*Nikkei leads the way, encouraged by late rally on Wall St. *UK, euro zone data in focus, Ukraine tensions simmer. LONDON, April 16- Share markets made broad gains on Wednesday after China reported economic growth a touch above forecasts, a relief for investors who had feared a much weaker outcome.» Read More
BOGOTA, April 15- Colombia's financial sector earned a net profit of 5.28 trillion pesos in February after heavy losses in January, thanks to lower market volatility, the country's financial regulator said on Tuesday. The sector lost 6.66 trillion pesos in January when the sector was buffeted by changes in monetary policy in the United States.
WASHINGTON, April 15- The Pentagon on Tuesday detailed $48.3 billion in cuts to major weapons programs like Lockheed Martin Corp's F-35 fighter jet that would kick in from fiscal 2016 to 2019 if Congress does not reverse automatic budget cuts that are to resume in 2016..
TOKYO- Bank of Japan Governor Haruhiko Kuroda speaks at the Japan Trust Banks Association- 0615 GMT. LJUBLJANA- Slovenia Finance Minister Uros Cufer speaks at a business conference on the European and Slovenian banking sector- 0700 GMT.
FED'S KOCHERLAKOTA: RESULTS OF U.S.
INFLATION WELL BELOW FED'S GOAL, EXPECTED TO STAY THERE FOR SEVERAL YEARS.
FARGO, N.D., April 15- The U.S. Federal Reserve is coming up short on its goals for both inflation and employment, a top Fed official said on Tuesday, and the central bank ought to do more to ensure they return to healthier levels.
EMPLOYMENT IS LOW, EXPECTED TO REMAIN THERE FOR SEVERAL YEARS.
SYDNEY, April 16- BHP Billiton is lifting its iron ore production this year to capture more of the Chinese market for the steelmaking ingredient, amid strong competition from rivals in Australia and Brazil.
SYDNEY, April 16- Commodity currencies nursed heavy losses early on Wednesday, while the other major currencies struggled for clear direction as investors kept a nervous eye on developments in Ukraine and ahead of a slew of Chinese economic data.
WASHINGTON, April 15- U.S. lawmakers probing how General Motors used faulty ignition switches in many vehicles are turning their scrutiny to the supplier of the part, Delphi Automotive.
KINGSTON, Jamaica— A Hong Kong- based company has been granted a license for what would be a major new power project in Jamaica, the Caribbean island's energy minister announced Tuesday. Phillip Paulwell said Energy World International is to supply 381 megawatts of natural gas-fired generating capacity for Jamaica's power grid.
SAN FRANCISCO, April 15- Intel Corp's first-quarter net profit exceeded Wall Street's estimates as the chipmaker wrestles with slow demand for personal computers and its chief executive officer said an ambitious goal to stake out market share in tablets was on track.
District Court judge on Tuesday stopped Massachusetts from implementing a ban on the sale of Zogenix Inc's prescription painkiller Zohydro, saying federal law superseded the state's action.
General Motors unveiled the 2015 model Tuesday evening ahead of the New York International Auto Show. General Motors thinks young buyers and downsizing Baby Boomers who like the Chevy Equinox and the Honda CR-V will go even smaller, as long as they can still sit up high. The Trax has been sold since 2012 in Canada and Mexico.
SAN FRANCISCO— A trade group for wireless providers said Tuesday that that nation's biggest mobile device manufacturers and carriers will soon put anti-theft tools on the gadgets to try to deter rampant smartphone theft.
WASHINGTON— The Obama administration is raising concern about the value of China's currency but is declining, as in recent years, to accuse Beijing of manipulating it. The Treasury Department said China's currency, the renminbi, has appreciated but not as fast or as much as needed.
District Judge David Carter in Santa Ana, California, nonetheless gave S&P, a unit of McGraw Hill Financial Inc, access to evidence that the lawsuit may have been in retaliation for the agency's Aug. 5, 2011 decision to lower the U.S. credit rating to "AA-plus" from "triple-A."
Treasury stopped short of declaring China a currency manipulator, but singled it out among large U.S. trading partners for its currency practices.
New York Attorney General Eric Schneiderman and San Francisco District Attorney, George Gascon welcomed the voluntary agreement but said it fell short of what they have advocated to prevent theft.
NEW YORK— Montreal's mayor sought to convince Manhattan business leaders Tuesday that his administration is moving past the corruption scandals that brought down his two predecessors and have become the "elephant in the room" when trying to lure investment to Canada's second largest city.