ABUJA, March 12- Nigerian President Goodluck Jonathan has authorised a forensic audit of the national energy company, the presidency said on Wednesday, after weeks of public uproar over an alleged $20 billion in undisclosed revenues.» Read More
SHANGHAI, Oct 11- China's central bank weakened the official guidance rate for the third straight day on Friday as global markets gained confidence that the U.S. will find a temporary fix to its budget impasse, supporting the dollar. The U.S. dollar index flattened out in overnight trade after hitting a few overnight highs.
SINGAPORE, Oct 11- Brent oil slipped towards $111 per barrel on Friday but was still on track to end the week higher after an overnight jump in prices due to concern over supply risks in the Middle East and hopes of a deal to end the U.S. budget crisis.
SYDNEY, Oct 11- Asian stocks jumped to three-week highs on Friday as investors took a chance and cheered perceived progress in Washington to avert a possible default, even though questions remained over whether a deal could be struck. MSCI's broadest index of Asia-Pacific shares outside Japan rose 1.3 percent, reaching highs not seen since Sept. 19.
WASHINGTON, Oct 10- President Barack Obama and Republican leaders appeared ready to end a political crisis that has shuttered much of the U.S. government and pushed the country dangerously close to default after meeting at the White House on Thursday.
Treasury Secretary Jack Lew and Federal Reserve Chairman Ben Bernanke told their counterparts of the G20 group of economies on Thursday that the standoff over the U.S. debt ceiling will be resolved by Oct. 17, Russian Finance Minister Anton Siluanov said.
WASHINGTON, Oct 10- The U.S. administration has a little over a month to fix the technology problems crippling its online health insurance marketplace, or jeopardize the goal of signing up millions of Americans in time for benefits under President Barack Obama's healthcare law, experts said on Thursday.
CARACAS, Oct 10- Venezuela raised the amount of dollars to be auctioned by the central bank to local businesses via a complementary foreign exchange system, and the president said on Thursday that such sales could now be held every week. Maduro said on state TV he had approved $900 million for the auctions, $100 million of which would be available immediately.
*Fast Retailing tumbles on disappointing earnings. TOKYO, Oct 11- The Nikkei stock average climbed more than 1 percent to a 1-1/ 2- week high on Friday on hopes for progress in the United States towards ending the fiscal standoff, with exporters like Nikon Corp gaining as then yen pulled back from a recent high.
TOKYO, Oct 11- Japanese government bond prices were mostly weaker on Friday, with the 10- year yield hitting a two-week high, as hopes of a breakthrough in the U.S. fiscal log jam buoyed Tokyo shares and other risky assets.
*White House and Republicans voice optimism. WASHINGTON, Oct 10- President Barack Obama and Republican leaders appeared ready to end a political crisis that has shuttered much of the U.S. government and pushed the country dangerously close to default after meeting at the White House on Thursday.
About 1.2 million homes valued at more than $189 billion are at high to very high risk from wildfires in California and a dozen other Western states, according to CoreLogic Inc, a data and analytics company.
SINGAPORE, Oct 11- London copper edged up on Friday but was still facing its biggest weekly loss in a month on prolonged concerns over the U.S. fiscal deadlock, although signs of a possible resolution may spur prices to recoup more ground.
At a separate briefing on Thursday, Nemat Shafik, deputy managing director at the IMF, suggested the IMF would be open to a joint Egypt program with Gulf countries, which have already stepped in with billions of dollars in aid.
Oct 10- A jury in California on Thursday found Toyota Motor Corp not liable in one of the first wrongful death lawsuits to go to trial in the United States over alleged defects that caused some vehicles to unexpectedly accelerate.
HONG KONG, Oct 11- Hong Kong shares may end the week higher on Friday, lifted by Wall Street gains on signs of a deal to avert a possible U.S. default. Direction may come from China data, a batch of which could start to appear this week: September figures for money supply and loan growth are due by Oct. 15, trade data on Oct. 12, inflation on Oct. 14, with third quarter GDP due Oct. 18.
SYDNEY, Oct 11- Asian stocks jumped to three-week highs on Friday, propelled by gains on Wall Street as investors took a chance and cheered perceived progress to avert a possible U.S. default, even as questions remained over whether a deal could be struck.
TOKYO, Oct 11- U.S. oil slipped in early Asian trade on Friday, shedding some of its overnight gains as uncertainty over whether Washington would seal a deal to avert a possible debt default clouded the outlook for demand.
Oct 10- A jury in California on Thursday found Toyota Motor Corp not liable in one of the first wrongful death lawsuits to go to trial in the United States over alleged defects that caused some vehicles to unexpectedly accelerate, according to a company spokesperson.
NEW YORK, Oct 10- Fitch Ratings said on Thursday that it would only consider the U.S. government in default if it failed to make payments due on interest and/or principal of U.S.
SINGAPORE, Oct 11- Gold was heading for a second straight weekly decline on Friday as its safe-haven appeal dimmed and the dollar rebounded on signs that U.S. Congress was taking steps towards resolving the budget impasse. *Spot gold rose 0.08 percent to $1,286.66 an ounce by 0019 GMT after dropping for three straight sessions.