Wires

  • BEIJING, Aug 26- China still has room for easing monetary policy as it aims to bring down funding cost for firms, a researcher from China's top economic planner said in an article published on Friday. There was still "rather large room for guiding interest rates lower" to help cut funding costs for firms, Cao Yujin, researcher at China's National Development and...

  • KUWAIT CITY— Kuwait's Interior Ministry says a government employee has been arrested for spreading Islamic State ideology and hacking social media pages of "some friendly and sister countries." That's a known group of hackers supporting the extremists in Iraq and Syria. The ministry says it had monitored Naif for months and his statements led to the arrest of...

  • TOKYO, Aug 26- The Government Pension Investment Fund, the world's largest pension fund, suffered investment losses of 5.2 trillion yen in the fiscal first quarter as its returns fell on the back of tumbles in global equities. GPIF said Britain's surprise vote to leave the European Union in June was the catalyst for the latest paper losses, triggering a surge in...

  • *Members of OPEC meeting in late September. International benchmark Brent crude oil prices were trading at $49.40 per barrel at 0632 GMT, down 27 cents from their previous close. Members of the Organization of Petroleum Exporting Countries will meet on the sidelines of the International Energy Forum, which groups producers and consumers, in Algeria from Sept....

  • SINGAPORE/ TOKYO, Aug 26- Asian stocks were largely steady on Friday, with modest losses in some markets and gains in others reflecting nervousness before a keenly anticipated speech by U.S. Federal Reserve Chair Janet Yellen. European markets are also heading for a flat start, with financial spreadbetter CMC Markets expecting Britain's FTSE 100 and Germany's...

  • *Tokyo Aug core CPI -0.4 pct vs f'cast -0.3 pct. TOKYO, Aug 26- Japan's consumer prices fell in July by the most in more than three years as more firms delayed price hikes due to weak consumption, keeping the central bank under pressure to expand an already massive stimulus program. The gloomy data reinforces a dominant market view that premier Shinzo Abe's stimulus...

  • TOKYO, Aug 26- Japanese stocks fell to three-week lows on Friday, hit by a fall on Wall Street and as investors stayed cautious before a speech by Federal Reserve Chair Janet Yellen, but companies announcing share buybacks attracted buying. The Nikkei share average ended 1.2 percent lower at 16,360.71 points, its lowest closing level since August 5.

  • DUBAI, Aug 26- Iran will help other oil producers stabilise the world market so long as fellow OPEC members recognise its right to regain lost market share, the country' oil minister said on Friday in remarks made ahead of next month's meeting of the oil exporters group. Iran, OPEC's third-largest producer, boosted output after Western sanctions were lifted in...

  • DUBAI, Aug 26- Iran will help other oil producers stabilize the world market so long as fellow OPEC members recognize its right to regain lost market share, the country' oil minister said on Friday in remarks made ahead of next month's meeting of the oil exporters group. Iran, OPEC's third-largest producer, boosted output after Western sanctions were lifted in...

  • PORTLAND, Ore.— A Pacific Northwest tribe is traveling nearly 5,000 miles across Canada and the United States with a 22- foot-tall totem pole on a flatbed truck in a symbolic journey meant to galvanize opposition to fossil fuel infrastructure projects they believe will imperil native lands. This is the fourth year the Lummi Nation in northwest Washington has...

  • Air New Zealand announced an after-tax profit of 463 million New Zealand dollars for the year ending June, an increase of 42 percent over the previous year. Air New Zealand Chief Executive Christopher Luxon said in a statement that competition is increasing because tourism to the South Pacific nation remains strong and lower fuel costs make the country a more...

  • LONDON, Aug 26- Britain's high streets are heaving with shoppers despite June's shock vote to leave the European Union, big companies have reported few signs of distress and some tabloid newspapers are even talking about a post-Brexit economic boom. The overwhelming view from economists is that it is too early to know how Britain will cope with years of Brexit...

  • LONDON, Aug 26- Britain's high streets are heaving with shoppers despite June's shock vote to leave the European Union, big companies have reported few signs of distress and some tabloid newspapers are even talking about a post-Brexit economic boom. The overwhelming view from economists is that it is too early to know how Britain will cope with years of Brexit...

  • LONDON, Aug 26- Britain's high streets are heaving with shoppers despite June's shock vote to leave the European Union, big companies have reported few signs of distress and some tabloid newspapers are even talking about a post-Brexit economic boom. The overwhelming view from economists is that it is too early to know how Britain will cope with years of Brexit...

  • LONDON, Aug 26- Britain's high streets are heaving with shoppers despite June's shock vote to leave the European Union, big companies have reported few signs of distress and some tabloid newspapers are even talking about a post-Brexit economic boom. The overwhelming view from economists is that it is too early to know how Britain will cope with years of Brexit...

  • SYDNEY, Aug 26- Australian farmers are set to churn out record harvests of pulses such as chickpeas and lentils after they rushed to take advantage of surging prices due to shortages in world No.1 producer and consumer India. That should help cement Australia's position as a top five global exporter of pulses alongside nations such as Canada and China at a time...

  • TOKYO, Aug 26- Growth in Japan's industrial output was expected to slow in July, a Reuters poll found, suggesting firms remain constrained by the strong yen and weak export orders. "There are worries about deterioration in corporate profits due to a strong yen, a slowdown in overseas economies and accumulated inventory," said Takumi Tsunoda, senior economist at...

  • BEIJING, Aug 26- China's trade deficit in services widened to $22.5 billion in July from $19.4 billion in June, the foreign exchange regulator said on Friday. July's deficit was largely due to a $20.8 billion spending gap between the Chinese, who spend more abroad than foreign tourist in China, data from the State Administration of Foreign Exchange showed.

  • Instead, he reported it to Citizen Lab, an internet watchdog, setting off a chain reaction that in two weeks exposed a secretive Israeli cyberespionage firm, defanged a powerful new piece of eavesdropping software and gave millions of iPhone users across the world an extra boost to their digital security. "It feels really good," Mansoor said in an interview from...

  • JAKARTA, Indonesia— Six Indonesian provinces have declared states of emergency as forest fires blanketed a swath of Southeast Asia in a smoky haze. Singapore's air quality deteriorated to unhealthy levels on Friday as winds blew smoke from fires on Sumatra across the city-state and into southern Malaysia. The number of hotspots detected in Sumatra and...