Wires

  • SHANGHAI, Aug 29- China's yuan weakened on Monday morning to its lowest level in more than one month on broad dollar strength after Federal Reserve Chair Janet Yellen's upbeat comments on the U.S. economy and traders raised their bets on an interest rate hike. Spot yuan opened at an intraday low of 6.6850 per dollar, its weakest level since July 20, hovering around...

  • Aug 29- Gold edged lower early on Monday as the dollar strengthened after hawkish comments from Federal Reserve Chair Janet Yellen left the door open for a U.S. interest hike as early as next month. *The case for raising U.S. interest rates has strengthened in recent months because of improvements in the labor market and expectations for moderate economic growth,...

  • SHANGHAI, Aug 29- China's government-run enterprises account for 66.5 percent of total debt defaults so far this year, China's official Securities Daily newspaper reported on Monday, citing information from the state asset regulator. Debt has emerged as one of China's biggest challenges, with the total load rising to 250 percent of gross domestic product...

  • SAN FRANCISCO, Aug 28- High-tech computing company Nutanix has acquired two startups to enhance its data and storage services, as the firm continues to grow its business despite a protracted delay in its initial public offering. San Jose, California- based Nutanix said on Sunday it bought PernixData, a software company that facilitates data storage, and Calm.io,...

  • Surging arrivals at LME sheds in Singapore and South Korea have broadly corresponded to export flows out of China. And in part this is no more than a continuation of the stocks rebalancing that has been playing out for several months, a refilling of a depleted LME system from high inventories in China that accumulated earlier this year. If no-one is being forced...

  • SINGAPORE, Aug 29- Oil prices fell early on Monday as output from Iraq rose and as Iran said it would only cooperate in upcoming producer talks to freeze output if fellow exporters recognised its right to fully regain market share. Also, Iran said late last week that it would only cooperate in upcoming producer talks in September if other exporters recognised...

  • *Asia ex- Japan stocks down 0.7 pct on Fed rate hike expectations. SINGAPORE, Aug 29- Most Asian share markets slipped on Monday while the U.S. dollar held firm on Monday after U.S. MSCI's broadest index of Asia-Pacific shares outside Japan slid 0.7 percent.

  • TOKYO, Aug 29- The dollar stood tall in Asian trading on Monday, after Federal Reserve Chair Janet Yellen's upbeat comments on the U.S. economy and traders raised their bets on an interest rate increase. The dollar added 0.2 percent to 102.03 yen after earlier rising as high as 102.14, its best since Aug. 12. "The next barrier is in the 102.00-102.60 band," wrote Marc...

  • Unifor, which represents more than 20,000 autoworkers, is pushing General Motors Co, Fiat Chrysler Automobiles and Ford Motor Co to invest further in the province of Ontario, home to nearly all of Canada's auto industry, in talks that began this month. The union has asked for terms including higher wages for GM to build new vehicles in Oshawa, and for Ford to keep its...

  • Aug 29- For other diaries, please see: Top Economic Events Polling unit diary Today in Washington Political and general news. DATE TIME COUNTRY AMOUNT AUCTION DETAILS. 29 August Italy Bills auction 29 August France Auction of BTF treasury notes 30 August Italy Medium long-term auction 30 August Belgium Auction of Treasury bills 30 August Japan Auction of 2-...

  • PAUL, United States- Federal Reserve Bank of Minneapolis President Neel Kashkari participates in conversation on "The Role of the Fed and its Board of Directors," hosted by the Amherst H. Wilder Foundation- 1200 GMT. BEIJING- Federal Reserve Bank of Boston President Eric Rosengren participates in panel before the "Business Cycles, Financial Markets and Monetary...

  • BRIEF- CANADA'S UNIFOR UNION VOTES FOR STRIKE MANDATE IN AUTO. Aug 28- Canada's Unifor union says it has voted to be in strike position if terms are not reached in talks with U.S. "Big Three" expires on Sept. 19.

  • Unifor President Jerry Dias has said the union is asking for higher wages and would not agree to a deal unless GM commits to building new vehicles in Oshawa, and Ford decides to keep its engine plant operating in Windsor. GM's Oshawa plant could shut one of its two assembly lines, with several vehicles already produced elsewhere or expected to move in 2017..

  • CANADA'S UNIFOR UNION IN TALKS WITH GENERAL MOTORS CO, FIAT CHRYSLER AUTOMOBILES AND FORD MOTOR CO.

  • CANADA'S UNIFOR UNION SAYS HAS VOTED TO BE IN STRIKE POSITION IF TERMS NOT REACHED IN TALKS WITH U.S.' BIG-THREE' CARMAKERS.

  • CURRENT CONTRACT BETWEEN CANADA'S UNIFOR UNION AND U.S.

  • Aug 28- Hedge fund manager D.E. Shaw& Co LP is weighing a bid for SunEdison Inc's controlling stake in TerraForm Power Inc, the bankrupt U.S. renewable energy producer's most valuable asset, according to people familiar with the matter. Shaw's emergence as a possible bidder for TerraForm Power indicates that the potential sale process for the so-called "Class B"...

  • YONGIN, South Korea, Aug 29- In Yongin, a satellite city south of Seoul, orange construction cranes are racing to build gleaming new high-rises, but realtor Kim Woong- jib says he is pointing would-be apartment buyers to older buildings. The city of a million people has 5,301 unsold new residential units, government data shows, the most in South Korea and a symptom of a...

  • HEDGE FUND MARATHON MAKES BREXIT BET ON EUROPEAN.

  • But Herbalife's filings with the U.S. Securities and Exchange Commission painted a much less optimistic picture than its presentation to analysts and investors, according to a private investor who flagged the differences to the SEC this month. Handley, who is betting Herbalife's stock price will fall, told Reuters about his outreach to the SEC and provided a...