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  • *Europe set for busy day of data. Europe's stock markets had initially started brightly but began to fade as attention switched from company earnings from the likes of Siemens and Deutsche Bank to upcoming euro zone unemployment, business sentiment and German inflation data. Q2 gross domestic product data also due later that could reinforce the rate hike view,...

  • LONDON, July 30- The dollar rose to its highest level this week on Thursday after the U.S. In early trade in Europe, the euro was down more than a cent against the dollar compared with levels seen before the Fed made its monthly policy statement on Wednesday, falling back to around $1.0950, its lowest since last Friday. "The fact they weren't worried about anything else...

  • IBM's Watson computing technology learns Japanese Thursday, 30 Jul 2015 | 3:48 AM ET

    IBM Watson, a unit of the U.S. technology and consulting company, said Thursday it was working with Japanese telecommunications and robotics company Softbank Corp. to share Watson with startups and universities in Japan for a variety of consumer applications, starting October. One example of a new partnership in Japan is with the University of Tokyo, which...

  • Toyota robot can pick up after people, help the sick Thursday, 30 Jul 2015 | 2:56 AM ET

    YOKOHAMA, Japan— Toyota's new robot that glides around like R2-D2 is devoted to a single task: picking things up. Kouichi Ikeda, its engineer, is serious about using it to help around regular homes. We're just getting stated, but eventually we want it to enter people's homes, "Ikeda said at an exhibition of health care technology in Yokohama, southwest of Tokyo.

  • TOKYO— Sony said quarterly profit rose threefold as foreign exchange gains and sales of image sensors and Playstation 4 software helped offset declines elsewhere. Sony blamed the loss on a fall in licensing revenues, noting last year's performance benefited from the strong performance of The Amazing Spider-Man 2 and 22 Jump Street. The higher demand for...

  • TOKYO, July 30- Japanese government bonds edged down on Thursday, tracking U.S. Treasuries which dropped after the U.S. Federal Reserve left the door open for an interest rate hike as early as September.

  • *Concerns over U.S. rig increase "overblown"- Morgan Stanley. U.S. crude stockpiles fell by 4.2 million barrels in the week to July 24, more than twenty times analysts' expectations of a decrease of 184,000 barrels, Energy Information Administration data showed. The large drawdown in stocks could be short-lived, said Tony Nunan, oil risk manager at Tokyo's...

  • Asian stocks mixed after Fed leaves rates unchanged Thursday, 30 Jul 2015 | 12:52 AM ET

    BEIJING— Most major global markets rose Thursday after the U.S. KEEPING SCORE: Germany's DAX gained 0.5 percent to 11,263.71 and France's CAC-40 was up 0.6 percent at 5,047.43. Britain's FTSE 100 gained 0.7 percent to 6,680.37.

  • *$60- $70 a barrel "more sustainable"- oil risk manager. U.S. crude stockpiles fell by 4.2 million barrels in the week to July 24, more than twenty times analysts' expectations of a decrease of 184,000 barrels, Energy Information Administration data showed. The large drawdown in stocks could be short-lived, said Tony Nunan, oil risk manager at Tokyo's Mitsubishi...

  • TOKYO, July 30- Japan's factory output rose modestly in June after a big drop in the prior month, highlighting worries of a second-quarter economic slump as exports weaken and manufacturers are saddled with large inventories. Analysts expect the economy to bounce modestly in the current quarter, helped by a pick-up in private consumption as household incomes...

  • HONG KONG, July 30- Asian stocks tiptoed higher on Thursday and the dollar consolidated recent gains after the U.S. Prospects of stronger U.S. growth in coming months lifted Asian stocks in early trade, with Japan's Nikkei up 1.2 percent and Australian shares adding 0.7 percent. A dollar-denominated index of Asia-Pacific shares outside Japan rose 0.4 percent...

  • SINGAPORE, July 30- Oil prices extended gains in Asian trade on Thursday, after a larger than expected draw in U.S. crude and gasoline stocks strengthened the outlook for oil demand. U.S. crude stockpiles fell by 4.2 million barrels in the week to July 24, more than twenty times analysts' expectations of a decrease of 184,000 barrels, Energy Information...

  • Toshiba scandal puts focus on Japan's cut-price audits Wednesday, 29 Jul 2015 | 8:50 PM ET

    Toshiba's scandal has raised questions about whether low fees paid by companies to auditors mean they do not spend enough time scrutinizing accounts.

  • HONG KONG, July 30- Toshiba Corp's years-long practice of inflating its profits has raised questions among accounting experts about whether low fees paid by Japan- listed companies to their auditors mean they do not spend enough time scrutinizing company accounts. Toshiba chief executive Hisao Tanaka and a string of other senior officials resigned last...

  • Alibaba aims at Amazon's cloud biz in $1B push Wednesday, 29 Jul 2015 | 3:38 PM ET
    An employee walks past the Alibaba logo at the company’s headquarters outside of Hangzhou, China.

    Alibaba will invest $1 billion into its Aliyun cloud computing arm to challenge Amazon.com's lucrative Web Services division.

  • FOREX-Dollar rises as Fed's jobs view hints at rate hike Wednesday, 29 Jul 2015 | 3:35 PM ET

    NEW YORK, July 29- The dollar rose modestly against a basket of currencies on Wednesday as the Federal Reserve upgraded its view of the labor market, supporting some traders' opinion that it would raise benchmark U.S. interest rates, perhaps as early as September. Although inflation has remained below the Fed's 2 percent target and overseas developments...

  • With soybean yields largely determined in August and questions about the size of planted area, there is still uncertainty about the crop, said Terry Linn, analyst at The Linn Group in Chicago. Chicago Board of Trade August soybeans rose 10 cents or 1 percent to $9.84-3/ 4 a bushel at 9:56 a.m. CDT. September corn fell 5 cents or 1.3 percent to $3.70 a bushel, after...

  • ANCHORAGE, Alaska— A Cathay Pacific flight from Hong Kong to Los Angeles departed from a remote U.S. air base in the Aleutian Islands late Wednesday morning, hours after making an emergency landing because smoke was detected on board. Flight 884 landed early Wednesday at Eareckson Air Station in Shemya Island, Alaska, Federal Aviation Administration spokesman...

  • FOREX-Dollar holds steady as traders await clues from Fed Wednesday, 29 Jul 2015 | 10:24 AM ET

    NEW YORK, July 29- The dollar held steady against major currencies on Wednesday as traders awaited possible clues from the Federal Reserve on whether it will raise interest rates, perhaps as early as September. Although inflation has remained below the Fed's 2 percent target and overseas developments including the European debt crisis and most recently...

  • *To restructure and downsize India operations. *To stop production at one of two plants in India. NEW DELHI, July 29- General Motors Co said on Wednesday it will invest $1 billion over the next few years to turn India into a global export hub, even as it cuts production capacity in the country due to sluggish demand.