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Wires

  • HONG KONG, March 29- China's yuan fell against the U.S. dollar on Wednesday as strong consumer confidence data backed expectations for more U.S. interest rate hikes this year. The People's Bank of China set the midpoint rate at 6.8915 per dollar prior to the market open, weaker than the previous fix of 6.8782. The Thomson Reuters/ HKEX Global CNH index, which tracks...

  • TOKYO, March 29- Shorter-dated Japanese government bond prices slipped on Wednesday as the market took cues from an overnight retreat by U.S. Treasuries, while the longer-dated maturities gained on month-end investor demand. JGBs took in stride Wednesday's regular debt-purchasing operation by the Bank of Japan, at which the central bank trimmed the...

  • March 28- Signet Jewelers Ltd has been hit with a securities fraud class action lawsuit, accusing the retailer of failing to disclose facts regarding sexual harassment allegations against executives at its Sterling Jewelers unit, court documents showed. The lawsuit, filed on Tuesday in Dallas federal court by Irving Firemen's Relief& Retirement Fund,...

  • high@ TAIPEI, March 29- Taiwan stocks were down on Wednesday, erasing early gains as the Taiwan dollar hovered near its strongest level in over two years. As of 0208 GMT, the main TAIEX index was down 0.1. The Taiwan dollar softened a touch to stand at.

  • SYDNEY, March 29- U.S. wheat edged higher on Wednesday, rebounding from a more than two-month low touched in the previous session, though forecasts of crop-friendly weather provided a ceiling to gains. The most active wheat futures on the Chicago Board Of Trade rose 0.1 percent to $4.25 a bushel, having closed up 0.9 percent on Tuesday. The fundamentals remain...

  • *Ex-dividend adjustments seen about 130 points. TOKYO, March 29- Japan's Nikkei share average edged down in choppy trade on Wednesday morning as ex-dividend share price adjustments pressured the market and offset positive sentiment from gains in Wall Street overnight. "The market takes heart from strong U.S. economic data, and sentiment in the overall market...

  • *Australia stocks highest since mid-2015, Asia up modestly. *Pound under pressure as UK formally starts Brexit. The good cheer did not extend to the pound which was on the skids as the British government sent a letter to Brussels formally starting the country's exit from the European Union.

  • TOKYO, March 29- Toshiba Corp's board has approved a Chapter 11 filing for its U.S. nuclear unit Westinghouse, the Nikkei business daily reported on Wednesday- a move that would limit losses that have plunged the Japanese group into crisis. The future of Westinghouse has already been raised in bilateral talks between Japan and the United States with Japan...

  • TAIPEI, March 29- Taiwan stocks were down on Wednesday, erasing early gains as the Taiwan dollar hovered near its strongest level in over two years. As of 0208 GMT, the main TAIEX index was down 0.1. The Taiwan dollar softened a touch T $0.015 to stand.

  • MELBOURNE, March 29- London copper held steady near its highest in more than a week on Wednesday, buoyed by brighter data from the United STates, and expectations of seasonally improving second-quarter demand. "Sentiment was also boosted by secondary economic data in China that showed March activity was strong. *CHINA MANUFACTURING: China said on Tuesday it...

  • EAST HARTFORD, Conn.— Police say the student pilot of a small plane that crashed near the Connecticut headquarters of military jet engine manufacturer Pratt& Whitney fought his instructor and probably crashed deliberately. East Hartford police reports disclosed Tuesday support media stories from months ago. An Associated Press story from the day after the...

  • March 28- The vote by the U.S. Congress to repeal rules that limit how internet service providers can use customer data has generated renewed interest in an old internet technology: virtual private networks, or VPNs. VPNs are often used to connect to a secure business network, or in countries such as China and Turkey to bypass government restrictions on Web...

  • March 28- The U.S. Food and Drug Administration on Tuesday approved Roche Holding AG's multiple sclerosis drug Ocrevus, putting the potential blockbuster drug back on track after a delay caused by regulators' concerns over manufacturing issues. Roche said Ocrevus will be available to people in the United States within two weeks. The most popular MS treatment...

  • TOKYO, March 29- The board of Japan's Toshiba Corp has approved a Chapter 11 filing for its U.S. nuclear unit Westinghouse, the Nikkei business daily reported on Wednesday.

  • The House votes 215-205 to repeal regulations requiring internet service providers to do more to protect customers' privacy than websites like Alphabet Inc's Google or Facebook Inc after the White House says it strongly supports the move. U.S. Senate Majority Leader Mitch McConnell says the Senate will have a final vote on April 7 on Trump's Supreme Court...

  • March 29- Gold prices fell on Wednesday as positive economic data from the United States backed expectations of further interest rate hikes by the Federal Reserve this year, prompting the dollar to bounce back from multi-month lows. *Spot gold was down 0.2 percent at $1,248.60 per. Federal Reserve Vice Chairman Stanley Fischer also gave the dollar a lift as he...

  • MELBOURNE, March 29- London copper held steady near its highest in more than a week on Wednesday, underpinned by expectations of seasonally improving second-quarter demand. *LME COPPER: Three-month copper on the London Metal Exchange was flat at $5,873 a tonne by 0127 GMT, holding 2 percent gains from the previous session when prices struck the highest since...

  • *OPEC- led production cut expected to be extended into H2 2017. SINGAPORE, March 29- Oil prices on Wednesday extended gains from the previous session, lifted by supply disruptions in Libya and expectations that an OPEC- led output reduction will be extended into the second half of the year. In the United States, West Texas Intermediate crude futures were up 20 cents...

  • March 28- The decision by the U.S. Congress to repeal rules that limit how internet service providers can use customer data has generated renewed interest in an old internet technology: virtual private networks, or VPNs. VPNs are often used to connect to a secure business network, or in countries such as China and Turkey to bypass government restrictions on Web...

  • SYDNEY, March 29- U.S. soybeans edged lower on Wednesday as expectations for increased plantings in North America, along with already ample global supplies, kept the oilseed tethered near a five-month low. *The most active soybean futures on the Chicago Board Of Trade fell 0.1 percent to $9.70-3/ 4 a bushel, having closed little changed in the previous session.