Wires

  • WASHINGTON— Red, white and blue balloons rained down over crystal chandeliers in the soaring atrium of the Trump International Hotel at midnight in "a new inaugural tradition," its social media account promised. But while President Donald Trump's hotel in Washington did serve as a hub of Friday's inaugural activities, it also stands as ground zero for what top...

  • Marco Rubio of Florida as a Senate committee is poised to vote on President Donald Trump's nominee to be secretary of state. The nomination of Rex Tillerson got a boost on Sunday after two influential Republican senators— John McCain of Arizona and Lindsey Graham of South Carolina— offered tepid endorsements of the former Exxon Mobil chief.

  • Jan 23- Hong Kong stocks closed marginally higher on Monday, thanks to support from a solid resource sector. Leung said investors were cautious as they watched for moves by President Donald Trump that would affect trade ties between the United States and China. "We are all waiting for Trump's arrangement for China- related trade as he just took office," Leung said.

  • BEIJING— A Chinese technology regulator has announced a 14- month campaign to root out services that allow people in the country to circumvent the government's internet censorship. The Ministry of Industry and Information Technology says it forbids the use of virtual private networks or leased lines that allow users and businesses to access blocked...

  • *BOJ expected to stand pat at Jan 30-31 rate review. TOKYO, Jan 23- Japan's government has kept unchanged the overall assessment of the economy made last month- that it is recovering gradually though pockets of weakness remain. Consumers' mindsets are improving and exports to Asia are recovering, the report said, using the same expressions as last month.

  • *BOJ expected to stand pat at Jan 30-31 rate review. TOKYO, Jan 23- Japan's government has kept unchanged the overall assessment of the economy made last month- that it is recovering gradually though pockets of weakness remain. Consumers' mindsets are improving and exports to Asia are recovering, the report said, using the same expressions as last month.

  • TOKYO, Jan 23- JX Nippon Oil& Energy Corp said its venture with Malaysian state oil firm Petronas has started commercial operations at the ninth liquefaction train at the Petronas LNG complex in Bintulu, Sarawak. LNG exporters are sending tankers to Asia to fill a gap in the region's demand as markets have tightened more-than-expected on surging consumption in...

  • OPEC, other producers cut output to support prices. SINGAPORE, Jan 23- U.S. oil ticked lower on Monday, falling for the first time in three sessions as prospects of rising U.S. production weighed on the market. West Texas Intermediate crude futures was down 7 cents to $53.15 a barrel by 0748 GMT.

  • *Japan asks for talks with India on steel duties, import price. TOKYO, Jan 23- Japan is threatening to take India to the WTO over restrictions that nearly halved its steel exports to the South Asian nation over the past year, a step that could trigger more trade spats as global tensions over steel and other commodities run high. India imposed duties of up to 20 percent...

  • ZURICH, Jan 23- Actelion's Opsumit drug missed a primary endpoint in a late-stage study of patients with pulmonary arterial hypertension due to Eisenmenger Syndrome, a doctor involved in the trial said in a statement from the Swiss drugmaker. Actelion has been doing the Phase III trial amid its push to expand the clinical use of Opsumit-- its follow-on medicine...

  • SHANGHAI, Jan 23- China's main share index ended at a two-week high on Monday, but pared some of its earlier gains in thin turnover as investors were reluctant to stake out fresh positions ahead of the country's biggest holiday. The People's Bank of China said on Friday it would provide temporary liquidity support for 28 days to several major banks to address...

  • LONDON/ FRANKFURT Jan 20- U.S. banks Morgan Stanley and Citigroup have identified many of the roles that will need to be moved from Britain following its exit from the European Union, sources involved in the processes told Reuters. Morgan Stanley, which bases the bulk of its European staff in Britain, will have to move up to 1,000 jobs in sales and trading, risk...

  • NEW DELHI— The end is coming, though admittedly it may not look that way at 10 a.m. on a Tuesday morning, when dozens of young Indians have arrived for morning classes at Anand Type, Shorthand and Keypunch College, and every battered Remington is clattering away. Looking around the cramped classrooms, you might think that the typewriter still has a future in India.

  • *TPP member Japan, Australian shares down; Asia up. Japan's Nikkei dropped 1.1 percent while shares in Australia dropped 0.8 percent after the Trump administration, on its first day in office, declared its intention to withdraw from the Trans-Pacific Partnership, a 12- nation trade pact that Japan and Australia also have signed up for. European shares were...

  • Japan threatens India with WTO on steel as Trump era heralds rising trade tensions.

  • PARIS, Jan 23- European Central Bank Executive Board member Benoit Coeure said on Monday that economic protectionism was a bad idea, as he commented on new U.S. "Protectionism, at this current moment, is clearly a bad idea," Coeure told France's Radio Classique, while adding it was too early to comment more specifically because the newly inaugurated U.S. head of state...

  • PARIS, Jan 23- European Central Bank Executive Board member Benoit Coeure said on Monday that economic protectionism was a bad idea, as he commented on new U.S. "Protectionism, at this current moment, is clearly a bad idea," Coeure told France's Radio Classique, while adding it was too early to comment more specifically because the newly inaugurated U.S. head of state...

  • *Spot gold hits best since Nov. 22. Spot gold was up 0.64 percent at $1,217.26 per ounce highest since Nov. 22. Donald Trump, who took power as the 45th president of the United States on Friday, pledged to end the "American carnage" of social and economic woes in an inaugural address that was a populist and nationalist rallying cry, prompting investor concern about...

  • *Several foreign brands have pulled out of Turkey. ISTANBUL, Jan 22- Turkish businessman Tekin Acar had contracts to open branches of his leading cosmetics chain in ten new shopping malls this year. Foreign brands in Turkey are also suffering.

  • BEIJING, Jan 23- China's liquefied natural gas imports hit a record high in December, customs data showed on Monday, driven up as the country pushes towards cleaner fuels. Trade flow data on Thomson Reuters Eikon shows that Australia and Qatar exported the most LNG to China in December. For the whole of 2016, China's LNG imports rose 32.8 percent to 26.06 million...