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  • BEIJING— Major Asian stock markets were lower Tuesday after investors were reassured by trade-friendly Hillary Clinton's performance in a U.S. presidential debate with rival Donald Trump. KEEPING SCORE: Tokyo's Nikkei 225 index fell 1.5 percent to 16,426.61 and Hong Kong's Hang Seng lost 0.6 percent to 23,440.18. ANALYST'S TAKE: "The strong performance by...

  • ST. LOUIS, United States- Federal Reserve Bank of St. Louis President James Bullard gives welcome remarks before the Community Banking in the 21st Century Conference hosted by the Federal Reserve Bank of St. Louis- 1415 GMT. ST. LOUIS, United States- Federal Reserve Bank of Chicago President Charles Evans speaks before the Community Banking in the 21st Century...

  • *Oil prices recede on uncertainty over OPEC output talk. NEW YORK, Sept 27- Stock prices across major markets rose on Tuesday, led by U.S. technology and consumer sectors following the presidential debate between Hillary Clinton and Donald Trump, while oil prices fell on fading hopes of agreement on limiting production. Clinton would be a safe pair of hands, that...

  • NEW YORK— The showdown between Hillary Clinton and Donald Trump was the most-watched presidential debate ever, with 84 million viewers. The Nielsen company said the viewership, over 13 different networks, toppled a record that had stood for 36 years. Social media was humming, too, with Nielsen saying there were some 17.1 million Twitter interactions involving...

  • The statement came in response to an earlier Wall Street Journal report that the U.S. Department of Justice is investigating whether Standard Chartered failed to stop possible bribery and other misconduct at MAXpower Group Pte Ltd, which builds and operates gas-fired power plants in southeast Asia. The allegations compound the legal woes of the bank, which...

  • *Oil prices recede on uncertainty over OPEC output talk. NEW YORK, Sept 27- Stock prices across major markets rose on Tuesday, led by gains in the U.S. technology and consumer sectors following the presidential debate between Hillary Clinton and Donald Trump, while oil prices fell on fading hopes of agreement on limiting production. Investors have fretted over...

  • NEW YORK, Sept 27- Oil fell 3 percent on Tuesday after Saudi Arabia said it did not expect to agree on output cuts at a meeting with other producers in the Algerian capital, although a production freeze deal was still possible later in the year. Saudi Energy Minister Khalid al-Falih told reporters in Algiers, where OPEC and other oil producers had gathered for the...

  • FRANKFURT, Sept 27- Deutsche Bank shares hit a record low on Tuesday and state-backed lender NordLB scrapped plans for a 500 million euro bond sale, underlining investor concern about the health of the financial industry in Europe's largest economy. The decision by NordLB to shelve the bond issue because of a lack of demand came a day after Deutsche, Germany's...

  • *STOXX 600 inches up 0.1 pct, down 7 pct year-to-date. LONDON, Sept 27 (Reuters)- European shares edged up on Tuesday at the end of a volatile day with Deutsche Bank picking up from record lows on hopes a U.S. demand for $14 billion to settle claims that it missold mortgage-backed securities could be lowered. Traders said the stock recovered thanks to remarks by a U.S....

  • LONDON, Sept 27- Standard Chartered said on Tuesday that it has referred allegations of impropriety at an Indonesian power plant company that the bank's private equity arm invested in to "the appropriate authorities". The Wall Street Journal earlier said that the bank faced an investigation by the U.S. Department of Justice into whether it failed to stop...

  • LIVERPOOL, England, Sept 27- With the re-election of Jeremy Corbyn as leader unlikely to heal deep rifts in Britain's Labour, the only significant opposition that Prime Minister Theresa May looks likely to face as she plots Britain's divorce from the EU is from her own party. For May, who campaigned quietly for Britain to stay in the European Union before the June...

  • *Differences remain between Saudis and Iran. The energy ministers of Saudi Arabia and Russia were to give a joint briefing later in the day in Algiers where OPEC and other oil producers were holding informal talks on the sidelines of the Sept 26-28 International Energy Forum. "We will consult with everyone else, we will hear the views, we will hear the secretariat...

  • LONDON, Sept 27- Renewable energy will not be cost competitive with fossil fuels until 2050, Glencore said on Tuesday, much later than energy organisations forecast and supporting the mining and trading giant's case for continued investment in coal. Glencore Chairman Tony Hayward told a conference in London on Tuesday that, like oil companies, the group would...

  • NEW YORK, Sept 27- The U.S. dollar rose against the euro on Tuesday after concerns surrounding Deutsche Bank caused general unease over Europe's banking sector, while the Mexican peso rallied on short-covering after first U.S. presidential debate. "Some of the concerns over the European banking system have caught fire or have come into focus more recently," said...

  • *Oil prices recede on uncertainty over OPEC output talk. NEW YORK, Sept 27- U.S. stock prices rose on Tuesday following the presidential debate between Hillary Clinton and Donald Trump, but losses in the oil market and anxiety about the fortune of Deutsche Bank limited Wall Street's advance. Deutsche Bank is one of those banks, "said Kevin Giddis, head of fixed income...

  • *Greek ship owners leaving London over expected non-dom changes. LONDON, Sept 27- The crisis in global shipping and a tax exodus by big Greek vessel owners have helped finally seal the fate of London's Baltic Exchange after at least three approaches to buy it over the last six years of its near-three centuries history. "For Baltic shareholders it does release...

  • LONDON, Sept 27- Spain's Telefonica is looking to list about 30 percent of its British mobile unit O2 in what would be one of the biggest initial public offerings on the London market this year, sources told Reuters. Europe's biggest telecom group wants to use the relative market calm after the turmoil caused by June's Brexit vote to cut its stake in Britain's...

  • PARIS, Sept 27- Paris Fashion Week displayed colourful and tropical-inspired creations from Paule Ka and layered printed and patterned looks by Dutch designer Liselore Frowijn as it opened on Tuesday. Several designers will make their debuts for some of the world's top luxury labels in Paris, which is the final leg of the womenswear spring/summer 2017...

  • LONDON— The owner of Britain's Alton Towers amusement park has been fined 5 million pounds for a roller coaster crash that left five people seriously injured. Merlin Entertainments Group, which owns the park 150 miles north of London, admitted breaches of health and safety rules at a hearing earlier this year. Judge Michael Chambers says in Tuesday's judgment...

  • *Poses big threat to rivals in Europe and elsewhere. *UberEats launches in Amsterdam, five other cities this week. In a measure of rising ambition beyond its taxi business, Uber will begin delivering meals in Amsterdam on Thursday just as Dutch market leader Takeaway.com, begins trading on the city's stock market.