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Wires

  • *Signed 700 MW wind power deal in Vietnam. As part of plans to more than double power generation capacity by 2021 from 845 megawatts currently, Jormsup Lochaya told Reuters in an interview his company signed a deal to develop new wind power projects in Vietnam last week with combined capacity of 700 MW. Thailand is leading a nascent boom in Southeast Asian...

  • The exploitation of the 57,000 hectare Sungai Putri forest, which is home to as many as 1,200 critically endangered orangutans, and Chinese investment in a related wood-processing plant is supported by provincial and district officials in West Kalimantan on the giant island of Borneo. The fires, which spread across 2.6 million hectares and blanketed parts...

  • LONDON, Aug 23- WPP, the world's largest advertising group, cut its full-year net sales outlook on Wednesday after it missed first-half targets due to a drop in demand from consumer goods clients and weak trading in the United States. WPP, led by the high profile businessman Martin Sorrell, reported first-half like-for-like net sales down 0.5 percent, below a...

  • TOKYO, Aug 23- Benchmark Japanese government bonds were steady on Wednesday, while the prices of longer maturities edged down from their gains in the previous session following a solid 20- year auction. On Tuesday, the bid-to-cover ratio at the Ministry of Finance's 20- year sale rose to 4.51 from the previous auction's 4.19, suggesting stronger demand for the...

  • TOKYO, Aug 23- Benchmark Japanese government bonds were steady on Wednesday, while the prices of longer maturities edged down from their gains in the previous session following a solid 20- year auction. On Tuesday, the bid-to-cover ratio at the Ministry of Finance's 20- year sale rose to 4.51 from the previous auction's 4.19, suggesting stronger demand for the...

  • *Investors await Jackson Hole speeches by Yellen, Draghi. *Spot gold may break support at $1,282/ oz- technicals. *ECB's Draghi to speak in Germany later on Weds.

  • More than 200 shareholder class action lawsuits are filed every year in the United States, typically alleging that misleading statements and omissions in market disclosures have caused a firm's share price to drop, according to statistics compiled from court filings by the Stanford Law School Securities Class Action Clearinghouse.

  • SHANGHAI, Aug 23- China's Chery Automobile Co wants to grow its share of overseas sales to a third of total sales, up from a quarter currently, but plans to do so organically and not through acquisitions, its chief executive said. Chen Anning told Reuters in an interview on Wednesday that while the company was open to forms of cooperation such as joint ventures, it was...

  • LONDON, Aug 23- WPP, the world's largest advertising group, cut its full-year net sales outlook on Wednesday after a drop in demand from consumer goods clients and weak trading in the United States led it to miss first-half targets. WPP, led by the high profile businessman Martin Sorrell, reported first-half like-for-like net sales down 0.5 percent, below a...

  • BEIJING, Aug 23- China's gasoline exports in July rose 5.9 percent from a year ago to the third-highest monthly level since at least 2000 while diesel exports remained high, customs data showed on Wednesday. China's July gasoline exports rose to 1.02 million tonnes, according to data from the General Administration of Customs. China's diesel exports in July...

  • *Victoria seeks 40 pct renewable energy by 2025. Victoria state Premier Daniel Andrews will introduce legislation to the state parliament this week to cement renewable energy targets, including 25 percent by 2020.. Victoria, a Labor-controlled state, will hold renewable energy auctions in which companies will bid to supply the market, the first of which is for...

  • BEIJING, Aug 23- China's trade with North Korea fell in July from a month earlier, data showed on Wednesday, as a ban on coal purchases from its isolated neighbor slowed imports amid growing pressure from the United States to rein in Pyongyang's missile program. The world's second-largest economy imported and exported goods worth $456.16 million in July, down...

  • President Donald Trump warned on Tuesday he might terminate the NAFTA trade treaty with Mexico and Canada after three-way talks failed to bridge deep differences. The United States, Canada and Mexico wrapped up their first round of talks on Sunday to revamp the trade pact with little sign of a breakthrough coming. "In a joint statement issued at the end of five...

  • President Donald Trump warned on Tuesday he might terminate the NAFTA trade treaty with Mexico and Canada after three-way talks failed to bridge deep differences. The United States, Canada and Mexico wrapped up their first round of talks on Sunday to revamp the trade pact with little sign of a breakthrough coming. "In a joint statement issued at the end of five...

  • President Donald Trump warned on Tuesday he might terminate the NAFTA trade treaty with Mexico and Canada after three-way talks failed to bridge deep differences. The United States, Canada and Mexico wrapped up their first round of talks on Sunday to revamp the trade pact with little sign of a breakthrough coming. "In a joint statement issued at the end of five...

  • President Donald Trump warned on Tuesday he might terminate the NAFTA trade treaty with Mexico and Canada after three-way talks failed to bridge deep differences. The United States, Canada and Mexico wrapped up their first round of talks on Sunday to revamp the trade pact with little sign of a breakthrough coming. "In a joint statement issued at the end of five...

  • President Donald Trump warned on Tuesday he might terminate the NAFTA trade treaty with Mexico and Canada after three-way talks failed to bridge deep differences. The United States, Canada and Mexico wrapped up their first round of talks on Sunday to revamp the trade pact with little sign of a breakthrough coming. "In a joint statement issued at the end of five...

  • President Donald Trump warned on Tuesday he might terminate the NAFTA trade treaty with Mexico and Canada after three-way talks failed to bridge deep differences. The United States, Canada and Mexico wrapped up their first round of talks on Sunday to revamp the trade pact with little sign of a breakthrough coming. "In a joint statement issued at the end of five...

  • TOKYO, Aug 23- Asian stocks steadied on Wednesday, taking a breather after the previous day's surge, lacking the momentum to keep up with a global rally spurred by gains for tech shares on Wall Street and miners in Europe. Spreadbetters expected a mixed start for European stocks, forecasting Britain's FTSE would open 0.15 percent lower, Germany's DAX to start 0.05...

  • *Focus on Aug. 24-26 Jackson Hole symposium. President Donald Trump raised the spectre of a government shutdown to fulfil a campaign pledge, but overall moves among major currencies were limited ahead of this week's Jackson Hole global central bankers' conference. "Investors are focusing much more on the upcoming Jackson Hole conference than on anything Trump...