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  • BEIJING, April 27- China's Commerce Ministry said on Thursday that the U.S. Department of Commerce had mishandled a probe into Chinese plywood subsidies.

  • *China robo advice assets forecast at $27.1 bln end-2017. Robo advice services barely existed in China before 2015, but they are expected to manage $27.1 billion of assets at the end of 2017, though that remains small relative to the $182 billion figure for the United States, where services launched several years earlier, according to market research firm...

  • NEW YORK/ SAN FRANCISCO, April 26- Even if President Donald Trump wins an appeal of a court ruling blocking his executive order on sanctuary cities, arguments made by the government in the case could permanently harm its efforts to cut off federal funding to targeted cities, some legal experts say. "Disavowing the plain language of the executive order itself" was a...

  • MELBOURNE, April 27- London copper drifted on Thursday as markets were underwhelmed by the Trump administration's proposed tax cuts and as focus shifted to China manufacturing, where growth is expected to slow in April. SHANGHAI: Shanghai Futures Exchange copper traded flat at 46,250 yuan a tonne. CHINA MANUFACTURING: The pace of expansion in China's...

  • SEOUL, April 27- South Korea on Thursday raised its export outlook for 2017, citing a pick-up in shipments of semiconductors, organic light emitting diode display panels and cosmetics. The Ministry of Trade, Industry and Energy now sees exports growing between 6 percent and 7 percent this year, far stronger than an earlier estimate of 2.9 percent.

  • WASHINGTON, April 26- The U.S. Commerce Department launched an investigation on Wednesday to determine whether a flood of aluminum imports from China and elsewhere was compromising U.S. national security, a step that could lead to broad import restrictions on the metal. Commerce Secretary Wilbur Ross said the investigation was similar to one announced last...

  • BEIJING, April 27- Profits earned by China's industrial firms rose 23.8 percent in March from a year earlier, slowing from previous months, the statistics bureau said on Thursday. Profits in March rose to 688.7 billion yuan, the National Bureau of Statistics said on its website. A construction boom in China has helped spur sales and prices of building materials,...

  • SYDNEY, April 27- Australian national carrier Qantas Airways Ltd on Thursday said it would axe its Melbourne- Dubai- London flights operated in partnership with Emirates and switch the capacity to Asia when it launches non-stop Perth- London flights next year. Qantas Chief Executive Alan Joyce has said his airline could be operating non-stop flights from...

  • West Texas Intermediate crude oil futures were trading at $49.34 per barrel at 0137 GMT, down 28 cents, or 0.56 percent from their last close. Traders said that the falls in recent weeks were a result of a realisation that global oil markets remained oversupplied, despite efforts led by the Organization of the Petroleum Exporting Countries and Russia to cut...

  • West Texas Intermediate crude oil futures were trading at $49.34 per barrel at 0137 GMT, down 28 cents, or 0.56 percent from their last close. Traders said that the falls in recent weeks were a result of a realization that global oil markets remained oversupplied, despite efforts led by the Organization of the Petroleum Exporting Countries and Russia to cut...

  • April 27- Samsung Electronics Co Ltd:. *says Q2 smartphone, tablet sales volume to be similar to that in Q1. *says early Galaxy S8 sales have been positive Further company coverage:.

  • April 27- Gold on Thursday edged away from two-week lows hit in the previous session on scepticism over President Trump's proposed U.S. tax reform, with markets awaiting central bank meetings in Europe and Japan. *Spot gold was down 0.1 percent at $1,266.80 per ounce, as of 0115 GMT. *Asian shares ticked down from a near two-year high on Thursday after a long-awaited...

  • WASHINGTON, April 26- An adviser to Puerto Rico Governor Ricardo Rossello said on Wednesday the distressed U.S. territory would not necessarily file for bankruptcy if it failed to reach a debt restructuring deal with creditors before Monday's negotiating deadline. "It depends on legal actions, if go after our officials, Elias Sanchez, Rossellos liaison to...

  • TOKYO, April 27- Asian shares ticked down from a near two-year high on Thursday after a long-awaited U.S. tax plan failed to inspire investors, though sentiment remains supported by global growth prospects and receding worries about political risks in Europe. MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.1 percent after hitting its...

  • SHANGHAI, April 27- China set its official yuan midpoint at 6.8896 per dollar prior to the market open on Thursday, its weakest since April 12.

  • SYDNEY, April 27- U.S. corn edged lower on Thursday, extending two sessions of declines to nearly 1.5 percent, on concerns over exports to Mexico should the United States withdraw from the North American Free Trade Agreement. *The most active corn futures on the Chicago Board Of Trade fell 0.1 percent to $3.66-1/ 2 a bushel, having closed down 1.3 percent in the...

  • MELBOURNE, April 27- Australia's conservative government unveiled a radical plan on Thursday to restrict exports of liquefied natural gas at times when domestic shortages push up local prices, aiming to ease soaring energy costs for local manufacturers. Australia is the world's second-largest LNG exporter after Qatar, but local gas prices have rocketed...

  • April 26- U.S. businesses would reap a windfall if President Donald Trump's plan to cut corporate tax rates and slash taxes on cash parked overseas becomes law, but it was unclear whether they would stimulate a surge in investment and job creation in return. Tax rates would fall below those of neighboring Mexico and Canada, which Trump has accused of...

  • The Mexican Automotive Bulletproofing Association issued a statement Wednesday saying it wants to take advantage of returning migrants' "experience and knowledge of the automotive industry." A rebound in violent crime has boosted such industries in Mexico, but has hurt other areas of the economy. While Mexico has feared mass removal of its citizens from the...

  • TOKYO, April 27- The dollar clung to gains against the yen on Thursday after U.S. President Donald Trump's tax plan offered no fresh surprises, halting the greenback's rally, while the market awaited the European Central Bank's upcoming monetary policy decision. The Canadian dollar and Mexican peso also lost steam on reports the United States is considering...