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  • TOKYO, Feb 6- North Korea has brought forward a time frame for the launch of a rocket that it says will carry an earth observation satellite, to begin on Sunday, the Japanese and South Korean governments said on Saturday. North Korea had earlier told the International Maritime Organisation it would launch the rocket some time between Feb. 8 and Feb. 25.

  • DIARY-Top Economic Events to Feb 18 Friday, 5 Feb 2016 | 7:01 PM ET

    MONDAY, FEBRUARY 8 LOS ANGELES- Federal Deposit Insurance Corp Chair Martin Gruenberg speaks before the 2016 National Inter-agency Community Reinvestment Conference, "Pathways to Economic Opportunity," sponsored by the Federal Reserve Bank of San Francisco, Federal Deposit Insurance Corporation, Office of the Comptroller of the Currency and the...

  • Business events scheduled for the coming week Friday, 5 Feb 2016 | 12:41 PM ET

    BERLIN— Germany releases industrial production figures for December. WASHINGTON— Commerce Department releases wholesale trade inventories for December, 10 a.m.; Labor Department releases job openings and labor turnover survey for December, 10 a.m.. WASHINGTON— Fed Chair Janet Yellen testifies to House committee on monetary policy, 10 a.m.; Embargo on prepared...

  • PARIS, Feb 5- France's Vinci is looking at opportunities to grow in concessions in Latin America and in oil and gas and infrastructures in Iran, as it further expands abroad to counter weak growth at home, its chief executive said on Friday. Vinci was also looking to grow all its businesses in America, notably motorway concessions in Brazil, Colombia and Mexico, and...

  • OSAKA, Japan, Feb 5- Foxconn should be able to reach a deal to acquire Sharp Corp over the next two to three weeks, after the two firms reached a consensus on most points at a meeting on Friday, Chief Executive Officer Terry Gou said. Foxconn, known formally as Hon Hai Precision Industry Co, has officially been given preferred negotiating rights, he told reporters.

  • *On track for worst week since May 2009. LONDON, Feb 5- The dollar inched up from a 2-1/ 2- month low on Friday but was on track for its heaviest weekly loss since 2009, as investors awaited U.S. employment data for justification of the view that the Federal Reserve will not raise rates in 2016.. Commerzbank currency strategist Thulan Nguyen, in Frankfurt, said a weak...

  • Whatever lifts off from North Korea's western coast space center this month, one thing is certain— since rockets and missiles inevitably have overlapping technologies, it will run afoul of U.N. resolutions that have been in place for years to bar North Korea from testing any technology that could be used to develop long-range ballistic missiles.

  • TOKYO— Honda Motor Co. said Friday that it would recall 5.7 million cars worldwide in the latest round of recalls involving Takata Corp. air bag inflators that can explode and hurl shrapnel into the vehicle. The total includes 440,000 vehicles in Japan and another 2.2 million in the United States announced earlier this week. Honda spokeswoman Yuka Abe would...

  • Toyota Motor Corp., the No. 1 automaker in global vehicle sales, reported Friday a 627.9 billion yen profit for the October-December fiscal third quarter, up from 600 billion yen a year earlier. Toyota's vehicle production in Japan will be suspended from Feb. 8 to Feb. 13. Over the three month period through December, Toyota's vehicle sales rose in North America,...

  • TOKYO, Feb 5- Japan's Nikkei share average fell for a fourth day on Friday on concerns that a stronger yen may squeeze exporters' earnings, while investors awaited U.S. jobs data for clues on the Federal Reserve's policy outlook. The Nikkei dropped 1.3 percent to 16,819.59 points, the lowest closing level since Jan. 26. Bucking the weakness, Sharp Corp soared on...

  • TOKYO, Feb 5- Asian equities were subdued on Friday and the dollar wobbled ahead of the closely watched U.S. jobs report, which could provide clues on the Federal Reserve's monetary policy outlook. Shanghai shares crept up 0.1 percent, South Korea's KOSPI shed 0.1 percent and Australian shares lost 0.7 percent. "The biggest concern for the Japanese market now is...

  • *Gou to hold news conference in Osaka at 0600 GMT. TAIPEI/ TOKYO, Feb 5- Foxconn Chief Executive Officer Terry Gou is in Osaka to meet executives of Japan's Sharp Corp, a Sharp spokesman said, one day after the struggling electronics maker said it was focusing on the Taiwan firm's takeover bid over a rival offer from a Japanese state-backed fund.

  • How much trouble are Japan's trading houses in? Thursday, 4 Feb 2016 | 8:48 PM ET
    Japan's troubled trading houses

    Japan's trading houses' have cut about 12.5 percent of the assets accumulated in the last six and a half years, says Pham Thanh Ha, Japan equity analyst from Jefferies.

  • The Bank of Japan joined the European Central Bank and others in instituting negative interest rate policy last week, and even the Federal Reserve is now modeling how banks would respond if it too took this particular plunge. Bank shares in Tokyo are down nearly 15 percent since rates went negative, and are down about 25 percent this year. Loans to energy and...

  • Business events scheduled for the coming week Thursday, 4 Feb 2016 | 1:39 PM ET

    WASHINGTON— Commerce Department releases wholesale trade inventories for December, 10 a.m.; Labor Department releases job openings and labor turnover survey for December, 10 a.m.. PARIS— French pharmaceutical firm Sanofi reports 2015 earnings. WASHINGTON— Labor Department releases weekly jobless claims, 8:30 a.m.; Freddie Mac, the mortgage company, releases...

  • Business events scheduled for Friday Thursday, 4 Feb 2016 | 1:14 PM ET

    WASHINGTON— Labor Department releases employment data for January, 8:30 a.m. Eastern. WASHINGTON— Commerce Department releases international trade data for December, 8:30 a.m.. WASHINGTON— Federal Reserve releases consumer credit data for December, 3 p.m..

  • *Graphic on UK inflation, rate: http://reut.rs/1SDRz9w. FRANKFURT, Feb 4- The world's top central banks have all but given up hope of returning to conventional monetary policy soon with many touting rate cuts, raising the risk of competitive currency devaluations and doubts they can meet their mandates. Federal Reserve and the Bank of England had expected to...

  • FOREX-No traction for dollar after Fed rates collapse Thursday, 4 Feb 2016 | 4:24 AM ET

    LONDON, Feb 4- The dollar was back on the defensive in early trade in Europe after a collapse in expectations of a further rise in U.S. interest rates this year drove its biggest daily fall in over two months on Wednesday. Another warning by European Central Bank chief Mario Draghi that the bank would not hesitate in doing what was necessary to get inflation back to...

  • *Europe shares follow Asia higher, focus on commodity firms. LONDON, Feb 4- Stocks advanced in Europe and Asia on Thursday, with the focus on energy companies as speculation U.S. interest rates may not rise at all this year left the dollar nursing hefty losses and oil held most of the previous day's big gains. Brent, the global benchmark, dipped 5 cents to $34.99 a barrel,...

  • *BOJ board members told of negative rate plan days before meeting. TOKYO, Feb 4- Just days before the Bank of Japan stunned financial markets with its radical adoption of negative interest rates, members of the central bank's own policy board had also been taken by surprise by the move. That would be in keeping with the single-minded style of central bank Governor...