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  • *Q1 GDP grows 2.56 pct y/y, beats forecast. TAIPEI, April 28- Taiwan reported solid first-quarter economic growth on Friday as strong global demand for components for the new iPhone and other electronic gadgets keep Asia's hi-tech factories humming. Taiwan posted strong exports in the first quarter "based on a global economic recovery, price rebounds for global...

  • The order could lead to a reversal of bans on drilling across swathes of the Atlantic, Pacific and Arctic oceans and the Gulf of Mexico that former President Barack Obama's administration sought to protect from development. Weeks before leaving office, Obama banned new oil and gas drilling in federal waters in the Atlantic and Arctic oceans, protecting 115...

  • *Graphic on China's trade in refined copper: http://tmsnrt.rs/2oMfYOy. *Graphic on China's imports of copper scrap and concentrate: http://tmsnrt.rs/2qaPqex. LONDON, April 27- China's imports of refined copper slumped by 28 percent year-on-year in the first quarter of 2017..

  • WASHINGTON— President Donald Trump will sign an executive order Friday that could lead to the future expansion of drilling in the Arctic and Atlantic oceans. The order will direct his interior secretary to review a plan that dictates which locations are open to offshore drilling. Interior Secretary Ryan Zinke says the order "will cement our nation's position...

  • *Asia ex- Japan, Nikkei set to post strong gains for the week. *Japan inflation, manufacturing output disappoint. MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.1 percent, putting it on pace to end the week up 1.9 percent, which would be its best week in six.

  • The software company's surprise foray into hardware became a billion-dollar-plus business and even managed to outclass longtime rival Apple Inc with its Surface Studio desktop machine last fall, according to some tech critics. Surface revenue declined 26 percent to $831 million, its lowest tally in a year. It has always been part of Microsoft's Surface...

  • *OPEC lobbies for extension to cut output beyond H1 2017. *Relentless rise in U.S. output undermines OPEC efforts. SINGAPORE, April 28- Oil prices stabilised on Friday but were on track for a second straight weekly loss on concerns that an OPEC- led production cut has failed to significantly tighten an oversupplied market.

  • TOKYO, April 28- The dollar edged up in Asian trading on Friday but was on track for a losing month against a basket of currencies, while the euro shed some of its monthly gains after the European Central Bank maintained its easing bias. "The Japanese Golden Week holidays are ahead, and investors have already adjusted their positions," said Kaneo Ogino, director at...

  • TANAH LOT, Indonesia— Thousands of people flock daily to the centuries-old, sacred Hindu temple at Tanah Lot, a rock formation that juts into the Indian Ocean. It's getting a new neighbor, described as " Trump International Hotel and Tower" in the Trump Organization's promotions for what will be its first resort in Asia. They promise breathtaking views, a...

  • *Modi launched $133 billion, five-year recovery plan in 2015. *Railways miss earnings targets, borrowing hits $20 billion. GHAZIABAD, India, April 28- India's mammoth state railways, much of them stuck in colonial times, have missed earnings targets for the third straight year and debts have shot up, documents seen by Reuters show, raising doubts about an ambitious...

  • SAN FRANCISCO— The executive running Uber's self-driving car division is stepping aside while the company defends itself against charges that he provided the project with technology stolen from a Google spinoff. Anthony Levandowski, an autonomous vehicle expert who defected from Google last year, notified Uber's staff of his decision in a Thursday email.

  • April 27- U.S. software company Cloudera Inc raised $225 million in an initial public offering on Thursday, a source familiar with the situation said, giving the company a market valuation of about $1.9 billion, a steep fall from the $4.1 billion it was once valued at in the private market. Cloudera said it priced its shares at $15, above its indicated range of $12 to...

  • April 28- For other diaries, please see: Top Economic Events Polling unit diary Today in Washington Political and general news. DATE COUNTRY AUCTION DETAILS 28- Apr Japan Auction of 2- year government bonds. 1- May Japan 3- month discount bill auction 2- May Belgium Auction of Treasury bills 2- May Netherlands DTC auction 3- May Sweden Auction of government...

  • April 28- For other diaries, please see: Top Economic Events Polling unit diary Today in Washington Political and general news. DATE COUNTRY AUCTION DETAILS 28- Apr Japan Auction of 2- year government bonds. 1- May Japan 3- month discount bill auction 2- May Belgium Auction of Treasury bills 2- May Netherlands DTC auction 3- May Sweden Auction of government...

  • YOKOHAMA, Japan Bank of Japan Governor Haruhiko Kuroda, Asian Development Bank President Takehiko Nakao will speak at Global Think Tank Summit ahead of ADB's annual meeting. SYDNEY- Reserve Bank of Australia board meeting on monetary policy- 0430 GMT. TOKYO- ASEAN +3 Finance and Central Bank Deputies Meeting Working Group.

  • WASHINGTON- Philadelphia Federal Reserve Bank President Patrick Harker will speak in Washington D.C- 1830 GMT. BERN- Swiss National Bank general meeting of shareholders. Speakers: Swiss National Bank President Jean-Paul Studer, Governing Board Chairman Thomas Jordan and head of the SNB General Assembly Jean-Michel Leuwe- 0800 GMT.

  • WASHINGTON- Philadelphia Federal Reserve Bank President Patrick Harker will speak in Washington D.C- 1830 GMT. BERN- Swiss National Bank general meeting of shareholders. Speakers: Swiss National Bank President Jean-Paul Studer, Governing Board Chairman Thomas Jordan and head of the SNB General Assembly Jean-Michel Leuwe- 0800 GMT.

  • TOKYO, April 28- Japan's core consumer prices rose at a slower than expected pace in March from a year earlier, government data showed on Friday, but posted their third straight month of increase, driven by rising energy costs. Japan's long-stagnant economy has shown signs of life in recent months, with exports and factory output benefiting from a rebound in...

  • Alphabet's profit beat Wall Street estimates and rose 29 percent to $5.43 billion, a performance that analysts called exceptional for a company so large. The two companies accounted for 99 percent of the industry growth in digital advertising in 2016, Pivotal Research said in a report this week, demonstrating market power that some advertisers complain...

  • TOKYO, April 28- Japan's industrial output fell 2.1 percent in March from the previous month, government data showed on Friday, in a sign of a temporary slowdown in production. The result compared with the median estimate of a 0.8 percent decline in a Reuters poll of economists. It followed a revised 3.2 percent increase in February, the data from the Ministry of...