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Wires

  • *HK-> Shanghai Connect daily quota used 0.2 pct, Shanghai-> HK daily quota used 26.2 pct. SHANGHAI, Jan 22- China stocks rose Monday morning to new two-year highs, helped by gains in the defensive consumer and healthcare firms as well as a boost from tech shares. **China's blue-chip CSI300 index was up 0.75 percent, with its financial sector sub-index lower by 0.08 percent,...

  • TOKYO, Jan 22- Japanese government bond prices were little changed across the board on Monday, with results of a liquidity-enhancing auction highlighting firm underlying investor demand for debt. The benchmark 10- year yield was unchanged at 0.075 percent. The finance ministry sold 550 billion yen of off-the-run JGBs on Monday with the auction drawing ample...

  • TOKYO, Jan 22- The dollar regained some footing on Monday after slipping earlier on a U.S. government shutdown, supported by higher Treasury yields, while investors took a relatively calm view of the Washington wrangling. The Senate was expected to vote at 0600 GMT on whether to advance a measure to fund the government through Feb. 8. It is not reading too far into the...

  • The court in the capital Hanoi sentenced former Politburo member Dinh La Thang, ex-chairman of state energy giant PetroVietnam, to 13 years in jail for deliberate economic mismanagement Monday as the two-week trial concluded. Germany accuses Vietnam agents of snatching him from a Berlin park last year. Tuoi Tre newspaper quoted a Judge as saying the...

  • MELBOURNE, Jan 22- London copper on Monday edged higher from the $7,000 level that has marked support so far this year, as an upbeat mood among Japanese manufacturers added to a brightening picture for global metals demand. A resilient property market in China and a pick up in global manufacturing growth are adding to a rosier outlook for this year, said analyst...

  • HANOI, Jan 22- A court in Vietnam sentenced a former politburo member to 13 years in prison on Thursday for violating state regulations amid a widespread corruption crackdown, the state-run Voice of Vietnam reported. Dinh La Thang, a former chairman of state oil and gas group PetroVietnam, is the most senior politician to be charged in decades.

  • LAUNCESTON, Australia, Jan 22- It's getting to the time of year when a seasonal decline in thermal coal prices in Asia is to be expected as winter's demand peak passes- but so far the power station fuel is defying gravity. The price of spot cargoes of thermal coal from Australia's Newcastle port, a regional benchmark, ended at $108.75 a tonne on Jan. 19, within touching...

  • President Donald Trump abandoned last year, the new 11- member club risks getting bogged down by resistance from Canada. That is casting a shadow over a meeting of trade officials from member countries this week in Tokyo and is raising questions about the economic benefits of a pact that doesn't bring Canada into the fold. "The overall economic impact of the...

  • HONG KONG, Jan 21- Chinese sportswear retailer Pou Sheng International Ltd has received a proposal from Pou Chen Corp to be taken private that values it at around HK $11 billion, it said in a stock exchange filing on Sunday. Pou Chen Corp has offered Pou Sheng International a cancellation price of HK $2.03 per share, which represents a premium of around 31.82...

  • SINGAPORE, Jan 22- Oil prices climbed on Monday, pushed higher by comments from Saudi Arabia that cooperation between oil producers who are currently withholding supplies would continue beyond 2018.. Brent on Jan. 15 rose to $70.37, its highest since December 2014. Saudi Arabia, the world's top oil exporter and de-facto leader of the Organization of the...

  • *Speculators raise net gold longs in the week to Jan. 16. *Spot gold may drop to $1,323.70/ oz- technicals. Spot gold was mostly unchanged at $1,331.57 an ounce.

  • *China's SCIO applauds cities' efforts as "timely and effective". CHENGDU/ BEIJING, Jan 19- China's provincial capitals have discovered a way to keep apartment sales booming by making it much easier for graduates to get coveted household registration permits. The permits, known as hukou, have been used to control internal migration in China for many years.

  • *Investors dump Nikkei Double Inverse ETF. TOKYO, Jan 22- Japanese retail investors are pulling out of a popular bear market fund as a rally in the benchmark Nikkei index to 26- year highs prompts many market participants to ditch their contrarian strategies. The net asset value of Nomura's Next Funds Nikkei 225 Double Inverse Index ETF, dropped almost 24 percent...

  • TOKYO, Jan 22- Japan's Nikkei share average inched lower on Monday, with resource-related sectors including trading houses, steelmakers and shippers leading the losses as the U.S. government shutdown hurt risk appetite globally. The U.S. Senate set a vote for 12 p.m. on Monday for advancing a measure that would provide temporary government funding through Feb. 8...

  • *Soybeans climb to highest since Dec. 12 on Argentina dryness. SINGAPORE, Jan 22- Chicago soybean futures gained more ground on Monday with the market climbing to its highest in almost six weeks on concerns over dry weather in Argentina and delays in Brazilian harvest. The most-active soybean contract on the Chicago Board of Trade was up 0.5 percent at $9.82-1/ 2 a...

  • MELBOURNE, Jan 22- London copper climbed up on Monday from the $7,000 level that has marked support so far this year, as an upbeat mood at Japanese manufacturers added to a brightening picture for global metals demand. Prices last week edged down to $7,027, with the $7,000 as yet unbroken this year. Shanghai Futures Exchange copper cut early losses to trade down...

  • WASHINGTON, Jan 21- A U.S. government shutdown will enter its third day on Monday as Senate negotiators failed to reach a deal late on Sunday on Democrats' demand for legislation protecting "Dreamers," young people brought to the country illegally as children. The Senate set a vote for 12 p.m. on Monday on advancing a measure that would provide temporary government...

  • BEIJING, Jan 22- China's power consumption rose 6.6 percent in 2017 from the year before to 6.31 trillion kilowatt hours, according to data published on Monday by the National Energy Administration. China's total installed generation capacity reached 1,777.03 gigawatts by the end of 2017. Below is a table giving a breakdown of China's power consumption as...

  • *OPEC/ Russia led production deal set to last through 2018. *Turkish military fights Kurdish militia in Syria. SINGAPORE, Jan 22- Oil prices climbed on Monday, pushed higher by comments from Saudi Arabia that cooperation between oil producers who are currently withholding supplies in an effort to prop up the market would continue beyond 2018..

  • WASHINGTON, Jan 21- The U.S. Senate scheduled a vote for Monday at noon on a stopgap spending measure, canceling a planned vote for Monday at 1 a.m., ensuring that the federal government will remain closed when the work week begins. It would be my intention to proceed to legislation that would address DACA, border security and related issues. It is also my intention to...