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  • *Bank of Japan to invest $2.5 bln a year in exchange-traded funds. *BOJ already owns about half of Japan's ETF market. TOKYO, Jan 4- Japan's central bank, which dominates the domestic bond market, has begun to call the shots in the equity market as well-- to the point where asset managers are looking to design investment funds with the Bank of Japan in mind.

  • Tesla Model X

    Tesla Motors delivered 17,400 vehicles during the fourth quarter of 2015 and a total of 50,580 for the year, the company said on Sunday.

  • SAN FRANCISCO, Jan 3- New financial tools meant to help the Federal Reserve pull off its historic interest rate hike last month have worked, easing some internal concerns at the U.S. central bank, the Fed's vice chairman said on Sunday. "One possible concern about our unconventional policies has eased recently, as the Fed's normalization tools proved effective in...

  • Jan 3- Tesla Motors Inc delivered 17,400 vehicles during the fourth quarter of 2015 and a total of 50,580 for the year, the company said on Sunday. The Palo Alto, California- based pioneering automaker delivered about 75 percent more of its Model S than during the same period of the previous year, Tesla said. Deliveries of Tesla's Model X are "in line" with the company's...

  • LOS ANGELES, Jan 3- Having vanquished "Titanic" and " Jurassic World," "Star Wars: The Force Awakens" has set its sights on "Avatar." Avatar "earned $760.5 million during its stateside run and" Star Wars: The Force Awakens "has generated $740.4 million domestically after picking up $88.3 million over New Year's weekend. Paramount's "Daddy's Home," a comedy about a nerdy...

  • LOS ANGELES, Jan 3- Having vanquished "Titanic" and " Jurassic World," "Star Wars: The Force Awakens" has set its sights on "Avatar." Avatar "earned $760.5 million during its stateside run and" Star Wars: The Force Awakens "has generated $740.4 million domestically after picking up $88.3 million over New Year's weekend. Paramount's "Daddy's Home," a comedy about a nerdy...

  • MUSCAT, Jan 3- Oman's government has released a five-year plan to halve the economy's dependence on the oil industry as low crude prices pressure government finances. The 2016-2020 plan, set out in a statement by the Supreme Council for Planning late on Saturday, said over 500 programs and policies would seek to diversify the Omani economy into sectors such as...

  • HANOI, Jan 3- Vietnam will announce a central rate for the dong/dollar each day starting from Monday, shifting from a fixed rate of 21,890 dong/ dollar to allow more flexibility, the central bank said on Sunday. "The policy will allow the foreign exchange rate to be flexible... in accordance with the demand and supply of foreign currency within Vietnam and changes in...

  • LONDON, Jan 3- Two more investment banks have reported paying zero tax in Britain in 2014, prompting the opposition Labour party to urge the government to reverse a tax change it made for banks last year. Citigroup and Credit Suisse disclosed in the past fortnight that their main UK subsidiaries paid no corporate income tax in 2014, the most recent year for which...

  • At around $37 a barrel, crude prices are well below the $60 firms such as Total, Statoil and BP need to balance their books, a level that has already been sharply reduced over the past 18 months. Royal Dutch Shell has also announced a further $5 billion in spending cuts if its planned takeover of BG Group goes ahead. Global oil and gas investments are expected to fall to...

  • DUBAI, Jan 3- A rise in Iran's crude oil exports once sanctions against it are lifted depends on future global oil demand and should not further weaken oil prices, senior officials were quoted as saying. Oil Minister Bijan Zanganeh said Iran did not plan to exacerbate an already bearish oil market. Iran has repeatedly said it plans to raise oil output by 500,000...

  • CAIRO, Jan 3- Egypt's outstanding arrears to foreign oil companies rose to $3 billion at the end of December 2015 from $2.7 billion at the end of October, Petroleum Minister Tarek El Molla told Reuters on Sunday. The ministry had said in September that Egypt aimed to reduce the arrears owed to foreign oil companies to $2.5 billion by the end of 2015 and to pay them off...

  • DUBAI, Jan 3- A rise in Iran's crude oil exports once sanctions against it are lifted depends on future global oil demand and that should not further weaken oil prices, a senior Iranian oil official was quoted as saying. Oil prices are likely to come under further pressure this year, when international sanctions on Iran are due to be removed under a nuclear deal...

  • Oil workers weld a new pipeline at PDVSA's Jose Antonio Anzoategui industrial complex in the state of Anzoategui, Venezuela.

    Venezuela's state oil company is temporarily halting gas exports across the border to Colombia

  • Some of the country's universities are now offering online programs on the business of craft beer.

  • EMC Corp. world headquarters in Hopkinton, Massachusetts.

    EMC plans an unspecified number of layoffs ahead of its acquisition by Dell as the data storage company attempts to cut annual costs by $850 million.

  • A trader on the floor of the New York Stock Exchange, Dec. 31, 2015.

    Analysts, mutual-fund managers and other forecasters are telling investors to expect lower returns from stocks and bonds in 2016 than in past years.

  • Jan 1- France carried out air strikes early on Friday against oil sites in Syria near Islamic State's stronghold of Raqqa, French Defence Minister Jean-Yves Le Drian said during a visit to a military base in Jordan. France was the first country to join U.S.-led air strikes in Iraq. Since the Nov. 13 attacks on Paris, it has increased its aerial bombing of Islamic...

  • China's President Xi Jinping speaks during the opening ceremony of the 2nd annual World Internet Conference in Jiaxing, China, on Dec. 16, 2015.

    China looked set for a soggy start to 2016 after activity in the manufacturing sector contracted for a fifth straight month in December.

  • MUNICH, Jan 1- Germany received a tip hours before midnight that named militants from Iraq and Syria were planning attacks in Munich but police have been unable to find the suspects and are not even sure if they exist or are in the country, the Munich police chief said on Friday. We can't say if they are in Munich or in fact in Germany, "Andrae said. We have no information...