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Wires

  • LONDON, March 24- No evidence has emerged of cheating on the OPEC/ non- OPEC production agreement so far. Charles Goodhart was a Bank of England official and he was expressing the bank's frustration that any measure of the money supply it started targeting ceased to be a good target soon after it was chosen. The question is whether OPEC and non- OPEC countries will...

  • *Spot gold rose 0.8 percent to $1,254.01 per ounce by 0042 GMT, after hitting a near one-month high of $1,254.65. *President Donald Trump suffered a stunning political setback on Friday in a Congress controlled by his own party when Republican leaders pulled legislation to overhaul the U.S. healthcare system, a major 2016 election campaign promise of the...

  • March 26- U.S. equity index futures fell to a six-week low on Sunday in a sign Wall Street would start the week defensively after Republicans pulled legislation to overhaul the U.S. healthcare system in a stunning setback for President Donald Trump. Trump said he would now turn his attention to getting "big tax cuts" through Congress. Speaking on "Fox News Sunday,"...

  • WASHINGTON, March 26- Fresh off a defeat on U.S. healthcare legislation, the White House warned rebellious conservative lawmakers that they should get behind President Donald Trump's agenda or he may bypass them on future legislative fights, including tax reform. The threat by White House chief of staff Reince Priebus to build a broad coalition on tax reform...

  • TOKYO/ SYDNEY, March 27- The dollar slid to a near two-month low against a basket of currencies early on Monday as concerns mounted about the chances of U.S. fiscal stimulus after the stinging defeat of President Donald Trump's healthcare package. The inability to overhaul the U.S. healthcare system, a major election campaign promise of Trump and his allies,...

  • TOKYO, March 27- Westinghouse Electric Co, the U.S. nuclear unit of Japan's Toshiba Corp, could file for bankruptcy protection as early as Tuesday and is seeking. Sources told Reuters on Friday that Toshiba had told its main banks it planned to have Westinghouse file for bankruptcy on Friday, expanding charges related to the U.S. unit this business year to about 1...

  • HONG KONG, March 27- Asian stocks are set to start the week on a cautious note as President Donald Trump's stunning failure to get healthcare reform passed raised concerns about the prospects for his plans to use fiscal stimulus to boost economic growth. MSCI's broadest index of Asia-Pacific shares outside Japan was flat in early trade though Australia's...

  • TOKYO, March 27- Shares in Toshiba Corp rose on Monday morning after a report that U.S. unit Westinghouse Electric Co could file for bankruptcy protection as early as Tuesday and is seeking support from South Korea's Korea Electric Power Corp.. Toshiba's shares were last up 0.5 percent at 224 yen after earlier rising as high as 232 yen, against the backdrop of a...

  • March 27- For other diaries, please see: Top Economic Events Polling unit diary Today in Washington Political and general news. DATE COUNTRY AUCTION DETAILS 27- Mar United States Sale of 2- year notes 28- Mar United States Sale of 5- year notes 28- Mar United Kingdom Auction of 0 1/ 2% Treasury Gilt 2022 28- Mar Germany Auction of 2- year Treasury note 28- Mar Italy...

  • March 27- For other diaries, please see: Top Economic Events Polling unit diary Today in Washington Political and general news. DATE COUNTRY AUCTION DETAILS 27- Mar United States Sale of 2- year notes 28- Mar United States Sale of 5- year notes 28- Mar United Kingdom Auction of 0 1/ 2% Treasury Gilt 2022 28- Mar Germany Auction of 2- year Treasury note 28- Mar Italy...

  • MADRID- Chicago Fed President Charles Evans and ECB Chief Economist Peter Praet speaks in Madrid- 1300 GMT. DALLAS, United States- Federal Reserve Bank of Dallas President Robert Kaplan participates in moderated question-and-answer session before the Dallas Committee on Foreign Relations 1700 GMT. ONTARIO- Bank of Canada Governor Stephen Poloz will attend...

  • MADRID- Chicago Fed President Charles Evans and ECB Chief Economist Peter Praet speaks in Madrid- 1300 GMT. DALLAS, United States- Federal Reserve Bank of Dallas President Robert Kaplan participates in moderated question-and-answer session before the Dallas Committee on Foreign Relations 1700 GMT. ONTARIO- Bank of Canada Governor Stephen Poloz will attend...

  • Fresh off a defeat on U.S. healthcare legislation, the White House warns rebellious conservative lawmakers that they should get behind Trump's agenda or he may bypass them on future legislative fights, including tax reform. Roger Stone, a longtime ally of Trump, says he has offered to testify before a congressional committee investigating possible Russian...

  • March 26- U.S. equity index futures fell to a six-week low on Sunday in a sign Wall Street would start the week defensively after Republicans pulled legislation to overhaul the U.S. healthcare system in a stunning setback for President Donald Trump. S&P 500 e-mini futures were down over 0.6 percent, shortly after electronic trading resumed on Sunday evening.

  • March 26- U.S. equity index futures fell to a six-week low on Sunday in a sign Wall Street would start the week defensively after Republicans pulled legislation to overhaul the U.S. healthcare system in a stunning setback for President Donald Trump. S&P 500 e-mini futures were down over 0.6 percent, shortly after electronic trading resumed on Sunday evening.

  • WASHINGTON— Ivanka Trump is planning a trip to Germany to attend a summit on the economic empowerment of women, a senior administration official said Sunday. The first daughter was invited by German Chancellor Angela Merkel during Merkel's recent White House visit, said the official, who was not authorized to discuss details of the trip by name and requested...

  • MEXICO CITY— The Roman Catholic Archdiocese of Mexico said Sunday that Mexican companies expressing interest in working on a border wall in the United States are betraying their country. The archdiocese said in an editorial that Mexican companies have expressed willingness to supply materials or work on the wall proposed by U.S. In a meeting with steel...

  • WASHINGTON, March 26- President Donald Trump will sign an order on Tuesday aimed at making it easier for companies to produce energy in the United States, administration officials said on Sunday. Trump plans to sign the executive order at the EPA to reduce "unnecessary regulatory obstacles that restrict the responsible use of domestic energy resources," a White...

  • LONDON, March 27- Britain's manufacturers told Prime Minister Theresa May on Monday to drop her threat that she might take the country out of the European Union without a new trade deal, saying they would bear the brunt of trade barriers with the EU. "The idea of being able to walk away empty-handed might be a negotiating tactic, but it would in reality deliver a risky...

  • TOKYO, March 27- Japanese manufacturers are wary of a possible U.S. border tax, with just over half expecting profits to take a hit if the United States slaps a 20 percent levy on imports, a Reuters poll showed on Monday. In response, they are thinking of cutting costs, increasing production and procurement in the United States and raising U.S. product prices, but those...