CNBC Utilities Page Wires

  • *Subaru tumbles after co says it halted output at sole factory in Japan. *Bridgestone falls after it says to buy Tomtom's Telematics for $1 bln. TOKYO, Jan 23- Japan's Nikkei ended lower on Wednesday as weaker-than-expected December exports and concerns over U.S.- China relations added to worries about the outlook for the trade-reliant economy, though a softer...

  • *China will increase fiscal stimulus to stem slowdown- officials. *Japan to keep its stimulus programme running. SINGAPORE, Jan 23- Oil prices inched up on Wednesday after China said it would raise spending to stem an economic slowdown that has been weighing on financial markets.

  • *FT report on U.S.- China talks rekindle trade worries. *Data from U.S., Japan and Canada miss forecasts. Spreadbetters expected European stocks to open lower, with Britain's FTSE losing 0.3 percent, Germany's DAX slipping 0.2 percent and France's CAC shedding 0.4 percent.

  • CHICAGO, Jan 23- U.S. Army pilot Shaun Perez spent ten hours flying an Apache helicopter over Afghanistan, providing gun cover for Special Forces soldiers on the ground as they hunted for high-value targets, guns and weapons. Perez took advantage of one of the tightest labor markets in the United States, created by years of slow hiring, a wave of pending retirements...

  • TOKYO, Jan 23- Prices of most Japanese government bonds were steady on Wednesday, supported by a pause in the stock market, but confined to a narrow range ahead of an upcoming 20- year debt auction. The finance ministry will offer 1 trillion yen of 20- year JGBs on Thursday. Japan's Nikkei was down 0.1 percent, pulling further away from a one-month high scaled at the...

  • *Output halted since night shift on Jan. 16- Subaru. TOKYO, Jan 23- Subaru Corp said its sole car factory in Japan accounting for roughly 60 percent of global production could be out of action for almost two weeks after it discovered a suspected defect in a power-steering component. The production stoppage, which started from the night shift on Jan. 16 at one of...

  • *Offer values Aphria at about $1.76 bln. Jan 22- U.S. cannabis retailer Green Growth Brands Inc said on Tuesday it would make a second all-stock takeover bid for Aphria Inc, valuing the Canadian pot producer at about C $2.35 billion. Based on Green Growth's close on Tuesday, the offer values Aphria shares at about C $9.40 each, compared with its closing price of C $9.43.

  • The central bank also maintained its view that Japan's economy, the world's third largest, will continue to expand at a modest pace. Yet the rising pressure on global growth from a trade war between the United States and China- Japan's biggest trading partners- has many analysts wary about the outlook. "Japan's economy is likely to continue on an expanding trend...

  • *Japan's 2018 crude oil imports fall 5.8 pct to lowest since at least 1979. TOKYO, Jan 23- Japan's 2018 oil imports fell to the lowest since at least 1979 while its liquefied natural gas purchases and coal imports also dropped, reflecting the country's declining population and slow economic growth. Japan's customs-cleared crude oil imports slid 5.8 percent in...

  • Jan 23- World leaders and top CEOs meet at Davos in Switzerland this week to discuss how to steer policy amid worries of slowing economic growth, damaging trade wars and Brexit. >UK trade minister to use Davos to discuss replicating EU deals Brazil's Bolsonaro uses Davos speech to appeal to big business. >Russia's Novak will not attend Davos- energy ministry.

  • SINGAPORE, Jan 23- London aluminum prices rose for a second session on Wednesday to trade near last session's one-month high, underpinned by signs of falling production in China. Copper ticked higher after closing lower in the last two sessions, although concerns over trade dispute between Washington and Beijing kept a lid on prices of industrial metals.

  • *FT report on U.S.- China talks rekindle trade worries. *Data from U.S., Japan and Canada miss forecasts. Following a sharp drop in December, U.S. shares gained through much of January, supported in part by expectations for a thaw in U.S.- China trade tensions and a more dovish-sounding Federal Reserve.

  • The central bank maintained its view that Japan's economy, the world's third largest, will continue to expand at a modest pace. Yet the rising pressure on global growth from a trade war between the United States and China- Japan's biggest trading partners- has many analysts wary about the outlook. "Japan's economy is likely to continue on an expanding trend...

  • *Chicago soybeans set to rise for four out five sessions. SINGAPORE, Jan 23- Chicago soybean futures rose on Wednesday, set to gain for four out of five sessions with prices underpinned as dry weather curbs yields in top exporter Brazil. The most-active soybean contract on the Chicago Board of Trade had risen 0.3 percent to $9.12 a bushel by 0325 GMT, having closed...

  • TOKYO, Jan 23- The Bank of Japan kept monetary policy steady on Wednesday and cut its price projections, bolstering market views it is in no position to rush an exit from its massive stimulus program, despite the costs of prolonged easing. The decision on maintaining its interest rate targets was made by a 7-2 vote with board members Goushi Kataoka and Yutaka...

  • *Output halted since night shift on Jan. 16- Subaru. TOKYO, Jan 23- Subaru Corp said its sole car factory in Japan accounting for roughly 60 percent of global production had halted output a week ago after it discovered a defect in a component procured from a supplier. Shares in Japan's sixth-largest automaker slid 6 percent in early trade on the news, which was first...

  • SINGAPORE, Jan 23- London aluminium prices rose for a second session on Wednesday to trade near last session's one-month high, underpinned by signs of falling production in China. Copper ticked higher after closing lower in the last two sessions, although concerns over trade dispute between Washington and Beijing kept a lid on prices of industrial metals.

  • *FT report on U.S.- China talks rekindle trade worries. Japan's Nikkei dropped 0.7 percent while MSCI's broadest index of Asia-Pacific shares outside Japan dipped 0.1 percent. White House economic adviser Larry Kudlow denied the report, helping U.S. equities pare some losses though the fresh concerns about U.S.- China relations kept share prices in check.

  • A spokesman from the Federal Aviation Administration earlier said flights into Newark- the 11th busiest U.S. airport- were briefly suspended after two drones were seen flying at 3,500 feet over nearby Teterboro Airport, a small regional airport about 17 miles away that mostly handles corporate jets and private planes. The Port Authority of New York and New...