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  • SYDNEY, Sept 22- Apple Inc's iPhone 8 launch in Sydney, one of the first cities to access the product in Australia, saw a bleak turnout as fans held out for the soon-to-be-released premium iPhone X. Hundreds of people usually gather at Apple's Sydney city store with queues winding down the town's main street, George Street, when there is a new product release.

  • *Wheat was supported as excessive rains in Argentina have threatened yield prospects, while Australia's crop has suffered from persistent dryness in the east. *The USDA reported export sales of U.S. soybeans in the latest week at more than 2.3 million tonnes, topping a range of trade estimates for 1.2 million to 1.5 million tonnes. *USDA said private exporters...

  • *N Korea tensions, China downgrade weigh on risk sentiment. TOKYO, Sept 22- The dollar edged down on the yen in early Friday trade against a backdrop of simmering tensions on the Korean peninsula, though the sharp divergence between U.S. and Japanese monetary policy contained the greenback's losses. North Korean Foreign Minister Ri Yong Ho said on Friday he...

  • Sept 22- Gold edged up from a four-week low on Friday as the latest twist in tensions between the United States and North Korea prompted investors to seek out the safe-haven asset. President Donald Trump ordered new sanctions against North Korea on Thursday and Pyongyang's leader defiantly vowed to persist with its nuclear and missile programmes and said it...

  • The rebalancing process was never going to happen overnight; it was never going to happen in a linear fashion; and it was always going to require a concerted effort, OPEC observed. OPEC has often stated that it wants to see the contango narrow as part of the rebalancing process. Crude in floating storage has fallen by 30 million barrels since the start of the year,...

  • *Yen's reaction limited to new U.S. sanctions on North Korea. MSCI's broadest index of Asia-Pacific shares outside Japan handed back earlier gains and was down 0.1 percent after falling 0.7 percent the previous day. "It is difficult to pass a verdict on the Fed's stance until it actually starts its balance sheet reduction and the markets can gauge its effects,"...

  • The Organization of the Petroleum Exporting Countries and other producers are set to meet in Vienna at 0800 GMT on Friday to discuss a possible extension of an oil supply cut deal to prop up prices. The two OPEC members have both been invited to the meeting. OPEC and some non- OPEC producers including Russia first agreed in November last year to cut their output by...

  • The stepped-up negotiations come with four more rounds of talks left after Ottawa and a self-imposed year-end deadline to finish the talks before Mexico launches campaigning for its July presidential election. The first two rounds of talks between the United States, Canada and Mexico focused on consolidating language on chapters covering small and...

  • SAN FRANCISCO, Sept 21- Facebook Inc on Thursday launched an overhaul of how it handles paid political advertisements, giving a concession to U.S. lawmakers who have threatened to regulate the world's largest social network over secretive ads that run during election campaigns. Zuckerberg, broadcasting live on Facebook from company headquarters in Menlo...

  • LONDON/ MELBOURNE, Sept 21- Flush with cash, Rio Tinto said it would buy back an additional $2.5 billion worth of its shares, dishing out the proceeds from a sale of coal assets earlier than some had expected. "It's not a surprise, but it's probably a bit earlier than people factored in," said James Eginton, an analyst at Tribeca Investment Partners, a Rio Tinto...

  • SAN FRANCISCO— A California dentist who was aboard an Asiana Airlines plane that crashed in San Francisco four years ago— killing three girls and injuring roughly 200 others— reached a settlement Thursday with the airline, ending what her attorney said was the last pending lawsuit in the U.S. stemming from the crash. Ronald Goldman, an attorney for Kyung Rhan Rha,...

  • *Myanmar seen at turning point for luring western funds. *China's influence in Myanmar seen growing. YANGON/ HONG KONG, Sept 22- When officials from Myanmar's commercial capital Yangon toured six European countries in June, they were hoping to drum up investment in transport, energy and education.

  • BRASILIA/ SAO PAULO, Sept 21- Hong Kong authorities on Thursday suspended meat imports from a Brazilian exporter and two producers on suspicions that health certificates had been falsified for 10 shipments of frozen chicken feet and livestock offal. Some shipments should have only been intended as pet food, Hong Kong's Centre for Food Safety said in a...

  • Top Economic Events Polling Unit Diary Today in Washington Political and General News. 26- Sept United States Sale of 2- year notes 26- Sept Germany Auction of 2- year Treasury notes 26- Sept Italy Zero-coupon/BTPi auction 26- Sept Japan Auction of 40- year government bonds 27- Sept United States Sale of 2- year floating rate notes 27- Sept United States Sale...

  • Top Economic Events Polling Unit Diary Today in Washington Political and General News. 26- Sept United States Sale of 2- year notes 26- Sept Germany Auction of 2- year Treasury notes 26- Sept Italy Zero-coupon/BTPi auction 26- Sept Japan Auction of 40- year government bonds 27- Sept United States Sale of 2- year floating rate notes 27- Sept United States Sale...

  • DUBLIN- ECB President Mario Draghi gives Keynote speech at Henry Grattan Lecture Invitation organized by Trinity College in Dublin- 0830 GMT. FRANKFURT- ECB Vice President Vitor Constancio gives closing remarks at the ECB conference "Low inflation: Lessons from the past! FRANKFURT- ECB Vice President Vitor Constancio chairing panel "Macroprudential policy...

  • DUBLIN- ECB President Mario Draghi gives Keynote speech at Henry Grattan Lecture Invitation organized by Trinity College in Dublin- 0830 GMT. FRANKFURT- ECB Vice President Vitor Constancio gives closing remarks at the ECB conference "Low inflation: Lessons from the past! FRANKFURT- ECB Vice President Vitor Constancio chairing panel "Macroprudential policy...

  • NEW YORK, Sept 21- U.S.-based taxable-bond funds took in $7 billion during the latest week, the largest weekly intake since July, adding to an already strong year for debt against the backdrop of a rate-hiking cycle, Lipper data showed on Thursday. Taxable-bond mutual funds and exchange-traded funds have now brought in nearly $219 billion this year in the United...

  • WASHINGTON, Sept 21- The United States will present new text proposals and begin to weigh into thornier issues in the next round of negotiations of the North American Free Trade Agreement starting in Ottawa on Saturday, U.S. chief negotiator John Melle said on Thursday. "With progress made in several issue areas in the first two NAFTA negotiation rounds, USTR...

  • He pointed to city of Buenos Aires mayor Horacio Rodriguez Larreta, Macri's Cabinet Chief Marcos Pena, and Maria Eugenia Vidal, the governor of Buenos Aires and the most popular politician in Argentina, according to several polls. "Mauricio's strategy has always been: in the first two years we can start a transformation, but the point at which we will know if it is...