Wires

  • TOKYO, Aug 31- Japanese stocks rose on Wednesday to highs not seen in two weeks, led by exporters and financial stocks as the dollar stood tall against the yen and upbeat U.S. consumer confidence data lifted expectations of a near-term U.S. interest rate hike. The dollar, which was at around 100.500 yen at the start of the week, was little changed at 102.895 after...

  • SEOUL, Aug 31- South Korea's industrial output unexpectedly grew in July but the improvement was mainly due to temporary factors, spurring investors to hone in on trade data out on Thursday for further clues on the health of the economy. "We think the bounces in confidence and in IP growth are noise rather than signal and that IP growth remains essentially flat and...

  • *The most active soybean futures on the Chicago Board Of Trade fell 0.2 percent to $9.48-3/ 4 a bushel, having closed down 1.4 percent on Tuesday when prices hit $9.46-1/ 2 a bushel- the lowest since Aug. 2. *The U.S. Department of Agriculture late on Monday rated 73 percent of the U.S. soybean crop as good to excellent, up from 72 percent the previous week and the highest for...

  • TOKYO, Aug 31- Growth in Japan's industrial output ground to a halt in July after June's gains, underscoring the fragility of factory activity and the continuing challenge to policymakers grappling with a stalling economy. "July output data was a little weak and it suggested factory activity was stalling," said Hidenobu Tokuda, senior economist at Mizuho...

  • *Spot gold was little changed at $1,310.48 per ounce at 0104 GMT. The metal fell 1 percent to hit $1,308.65 on Tuesday, its lowest since June 28. *Fed Chair Janet Yellen said on Friday the case for higher rates was strengthening, though she gave little clarity on the timing of a move.

  • SINGAPORE, Aug 31- Crude oil futures fell in early trade on Wednesday as the U.S. dollar held around three-week highs and industry stocks data indicated a build in U.S. crude inventories. International Brent crude oil futures were trading at $48.27 per barrel at 0052 GMT, down 10 cents, or 0.2 percent, from their previous close. Concerns over refinery production...

  • MELBOURNE, Aug 31- London copper was set for a monthly drop in August, pushing it into negative territory for the year, while zinc, tin and lead eyed monthly advances. *London Metal Exchange copper had edged up 0.2 percent to $4,620 a tonne by 0047 GMT, after plumbing its weakest since June 24 at $4,600 a tonne on Tuesday due to mounting supply. *Shanghai Futures Exchange...

  • TOKYO, Aug 31- Asian shares eased on Wednesday following modest losses on Wall Street, but were still on track for a monthly rise as investors waited to see if upcoming job data could prod the Federal Reserve into raising interest rates as soon as September. MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.1 percent as traders awaited...

  • BRUSSELS/ DUBLIN, Aug 30- The European Commission ordered Apple Inc to pay Ireland unpaid taxes of up to 13 billion euros on Tuesday as it ruled the firm had received illegal state aid. Apple and Dublin said the U.S. company's tax treatment was in line with Irish and European Union law and they would appeal the ruling, which is part of a drive against what the EU says are...

  • TOKYO, Aug 31- The dollar hovered near a three-week high against a basket of currencies on Wednesday after upbeat U.S. data enhanced expectations of a near-term rate hike by the Federal Reserve. Comments on Friday by Fed Chair Janet Yellen had increased expectations the central bank could hike as early as September, and the markets will be awaiting more data to...

  • TOKYO, Aug 31- Growth in Japan's industrial output ground to a halt in July after June's gains, underscoring the fragility of factory activity- a continuing challenge to policymakers grappling with a stalling economy. The flat reading compared with economists' median estimate in a Reuters poll of a 0.8 percent increase, following a 2.3 percent increase in June,...

  • Aug 30- Retailer Gap Inc said on Tuesday that its distribution center in Fishkill, New York, had been hit by a serious fire. The clothing retailer owns a network of distribution centers in North America and England, including the affected facility, which spans over 8.6 million square feet, according to a regulatory filing. "The Fishkill distribution center is a...

  • Aug 30- SWIFT, the global financial messaging system, on Tuesday disclosed new hacking attacks on its member banks as it pressured them to comply with security procedures instituted after February's high-profile $81 million heist at Bangladesh Bank. The disclosure suggests that cyber thieves may have ramped up their efforts following the Bangladesh Bank...

  • Aug 31- For other diaries, please see: Top Economic Events Polling unit diary Today in Washington Political and general news. DATE TIME COUNTRY AMOUNT AUCTION DETAILS. 31 August Germany Auction of 30- year Federal Bond 31 August Norway Government bond auction.

  • PAUL, United States- Federal Reserve Bank of Minneapolis President Neel Kashkari participates in conversation on "The Role of the Fed and its Board of Directors," hosted by the Amherst H. Wilder Foundation- 1200 GMT. BEIJING- Federal Reserve Bank of Boston President Eric Rosengren participates in panel before the "Business Cycles, Financial Markets and Monetary...

  • PAUL, United States- Federal Reserve Bank of Minneapolis President Neel Kashkari participates in conversation on "The Role of the Fed and its Board of Directors," hosted by the Amherst H. Wilder Foundation- 1200 GMT. BEIJING- Federal Reserve Bank of Boston President Eric Rosengren participates in panel before the "Business Cycles, Financial Markets and Monetary...

  • SWIFT WARNS CUSTOMERS IT MAY REPORT THEM TO REGULATORS IF THEY DON'T INSTALL SECURITY UPDATES BY NOVEMBER DEADLINE.

  • SWIFT DISCLOSES MORE ATTACKS ON BANKS BY HACKERS SEEKING TO SEND FRAUDULENT MONEY-TRANSFER REQUESTS.

  • Aug 30- Joe Sutter, known for leading Boeing Co's engineering team for the iconic 747 jumbo jet in the mid-1960s, died on Tuesday at the age of 95.. In addition to the 747, Sutter worked on projects including the 737 and 707 aircraft models, Boeing Commercial Airplanes chief executive officer Ray Conner said in a message to employees. Sutter and his team became known...

  • TOKYO, Aug 31- Japanese industrial output was flat in July from the previous month, underscoring fragility in factory activity, government data showed on Wednesday. The result compared with economists' median estimate of a 0.8 percent increase in a Reuters poll, following a 2.3 percent increase in June. Manufacturers surveyed by the Ministry of Economy, Trade...