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  • TOKYO, March 20- Asian stocks slipped on Friday as Federal Reserve-inspired gains petered out, while the dollar steadied after rebounding from the shock of a surprisingly dovish U.S. central bank. MSCI's broadest index of Asia-Pacific shares outside Japan was little changed after rallying 1.3 percent the previous day. "Crude oil is falling again and if U.S....

  • WASHINGTON, March 19- Further budget cuts would put the U.S. military's ability to protect the United States in "serious jeopardy" at a time when Iran and North Korea are advancing their own missile programs, the head of the U.S. Missile Defense Agency said on Thursday. That would affect Lockheed Martin Corp, Boeing Co and Raytheon Co. The three companies are working...

  • TOKYO, March 20- The dollar edged lower in early Asian trade on Friday but remained well above this week's lows plumbed after the Federal Reserve's dovish stance on interest rates sent the greenback tumbling. A majority of Wall Street's top banks now see the Fed holding off until at least September before raising rates, with odds fading for a June hike, a Reuters...

  • SEOUL, March 20- South Korea will increase its budget spending in the first half of the year to revitalise the economy and to expand demand as the recovery remains weak and investment sluggish, the finance ministry said on Friday. Spending from the budget will be boosted by 3 trillion won by end-June, while South Korean public agencies will increase their...

  • SAO PAULO, March 19- Cyrela Brazil Realty SA, Brazil's largest homebuilder by market value, reported a 17.8 percent fall in fourth-quarter net profit, mostly due to legal indemnifications for delayed units. Cyrela posted quarterly net income of 150 million reais, down from 183 million reais a year earlier, according to a securities filing on Thursday.

  • DIARY- Top Economic Events to April 1 Thursday, 19 Mar 2015 | 8:01 PM ET

    MIAMI, United States- U.S Treasury Secretary Jack Lew will participate in a moderated conversation hosted by the Greater Miami Chamber of Commerce and Miami Dade College. ATHENS, United States- Federal Reserve Bank of Atlanta President Dennis Lockhart speaks on monetary policy and the economic outlook before the Georgia Law Review Symposium- 1420 GMT.

  • The FAA also granted Amazon an exemption from other flight restrictions so the experimental drone can conduct those flights. The approval is a win for Seattle- based Amazon, the largest e-commerce company in the United States, and advances plans by the company and others to deliver packages using small, self-piloted aircraft. Amazon must keep flights below 400...

  • March 19- Nike Inc's quarterly profit beat market estimates as the world's largest sportswear maker sold more higher margin shoes and apparel, but the company warned Wall Street that the stronger dollar would take a toll on its current quarter. Orders for shoes and apparel scheduled for delivery from March through July 2015 at the end of the third quarter, a...

  • SAN FRANCISCO, March 19- Key staff members at the U.S. Federal Trade Commission were in favor of suing Google Inc for violating antitrust rules before the agency settled its investigation in 2013, according a confidential report cited by the Wall Street Journal on Thursday. The report recommended suing Google for several of its business practices.

  • US regulators approve Amazon drone test flights Thursday, 19 Mar 2015 | 7:24 PM ET

    Amazon.com Inc has won U.S. federal regulators' approval to test a delivery drone outdoors.

  • The meat enters through Hong Kong, Deputy U.S. How much U.S. beef is being transshipped through Hong Kong into China is not known, trade officials said. But the volume that comes in from the United States alone is more than all the beef consumed in Hong Kong, they said.

  • BRUSSELS, March 19- European Union leaders agreed on Thursday that economic sanctions imposed on Russia will stay in place until a Ukraine peace deal is fully implemented, effectively extending them to the end of the year if need be. EU governments were divided on whether to act now to renew economic sanctions on Russia which expire in July or to wait several...

  • SEATTLE, March 19- Amazon.com Inc has won U.S. federal regulators' approval to test a delivery drone outdoors, as the e-commerce giant pursues its vision of speeding packages to customers through the air, while facing public concern over safety and privacy. The FAA also granted Amazon an exemption from general flight restrictions on drones, or small unmanned...

  • WASHINGTON, March 19- Republican defense hawks in the U.S. Congress moved on Thursday to boost military funding in their budget plans, setting up a clash with fiscal conservatives in their party as the spending blueprints head to crucial votes next week. The Republican-controlled Senate Budget Committee approved its plan with an amendment to add $38 billion...

  • MEXICO CITY, March 19- A subsidiary of Mexican billionaire Carlos Slim's Grupo Financiero Inbursa bank has entered two loan agreements for nearly $700 million, pledging America Movil stock as collateral, according to a filing published on Thursday. The unit, Control Empresariales de Capitales, agreed on March 11 with HSBC to borrow up to 300 million euros and...

  • CARACAS, March 19- China will lend Venezuela around $10 billion in coming months, half as part of a bilateral financing deal and the other half for the development of oil fields, a senior official at state oil company PDVSA said on Thursday. Fresh funds are a boon for financially squeezed Venezuela and will likely increase market confidence over the OPEC...

  • SAN FRANCISCO/ ATLANTA, March 19- The Federal Reserve should err on the side of looser policy, a leading dove said on Thursday, a day after Fed officials dramatically cut their forecasts for the economy's growth, inflation and rate hikes at the U.S. central bank's policy meeting. Chicago Fed President Charles Evans said in a research paper there was a case for...

  • March 19- Bank of New York Mellon Corp has agreed to pay $714 million to resolve cases accusing the bank of overcharging pension funds and other clients for foreign exchange services, U.S. federal and state authorities said on Thursday. Attorney and New York attorney general, among others, that claim BNY Mellon told clients it would provide the best possible...

  • March 19- Amazon.com Inc has won U.S. federal regulators' approval to test a delivery drone, as the e-commerce giant pursues a vision of speeding packages to customers through the air amid public concern over the safety and privacy implications. The Federal Aviation Administration said on Thursday it had issued an experimental airworthiness certificate to...

  • March 19- GlaxoSmithKline Plc's drug to treat chronic breathing problems is safe and effective enough to be approved in adults with asthma, but not adolescents, an advisory panel to the U.S. Food and Drug Administration concluded on Thursday. The FDA is not obliged to follow the advice of its advisory panels but typically does so. Glaxo licensed the product from...