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Wires

  • MELBOURNE, Aug 23- London metals slipped on Wednesday as the dollar stood tall ahead of a meeting of global central bankers at Jackson Hole in the United States later in the week. *LONDON COPPER: London Metal Exchange copper had slipped 0.6 percent to $6,542 a tonne by 0216 GMT, after ending little changed in the previous session, when prices touched their highest...

  • TOKYO, Aug 23- Japan's Nikkei share average rebounded on Wednesday morning after Wall Street gained as U.S. lawmakers' comments on tax reform and the debt ceiling boosted investor appetite. Separately, Senate Majority Leader Mitch McConnell said on Monday that there was "zero chance" that the United States will fail to raise the debt ceiling in September,...

  • TOKYO, Aug 23- Asian stocks steadied on Wednesday, taking a breather after the previous day's surge and unable to keep up with a global rally spurred by gains for tech shares on Wall Street and miners in Europe. MSCI's broadest index of Asia-Pacific shares outside Japan, which initially inched up to a two-week high, pulled back to stand little changed following a...

  • NEWBURY, N.H.— Some New Hampshire residents are speaking out against the new owner of a popular ski resort, saying the company's past legal troubles raise concerns about whether it can be trusted to manage the facility that dates to the 1950 s. New York hedge fund manager Och-Ziff Capital Management assumed ownership of 14 properties held by CNL Lifestyle...

  • HONG KONG, Aug 23- The Hong Kong stock exchange has delayed the start of trading on both the securities and deriviatives markets on Wednesday morning due to Typhoon Hato. Hong Kong raised the signal to No 10, its highest weather warning, early on Wednesday. The morning trading session is suspended if the typhoon signal remains at 8 or higher at 9 a.m. Hong Kong time.

  • SYDNEY, Aug 23- Australia's second most populous state has proposed passing laws to lock in a renewable power target of 40 percent by 2025, looking to spur investment in electricity sources such as solar and wind even as the national government wrangles over energy policy beyond 2020.. Victoria state Premier Daniel Andrews will introduce legislation to the...

  • Michael J. O'Brien, vice president of corporate and product planning at Hyundai's U.S. unit, said Hyundai's top management has given the green light for development of a pickup truck similar to a show vehicle called the Santa Cruz that U.S. Hyundai currently does not offer a pickup truck in the United States. O'Brien also said Hyundai plans to launch a small SUV...

  • SYDNEY, Aug 23- U.S. soybean prices rose on Wednesday, drawing support from the findings of a widely-watched U.S. crop tour that stoked fears production would fail to meet official estimates. *The most active soybean futures on the Chicago Board of Trade had climbed 0.6 percent to $9.43 a bushel by 0107 GMT, after closing up 0.1 percent on Tuesday.

  • SYDNEY, Aug 23- BHP Billiton on Wednesday unveiled a board shakeup that will see controversial director Grant King step down six months after joining the company amid concerns among investors over oil investments. King, a former chief executive of Origin Energy, was once tipped to succeed Jac Nasser as chairman of the world's biggest mining company, but was...

  • *Focus on Aug. 24-26 Jackson Hole symposium. *ECB's Draghi to speak in Germany later on Wednesday. The market will probably go into a holding pattern for now, ahead of the Jackson Hole symposium, he added.

  • *Asian stocks edged higher on Wednesday to extend a global rally spurred by gains for tech shares on Wall Street and miners in Europe, while the dollar was buoyant against the euro and yen ahead of the Jackson Hole gathering later in the week. *The U.S. Air Force may intensify its strikes in Afghanistan and expand training of the Afghan air force following President...

  • *OPEC supplies remain high despite pledge to cut output. Bernstein Research warned that low prices and ample supplies were resulting in low oil industry investment levels. Libya's Sharara oil field, the country's largest, was gradually restarting on Tuesday after a shutdown.

  • *Asia stocks draw support from overnight Wall Street rally. TOKYO, Aug 23- Asian stocks edged higher on Wednesday to extend a global rally spurred by gains for tech shares on Wall Street and miners in Europe, while the dollar was buoyant against the euro and yen ahead of a meeting of central bankers later in the week. Asia took its cues from Wall Street, which saw the Dow...

  • SHANGHAI, Aug 23- French shipping group CMA CGM plans to build nine of the world's largest container ships at two Chinese shipyards, the China Daily newspaper reported on Wednesday. Shanghai Waigaoqiao Shipbuilding Co confirmed that it and its sister yard Hudong-Zhonghua Shipbuilding Co, had received a letter of intent from CMA CGM for the ships, which would be...

  • Aug 23- For other diaries, please see:. 23- Aug United States Sale of 2- year floating rate notes 23- Aug United Kingdom Auction of 0 3/ 4% Treasury Gilt 2023 23- Aug Germany Auction of 10- year Federal bonds 23- Aug Sweden Auction of government bonds 24- Aug Japan 3- month discount bill auction 28- Aug United States Sale of 2- year notes 28- Aug United States Sale of 5-...

  • WEDNESDAY, AUGUST 23 LINDAU, Germany- Keynote speech by ECB President Mario Draghi at the opening ceremony of 6th Lindau Meeting on Economic Sciences in Lindau, Germany 0700 GMT. STOCKHOLM- Riksbank First Deputy Governor Kerstin af Jochnick will participate in a seminar on current issues in the Swedish economy- 1100 GMT. JACKSON HOLE, Wyoming- Luncheon address by...

  • Aug 23- For other diaries, please see:. 23- Aug United States Sale of 2- year floating rate notes 23- Aug United Kingdom Auction of 0 3/ 4% Treasury Gilt 2023 23- Aug Germany Auction of 10- year Federal bonds 23- Aug Sweden Auction of government bonds 24- Aug Japan 3- month discount bill auction 28- Aug United States Sale of 2- year notes 28- Aug United States Sale of 5-...

  • WEDNESDAY, AUGUST 23 LINDAU, Germany- Keynote speech by ECB President Mario Draghi at the opening ceremony of 6th Lindau Meeting on Economic Sciences in Lindau, Germany 0700 GMT. STOCKHOLM- Riksbank First Deputy Governor Kerstin af Jochnick will participate in a seminar on current issues in the Swedish economy- 1100 GMT. JACKSON HOLE, Wyoming- Luncheon address by...

  • HONG KONG, Aug 23- The Hong Kong stock exchange has delayed the start of trading on both the securities and deriviatives markets on Wednesday morning due to Typhoon Hato. Trading in the securities market, including Stock Connect trading, and derivatives market has been delayed due to the issuance of typhoon signal No 8, the city's third-highest weather warning,...

  • NEW YORK, Aug 22- A flurry of departures across the U.S. and Canadian units of Chinese state energy firm PetroChina Co Ltd have sparked speculation that the oil trader is reducing its presence in North America, even though the company says it is committed to the region. Nearly a dozen sources in New York, Calgary, Houston and Singapore, including current and former...