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  • LONDON, Aug 4- Britain's Serious Fraud Office is poised to file more criminal charges in connection with its investigation into alleged rigging of benchmark interest rates after sealing the world's first Libor conviction in a jury trial on Monday. Green has staked his reputation on a successful prosecution in the investigation into the suspected...

  • *Disappointing U.S. data raise doubts on rate hike in Sept. NEW YORK, Aug 4- The dollar was little changed against a basket of currencies on Tuesday following a batch of disappointing economic data, while currencies tied to commodities rebounded on a stabilization in oil and metal prices that had fallen sharply in recent weeks. "It's been a quiet day with most major...

  • PARIS, Aug 4- Airbus has won a patent for a hypersonic plane, but Concorde's hydrogen-powered successor is unlikely to leave the drawing board any time soon. But Airbus dampened any hopes of a quick return to the days of the Anglo-French supersonic jet, which was taken out of service in 2003 due to high operating costs. "Airbus Group and its divisions apply for...

  • TOKYO, Aug 4- An economic adviser to Japan's prime minister said on Tuesday that he saw no need for the Bank of Japan to deploy additional stimulus to meet its 2 percent inflation goal next year, warning that it could cause the yen to weaken and prices to overshoot. Etsuro Honda, special adviser to the Cabinet and a leading architect of Prime Minister Shinzo Abe's...

  • *China price wars sapping profit from rising sales. TOKYO, Aug 4- Toyota Motor Corp said it "can't be optimistic" about profitability in China, the world's biggest auto market, where slowing growth is forcing the Japanese manufacturer to cut prices and offer buying incentives to keep up with rivals. Toyota, which on Tuesday reported record first-quarter net profit...

  • Britain's FTSE 100 edged down 0.2 percent to 6,673.48. CHINA WEAKNESS: Two recent surveys showed China's giant manufacturing industry weakened in July, suggesting government efforts to stimulate the world's No. 2 economy aren't gaining broad traction. We saw a surprise downward adjustment to China's gauge for smaller manufacturers' activity, signaling...

  • TOKYO, Aug 4- Toyota Motor Corp posted a third straight year of record first-quarter net profit on Tuesday, easily beating analyst estimates, as costs cuts and currency gains made up for slightly weaker vehicle sales. April-June profit jumped 10 percent to 646.39 billion yen versus the 607.5 billion yen average estimate of 11 analysts polled by Thomson Reuters.

  • Toyota Motor Corp. had a fiscal first quarter profit of 646.3 billion yen, up from $587.7 billion a year earlier. But it sold about 127,000 fewer vehicles compared to last year, at 2.1 million vehicles during the quarter, as sales languished in Japan, other parts of Asia, and Europe. The manufacturer of the Prius hybrid, Lexus luxury model and Camry sedan was hit by a...

  • --Clyde Russell is a Reuters columnist. LAUNCESTON, Australia, Aug 4- It may have begun with some promise, but an attempt by natural rubber producers to drive prices higher by trimming supply has flopped less than four months after it started. Asia's rubber benchmarks are now below where they were in late April, when at least 10 major producing companies said they...

  • *Loonie hits 11- year lows as oil prices sink on China worries. TOKYO/ SYDNEY, Aug 4- The Australian dollar rose on Tuesday after the Reserve Bank of Australia took a more measured view on the currency's weakness, while the Canadian dollar languished at 11- year lows as a continuing selloff in oil prices thrust the loonie and other commodity currencies into the...

  • TOKYO, Aug 4- Asian shares cautiously nudged into positive territory on Tuesday after downbeat economic data pressured Wall Street ahead of a key U.S. jobs report that could provide important clues to the timing of the Federal Reserve's interest rate increase. MSCI's broadest index of Asia-Pacific shares outside Japan was slightly higher, while Japan's...

  • TOKYO, Aug 4- The benchmark 10- year Japanese government bond yield hit a two-month low on Tuesday after an auction of the maturity was met with firm investor demand. The 10- year JGB yield was down 1 basis point at 0.40 percent after touching 0.39 percent, the lowest since May 29. Japan's finance ministry offered 2.4 trillion yen of 10- year debt on Tuesday, with...

  • *U.S., Chinese factory figures drag down Wall Street. TOKYO, Aug 4- Asian shares struggled to stay positive on Tuesday after downbeat economic data pressured Wall Street ahead of a key U.S. jobs report that could provide important clues to the timing of the Federal Reserve's interest rate increase. MSCI's broadest index of Asia-Pacific shares outside Japan was...

  • *Commodity currencies hit as oil prices sink on China worries. In a bearish turn of events for currencies of oil exporters, crude prices slid a further 5 percent overnight to their lowest since January after weak factory activity in China deepened a commodity-wide rout. This was also bad news for the Aussie, often used as a proxy for China trades.

  • LONDON- Bank of England announces interest rate decision- 1100 GMT. LONDON- Bank of England will release the minutes from its August policy meeting- 1100 GMT. LONDON- Bank of England to release inflation report- 1100 GMT.

  • District Judge Paul Crotty in Manhattan said Roger Darin, a Swiss citizen, was "flouting judicial process" by remaining in his home country to avoid arrest while sending lawyers to ask the judge to dismiss the case. Darin's lawyers argued he was not a fugitive since he had never fled, let alone appeared, in the United States since the U.S. Justice Department filed its...

  • *Highlights potential of dominant India business. TOKYO, Aug 3- U.S. activist investment fund Third Point LLC has placed a bet on Japan's Suzuki Motor Corp potentially worth almost $1 billion citing the automaker's dominance in India, sending its shares to a lifetime high. Third Point, led by Daniel Loeb, on Friday said Suzuki stock was cheap considering...

  • *Deal to mark Alibaba's first direct investment in India. BEIJING, Aug 3- Indian online marketplace Snapdeal is set to raise $500 million from a group of foreign investors including China's Alibaba Group Holding Ltd, three people familiar with the matter said on Monday. Snapdeal, Japan's SoftBank, Alibaba and Foxconn declined comment.

  • JGBs edge down ahead of 10-year debt auction Sunday, 2 Aug 2015 | 11:13 PM ET

    TOKYO, Aug 3- Japanese government bond prices edged down on Monday on caution towards an upcoming 10- year debt auction, although gains by U.S. Treasuries and weakness in Tokyo stocks limited losses. Japan's finance ministry will offer 2.4 trillion yen of 10- year JGBs on Tuesday.

  • HONG KONG, Aug 3- An index of Asian shares outside Japan fell close to this year's lows thanks to a deepening selloff in commodities and concerns over slowing growth in China, while the dollar held its ground against a basket of currencies. "We believe the stock market panic in early July chilled economic activity, which is what the manufacturing PMIs picked up," ING...