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  • TOKYO, Feb 10- Japan's Nikkei benchmark on Wednesday plunged below what could be the most important support level in recent years for foreign investors, a break some analysts say could lead to a foreign investment reversal in Japanese shares. At the current exchange rate, that 136 mark would correspond to about 15,600 in the Nikkei, its lowest level since October...

  • *FTSEurofirst 300 recovers after sharp fall. LONDON, Feb 10- European shares rebounded on Wednesday from two-year lows reached in the previous session, helped by some solid corporate earnings and a recovery in Deutsche Bank. The pan-European FTSEurofirst 300 index, which had fallen 1.6 percent to its lowest point since September 2013 on Tuesday, rose 1.5...

  • SEOUL, Feb 10- South Korea said on Wednesday it would suspend operations at a jointly run factory park just inside North Korea following the North's long-range rocket launch over the weekend, cutting off an important source of revenue for the impoverished North. North Korea's Feb. 7 rocket launch put a satellite into orbit, although the United States and South...

  • TOKYO, Feb 10- The Bank of Japan said on Wednesday it would expand its bond lending scheme to reduce possible shortages of government bonds in the market, which could be exacerbated by the central bank's new policy to introduce negative interest rates. The BOJ said it will increase the amount of JGBs it can lend to brokers and banks to one trillion yen per each issue,...

  • LONDON, Feb 10- The dollar languished close to a 3-1/ 2- month low against a basket of major currencies on Wednesday, as traders waited for U.S. interest rate guidance from Federal Reserve Chair Janet Yellen. Worries over sliding commodity prices, a slowing China and the health of European banks have also dampened dollar demand in favour of safe-haven assets such...

  • European stock markets have built on gains at the open, with Germany's Deutsche Bank clawing back a large chunk of its recent losses. On Wednesday, Deutsche Bank's share price was up 11 percent at 14.56 euros amid reports that the bank is thinking about buying back some of its debt. Deutsche Bank's rally has helped Germany's DAX spike 1.6 percent in early trade and...

  • *Move would partly prepare Indonesia for free trade agreements. JAKARTA, Feb 10- Indonesian President Joko Widodo on Wednesday unveiled plans for a "big bang" loosening of restrictions on foreign investment in nearly 50 sectors of the economy to encourage competition. Southeast Asia's largest economy which has been growing at its slowest pace in six years...

  • TOKYO— Japanese automaker Nissan reported Wednesday a 25 percent increase in fiscal third-quarter profit to 127.2 billion yen on strong sales. Nissan, based in the port city of Yokohama, left its full-year forecasts unchanged at 535 billion yen profit, up 17 percent from the year before, on 12.3 trillion yen in sales, up 8 percent. Sales were weak in Japan in recent...

  • WASHINGTON— The administration of President Barack Obama is vowing to press ahead with efforts to curtail greenhouse gas emissions after a divided Supreme Court put his signature plan to address climate change on hold until after legal challenges are resolved. White House spokesman Josh Earnest said the administration's plan is based on a strong legal and...

  • SEOUL, South Korea— South Korea said Wednesday that it would suspend operations at a joint industrial park with North Korea in response to the North's recent rocket launch, the first time in the park's decade of operation that Seoul has halted work there. The move comes after North Korea on Sunday launched a long-range rocket considered by other countries to be a...

  • LONDON, Feb 10- European shares rebounded back up on Wednesday from two-year lows reached in the previous session, helped by some solid corporate earnings and signs of corporate takeover activity. The euro zone's blue-chip Euro STOXX 50 index gained 0.5 percent, while Britain's FTSE 100 advanced 0.6 percent. Norwegian mobile software company Opera also...

  • SEOUL, South Korea— South Korea says it will halt operations at joint industrial park with North Korea in response to rocket launch.

  • WASHINGTON— Federal Reserve Chair Janet Yellen will address Congress on Wednesday at a time of deepening uncertainty about the Fed's interest rate policies. After testifying to the House Financial Services Committee on Wednesday, Yellen will address the Senate Banking Committee on Thursday. There is less certainty now than when the Fed raised its target...

  • HELSINKI— Carlsberg says poor sales in Europe more than halved its fourth-quarter profit despite a slight increase in overall revenue, and the Danish brewer gave a guarded outlook for the year. Net profit in the quarter was 78 million kroner, down from 168 million kroner a year earlier. The group said its beer volumes last year were down 4 percent, mainly due to the...

  • MOSCOW, Feb 10- Turkish business conglomerate Fiba Group has put up for sale its Russian mid-sized lender Credit Europe Bank, two banking sources told Reuters, against a backdrop of a diplomatic row between Moscow and Ankara that shows no sign of abating. Turkey and Russia have been at loggerheads since Turkey downed a Russian warplane in late November that...

  • SoftBank Group Corp. reported Wednesday a 2.3 billion yen October-December profit, down from 18.7 billion yen the same period a year earlier. As the first to offer the iPhone in Japan, SoftBank's business in Japan is going strong, but it has faced a challenge with money-losing Sprint. The company based in Overland Park, Kansas, says it's on track to cut $800 million...

  • LONDON, Feb 10- ARM Holdings, the British chip designer whose technology powers smartphones, reported a 17 percent rise in fourth-quarter profit as its latest processor designs continued to win market share. Chief Executive Simon Segars said that during the year its latest chip architecture surpassed a 50 percent share of smartphone shipments.

  • SYDNEY— Australia's former prime minister and two other politicians were gifted designer watches by a Chinese businessman— but initially kept them only because they thought the 40,000 Australian dollar timepieces were fake, a newspaper reported Wednesday. Former Prime Minister Tony Abbott was leader of the then-opposition Liberal Party in 2013 when he...

  • TOKYO, Feb 10- Japanese government bonds slipped on Wednesday, as investors took profits ahead of a public holiday and a day after the benchmark yield slipped into negative territory for the first time. JGBs have soared, putting downward pressure on yields, since the Bank of Japan adopted negative interest rates on Jan. 29, under which banks have to pay interest on...

  • DAR ES SALAAM, Feb 10- One day last October, agents from a crack Tanzanian crime unit raced past Dar es Salaam's Palm Beach Hotel in pursuit of the suspected leader of a global elephant poaching ring. The agents' target that day was Yang Feng Glan, a 66- year-old Chinese national dubbed the "Ivory Queen," who is accused of running a smuggling empire stretching from the...