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  • TOKYO, Sept 15- The yen ticked up on Tuesday after the Bank of Japan refrained from expanding its stimulus while the Australian dollar briefly hit a two-week high after the ruling party ousted unpopular prime minister Tony Abbott in a leadership challenge. In a knee-jerk reaction to the Bank of Japan's decision to maintain the current pace of monetary easing,...

  • *Venezuela repeats call for OPEC production cut. SINGAPORE, Sept 15- Brent crude oil prices dipped on Tuesday as Asia's economic weakness persisted, extending losses after a sharp fall in the previous session, while U.S. futures were firmer following a report that indicated a drawdown in weekly inventory levels. A weekly report from the American Petroleum...

  • *China ramps up spending as monetary easing slow to pay dividends. BEIJING, Sept 15- China cranked up its fiscal spending by 26 percent in August from a year earlier as Beijing tries to re-energise flagging economic growth and convince reluctant local officials to spend. With traditional monetary policy responses such as interest rate cuts having less impact...

  • Subway, Starbucks, KFC and Domino's Pizza were among the industry leaders graded "F" for their antibiotic policies in the report from consumer and health groups, titled "Chain Reaction," released on Tuesday. Subway was cited, in particular, for failing to publicly state a policy or plan to cut antibiotic use in the meats it buys, despite repeated requests by the...

  • *Kuroda to brief media Tues 0630 GMT. TOKYO, Sept 15- The Bank of Japan said on Tuesday that slowing emerging market demand was putting further strains on the economy but held off on expanding stimulus, preserving its limited policy options in case an expected U.S. rate hike sparks more global volatility. Japan's economy continues to recover moderately, although...

  • SHANGHAI, Sept 15- China's yuan barely moved against the dollar on Tuesday, shrugging off foreign exchange sales data from Chinese banks on Monday which showed how capital outflows intensified after the yuan's devaluation last month. The People's Bank of China set the midpoint rate at 6.3665 per dollar prior to market open, 0.07 percent firmer than the...

  • *Australia gets fourth prime minister in two years. CANBERRA/ SYDNEY, Sept 15- New Australian Prime Minister Malcolm Turnbull promised to focus on stability and improving a faltering economy as the public woke up on Tuesday to their fourth leader in two years. The Liberal Party voted in a secret ballot late on Monday to oust Tony Abbott as the leader of the senior...

  • GLOBAL MARKETS-Asian shares struggle, BOJ holds steady Monday, 14 Sep 2015 | 11:43 PM ET

    *Japan's central bank downgrades assessments of exports, output. Federal Reserve decision on interest rates, while the yen edged higher after the Bank of Japan refrained from any new policy steps. MSCI's broadest index of Asia-Pacific shares outside Japan erased early gains and fell 0.5 percent, taking its cue from slumping Chinese shares.

  • *Venezuela repeats call for OPEC production cut. The weekly report from the American Petroleum Institute is scheduled for release later in the day and that from the U.S. Energy Information Administration for Wednesday. Front-month U.S. crude futures were trading at $44.20 a barrel at 0338 GMT, up 20 cents from the previous session, while Brent was down 9 cents at...

  • *Gold eases, trades near 1- month low. SINGAPORE, Sept 15- Gold dipped slightly to near a one-month low on Tuesday as investors kept to the sidelines, waiting for the Federal Reserve's outlook this week on U.S. interest rates. "If the Fed happens to keep rates on hold, gold will likely find a bid," said MKS Group trader Jason Cerisola, adding that prices could face...

  • *China ramps up spending as monetary easing slow to pay dividends. BEIJING, Sept 15- China cranked up its fiscal spending by 26 percent in August from a year earlier as Beijing tries to re-energise flagging economic growth and convince reluctant local officials to spend. With traditional monetary policy responses such as interest rate cuts having less impact...

  • SYDNEY, Sept 15- Australia's incoming prime minister is a self-made multi-millionaire who has strong links with the business community, progressive views for his conservative party and a level of public popularity of which the man he toppled could only dream. Malcolm Turnbull, the former communications minister, is due to be sworn in on Tuesday as Australia's...

  • TOKYO, Sept 15- The Bank of Japan kept monetary policy steady on Tuesday but warned that the country's exports and output were feeling the pinch from slowing demand in emerging markets. "Japan's economy has continued to recover moderately but exports and output are affected by the slowdown in emerging economies," the BOJ said in a statement announcing the...

  • *Corn at 1- month high on expectations of cuts in crop f'cast. Chicago Board of Trade November soybeans advanced 0.5 percent to $8.88-3/ 4 a bushel by 0226 GMT, just shy of their session peak at $8.89-1/ 4 a bushel- the highest since Aug. 25. December corn rose to its highest since Aug. 11 at $3.95 a bushel and wheat added 0.3 percent to $5.02-3/ 4 a bushel, near a session high of...

  • TOKYO, Sept 15- The Australian dollar slipped on Tuesday after the minutes from Australia's central bank provided few incentives to build on the commodity-linked currency's gains, while the yen looked to the Bank of Japan's policy meeting for catalysts. Earlier the Antipodean currency rallied to a two-week high against the dollar and the yen after the...

  • BEIJING, Sept 15- China has begun a nationwide safety inspection into all its existing nuclear facilities in the wake of an explosion at a chemical warehouse at the port of Tianjin last month that killed more than 160 people. China is embarking on a rapid nuclear construction programme that aims to raise total capacity to 58 gigawatts by the end of 2020, up from 23...

  • NATIONAL HARBOR, Md., Sept 14- Pratt& Whitney, a unit of United Technologies Corp, on Monday said it is working closely with suppliers to prepare for a large ramp-up in production in coming years of the F135 engine that powers the Lockheed Martin Corp F-35 fighter jet. The Air Force general who runs the $391 billion F-35 program for the Pentagon said last week that...

  • *Yonekyu jumps after report of a merger with Itoham. *Toshiba stumbles after reporting a quarterly loss, put under watch list. The gains were sparked by second-largest meat processor Itoham Foods Inc jumping 4.6 percent after the Nikkei reported that it and seventh-ranked Yonekyu Corp are planning a merger in what would be the biggest vendor of ham and sausage...

  • MELBOURNE, Sept 15- London copper held steady on Tuesday as investors marked time ahead of this week's Federal Reserve rate decision while traders looked for more infrastructure announcements by China to shore up metals demand. *Shanghai Futures Exchange copper fell by 0.7 percent to 40,570 yuan a tonne. *Swiss-based commodities trader Mercuria will sell a...