Wires

  • SEOUL, South Korea— Samsung Electronics Co. says problems with the design and manufacturing of batteries in its Galaxy Note 7 smartphones caused them to overheat and burst into fire. The announcement Monday of the company's investigation into one of its worst product fiascos comes three months after the flagship phone was discontinued.

  • LONDON, Jan 20- The U.S. gas market has tightened significantly over the last nine months as low prices have spurred strong consumption and exports while slashing drilling of new wells. At the same point last year, stocks were 473 billion cubic feet above average, according to the U.S. Energy Information Administration. Heating demand so far in the winter of 2016/ 17...

  • SEOUL, South Korea— Samsung says battery design and manufacturing process caused Galaxy Note 7 smartphone fires.

  • TOKYO, Jan 23- The dollar started the week on the back foot in early Asian trade on Monday, with the euro edging up to its highest in more than a month as investors locked in gains on the dollar's recent rise as they waited for U.S. The euro firmed 0.2 percent on the day to $1.07270 after rising to $1.07300, its highest since Dec. 8. Against the perceived safe-haven yen, the...

  • TOKYO, Jan 23- The dollar slipped and Asian shares were on the defensive on Monday as worries about President Donald Trump's protectionist policies outweighed optimism that he will follow through on promises of tax cuts and other stimulus. Japan's Nikkei dropped 1.3 percent while shares in South Korea and Australia dropped 0.3 percent, though...

  • SINGAPORE, Jan 23- Oil prices edged up on Monday, supported by statements from oil producers over the weekend that a output cut was being successfully implemented, but markets were held back by a surge in drilling that suggested U.S. output would rise further. Brent crude futures, the international benchmark for oil prices, were trading at $55.57 per barrel at 0016...

  • SYDNEY, Jan 23- The Australian government on Monday said it would establish a new Critical Infrastructure Centre to protect key national infrastructure from sabotage, espionage and coercion. The center, which will develop national security risk assessments and register critical assets, is being established as the government has taken an increasingly...

  • SYDNEY, Jan 23- The Australian government on Monday said it would establish a new Critical Infrastructure Centre to protect key national infrastructure from sabotage, espionage and coercion. The center, which will develop national security risk assessments and register critical assets, is being established as the government has taken an increasingly...

  • SYDNEY, Jan 23- The Australian government on Monday said it would establish a new Critical Infrastructure Centre to protect key national infrastructure from sabotage, espionage and coercion. The centre, which will develop national security risk assessments and register critical assets, is being established as the government has taken an increasingly...

  • SYDNEY, Jan 23- The Australian government on Monday said it would establish a new Critical Infrastructure Centre to protect key national infrastructure from sabotage, espionage and coercion. The centre, which will develop national security risk assessments and register critical assets, is being established as the government has taken an increasingly...

  • *LME faces struggle to compete with New York, Shanghai futures. London's $5 trillion- a-year gold trade has, along with the rest of the City of London, found itself under increased scrutiny since the Libor scandal, with U.S. lawsuits alleging rigging against the banks that set bullion prices. It also says the contracts' central clearing would free the banks and...

  • Jan 23- For other diaries, please see: Top Economic Events Polling unit diary Today in Washington Political and general news. DATE TIME COUNTRY AMOUNT AUCTION DETAILS. 23- Jan Norway Auction of Treasury bills 23- Jan Belgium OLO Auction 24- Jan United States Sale of 2- year notes 24- Jan Japan Auction of 40- year government bonds 24- Jan Spain Auction of 3- and 9-...

  • OMAHA, Neb.— New Warren Buffett documentary will be shown in billionaire investor's hometown of Omaha. The Omaha premiere comes one week ahead of when the film will debut on HBO. Buffett and his family is expected to attend the Omaha event at the Holland Performing Arts Center Monday night.

  • TOKYO, Jan 23- Nearly two-thirds of Japanese firms are considering no wage hikes this year, a blow to Prime Minister Shinzo Abe's campaign for wage growth to ensure a sustainable recovery and a way out of two decades of deflation, a Reuters poll showed. President Donald Trump nor Prime Minister Shinzo Abe wants to see the yen weaken significantly, out of concerns...

  • *JPMorgan downgraded Indonesia at time of uncertainty- finmin. *Indonesia says bond dealers must avoid conflicts of interest. JPMorgan published a research report on Nov. 13 that gave Indonesia an underweight assessment, just as Southeast Asia's biggest economy was seeing an outflow of funds along with other emerging markets after Donald Trump's victory in...

  • *Most Japanese firms see dollar beyond 125 yen as red line. President Donald Trump nor Japan Prime Minister Shinzo Abe want to see the yen weaken significantly, a Reuters poll showed, a development they worry could spark an unwelcome political backlash. Trump has complained that the dollar's strength is hurting trade relations with China.

  • *Japan Inc cautious about global outlook under Trump- analyst. TOKYO, Jan 23- Nearly two-thirds of Japanese companies do not plan to hike their workers' wages this year, a Reuters poll showed, a blow to Prime Minister Shinzo Abe's campaign for higher pay to spur a recovery and a way to end two decades of deflation. But Japan Inc has generally resisted Abe's plea.

  • CARACAS, Jan 22- Venezuelan President Nicolas Maduro on Sunday tapped a political ally and economist, Ricardo Sanguino, to be the new chief of the country's central bank, amid a deep economic contraction, runaway inflation and Soviet-style product shortages. "I want us to begin a new phase in the development of the Central Bank of Venezuela," Maduro said in his...

  • SEOUL, Jan 23- Samsung Electronics Co Ltd plans on Monday to reveal reasons behind the spontaneous combustion of its recalled Galaxy Note 7, as the world's biggest smartphone maker works to regain consumer trust before launching its next premium model. The announcement would come more than three months after Samsung scrapped the short-lived competitor of...

  • In a statement Sunday, it said the recall applies to eight different types of its craft beers, including its popular Sierra Nevada Pale Ale, purchased in 36 states across the Midwest, the South and East Coast of the United States. Aside from its Pale Ale, the Sierra Nevada recall includes 12- ounce bottles of its Beer Camp Golden IPA, Sidecar Orange Pale Ale, Torpedo...