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  • NEW YORK, Aug 26- China's economic slowdown should not harm Japan's exports very much in coming years, and falling oil prices will not stop the Bank of Japan from hitting its inflation target, BOJ Governor Haruhiko Kuroda said on Wednesday. Kuroda, addressing a New York audience, said China's economy is likely to slow further although he predicted growth in its...

  • BoJ's Kuroda: Don't be too pessimistic on China Wednesday, 26 Aug 2015 | 10:04 PM ET

    Bank of Japan Governor Haruhiko Kuroda says China's economic slowdown should not harm Japan's exports.

  • *China stocks still a wild card. Stock markets around the world had tumbled earlier in the week as a slump in Shanghai shares fueled worries over China's economic health, but some calm returned after Beijing rolled out strong policy easing steps late on Tuesday. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.4 percent early on Thursday,...

  • September rate hike is off the table: Nomura Wednesday, 26 Aug 2015 | 8:18 PM ET
    September rate hike is off the table: Nomura

    Michael Kurtz, global head of equity strategy at Nomura, agrees with New York Fed President William Dudley that a September rate hike is unlikely due to factors such as a lack of wage inflation.

  • DIARY- Top Economic Events to Sept 9 Wednesday, 26 Aug 2015 | 8:00 PM ET

    German Chancellor Angela Merkel, EU foreign policy chief Federica Mogherini, European Commission Vice President Maros Sefcovic, European Bank for Reconstruction and Development President Sir Suma Chakrabarti and prime ministers of Italy, Serbia, Slovenia, Croatia and Albania to attend. PARIS- European Central Bank board member Benoit Coeure speaks at the...

  • 'Ok data' mean September or December liftoff: Pro Wednesday, 26 Aug 2015 | 7:42 PM ET
    'Ok data' mean September or December liftoff: Pro

    The Fed will likely raise interest rates in September or December, as data from major economies indicate signs of recovery, says Richard Yetsenga, head of global markets research at ANZ.

  • *But refuses to say if Japan will build vessels in Australia. ADELAIDE, Australia, Aug 26- Japan's effort to charm Australian politicians and the public over its bid for a A $50 billion submarine project appeared to stumble on Wednesday, with officials from Tokyo resisting pressure to commit to building the vessels in Australia. Once seen as the frontrunner to win...

  • *Euro, yen seen benefiting from risk aversion longer term. LONDON, Aug 26- The dollar cut gains against the safe-haven yen and euro on Wednesday, as Chinese and European stock markets lost ground despite China's easing measures, with most investors fretting over the outlook for the global economy. The euro briefly turned higher on the day, rising to $1.1515 in...

  • ADELAIDE, Australia, Aug 26- Japan's effort to charm Australian politicians and the public over its bid for a A $50 billion submarine project appeared to stumble on Wednesday, with officials from Tokyo resisting pressure to commit to building the vessels in Australia. Once seen as the frontrunner to win the contract, the Japanese bid has since come under...

  • US stocks open sharply higher after 6-day slump Wednesday, 26 Aug 2015 | 2:14 AM ET

    TOKYO— Shares fell Wednesday in Europe and Asian markets were mixed as an initial burst of euphoria over an interest rate cut by China the day before succumbed to lingering worries over longer-term problems with its economy. Germany's DAX dropped 1.2 percent to 10,008.51, Britain's FTSE 100 slipped 1.4 percent to 5,997.09 and the CAC40 in France shed 1.3...

  • *Dollar gains after Shanghai shares rise on China policy easing. TOKYO, Aug 26- The dollar edged up against the euro and yen on Wednesday, as China's policy easing steps halted a slide in the region's equity markets and prevented a further worsening in risk sentiment for now. It managed to pull away from a seven-month low of 116.15, after China's central bank cut...

  • *China stock indexes give up early gains despite rate cuts. HONG KONG, Aug 26- Asian shares struggled on Wednesday as investors feared fresh rate cuts in China would not be enough to stabilize its slowing economy or halt a stock collapse that is wreaking havoc in global markets. China's key share indexes attempted to move higher several times in morning trade only...

  • TOKYO, Aug 26- Japanese government bond prices were steady on Wednesday, as volatility in global asset markets helped support safe-haven debt. Treasuries fell overnight in response to China's policy easing steps late on Tuesday, but they regained traction as trading in the region's equity markets remained volatile despite the supportive measures.

  • *Dollar trims gains made in knee-jerk reaction to China easing. *Shanghai stocks drop despite China steps. TOKYO, Aug 26- The dollar was subdued against the euro and yen on Wednesday, losing its bounce as already fragile risk sentiment weakened once it became clear that China's policy easing steps had failed to shore up battered Shanghai shares.

  • ADELAIDE, Australia, Aug 26- A Japanese consortium eyeing one of the world's most lucrative defence contracts, a A $50 billion project to build submarines for Australia, on Wednesday launched a public charm offensive to address local concerns over its bid. The consortium of Mitsubishi Heavy Industries and Kawasaki Heavy Industries has been hesitant to...

  • *China stock indexes give up early gains despite rate cuts. HONG KONG, Aug 26- Asian stocks fell on Wednesday as investors feared fresh rate cuts in China would not be enough stabilise its cooling economy or halt a collapse in its stock markets. While the double-barrelled policy moves were initially cheered by arkets around the world, the impact didn't last long as...

  • *Dollar trims gains made in knee-jerk reaction to China easing. *Shanghai stocks' performance later in session eyed for direction. TOKYO, Aug 26- The dollar edged down against the euro and yen on Wednesday as sentiment remained shaky even after China embarked on much-anticipated policy easing steps.

  • Watchdog: US Ambassador Kennedy used private email Tuesday, 25 Aug 2015 | 12:44 PM ET

    WASHINGTON— Senior staff at the U.S. Embassy to Japan, including Ambassador Caroline Kennedy, have used personal email accounts for official business, an internal investigator said in a report Tuesday. The State Department's Office of Inspector General said that it identified instances where emails labeled "sensitive but unclassified" were sent from or...

  • The dollar's competition for safe haven supremacy Tuesday, 25 Aug 2015 | 12:35 PM ET

    The Japanese yen hit a seven-month high on Monday, as the dollar hit a seven-month low. Is there a new currency king in the markets?

  • *Shanghai index crashes through key 3,000- point level. *RRR cut unleashes 650 billion yuan into economy- analyst. SHANGHAI, Aug 25- China's central bank cut interest rates and lowered the amount of reserves banks must hold for the second time in two months on Tuesday, ratcheting up support for a stuttering economy and a plunging stock market that has sent...