Wires

  • MANILA, Sept 27- A Philippine mining industry group said on Tuesday it was confident that the alleged environmental violations of eight member companies recommended by the government for suspension would be addressed properly and promptly. The eight miners, half of them nickel producers, are part of the Chamber of Mines of the Philippines and were among the 20...

  • LONDON, Sept 27- European shares rose on Tuesday as Democrat Hillary Clinton was perceived by financial market participants to be the winner of the first U.S. presidential debate, although equities traded off day's highs as energy and banking shares lost ground. The pan-European STOXX 600 index was up 0.14 percent at 340.52 points by 0829 GMT, after hitting an...

  • WASHINGTON— THE ISSUE: More than 60 million retirees, disabled workers, spouses and children rely on monthly Social Security benefits. The trustees who oversee Social Security say the program has enough money to pay full benefits until 2034. She says she would preserve Social Security by requiring "the wealthiest" to pay Social Security taxes on more of their...

  • AMSTERDAM, Sept 27- Greenpeace activists on Tuesday blocked operations of Malaysian palm oil trader IOI at Rotterdam Port, accusing it of forest destruction and child labour, but other traffic at Europe's busiest port was unaffected, a port spokesman said. Ten activists are blocking IOI, one of the world's biggest producers and traders of palm oil, from...

  • BERLIN, Sept 27- Andreas Busemann, a senior manager with German rail operator Deutsche Bahn AG is slated to become chief executive of rail technology group Vossloh AG, industry sources said on Tuesday. The management change is on the agenda at a meeting of Vossloh's board on Thursday, according to the sources. Busesmann, who now heads DB Cargo, would replace...

  • MANILA, Sept 27- Australian miner OceanaGold Corp said on Tuesday it has not received an order from a Philippine mining agency to suspend its operations in the country and that activity at its gold-copper mine is continuing. "The company will consider all avenues, including working collaboratively with the DENR, to facilitate the immediate resolution of this...

  • SHANGHAI, Sept 27- Hong Kong shares rose more than 1 percent on Tuesday, recovering much of Monday's drop and aided by further money inflows from mainland Chinese investors. But investors were bracing for a drop in flows from China as the Shanghai-Hong Kong Stock Connect scheme will be suspended from Sept. 29 to Oct. 10 due to China's National Day holiday.

  • LONDON, Sept 27- Italian bond yields fell to a 2-1/ 2- week low on Tuesday after the government pushed back the date for a high stakes vote until December, potentially giving it more time to win over a sceptical electorate. Prime Minister Matteo Renzi has repeatedly pledged to resign if voters reject the referendum on constitutional reform, but most recent opinion...

  • BEIJING, Sept 27- China's central bank said on Tuesday it has extended a bilateral currency swap agreement with the European Central Bank worth 350 billion yuan, or 45 billion euro.

  • SINGAPORE, Sept 27- An international group that monitors money laundering said on Tuesday that Singapore should pursue more offenders involved in international cases and take more action to confiscate suspicious funds moving through the city-state. "Singapore maintains one of the lowest domestic crime rates in the world and therefore the bulk of...

  • LONDON, Sept 27- Fear of a "hard" Brexit that would see Britain lose access to Europe's single market and erect tough barriers to immigration and trade kept sterling under pressure below $1.30 on Tuesday in a week short of an alternative domestic focus for markets. Scotland's external affairs minister Fiona Hyslop was the latest to say on Monday that the UK...

  • ALGIERS, Sept 27- Saudi Arabia's Energy Minister Khalid al-Falih said on Tuesday that talks among OPEC and non- OPEC oil producers in Algiers this week are consultative, casting doubt on the chances of any policy decision during the meeting. Non- OPEC producer Russia is also attending. We will consult with everyone else, we will hear the views, we will hear the...

  • ALGIERS, Sept 27- Russian Energy Minister Alexander Novak said on Tuesday it was hard to tell whether talks between OPEC and non- OPEC oil producers in Algiers this week would produce an agreement to stabilize the market. Members of the Organization of the Petroleum Exporting Countries will meet on the sidelines of the International Energy Forum, which groups...

  • BEIJING, Sept 27- Profits in China's industrial sector rose at the fastest pace in three years as the world's second-biggest economy showed more signs of stabilizing, though some private forecasters say the improvement may be more fleeting than real. Profits of industrial firms in August jumped 19.5 percent from a year earlier to 534.8 billion yuan, the...

  • BEIJING, Sept 27- Profits in China's industrial sector rose at the fastest pace in three years as the world's second-biggest economy showed more signs of stabilising, though some private forecasters say the improvement may be more fleeting than real. Profits of industrial firms in August jumped 19.5 percent from a year earlier to 534.8 billion yuan, the...

  • TOKYO, Sept 27- Japanese government bonds mostly rose on Tuesday as investors were reassured by the outcome of a 40- year sale- the first major bond auction since the Bank of Japan adopted a new policy focus last week. The Ministry of Finance's quarterly sale of 500 billion yen of 40- year JGBs with a 0.4 percent coupon produced a highest yield of 0.5600 percent, with...

  • *Board shared view inflation expectations weak. 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.

  • LONDON, Sept 27- European shares bounced back from a one-week low on Tuesday, mirroring gains in Asia where stocks rose after Democrat Hillary Clinton was perceived by financial market participants to be the winner of the first U.S. presidential debate late on Monday. Many investors appear to see Clinton as the preferred candidate, while few are sure what a Trump...

  • BEIJING, Sept 27- Profits in China's industrial sector rose at the fastest pace in three years as the world's second-biggest economy showed more signs of stabilising, though some private forecasters say the improvement may be more fleeting than real. Profits of industrial firms in August jumped 19.5 percent from a year earlier to 534.8 billion yuan, the...

  • SINGAPORE, Sept 27- Nickel bounced back on Tuesday, rising more than 1 percent after authorities in the Philippines ordered the suspension of 20 more mines for environmental violations, most of them nickel producers. Nickel futures on the London Metal Exchange jumped 1.2 percent to $10,655 a tonne by 0705 GMT, recouping Monday's decline. The most-traded copper...