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Wires

  • Returns on Latin American bonds remain attractive and the new openness to deals has already allowed Brazil's government to raise funds at a record low yield. Brazil's Suzano Papel e Celulose SA's is one example of the warmer reception for Latin American debt. President Donald Trump would lure capital out of Latin America have subsided, according to bankers,...

  • The insurer has already counted 70 bedbug claims through September 2016, heading for a total that could surpass the previous year's, said Larry Crotser, the chief claims officer for the insurer's Allianz Global Corporate& Specialty unit. The findings were included in a global report by the Allianz unit, which analyzed more than 100,000 corporate liability...

  • March 30- For other diaries, please see: Top Economic Events Polling unit diary Today in Washington Political and general news. DATE COUNTRY AUCTION DETAILS 30- Mar Italy Medium-Long Term auction 30- Mar Japan Auction of 2- year government bonds. 4- Apr United Kingdom Auction of 1 1/ 4% Treasury Gilt 2027 4- Apr Japan Auction of 10- year government bonds 4- Apr...

  • March 30- For other diaries, please see: Top Economic Events Polling unit diary Today in Washington Political and general news. DATE COUNTRY AUCTION DETAILS 30- Mar Italy Medium-Long Term auction 30- Mar Japan Auction of 2- year government bonds. 4- Apr United Kingdom Auction of 1 1/ 4% Treasury Gilt 2027 4- Apr Japan Auction of 10- year government bonds 4- Apr...

  • QINGDAO, China— After Haier Group bought the General Electric Co. appliance unit last year, the Chinese company's chairman says he gave its American managers unusual orders: Ignore me. Zhang Ruimin built Haier from a failing refrigerator factory in the 1980 s into the biggest maker of major appliances. Zhang, who at 68 is still on the job a decade after many Chinese...

  • *Chicago corn, wheat futures ease ahead of USDA report. "I think investors are squaring things away before the USDA report," said Phin Ziebell, agribusiness economist at National Australia Bank. The market is expecting to confirm this from the USDA tomorrow. "

  • TOKYO, March 30- The dollar edged up to a nine-day high against a basket of currencies on Thursday, with the euro sagging as the European Central Bank showed no sign of stepping away from monetary easing anytime soon. The common currency had dropped about 0.5 percent overnight following a report by Reuters that European Central Bank policymakers were wary of...

  • *Until now Hyundai has focused on fuel cell technology. YONGIN, South Korea, March 30- South Korea's Hyundai Motor Co is developing its first dedicated architecture for electric vehicles, an executive told Reuters, preparing a major push into the growing segment by offering multiple models with longer driving ranges. The subcompact or compact models would have...

  • MELBOURNE, March 30- London copper slipped on Thursday in low volume trade as the U.S. dollar held gains on brighter economic signals from the United States. *SHANGHAI COPPER: Shanghai Futures Exchange copper rose 0.4 percent to 47,440 yuan a tonne. *CHINA: China's economy, the world's second largest, will likely expand 6.8 percent in the first quarter of 2017, the...

  • *Unit, World's Foremost Bank, provides branded credit cards. The unit, called World's Foremost Bank, was supposed to be bought by Capital One last year, but the deal wasn't able to get timely regulatory approval. Cabela's in October last year agreed to be bought by rival Bass Pro Shops in a deal valued at $5.5 billion, uniting two of the country's largest hunting and...

  • TOKYO, March 30- Japan's Nikkei share average edged down on Thursday morning pressured by a pause in the weak yen trend, while mining shares firmed on gains in oil prices. The dollar slumped on Monday and hit Japanese equities after the U.S. House of Representatives pulled a bill to overhaul U.S. healthcare insurance, which knocked the wind out of the...

  • SYDNEY, March 30- Australian households saw their wealth balloon to a record A $11.7 trillion last quarter as cash holdings topped a trillion dollars for the first time ever, boding well for spending in the face of tepid wages growth. Thursday's figures from the Australian Bureau of Statistics showed households' net worth, after taking into account all their...

  • YONGIN, South Korea, March 30- South Korea's Hyundai Motor Co is developing its first dedicated architecture for pure electric vehicles, an executive told Reuters, preparing a major push into the growing segment by offering multiple models with longer driving ranges. While the platform will not be completed at least until next year, Hyundai Motor and affiliate...

  • *OPEC compliance with announced output cut increases. Prices for front-month Brent crude futures, the international benchmark for oil, were at $52.31 per barrel at 0151 GMT, down 11 cents from their last close. In the United States, West Texas Intermediate crude futures dropped 4 cents to $49.47 a barrel.

  • NEW YORK, March 29- Westinghouse Electric Co's financial distress sparked a feeding frenzy among Wall Street lenders keen to give the nuclear developer a lifeline while it reorganizes in bankruptcy, according to court papers and people familiar with the matter. Westinghouse, the nuclear arm of Japanese conglomerate Toshiba, filed for Chapter 11 bankruptcy...

  • March 29- Volkswagen AG said the U.S. Environmental Protection Agency has approved its request to sell up to 67,000 diesel vehicles from the 2015 model year, including about 12,000 currently in dealer inventory with approved emissions modifications. The EPA approved a fix for about 70,000 Volkswagen diesel vehicles in January. An EPA spokeswoman declined to...

  • SYDNEY, March 30- U.S. soybeans prices hit their lowest in more than five months on Thursday, dragged down by expectations that a widely watched U.S. government report later in the week would forecast an increase in North American planting. *The most active soybean futures on the Chicago Board of Trade fell 0.2 percent to $9.67-1/ 4 a bushel at 0134 GMT, after earlier...

  • March 30- Gold prices held steady on Thursday, supported by uncertainties on the impact of Britain's departure from the European Union, U.S. policy under President Donald Trump and French elections, but at the same time capped by a stronger dollar. *Prime Minister Theresa May formally began Brexit- Britain's divorce from the European Union- on Wednesday,...

  • TOKYO, March 30- Asian shares edged up to near their highest in two years on Thursday, while the dollar benefited from waning expectations that the European Central Bank was poised to end its easy policy. MSCI's broadest index of Asia-Pacific shares outside Japan was 0.2 percent higher in early trade, pushing against its loftiest levels since June 2015.

  • *OPEC compliance with announced production cut increases. SINGAPORE, March 30- Oil prices were steady on Thursday, supported by falling crude output in Libya and declining gasoline stocks in the United States, although bloated U.S. crude inventories are still weighing on markets. In the United States, West Texas Intermediate crude futures were up 5 cents at...