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Wires

  • TOKYO, Dec 15- The dollar was on the defensive on Friday after wrangling over a bill to change the U.S. tax code dented confidence, while the euro sagged after the European Central Bank signaled it would maintain stimulus for as long as needed. The greenback was off 0.1 percent at 112.315 yen, having dropped to an eight-day low of 112.065 overnight.

  • *Wall Street slumps on concerns about U.S. tax reform bill. TOKYO, Dec 15- Asian shares edged higher on Friday, on track for weekly gains, though sentiment was kept in check by Wall Street's weakness on concerns about the progress of U.S. tax reform. MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.04 percent in early trade, poised to gain 1.2 percent...

  • TOKYO— A quarterly business outlook survey by Japan's central bank shows sentiment improved to its highest level in 11 years in a further upbeat signal for the economy. The Bank of Japan's "tankan" index for large manufacturers, released Friday, was 25 in December, up from 22 in September. The economy has gathered momentum thanks to a recovery in exports in tandem...

  • *Jan-Nov oil imports from Iran up 36.5 pct from yr ago. SEOUL, Dec 15- South Korea's Iranian crude oil imports in November dropped to the lowest level since June, due to reduced shipments from the Middle Eastern country to Asia affected by its production issues. South Korea's November imports from Iran were around 1.3 million tonnes, or 316,575 barrels per day,...

  • WASHINGTON, Dec 14- The U.S. Federal Communications Commission vote on Thursday to roll back net neutrality rules could galvanize young voters, a move Democrats hope will send millennials to the polls in greater numbers and bolster their chances in next year's elections. Democrats are hoping to paint the repeal of the rules by the FCC, which is now chaired by...

  • Dec 14- Oracle Corp on Thursday forecast current-quarter cloud revenue growth that missed Street expectations after reporting disappointing second-quarter sales in the same business, sending its shares down nearly 7 percent after hours. "Oracle has largely made the transition on SaaS but still have a lot of work ahead on transitioning the database...

  • TOKYO, Dec 15- Big Japanese manufacturers' business confidence improved for a fifth straight quarter in the three months to December to hit a 11- year high, a central bank survey showed, a sign the economy is gathering momentum from robust exports and booming corporate profits. It matched a high marked in December 2006. "The tankan results support the BOJ's bullish...

  • Dec 14- Elliott Management Corp is readying for a new fight with Hess Corp to help remedy what the activist hedge fund called on Thursday "continuing underperformance" by the U.S. oil and gas producer. This would be the second time the New York- based investment firm, which owned 6.6 percent of Hess as of Sept. 30 according to Thomson Reuters data, has targeted the...

  • *Big manufacturers' sentiment index at plus 25 vs f'cast. TOKYO, Dec 15- Big Japanese manufacturers' business confidence improved for a fifth straight quarter in the three months to December to hit a 11- year high, a central bank survey showed, a sign the economy is gathering momentum from robust exports and booming corporate profits. It matched a high marked in...

  • CHICAGO, Dec 14- Missouri has issued its first fines over the misuse of a farm chemical in 2016 that went on to be linked in different formulations to widespread U.S. crop damage this year, the state said on Thursday. Authorities fined eight people a total of $145,125 for improperly spraying the chemical known as dicamba, used to kill weeds, in what Missouri called "...

  • SAO PAULO, Dec 14- Brazil's real on Thursday sank to a nearly six-month low after lawmakers delayed a vote on a bill to cut social security benefits that is seen as a key measure to rein in the deficit. Brazilian President Michel Temer had said he hoped for a vote by Tuesday, but he has struggled to rally lawmaker support for the unpopular pension cuts, which many...

  • HOUSTON, Dec 14- Financiers keep pouring cash into the shale oil sector, providing producers with a path to keep U.S. output rising through the middle of the next decade. The United States is on track to deliver up to 80 percent of the world's oil production gains through 2025, the International Energy Agency estimates, increases fueled in part by easy access to...

  • Top Economic Events Polling Unit Diary Today in Washington Political and General News. 18- Dec Japan 1- year discount bill auction 18- Dec Norway Auction of Treasury bills 20- Dec Japan 3- month discount bill auction 20- Dec Sweden Auction of Treasury bills 26- Dec United States Sale of 2- year notes 26- Dec Japan Auction of 2- year government bonds 27- Dec...

  • TOKYO, Dec 15- Japanese big manufacturers' business confidence improved in December from three months ago, the Bank of Japan's closely watched quarterly "tankan" survey showed on Friday, in a sign the economy is gathering momentum. The headline index for big manufacturers' sentiment stood at plus 25 in December, and is expected to fall to plus 19 over the next three...

  • MOSCOW- Central Bank of Russia announces interest rate decision- 1030 GMT. SATURDAY DECEMBER 16 BANGKOK- ECB Executive Board member Benoit Coeure speaks at an event organized by the South East Asian Central Banks Board of Governors in Bangkok. BUDAPEST- Hungarian Central Bank to discuss the final version of the Inflation Report.

  • **BEIJING- Bank of England Governor Mark Carney to be the UK- China Economic and Financial Dialogue, Beijing. BRUSSELS- European Central Bank President Mario Draghi participating in European Council meeting in Brussels, Belgium. STOCKHOLM- Riksbank general council meeting- 0900 GMT.

  • LONDON, Dec 15- Britain hopes to seal a billion pounds worth of trade and investment agreements with China during weekend visit by finance minister Philip Hammond, Bank of England chief Mark Carney and senior executives. The Beijing visit is the latest instalment in long-running economic talks between the two states but it has now taken on new importance for...

  • LONDON, Dec 15- Britain kept the top spot in global financial services exports last year but Brexit threatens to raise barriers to its biggest market in Europe, TheCityUK said on Friday. The body, which promotes Britain as a financial centre, said banks, insurers, asset managers, and the accountants and lawyers who support them, netted a total trade surplus of $93.6...

  • Greg Gianforte is sponsoring legislation to withdraw land near Yellowstone National Park from future mining, after describing an identical Senate measure as "dead on arrival" in the House. Gianforte spokesman Travis Hall said the Republican has been working with other lawmakers to make sure the bill introduced Thursday can pass. Jon Tester, a Democrat, had...

  • DETROIT, Dec 14- Ford Chief Executive Jim Hackett said on Thursday the automaker is reviewing its product portfolio as consumers show a preference for sport utility vehicles that have fuel efficiencies closer to sedans. Ford has signaled a plan to stop producing mid-size Fusion sedans for North America at a plant in Mexico, people familiar with Ford's...