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  • TOKYO, Jan 17- The price of bitcoin extended its sharp tumble of the past 24 hours, dropping more than seven percent on the Bitstamp exchange on Wednesday, spooked by worries regulators may try to clamp down on the highly-volatile trading in the digital currency.

  • SINGAPORE, Jan 17- Chicago wheat futures were little changed on Wednesday, with the market trading near last session's one-month low as ample global supplies and higher than previously expected U.S. winter crop planting kept a lid on prices. Soybeans ticked lower, giving up some of the gains recorded in the previous session which had lifted prices to a one-week...

  • BITCOIN FALLS MORE THAN 7 PERCENT ON BITSTAMP EXCHANGE.

  • *Spot gold to test $1,357.54/ oz- technicals. Spot gold was up 0.1 percent at $1,341 an ounce by. It touched its strongest since Sept. 8 at $1,344.44 on Monday.

  • *2- day meeting ends Jan 23, decision expected 0330-0500 GMT. TOKYO, Jan 17- Japan's central bank is set to maintain upbeat price forecasts next week and paint a slightly better picture of the economy than it did three months ago, signaling its conviction the country is making slow but steady progress in eradicating deflation. Bank of Japan Governor Haruhiko...

  • TOKYO, Jan 17- Japanese orders for machinery surged to their highest level in a decade in November, in a sign businesses may finally be responding to policymakers' efforts to get companies to spend their massive cash piles to spur economic growth. The key gauge of capital expenditure was issued just as Japan's top business lobby urged companies to raise wages by 3...

  • BEIJING, Jan 17- Shanghai aluminum prices extended declines into a second day on Wednesday as improving weather conditions smoothed the flow of ingots from China's remote northwestern Xinjiang region to the east of the country. *SHANGHAI ALUMINIUM: The most-traded March contract on the Shanghai Futures Exchange was down 1.6 pct at 14,655 yuan a tonne at 0224...

  • BEIJING, Jan 17- Shanghai aluminium prices extended declines into a second day on Wednesday as improving weather conditions smoothed the flow of ingots from China's remote northwestern Xinjiang region to the east of the country. *SHANGHAI ALUMINIUM: The most-traded March contract on the Shanghai Futures Exchange was down 1.6 pct at 14,655 yuan a tonne at 0224...

  • TOKYO, Jan 17- Japan's Nikkei share average dropped on Wednesday morning as mining, oil and shipping stocks lost ground, while Bitcoin-related stocks tumbled after the cryptocurrency's value slid on worries about tighter regulations. The Nikkei dropped 0.5 percent to 23,823.95 in midmorning trade. Bitcoin's slide triggered a selloff across the broader...

  • *Spot gold was up 0.3 percent at $1,341.96 an ounce by 0123 GMT. It touched its strongest since Sept. 8 at $1,344.44 on Monday. *Three sources close to European Central Bank policy-making told Reuters that the ECB is unlikely to ditch a pledge to keep buying bonds at next week's meeting as rate setters need more time to assess the outlook for the economy and the euro.

  • SYDNEY, Jan 17- U.S. wheat futures edged higher for the first time in four sessions on Wednesday, though prices continued to linger near more than one-month lows as ample global supplies continued to weigh. *The most active wheat futures on the Chicago Board Of Trade were up 0.1 percent at $4.16-3/ 4 a bushel by 0124 GMT, having closed down 1 percent on Tuesday when...

  • Prices have been driven up by production curbs in OPEC nations and Russia, as well as by healthy demand-growth. Brent crude futures were at $69.35 at 0124 GMT, up 20 cents, or 0.3 percent, from their last close. In an effort to tighten markets and prop up prices, the Organization of the Petroleum Exporting Countries and Russia started to withhold production in...

  • BEIJING, Jan 17- An Iranian oil tanker that sank in the East China Sea has left two oil slicks covering a combined 109 square kms, the Chinese government said late on Tuesday, as maritime police scour the area for damage. Satellite imaging showed a slick of 69 square kms and a second 40 square km slick, which is less thick and not as concentrated, the State Oceanic...

  • SHANGHAI, Jan 17- China's central bank set its official yuan midpoint at a more than two-year high on Wednesday at 6.4335 per dollar, underpinned by a solid spot yuan performance a day earlier and broad dollar weakness in global markets overnight. Wednesday's official midpoint was 37 pips, or 0.06 percent, firmer than the previous fix of 6.4372 on Tuesday and was...

  • DETROIT, Jan 16- Ford Motor Co on Tuesday estimated financial results for 2017 and 2018 that fell short of investor expectations, in a downbeat forecast that contrasted with a more positive outlook from rival automaker General Motors Co.. Ford Chief Financial Officer Bob Shanks told analysts at an investor conference in Detroit that higher costs for steel,...

  • TOKYO, Jan 17- The dollar fell to a three-year low against its peers on Wednesday, with an earlier bounce sputtering as the euro edged back after shaking off a potentially negative turn in German politics. The dollar is bound to stay weak when such views prevail, "said Yukio Ishizuki, senior currency strategist at Daiwa Securities in Tokyo. The euro was 0.3 percent...

  • Jan 16- Oracle Corp said on Tuesday it issued a critical patch that provides fixes for certain of its products for Intel Corp chip flaws. The critical patch contains 237 new security fixes across several Oracle products, the company said on its website. http://bit.ly/2mM8rRD. Separately, technology website The Register reported, citing a document in Oracle's...

  • Jan 16- An attempt by Qatar- owned film company Miramax to buy Weinstein Co. has complicated plans to sell the studio to a group of investors led by former Obama administration official Maria Contreras-Sweet, the Los Angeles Times reported on Tuesday, citing people familiar with the matter. But Harvey and Bob Weinstein, who co-founded Weinstein Co. in 2005 and...

  • *Resource shares lead loss in Asia as oil dip on profit-taking. TOKYO, Jan 17- Asian stocks stepped back from a record high on Wednesday as the region's resource shares were dented by falling oil and commodity prices while digital currencies tumbled on worries about tighter regulations. MSCI's broadest index of Asia-Pacific shares outside Japan dropped 0.1...

  • LONDON, Jan 16- Hedge funds and other money managers have boosted their bullish position in oil to a new record, but with crude taking over from fuels as the main target of fresh buying. Hedge funds boosted their net long position in the six most important futures and options contracts linked to crude and fuels by 67 million barrels to a record 1,399 million barrels...