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  • *Brent crude dipped below $50 but has since recovered. *China's fuel exports near record, imports slump. SINGAPORE, March 23- Oil prices recovered on Thursday from losses chalked up the session before, but the market remained under pressure as bloated U.S. crude inventories and rising output dampen OPEC- led efforts to curb global production.

  • *Taiwan faces challenges from U.S., China- cbank chief. TAIPEI, March 23- Taiwan announced a T $882.4 billion stimulus package on Thursday to boost its export-driven economy in the face of uncertainty from its two largest trading partners, the United States and China. In a bid to make the economy more balanced, Taiwan's government is looking for domestic growth...

  • BEIJING, March 23- China's General Administration of Customs published the revised trade data for February on Thursday:. *China February dollar-denominated exports fell 1.3 percent versus a year ago, unchanged from preliminary trade data. *China reported a trade deficit of $9.15 billion in February, unchanged from preliminary trade data.

  • BEIJING, March 23- The China-backed Asian Infrastructure Investment Bank said on Thursday it has approved 13 new applicants to join the bank, including Canada, a major ally of the United States, bringing its total membership to 70.. The approved applicants include eight non-Asian countries- Canada, Belgium, Ethiopia, Hungary, Ireland, Peru, Republic of Sudan and...

  • SHANGHAI, March 23- China stocks rebounded on Thursday morning as hopes resurfaced for index compiler MSCI to include A-shares this year, but gains were capped with more mainland money flowing into Hong Kong through trading links. Hong Kong stocks joined an Asia- wide rise inspired by a firmer Wall Street. Cao cautioned that China stocks would be subdued in the...

  • *Dollar/yen limps up after posting 7 straight days of losses. *Wariness towards Trump's struggle with Obamacare limits gains. TOKYO, March 23- The dollar edged up from four-month lows against the yen on Thursday, but gains were capped by U.S.

  • CANBERRA, Australia— China's premier on Thursday warned against protectionism, saying his country planned to close its $50 billion a year deficit with Australia by expanding the trading relationship rather than retreating from it. China "cannot close our doors" to solve its trade imbalance with Australia, which last year left the Chinese with a $50 billion...

  • *State banks prepare 2.9 trillion won bailout plan for Daewoo. SEOUL, March 23- South Korean state banks are preparing a fresh $2.6 billion bailout for floundering Daewoo Shipbuilding& Marine Engineering Co Ltd- a group that has built up huge losses from offshore projects and risks missing debt repayments this year. Without the infusion of funds, Daewoo is not...

  • WASHINGTON— Middle-age white Americans with limited education are increasingly dying younger, on average, than other middle-age U.S. adults, a trend driven by their dwindling economic opportunities, research by two Princeton University economists has found. The economists, Anne Case and Angus Deaton, argue in a paper released Thursday that the loss of steady...

  • WASHINGTON, March 23- The Federal Reserve has begun preparing the public and markets for higher inflation, but has left unanswered the question of how high inflation might go and for how long? A new research paper from economists at the Fed's Washington- based Board of Governors suggests that policymakers should allow prices to rise by around 3.0 percent...

  • March 23- For other diaries, please see: Top Economic Events Polling unit diary Today in Washington Political and general news. DATE COUNTRY AUCTION DETAILS 22- Mar United Kingdom Auction of 1 1/ 2% Treasury Gilt 2047 23- Mar Japan 3- month discount bill auction 27- Mar United States Sale of 2- year notes 28- Mar United States Sale of 5- year notes 28- Mar United...

  • March 23- For other diaries, please see: Top Economic Events Polling unit diary Today in Washington Political and general news. DATE COUNTRY AUCTION DETAILS 22- Mar United Kingdom Auction of 1 1/ 2% Treasury Gilt 2047 23- Mar Japan 3- month discount bill auction 27- Mar United States Sale of 2- year notes 28- Mar United States Sale of 5- year notes 28- Mar United...

  • HONG KONG, March 23- China's yuan fell against the U.S. dollar on Thursday, even as the central bank set a firmer midpoint, after the global dollar index rebounded from 1-1/ 2- month lows. The People's Bank of China set the midpoint rate at 6.8856 per dollar prior to market open, firmer than the previous fix 6.8889. Federal Reserve raised interest rates last week, the...

  • *Asia higher but markets edgy about U.S. growth prospects. SINGAPORE, March 23- Asian stocks, taking some cues from a steady Wall Street, edged up on Thursday while the path for the dollar, which crawled up from a four-month low, remained clouded by concerns about the prospects for U.S. MSCI's broadest index of Asia-Pacific shares outside Japan advanced 0.2 percent.

  • With a vote on the bill possible as soon as Thursday, members of the House Freedom Caucus, a conservative Republican faction, said they had been negotiating alterations to the plan with the White House. "I can tell you that we're making great progress," Mark Meadows, chairman of the hardline conservative House Freedom Caucus, told reporters. Trump was to meet at the...

  • TAIPEI, March 23- Taiwan said on Thursday it is planning a stimulus package of T $882.4 biillion over eight years to boost the island's export-driven economy. The package, which is subject to legislative approval, is expected to have limited impact on the economic growth, Premier Lin Chuan told reporters in a briefing. In a bid to rebalance the trade-reliant...

  • BEIJING, March 23- Sugar imports by China, the world's top buyer of the sweetener, jumped 70.3 percent in February from the year before to 180,000 tonnes, customs data showed on Thursday. "The margins in November and December were really good," said a China- based trader. China will extend until May 22 the months-long probe launched last year, the government said this...

  • BEIJING, March 23- China's gasoline exports in February climbed to their second-highest monthly level on record as refiners increasingly turn to exports to Asian markets to drain a domestic supply glut that almost wiped out imports altogether. Strong exports of refined fuel products reflected persistence excess in the domestic market as China's refiners...

  • FRANCE'S MACRON PROJECTED TO WIN 26 PCT OF VOTES IN FIRST ROUND OF PRESIDENTIAL ELECTION, LE PEN 25 PCT- HARRIS POLL.

  • PARIS, March 23- Centrist Emmanuel Macron is projected to come out on top in the first round of France's presidential election next month ahead of far-right leader Marine Le Pen before going on to win in a runoff, a Harris Interactive poll showed on Thursday. Macron was seen winning 26 percent of the vote in the April 23 first round followed by Le Pen on 25 percent,...