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  • The decision by the Kagoshima District Court clears another hurdle for the plant to begin starting up as early as June as the government pushes to restart Japan's idled nuclear industry four years after the Fukushima disaster. It also suggests another court ruling last week to prevent the operation of two reactors west of Tokyo may have been an aberration for...

  • KAGOSHIMA, Japan, April 22- A Japanese court rejected a lawsuit to halt the restart of Kyushu Electric Power's Sendai nuclear station, plaintiffs said on Wednesday, brushing aside the concerns of local residents worried about the safety of the plant. The decision by the Kagoshima District Court clears another hurdle for the Sendai station to begin starting up...

  • SINGAPORE, April 22- Gold gave up some of its overnight gains on Wednesday as the U.S. dollar firmed after earlier losses, with investors keeping their attention focused on the Greek debt crisis and its impact on the currency markets. *Greece, which is quickly running out of cash, pledged to its euro zone partners in February that by the end of April it would agree with...

  • *Crude oil extends losses as Yemen bombing ends. TOKYO, April 22- Japanese shares hit a new 15- year high on Wednesday on expectations of positive corporate earnings, while oil sagged after Saudi Arabia ended its military campaign in Yemen, easing tensions in the energy-rich Middle East. MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.2...

  • MELBOURNE, April 22- London copper was little changed near four-week lows on Wednesday as persistently weak consumer demand from China offset concerns over lower-than-expected mine supply. *Three-month copper on the London Metal Exchange was trading flat at $5,943 a tonne by 1206 GMT, curbing losses from the previous session when it edged to a four-day...

  • TOKYO, April 22- Japan posted its first trade surplus in nearly three years in March as exports of cars and electronics picked up, an encouraging sign that economic growth may be back on track after a sluggish start to the year. Weighed down by lower oil prices, imports by value tumbled 14.5 percent, more than the 12.8 percent drop expected, leaving Japan with a trade...

  • *Australia CPI data next test for AUD. SYDNEY, April 22- The yen nursed modest losses early in Asia on Wednesday, while the other major currencies drifted in familiar ranges with investors seemingly lacking enough conviction to break to new ground. Notably, the New Zealand dollar touched a three-month high of 92.10 yen, before easing back to 91.71 yen.

  • TOKYO, April 22- The Bank of Japan is likely to cut its inflation outlook for the current fiscal year next week, but will forecast price growth to roughly reach 2 percent in the following two years, sources said, underscoring the BOJ's conviction that a steady recovery will keep the economy on track to hit the target. Many BOJ policymakers prefer to hold off on...

  • *Says units cost now under $20/ t. SYDNEY, April 22- BHP Billiton said on Wednesday it was pushing out the timetable to expand its iron ore output to 290 million tonnes a year, as it reported a 20 percent rise in quarterly output and upped its full-year guidance. Spot iron ore prices have fallen 60 percent over the past year following a massive rise in production, which...

  • DIARY- Emerging Markets Economic Events to May 4 Tuesday, 21 Apr 2015 | 8:02 PM ET

    WASHINGTON- World Bank President Jim Yong Kim speaks at the global philanthropy forum- 1500 GMT. CAIRO- Central Bank of Egypt holds Monetary Policy Committee Meeting- 0100 GMT. BANGKOK- Bank of Thailand holds Monetary Policy Committee meeting.

  • DIARY- Top Economic Events to May 4 Tuesday, 21 Apr 2015 | 8:01 PM ET

    NEW YORK- Germany's Bundesbank board member Andreas Dombret speaks on current situation in the euro area- 1700 GMT. WASHINGTON- Senate Finance Committee holds hearing on nominations of Anne Elizabeth Wall to be a deputy undersecretary of the Treasury and Brodi Fontenot to be chief financial officer, U.S. Department of the Treasury- 1800 GMT.

  • SAN FRANCISCO, April 21- Yahoo Inc announced it is looking at cashing in its stake in Yahoo Japan Corp, which could be worth almost $9 billion before tax, news that boosted Yahoo's stock price. The advisers will help Yahoo "determine the most promising opportunities to maximize value" for the Yahoo Japan stake, said Mayer. Yahoo owns about 35 percent of Yahoo Japan...

  • Japan March exports rise 8.5 pct year/year - MOF Tuesday, 21 Apr 2015 | 7:56 PM ET

    TOKYO, April 22- Japan's exports rose 8.5 percent in March from a year earlier, a faster pace than in the previous month, government data showed on Wednesday, in a sign that overseas demand is gathering strength. The trade balance came to a surplus of 229.3 billion yen, versus the median estimate of a 50.0 billion yen surplus. For background, please view this PREVIEW To...

  • NEW YORK, April 21- Charges against a high-frequency trader for helping to spark the 2010 "flash crash" present a test of U.S. prosecutors' ability to win a big market manipulation case and may make other traders nervous they may be next, lawyers said on Tuesday. Sarao was arrested in the United Kingdom, after being charged in U.S. District Court in Chicago with fraud...

  • NEW YORK, April 21- Two former employees of a New York investment firm were found guilty on Tuesday of helping to run a Ponzi scheme that bilked around 3,800 investors of out of about $147 million, authorities said. Diane Kaylor and Jason Keryc, former employees of Long Island- based Agape World Inc, were convicted by a federal jury in Central Islip, New York, of charges...

  • WASHINGTON, April 21- U.S. Federal Communications Commission officials studying the proposed merger of Comcast Corp and Time Warner Cable Inc are scheduled to brief FCC commissioners' staff on their review on Wednesday, according to two sources familiar with the plan. Comcast's merger with Time Warner Cable would combine the nation's two largest cable...

  • NYMEX-Oil falls further on big build in U.S. stocks Tuesday, 21 Apr 2015 | 7:26 PM ET

    TOKYO, April 22- U.S. crude futures extended declines on Wednesday after Saudi Arabia ended a military campaign in Yemen, while industry data showed that a larger-than-expected build in U.S. oil inventories. *NYMEX crude for new June delivery was down 20 cents at $56.41 a barrel by 2318 GMT. *Saudi Arabia announced on Tuesday it was ending a month-long campaign of...

  • April 21- The U.S. government denied protection on Tuesday to a type of prairie bird found in Nevada and California in a victory for mining and ranching groups who feared sage-grouse protections could restrict their livelihoods. Secretary of the Interior Sally Jewell said at an event in Reno, Nevada, where she was joined by Nevada Governor Brian Sandoval, a...

  • WASHINGTON, April 21- A high-frequency trader was arrested in London over his alleged role in the May 2010 "flash crash" that briefly wiped out nearly $1 trillion in market value, the first time authorities have blamed manipulation for the turbulence. The U.S. Justice Department said on Tuesday that it had criminally charged Navinder Singh Sarao, 36, of London,...

  • BUENOS AIRES, April 21- Cash-strapped Argentina sold $1.4159 billion worth of local law Bonar24 bonds in a top-up on Tuesday, receiving bids for more than three times the amount on offer, the Economy Ministry said. The results also show that, facing low foreign reserves, Argentina can issue paper to finance itself, albeit at high yields. Argentina has sought to...