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Wires

  • *OPEC looks set to extend output cuts through 2017. SINGAPORE, April 24- Oil prices recovered some ground on Monday following last week's big losses, driven by expectations that OPEC will extend a pledge to cut output to cover all of 2017, although a relentless rise in U.S. drilling capped gains. "WTI oil slipped back below the $50 per barrel level, amid concerns that...

  • *OPEC looks set to extend output cuts through 2017. SINGAPORE, April 24- Oil prices recovered some ground on Monday following last week's big losses, driven by expectations that OPEC will extend a pledge to cut output to cover all of 2017, although a relentless rise in U.S. drilling capped gains. "WTI oil slipped back below the $50 per barrel level, amid concerns that...

  • PYONGYANG, North Korea— No modern airport terminal is complete without an ATM, and Pyongyang's now has two. ATMs are an alien enough concept in North Korea that those in the capital's shiny new Sunan International Airport have a video screen near the top showing how they work and how to set up an account to use them. Years ago, the Ryugyong Commercial Bank installed...

  • *Partial results put Macron and Le Pen ahead. *Defeated main rivals urge their supporters to stop Le Pen. *New surveys suggest Macron will easily beat Le Pen.

  • *Euro jumps as high as $1.0940 in Asia, yen slips broadly. MSCI's broadest index of Asia-Pacific shares outside Japan tacked on 0.3 percent, while Japan's Nikkei jumped 1.4 percent as the yen retreated. The outcome lessens the risk of an anti-establishment shock on the scale of Britain's vote to quit the European Union with Macron widely tipped to win the final...

  • The young independent centrist's qualification on Sunday for the runoff of France's presidential election in two weeks' time will certainly bring a sigh of relief in European capitals and financial markets; opinion polls suggest he will beat his far-right rival Marine Le Pen with ease. But to have a real chance of implementing the reform of France's economy...

  • 1/ 8 POLL/ DI ARY 3/ 8. Politica l and general news 1/ 8 POL/ DIA RY 3/ 8. 1- May Japan 3- month discount bill auction 2- May Belgium Auction of Treasury bills 2- May Netherlands DTC auction 3- May Sweden Auction of government bonds 3- May Germany Auction of 10- year Federal bonds 4- May United Kingdom Auction of 1 3/ 4% Treasury Gilt 2037 4- May Spain Bond auction 8- May France...

  • 1/ 8 POLL/ DI ARY 3/ 8. Politica l and general news 1/ 8 POL/ DIA RY 3/ 8. 1- May Japan 3- month discount bill auction 2- May Belgium Auction of Treasury bills 2- May Netherlands DTC auction 3- May Sweden Auction of government bonds 3- May Germany Auction of 10- year Federal bonds 4- May United Kingdom Auction of 1 3/ 4% Treasury Gilt 2037 4- May Spain Bond auction 8- May France...

  • LOS ANGELES, California- Federal Reserve Bank of Minneapolis President Neel Kashkari participates in a question-and-answer session at " Opportunity and Inclusive Growth Institute, TBTF"- 1530 GMT. **BRUSSELS- European Central Bank board member Daniele Nouy participates at the ECON Committee Public Hearing in Brussels 0830 GMT. LUXEMBOURG- EU General Affairs...

  • **BRUSSELS- European Central Bank board member Daniele Nouy participates at the ECON Committee Public Hearing in Brussels 0830 GMT. LUXEMBOURG- EU General Affairs Council meeting 0800 GMT. WEDNESDAY, APRIL 26 FRANKFURT- "Frankfurt Finance Summit 2017." STOCKHOLM- Meeting of the executive board of the Riksbank- 0800 GMT.

  • *Rebates, huge surplus fueling China's steel exports. President Donald Trump's first shot across China's bow over its steel exports, escalating a years-long brawl over trade between the world's top two economies, may not pull up Beijing. Speaking in the U.S. capitol at IMF and World Bank meetings after Trump launched a trade probe against China and other...

  • *Euro trades as high as $1.0940 in early Asian trade. The euro surged 0.9 percent to $1.0868 after earlier rising as high as $1.0940, its highest since Nov. 10. "We saw the big moves in the early trading hours when liquidity was thin, so we might not see anything dramatic for the rest of the Asian session," said Mitsuo Imaizumi, Tokyo- based chief foreign-exchange...

  • NEW YORK, April 23- U.S. stock index futures rose sharply on Sunday on relief that centrist Emmanuel Macron took the first round of voting in the French presidential election, reducing the prospect of an anti-establishment market shock. Macron will face far-right leader Marine Le Pen in a May 7 runoff and opinion polls on Sunday had him easily winning the final...

  • PARIS, April 23- Flag-waving supporters cheered French centrist Emmanuel Macron and far-right leader Marine Le Pen's accession to the second round of France's presidential elections on Sunday night as downcast supporters of France's two main traditional parties quietly slipped out of their near-empty headquarters. In a packed Porte de Versailles...

  • PARIS, April 23- Flag-waving supporters cheered French centrist Emmanuel Macron and far-right leader Marine Le Pen's accession to the second round of France's presidential elections on Sunday night as downcast supporters of France's two main traditional parties quietly slipped out of their near-empty headquarters. In a packed Porte de Versailles...

  • LONDON— Britain has reclaimed its place as one of the top five countries that firms look to make deals in, just six months after dropping off the list in the wake of the country's surprise to leave the European Union, according to a survey released Monday. In its half-yearly report of business executives, consulting firm EY said Britain has rebounded to be the third...

  • *Tens of billions of dollars pour into China's " Silk Road". SHANGHAI/ BEIJING, April 24- Global security companies and their smaller Chinese rivals are jostling for business along Beijing's modern-day " Silk Road," the grandiose plan for land and sea routes connecting the world's second largest economy with the rest of Asia and beyond. It won't be easy, however, with...

  • LONDON, April 21- Is aluminium the new steel for China's policy-makers? Threats to close capacity in the region around Beijing over the winter heating months had already propelled aluminium prices higher. They have just been given a further boost by news that Beijing has ordered the suspension of new capacity in the northwestern province of Xinjiang.

  • LONDON, April 21- Is aluminum the new steel for China's policy-makers? Threats to close capacity in the region around Beijing over the winter heating months had already propelled aluminum prices higher. They have just been given a further boost by news that Beijing has ordered the suspension of new capacity in the northwestern province of Xinjiang.

  • FRANKLIN LAKES, N.J.— Medical technology firm Becton, Dickinson and Co. says it has reached an agreement to buy competitor C.R. Bard Inc. in a cash-and-stock deal worth $24 billion. The companies say that for every Bard share, stockholders will get nearly $223 in cash and just over one-half share of BD stock for a total value of $317. BD will fund the deal with $1.7...