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  • Secretary of State John Kerry on Wednesday urged China to end provocative land reclamation projects in the South China Sea and work out effective resolutions to territorial disputes with its smaller neighbors that have ratcheted up tensions in some of the world's busiest commercial sea lanes. Chinese land reclamation in contested waters has irked...

  • SINGAPORE, Aug 5- Benchmark Brent crude oil prices rose above a key support level of $50 on Wednesday, recovering from multi-month lows, as investors await U.S. oil inventories data to gauge supply. "The market is still digesting news of Iran coming back with more supply," Ben Le Brun, a markets analyst at OptionsXpress in Sydney said. September Brent crude rose 35...

  • JAKARTA, Aug 5- Indonesia's economy grew 4.67 percent in the second quarter, dropping from 4.71 percent in the first quarter to post its slowest growth since 2009, the statistics bureau said on Wednesday. A Reuters poll of analysts had expected growth at 4.61 percent. GDP in the second quarter grew 3.78 percent from the January-March quarter, on a non-seasonally...

  • HONG KONG, Aug 5- China stocks fell on Wednesday, shrugging off a vow by the central bank to stabilise market expectations and a private survey which showed activity in the services sector activity accelerated last month. China CSI300 stock index futures for August fell 2.2 percent to 3,752.8, or 136.23 points below the current value of the underlying index,...

  • KEEPING SCORE: Japan's Nikkei 225 rose 0.7 percent to 20,666.74 and South Korea's Kospi added 0.1 percent to 2,030.11. Stocks in Taiwan, India and Southeast Asia rose. Also on Friday, the Institute for Supply Management, a trade group of purchasing managers, issues its index of non-manufacturing activity for July, which shows the status of U.S. service firms that...

  • Aug 5- General Electric Co said on Wednesday it is developing a cloud-based service tailored for industrial customers, the latest step in the U.S. conglomerate's effort to gain business from data generated by machines. GE Chief Executive Jeff Immelt has bet on developing analytics and software for customers of the company's jet engines, power-generating...

  • *Corn up for second day on bargain-buying by end-users. *Soybeans rise after three-day decline, wheat ticks up. Chicago Board of Trade September corn rose 0.3 percent to $3.70 a bushel by 0259 GMT after dropping on Monday to its lowest since June 23.

  • TOKYO, Aug 5- The dollar extended gains against the yen and euro on Wednesday after Atlanta Federal Reserve President Dennis Lockhart expressed support for an interest rate hike in September. Lockhart, a voter this year on the Federal Open Market Committee, told the Wall Street Journal that it would take "significant deterioration" in the U.S. economy for him to...

  • Secretary of State John Kerry says he's hopeful that China and its smaller neighbors can come to an effective resolution to territorial disputes in the South China Sea. Speaking Wednesday at a Southeast Asian regional security forum, Kerry said the U.S. wants to preserve stability in the South China Sea and ensure the security of shipping lanes and fishing...

  • *Construction firms up after good Kajima earnings. TOKYO, Aug 5- Japan's Nikkei share average edged up on Wednesday as construction firms and real estate developers gained on earnings but Toyota Motor and other cyclical shares buckled under concerns about slower global growth. Kajima rose 6.0 percent while rival Shimizu Corp rose 4.7 percent.

  • MANILA, Aug 5- Gold slipped toward a 5-1/ 2- year low on Wednesday as the dollar strengthened after comments from a Federal Reserve official backed expectations that the U.S. central bank would hike interest rates as early as next month. Atlanta Federal Reserve President Dennis Lockhart has said it would take "significant deterioration" in the U.S. economy for him...

  • SINGAPORE, Aug 5- U.S. corn futures rose for a second session on Wednesday, with the market underpinned by bargain-buying after prices slid to a six-week low earlier this week, although expectations of ample global supplies capped gains. Soybeans rose after sliding for the last three sessions, while wheat gained 0.6 percent. *There is additional support for corn...

  • SHANGHAI, Aug 5- Investor confidence in China's stock market improved in July after the government stepped in to. halt a share price slide, China's official Shanghai. Since China's stock markets started crashing, Beijing has rolled out an unprecedented series of support measures, including cajoling brokerages and pension funds to buy stocks, cracking down on...

  • *July Caixin services PMI hits 53.8, highest since Aug 2014. BEIJING, Aug 5- Activity in China's services sector expanded at its fastest pace in 11 months in July, thanks to stronger new business, a private survey showed on Wednesday, a welcome development at a time factories in the world's second largest economy are struggling. The services Purchasing Managers'...

  • TAIPEI, Aug 5- Taiwan stocks fell on Wednesday on downbeat sentiment in overseas markets and a gloomy economic outlook at home. Taiwan's latest inflation reading issued early Wednesday showed price weakness persisting for the seventh month running, which will likely lead the government to cut its 2015 forecast for the consumer price index from its current...

  • *At stake is access to 36 slots at Tokyo's Haneda airport. TOKYO, Aug 5- ANA Holdings Inc will get the backing of Airbus Group in a crucial vote by creditors on Wednesday to pick a sponsor for bankrupt Japanese discount carrier Skymark Airlines Inc, three sources with knowledge of the matter said. A spokesman for Airbus declined to comment.

  • SINGAPORE, Aug 5- Benchmark Brent crude oil prices inched up just above a key support level of $50 on Wednesday, recovering from multi-month lows, as investors await U.S. oil inventories data to gauge supply. "The market is still digesting news of Iran coming back with more supply," Ben Le Brun, a markets analyst at OptionsXpress in Sydney said. September Brent crude...

  • SHANGHAI, Aug 5- Investor confidence in China's stock market improved in July after the government stepped in to. halt a share price slide, China's official Shanghai. Since China's stock markets started crashing in mid-June, Beijing has rolled out an unprecedented series of support measures, including cajoling brokerages and pension funds to buy stocks,...

  • MELBOURNE, Aug 5- London copper slipped back on Wednesday towards six-year lows as the dollar rose on heightened expectations the U.S. Federal Reserve could raise interest rates in September and amid a bearish backdrop for China demand. "Sentiment here among Chinese investors is quite bearish at the moment, it's hard to see any sustainable rebound from here,"...

  • BEIJING, Aug 5- Activity in China's services sector expanded to its fastest pace in 11 months in July, a private survey showed on Wednesday, offseting some downward pressure on the world's second largest economy as the manufacturing sector falters. China's official services PMI released on Saturday showed that activity quickened slightly in July from the...