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  • Nikkei rises on economic optimism, BOJ buying Thursday, 5 Mar 2015 | 1:34 AM ET

    TOKYO, March 5- Japanese share prices ticked up on Thursday despite softness in Wall Street shares the previous day helped by optimism on the Japanese economy and bolstered by the Bank of Japan's buying earlier this week. The Nikkei rose 0.3 percent to 18,751.84 while the broader Topix rose 0.4 percent to 1,523.72. But trading volume was the lowest so far this...

  • NEW YORK, March 5- When U.S. auto lender Ally Financial Inc failed a key regulatory test two years ago, its executives were surprised to learn that the main reason was that the Federal Reserve treated loans to car dealers just like riskier credit to energy producers or manufacturers. "We felt like in some areas very broad approaches were being taken when maybe it...

  • *China targets "zero-growth" for coal in key areas- Premier Li. *China to reduce its energy intensity by 3.1 pct in 2015. BEIJING, March 5- China will boost efforts this year to rid itself of a strong addiction to coal in a bid to reduce damaging pollution as well as cut the energy intensity of its economy, which is expected to grow at its lowest rate in 25 years.

  • BEIJING, March 5- China's Huawei Technologies Co Ltd and Intel Corp are expanding an existing alliance to provide cloud computing to global telecoms carriers, as U.S. tech firms vie for Chinese tie-ups to retain access to a tough mainland market. The partnership, announced by Huawei in a statement, comes as U.S and other Western tech firms' scramble to burnish...

  • SINGAPORE, March 5- Brent crude was flat on Thursday, managing to hold above $60 a barrel as investors brushed aside bearish U.S. inventories data to focus on the lack of a deal in talks over Iran's nuclear program. Tehran's ambassador to the International Atomic Energy Agency said on Wednesday no deal had been reached on the duration of any possible final...

  • Banks brace for U.S. Fed capital buffers inspection Thursday, 5 Mar 2015 | 12:00 AM ET

    WASHINGTON, March 5- The largest U.S. banks and their foreign rivals are facing a tough two-step check-up of their financial health by the Federal Reserve, forcing the firms to get a far better grip on how they measure risk. Next week's review takes a look under the hood of the banks- which Wall Street critics say are "too large to manage"- by scrutinizing whether...

  • BEIJING, March 5- China will back e-commerce development and guide international expansion by Chinese internet companies, Premier Li Keqiang said on Thursday, in an endorsement for firms such as Alibaba Group Holding Ltd and JD.com Inc.. Addressing the opening of China's annual parliamentary meeting in Beijing, Li broadly laid out China's "Internet Plus"...

  • SHANGHAI, March 5- China stocks sagged in thin trading on Thursday, with investors dumping blue chip shares such as banks and real estate firms on worries about the slowing economy. Premier Li Keqiang told the National People's Congress at the opening of the annual parliamentary meeting that China would target growth this year of around 7 percent, signalling...

  • MELBOURNE, March 5- London copper was little changed on Thursday as markets digested China's latest outline for economic reform and looked ahead to a central bank meeting in Europe and key U.S. jobs data. China's top state planning agency pledged on Thursday to accelerate policies to promote cleaner and renewable sources of energy and tackle overcapacity in...

  • TOKYO/ SYDNEY, March 5- The euro wallowed near its weakest level in over 11 years against the dollar on Thursday, as investors waited for the European Central Bank to announce more details of its massive bond-buying programme. The common currency eased 0.1 percent to $1.1065, holding just above Wednesday's low near $1.1061, which was its lowest level since...

  • AbbVie will pay $261.25 per share in cash and stock, a 13 percent premium to Pharmacyclics stock's closing price on Wednesday on the Nasdaq. Pharmacyclics stockholders can elect cash, AbbVie stock or a combination, subject to proration, the company said in a statement. "Imbruvica is not only complementary to AbbVie's oncology pipeline, it has demonstrated...

  • BEIJING, March 5- China said central bank deputy governor Li Dongrong has stepped down, and Guo Qingping has been appointed as the new deputy governor, according a statement on the official central government website published Thursday. Guo Qingping previously served as assistant to the central bank governor. The move had been previously reported by the...

  • LOS ANGELES, March 4- A second top Los Angeles hospital has reported an outbreak of drug-resistant "superbug" infections, and dozens more potential exposures, from procedures performed with a fiber-optic instrument called a duodenoscope. The Cedars-Sinai cases, like the larger number of infections and potential exposures reported last month at the UCLA...

  • RPT- CHINA TO MAKE MAJOR BREAKTHROUGH ON INTEREST RATE LIBERALISATION IN 2015: C. BANK ADVISOR.

  • RPT- CHINA WARY OF CAPITAL FLIGHT, NOT CAPITAL OUTFLOWS: C.BANK ADVISOR.

  • RPT-NOT NECESSARY FOR CHINA TO WIDEN YUAN TRADING BAND IN 2015: C. BANK ADVISOR.

  • CORRECTED- CHINA TO MAINTAIN NEUTRAL MONETARY POLICY TO ENSURE GDP GROWTH OF 6 PCT TO 7 PCT: C.BANK ADVISOR.

  • RPT- CHINA'S 2015 MONETARY POLICY DEPENDS ON Q1 AND Q2 ECONOMIC DATA: C.BANK ADVISOR.

  • AbbVie to buy Pharmacyclics in $21 billion deal Wednesday, 4 Mar 2015 | 10:59 PM ET

    March 4- AbbVie Inc said it will buy cancer drug company Pharmacyclics Inc in a $21 billion deal.

  • SINGAPORE, March 5- Brent crude was flat on Thursday, managing to hold above $60 a barrel as investors brushed aside bearish U.S. inventories data to focus on the lack of a deal in talks over Iran's nuclear program. Tehran's ambassador to the International Atomic Energy Agency said on Wednesday no deal had been reached on the duration of any possible final...