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  • BEIJING, Feb 28- China plans to target broad money supply growth of around 12 percent in 2017, slightly lower than last year's goal, policy sources said, signalling a bid to contain debt risks while keeping growth on track. Under its new "prudent and neutral" policy, the People's Bank of China has adopted a modest tightening bias in a bid to cool torrid credit...

  • *Oil rises on expectations of further OPEC cuts. OPEC has so far surprised the market by showing record compliance with oil-output curbs and could improve further in coming months as the biggest laggards- the United Arab Emirates and Iraq- pledge to catch up quickly with their targets. "With the prospect of OPEC extending the current cuts even longer, we would...

  • TOKYO, Feb 28- Japan's Nikkei share average gained on Tuesday morning after U.S. stocks rose and the dollar gained on hopes that U.S. President Donald Trump will speak about infrastructure spending in an address to Congress later in the day. In Wall Street, the Dow Jones Industrial Average closed at a record high for a 12th straight session after Trump said he would...

  • SYDNEY, Feb 28- London copper was steady on Tuesday as investors looked towards a speech by U.S. President Donald Trump for more clarity on his economic policy, while persistent concerns over supply from large mines in Chile and Indonesia continued to buoy prices. *The most-traded copper contract on the Shanghai Futures Exchange was up 0.21 percent at 47,970...

  • MANILA, Philippines— The Asian Development Bank says developing countries in Asia and the Pacific will need to invest up to $1.7 trillion a year, or $26 trillion through 2030, to meet their infrastructure needs and to maintain the region's growth momentum— more than double the previous estimate in 2009.. The Manila- based bank's report covering 45 countries...

  • Feb 27- Samuel Merksamer, who represents billionaire Carl Icahn on several corporate boards, has exited the activist investor's hedge fund firm, and it was unclear on Monday how Icahn's interests will be represented at those companies going forward. Merksamer had since 2008 been a managing director at Icahn Capital, a unit of Icahn Enterprises LP, and served on...

  • LONDON, Feb 27- For every buyer of futures and options there must be a seller. For every long position there must be a corresponding short position. Since September 2009, the U.S. Commodity Futures Trading Commission has employed a four-way classification for all traders with reportable positions in crude oil.

  • *Spot gold was little changed at $1,252.15 per ounce at 0044 GMT. The metal hit its highest since Nov. 11 at $1,263.80 in the previous session. President Donald Trump's policy speech to a joint session of Congress on Tuesday night where he is expected to provide clues on his plans to cut taxes.

  • VANCOUVER, British Columbia _ Great Panther Silver Ltd. on Monday reported a loss of $1.5 million in its fourth quarter. The Vancouver, British Columbia- based company said it had a loss of 1 cent per share. Keywords: Great Panther Silver, Earnings Report.

  • BRENTFORD, Britain _ Abengoa Yield PLC on Monday reported a loss of $14.5 million in its fourth quarter. The Brentford, Britain- based company said it had a loss of 15 cents per share. For the year, the company reported that its loss narrowed to $4.9 million, or 5 cents per share.

  • *Trump's speech to Congress awaited for more cues. Trump will ask the U.S. Congress to boost Pentagon spending in the next fiscal year by $54 billion in his first budget proposal, a White House budget official said on Monday. "The talk regarding military and infrastructure spending raised expectations towards Trump's speech to the Congress later today, lifting...

  • Feb 27- Uber Technologies Inc's senior vice president of engineering, Amit Singhal, has left the company for failing to disclose a sexual harassment allegation, stemming from his tenure at Alphabet Inc's Google, Recode reported, citing sources. Singhal, who was appointed last month to work closely with Uber CEO Travis Kalanick, was asked to resign after Recode...

  • TOKYO, Feb 28- Asian shares edged up on Tuesday, bolstered by gains on Wall Street as investors awaited a speech by U.S. MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.1 percent in early trading, while Japan's Nikkei stock index got a tailwind from a weaker yen and gained 0.7 percent. "This could be like the case of his inauguration speech, in which...

  • OPEC has so far surprised the market by showing record compliance with oil-output curbs and could do so further in coming months as the biggest laggards- the United Arab Emirates and Iraq- pledge to catch up quickly with their targets. "With the prospect of OPEC extending the current cuts even longer, we would expect to see prices continue to push higher from here,"...

  • HIGH POINT, N.C. _ VTv Therapeutics Inc. on Monday reported a loss of $4.1 million in its fourth quarter. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 14 cents per share. VTv Therapeutics shares have increased 27 percent since the beginning of the year.

  • HAMILTON, Bermuda _ Belmond Ltd. on Monday reported fourth-quarter net income of $6.7 million. On a per-share basis, the Hamilton, Bermuda- based company said it had profit of 7 cents. For the year, the company reported profit of $36.3 million, or 36 cents per share.

  • CHICAGO _ John Bean Technologies Corp. on Monday reported fourth-quarter net income of $23.1 million. On a per-share basis, the Chicago- based company said it had profit of 77 cents. For the year, the company reported profit of $67.6 million, or $2.27 per share.

  • BRENTWOOD, Tenn. _ AAC Holdings Inc. on Monday reported fourth-quarter profit of $478,000. AAC Holdings expects full-year revenue in the range of $295 million to $305 million. AAC Holdings shares have increased roughly 5 percent since the beginning of the year.

  • TOKYO, Feb 28- Japan's industrial output unexpectedly fell in January for the first time in six months, knocked by a slowdown in shipments of cars to the United States in a sign of an economy grappling for a sustainable recovery. The ministry said factories curbed production due to a slowdown in shipments of cars to the United States, where President Donald Trump...

  • HOUSTON _ Black Stone Minerals LP on Monday reported fourth-quarter net income of $326,000, after reporting a loss in the same period a year earlier. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 16 cents per share. Black Stone Minerals shares have decreased nearly 6 percent since the beginning of the year.