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  • G7 Japan

    The G-7 represents the old order and it might be useful for the seven largest economies to "talk shop," says CIMB Private Banking's Song Seng Wun.

  • TOKYO, May 26- Brent crude oil rose above $50 a barrel for the first time in nearly seven months on Thursday but Asian shares struggled to gain traction, with worries about U.S. interest rates and China's slowing economy keeping many investors on the sidelines. While energy stocks outperformed, a slump in mainland China stocks to 2-1/ 2 month lows dampened any...

  • ISE-SHIMA, Japan, May 26- Japanese Prime Minster Shinzo Abe escorted Group of Seven leaders to the Shinto religion's holiest site on Thursday before a summit covering topics from risks to the global economy to refugees and China's maritime assertiveness. President Barack Obama and other G7 partners one-by-one at Ise Grand Shrine in central Japan, dedicated...

  • TOKYO, May 26- Japanese stocks inched higher in choppy trade on Thursday following a rise in oil prices and gains on Wall Street, but indexes remained vulnerable to yen volatility as the currency see-saws against the dollar. "Since the beginning of the month we've seen the yen slide back against the dollar but the return is far from linear and the intra-day...

  • TOKYO, May 26- The yen surged on Thursday, taking some of the wind out of the sails of the recently buoyant dollar and leaving investors scrambling to cover positions. The dollar earlier had stuck close to its recent ranges, as investors looked ahead to a speech by Federal Reserve chief Janet Yellen on whether a rate increase is imminent and on a pending decision on a...

  • ISE-SHIMA, May 26- Japanese Prime Minster Shinzo Abe was set to escort Group of Seven leaders to the Shinto religion's holiest site on Thursday before a summit covering topics from risks to the global economy to refugees and China's maritime assertiveness. President Barack Obama and other G7 partners to the expansive grounds of Ise Grand Shrine in central...

  • TOKYO— Money-losing Japanese air bag maker Takata Corp. hired financial advisory and asset management firm Lazard on Thursday to help tackle financial problems and massive recalls. Authorities in Malaysia have begun an investigation into two more recent deaths. Hideaki Sudo, a lawyer who heads the committee at Takata dealing with the recall fiasco said...

  • ISE, Japan— Japanese Prime Minister Shinzo Abe and fellow leaders of the Group of Seven advanced economies began their summit Thursday by visiting Ise Shrine, the most hallowed site for Japan's indigenous Shinto religion— one of many aspects of the gathering that dovetail with Abe's long-term diplomatic and political agenda. As host, to the extent that it can,...

  • TOKYO, May 26- The yen surged in early trade on Thursday, chipping away at the recently buoyant dollar as investors looked ahead to a speech by Federal Reserve chief Janet Yellen on whether a rate increase is imminent and on a pending decision on a planned sales tax hike in Japan. Japanese Finance Minister Taro Aso said on Wednesday that he told his G7 counterparts...

  • ISE-SHIMA, May 26- Japanese Prime Minster Shinzo Abe was set to escort Group of Seven leaders to the Shinto religion's holiest site on Thursday ahead of a summit that will cover topics from risks to the global economy to China's maritime assertiveness. President Barack Obama and other G7 partners to the expansive grounds of Ise Grand Shrine in central Japan,...

  • *Market fails to test $50 level as profit-taking sets in. NEW YORK, May 25- Oil prices rose about 2 percent on Wednesday after the U.S. government reported a larger-than-expected drop in crude inventories, but profit-taking after the data kept prices below the $50 a barrel level that oil bulls had been hoping for. The U.S. Energy Information Administration said...

  • *Market fails to test $50 level as profit-taking sets in. NEW YORK, May 25- Oil prices rose more than 1 percent on Wednesday after the U.S. government reported a larger-than-expected drop in crude inventories, but profit-taking after the data kept prices below the $50 a barrel level that oil bulls had been hoping for. The U.S. Energy Information Administration said...

  • Tsai Ing-wen

    It would be hard for Beijing to threaten Taiwan with missiles without incurring serious damage to its own global reputation.

  • *Market fails to test $50 level as profit-taking sets in. NEW YORK, May 25- Oil prices rose as much as 1 percent on Wednesday after the U.S. government reported a larger-than-expected drop in crude stocks for last week, but profit-taking after the data kept prices below the $50 a barrel level that oil bulls had been hoping for. The U.S. Energy Information...

  • Japan's Abe talks about tensions with US

    CNBC's Eamon Javers reports the latest on President Obama and Japan's Prime Minister Shinzo Abe wrapping up a meeting and joint statement in Japan.

  • Janet Yellen

    The Fed is seeking robust growth and low inflation. But the opposite is happening, setting the economy up for a fall, says Michael Pento.

  • NEW YORK, May 25- Oil prices were up more than 1 percent on Wednesday, with market bulls targeting $50 a barrel and beyond, on expectations the U.S. government will report a large crude stockpiles drawdown for last week. The American Petroleum Institute, a trade group, said on Tuesday that U.S. crude inventories fell by 5.1 million barrels in the week to May 20, twice...

  • *Thieves stole $13 mln from Standard Bank via ATMs in Japan. *Standard Bank to shoulder the losses- central bank. JOHANNESBURG, May 25- South Africa's central bank told lenders to be vigilant on Wednesday after criminals in Japan stole millions of dollars from automatic teller machines using fake credit cards from South Africa's Standard Bank.

  • *Drawdown due to lost Canada output, strong economy- analyst. A series of outages around the world, such as wildfires in Canada and a spate of violence in Nigeria's oil-producing region, has helped cut global oil supply by nearly 4 million barrels per day this month. Brent crude futures were up 58 cents at $49.19 a barrel by 0849 GMT, while U.S. crude futures rose 56...

  • TOKYO, May 25- Japanese government bonds edged lower on Wednesday as buoyant stocks undermined bond market sentiment. Investors were also wary of taking aggressive positions ahead of a two-day Group of 7 leaders' summit in Japan that begins on Thursday. Japan's Ministry of Finance will auction 400 billion yen of 40- year JGBs on Thursday.