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  • TOKYO— Japanese automaker Nissan says its fiscal third quarter profit grew 25 percent to 127.2 billion yen on strong sales. Nissan Motor Co. had reported a 101.8 billion yen profit for the October-December period a year earlier. Nissan, based in the port city of Yokohama, left its full year forecasts unchanged at 535 billion yen profit, up 17 percent from the...

  • WASHINGTON— The administration of President Barack Obama is vowing to press ahead with efforts to curtail greenhouse gas emissions after a divided Supreme Court put his signature plan to address climate change on hold until after legal challenges are resolved. White House spokesman Josh Earnest said the administration's plan is based on a strong legal and...

  • SEOUL, South Korea— South Korea said Wednesday that it would suspend operations at a joint industrial park with North Korea in response to the North's recent rocket launch, the first time in the park's decade of operation that Seoul has halted work there. The move comes after North Korea on Sunday launched a long-range rocket considered by other countries to be a...

  • LONDON, Feb 10- European shares rebounded back up on Wednesday from two-year lows reached in the previous session, helped by some solid corporate earnings and signs of corporate takeover activity. The euro zone's blue-chip Euro STOXX 50 index gained 0.5 percent, while Britain's FTSE 100 advanced 0.6 percent. Norwegian mobile software company Opera also...

  • SEOUL, South Korea— South Korea says it will halt operations at joint industrial park with North Korea in response to rocket launch.

  • WASHINGTON— Federal Reserve Chair Janet Yellen will address Congress on Wednesday at a time of deepening uncertainty about the Fed's interest rate policies. After testifying to the House Financial Services Committee on Wednesday, Yellen will address the Senate Banking Committee on Thursday. There is less certainty now than when the Fed raised its target...

  • HELSINKI— Carlsberg says poor sales in Europe more than halved its fourth-quarter profit despite a slight increase in overall revenue, and the Danish brewer gave a guarded outlook for the year. Net profit in the quarter was 78 million kroner, down from 168 million kroner a year earlier. The group said its beer volumes last year were down 4 percent, mainly due to the...

  • MOSCOW, Feb 10- Turkish business conglomerate Fiba Group has put up for sale its Russian mid-sized lender Credit Europe Bank, two banking sources told Reuters, against a backdrop of a diplomatic row between Moscow and Ankara that shows no sign of abating. Turkey and Russia have been at loggerheads since Turkey downed a Russian warplane in late November that...

  • SoftBank Group Corp. reported Wednesday a 2.3 billion yen October-December profit, down from 18.7 billion yen the same period a year earlier. As the first to offer the iPhone in Japan, SoftBank's business in Japan is going strong, but it has faced a challenge with money-losing Sprint. The company based in Overland Park, Kansas, says it's on track to cut $800 million...

  • LONDON, Feb 10- ARM Holdings, the British chip designer whose technology powers smartphones, reported a 17 percent rise in fourth-quarter profit as its latest processor designs continued to win market share. Chief Executive Simon Segars said that during the year its latest chip architecture surpassed a 50 percent share of smartphone shipments.

  • SYDNEY— Australia's former prime minister and two other politicians were gifted designer watches by a Chinese businessman— but initially kept them only because they thought the 40,000 Australian dollar timepieces were fake, a newspaper reported Wednesday. Former Prime Minister Tony Abbott was leader of the then-opposition Liberal Party in 2013 when he...

  • TOKYO, Feb 10- Japanese government bonds slipped on Wednesday, as investors took profits ahead of a public holiday and a day after the benchmark yield slipped into negative territory for the first time. JGBs have soared, putting downward pressure on yields, since the Bank of Japan adopted negative interest rates on Jan. 29, under which banks have to pay interest on...

  • DAR ES SALAAM, Feb 10- One day last October, agents from a crack Tanzanian crime unit raced past Dar es Salaam's Palm Beach Hotel in pursuit of the suspected leader of a global elephant poaching ring. The agents' target that day was Yang Feng Glan, a 66- year-old Chinese national dubbed the "Ivory Queen," who is accused of running a smuggling empire stretching from the...

  • JAKARTA, Feb 10- Indonesia will ease foreign investment rules in several sectors of the economy, including the e-commerce, healthcare, and movie industries, President Joko Widodo said on Wednesday. The move is aimed at attracting more foreign funds into Southeast Asia's economy, which has been growing at its slowest pace in six years because of falling...

  • TOKYO, Feb 10- Japan's Nikkei share average closed at its lowest level since October 2014 on Wednesday as worries about the health of global banks and economic growth intensified. After a tumultuous start to the week, markets looked to Federal Reserve Chair Janet Yellen's congressional testimony later in the session for fresh cues on the policy outlook, which...

  • WIDODO SAYS VERY OPTIMISTIC INDONESIA CAN ACHIEVE 5.3 PCT GDP GROWTH TARGET FOR 2016.

  • INDONESIA'S PRESIDENT JOKO WIDODO SAYS WOULD LIKE TO SEE LOWER INTEREST RATES BUT CAN'T FORCE C.BANK.

  • WIDODO SAYS LATEST STIMULUS PACKAGE TO BE "BIG BANG" REFORM OF REGULATIONS.

  • WIDODO SAYS TO OPEN UP E-COMMERCE, HEALTHCARE, AND MOVIE INDUSTRIES TO FOREIGN INVESTMENT.

  • INDONESIAN MINISTER SAYS RETAIL SECTOR ALSO TO BE OPENED UP IN DEREGULATION MOVE.