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Wires

  • TOKYO, Oct 24- Oil prices inched up on Tuesday, supported by declining exports from southern Iraq. Oil exports from southern Iraq have fallen by 110,000 barrels per day this month, according to shipping data and an industry source, adding to the drop in flows caused by a shortfall from the northern Kirkuk fields when Iraqi forces retook control from Kurdish...

  • San Diego, Oct 23- Nine months after President Donald Trump took office, the first tangible signs of progress on one of the central promises of his campaign have appeared along the U.S. border with Mexico. A couple of miles from the bustling Otay Mesa border crossing in San Diego, eight towering chunks of concrete and steel stand as high as 30 feet tall against the sky,...

  • WASHINGTON, Oct 23- U.S. industries that rarely agree- gas drillers and renewable energy producers- urged a federal agency on Monday to dump a government directive to prop up ageing nuclear and coal plants, saying the electricity grid was already reliable. A group of 20 organizations including the Independent Petroleum Association of America and the Solar...

  • *Spot gold was up 0.1 percent at $1,283.36 an ounce by 0043 GMT. It hit its lowest since Oct. 6 at $1,271.86 in the previous session. President Donald Trump will urge President Xi Jinping to make good on his commitments to pressure North Korea when he visits China next month, a senior White House official said on Monday, stepping up a strategy to have Beijing help rein...

  • SINGAPORE, Oct 24- Energy demand in Southeast Asia is expected to climb nearly 60 percent by 2040 from now, with coal and oil leading growth in the region's power and transport sectors, the International Energy Agency said on Tuesday. Southeast Asia will become a key driver for energy demand globally as its economy triples in size and its total population grows by...

  • LONDON, Oct 23- Hedge fund managers continue to hold large bullish positions in crude and fuels, anticipating strong demand growth and output restraint will lift oil prices into a new, higher, trading range. Hedge funds and other money managers held a net long position equivalent to 883 million barrels in the five biggest futures and options contracts linked to...

  • WASHINGTON, Oct 23- The U.S. Commerce Department on Monday set preliminary antidumping duties on imports of biodiesel from Argentina and Indonesia, after an initial finding that the products used as motor fuel were being sold at prices below market value in the United States. The antidumping duties set range from 54.36 percent to 70.05 percent on soy-based...

  • TOKYO, Oct 24- The dollar edged down on Tuesday as attention turned to who would be the next head of the U.S. central bank. These include current Fed Chair Janet Yellen, whose term expires in February, as well as Fed Governor Jerome Powell, Stanford University economist John Taylor, Trump's chief economic advisor Gary Cohn, and former Fed Governor Kevin Warsh.

  • *China's 19th Communist Party Congress winds up on Tuesday. Investors are closely watching China and the 19th Communist Party Congress, which winds up on Tuesday and at which President Xi Jinping is expected to release the composition of the Standing Committee- the apex of power in the country. MSCI's broadest index of Asia-Pacific shares outside Japan was 0.1...

  • NEW YORK— A New York real estate developer and former business partner of President Donald Trump has bought a sketch of the Empire State Building drawn by Trump for $16,000 at an auction. Elie Hirschfeld, president of Hirschfeld Properties, purchased the 12- by-9-inch black marker depiction of the iconic New York City skyscraper at an auction in California and...

  • Oct 24- Agricultural chemicals maker Nufarm Ltd said it would buy a range of European crop protection product lines for $490 million to strengthen its position in Europe where it generates its highest crop protection margins. The portfolio is also expected to generate revenues of about A $250 million and earnings before interest, tax, depreciation and...

  • TOKYO, Oct 24- One of the Kobe Steel Ltd plants at the heart of a product data cheating scandal is being inspected by Japan's transport ministry, Kyodo News reported on Tuesday. Ministry officials started the checks on Monday at Kobe Steel's Daian plant in Mie prefecture west of Tokyo, Kyodo reported, citing a source close to the matter. Mitsubishi Heavy has said...

  • San Diego, Calif., Oct 23- Nine months after President Donald Trump took office, the first tangible signs of progress on one of the central promises of his campaign have appeared along the U.S. border with Mexico. A couple of miles from the bustling Otay Mesa border crossing in San Diego, eight towering chunks of concrete and steel stand as much as 30 feet tall against...

  • WASHINGTON, Oct 23- The U.S. Commerce Department on Monday set preliminary antidumping duties on imports of biodiesel from Argentina and Indonesia, after an initial finding that the products were being sold under market value in the United States. The department set antidumping duties ranging from 54.36 percent to 70.05 percent on soy-based biodiesel from...

  • Top Economic Events Polling Unit Diary Today in Washington Political and General News. 24- Oct United States Sale of 2- year notes 24- Oct United Kingdom Auction of 0 5/ 8% Index-linked Treasury Gilt 2042 25- Oct United States Sale of 2- year floating rate notes 25- Oct United States Sale of 5- year notes 25- Oct Germany Auction of 10- year Federal bonds 25- Oct...

  • STOCKHOLM- Swedish central bank holds monetary policy meeting no. 5- 0700 GMT. THURSDAY, OCTOBER 26 STOCKHOLM- Swedish Central Bank will hold a press conference on its interest rate decision. FRANKFURT- The European Central Bank releases monthly data on lending and money supply.

  • PANAMA CITY— The United States has lifted restrictions on two Panama newspapers wrapped up in money laundering allegations against their owner. Ambassador John Feeley says in a statement that Abdul Waked transferred his shares in La Estrella de Panama and El Siglo to a foundation. His nephew, Nidal Waked, was arrested on a U.S. warrant in Colombia in May 2016.

  • WASHINGTON, Oct 23- U.S. representatives from both parties asked the Department of Justice on Monday whether the domestic terrorism law would cover actions by protesters that shut oil pipelines last year, a move that could potentially increase political rhetoric against climate change activists. Ken Buck, a Republican representative from Colorado, said in a...

  • DALLAS _ Veritex Holdings Inc. on Monday reported third-quarter earnings of $5.2 million. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 30 cents per share. Veritex Holdings shares have risen roughly 1 percent since the beginning of the year.

  • NEW YORK— A JetBlue plane from Boston to Las Vegas that struck some birds shortly after takeoff has made a safe emergency landing in New York. JetBlue Airways Corp. spokeswoman Sharon Jones says Flight 877 landed safely at John F. Kennedy International Airport just before 7:30 p.m. Monday. JetBlue did not say if the plane suffered any damage.