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  • TOKYO, June 29- Western Digital Corp said on Thursday that legal action and other moves taken by Toshiba Corp in their dispute over the sale of its prized memory chip unit were harming Toshiba's stakeholders and customers. The two have been feuding bitterly over the $18 billion sale, particularly after Toshiba chose a different consortium as it is preferred...

  • Hong Kong shares also rose on bets that the Chinese government would unveil supportive policies as President Xi Jinping visits the former British colony to commemorate the 20th anniversary of Hong Kong's handover to China on July 1. China's blue-chip CSI300 index was up 0.4 percent at 3,659.65 points by the midday break, while the Shanghai Composite Index...

  • FRANKFURT, June 29- Online takeaway food delivery group Delivery Hero priced its initial public offering at the top end of the range, it said on Thursday, meaning the listing is set to raise 996 million euros. The price range had been set at 22.00 to 25.50 euros a share. Meanwhile, New York- based Blue Apron Holdings, the online meal-kit company that is targeting...

  • TOKYO, June 29- Western Digital Corp said on Thursday that legal action and other moves taken by Toshiba Corp in their dispute over the sale of its prized memory chip unit were harming Toshiba's stakeholders and customers. Toshiba filed a lawsuit on Wednesday against Western Digital- which jointly runs Toshiba's main semiconductor plant- for 120 billion yen,...

  • TOKYO, June 29- Japanese stocks are expected to notch a near 9 percent gain this calendar year on solid corporate earnings growth, a relatively weaker currency, as well as lingering optimism about the U.S. economy, a Reuters poll found. It is then forecast to reach 21,500 by end-June 2018. "The strong U.S. economy, weak yen and solid Japanese corporate earnings will...

  • SAN FRANCISCO, June 29- Peer at the instrument panel on your new car and you may find sleek digital gauges and multicolored screens. What's at stake is a piece of the $37- billion cockpit electronics market, estimated by research firm IHS Market to nearly double to $62 billion by 2022. Meanwhile, the number of suppliers for those components is likely to dwindle as...

  • WASHINGTON, June 29- President Donald Trump and South Korean President Moon Jae- in may present a unified front over North Korea at the White House on Thursday and Friday, but tension over trade could puncture their effort to strengthen the U.S.- South Korea relationship. Moon, making his first trip to the United States since becoming his country's leader, will...

  • *Poland hopes for reassurance on NATO, investment. WARSAW, June 29- A trip to Poland by U.S. Trump visits Poland for one day- en route to a G20 summit in Hamburg, Germany- to take part in a gathering of leaders from central Europe, Baltic states and the Balkans, an event convened by Poland to bolster regional trade and infrastructure.

  • *Poland hopes for reassurance on NATO, investment. WARSAW, June 29- A trip to Poland by U.S. Trump visits Poland for one day- en route to a G20 summit in Hamburg, Germany- to take part in a gathering of leaders from central Europe, Baltic states and the Balkans, an event convened by Poland to bolster regional trade and infrastructure.

  • *Poland hopes for reassurance on NATO, investment. WARSAW, June 29- A trip to Poland by U.S. Trump visits Poland for one day- en route to a G20 summit in Hamburg, Germany- to take part in a gathering of leaders from central Europe, Baltic states and the Balkans, an event convened by Poland to bolster regional trade and infrastructure.

  • *Poland hopes for reassurance on NATO, investment. WARSAW, June 29- A trip to Poland by U.S. Trump visits Poland for one day- en route to a G20 summit in Hamburg, Germany- to take part in a gathering of leaders from central Europe, Baltic states and the Balkans, an event convened by Poland to bolster regional trade and infrastructure.

  • NEW YORK— Amazon is extending its annual "Prime Day" promotion to 30 hours this year. Amazon will offer discounts and other deals in an effort to boost sales during the slower summer months. The deals are open only to members of Amazon's $99- a-year Prime loyalty program, so Amazon typically gets more sign-ups, too.

  • BANGKOK— It's been 20 years since a financial meltdown spread through much of Asia, wrecking economies and bringing down governments. But in Thailand— the epicenter of the crisis— the anniversary brings back painful memories for those who lived through it, and lost everything. Thailand's boom of the mid-1990s, fueled by unrestrained borrowing and a corrupt, lax...

  • DALIAN, China, June 29- China needs to strike a balance between deleveraging and maintaining adequate support for some sectors of the economy, a senior International Monetary Fund official said on Thursday. On the global economy, the outlook has been optimistic, Zhang Tao, deputy managing director at the IMF, told the World Economic Forum in the northeastern...

  • *Asia crude futures market stagnates as U.S., Europe boom. SINGAPORE, June 29- Asia is dropping further behind the United States and Europe in financial oil trading despite being the world's biggest fuel-consuming region, exposing refiners from China to Singapore to the moods of speculators who often ignore market fundamentals. Exchange data shows crude...

  • BEIJING, June 29- Global coordination is important as the world economy undergoes changes, including the latest increase in U.S. interest rates earlier this month, China's Vice Finance Minister Zhu Guangyao said ahead of a G20 summit of leaders in July. As the global economy stabilises, major countries need to normalise their interest rates, although this is...

  • SHANGHAI, June 29- Support from China's state banks helped the yuan strengthen to its highest level in seven and-a-half months against a broadly weaker dollar on Thursday, dealers said. The People's Bank of China set the yuan midpoint rate at 6.794 per dollar prior to market open, its strongest level since June 15, and 0.2 percent firmer than the previous day's fix.

  • HONG KONG, June 29- China's President Xi Jinping arrived in Hong Kong on Thursday to mark its 20th anniversary of Chinese rule as the city went into lockdown with a massive security blanket ahead of celebrations and protests on July 1. Britain returned Hong Kong to Chinese rule in 1997 under a "one country, two systems" formula which guarantees wide-ranging...

  • June 28- U.S. office vacancy rate was flat at 16 percent in the second quarter of 2017, compared with the preceding quarter, according to real estate research firm Reis Inc.. Asking rent and effective rent both rose 1.6 percent in the second quarter from the same period a year earlier. "We expect stronger construction in 2017 than in 2016 which means that the vacancy...

  • BEIJING, June 29- Global coordination is important as the world economy undergoes changes, including the latest increase in U.S. interest rates earlier this month, China's Vice Finance Minister Zhu Guangyao said ahead of a G20 summit of leaders in July. As the global economy stabilises, major countries need to normalise their interest rates, although this is...