- Tokyo's benchmark index hit a 15- year high on Wednesday after Japanese retail investors ploughed a sizable amount of cash into new stock mutual funds and as regional bourses appeared to benefit from rotation of funds out of U.S. equities. Retailers and other domestic-demand oriented shares led...

  • *China fund managers chase Hong Kong to new 7- year high. TOKYO, April 9- Asian stocks rose on Thursday, extending the previous session's gains, while the dollar drew support from minutes of the Federal Reserve's last meeting showing the U.S. central bank was still on course to hike interest rates this year. Financial spreadbetters expected Britain's FTSE 100 to...

  • MOSCOW, April 9- Russian oilfield services company Eurasia Drilling said on Thursday it made $421 million in net profit last year, 2.5 percent less than in 2013.. Eurasia Drilling said its top line revenue was 14.5 percent below revenue a year earlier at $2.975 billion. Its adjusted earnings before interest, tax, depreciation and amortisation fell around 11...

  • TOKYO, April 9- Japan's Nikkei rose to a fresh 15- year high on Thursday, getting in sight of 20,000, on hopes that foreigners will continue to buy Japanese stocks due to optimism about an economic recovery and strong corporate profits. The Nikkei 225 ended 0.8 percent higher at 19,937.72, the highest closing level since April 2000. Japanese finance ministry data...

  • German exports rise in February but surplus steady Thursday, 9 Apr 2015 | 2:08 AM ET

    BERLIN, April 9- German exports rebounded in February after dipping to start the year but imports rose at a faster pace, raising questions about whether trade will support growth in Europe's largest economy going forward. Seasonally-adjusted exports rose 1.5 percent on the month after dipping by 2.1 percent in January, data from the Federal Statistics Office...

  • SHANGHAI, April 9- China's epic stock rally has ramped up share valuations and pushed Chinese investors to seek out relatively discounted equities in Hong Kong, where mainland funds have helped propel the city's benchmark indexes to multi-year highs. Behind the rush of funds is the increasingly expensive looking Chinese markets after a 60- percent rally...

  • As the Middle East and U.S. Gulf Coast transform into refining hubs, traders require ever-larger tankers to move oil products such as gasoline, diesel and aviation fuel to Europe, Asia and Latin America. Trading powerhouses such as Vitol, Total and Shell have already booked vessels that can carry as much as 1 million barrels- more than three times the typical size...

  • TOKYO, April 9- Tokyoites will get a chance to zip around town on Toyota Motor Corp's three-wheeled electric car-cum-motorbike from Friday, in a trial aimed at crafting a global business model to reduce gridlock and pollution. The world's top-selling automaker will partner Japanese car-sharing service operator Park24 Co Ltd for a six-month experiment...

  • MUMBAI, April 9- An Indian court on Thursday held the founder of Satyam Computer Services, which was once one of India's biggest IT outsourcing companies, guilty in the country's biggest corporate accounting fraud, local television channels reported. The court is yet to announce the quantum of punishment in the case, the TV channels reported.

  • *Japan investors sold net Y3.1 trln foreign bonds last week. SYDNEY/ SINGAPORE, April 9- The dollar touched a one-week high on Thursday, having enjoyed another leg up after two influential Federal Reserve officials kept alive expectations for a hike in interest rates sometime this year. Still, the chance of a hike at all this year is a stark contrast to Europe and...