July 29- Chemical maker Huntsman Corp's quarterly profit more than doubled, driven by higher prices and increased demand for chemicals used in foam insulation and refrigeration. Huntsman, which bought Rockwood Holdings Inc's pigments business for $1.1 billion, said it expects to secure final approval for the deal by the end of the current quarter.» Read More
HONG KONG, Feb 25- China's yuan fell below the official midpoint fixing for the first time since September 2012, during morning trade on Tuesday. The People's Bank of China fixed the yuan midpoint at 6.1184.
*Softbank gains on report it is seeking stake in Line Corp. TOKYO, Feb 25- The Nikkei average advanced to a 3-1/ 2- week peak on Tuesday after a rally in Wall Street shares to historic highs triggered short-covering in battered Japanese stocks.
SEOUL/ TOKYO, Feb 25- South Korea's Naver Corp said it had no plans to sell a stake in its mobile-messaging service Line Corp after a media report that Japan's SoftBank Corp was seeking to buy part of the fast-growing mobile app operator. Naver, whose shares shot up more than 8 percent on Tuesday on the report, denied it was discussing a possible sale.
SYDNEY, Feb 25- London copper on Tuesday bounced from its lowest in more than two weeks hit the day before, as worries about a crackdown on Chinese property development faded and major mergers in the United States boosted hopes that an economic revival was gaining steam.
FLAHERTY DOES NOT RULE OUT FURTHER INTERVENTION IN MORTGAGE MARKET BUT SAYS HAS NO PRESENT INTENTION TO DO SO.
FLAHERTY SAYS CANADA GOVERNMENT'S AUTO INVESTMENT FUND IS AVAILABLE FOR INVESTMENTS IN PLANTS, EQUIPMENT.
FLAHERTY SAYS KEEPING CLOSE EYE ON HOUSING AGENCY CMHC'S MORTGAGE INSURANCE BUSINESS.
MELBOURNE- CANADA FINANCE MINISTER FLAHERTY TELLS REUTERS HE HAS NOT DECIDED WHETHER TO RUN IN 2015 ELECTIONS.
FLAHERTY, ASKED HOW MUCH AID OTTAWA MIGHT GIVE CHRYSLER, SAYS AUTO INDUSTRY "SPECIAL CASE," BUT HASN'T SEEN COMPANY'S PROPOSAL.
FLAHERTY DECLINES TO COMMENT ON REMARKS BY ROUBINI THAT BANK OF CANADA SHOULD USE MONETARY POLICY TO WEAKEN C$.
SINGAPORE, Feb 25- Gold ticked lower on Tuesday but held near its strongest level in four months on concerns over economic growth in China and political uncertainty over Ukraine after acting President Oleksander Turchinov warned the country was close to default.
OAKLAND, Calif./ WASHINGTON, Feb 24- The head of the United Automobile Workers said on Monday the union's appeal of a failed organizing vote at a Volkswagen plant in Tennessee will focus on the actions of outsiders, not VW-- in a clear reference to remarks by Senator Bob Corker, an outspoken UAW critic.
TOKYO, Feb 25- U.S. crude oil dipped early on Tuesday after rising the previous day when the contract was supported by upbeat economic sentiment and forecasts that supplies would fall from the benchmark delivery point. *U.S. crude futures for April delivery fell 19 cents to $102.63 a barrel by 0018 GMT, after finishing 62 cents higher on Monday.
*Risk currencies benefit from easing Ukraine fears for now. The dollar index stood at 80.21, near the middle of its range in the past week between 79.93 and 80.42, with safe-haven demand for the greenback receding on growing hopes Ukraine may find some stability after the fall of Russian-backed president Viktor Yanukovich.
SAN FRANCISCO, Feb 24- Professional social networking website LinkedIn Corp launched a Chinese language version of its website on Monday, a move that could jumpstart its expansion into the world's largest Internet market by users even as the company acknowledged it will have to police what some of them say on its website.
LinkedIn already has more than 4 million users in China who use its English language website, but the company has previously said that it was interested in making a broader expansion into China.
SYDNEY, Feb 25- Asian share markets looked set for a bounce on Tuesday as Wall Street sped to historic highs amid more mergers buzz, while gold and oil prices extended their recent rallies. The upbeat mood among investors in the United States and Europe might help calm nerves about China after talk of credit tightening knocked property shares there on Monday.
RIO DE JANEIRO, Feb 24- Brazil's state-run oil company, Petroleo Brasileiro SA, will likely post a 30 percent drop in fourth-quarter profit, according to a Reuters poll of analysts, after a weaker Brazilian currency against the dollar undercut the impact of fuel-price increases.
BARCELONA, Spain, Feb 24- Samsung Electronics unveiled a new smart watch and fitness band along with the latest version of its Galaxy smartphone on Monday, demonstrating how the battleground for innovation is shifting from the hand to the wrist.
"I think we've gotten the details worked out and now it's just getting the schedule and... getting everyone lined up," Federal Deposit Insurance Corp Vice Chairman Thomas Hoenig told reporters at a conference.