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  • ANKARA, Turkey— Turkey's currency remains steady against the dollar despite an apparent threat of possible new sanctions by U.S. Investors, already worried about Turkey's economy, were irked by a diplomatic and trade dispute with the United States over the continued detention of an American pastor Andrew Brunson on espionage and terror-related charges.

  • HELSINKI, Aug 17- Rovio Entertainment, the maker of the "Angry Birds" mobile game series and movie, on Friday reported an increase in second-quarter sales at its games business, providing a positive sign for investors after a profit warning in February. Second-quarter adjusted operating profit fell to 6 million euros, down from 16 million euros a year earlier and...

  • LONDON, Aug 17- The euro rose for a second day in a row on Friday as hopes that next week's talks between the United States and China will ease trade tensions between the two pushed the dollar lower. The euro has been under pressure in recent weeks on worries about euro zone bank exposure to Turkey after the lira crashed this month. Concerns that Italy's governing...

  • Aug 17- Elon Musk's rocket company, SpaceX, could help fund a bid to take electric car company Tesla Inc private, the New York Times reported on Thursday, quoting people familiar with the matter. Musk startled Wall Street last week when he said in a tweet he was considering taking the auto company private for $420 per share and that funding was "secured."

  • *WH Group ordered to shut Zhengzhou plant for 6 weeks. *Previously undetected in China or East Asia. The discovery of infected pigs in Zhengzhou city, in central Henan province, about 1,000 kilometers from the first case ever reported in China, pushed pig prices lower on Friday and stirred animal health experts' fears of fresh outbreaks- as well as food safety...

  • *India in March raised import tax on palm oil to 54 pct. *Buys palm oil from Indonesia and Malaysia. MUMBAI, Aug 17- India's palm oil imports are likely to fall 15 percent in 2017/ 18 from the year before to their lowest in six years, hit by a hike in import taxes, a weaker rupee and tighter credit for would-be buyers, a senior industry official told Reuters.

  • Aug 17- Euro zone bond yields fell on Friday as upcoming talks between China and the U.S. eased concerns about trade, but further sanctions were threatened on Turkey, tempering a return to riskier assets and leaving bund yields pinned to recent lows. But threats of further economic sanctions on Turkey from Washington on Thursday caused the lira to weaken to 5.86...

  • LONDON, Aug 17- European shares were slightly higher at the open on Friday as investors exerted caution about the Turkish lira recovery as well as China and the United States' latest efforts to avert a trade war. While the mood was upbeat on Wall Street with gains for the main indexes, in Asia, Chinese shares markets were hardly impressed, with the Shanghai composite...

  • Putin is facing the possibility of more U.S. sanctions on Russia imposed by Trump, and has an interest in softening or heading off any European support for them. Stefan Meister, a Russia expert at the German Council on Foreign Relations, said that there is "an increased interest on both sides to talk about topics of common interest" and that, in part because of Trump,...

  • *Shanghai stocks close lower, blue-chip CSI300 index down. *Gains in Shanghai stocks led by Zhe Jiang Dong Ri Ltd Co and losses by MeiDu Energy Corp. SHANGHAI, Aug 17- Shanghai stocks closed at a near 31- month low on Friday, dragged down by a slump in healthcare firms amid a vaccine scandal fallout, but planned talks between the United States and China helped ease trade...

  • BEIJING, Aug 17- Japan's Toyota Motor Corp will build additional capacity at its auto plant in China's Guangzhou, a company source said, in addition to beefing up production at a factory in Tianjin city by 120,000 vehicles a year. A person close to the company said Toyota will build capacity at the production hub in the south China city of Guangzhou to also produce...

  • *To list the unit in Copenhagen in 2019. COPENHAGEN, Aug 17- Danish shipping company A.P. Moller-Maersk said on Friday it would spin off its offshore drilling operation and list it in Copenhagen next year as it focuses entirely on transport and logistics.

  • KUALA LUMPUR, Aug 17- Malaysia cut its full-year growth forecast and reported much slower second-quarter expansion on Friday, as the country reviews mega projects and tackles a massive debt left by the previous government. Weaker growth figures were expected, analysts say, due to global uncertainties and questions raised by Mahathir Mohamad's stunning...

  • RPT- SHANGHAI COMPOSITE INDEX CLOSES DOWN 1.3 PCT AT 2,668.97 POINTS.

  • percent at $5,880.50 a tonne, as of 0705 GMT, while the most-traded contract on the Shanghai Futures Exchange finished 10 yuan lower at 47,700 yuan a tonne. INFRASTRUCTURE SPENDING: China almost quadrupled the value of fixed-asset investment projects approved in July from the previous month as Beijing looks to accelerate infrastructure spending to...

  • *Trump say "we are cutting back on Turkey". *Finance minister says Turkey will emerge stronger. ISTANBUL, Aug 17- The Turkish lira strengthened against the dollar on Friday as investors weighed up a U.S warning that Turkey should expect more economic sanctions unless it hands over detained American pastor Andrew Brunson.

  • Adoption of the single currency ushered in an era of cheap credit that funded a splurge in private consumption and public spending that sent Greece's budget and current deficits ballooning. Since the debt crisis exploded in early 2010, four successive governments have fought to keep bankruptcy at bay, relying on the biggest bailout in economic history, more...

  • COPENHAGEN, Aug 17- Danish shipping company A.P. Moller-Maersk said on Friday it would spin off its offshore drilling operation and list it in Copenhagen next year as it focuses entirely on transport and logistics. The Danish company, which cut its full-year profit outlook this month, last year sold Maersk Oil to French oil major Total in a $7.5 billion deal as...

  • JOHANNESBURG, Aug 17- South Africa's rand steadied in early trade on Friday after being rattled overnight by news that the opposition Economic Freedom Fighters has introduced a bill to nationalize the central bank. The ruling African National Congress also tabled a motion calling for full public ownership of the central bank in March but then withdrew it...

  • JOHANNESBURG, Aug 17- South Africa's rand steadied in early trade on Friday after being rattled overnight by news that the opposition Economic Freedom Fighters has introduced a bill to nationalise the central bank. The ruling African National Congress also tabled a motion calling for full public ownership of the central bank in March but then withdrew it...