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  • Trendon Shavers, who operated Bitcoin Savings and Trust, was also ordered by U.S. Shavers, a Prosper, Texas, resident who went by "pirateat40" online, was arrested in November 2014, two months after a federal judge in Texas ordered him to pay $40.7 million in a related U.S. Securities and Exchange Commission civil lawsuit. Prosecutors said from 2011 to 2012, Shavers,...

  • *ABN says Brent could slide by about $5 to $42 -43 levels. NEW YORK, July 21- Oil prices fell 2 percent on Thursday, as the market took a closer look at U.S. government data that showed growing inventories of gasoline and other oil products pushed total petroleum supplies in the No. 1 oil consumer to record highs. In the previous session, Brent and U.S. crude futures rose by...

  • *ABN says Brent could slide by about $5 to $42 -43 levels. NEW YORK, July 21- Oil prices fell 2 percent on Thursday, as the market took a closer look at U.S. government data that showed growing inventories of gasoline and other oil products pushed total petroleum supplies in the No. 1 oil consumer to record highs. Brent crude closed 97 cents, or 2.1 percent, lower at $46.20 a...

  • *ABN says Brent could slide by about $5 to $42 -43 levels. NEW YORK, July 21- Oil prices fell nearly 2 percent on Thursday, as the market took a closer look at U.S. government data that showed growing inventories of gasoline and other oil products pushed total petroleum supplies in the world's largest oil consumer to a record high. Brent crude was down 79 cents, or 1.7...

  • *ABN says Brent could slide by about $5 to $42 -43 levels. NEW YORK, July 21- Oil prices fell more than 1 percent on Thursday, erasing gains from the previous session, after a rise in U.S. gasoline inventories pushed supplies in the world's top oil consumer to a record high, reinforcing worries of a global glut. Brent crude was down 55 cents, or 1.2 percent, at $46.62 a barrel...

  • "Right now they are focusing on mostly normal temperatures after this heat rolls through, which is only going to last two to three days," said Jim Gerlach, president of A/C Trading in Fowler, Indiana. At 9:48 a.m. CDT, Chicago Board of Trade December corn futures were down 4 cents at $3.40-1/ 4 a bushel. "We are in a bearish market, the USDA reports have been showing pretty...

  • NEW YORK, July 21- The dollar slipped from a six-week high against the yen on Thursday after Bank of Japan chief Haruhiko Kuroda said the bank saw no need to stimulate the economy with "helicopter money." The BBC later said its interview with Kuroda had been conducted in mid-June, helping cool the yen's gains. The dollar had touched a six-week high above 107 yen before...

  • U.S. crude and oil product stocks rose 2.62 million barrels in the week to July 15 to an all-time high of 2.08 billion barrels, the U.S. Energy Department said. Tamas Varga, oil analyst at London brokerage PVM Oil Associates, said the build in U.S. oil inventories reflected a very well supplied global market. U.S. light sweet crude for September delivery, the new...

  • U.S. crude and oil product stocks rose 2.62 million barrels in the week to July 15 to an all-time high of 2.08 billion barrels, the U.S. Energy Department said. Tamas Varga, oil analyst at London brokerage PVM Oil Associates, said the build in U.S. oil inventories reflected a very well supplied global market. U.S. light sweet crude for September delivery, the new...

  • LONDON, July 21- The yen rebounded from six-week lows against the dollar on Thursday, after Bank of Japan chief Haruhiko Kuroda said the bank saw no need to stimulate the economy with "helicopter money". After dipping below $1.10 on Wednesday, the euro was also steadier as the European Central Bank held off with any immediate further easing of monetary policy, as...

  • What can we expect next from the BOJ?

    Does the Bank of Japan have to ease at its next policy meeting, given market expectations? Wei Li, head of iShares EMEA investment strategy at Blackrock, weighs in.

  • The yen has been on a wild ride after newly released comments by the Bank of Japan’s governor said there was no need and no possibility for helicopter money. CNBC’s Akiko Fujita discusses.

  • LONDON, July 21- Oil prices steadied on Thursday after the U.S. Energy Department reported a ninth consecutive weekly drawdown of crude stocks but an overall build in oil inventories. West Texas Intermediate crude for September delivery, the new front-month contract from Thursday, was up 12 cents at $45.87 a barrel at 1035 GMT. That should undermine prices in the...

  • LONDON, July 21- Bank of Japan Governor Haruhiko Kuroda ruled out the idea of using "helicopter money"- or directly underwriting the budget deficit- to combat deflation, as policymakers in Tokyo gear up to expand existing stimulus programmes. But in a BBC interview broadcast on Thursday, Kuroda said the central bank already had mechanisms in place to ease policy...

  • SINGAPORE/ PARIS, July 21- Chicago wheat rose 1 percent on Thursday, taking a breather after a near four percent decline in the past two days under pressure from large global stocks and bumper output from the U.S. winter crop. Chicago Board Of Trade's most-active wheat contract gained 1 percent at $4.17 a bushel by 1000 GMT. "We are in a bearish market, the USDA reports...

  • LONDON, July 21- World stocks hit near nine-month highs on Thursday as talk of another super-sized shot of stimulus from Japan helped buoy the mood ahead of the European Central Bank's first post-Brexit meeting. The yen had hit a six-week low on reports Tokyo was considering a package of at least 20 trillion yen to boost the economy. ECB policymakers meeting in...

  • LONDON, July 21- Oil prices moved slightly higher on Thursday after the U.S. Energy Department reported a ninth consecutive weekly drawdown of crude stocks, although an overall build in oil inventories capped gains. West Texas Intermediate crude for September delivery, the new front-month contract from Thursday, was up 15 cents at $45.90 a barrel at 0800 GMT.

  • *Japan preparing stimulus of at least 20 trillion yen- reports. LONDON, July 21- The dollar touched a six-week high against the yen on Thursday, bolstered by reports of a doubling of initial expectations for economic stimulus from Tokyo and bets that the Bank of Japan will ease policy next week. "The market expects something in easing from the BOJ next week, so that is...

  • TOKYO, July 21- On the heels of its $32 billion takeover of chip designer ARM Holdings, SoftBank Corp founder Masayoshi Son is embarking on another "crazy idea": talking cars that can read a driver's emotions. The Japanese telecommunications and internet corporation said on Thursday it was teaming up with Honda Motor Co to look at ways of applying SoftBank's...

  • TOKYO— Asian shares were higher Thursday as Japan's benchmark rose on hopes of Japanese government stimulus spending and better-than-expected earnings lifted Wall Street. KEEPING SCORE: Japan's benchmark Nikkei 225 added 0.8 percent to finish at 16,810.22. That sent Japan's benchmark and the U.S. dollar higher against the yen.