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Wires

  • *Canadian dollar nears C $1.30, sterling $1.30. LONDON, June 29- The euro jetted past $1.14 to its highest in just under 14 months on Thursday, with attempts by European Central Bank sources to moderate the message taken from a speech by President Mario Draghi this week falling on deaf ears. By 0730 GMT, the euro was trading 0.4 percent stronger at $1.1425, having...

  • WASHINGTON— Senate Majority Leader Mitch McConnell is exploring options for salvaging the Republican health care bill. But he's confronting an expanding chorus of GOP critics. A day after McConnell, short of votes, unexpectedly abandoned plans to whisk the measure through his chamber this week, fresh GOP critics came forward.

  • BUCHAREST/ PRAGUE, June 29- Romanian stocks under-performed emerging European peers in early Thursday trading as the new government tabled an ambitious new tax plan including corporate tax changes before heading for a Parliament confidence vote it was widely expected to pass. Designated Prime Minister Mihai Tudose was picked as prime minister after...

  • GANZHOU, China— After a month behind bars, three Chinese investigators who went undercover at a factory that made Ivanka Trump shoes walked freely out of the local police station Wednesday. Political dissidents and other activists who are released in China typically face restrictions on what they can do and say— including comments to the media.

  • On a strategic basis, he sees South Korea, Taiwan and China offshore as the "highest conviction" bets in Asia. According to the Reuters poll, Asian stock market indexes expected to perform the best from now until the end of the year are those in India, China, South Korea, Japan and Australia. In terms of full calendar year gains, India is forecast to be in the lead, followed...

  • BERLIN— The Latest on the lead-up to the G-20 summit in Hamburg:. Germany's foreign minister says Turkish President Recep Tayyip Erdogan has asked permission to hold a rally to address Turks in Germany on the sidelines of the upcoming G-20 meeting in Hamburg, a request that could further inflame tensions between Berlin and Ankara. The dpa news agency reported...

  • COPENHAGEN, Denmark— Danish shipping giant A.P. Moller-Maersk, one of the global companies hardest hit by a malicious software that crippled computers around the globe, says "the majority" of its terminals are "now operational." However, the Copenhagen- based company said Thursday that some terminals are "operating slower than usual or with limited functionality.

  • *Initial phase was due to run to July 25. LONDON, June 29- Britain's biggest retailer Tesco and its takeover target Booker have asked the UK competition regulator to "fast track" examination of their 3.7 billion pound deal to a more detailed second stage, they said on Thursday. The initial investigation was due to run until July 25.

  • *reuters:// realtime/verb= Open/url= cpurl:// apps.cp./ cms/? June 29- Australian shares are expected to creep up over the remainder of the year and remain short of the 6,000- point mark, a Reuters poll found, as investors fret over an economy hobbled by massive household debt and stagnant wage growth. The federal government imposed a levy on Australia's five biggest...

  • "The weaker dollar benefited China's commodity-related stocks in an indirect way," said Chen Yong, analyst at Lianxun Securities. Receding fears of capital outflows from China added to relief that China's banking system does not appear to be suffering from a cash shortage at the end of the second quarter, as some had feared. Shares in China's coal miners were...

  • WASHINGTON— The Latest on the U.S. visit of South Korea's president:. South Korean companies say they plan to import more American shale gas and build new factories in the U.S. as the two countries' leaders prepare to hold summit talks in Washington. The Korea Chamber of Commerce and Industry said Thursday that major South Korean companies announced a slew of...

  • *reuters:// realtime/verb= Open/url= cpurl:// apps.cp./ cms/? June 29- Australian shares are expected to creep up over the remainder of the year and remain short of the 6,000- point mark, a Reuters poll found, as investors fret over an economy hobbled by massive household debt and stagnant wage growth. The federal government imposed a levy on Australia's five biggest...

  • LONDON, June 29- Britain's Financial Reporting Council said on Thursday it would investigate PricewaterhouseCoopers LLP's audits of BT Group for 2015 to 2017 after an accounting scandal in the telecoms company's Italian operations. BT in January lost one fifth of its market value after it uncovered a complex accounting scandal at its Italian business,...

  • LONDON, June 29- Germany's 10- year government bond yield hit a five-week high on Thursday, with investors unable to fully shake off jitters that the European Central Bank is getting ready to scale back its massive monetary stimulus programme in the months ahead. However, in a week during which Bank of England Governor Mark Carney has also raised the spectre of an...

  • TOKYO— Western Digital Corp. lashed back against its joint venture partner Toshiba on Thursday in a deepening feud over the Japanese company's plan to sell its computer memory business. In response to Toshiba's announcement a day earlier that it was suing Western Digital, seeking 120 billion yen in damages, Western Digital said Toshiba's complaints over its...

  • PARIS, June 29- Shares in French retailer Carrefour rose on Thursday after the company's Brazilian unit unveiled details for a possible $1.7 billion initial public offering in Sao Paulo. The stock was among the top performers on France's benchmark CAC-40, which was up by 0.3 percent, and it also slightly outperformed an 0.7 percent gain on the STOXX Europe 600...

  • "The fast ramp-up in shale drilling and the unexpectedly large rebound in Libya/ Nigeria production are on track to slow the 2017 stock draws," investment bank Goldman Sachs said. "This creates risks that the normalisation in inventories will not be achieved by the time the OPEC cut ends next March. We expect this will leave prices trading near $45 until there is...

  • The Korea Chamber of Commerce and Industry, South Korea's largest business association, said Thursday that major South Korean companies had proposed a slew of new investments ahead of President Moon Jae- in's meetings Friday with President Donald Trump. LG Electronics said it will put $250 million into building a new washing machine plant in Tennessee and...

  • TOKYO, June 29- Japanese government bonds edged down in thin activity on Thursday, as investors waited for the Bank of Japan to reveal details of its regular bond-purchasing operations for July. The central bank will disclose the details of its buying intentions in each zone for next month on Friday. The Ministry of Finance floated a plan on Wednesday to increase...

  • TOKYO, June 29- Share buy-backs by Japanese companies are sharply down from last year despite rising profits, suggesting that Japan Inc's commitment to raising shareholder returns could be waning. "At high stock price levels, some companies are refraining from buying back their own shares," said Makoto Sengoku, a market analyst at Tokai Tokyo Research Institute.