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Asia Top News and Analysis Japan

  • *OPEC/ non- OPEC show 86 pct compliance with cuts in Jan- sources. NEW YORK, Feb 23- Oil prices rose on Thursday but gains were pared after U.S. government data showed a seventh straight build in crude stocks, suggesting high inventories could undermine OPEC's move to cut output. OPEC and producers including Russia aim to cut production by around 1.8 million barrels...

  • NEW YORK, Feb 23- Stock prices climbed to record highs worldwide for a third straight session on Thursday, propelled by an oil rally after a surprise drop in U.S. crude inventories and comments from U.S. Treasury and euro zone government bond yields declined as European Central Bank policymakers also signalled they were not getting carried away by signs the euro...

  • NEW YORK, Feb 23- Oil prices rose but gains were pared Thursday after U.S. government data showed a seventh straight build in crude stocks, suggesting high inventories could undermine OPEC's move to cut output. OPEC and producers including Russia aim to cut production by around 1.8 million barrels per day to drain an oversupply that has kept prices depressed for...

  • NEW YORK, Feb 23- Global stock prices posted record highs for a third straight session on Thursday, propelled by an oil rally after a surprise drop in U.S. crude inventories and comments by U.S. Treasury Secretary Steven Mnuchin about pursuing significant tax reform. This outlook for policy accommodation lifted gold prices to a three-month high near $1,250 an...

  • LONDON, Feb 23- Oil prices rose more than $1 a barrel on Thursday after U.S. data showed a surprise decline in inventories, suggesting that a global glut may be ending after moves by OPEC to cut production. OPEC and producers including Russia aim to cut production by around 1.8 million barrels per day to drain an oversupply that has kept prices depressed for more...

  • Feb 23- Newly promoted to CEO at Nissan Motor, Hiroto Saikawa will bring a gruff, tough, no-nonsense approach to leading Japan's second-biggest car maker at a time of rapid technological change in the industry. The 63- year-old takes over in April from Carlos Ghosn, who engineered Nissan's recovery from years of losses and debt through broad cost-cutting and...

  • LONDON, Feb 23- Oil prices rose more than $1 a barrel on Thursday after U.S. data showed a surprise decline in inventories, suggesting that a global glut may be ending after moves by OPEC to cut production. OPEC and producers including Russia aim to cut production by around 1.8 million barrels per day to drain an oversupply that has kept prices depressed for more...

  • *Hands helm to Saikawa, company veteran of 40 years. TOKYO, Feb 23- Nissan Motor Co said Carlos Ghosn will step aside as CEO after leading the company for 16 years, allowing him to concentrate on deploying his cost-cutting expertise across its alliance with Renault SA and newly added Mitsubishi Motors Corp.. In handing over the helm to Hiroto Saikawa, a company...

  • LONDON, Feb 23- Oil prices rose on Thursday after U.S. data showed a surprise decline in inventories, suggesting that a global glut may be ending after moves by OPEC to cut production. OPEC and producers including Russia aim to reduce production by around 1.8 million barrels per day in an attempt to drain an oversupply that has kept prices depressed for more than...

  • LONDON, Feb 23- The dollar traded close to one-month highs on Thursday, as the lack of a clearer signal from the U.S. It traded in tight ranges against the yen and the euro, moving back above $1.05 against the single currency after a pledge of support for centrist candidate Emmanuel Macron from one rival soothed investor nerves about how France's presidential...

  • LONDON, Feb 23- The dollar traded close to one-month highs on Thursday, as the lack of a clearer signal from the U.S. It traded in tight ranges against the yen and the euro, moving back above $1.05 against the single currency after a pledge of support for centrist candidate Emmanuel Macron from one rival soothed investor nerves about how France's presidential...

  • LONDON, Feb 23- The dollar traded close to one-month highs on Thursday, as the lack of a clearer signal from the U.S. It traded in tight ranges against the yen and the euro, moving back above $1.05 against the single currency after a pledge of support for centrist candidate Emmanuel Macron from one rival soothed investor nerves about how France's presidential...

  • LONDON, Feb 23- The dollar traded close to one-month highs on Thursday, as the lack of a clearer signal from the U.S. It traded in tight ranges against the yen and the euro, moving back above $1.05 against the single currency after a pledge of support for centrist candidate Emmanuel Macron from one rival soothed investor nerves about how France's presidential...

  • *Stocks hold near highs as markets digest Fed minutes. LONDON, Feb 23- World stocks held near record highs on Thursday and the dollar eked out minimal gains after minutes of the latest U.S. That remains a slim prospect, with futures pricing in only an 18 percent chance, according to the CME Group's FedWatch tool.

  • LONDON, Feb 23- Oil prices rose on Thursday after U.S. data showed a surprise decline in inventories, suggesting that a global glut may be ending after moves by OPEC to cut production. OPEC and producers including Russia aim to reduce production by around 1.8 million barrels per day in an attempt to drain an oversupply that has kept prices depressed for more than...

  • That added to optimism earlier in the week when the Organization of the Petroleum Exporting Countries said a deal with other producers including Russia to curb output was showing a high level of compliance. However, for prices to break out of their trading ranges, the market needs to see signs that OPEC inventories are falling, said Tony Nunan, oil risk manager at...

  • BEIJING/ SINGAPORE, Feb 23- Delays in corn shipments from the United States have offered China a chance to showcase its grain to major Asian buyers like Japan and South Korea, raising the prospect of a new player in global grain markets. One deal is close and talks have begun on two more, sources said, with China benefiting from its close proximity to big Asian...

  • *Asia ex- Japan, Nikkei little changed after mixed Wall Street. European markets were headed for a mixed start, with financial spreadbetter CMC Markets expecting Britain's FTSE 100 to open 0.3 percent lower, and Germany's DAX and France's CAC 40 to start the day slightly higher. MSCI's broadest index of Asia-Pacific shares outside Japan was unchanged, hovering...

  • TOKYO— Carlos Ghosn, who leads the Nissan-Renault-Mitsubishi alliance, is handing over the helm at Nissan to Hiroto Saikawa, a veteran Japanese executive at Nissan, but Ghosn is staying on as chairman. Besides leading the Nissan-Renault alliance, Ghosn is also chairman at scandal-ridden Japanese automaker Mitsubishi Motors Corp., in which Nissan took a...

  • TOKYO, Feb 23- Nissan Motor Co said Carlos Ghosn will step aside as CEO after leading the firm for 16 years, allowing him to concentrate on deploying his cost-cutting expertise across its alliance with Renault SA and newly added Mitsubishi Motors Corp.. In handing over the helm to Hiroto Saikawa, a company veteran of 40 years, Ghosn ends years of speculation over...