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Wires

  • *Oil rebound continues as support near $40 in WTI holds. TOKYO, June 26- Asian shares edged up on Monday on optimism about global growth, while the dollar was on the defensive as a subdued U.S. inflation outlook capped U.S. bond yields and raised questions about the Federal Reserve's plans to tighten policy. MSCI's broadest index of Asia-Pacific shares outside...

  • *Dollar index treads water after slipping from 1- month highs. TOKYO, June 26- The dollar drifted on Monday as U.S. "The main reason behind the weakness of the dollar, which has lost its upward momentum since the Fed rate hike, is U.S. yields stuck at low altitude," said Junichi Ishikawa, senior FX strategist at IG Securities in Tokyo.

  • *Dollar index continues slow decline from 1- month highs. TOKYO, June 26- The dollar sagged against its major peers on Monday, losing traction as U.S. "The main reason behind the weakness of the dollar, which has lost its upward momentum since the Fed rate hike, is U.S. yields stuck at low altitude," said Junichi Ishikawa, senior FX strategist at IG Securities in Tokyo.

  • TOKYO, June 26- Japan's Nikkei share average ticked up on Monday morning as the dollar-yen held steady, while investors' attention fell squarely on Takata Corp after it filed for bankruptcy protection. The Tokyo Stock Exchange said shares of Takata would be delisted on July 27 after it filed for bankruptcy protection. "Takata's bankruptcy is bad news, but since...

  • MELBOURNE, June 26- London copper eased on Monday but remained within reach of the highest in more than two months, after expectations of the U.S. interest rate hike trajectory were tempered which weighed on the dollar. *LME COPPER: London Metal Exchange copper was down 0.1 percent at $5,794 a tonne, as of 0214 GMT, after 1 percent gain in the previous session.

  • June 25- China has signed an agreement to stop conducting state-sponsored cyberattacks against the Canadian private sector, the Globe and Mail reported on Sunday, citing an official communiqué. The agreement was worked out on Friday during talks in Ottawa between senior communist party official Wang Yongqing and Canada's national security and...

  • SEOUL, June 26- Oil prices rose more than 1 percent early on Monday on a weaker dollar, but another rise in U.S. drilling activity stoked worries that a global supply glut will persist despite an OPEC- led effort to curb output. Brent crude futures were up 50 cents, or 1.1 percent, at $46.04 per barrel at 0215 GMT. I suspect short covering, "said Ric Spooner, chief market...

  • SHANGHAI— Australian and Chinese casino employees stood trial Monday on charges relating to gambling, in a case that highlights the sensitivity of doing certain businesses in China. Three Australians from the sales and marketing team of Australia's Crown Resorts Ltd. are among the 19 listed on trial at the Baoshan District People's Court in Shanghai.

  • SYDNEY, June 26- U.S. wheat edged lower on Monday, retreating from a one-year high touched in the previous session, although concerns over production losses in the United States and Europe provided a floor. *The most active wheat futures on the Chicago Board Of Trade fell 0.3 percent to $4.72 a bushel, having closed up 2.7 percent on Friday when prices hit a high of...

  • PANDORA MEDIA CEO TIM WESTERGREN PLANS TO STEP DOWN; CO DOESNT HAVE A REPLACEMENT FOR ITS FOUNDER LINED UP- RECODE.

  • TOKYO, June 26- Asian shares edged up on Monday on optimism about global growth while the dollar was on the defensive as a subdued U.S. inflation outlook capped U.S. bond yields. MSCI's broadest index of Asia-Pacific shares outside Japan ticked up 0.2 percent while Japan's Nikkei rose 0.3 percent. Share prices have also been supported by relatively loose...

  • *Spot gold was nearly flat at $1,256.06 per ounce at 0050 GMT, staying near a one-week low hit on Friday. *Britain's Brexit minister David Davis said on Sunday he was "pretty sure" he could negotiate a good deal to leave the European Union, something that would require a transitional arrangement for around one or two years. *China's top banking regulator has told banks...

  • TOKYO, June 26- Embattled airbag maker Takata Corp on Monday filed for bankruptcy protection in Japan and said it would seek $1.588 billion in financial aid from U.S.-based auto parts supplier Key Safety Systems. The filing at the Tokyo District Court followed a Chapter 11 bankruptcy protection filing in the United States. The Tokyo Stock Exchange said shares...

  • June 26- Key Safety Systems said on Sunday that it had reached a deal with Takata to purchase nearly all of its assets for about 175 billion yen, after the air-bag maker filed for bankruptcy in the United States and Japan. Takata, the firm at the centre of the auto industry's biggest ever product recall, said proceeds from the sale would be used to settle a plea...

  • Brent crude futures were up 24 cents, or 0.53 percent, at $45.78 per barrel at 0047 GMT. But crude supplies in the United States, which is not part of the OPEC- led deal, have been dampening the impact of curbs. U.S. energy firms added 11 oil rigs in the week to June 23, bringing the total count up to 758, the most since April 2014, according to data from energy services firm...

  • TOKYO, June 26- Embattled airbag maker Takata Corp on Monday filed for bankruptcy protection in Japan and said it would seek $1.588 billion in financial aid from U.S.-based auto parts supplier Key Safety Systems. The KSS deal would help it deal with the fallout from its defective airbag inflators at the centre of the global auto industry's biggest ever recall,...

  • June 26- Key Safety Systems said on Sunday that it had reached a deal with Air-bag maker Takata to purchase nearly all of Takata's global assets and operations for an aggregate purchase price of about 175 billion yen after the company filed for bankruptcy in the United States and Japan.

  • *Dollar index continues slow decline from 1- month highs. TOKYO, June 26- The dollar sagged against its major peers on Monday, losing traction as U.S. "The main reason behind the weakness of the dollar, which has lost its upward momentum since the Fed rate hike, is U.S. yields stuck at low altitude," said Junichi Ishikawa, senior FX strategist at IG Securities in Tokyo.

  • June 25- Activist investor Daniel Loeb's Third Point LLC on Sunday unveiled a stake of more than 1 percent in Switzerland's Nestle SA and urged the world's largest packaged foods maker to improve its margins, buy back stock and shed non-core businesses. The 3.28 billion Swiss francs stake is the largest ever taken by the hedge fund, which pressed for change in...

  • UNDATED— Japanese air bag maker Takata, overwhelmed by lawsuits, recall costs, files for bankruptcy protection.