Wires

  • *Asia stocks ex- Japan recoup losses, Nikkei off 0.4 pct. SYDNEY, Sept 27- Asian shares recouped early losses on Tuesday and the dollar edged away from a one-month trough against the yen, suggesting investors judged Democrat Hillary Clinton was winning her debate against Republican Donald Trump. MSCI's broadest index of Asia-Pacific shares outside Japan...

  • SINGAPORE, Sept 27- The Mexican peso surged in Asian trade on Tuesday, buoyed by the view that U.S. presidential candidate Hillary Clinton is doing better than her rival Donald Trump in a closely-watched television debate. The peso has hit record lows in recent days on concerns a Trump victory would threaten Mexico's exports to the United States, its single...

  • Wells Fargo, the United States' third-largest bank by assets, agreed to pay $190 million earlier this month to settle regulatory charges that some of its employees opened as many as 2 million accounts without customers' knowledge, in order to meet sales targets. The lawsuit, which was filed in the U.S. District Court of Northern California, comes nearly a week after...

  • WASHINGTON— A claim from the presidential debate and how it stacks up with the facts:. Under former chairman Ben Bernanke and current chairwoman Janet Yellen, the Fed has attracted controversy by pegging the short-term interest rate it controls to nearly zero for seven years. Bernanke was initially appointed by Republican President George W. Bush, and...

  • SAN FRANCISCO, Sept 26- With speculation mounting that Twitter Inc will soon have a new corporate owner, the 10- year-old social networking service- which has long struggled to define its core purpose- may end up heading in one of several distinctly different directions depending on who ends up paying for it. Twitter Chief Executive Jack Dorsey, speaking at a...

  • *Asia stocks ex- Japan recoup losses, Nikkei off 0.4 pct. SYDNEY, Sept 27- Asian share markets recouped early losses on Tuesday and the dollar edged away from a one-month trough against the yen, suggesting investors judged Democrat Hillary Clinton was winning her debate against Republican Donald Trump. MSCI's broadest index of Asia-Pacific shares outside Japan...

  • TOKYO, Sept 27- The Mexican peso jumped more than one percent in early Asian trade on Tuesday, on the view that U.S. presidential candidate Hillary Clinton is doing better than her rival Donald Trump in a closely-watched television debate.

  • MEXICAN PESO EXTENDS GAINS, UP MORE THAN 1 PERCENT VS U.S.

  • BEIJING, Sept 27- Profits earned by China's industrial firms in August rose 19.5 percent from a year earlier, the statistics bureau said on Tuesday. Profits in August rose to 534.8 billion yuan, the National Bureau of Statistics said on its website. The data covers large enterprises with annual revenues of more than 20 million yuan from their main operations.

  • SINGAPORE, Sept 27- Nickel dropped 1 percent on Tuesday, falling for a second day on concerns over demand, with investors in the base metal market awaiting an announcement from the Philippines on closure of mines. The most-traded copper contract on the Shanghai Futures Exchange lost 0.3 percent to 37,670 yuan a tonne. *The Philippines accounts for more than 90...

  • MANILA, Philippines— The Asian Development Bank says the economies of developing countries in Asia are holding up despite stubborn global headwinds, and that earlier forecasts that the countries as a group will grow 5.7 percent in 2016 and 2017 remain unchanged. Growth in the five largest economies in Southeast Asia was forecast at 4.8 percent in 2016, the...

  • SYDNEY, Sept 27- U.S. soybean prices rose for the first time in three sessions on Tuesday after the U.S. Department of Agriculture said the pace of harvesting was behind analyst expectations. *Heavy showers in recent days waterlogged fields in parts of northern Iowa, Minnesota and Wisconsin. Rivers flooded in parts of Iowa, forcing corn and soy processors to shut...

  • NEW DELHI, Sept 26- India will accelerate its building of new hydropower plants along three rivers that flow into Pakistan, a source familiar with the plan said on Monday, in a move likely to aggravate already tense relations with its neighbour a week after an attack on an Indian army base. The dispute looks set to be reignited after Prime Minister Narendra Modi...

  • *China 2016, 2017 growth upped by 0.1 pct pts to 6.6 pct, 6.4 pct. MANILA, Sept 27- The Asian Development Bank kept its growth estimates for developing Asia for this year and next at 5.7 percent, saying sustained expansion in China and India can steady the region but warned of risks from a looming U.S. interest rate hike. "Strong growth in China and India is helping the...

  • SAN FRANCISCO, Sept 26- The U.S. Department of Labor filed an administrative lawsuit against Palantir Technologies on Monday, alleging that the data analytics and security company systematically discriminated against Asian job applicants. It raised $880 million in funding late last year, for a $20 billion valuation, and is considered one of Silicon Valley's...

  • WASHINGTON, Sept 26- The United States said on Monday it had sanctioned a Chinese industrial machinery and equipment wholesaler, a new step in tightening the financial noose around North Korea's nuclear program after its fifth nuclear test this month. It accused the firm of acting on behalf of North Korea's Korea Kwangson Banking Corp, which has been under U.S....

  • *Spot gold was little changed at $1,337.41 an ounce by 0055 GMT. *The first face-off between Republican Donald Trump and Democrat Hillary Clinton starts at 0100 GMT on Tuesday, with investors looking for indications of who could win the race to lead the world's biggest economy. *Economic imbalances within the euro zone risk destabilising the currency bloc, top...

  • TOKYO, Sept 27- Bank of Japan policymakers fretted over weak inflation expectations and uncertain prospects for achieving its price goal even before announcing its plan to conduct in September a comprehensive review of its policies, minutes of the central bank's policy meeting in July showed on Tuesday. "Members shared the recognition that risks to Japan's...

  • Major oil producers are gathering in Algeria for a three-day meeting that could see moves to cut or freeze oil output in an effort to support oil prices. The Organization of the Petroleum Exporting Countries and other oil producers led by Russia are meeting informally on the sidelines of the International Energy Forum in Algeria from Sept. 26-28.