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  • TOKYO, May 21- U.S. stock futures jumped on Monday as U.S. Treasury Secretary Steven Mnuchin said the U.S. trade war with China is "on hold" after the world's two largest economic powers agreed to drop their tariff threats while they work on a wider trade agreement. Japan's Nikkei ticked up 0.1 percent while MSCI's broadest index of Asia-Pacific shares outside Japan...

  • MELBOURNE, May 21- London copper edged higher on Monday after a truce in a trade row between China and the United States soothed concerns the dispute could escalate, however headwinds from a stronger dollar capped gains. *Shanghai Futures Exchange copper also edged up by 0.4 percent to 51,410 yuan a tonne. *CHINA ECONOMY: China's economy will likely expand around...

  • BEIJING, May 21- Top Chinese oil and gas producer PetroChina is stepping up natural gas supplies from both domestic fields and imports to meet customer demand, parent company CNPC said on Monday. PetroChina raised April gas supplies by 14 percent over a year earlier, CNPC said on its website, without giving specific volumes. PetroChina lifted production in the...

  • Deputy Secretary of State John Sullivan underscored the importance of concluding a new NAFTA trade deal in talks on Sunday with Mexican Foreign Minister Luis Videgaray on the sidelines of the G-20 foreign ministers meeting in Buenos Aires. Canada, the United States and Mexico are renegotiating the North American Free Trade Agreement.

  • TOKYO, May 21- Japan's exports accelerated in April on increased shipments of cars and machines used to make semiconductors, with rising volumes suggesting healthy overseas demand could help the economy recover quickly from a dip in the first quarter. Exports are likely to continue to grow thanks to increased demand for manufacturing equipment, cars and car...

  • *U.S., China drop tariff threats amid work on wider agreement. *Oil markets tight amid OPEC- cuts, looming U.S. sanctions vs Iran. SINGAPORE, May 21- Oil prices rose on Monday as markets reacted to news that China and the United States have put a looming trade war between the world's two biggest economies "on hold."

  • Treasury Secretary Steven Mnuchin said the U.S. trade war with China was "on hold." *Italy's two anti-establishment parties promised on Friday to ramp up spending in a program for a new coalition government, putting them on a collision course with the European Union despite having dropped some of their most radical proposals. *The EU is not doing enough to preserve...

  • SINGAPORE, May 21- The dollar edged up against the yen on Monday, after U.S. Treasury Secretary Steven Mnuchin said the U.S. trade war with China is "on hold," boosting risk sentiment amid hopes for an easing of trade tensions between the world's two biggest economies. The easing of U.S.- China trade tensions is likely to underpin riskier assets such as equities and...

  • *U.S., China drop tariff threats amid work on wider agreement. Oil markets tight amid OPEC- cuts, looming U.S. sanctions vs Iran. SINGAPORE, May 21- Oil prices rose on Monday, lifted by news that China and the United States had put a looming trade war between the world's two biggest economies "on hold."

  • SYDNEY, May 21- U.S. soybeans rose more than 2 percent on Monday after the United States and China agreed to drop tariff threats, easing fears about demand for North American oilseeds. Analysts said the market was drawing comfort from an easing of tensions between the United States and China. "The U.S. and China have reached some sort of an agreement because, as much...

  • May 21- Australia's Santos Ltd on Monday said it had received an improved $10.84 billion offer from U.S.-based suitor Harbour Energy, a proposal that comes at a time when oil prices are at their highest since late 2014.. The new offer is equivalent to A $6.95 a share at an exchange rate of 75 U.S. cents to 1 Australian dollar, and is at an 11.2- percent premium to the...

  • MONDAY, MAY 21 ATLANTA- Federal Reserve Bank of Atlanta President Raphael Bostic speaks on "Welfare Economics: Trade and a Review of Principles" before the Atlanta Economics Club- 1615 GMT. NEW YORK- Federal Reserve Bank of Philadelphia President Patrick Harker participates in conversation before the Chief Executives Organization's CEO Financial Seminar...

  • MONDAY, MAY 21 ATLANTA- Federal Reserve Bank of Atlanta President Raphael Bostic speaks on "Welfare Economics: Trade and a Review of Principles" before the Atlanta Economics Club- 1615 GMT. NEW YORK- Federal Reserve Bank of Philadelphia President Patrick Harker participates in conversation before the Chief Executives Organization's CEO Financial Seminar...

  • Federal Reserve Today in Washington. 22- May United States Sale of 2- year notes 22- May Japan Auction of 20- year government bonds 22- May Spain Auction of 3- and 9- month Treasury bills 23- May United States Sale of 2- year floating rate notes 23- May United States Sale of 5- year notes 23- May Germany Auction of 2- year Treasury notes 24- May United States Sale of...

  • TOKYO, May 21- Japan's exports rose 7.8 percent in April from a year earlier, Ministry of Finance data showed on Monday, highlighting a rebound in demand from overseas economies. The trade balance came to a surplus of 626.0 billion yen, versus the median estimate for a 405.6 billion yen surplus. To view full tables, go to the website of the Ministry of Finance at:...

  • TOKYO, May 21- U.S. stock futures jumped on Monday as U.S. Treasury Secretary Steven Mnuchin said the U.S. trade war with China is "on hold" after the world's two largest economic powers agreed to drop their tariff threats while they work on a wider trade agreement. While they still need to work out details of a wider trade deal, it is positive for markets that they struck...

  • *Shell, ENI face corruption trial over oil deal in Nigeria. LONDON, May 21- Seven years ago, two middlemen launched civil lawsuits to seek payment for helping arrange a $1.3 billion oil deal in Nigeria. The criminal trial will proceed in Milan on June 20 after a short initial hearing on May 14.

  • LONDON, May 21- A fall in the number of European Union applicants for jobs in British factories has become less sharp but manufacturers remain worried about being able to find skilled workers from the bloc after Brexit, according to a report published on Monday. Britain's decision to leave the EU in a referendum in 2016 has raised concerns among employers in...

  • WASHINGTON, May 20- The U.S. trade war with China is "on hold" after the world's largest economies agreed to drop their tariff threats while they work on a wider trade agreement, U.S. On Saturday, Beijing and Washington said they would keep talking about measures under which China would import more energy and agricultural commodities from the United States to...

  • NEW YORK, May 20- U.S. 10- Year treasury note futures prices were down slightly on Sunday evening, after U.S. Treasury Secretary Steven Mnuchin said earlier that the U.S. trade war with China was "on hold." President Donald Trump's top economic adviser, Larry Kudlow, said an agreement reached by Chinese and American negotiators on Saturday set up a framework for...