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  • TAIPEI, Jan 17- Taiwan will not bow to Chinese pressure and called for international support against Beijing's "out-of-control actions," a presidential spokesman said on Thursday, after Beijing urged companies to change the way they refer to the self-ruled island. Companies including Apple and Amazon have "wrongly labeled" Taiwan and should take immediate...

  • WASHINGTON, Jan 16- In a victory for President Donald Trump, the U.S. Senate on Wednesday rejected legislation to keep sanctions on companies linked to Russian oligarch Oleg Deripaska, including aluminum firm Rusal. That result fell short of the 60 votes necessary to advance to a final passage vote in the 100- member Senate, where Republicans have a 53-47 seat...

  • TOKYO, Jan 17- Japan's Nikkei share average started higher on Thursday but quickly reversed course as investors remained cautious about the outlook for riskier assets. Lifted by an overnight bounce on Wall Street, the index initially rose as much as 0.7 percent to 20,571.75. "The Nikkei is now back in the premises of the 20,500 threshold, and this appears to have...

  • WASHINGTON, Jan 16- A bipartisan group of U.S. lawmakers introduced bills on Wednesday that would ban the sale of U.S. chips or other components to Huawei Technologies Co Ltd, ZTE Corp or other Chinese telecommunications companies that violate U.S. sanctions or export control laws. At that time, Washington had announced an indictment against Chinese chipmaker...

  • BEIJING, Jan 17- Some defaults in China's bond market may not be a bad thing, a central bank vice governor said on Thursday, adding that the country's bond market default ratio is still relatively low. The default ratio of the bond market was at 0.8 pct at end-2018, lower than commercial banks' non-performing loan ratio of 1.89 pct, Pan Gongsheng, vice governor at the...

  • Growth momentum has been easing for some time in Britain, Canada, France and Italy and there were tentative signs of slackening momentum in the United States and Germany in November. In the last 50 years, whenever the index has fallen below 99.3, there has almost always been a recession in the United States. The one exception was the weakening of the index in 1998,...

  • SINGAPORE, Jan 17- London copper prices rose for a third straight session on Thursday as China's move to inject liquidity into the financial system boosted expectations of higher demand in the world's top industrial metals consumer. *Three-month copper on the London Metal Exchange rose 0.3 percent to $5,987 a tonne by 0130 GMT while the most-traded contract...

  • *U.S. to become net fuel exporter in 2020- Julius Baer. *OPEC leads efforts to cut supply to rein in glut. West Texas Intermediate crude futures were at $52 per barrel at 0140 GMT, down 31 cents, or 0.6 percent, from their last settlement.

  • WASHINGTON, Jan 16- In a victory for President Donald Trump, the U.S. Senate on Wednesday rejected legislation to keep sanctions on companies linked to Russian oligarch Oleg Deripaska, including aluminum firm Rusal. That result fell short of the 60 votes necessary to advance to a final passage vote in the 100- member Senate, where Republicans have a 53-47 seat...

  • *LME Nickel Price, Stocks and Spreads: https://tmsnrt.rs/2ARctPR. LONDON, Jan 16- Nickel bears have been sent running for cover by this week's ferocious squeeze on the London Metal Exchange. Short-dated time-spreads have flexed out to levels not seen in many years as a long-running decline in LME nickel stocks translates into cash-date tightness.

  • Federal Reserve Today in Washington. 17- Jan Japan 1- year discount bill auction 17- Jan United Kingdom 1% Treasury Gilt 2024 17- Jan Spain Bond Auction 18- Jan Japan 3- month discount bill auction 21- Jan Norway Auction of Treasury bills 21- Jan Belgium OLO Auction 21- Jan Netherlands DTC Auction 22- Jan United Kingdom 1 3/ 4% Treasury Gilt 2037 22- Jan Spain...

  • Britain's housing market has slowed since the June 2016 Brexit referendum with house prices, as measured by mortgage lenders Halifax and Nationwide, growing at the slowest pace in around five years. Simon Rubinsohn, RICS' chief economist, said December's fall in price expectations was linked to Brexit uncertainty which has deepened further in recent days...

  • Jan 16- Neel Kashkari, president of the Federal Reserve Bank of Minneapolis and a critic of big banks, on Wednesday said the biggest U.S. banks are "unquestionably" safer than they were before the 2007-2009 financial crisis. The Fed's ability to use monetary policy to safeguard the financial system is about even with the pre-crisis era, he also said, because...

  • SYDNEY, Jan 17- Asian shares crept higher on Thursday as upbeat bank earnings bolstered Wall Street, while an anti-climactic end to the latest chapter in the Brexit saga gave sterling a moment's peace. MSCI's broadest index of Asia-Pacific shares outside Japan edged up 0.1 percent, with Australia was ahead by 0.2 percent. On Wall Street, strong earnings from Bank...

  • Jan 16- John Bogle, whose family's struggles during the Great Depression led him to pioneer low-cost investing and to found Vanguard Group, now the world's biggest mutual fund firm, died on Wednesday at the age of 89, Vanguard said. The cause of death was cancer, said Bogle's assistant Michael Nolan. Bogle's life in many ways was the opposite of his great fund...

  • CHICAGO, Jan 16- With the U.S. government shutdown now in its fourth week, states have begun taking steps to cushion the blow for federal workers who have been tossed out of work or forced to work without pay. Connecticut Governor Ned Lamont on Tuesday announced a partnership with private banks in the state to give federal workers who do not qualify for...

  • NEW YORK, Jan 16- Online student lender CommonBond has laid off around 18 percent of its staff, a company spokeswoman said, citing a plan to shift investment into new areas. New York- based CommonBond was founded in 2012 to fund and refinance student loans at lower interest rates. In March, CommonBond announced it had raised $50 million in a round led by from Fifth...

  • WASHINGTON, Jan 16- Lenders supporting tens of thousands of American farmers on Wednesday warned White House officials that 2019 could cause more producers financial losses if the trade dispute with China is not resolved. But they warned that some farmers were about to run out of options after years of lower corn and soybean prices unless there is an end to...

  • PORT MORESBY, Jan 17- From her red-roofed home near Papua New Guinea's capital of Port Moresby, Isabelle Dikana Iveiri overlooks a giant plant used by Exxon Mobil Corp to liquefy billions of dollars' worth of natural gas before it is shipped to Asian buyers. The $19 billion Exxon-led PNG LNG project was supposed to be a game-changer for PNG, a vast South Pacific...

  • NEW YORK, Jan 16- Bank of America Corp's head of global investment banking Diego De Giorgi is leaving the company, according to an internal memo on Wednesday, in the first major personnel move under new investment banking chief Matthew Koder. De Giorgi, who leaves next month, will be replaced by two investment bankers, Jack MacDonald and Thomas Sheehan, who will be...