Wires

  • *European businesses oppose special deal for Britain. *UK says firms need access to London financial services. Britain wants a trade deal that gives London's financial district, known as the City, access to EU clients while allowing the government to restrict migration from the bloc- something at odds with the basic rules of the European Union.

  • *Algeria seeks new financing sources after oil drop. ALGIERS, Sept 25- Algeria plans to allow its dominant state banks to list on the local stock exchange to help develop its financial markets and diversify sources of funding after the oil price slide, a senior financial official said. But the oil price drop since 2014 has put Algeria under financial pressure,...

  • *Algeria seeks new financing sources after oil drop. ALGIERS, Sept 25- Algeria plans to allow its dominant state banks to list on the local stock exchange to help develop its financial markets and diversify sources of funding after the oil price slide, a senior financial official said. But the oil price drop since 2014 has put Algeria under financial pressure,...

  • OSAKA, Sept 26- Bank of Japan Governor Haruhiko Kuroda said on Monday the central bank stood ready to use every possible policy tool to achieve its 2 percent inflation target. "There is no better opportunity than now to completely get out of deflation. Talking about the limits of monetary policy does not help at all, "Kuroda said in a speech to business leaders in...

  • DALLAS— Still recovering from the July sniper attack that left five law enforcement officers dead, the Dallas Police Department is facing a new crisis as its pension fund approaches insolvency and scores of officers, including Chief David Brown, announce unexpected retirements. The crisis comes as the Dallas Police Department negotiates with City Hall to...

  • LAUNCESTON, Australia, Sept 26- It appears that China is interpreting the "people's well-being" as meaning North Korea should be able to export record amounts of coal in defiance of sanctions against the rogue nuclear-armed state. China imported 2.465 million tonnes of coal from North Korea in August, the highest on record, and 61 percent above what was bought in...

  • CANNON BALL, N.D./ WASHINGTON, Sept 26- Three days after guard dogs attacked Native Americans protesting an oil pipeline project in North Dakota in early September, an unprecedented event took place at the White House. Brian Cladoosby, president of the National Congress of American Indians, which represents more than 500 tribes, spoke to nearly a dozen of...

  • SHANGHAI, Sept 26- China's yuan weakened slightly on Monday as banks squared their books ahead of a long national holiday and the end of the quarter. The People's Bank of China set the midpoint rate at 6.6744 per dollar prior to the market open, weaker than the previous fix of 6.667. Traders said state-owned banks want to stabilize the currency ahead of Oct. 1, which...

  • BANGKOK, Sept 26- Thailand is studying plans to toughen tax collection rules for internet and technology firms like Alphabet Inc's Google, the head of the Revenue Department told Reuters, as these companies' tax affairs come under greater scrutiny in Southeast Asia. The plans would also cover the mobile transfers and internet payment sector, said Prasong...

  • BEIJING— A South Korean newspaper reports Chinese authorities are investigating a North Korean bank suspected of financing its government's imports of goods that might be used by its nuclear weapons program. Beijing has been applying more pressure on its neighbor to stop nuclear weapons development in violation of international sanctions.

  • *China property shares fall after Nanjing home purchase curbs. SHANGHAI, Sept 26- China and Hong Kong stocks started the week on a bearish note, tracking Asian markets lower on Monday morning, as their recent rally showed signs of fatigue. "There is still some room for further rallies, despite the indices showing a few signs of fatigue," Christian Nolting, Global Chief...

  • Spot gold was down 0.3 percent to $1,332.88 an ounce U.S. gold futures fell 0.3 percent to $1,337.60 an ounce. The U.S. presidential debate between Republican Donald Trump and Democrat Hillary Clinton will take place at 0100 GMT on Tuesday, with investors looking for indications of who could win the race to lead the world's biggest economy.

  • *Chicago soybeans edge up after 2.2- pct fall on Friday. SINGAPORE, Sept 26- Chicago soybean prices edged up on Monday, recovering from their lowest in more than a week hit earlier in the session on forecasts of dry weather that is expected to help harvesting of a record U.S. crop. Chicago Board of Trade's most-active soybean contract had risen 0.3 percent to $9.58-1/...

  • BANGKOK, Sept 26- Thailand is studying plans for tougher tax collection rules governing internet and technology firms, according to the head of the country's Revenue Department. The plans would also cover the mobile transfers and internet payment sector, Prasong Poontaneat, director general of Thailand's Revenue Department, told Reuters.

  • TAIPEI, Sept 26- Taiwan stocks fell on Monday as investors booked profits following caution in overseas markets and ahead of a rate decision meeting later this week. Investors are awaiting Monday evening's U.S. presidential debate between Donald Trump and Hillary Clinton, which will take place early on Tuesday in Asian time zones. The Taiwan dollar softened T...

  • * "We won't come out of meeting empty-handed"- Algeria minister. SINGAPORE, Sept 26- Crude prices rebounded on Monday after Algeria's energy minister said the day before that all options were possible for an oil output cut or freeze at this week's informal meeting of OPEC producers. Members of the Organization of the Petroleum Exporting Countries will meet on the...

  • TOKYO, Sept 26- The dollar wobbled against the yen and euro on Monday, cautiously held in a narrow range ahead of the impending first debate between U.S. presidential candidates that could determine the currency's near-term direction. The dollar was down 0.1 percent at 100.860 yen. The market awaited the debate between Democrat Hillary Clinton and Republican...

  • TOKYO, Sept 26- The dollar wobbled against the yen and euro on early on Monday, cautiously held in a narrow range ahead of the impending first debate between U.S. presidential candidates that could determine the currency's near-term direction. The dollar was down 0.2 percent at 100.800 yen. The market awaited the debate between Democrat Hillary Clinton and...

  • SINGAPORE, Sept 26- London nickel prices eased on Monday, taking a breather after climbing for the last five sessions to a six-week high on concerns over the possibility of more mine suspensions in the Philippines. The country accounts for more than 90 percent of China's nickel ore imports. Data on Thursday showed China's nickel ore imports in August climbed to a...

  • TOKYO, Sept 26- Japan's Nikkei share average dropped on Monday morning, with sentiment soured by a strong yen and weakness on Wall Street, while investors turned their focus to the U.S. presidential debate. Anything triggering fears for a strong yen trend is negative to stocks, "said Takuya Takahashi, a strategist at Daiwa Securities. Takahashi also noted that the...