Wires

  • TOKYO, Sept 27- Japanese government bonds mostly rose on Tuesday as investors were reassured by the outcome of a 40- year sale- the first major bond auction since the Bank of Japan adopted a new policy focus last week. The Ministry of Finance's quarterly sale of 500 billion yen of 40- year JGBs with a 0.4 percent coupon produced a highest yield of 0.5600 percent, with...

  • *Board shared view inflation expectations weak. TOKYO, Sept 27- Bank of Japan policymakers fretted over weak inflation expectations and uncertain prospects for achieving its price goal even before announcing its plan to conduct in September a comprehensive review of its policies, minutes of the central bank's policy meeting in July showed on Tuesday.

  • LONDON, Sept 27- European shares bounced back from a one-week low on Tuesday, mirroring gains in Asia where stocks rose after Democrat Hillary Clinton was perceived by financial market participants to be the winner of the first U.S. presidential debate late on Monday. Many investors appear to see Clinton as the preferred candidate, while few are sure what a Trump...

  • BEIJING, Sept 27- Profits in China's industrial sector rose at the fastest pace in three years as the world's second-biggest economy showed more signs of stabilising, though some private forecasters say the improvement may be more fleeting than real. Profits of industrial firms in August jumped 19.5 percent from a year earlier to 534.8 billion yuan, the...

  • SINGAPORE, Sept 27- Nickel bounced back on Tuesday, rising more than 1 percent after authorities in the Philippines ordered the suspension of 20 more mines for environmental violations, most of them nickel producers. Nickel futures on the London Metal Exchange jumped 1.2 percent to $10,655 a tonne by 0705 GMT, recouping Monday's decline. The most-traded copper...

  • BEIJING, Sept 27- Profits in China's industrial sector rose at the fastest pace in three years as the world's second-biggest economy showed more signs of stabilizing, though some private forecasters say the improvement may be more fleeting than real. Profits of industrial firms in August jumped 19.5 percent from a year earlier to 534.8 billion yuan, the...

  • BEIJING, Sept 27- China's rail freight volume fell 6.2 percent in the first eight months of 2016 from the same period last year to 2.1 billion tonnes, the country's statistics bureau said on Tuesday. The rate of decline eased from 7.3 percent in the first seven months of this year. In August, the amount of cargo carried by railways increased 1 percent on year to 279.3...

  • The company, which makes about 80 percent of its profit in the United States, said the steps would take two or three years to implement, resulting in restructuring charges of about 100 million pounds. The company currently has about 750 branches and employs about 6,000 people in Britain. The UK restructuring and the Nordics review could mean the "first steps...

  • SHANGHAI, Sept 27- The landmark bankrupcty of Guangxi Nonferrous Metals Group Co Ltd is in line with central government objectives such as eliminating "zombie enterprises," said the commission responsible for managing state assets in China's Guangxi Zhuang Autonomous Region, according to online financial magazine Caixin. Unlisted Guangxi Nonferrous,...

  • BEIJING, Sept 27- China's trade deficit in services widened to $25.4 billion in August from $22.5 billion in July, the foreign exchange regulator said on Tuesday. August's deficit was largely due to a $23.2 billion spending gap between the Chinese, who splurge more abroad than foreign tourists in China, data from the State Administration of Foreign Exchange...

  • SHANGHAI, Sept 27- China stocks ended modestly higher on Tuesday but trade was thin, with many investors reluctant to stake out fresh positions ahead of a week-long holiday despite a surge in August industrial profits. The first U.S. presidential debate between Democrat Hillary Clinton and Republican Donald Trump attracted attention from the investment...

  • LONDON, Sept 27- British defence group QinetiQ said on Tuesday it had appointed David Smith, Rolls-Royce's outgoing chief financial officer, to succeed David Mellors as its CFO in the new year. Smith's departure from Rolls-Royce was announced last week, in the latest shake-up at the top of the FTSE -100 giant, Britain's most prominent engineering company which...

  • PARIS— Several current and former Air France workers are on trial for allegedly taking part in violence that erupted during a union protest last year at the airline's headquarters and sent two executives fleeing over a fence with their shirts ripped off. Five union members, who have since been fired, stand charges of aggravated assault Tuesday in a court...

  • LONDON, Sept 27- British travel company Thomas Cook stuck to its annual profit guidance on Tuesday, after strong demand for summer holidays to destinations other than Turkey helped offset pressure on the group. Exposure to Turkey, the group's second most popular destination in 2015, has dragged on Thomas Cook this year as holidaymakers have been put off by an...

  • LONDON, Sept 27- British online fashion retailer Boohoo.com on Tuesday upgraded its sales guidance for the third time in three months as it reported a more than doubling of first-half profit on the back of strong revenue growth driven by new customers. The firm, which designs, sources and sells own-brand clothing, shoes and accessories online to a core market of...

  • SEOUL, Sept 27- Samsung Electronics Co said on Tuesday it has got back more than 60 percent of recalled Galaxy Note 7 smartphones sold in South Korea and the United States, suggesting it is making progress in its attempts to recover from the crisis. Samsung hopes to take the faulty products off the market as soon as possible in order to limit further damage to its...

  • *Committed investors see payoff from solid Asia returns. SINGAPORE, Sept 23- Having weathered almost two years of volatility spurred by a fickle Federal Reserve, most long-term investors in Asia's emerging markets barely blinked this week as the Fed once again redrew the future path of U.S. interest rates. "The idea that yields are going to be lower for longer is...

  • *Spot silver may test support at $18.06/ oz in three months- technicals. BENGALURU, Sept 27- Gold edged lower on Tuesday after equity markets bounced back, hinting that investors were turning to riskier assets in a belief Democrat Hillary Clinton won the first U.S. presidential debate against Republican Donald Trump. I suspect the move subsequent to the first...

  • TOKYO, Sept 27- Japanese stocks rose on Tuesday in choppy trade, recovering from 7-1/ 2- week lows hit in the morning after sentiment was helped by views that U.S. presidential candidate Hillary Clinton won the debate over her rival Donald Trump. "A Clinton presidency is the lesser of two evils to the financial market," said Akio Yoshino, chief economist of equity...

  • *Asia stocks ex- Japan swing higher, euro shares to start firm. SYDNEY, Sept 27- Asian shares recovered from an early bout of nerves while the Mexican peso surged on Tuesday as investors awarded the first U.S. presidential debate to Democrat Hillary Clinton over Republican Donald Trump. As early risk aversion faded, MSCI's broadest index of Asia-Pacific shares...