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  • *Spot gold may gain further to $1,272 per ounce- technicals. May 23- Gold was steady on Tuesday with investors staying on the sidelines following an explosion in the English city of Manchester that left at least 19 people dead and over 50 injured. "Right now, precious metals prices are relatively quiet, this despite tragic news coming out of Manchester, England," said...

  • BEIJING, May 23- Heavy rains this week have brought relief to parched fields in China's major grain producing regions, breaking a months-long dry spell that had slowed corn planting and hit winter wheat crops. In the region's Liaoning province, the planted area for all crops was down by nearly 1,000 hectares from the same period last year, state media Xinhua news...

  • Joe to My Little Pony, toy maker Hasbro says it's holding the first-ever convention to bring all of its brands together. The Pawtucket, Rhode Island- based company says its HASCON family and fan event will be held in Providence in September. Among those scheduled to participate are 94- year-old Spider-Man co-creator Stan Lee, YouTube stars Dude Perfect, actors...

  • NEW YORK, May 23- London- based startup TransferWise has launched a new service in the UK and Europe that will make it easier for small businesses to keep money and get paid in more than 15 currencies, as the company branches beyond its core money transfer business. Similar to having a bank account in multiple countries, the new service will allow small businesses to...

  • *Asia stocks steady after strong Monday gains, Wall Street rise. SINGAPORE, May 23- Sterling extended losses on Tuesday after a suspected terrorist attack killed at least 19 people and wounded 50 at a pop concert in the English city of Manchester, while the euro held gains made after German Chancellor Angela Merkel said the currency was "too weak."

  • *Wheat faces pressure on USDA's winter crop ratings. SINGAPORE, May 23- Chicago corn futures ticked lower on Tuesday as the market took a breather after climbing to a three-week high in the last session on concerns over wet weather delaying U.S. planting. "The USDA's survey of winter wheat crop conditions recorded no deterioration despite poor weather in these...

  • SEOUL, May 23- South Korea's former leader Park Geun-hye abused her power and pressured companies to pay her tens of millions of dollars in bribes, a prosecutor told a Seoul court at the start of her corruption trial on Tuesday. If found guilty of taking bribes from business leaders including Samsung Group scion Jay Y. Lee, one of the key accusations that led to her...

  • *Airline sector worst performer after Manchester blast sours mood. TOKYO, May 23- Japanese stocks were flat on Tuesday morning as a risk-averse mood kept investors sidelined following an explosion in the English city of Manchester, which lifted the safe-haven yen and depressed some export-oriented shares. Airline shares was the worst performer on the board,...

  • BEIJING, May 23- China's imports of liquified natural gas rose 15.6 percent from a year earlier to 2.17 million tonnes, posting the first year on year gain in four months, customs figures showed.

  • BEIJING, May 23- China's April diesel exports fell 1.1 percent from a year earlier to 1.23 million tonnes, while gasoline exports rose 28.7 percent to 910,000 tonnes, data from the General Administration of Customs showed. China's gasoline and diesel output fell in April to its lowest since September, official data showed last week. China's imports of liquefied...

  • *China revised April dollar-denominated exports +8.0 percent y/y (prelim +8.0 percent y/y). *China revised April dollar-denominated imports +11.9 percent y/y (prelim +11.9 percent y/y). *China revised April trade balance$ +38.03 billion (prelim.

  • BEIJING, May 23- China imported 190,000 tonnes of sugar in April, down 14.1 percent from the same month last year, customs data showed on Tuesday. Imports in the first four months of the year rose to 1.09 million tonnes, up 30.9 percent from the same period a year ago, boosted by low global prices. Beijing said on Monday that its probe had found rising sugar imports...

  • *Pound dips vs yen after Manchester blast, steady vs dollar. TOKYO, May 23- The pound slipped against the yen after a suspected terrorist attack at a concert in Britain's city of Manchester, while the euro hovered near a six-month high against the dollar on Tuesday after German Chancellor Angela Merkel said the currency was "too weak." Police said an explosion at the...

  • *Move would undermine OPEC- led effort to tighten markets. President Donald Trump proposed the sale of half the country's strategic oil reserves in his budget plan, just as producer club OPEC and its allies are cutting output to tighten the market. The White House plan would gradually sell off half of the nation's emergency oil stockpile to raise $16.5 billion...

  • TOKYO— Sony's leader promised a comeback for the Japanese electronics and entertainment company having its best profitability in two decades. "We are a company that moves people," said Chief Executive Kazuo Hirai, as he outlined the strategy for the company at its Tokyo headquarters Tuesday. He stressed the profitability in sprawling Sony Corp., including its...

  • BEIJING, May 23- China's April diesel exports fell 1.1 percent from a year earlier to 1.23 million tonnes, while gasoline exports rose 28.7 percent to 910,000 tonnes, data from the General Administration of Customs showed.

  • SAN FRANCISCO, May 22- Cyber security firm Symantec Corp said on Monday it was "highly likely" a hacking group affiliated with North Korea was behind the WannaCry cyber attack this month that infected more than 300,000 computers worldwide and disrupted hospitals, banks and schools across the globe. Symantec researchers said they had found multiple instances...

  • *Asia stocks steady after strong Monday gains, Wall Street rise. SINGAPORE, May 23- Sterling extended losses on Tuesday after a suspected terrorist attack killed at least 19 people and wounded 50 at a pop concert in Manchester, while the euro held gains made after German Chancellor Angela Merkel said the currency was "too weak." If the attack on the concert by U.S....

  • *Move would undermine OPEC- led effort to tighten markets. President Donald Trump proposed the sale of of half of the country's strategic oil reserves in his budget plan, just as producer club OPEC and its allies are cut back output to tighten the market. After rising in Asian morning trading, Brent crude futures reversed their gains and were at $53.71 per barrel at...

  • MELBOURNE, May 23- London copper held near its highest in three weeks on Tuesday as the dollar fell, with focus shifting to an upcoming monthly breakdown of China trade data. *London Metal Exchange copper was flat at $5,706 a tonne at 0135 GMT, after a slightly firmer close in the previous session when it touched the highest since May 3 at $5,720 a tonne.