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Wires

  • BEIJING, March 23- China's gasoline exports in February climbed to their second-highest monthly level on record as refiners increasingly turn to exports to Asian markets to drain a domestic supply glut that almost wiped out imports altogether. Strong exports of refined fuel products reflected persistence excess in the domestic market as China's refiners...

  • MACRON SEEN WINNING FRENCH PRESIDENTIAL RUNOFF VOTE WITH 65 PCT TO 35 PCT FOR LE PEN- HARRIS POLL.

  • FRANCE'S MACRON PROJECTED TO WIN 26 PCT OF VOTES IN FIRST ROUND OF PRESIDENTIAL ELECTION, LE PEN 25 PCT- HARRIS POLL.

  • PARIS, March 23- Centrist Emmanuel Macron is projected to come out on top in the first round of France's presidential election next month ahead of far-right leader Marine Le Pen before going on to win in a runoff, a Harris Interactive poll showed on Thursday. Macron was seen winning 26 percent of the vote in the April 23 first round followed by Le Pen on 25 percent,...

  • *Brent crude dipped below $50 but has since recovered. *China's fuel exports near record, imports slump. SINGAPORE, March 23- Oil prices recovered on Thursday from losses chalked up the session before, but the market remained under pressure as bloated U.S. crude inventories and rising output dampen OPEC- led efforts to curb global production.

  • SCANA CORP, SOUTHERN CO HIRE ADVISERS TO PREPARE FOR BANKRUPTCY OF TOSHIBA CORP'S WESTINGHOUSE ELECTRIC CO LLC- SOURCES.

  • LIMA, March 22- A railway used by copper, zinc and silver mines to transport concentrates from Peru's central Andes to port is likely be out of action for at least two to three weeks following deadly floods and mudslides, a minister said on Wednesday. Even after the railway resumes operations, exports from the port of Callao near Lima could be delayed by two to three...

  • President Donald Trump and House of Representatives leaders pushed on Wednesday for votes for their plan to overhaul Obamacare and said they were making progress in their efforts to win over conservative Republicans who have demanded changes to the legislation. With a vote on the bill expected Thursday evening, members of the House Freedom Caucus, a...

  • TOKYO, March 23- The Nikkei share average fell to a 1-1/ 2 month low in choppy trade on Thursday morning as a political scandal centering on the wife of Japanese Prime Minister Shinzo Abe sapped domestic investor sentiment. On Thursday morning, the principal of a Japanese nationalist school said in a testimony to parliament that he received a donation of 1 million...

  • BEIJING, March 23- China's gasoline exports in February hit the second highest on record, up 76.6 percent over a year earlier at 1.06 million tonnes, data from the Chinese customs showed on Thursday. Diesel exports last month surged 66.7 percent on year at 1.32 million tonnes. The February gasoline exports were second to the record high at 1.1 million tonnes...

  • *SHANGHAI COPPER: Shanghai Futures Exchange copper rose 0.6 percent to 47,150 yuan a tonne. *PERU: A railway used by copper, zinc and silver mines to transport their concentrates from Peru's central Andes to port is likely be out of action for at least two to three weeks following "important" damage from floods and mudslides, the transportation minister said on...

  • SEOUL, South Korea— South Korea announced Thursday a fresh capital injection for Daewoo Shipbuilding& Marine Engineering Co., seeking to prevent the world's second-largest shipbuilder from defaulting on its debts. The injection of 2.9 trillion won will prevent Daewoo from going bankrupt when some of its debt matures next month, which could have had a...

  • *Daewoo bankruptcy would hit S.Korea economy by 48.4 trillion won economic damage-regulator. SEOUL, March 23- State banks will extend South Korea's foundering Daewoo Shipbuilding& Marine Engineering Co Ltd a new 2.9 trillion won bailout, but only if bondholders and other creditors agree to swingeing debt-equity swaps, the country's financial regulator...

  • TAIPEI, March 23- Taiwan stocks were mostly flat in cautious trade on Thursday ahead of the central bank's policy meeting later in the day, at which it is widely expected to hold rates steady. Among the most actively traded, Cathay Financial Holding Co Ltd, parent company of Taiwan's biggest life insurer, climbed as much as 0.4 percent. The Taiwan dollar firmed T...

  • SINGAPORE, March 23- Oil prices on Thursday recovered from losses chalked up the session before, but the market remains under pressure as bloated U.S. crude inventories and rising output dampen OPEC- led efforts to curb global production. Prices for front-month Brent crude futures, the international benchmark for oil, were at $50.94 per barrel at 0146 GMT, up 30...

  • BRASILIA, March 22- The lower house of the Brazilian Congress passed a bill on Wednesday to allow companies to outsource any job, a first move that was fiercely opposed by unions to reform the country's outdated labor laws. "The modernization of our labor laws with outsourcing and temporary work will create a new employment environment in the country and...

  • HOUSTON, March 22- Royal Dutch Shell plc, Chevron Corp and Exxon Mobil Corp signaled the oil industry's return to the Gulf of Mexico' s deep waters with high bids in a government auction up 76 percent over a year ago. The auction of offshore oil and gas parcels received nearly $275 million in high bids, compared with $156.4 million a year ago. "Today's strong sale...

  • *The most active soybean futures on the Chicago Board Of Trade slipped 0.1 percent to $9.99 a bushel, having closed down 0.18 percent in the previous session. *The most active corn futures were unchanged at $3.58-3/ 4 a bushel, having closed down 0.7 percent on Wednesday, when prices hit a low of $3.58-1/ 4 a bushel, their lowest since Feb. 1. *The most active wheat futures...

  • *Spot gold was down 0.2 percent at $1,245.80 per ounce by 0048 GMT. On Wednesday, it touched its strongest since Feb. 28 at $1,251.26. *Trump and House of Representatives leaders were pushing for votes for their plan to overhaul Obamacare and said they were making progress in their efforts to win over conservative Republicans who have demanded changes to the...

  • With a vote on the bill scheduled for Thursday evening, members of the House Freedom Caucus, a conservative Republican faction, said they had been negotiating possible concessions from the White House. "I can tell you that we're making great progress," Mark Meadows, chairman of the Freedom Caucus, told reporters. Representative Steve King, a conservative who was...