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Wires

  • SHANGHAI, June 29- China's central bank set the yuan midpoint at 6.7940 per dollar on Thursday, its strongest level since June 15, reflecting the dollar's broad weakness.

  • June 28- Martin Shkreli's lawyer did not run from his client's troubled public image, describing him as a misunderstood genius, as he began his defense in the former drug company executive's securities fraud trial on Wednesday. "You may not like Martin Shkreli," Benjamin Brafman said in his opening argument in Brooklyn federal court, "and you may have reasons to...

  • LOS ANGELES, June 28- The California Supreme Court on Wednesday refused to consider a challenge by business groups of the state's cap-and-trade law, a ruling that environmentalists hailed as ending a legal fight that had cast a cloud over the program. "This is the final step in this case to affirm Californias innovative climate program, including its carbon...

  • TOKYO, June 29- The president of Japan's Universal Entertainment Corp said the company's founder Kazuo Okada is "unfit" to be the director of a public company, in a private letter to a shareholder seen by Reuters. The June 21 letter was written by Jun Fujimoto ahead of an annual meeting of Universal shareholders on Thursday at which Okada is scheduled to lose his...

  • President Donald Trump will press South Korean President Moon Jae- in to improve trade imbalances with the United States during meetings at the White House on Thursday and Friday, a White House official said. Moon, whose talks with Trump will focus largely on efforts to press North Korea to give up its nuclear weapons program, did not directly address Trump's...

  • TOKYO, June 29- The dollar wallowed close to one-year lows against the euro and slipped against sterling in Asian trading on Thursday, as investors priced in tighter monetary policy in Europe. Sterling added to gains made after Bank of England Governor Mark Carney said on Wednesday that the central bank is likely to need to raise interest rates as the British...

  • SINGAPORE, June 29- Chicago wheat futures rose for a third consecutive session on Thursday with prices underpinned by dry weather threatening to reduce U.S. spring crop production. *Analysts expect the U.S. Department of Agriculture on Friday to lower its estimate of U.S. spring wheat plantings for 2017. *Russia has started grain harvesting in its southern...

  • *Markets scent end of easy policy in UK, EU and Canada. SYDNEY, June 29- The dollar languished at its lows for the year on Thursday as a drumbeat of hawkish comments from major central banks signalled the era of easy money might be coming to an end for more than just the United States. In Britain, Bank of England Governor Mark Carney surprised many by conceding a hike was...

  • SINGAPORE, June 29- Crude oil futures rose for a sixth consecutive session on Thursday, as a decline in U.S. production underpinned the market that has been under pressure from a global supply glut. West Texas Intermediate crude rose 7 cents, or 0.2 percent, to $44.81 per barrel by 0003 GMT, while the benchmark Brent futures gained 8 cents, or 0.2 percent, to $47.39 a...

  • SINGAPORE, June 29- Crude oil futures rose for a sixth consecutive session on Thursday, as a decline in U.S. production underpinned the market that has been under pressure from a global supply glut. West Texas Intermediate crude rose 7 cents, or 0.2 percent, to $44.81 per barrel by 0003 GMT, while the benchmark Brent futures gained 8 cents, or 0.2 percent, to $47.39 a...

  • WASHINGTON/ NEW YORK, June 28- The United States on Wednesday unveiled enhanced security measures for flights to the country designed to prevent expanding an in-cabin ban on laptops, but an airline trade group said the changes might cause more disruptions. The measures would affect 325,000 airline passengers on about 2,000 commercial flights arriving daily...

  • June 28- Brazil's real firmed sharply on Wednesday after the resignation of a Senate leader and harsh critic of President Michel Temer was seen as boosting the chances that Brazilian lawmakers will approve a labor overhaul. He had led the ruling party in the Senate, but said he could not back the labor reform bill from a president in the middle of a corruption...

  • In April Boeing asked the U.S. Commerce Department to investigate alleged subsidies and unfair pricing for Bombardier's CSeries airplane, accusing Bombardier of having sold 75 of the planes to Delta Air Lines Inc last year at a price well below cost. The U.S. International Trade Commission last month gave approval to the U.S. Commerce Department to begin...

  • June 29- For other diaries, please see:. Top Economic Events Polling unit diary Today in Washington Political and general news. 4- Jul Japan Auction of 10- year government bonds 4- Jul Belgium Auction of Treasury bills 5- Jul Germany Auction of 5- year Federal notes 5- Jul Japan 6- month discount bill auction 5- Jul Sweden Auction of Treasury bills 5- Jul Norway...

  • June 29- For other diaries, please see:. Top Economic Events Polling unit diary Today in Washington Political and general news. 4- Jul Japan Auction of 10- year government bonds 4- Jul Belgium Auction of Treasury bills 5- Jul Germany Auction of 5- year Federal notes 5- Jul Japan 6- month discount bill auction 5- Jul Sweden Auction of Treasury bills 5- Jul Norway...

  • MOLDOVA- National Bank of Moldova announces interest rate decision. SYDNEY- Reserve Bank of Australia holds monetary policy meeting- 0430 GMT. WEDNESDAY, JULY 5 BANGKOK- Bank of Thailand monetary policy committee meeting.

  • FLORENCE- European Central Bank Executive board member Ignazio Angeloni gives dinner speech at the Florence School of Banking& Finance Executive Seminar on Financing Banking Resolution in Florence, Italy- 1830 GMT. LONDON- St Louis Fed President James Bullard gives lecture at a Bank of England research conference on Applications of Behavioural Economics,...

  • FLORENCE- European Central Bank Executive board member Ignazio Angeloni gives dinner speech at the Florence School of Banking& Finance Executive Seminar on Financing Banking Resolution in Florence, Italy- 1830 GMT. LONDON- St Louis Fed President James Bullard gives lecture at a Bank of England research conference on Applications of Behavioural Economics,...

  • WASHINGTON, June 28- The top U.S. Senate Republican struggled on Wednesday to salvage major healthcare legislation sought by President Donald Trump, meeting privately with a parade of skeptical senators as critics within the party urged substantial changes. Senate Majority Leader Mitch McConnell on Tuesday abandoned plans to seek passage of it this week...

  • ST PAUL, Minn. _ H. B. Fuller Co. on Wednesday reported fiscal second-quarter earnings of $25.9 million. H. B. Fuller expects full-year earnings in the range of $2.57 to $2.67 per share. H. B. Fuller shares have climbed 11 percent since the beginning of the year.