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  • *OPEC says 90 percent of oil output cuts made in January. *OPEC wants compliance with cuts even higher, says Sec-Gen. LONDON, Feb 21- Oil prices rose more than $1 a barrel on Tuesday after OPEC said it was sticking to its agreement to cut production and hoped compliance with the deal would be even higher.

  • *OPEC says 90 percent of oil output cuts made in January. *OPEC wants compliance with cuts even higher, says Sec-Gen. LONDON, Feb 21- Oil prices rose more than $1 a barrel on Tuesday after OPEC said it was sticking to its agreement to cut production and hoped compliance with the deal would be even higher.

  • President Donald Trump takes the oath of office as his wife Melania Trump holds the bible on the West Front of the U.S. Capitol on January 20, 2017.

    Trump has been confronted with a series of administrative crises while struggling to move the ball on key policy priorities, NBC News reports.

  • *OPEC says 90 percent of oil output cuts made in January. *OPEC wants compliance with cuts even higher, says Sec-Gen. LONDON, Feb 21- Oil prices rose more than $1 a barrel on Tuesday after OPEC said it was sticking to its agreement to cut production and hoped compliance with the deal would be even higher.

  • *Money managers bet OPEC cuts will tighten market. LONDON, Feb 21- Oil rose on Tuesday after exchange data showed hedge funds placing record bets on North Sea and U.S. crude as OPEC production cuts tightened supply. Money managers now hold the highest volume of net long Brent futures and options on record, InterContinental Exchange data showed on Monday, betting on...

  • TOKYO— Embattled Japanese electronics maker Toshiba Corp. is selling its stake in a medical equipment leasing company to Canon Inc. for 31.4 billion yen. Toshiba said Tuesday it is selling its entire 65 percent stake in Toshiba Medical Finance Co. to Canon, a Japanese camera maker, effective March 31. Tokyo- based Toshiba has been in talks with Canon since late...

  • TOKYO, Feb 21- Japanese government bonds edged lower on Tuesday, taking their cue from higher U.S. U.S. markets were closed for the Presidents' Day holiday on Monday. The 30- year JGB yield rose 0.5 bp to 0.920 percent, matching its highest level since February 2016 logged in the previous session, while the 20- year yield was flat at 0.705 percent.

  • TOKYO, Feb 21- Japanese government bonds edged lower on Tuesday, taking their cue from higher U.S. U.S. markets were closed for the Presidents' Day holiday on Monday. The 30- year JGB yield rose 0.5 bp to 0.920 percent, matching its highest level since February 2016 logged in the previous session, while the 20- year yield was flat at 0.705 percent.

  • *China valuations remain in the middle of the pack in Asia. MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.2 percent on Tuesday and held below a 19- month peak hit last Thursday. "We upgraded our China equities call last month because of the strong economic data and comments coming out from the new U.S. administration pointing to a softer...

  • Consumer goods giant Kraft Heinz is falling after it withdrew a $143 billion offer for competition Unilever, but several other food and household goods makers are rising as investors bet Kraft will make an offer for one of those companies instead. LET'S CALL THE WHOLE THING OFF: Kraft Heinz and Unilever both slumped after Kraft withdrew a $143 billion offer to...

  • A general view shows the Marina Bay Sands hotel and resort in Singapore on March 19, 2016.

    A resort hosting casinos in Japan could cost up to $10 billion to construct, Las Vegas Sands' chief said.

  • This undated picture released by North Korean news agency, KCNA (Korean Central News Agency) on February 2, 2017 shows North Korean leader Kim Jong-Un visiting newly built Pyongyang Orphans' Primary School.

    North Korea will probably be “the single most defining geopolitical challenge” for the Trump administration, a former NSC Asia director said.

  • *Japan "integrated resort" would cost $6- 10 bln- CEO. TOKYO, Feb 21- A resort hosting casinos in Japan could cost up to $10 billion to build, Las Vegas Sands Corp's chief said, as the casino operator looks to win operating rights in what is widely expected to become the world's second-biggest casino market. "It would be at least what we paid in Singapore, $6 billion...

  • MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.2 percent on Tuesday and held below a 19- month peak hit last Thursday. "We upgraded our China equities call last month because of the strong economic data and comments coming out from the new U.S. administration pointing to a softer stance towards China," said Francis Cheung, head of China- Hong...

  • Why this economist is optimistic about global trade

    Eric Fishwick of CLSA says that there has been a pick-up in trade and manufacturing figures and it wasn't brought about by President Trump.

  • BOISE, United States- Federal Reserve Bank of San Francisco President John Williams speaks on "Getting to Know the Fed" before Boise State University students- 2030 GMT. GOLDEN VALLEY, United States- Federal Reserve Bank of Minneapolis President Neel Kashkari participates in conversation on the economy and the role of the Federal Reserve before the Financial...

  • BOISE, United States- Federal Reserve Bank of San Francisco President John Williams speaks on "Getting to Know the Fed" before Boise State University students- 2030 GMT. GOLDEN VALLEY, United States- Federal Reserve Bank of Minneapolis President Neel Kashkari participates in conversation on the economy and the role of the Federal Reserve before the Financial...

  • Compliance with OPEC cut around 90 pct, but U.S. output rising. Top OPEC exporter Saudi Arabia's crude oil shipments fell in December to 8.014 million barrels per day from 8.258 million bpd in November, official data showed on Monday. U.S. futures West Texas Intermediate crude gained about 29 cents or 0.5 percent to $53.69 prior to the close of trade at 1 p.m. EST, an...

  • *Compliance with OPEC cut around 90 pct, but U.S. output rising. NEW YORK, Feb 20- Oil prices inched higher on Monday, as investor optimism over the effectiveness of producer cuts encouraged record bets on a sustained rally, although growing U.S. output and stubbornly high stockpiles kept price gains in check. Top OPEC exporter Saudi Arabia's crude oil shipments...

  • Feb 20- Saudi Arabia is favoring New York to list state oil giant Saudi Aramco, while also considering London and Toronto for the prospect of floating the firm, the Wall Street Journal reported on Monday. Saudi officials also talked to exchanges in Singapore, Hong Kong, Tokyo and Shanghai but are unlikely to pursue listing in those places, the newspaper said, citing...