NEW YORK-- Shares of Valeant Pharmaceuticals International Inc. spiked up Friday afternoon after a report said it might soon buy eye care company Bausch& Lomb Inc. Both comments wouldn't comment.» Read More
TOKYO, Dec 13- Japanese government bonds tumbled on Thursday after an uninspiring 5- year auction failed to blunt the impact of surging Japanese equities, pushing benchmark yields away from last week's 9-1/ 2- year low. Federal Reserve announced a new bond buying programme in the previous session, while Japan's stock market rally also undermined demand.
TORONTO, Dec 12- A U.S. federal agency is set to trial Research In Motion's new BlackBerry 10 smartphone after recently ditching the brand in favor of Apple Inc's iPhone, in a boost for the embattled Canadian company.
TOKYO, Dec 13- Japan's Nikkei average surged above 9,700 for the first time in eight months, led by exporters, as the yen fell to a multi-month low on mounting expectations of aggressive monetary easing by the Bank of Japan after a general election at the weekend.
LONDON, Dec 13- European stock index futures pointed to a flat to lower open on Thursday, as investors balanced a new monetary boost from the U.S. Federal Reserve with lingering concerns that austerity measures could derail the world's largest economy.
HONG KONG, Dec 13- China stocks extended their retreat from a one-month high hit earlier this week as investors sold large-cap banking and energy shares to lock in recent gains. The CSI300 closed down 1.1 percent at 2,242.64. The Shanghai Composite fell 1.0 percent.
*Japan's trading houses have $63 bln in cash. TOKYO, Dec 13- Acquisitive Japanese trading houses will find the course clear of some of their toughest competitors in the race for Canadian energy assets after Ottawa said it would bar state-owned companies from taking majority stakes in oil sands assets.
TOKYO, Dec 13- Japan's securities watchdog said on Thursday it fined U.S. fund Tiger Asia Partners 67.71 million yen for manipulating markets through shares of Yahoo Japan Corp..
Dec 12- Google's navigation tool has returned to the iPhone, months after Apple's home-grown mapping service flopped, prompting user complaints, the firing of an executive and a public apology from Apple's CEO.
LAUNCESTON, Australia, Dec 13- Take seven recent research reports on the outlook for gold from top-ranked investment banks and consultants and you'll find one thing in common: Virtually no mention of China and India.
*CNOOC wants deepwater expertise to drill in South China Sea. HONG KONG/ NEW YORK Dec 13- CNOOC Ltd's purchase of Canadian energy producer Nexen Inc may prove to be bittersweet if U.S. regulators block the Chinese state-run oil company from taking over Nexen's oilfields in the Gulf of Mexico.
SINGAPORE, Dec 13- Brent crude slipped toward $109 a barrel on Thursday, on rising oil stockpiles and weaker fuel demand in the United States, while fears that the world's largest economy might miss a deadline for next year's budget kept bulls in check.
TOKYO, Dec 13- Japan's Nikkei average surged above 9,700 for the first time since early April, with exporters buoyed by a yen that falls as expectations rise that the Bank of Japan will implement more aggressive monetary easing. The Nikkei rose 1.7 percent to 9,742.73, the highest closing level since April 5. The broader Topix index was up 1.0 percent at 799.21.
LANSING, Mich., Dec 13- As a trained aerospace engineer, Patrick Colbeck applied his penchant for data analysis and "systematic approach" to his new job in early 2011: a Michigan state senator, recently elected and keen to create jobs in the faded industrial powerhouse.
WASHINGTON, Dec 13- After a year of knocking on doors and working the phones to get U.S. President Barack Obama re-elected, Meechie Biggers had gotten over her fear of talking politics with strangers.
Dec 13- A bill to extend a financial crisis-era deposit insurance program on Thursday failed to garner the needed support to overcome a crucial procedural vote in the U.S. Senate.
NEW YORK/ LONDON, Dec 13- Raw sugar and arabica coffee futures on ICE extended their losses and f ell to their lowest levels in more than two years on Thursday, prolonging slides driven by surplus supplies.
BRUSSELS, Dec 13- The European Union has scored a series of mini-victories in recent months and is ending 2012 in perhaps the best shape of the past four years, Finland's Europe minister said on Thursday.
PONTIAC, Mich, Dec 13- General Motors Co is counting on muscled up, more refined versions of its lucrative Chevrolet Silverado and GMC Sierra full-size pickup trucks to show investors and car buyers that the No. 1 U.S. automaker is back on track.
*Yuan rebounds to 6.2400/ dlr near midday. SHANGHAI, Dec 13- China's yuan strengthened through noon trade on Thursday from an eight-week low touched a day earlier, as the suspected aggressive dollar by the central bank died down, leaving corporates scrambling for other sources of yuan.
LONDON, Dec 13- German Bund futures sea-sawed on Thursday, ending the session lower after U.S. jobs data even as a mixed Spanish bond auction led to a rise in its borrowing costs in the secondary market.