Wires

  • *Hong Kong stocks top losers; Japan gains. MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.4 percent in early trade. "China's stock markets have benefited from Brexit-related capital flows but that impact is fading and we are cautious on the market outlook given increasing signs of economic weakness," said Francis Cheung, head of China and Hong...

  • NEW DELHI, Aug 24- India's defence ministry said on Wednesday that the source of secret documents detailing the capabilities of the French-designed Scorpene submarine being built for the Indian navy appeared to be "from overseas and not from India". Defence Minister Manohar Parrikar said earlier the security breach appeared to have been the work of hackers.

  • NEW DELHI, Aug 24- India's defense ministry said on Wednesday that the source of secret documents detailing the capabilities of the French-designed Scorpene submarine being built for the Indian navy appeared to be "from overseas and not from India." Defense Minister Manohar Parrikar said earlier the security breach appeared to have been the work of hackers.

  • BEIJING, Aug 24- China's top economic planner is set to audit 1.8 trillion yuan in special construction funds that were part of a massive program introduced last year to help stabilize the economy, 21th century business herald said. The move by the National Development and Reform Commission comes as Beijing is ramping up fiscal spending and launching a flurry...

  • NEW DELHI, Aug 24- India's defence minister said documents relating to the French Scorpene submarine being built in the country appeared to have been hacked, after an Australian newspaper reported a leak of thousands of pages detailing the vessel's top-secret capability. "I understand there has been a case of hacking, we will find out what has happened," Manohar...

  • SHANGHAI, Aug 24- China's yuan weakened on Wednesday, after the dollar strengthened and the central bank conducted its first 14- day reverse repurchase operation in the money markets since February, which some analysts said indicated growing concerns over leverage. The People's Bank of China set the midpoint rate at 6.642 per dollar prior to market open,...

  • *HK-> Shanghai Connect daily quota used 1 pct, Shanghai-> HK daily quota used 5.7 pct. BEIJING, Aug 24- China stocks were down modestly at the lunch break on Wednesday with the blue-chip CSI 300 index edging down marginally, dragged by financial shares amid receding expectations of further aggressive monetary easings. The CSI300 index, which tracks the largest listed...

  • SHANGHAI, Aug 24- China's state asset manager sought to ease market worries about possible defaults, pledging on Wednesday to scrutinize bonds maturing in three months and saying a state-owned railway firm has managed to avoid default. The commission said it will "analyze such bonds one by one, make timely precautions, and actively deal with risks, in order to...

  • SINGAPORE, Aug 24- Tencent Holdings Ltd and Samsung Electronics Co Ltd are racing to be crowned Asia's most valuable company as expectations for robust earnings growth push their share prices to record highs. "These companies can grow earnings despite weaker global growth," said Andrew Gillan, head of Asia ex- Japan equities at fund managing firm Henderson...

  • AMATRICE, Italy— The Latest on the earthquake in central Italy:. The ANSA news agency says two bodies have been pulled from the rubble of quake-hit Amatrice in central Italy after a strong quake levelled buildings as residents slept. Residents across a broad swath of central Italy felt the temblor, which struck at 3:36 a.m. and sent people running into the...

  • HARTFORD, Conn.— With the growth of agritourism and more people visiting local farms, Connecticut officials are joining other states in educating farmers about how to mitigate health risks for their new visitors. Bruce Sherman, director the Connecticut Department of Agriculture's Bureau of Inspection and Regulation, said people were petting the animals.

  • Markets were steady following the submarine launch of a ballistic missile by North Korea. KEEPING SCORE: Japan's Nikkei 225 rose 0.6 percent to 16,590.00 on rising hopes for more stimulus from the Bank of Japan and government stimulus, while Australia's S&P/ASX 200 added 0.2 percent to 5,564.40. But South Korea's Kospi fell 0.2 percent to 2,045.77 and Hong...

  • ROME— A strong earthquake struck central Italy early Wednesday, levelling buildings in several towns as residents slept. The magnitude 6.1 quake struck at 3:36 a.m. and was felt across a broad swath of central Italy, including the capital Rome where residents felt a long swaying followed by aftershocks. The U.S. Geological Survey put the magnitude at 6.2 with...

  • SYDNEY, Aug 24- U.S. corn fell for a second consecutive session on Wednesday as ample global supplies pushed prices towards a one-week low, although mixed findings from a widely watched U.S. crop tour curbed losses. The most active corn futures on the Chicago Board of Trade fell 0.4 percent to $3.36-1/ 2 by 0336 GMT. Analysts said estimates from the Pro Farmer Midwest...

  • TOKYO, Aug 24- Japanese government bond prices were mostly lower on Wednesday as a rise in Tokyo stocks pressured safe-haven debt. The market was range-bound ahead of Federal Reserve Chair Janet Yellen's appearance on Friday at an annual meeting for global central bankers in Jackson Hole, Wyoming. The Japanese government is expected to approve later on...

  • *Spot gold seen touching $1,331.35- technicals. At the end of the week, Fed Chair Janet Yellen is scheduled to address a gathering of global central bankers in Jackson Hole, Wyoming. "Markets are going to be quiet until Friday as everyone is waiting for some clues from Janet Yellen's speech," said Kent Li, deputy incharge for bullion desk, Wing Fung Precious Metals.

  • BEIJING— On a seaside field south of Shanghai, workers are constructing a nuclear reactor that is the flagship for Beijing's ambition to compete with the United States, France and Russia as an exporter of atomic power technology. Still, experts say Beijing underestimates how tough it will be for its novice nuclear exporters to sell abroad.

  • *New phone launched Aug. 19, well-received by critics. SEOUL, Aug 24- Better-than-expected demand for Samsung Electronics Co Ltd's new Galaxy Note 7 is causing supply constraints globally, the South Korean tech giant said on Wednesday, suggesting strong initial sales for the new premium smartphone. Samsung shares were down 2 percent as of 0339 GMT Wednesday...

  • *Investors in China warehouses include Warburg Pincus, Carlyle. *China online shopping revenues expected to hit $1.1 trln in 2018. "The thinking was even if it didn't necessarily scale to the size we were anticipating, we had a good sense that while Boston is a pretty decent size city in the U.S., China should have far more modern warehousing space over the longer term,"...

  • TAIPEI, Aug 24- Taiwan stocks were almost flat on Wednesday morning as losses in financial shares, led by Mega Financial, eroded early gains. But the financials subindex lost 0.7 percent, led by Mega Financial's 2 percent retreat after Taipei prosecutors on Tuesday began an investigation on whether the firm broke local criminal laws after its banking unit was...