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  • TOKYO, Feb 18- Japanese stocks rebounded on Thursday after better-than-expected U.S. economic data and rising oil prices helped burnish global investor sentiment for riskier assets. The Nikkei share average rose 2.3 percent to 16,196.80, its highest close in a week and a half, shrugging off fresh domestic data showing exports declined the most since October...

  • The proposed regulation, unveiled by FCC Chairman Tom Wheeler in January, would allow customers to obtain video services from providers such as Alphabet Inc, Apple Inc and Tivo, instead of cable, satellite and other television providers such Comcast Corp and Verizon Communications. The FCC has said that opening the set-top box market for alternatives such as a...

  • Feb 18- Boeing Co's engineers' union ratified six-year labor contracts by a wide margin on Wednesday, a vote that ensures stability during a period when Boeing is bringing out new versions of its two most profitable jetliners.

  • *Sinopec says may reopen the oilfields based on market changes. BEIJING, Feb 18- China's state-owned Sinopec will shut four small oilfields this year at Shengli in the eastern province of Shandong as low global oil prices take a toll on output from the country's ageing fields. Both reports were published on the Shengli Daily's official account in the Chinese...

  • SINGAPORE/ SEOUL, Feb 18- Rising demand for diesel in South Korea is slowing the pace of exports from one of Asia's top shippers of the fuel, offering a rare bright spot in a region where surplus supply has driven down refining margins. The export slowdown could buoy Asian margins for refining diesel, which fell to six-year lows in late January on increased exports...

  • TOKYO, Feb 18- The Group of 20 major economies must take coordinated policy action as needed to mitigate the negative impact of volatile financial markets on the global economy, Bank of Japan Governor Haruhiko Kuroda said on Thursday. "The United States, China, the euro zone and Japan... must take coordinated action as needed," Kuroda told an upper house financial...

  • NEW YORK, Feb 18- Ray Dalio, founder of the world's largest hedge fund Bridgewater Associates, says the next big monetary and fiscal move should include an airdrop of money from helicopters to stimulate the U.S. economy. Helicopter money is a reference to an idea made popular by the American economist Milton Friedman in 1969 that dropping money out of helicopters...

  • The FDA has cited five fetal deaths in women who became pregnant after using Essure, two metal coils inserted into the fallopian tubes. The FDA also cited four adult deaths for reasons such as infection and uterine perforation. The disparity on fetal deaths between the FDA count and her own was because the agency searches broad headings of adverse event reports...

  • *Energy shares in China, HK jump on higher oil prices. China stocks were also firmer, with investor optimism sustained by Beijing's fresh moves to support the economy, and expectations that more stimulus is in the pipeline. In China, the blue-chip CSI300 index rose 0.5 percent, to 3,077.25 points by lunch break, while the Shanghai Composite Index gained 0.4 percent,...

  • MANILA, Feb 18- The Philippines' offer of 25- year U.S. dollar bonds attracted huge demand, as the government sold $2 billion worth of the paper at a record low rate in a sign of investor's confidence in the Southeast Asian economy. The Philippines, which used to be one of Asia's most active sovereign bond issuers, raised $500 million from the 25- year bond sale, with...

  • SHANGHAI, Feb 18- The yuan edged up against the dollar on Thursday after the central bank fixed a slightly stronger midpoint. The People's Bank of China set the midpoint rate at 6.5152 per dollar prior to market open, 0.13 percent firmer than the previous fix of 6.5237. On Thursday, Wang Yiming, a senior analyst at the Development Research Centre of the State Council,...

  • SINGAPORE, Feb 18- Crude futures rose in Asian trade on Thursday after Iran welcomed plans by Russia and Saudi Arabia to cap production, although analysts said the move would not lead to any output cuts and Tehran offered no action of its own. After oil prices rose in the previous session as much 8 percent, commentators suggested markets had overreacted to Iran's...

  • WASHINGTON, Feb 17- President Barack Obama will visit Cuba in the coming weeks, a senior administration official said on Wednesday, making a historic trip in the final year of his presidency that will mark a turning point in U.S. relations with a long-time Cold War foe. The visit to Havana by Obama would cap what administration officials see as one of his legacy...

  • *Chicago wheat falls after gaining 2.4 pct in 2 sessions Corn, soybean little changed; Brazilian port delays in focus. SINGAPORE, Feb 18- U.S. wheat lost ground on Thursday, while corn was largely unchanged as the grain markets took a breather after climbing for two days on short covering by investors amid a rally in crude oil prices. The Chicago Board Of Trade's...

  • TOKYO, Feb 18- Toyota Motor Corp said on Thursday it is conducting a global recall of 2.87 million vehicles due to the possibility that their seatbelts could be damaged by a metal seat frame part in the event of a crash. In an email, the world's biggest-selling automaker said that the global recall involved its RAV4 SUV model produced between July 2005 and August...

  • HANOI, Feb 18- Engine manufacturer Pratt& Whitney has signed a $3.04 billion contract to sell engines to budget airline VietJet Air for Airbus aircraft, the airline said in a statement. The engines will be installed on 63 A320 and A321 planes ordered by VietJet under the contract signed at the Singapore Airshow, Vietnam's first privately owned carrier said in the...

  • WHITE HOUSE TO ANNOUNCE ON THURSDAY THAT OBAMA WILL TRAVEL TO CUBA AS PART OF A LATIN AMERICA TRIP IN COMING WEEKS- ADMINISTRATION OFFICIAL.

  • MANILA, Feb 18- The Philippines' offer of 25- year U.S. dollar bonds attracted huge demand, in a sign of investor's confidence in the Southeast Asian economy, allowing the government to sell $2 billion worth of the paper at a record low rate. The Philippines, which used to be one of Asia's most active sovereign bond issuers, will switch $1.5 billion worth of new 25- year...

  • ST. LOUIS, Feb 17- One of the U.S. Louis Fed President James Bullard argued steadily last year for the U.S. central bank to tighten policy and sounded alarms over the risk that continued low rates would create dangerous asset bubbles. His change of emphasis puts him more in line with dovish Fed members like board member Lael Brainard, who voiced similar inflation...

  • BEIJING, Feb 18- China has approved construction plans for two urban railway projects with a total investment value of 55.0 billion yuan, the country's top economic planner said in statements on its website on Thursday. The projects include a 16.1 billion yuan urban railway in Wuhu, a city in the southeastern Anhui province. Another project, worth 38.9 billion...