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  • Thousands strike at major shoe factory in Vietnam Tuesday, 31 Mar 2015 | 11:32 PM ET

    HANOI, Vietnam— Thousands of Vietnamese workers at a major footwear factory are on strike for the sixth straight day to protest a social insurance law. Pou Yuen Vietnam, which employs more than 80,000 workers, is a subsidiary of Pou Chen Group. It makes footwear for companies such as Nike and Adidas.

  • *Iran talks extend past deadline, crude extends losses. TOKYO, April 1- Asian stocks sagged on Wednesday, taking their lead from weaker U.S. shares, while the dollar slid against the yen as Tokyo's Nikkei recoiled in volatile trade. Crude oil prices continued to decline as negotiations between Iran and world powers over nuclear technology with potential supply...

  • PRECIOUS-Gold edges up after March drop as dollar slips Tuesday, 31 Mar 2015 | 11:10 PM ET

    *Gold snaps 3- day fall, lost 2.4 pct in March. SINGAPORE, April 1- Gold kicked off April by climbing on Wednesday as the dollar retreated, but expectations the Federal Reserve is on course to lift interest rates this year capped bullion's gains. "There's some short-term support around $1,180, but I still believe the price will continue to go down given pressure from...

  • Surveys show China manufacturing weak in February Tuesday, 31 Mar 2015 | 10:39 PM ET

    BEIJING— China's manufacturing was lackluster in February and industrial employers shed more jobs, two surveys showed Wednesday, adding to pressure on Beijing to shore up weakening growth in the world's second-largest economy. HSBC's monthly manufacturing index, which is based on a survey of factory purchasing managers, fell to 49.6 from 50.7 in January on a...

  • *China official PMI edges up to 50.1 in March. *China bonded nickel premiums jump $15 on bargain-hunting. MELBOURNE, April 1- London copper prices steadied on Wednesday after Chinese factory activity performed a fraction better than expected, while nickel plumbed new six-year lows as China nickel pig iron producers sold stocks to raise cash.

  • BUENOS AIRES, March 31- Argentina made an interest payment on its restructured debt on Tuesday, an economy ministry spokeswoman said, although the money would almost certainly not reach most bondholders due to international lawsuits over defaulted bonds. A U.S. judge has barred Argentina from paying interest on bonds that were restructured after its 2002...

  • *Iran nuclear talks extend beyond Tuesday deadline. Talks between Iran and six world powers to settle a dispute around Tehran's nuclear programme extended beyond a Tuesday deadline, as the parties edged towards a deal but failed to agree to crucial details such as the lifting of U.N. sanctions. Talks had appeared to bog down, after the United States warned that it...

  • BEIJING, April 1- Surveys of China's manufacturing and services sectors showed persistent weakness in the world's second-biggest economy in March, adding to bets that Beijing will have to roll out more policy support to avert a sharper slowdown. In another sign that businesses faced lackluster demand, a separate survey of China's services sector showed the...

  • March 31- A court in Buffalo, New York, dismissed a petition on Monday filed by New York state, alleging that HSBC Holdings Plc ignored a law designed to protect homeowners from being thrown into foreclosure without getting a chance to renegotiate their mortgages. The lawsuit filed by Attorney General Eric Schneiderman in 2013 accused HSBC of letting...

  • LOS ANGELES— A man was found dead Tuesday in the Hollywood Hills home of Getty oil fortune heir Andrew Getty, but officials didn't say if the body was that of J. Paul Getty's grandson. Getty is one of four sons of Gordon Getty, a San Francisco multibillionaire who is among the richest men in the United States. Calls to numbers associated with Andrew Getty and Gordon...

  • TOKYO, April 1- Weakening demand at home and abroad weighed on Japanese manufacturers' confidence in the first quarter, prompting them to cut spending plans, clouding the outlook for Prime Minister Shinzo Abe's drive to reflate the economy. But the latest central bank survey showed service-sector firms saw business conditions improve to a nearly one-year...

  • TOKYO, April 1- Tokyo shares fell on Wednesday as investors sold recent gainers to lock in profit on the first day of Japanese financial year and after soft reading on the Bank of Japan's tankan business sentiment survey. A close below the 25- day moving average would probably lead to a near-term correction in the market, "said Takashi Oba, senior strategist at...

  • SHANGHAI, April 1- CHINA HSBC MARCH FINAL MANUFACTURING PMI 49.6. The final HSBC/ Market China Manufacturing Purchasing Managers' Index came in at 49.6, slightly higher than a preliminary "flash" reading of 49.2 but still below the 50- mark which separates contraction from expansion. Meanwhile, company downsizing contributed to a further decline in...

  • TOKYO, April 1- Japanese manufacturing activity expanded more slowly in March than in the previous month as domestic orders contracted for the first time in almost a year, in a worrying sign that the recovering economy may be losing momentum. The final Markit/ JMMA Japan Manufacturing Purchasing Managers Index was 50.3, just below the preliminary reading of...

  • BEIJING, April 1- Growth in China's services sector cooled slightly in March and hovered near one-year lows, an official survey showed on Wednesday, adding to concerns that the economy is losing more momentum. The services sector was the lone bright spot in China's slowing economy last year, expanding strongly and creating more jobs even as activity in the...

  • BEIJING, April 1- Activity in China's factory sector unexpectedly picked up in March but remained weak, an official survey showed, reinforcing signs of persistent sluggishness in the economy which may need further policy support. The official Purchasing Managers' Index, released by the National Bureau of Statistics on Wednesday, edged up to 50.1 in March from...

  • METALS-LME nickel hits new 6-year low on forced sales Tuesday, 31 Mar 2015 | 9:03 PM ET

    MELBOURNE, April 1- London nickel sank to new six-year lows on Wednesday as Chinese nickel pig iron makers sold nickel stocks due to weak local demand for their product, while copper prices drifted ahead of key China manufacturing data out soon. The most-traded June copper contract on the Shanghai Futures Exchange dropped 1.6 percent to 43,090 yuan a tonne.

  • Scion youth looks to sedan, hatchback to revive sales Tuesday, 31 Mar 2015 | 9:01 PM ET

    NEW YORK— Toyota is turning to a sporty hatchback and a low-cost sedan to restore some hipness— and sales— to its youth-oriented Scion brand. If it snags a few baby boomers along the way, so be it. Brand chief Doug Murtha says the new cars to be unveiled at the New York auto show this week stay true to the original mission.

  • NEW YORK, March 31- As the bull market in U.S. stocks enters its seventh year, the 2015 U.S. "We wanted to highlight consistency over multiple time periods this year," said Tom Roseen, head of research services at Lipper, a division of Thomson Reuters. Five socially screened funds received Lipper Awards, including the Calvert Global Water Fund, the Guidestone...

  • SEOUL, April 1- South Korean exports fell the most in two years in March and inflation hit its lowest since 1999, weakening economic momentum and putting the central bank under pressure to cut interest rates again. "South Korea's economy needs both consumption and exports to escape this rut, and exports are more important out of the two," said Im No-jung, chief...