SEOUL, Dec 12- South Korea will start a winter campaign on Monday to curb peak power demand as a quarter of its nuclear units are offline, including one shut as planned on Thursday for maintenance.» Read More
ZURICH, June 21- The Swiss government will consider ways to allow the country's banks to hand over information to U.S. authorities either next Wednesday or a week later, a spokesman said on Friday, later than previously indicated.
NEW YORK, June 21- U.S. stocks edged higher at the open on Friday, bouncing back from a two-day selloff triggered by concern over the future of central bank stimulus, but major indexes were still on track to post sharp losses for the week.
*Inflation rises to 0.7 pct from 0.4 pct, still well below target. OTTAWA, June 21- A jump in natural gas prices raised Canada's annual rate of inflation to 0.7 percent in May from a 3-1/ 2- year low of 0.4 percent, but the figure remained well below the central bank's target, confirming there is little pressure to raise interest rates soon.
*Indonesia blames eight companies for fires. JAKARTA, June 21- Indonesia deployed military planes to fight raging forest fires on Friday that blanketed neighbouring Singapore in record levels of hazardous smog for a third straight day in one of Southeast Asia's worst air-pollution crises.
*Tim Adams will also take "substantially" lower salary. "No more castles," Tim Adams, the new head of the Institute of International Finance, told Reuters. "
ZURICH, June 21- The Swiss government will consider ways to allow its banks to hand over information to U.S. authorities either next Wednesday or a week later, a spokesman said on Friday, later than previously indicated.
*Fed to buy $1.25 bln to $1.75 bln in bonds due 2036-2043. NEW YORK, June 21- U.S. That's been a negative for Treasuries as hedges are unwound, "said Sean Murphy, a Treasuries trader at Societe Generale in New York.
BERLIN, June 21- Germany and Turkey summoned each other's ambassadors on Friday for tit-for-tat reproaches in an escalating row over Chancellor Angela Merkel's criticism of a crackdown on protesters in Turkey and her reluctance to see the country join the European Union.
*News Corp spinoff to replace Apollo Group in S&P 500. *Oracle slides before market open after results miss. "While volatility is going to remain high, the market next week will move to a consolidation phase," said Peter Cardillo, chief market economist at Rockwell Global Capital in New York.
*Rosneft to supply China with 365 mln t of oil for 25 years. ST PETERSBURG, June 21- Russia's Rosneft agreed a $270 billion deal to double oil supplies to China on Friday, as the Kremlin energy champion shifts its focus to Asia from saturated and crisis-hit European markets.
*BP developing advanced biofuels technology in the U.S. LONDON, June 21- Oil major BP is directing investment in advanced biofuels to the United States and South America due to uncertainty about the European Union's future regulatory environment, a senior executive said.
June 21- Dell Inc's billionaire founder Michael Dell said he would oppose any leveraged recapitalization of the company and called on stakeholders to vote in favor of his buyout offer, ahead of a shareholder meeting next month.
*MSCI World index on track for worst week for 12 months. *European shares up 0.6 pct, Wall Street seen higher. LONDON, June 21- Leading world shares, bonds and commodities staged a modest recovery on Friday after sharp falls triggered by the U.S.
TORONTO, June 21- Sun Life Financial Inc on Friday warned of a likely delay in the sale of its U.S. annuity business because the New York Department of Financial Services has yet to approve the deal.
*Greek bond yields eye biggest daily rise since July 2012. ATHENS, June 21- The smallest party in Greece's ruling coalition pulled out of the government on Friday after a row over the abrupt closure of the state broadcaster, leaving Prime Minister Antonis Samaras with a tiny majority in parliament.
*Canada May CPI rises to 0.7 pct year-on-year from 0.4 pct. OTTAWA, June 21- A jump in natural gas prices drove up Canada's annual inflation to 0.7 percent in May from a 3-1/ 2- year low of 0.4 percent, but the rate remained well below the central bank target, confirming there is little pressure to raise interest rates soon.
*Gold prices recover some ground after Thursday's rout. LONDON, June 21- Gold recovered some ground to trade more than 1 percent higher, after hitting near three-year lows earlier on Friday, but stayed on track for its biggest weekly drop in almost two years after the U.S. central bank signalled an end to easy money.
*Iraq and Lebanon alarmed at spread of Syria war. LONDON, June 21- Brent crude held above $102 a barrel as some investors cautiously returned to oil on Friday, a day after a steep decline sparked by the U.S. Brent crude was up 16 cents to $102.31 by 1232 GMT.
*News Corp spinoff to replace Apollo Group in S&P 500. Share prices had slumped since Wednesday, when Federal Reserve Chairman Ben Bernanke laid out the U.S. central bank's plans to pull back on its $85 billion in monthly asset purchases.
PARIS, June 21- France's Socialist government aims to introduce a law preventing online retailer Amazon from offering both discounts and free delivery for books in France, the culture minister said, arguing this amounts to unfair competition. Amazon in France declined to comment.