SHANGHAI, Nov 23- China's surprise interest rate cut is another step toward softening the country's exchange rate, setting the yuan on course to end the year lower for the first time since its landmark revaluation in 2005.. The People's Bank of China cut one-year benchmark lending rates on Friday, a move celebrated by Chinese corporates struggling against a...» Read More
*Libya arrives for OPEC meet with exports at a trickle. SINGAPORE, June 10- Brent futures rose above $110 a barrel on Tuesday, a day after posting their biggest daily percentage gain in nearly two months, on hopes of healthy demand growth from the United States and China- the world's top two oil consumers.
June 10- Sony Computer Entertainment Inc said it will release a PlayStation TV set-top box for $99 in North America this fall, through which users will be able to access movies and TV episodes from the PlayStation store.
TOKYO, June 10- Asia stocks rose to three-year highs on Tuesday on optimism over global growth prospects and a record run on Wall Street, which helped lift Treasury yields and the dollar. On Wall Street overnight the S&P 500 ended at a fourth straight record closing high and the Dow at its third.
NEW YORK, June 10- Wall Street banks are playing cat-and-mouse with U.S. regulators over rules that seek to reduce lending for deals that load up companies with too much debt, as they try to retain a profitable business and meet demands from clients and investors.
NEW YORK, June 10- Largely ignored during much of last year's 30 percent rally in the Standard& Poor's 500 Index, the stocks leading the U.S. market this year rank among its usually sleepiest components. The best sector in 2014 is utilities, including Consolidated Edison, about as staid a group as one can get.
HONG KONG/ Shanghai, June 10- China shares ended a choppy morning trade up on Tuesday, led by strong gains in financial counters after China detailed which banks would benefit from a recent cut of required reserves ratios.
*Says probe may hit metal it owns at China's Qingdao port. HONG KONG June 10- CITIC Resources Holdings Ltd said on Tuesday that metal it owns at Qingdao port may be affected by a probe into suspected fraud, the latest firm caught up in a scandal that has raised broader worries about the risks of metal financing in China.
June 10- PPL Corp and Riverstone Holdings LLC on Monday said they would combine their merchant power generation businesses into a new stand-alone, publicly traded independent power producer.
WASHINGTON, June 10- Foreclosure activity across the United States dropped to an eight-year low in May as banks reclaimed fewer homes and foreclosure starts saw their lowest levels in years, RealtyTrac said in a report on Tuesday.
HONG KONG, June 10- China's yuan rose for a third consecutive day on Tuesday after the central bank again fixed the daily trading midpoint stronger than market predictions, indicating it was comfortable with the currency gaining for now.
TOKYO, June 10- The dollar held steady versus a basket of major currencies on Tuesday, clinging to gains made the previous day thanks to higher U.S. bond yields after last week's solid U.S. jobs report.
*Libya arrives for OPEC meet with exports at a trickle. SINGAPORE, June 10- Brent futures rose above $110 a barrel on Tuesday, after posting their biggest daily gain in nearly two months in the previous session, on hopes of healthy demand growth from the United States and China- the world's top two oil consumers.
TOKYO, June 10- Asia stocks nudged three-year highs on Tuesday on rising optimism over global growth prospects and a record-run on Wall Street, helping lift Treasury yields and the dollar. On Wall Street overnight the S&P 500 ended at a fourth straight record closing high and the Dow at its third.
*Zinc market seen with 100,000 T deficit this yr- AME Group. *Citic Resources say business may be impacted by Qingdao probe. Improving global demand prospects are helping support prices for zinc and aluminium in particular, led by stronger than expected consumption and tight supply- at least in the first half, said analyst Matt Fusarelli at AME Group.
BEIJING, June 10- China's consumer inflation edged up to a four-month high of 2.5 percent in May while factory price deflation eased, reinforcing signs of stabilisation in the economy. China's consumer price index rose 2.5 percent in May from a year earlier, quickening from a 1.8 percent rise in April.
TOKYO, June 10- Japanese government bond prices mostly edged down on Tuesday, pushing up yields in the 9- year and longer zone. As expected, the Bank of Japan refrained from offering to buy JGBs under its massive purchase scheme, as it normally does when the Ministry of Finance conducts a JGB sale.
BRUSSELS, June 10- Eight hours of talks between Russia, Ukraine and the European Commission ended early on Tuesday without a deal on resolving a gas pricing row, raising the risk of supply disruption.
*BOJ likely to maintain view on Japan economy, exports. TOKYO, June 10- The Bank of Japan is set to keep monetary policy steady on Friday and may slightly revise up its assessment on overseas growth, signaling confidence that the economy is on course to meet its inflation target next year without additional stimulus.
TOKYO, June 10- Japan's Nikkei share average edged down Tuesday morning in choppy trade as investors took profits after the index hit a three-month high the previous day, but losses were limited by another rise on Wall Street.
HONG KONG, June 10- CITIC Resources Holdings Ltd said on Tuesday that metal it stores at China's Qingdao port may be affected by a probe into suspected fraud, the latest in series of global banks and trading houses potentially caught up in the scandal.