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  • DUBAI, May 26- Long used to lucrative state contracts, Iran's biggest construction company faces leaner times, as overseas firms better able to attract financing push for orders in an economy trying to open to the world after years of sanctions. The misfortunes of Khatam al Anbia Construction Headquarters are an unwelcome novelty for its powerful owners, the...

  • THURSDAY, MAY 26 SINGAPORE- Federal Reserve Bank of St. Louis President James Bullard gives Singapore City Lecture on the U.S. economy and monetary policy before the Official Monetary and Financial Institution Forum, in Singapore- 0915 GMT. FRIDAY, MAY 27 CAMBRIDGE, United States- Federal Reserve Chair Janet Yellen participates in a conversation with professor...

  • HONG KONG, May 25- Huawei Technologies Co Ltd on Wednesday said it sued Samsung Electronics Co Ltd claiming infringement of smartphone patents, the Chinese firm's first intellectual property challenge against the world's top mobile maker. Huawei has filed lawsuits in the United States and China seeking compensation for what it said was unlicensed use of...

  • WEDNESDAY, MAY 25 HOUSTON, United States- Federal Reserve Bank of Dallas President Robert Kaplan participates in a moderated question-and-answer session before the Greater Houston Partnership Thought Leader Series- 1700 GMT. MADRID- European Central Bank Chief Economist Peter Praet speaks at the 2016 IIF Spring Membership Meeting on "Monetary Policy...

  • Speakers: European Central Bank Chief Economist Peter Praet, banking supervision chief Daniele Nouy, Single Resolution Board chief Elke Konig and Governing Council members Francois Villeroy de Galhau, Luis Maria Linde and Klaas Knot. MADRID- European Central Bank banking supervision chief Daniele Nouy speaks at the 2016 IIF Spring Membership Meeting- 1230...

  • KEEPING SCORE: Tokyo's Nikkei 225 index shed 0.5 percent to 16,657.72, while Australia's S&P/ASX 200 fell 0.1 percent to 5,344.40. Seoul's Kospi added 0.3 percent to 1,953.00 and benchmarks in Taiwan, Indonesia and the Philippines also advanced. ANALYST'S TAKE: Lew's message to Aso, the second time Washington has warned Tokyo against trying to intervene in...

  • * "Painful" shift behind smartphone rebound- exec. SEOUL, May 23- From the way it chooses smartphone components to the models it brings to market, Samsung Electronics has undergone a painful process of breaking from its past to reverse a slide in its handset business. "We've now gotten to a point where we can secure a baseline profit even if the market stagnates, so long...

  • MONDAY, MAY 23 BEIJING- Federal Reserve Bank of St. Louis President James Bullard gives Beijing City Lecture on the U.S. economy and monetary policy before the Official Monetary and Financial Institution Forum- 0930 GMT. ROME- IMF head of mission Rishi Goyal and vice director for Europe Thanos Arvanitis hold a news conference to discuss their latest annual...

  • BEIJING, China- Federal Reserve Bank of St. Louis President James Bullard gives Beijing City Lecture on the U.S. economy and monetary policy before the Official Monetary and Financial Institution Forum- 0930 GMT. PHILADELPHIA- Federal Reserve Bank of Philadelphia President Patrick Harker speaks on the economic outlook at event, "An Evening with Federal...

  • SINGAPORE, May 20- Donald Trump's "isolationist" foreign policy pronouncements are feeding insecurity in some Asian nations fearful of China's growing power, and risk emboldening nationalists and authoritarians in the region. Trump has said U.S. allies like Japan and South Korea should pay more towards their defence, warned he could withdraw U.S. troops from...

  • SINGAPORE, May 20- Donald Trump's "isolationist" foreign policy pronouncements are feeding insecurity in some Asian nations fearful of China's growing power, and risk emboldening nationalists and authoritarians in the region. Overall, his comments have sounded like a death knell for the "pivot to Asia" strategy adopted by President Barack Obama five years ago.

  • Wall Street heavyweight Goldman Sachs continues to beat the bear drum, sticking to its forecast that the price will fall to an average $4,500, $4,200 and $4,000 per tonne over the next three, six and 12 months respectively. The London Metal Exchange three-month price is currently trading around $4,580 per tonne, still gyrating within a range defined by...

  • SEOUL, May 18- South Korea's Hotel Lotte Co Ltd plans a share sale worth up to 5.7 trillion won next month, sources said on Wednesday, in what would be the world's biggest initial public offering since late 2015.. The sprawling Lotte Group said last year it would list Hotel Lotte, which includes the third-largest global duty-free retail chain, as part of efforts to...

  • FRANKFURT- The European Central Bank Governing Council meeting. STAVANGER, Norway- Norges Central Bank Governor Oystein Olsen will give a lecture on the topic "Monetary policy then and now"- 0715 GMT. STAVANGER, Norway- Norges Bank Investment Management Chief Executive Yngve Slyngstad will give a lecture on the topic "oil fund- savings for future generations"- 0715...

  • WEDNESDAY, MAY 18 MOSCOW- The Credit Suisse 2016 Emerging Markets Conference- Russia: Gloom or Bloom. Speakers: Russian Deputy Finance Minister Maxim Oreshkin, Bank of Russia First Deputy Governor Ksenia Yudaeva and Russian Deputy Prime Minister Arkady Dvorkovich. Speakers: Bank of Slovenia Governor Bostjan Jazbec, National Bank of Belgium Governor Jan Smets,...

  • SINGAPORE— Singapore's Land Transport Authority said Tuesday it is investigating Hyundai vehicles following reports of accidents involving sudden acceleration while reversing. In a statement, the authority said it was looking into cases of Hyundai vehicles having "unintended acceleration in reverse gear." It is Singapore's largest taxi operator with a...

  • SEOUL, Korea, Republic Of _ LG Display Co. on Monday reported first-quarter net income of $1.8 million. LG Display shares have dropped 1.5 percent since the beginning of the year. Keywords: LG Display, Earnings Report.

  • BEIJING— Global stocks were mixed Monday after disappointing Chinese factory data and last week's Wall Street decline, as European shares fell while Asia was mostly higher. KEEPING SCORE: In early trading, France's CAC-40 was off 0.8 percent at 4,285.85 and Britain's FTSE 100 declined 0.3 percent to 6,121.38. On Friday, Germany's DAX rose 0.9 percent, the FTSE...

  • SEOUL, South Korea— South Korea's Environment Ministry said Monday that it will fine Nissan's South Korean operation for manipulating emissions tests on its sports utility vehicle models, an allegation Nissan is denying. It also plans to file a complaint with prosecutors against the head of Nissan's South Korean operation. It said South Korean authorities'...

  • BEIJING— Asian stock markets rose Monday despite disappointing Chinese factory data and last week's Wall Street decline. Sydney's Sydney's S&P-ASX 200 advanced 0.6 percent to 5,358.80 and benchmarks in Taiwan, New Zealand, Singapore and Manila also gained. ANALYST'S TAKE: "Weaker than expected data on China's economy will add to investor nerves in what was...