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CNBC Utilities Page Wires

  • *Q1 corporate debt up 3 pct to $2.1 trln-Reuters analysis. SHANGHAI/ BENGALURU, May 25- Debt growth for Chinese companies has slowed to the lowest rate in more than a decade, according to Reuters analysis, which could provide relief for policymakers worried about the fallout from years of loose lending practices across the economy. The overall debt levels of...

  • EXCLUSIVE- CHINA'S Q1 CORPORATE NET PROFIT MARGIN WEAKENS TO 6.73 PCT FROM 7.20 PCT YEAR AGO-REUTERS ANALYSIS.

  • EXCLUSIVE- CHINA'S Q1 CORPORATE REVENUE GROWTH EASES TO 12.27 PCT FROM 26.74 PCT YEAR AGO-REUTERS ANALYSIS.

  • EXCLUSIVE- CHINA'S Q1 CORPORATE DEBT RISES 3 PCT Y/Y, SLOWEST PACE IN AT LEAST 13 YEARS-REUTERS ANALYSIS.

  • *Q1 corporate debt up 3 pct to $2.1 trln-Reuters analysis. SHANGHAI/ BENGALURU, May 25- Debt growth for Chinese companies has slowed to the lowest rate in more than a decade, according to Reuters analysis, which could provide relief for policymakers worried about the fallout from years of loose lending practices across the economy. The overall debt levels of...

  • *Russia has been withholding supply with OPEC since 2017. OPEC, non- OPEC producers to meet in June to discuss production. SINGAPORE, May 25- Oil prices eased on Friday as Russia hinted it may gradually increase output, after having withheld supplies in concert with producer cartel OPEC since 2017..

  • As of Wednesday, it was the top most downloaded free social networking app for iOS users in China, surpassing even Tencent Holdings Ltd's WeChat, analytics firm App Annie said. SeekingArrangement's public account on WeChat disappeared this week amid the rising popularity that has spurred comparisons of the app to prostitution in China.

  • BEIJING, May 25- Most base metals rose on Friday, led by nickel in Shanghai as investors bet that demand for the metal would increase in line with China's electric vehicle boom. *NICKEL: Shanghai nickel cut its gains to 2.2 percent by the mid-session interval, standing at 110,370 yuan a tonne. *COPPER: London copper rose 0.1 percent to $6,887 a tonne smelter in India.

  • *Plans to launch commodities which are in strong demand in China. SINGAPORE/ KUALA LUMPUR, May 25- Singapore's third derivatives exchange kicked off trading on Friday with the launch of palm oil futures, as the largely China- backed bourse looks to get a foothold in the region in preparation for other contracts down the line. "Right now, China's market is more...

  • Commerce Secretary Wilbur Ross will arrive in Beijing on Saturday for more talks on settling a sprawling dispute over technology policy and China's trade surplus with the United States. An announcement by the official Xinhua News Agency said Friday the two sides will "continue negotiations on Chinese-U.S. economic and trade issues" but gave no details.

  • *Asia worst hit region from rise in global oil prices. BANGKOK/ MANILA, May 25- Sujinda Cherdchai, who represents inter-regional bus operators in Thailand, told government officials this week that without any government support her industry has two options: higher fares or cutting services for some routes. A tough balancing act between scaling down business,...

  • SHANGHAI, May 25- China's yuan eased against the U.S. dollar on Friday as the central bank lowered its midpoint to the weakest in four months, but losses were limited by rising corporate dollar selling. The Chinese currency is on course for its second straight losing week and is now hovering around 4- month lows versus the dollar amid ongoing trade frictions...

  • NEW YORK, May 25- The Meghan Markle effect has spread to yellow gold jewelry, helping boost United States sales in the first quarter of 2018 with further gains expected, jewelers said. Sellers say that is due in no small part to the public's fascination with American actor Meghan Markle, who was engaged to Britain's Prince Harry last November and who married him in a...

  • NEW YORK, May 25- The Meghan Markle effect has spread to yellow gold jewelry, helping boost United States sales in the first quarter of 2018 with further gains expected, jewelers said. Sellers say that is due in no small part to the public's fascination with American actor Meghan Markle, who was engaged to Britain's Prince Harry last November and who married him in a...

  • NEW YORK, May 25- The Meghan Markle effect has spread to yellow gold jewelry, helping boost United States sales in the first quarter of 2018 with further gains expected, jewelers said. Sellers say that is due in no small part to the public's fascination with American actor Meghan Markle, who was engaged to Britain's Prince Harry last November and who married him in a...

  • VTB MAY CONSIDER BUYING SOCHI AIRPORT FROM DERIPASKA FIRM IF IT RECEIVES SUCH OFFER- SOLOVIEV.

  • RUSSIA'S VTB ACQUIRED ANAN'S STAKE IN EN+ AFTER MARGIN CALL, VTB CURRENTLY OWNS 9.6 PCT IN EN+- VTB FIRST DEPUTY CEO SOLOVIEV.

  • MOSCOW, May 25- VTB, Russias second-largest lender, has increased its stake in sanctions-hit En+, which manages the aluminium and hydropower assets of businessman Oleg Deripaska, after making a margin call on one of En+ s minority shareholders, the banks first deputy chief executive said. VTB had financed the purchase of a 6.25 percent stake in En+ by Singapore's...

  • NEW YORK, May 25- Filling the fuel tank for vacation driving this summer will be pricier than it has been in nearly four years for American motorists, as gasoline prices nationwide rise toward the expected average seasonal price of $3 a gallon. The U.S. Energy Information Administration expects gasoline consumption to be unchanged in 2018 from 2017 as...

  • VTB'S SOLOVIEV SAYS DOES NOT THINK THAT THE STATE WILL BUY DERIPASKAS STAKE IN EN+.