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  • LONDON, Aug 19- Some major emerging currencies took a breather on Wednesday after a bruising few days, but many smaller ones were still suffering, while stocks hit fresh multi-year lows on reverberations from the weakening yuan. Russia's rouble ended six straight days of losses to gain 0.2 percent against the dollar, while South Africa's rand matched those...

  • LONDON, Aug 19- Copper held steady on Wednesday as the dollar fell and Chinese stock markets staged a late recovery, though persistent concerns over Chinese demand kept prices near six-year lows. However, persistent worries over Chinese growth sent global equities and oil lower on Wednesday, while metals investors remain unnerved by stuttering factory...

  • German parliament backs third Greek bailout package Wednesday, 19 Aug 2015 | 6:16 AM ET

    BERLIN, Aug 19- German lawmakers voted on Wednesday to back a third bailout for Greece despite a rebellion in the ranks of Chancellor Angela Merkel's conservatives that suggests she cannot ask parliament to help Athens again. A total of 454 lawmakers voted in favour of the 86- billion-euro package-- Greece's third in the last five years. The size of the' No' vote was...

  • Home improvement chain Lowe's sales rise 4.5 pct Wednesday, 19 Aug 2015 | 6:09 AM ET

    Aug 19- Lowe's Cos Inc, the No.2 U.S. home improvement chain, reported a 4.5 percent rise in quarterly sales as demand rose for products such as appliances and outdoor power equipment. The company's net income rose to $1.13 billion, or $1.20 per share, in the second quarter ended July 31 from $1.04 billion, or $1.04 per share, a year earlier. Net sales rose to $17.35...

  • LONDON, Aug 19- Fears about China's economy kept emerging markets under heavy pressure on Wednesday, while the dollar eased as traders waited on minutes from last month's Federal Reserve meeting for any hints on U.S. rate hike plans. On another rollercoaster day in Asia, Chinese shares plunged again before ending higher, Vietnam devalued its currency and...

  • LONDON, Aug 19- Gold rose on Wednesday as cautious investors shied away from the dollar ahead of U.S. inflation data and minutes of the Federal Reserve's last policy meeting, awaiting fresh clues on whether interest rates will rise next month. However, mixed U.S. data and worries over global growth and stability after China devalued the yuan last week have...

  • *But must give Greece a chance for new start. BERLIN, Aug 19- German Finance Minister Wolfgang Schaeuble urged lawmakers to back a third bailout for Greece in a vote on Wednesday, saying while there were no guarantees of success, it would be irresponsible not to give Greeks the chance for a new start. A significant minority of Merkel's conservatives voting against...

  • UPDATE 3-Oil prices steady but oversupply a concern Wednesday, 19 Aug 2015 | 5:29 AM ET

    *Lower September U.S. demand, Asia slowdown weigh on prices. LONDON, Aug 19- Oil prices steadied on Wednesday, consolidating after a six-week rout driven by global oversupply and concerns about falling demand in Asian economies and the United States. "I think the market has pushed too low and too fast," ABN Amro energy economist Hans van Cleef said.

  • UPDATE 1-Poll victor to build Sri Lankan unity government Wednesday, 19 Aug 2015 | 5:24 AM ET

    *Parliament to convene on Sept. 1. COLOMBO, Aug 19- General election victor Ranil Wickremesinghe on Wednesday called on Sri Lankans to unite as he set about the task of forming a national unity government that will seek to heal the divisions of the past. In his first major statement since his United National Party foiled ex-president Mahinda Rajapaksa's comeback...

  • JAISALMER, India, Aug 19- Two-and-a-half years after the completion of a new $17 million terminal building, the airport in Jaisalmer, a small and remote desert city in India's western Rajasthan state, stands empty. India has spent more than $50 million since 2009 on eight airports that do not receive scheduled flights- white elephants that are a reminder of the...

  • Goldman Sachs's unit obtains Hong Kong banking license Wednesday, 19 Aug 2015 | 5:05 AM ET

    HONG KONG, Aug 19- A wholly-owned unit of Goldman Sachs Group received a banking license from The Hong Kong Monetary Authority, the HKMA announced on Wednesday, in a step that creates a local subsidiary through which the U.S investment bank can book its trades. The so-called restricted banking license that Goldman Sachs has obtained allows it to take deposits of...

  • Poll victor to build Sri Lankan unity government Wednesday, 19 Aug 2015 | 5:02 AM ET

    COLOMBO, Aug 19- General election victor Ranil Wickremesinghe on Wednesday called on Sri Lankans to unite as he set about the task of forming a national unity government that will seek to heal the divisions of the past. In his first major statement since his United National Party foiled ex-president Mahinda Rajapaksa's comeback bid, Wickremesinghe struck a...

  • BERLIN, Aug 19- German Finance Minister Wolfgang Schaeuble urged lawmakers to back a third bailout for Greece in a vote on Wednesday, saying while there were no guarantees of success, it would be irresponsible not to give Greeks the chance for a new start. A significant minority of Merkel's conservatives voting against the package would send the government a...

  • Aug 19- Hong Kong shares finished lower on Wednesday for the fourth straight day, as investor confidence was subdued by a steady stream of gloomy news about China's economy. The Commerce Ministry said on Wednesday that exports could continue falling in coming months, after an 8.3 percent plunge in July, their biggest drop in four months, adding to concerns over...

  • *Commerce Ministry sees possible further falls in exports. SHANGHAI/ BEIJING, Aug 19- Chinese stock markets took a wild ride on Wednesday, tumbling and soaring in a session that made little sense other than to highlight that investors have almost no faith in a month-long government effort to stabilise them. The Shanghai and Shenzhen markets fell 3 percent in...

  • *Barclays sees rising risk copper prices could fall. MELBOURNE, Aug 19- London copper revived on Wednesday, but did not stray far from the $5,000 mark and near six-year lows struck in the previous session, as China's sharemarket stabilised, which soothed China bears fearing a worsening financial rout. Three-month copper on the London Metal Exchange had edged up...

  • BEIJING, Aug 19- The value of China's total solar photovoltaic manufacturing output topped $31 billion in the first half of 2015, the industry ministry said on Wednesday, as the push for renewable energy continues in the world's largest solar PV producer. China, the world's top greenhouse gas emitter, has committed to halting the rise in CO2 within the next 15...

  • *Europe bourses in 2015: http://link.reuters.com/pap87v. LONDON, Aug 19- European stock markets fell on Wednesday, extending a recent losing streak on the back of persistent worries over China, while brewer Carlsberg slumped after cutting its outlook. Worries over China have come to eclipse those over Greece's debt problems in recent weeks, with China's...

  • TOKYO, Aug 19- Japan and Iran will start negotiations on an investment accord once sanctions are lifted following last month's landmark international deal on Tehran's nuclear programme, the Nikkei reported on Wednesday, citing Japanese government sources. Japan is keen to boost ties with Iran and invest in resource projects in the country, as well as return...

  • FOREX-Dollar falls as traders await Fed lift-off signal Wednesday, 19 Aug 2015 | 3:54 AM ET

    *Sterling firm after pick up in UK inflation. The Bank of England is expected to follow the Fed with a hike, and that view was bolstered on Tuesday after better-than-expected core UK inflation numbers that sent sterling to a 7-1/ 2- year high on a trade-weighted basis. "The market may well look for a similar pick-up in the U.S. core inflation as we've seen in the UK, given...