Wires

  • TOKYO, Jan 23- Japan's Nikkei share average dropped more than 1 percent on Monday as shares of exporters fell on a stronger yen, while sentiment was subdued on concerns over newly sworn-in U.S. "Since Trump repeats' America first' so many times, investors in Japan are being defensive," said Hiroyuki Nakai, chief strategist at Tokai Tokyo Research Center.

  • Yahoo said in a November 2016 quarterly filing that it was "cooperating with federal, state and foreign" agencies, including the SEC, that were seeking information and documents about a "security incident and related matters." The SEC is investigating whether two massive data breaches at Yahoo should have been reported sooner to investors, the Wall Street...

  • International flights were not affected, the Federal Aviation Administration said. "We are working as quickly as possible to resolve this issue and get out customers to their final destinations," a company spokeswoman Maddie King said in an emailed statement earlier. Last week, Air Canada and Toronto- based Porter Airlines also experienced brief glitches that...

  • TOKYO, Jan 23- The dollar skidded in Asian trade on Monday, with the euro hitting its highest levels in more than a month as investors locked in gains on the greenback's recent rise as they waited for U.S. The euro firmed 0.4 percent on the day to $1.07400 after earlier rising to $1.07460, its highest since Dec. 8. It's across-the-board dollar selling, not just the risk...

  • SEOUL, Jan 23- Tech giant Samsung Electronics Co Ltd said on Monday it will not unveil its Galaxy S8 smartphone at the Mobile World Congress trade show this year, suggesting the flagship model's launch may be later in the year than its 2016 version. Samsung mobile chief Koh Dong- jin said the phone would not get a launch event at the MWC event in Barcelona, which begins...

  • TOKYO, Jan 23- The dollar slipped more than 1 percent against the yen on Monday, as investors locked in gains on the greenback's recent rise as they waited for newly inaugurated U.S. President Donald Trump to offer details of his promised stimulus. The dollar fell as low as 113.435 yen, and was last down 1 percent at 113.505.

  • SINGAPORE, Jan 23- Oil edged up on Monday on statements over the weekend from OPEC and other producers that they have been successfully implementing output cuts, but gains were limited by a surge in U.S. drilling. OPEC and non- OPEC countries have made a strong start to lowering their oil output under the first such pact in more than a decade, energy ministers said on...

  • SYDNEY, Jan 23- U.S. corn fell on Monday, retreating from a six-month high touched in the previous session, though strong export demand continued to underpin prices. *The most active corn futures on the Chicago Board Of Trade dropped 0.14 percent to $3.69-1/ 4 a bushel, having gained 0.96 percent in the previous session when prices hit a high of $3.70 a bushel- the...

  • DOLLAR FALLS MORE THAN 1 PERCENT AGAINST YEN ON THE DAY.

  • SEOUL, Jan 23- Samsung Electronics Co Ltd on Monday said faulty batteries caused its flagship Galaxy Note 7 phones to catch fire and announced steps to avoid repeat incidents, as it tries to restore trust and regain momentum in the smartphone business. The announcement came more than three months after Samsung scrapped the short-lived competitor of Apple...

  • SINGAPORE, Jan 23- Oil prices edged up on Monday, supported by statements from oil producers over the weekend that an output cut was being successfully implemented, but markets were held back by a surge in drilling that suggested U.S. production would rise further. Brent crude futures, the international benchmark for oil prices, were trading at $55.57 per barrel...

  • SYDNEY, Jan 23- London copper edged up on Monday to extend last week's gains, buoyed by a weaker dollar and as U.S President Donald Trump reiterated plans to spend big on infrastructure renewal. *Three-month copper on the London Metal Exchange had risen 0.6 percent to $5,745 a tonne by 0115 GMT, extending gains from the previous session. *The most-traded copper...

  • Jan 22- United Airlines said it had grounded all domestic flights due to an "IT issue" on Sunday, company spokeswoman Maddie King said.

  • NEW YORK— United Airlines says domestic flights are on the move again after being grounded Sunday because of a computer problem. Company spokeswoman Maddie King says the "IT issue" that initially caused the ground stop has been resolved and flights are resuming, but customers may experience additional delays. Chicago- based United Airlines and United Express...

  • Its creation follows a series of controversial foreign investment rulings that prompted the Chinese government to label Australia "protectionist." The Foreign Investment Review Board is currently considering whether to approve the $5.5 billion acquisition of DUET Group by a consortium led by Hong Kong's Cheung Kong Infrastructure Holdings.

  • Jan 23- Gold prices rose on Monday on a weaker dollar and safe haven buying on uncertainties over U.S. policy after Donald Trump was sworn in as president last Friday. *Spot gold rose 0.5 percent, to $1,215.30 per ounce by 0051 GMT. *U.S. gold futures were up 0.9 percent at $1,215.10 by 0051 GMT.

  • SINGAPORE, Jan 23- Oil prices edged up on Monday, supported by statements from oil producers over the weekend that an output cut was being successfully implemented, but markets were held back by a surge in drilling that suggested U.S. production would rise further. Brent crude futures, the international benchmark for oil prices, were trading at $55.57 per barrel...

  • SEOUL, Jan 19- Samsung Electronics Co Ltd on Monday said battery defects caused its premium Galaxy Note 7 phones to catch fire, not the device's software or hardware.

  • SEOUL, South Korea— Samsung Electronics Co. said Monday that problems with the design and manufacturing of batteries in its Galaxy Note 7 smartphones caused them to overheat and burst into fire. The announcement of results from the company's investigation into one of its worst product fiascos comes three months after the flagship phone was discontinued.

  • LONDON, Jan 20- The U.S. gas market has tightened significantly over the last nine months as low prices have spurred strong consumption and exports while slashing drilling of new wells. At the same point last year, stocks were 473 billion cubic feet above average, according to the U.S. Energy Information Administration. Heating demand so far in the winter of 2016/ 17...