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  • SEOUL, Jan 23- South Korea will ban the use of anonymous bank accounts in cryptocurrency trading from Jan. 30, regulators said on Tuesday in a widely telegraphed move designed to stop virtual coins from being used for money laundering and other crimes. Local cryptocurrency traders will not be allowed to make deposits into their virtual currency exchange...

  • Jan 22- Investors are getting a high-octane way to bet on or against the stock market's technology leaders. A new product aims to let investors triple the return of 10 stocks, including the so-called FANG stocks- Facebook Inc, Amazon.com Inc, Netflix Inc and Google parent Alphabet Inc.. The BMO REX MicroSectors FANG+ Index 3 X Leveraged Exchange Traded Note starts...

  • WASHINGTON, Jan 22- Congress voted on Monday to end a three-day U.S. government shutdown, approving the latest short-term funding bill as Democrats accepted promises from Republicans for a broad debate later on the future of young illegal immigrants. The fourth temporary funding bill since October easily passed the Senate and the House of Representatives.

  • BEIJING/ SHANGHAI, Jan 23- It seems like a game everyone wins: some of China's biggest tech companies, looking to hook in new consumers, are using cash prizes to draw millions of contenders to mobile-based online quiz shows. This month, one quiz show, "Millions Winner," backed by internet security company Qihoo 360, apologised after it was chastised by a regulator for...

  • SEOUL, Jan 23- South Korea said on Tuesday the government will complain to the World Trade Organization about a U.S. decision to slap tariffs on imported washing machines and solar panels, calling the action "excessive" and "regrettable". "The United States has opted for measures that put political considerations ahead of international standards," South Korea's...

  • Jan 22- A former Fiat Chrysler Automobiles NV executive pleaded guilty on Monday in connection with a U.S. probe into accusations that he made at least $1.5 million in improper payments to United Auto Workers union officials, the U.S. attorney's office in Detroit said. He was charged in July in U.S. District Court in Detroit with taking part in a conspiracy to pay...

  • BEIJING, Jan 23- Chinese Premier Li Keqiang said the country must reduce poverty, control pollution and reduce risks, challenges he described as "three tough battles" for the economy, as policymakers push for reforms and innovation this year. Economic growth beat the government's target last year, good news for policymakers looking to reduce leverage in the...

  • SAN LUIS OBISPO, Calif.— The Latest on an Uber driver accused of rape and other crimes against young women in California:. An Uber driver living in the country illegally has pleaded not guilty to charges of raping, assaulting and robbing young women in California. San Luis Obispo County District Attorney Dan Dow said Monday that Alfonso Alarcon-Nunez's alleged...

  • BEIJING, Jan 23- Copper prices continued to climb on Tuesday amid a persistent weak dollar, even as official data showed top producer China churned out a record volume of refined copper in December. *CHINA: China's refined copper output jumped by 16.7 percent year-on-year to a record high in December, as smelters looked to churn out as much metal as possible ahead...

  • China hopes the United States will refrain from using trade remedies and that China would resolutely safeguard its interests, the Ministry of Commerce said in a post on their microblog.

  • SYDNEY, Jan 23- U.S. soybean futures edged lower on Tuesday, snapping a six-session rally, though prices continued to hover around a five-week high amid fears that adverse weather in Argentina will crimp production. *The most active soybean futures on the Chicago Board Of Trade were down 0.1 percent at $9.83-1/ 2 a bushel, as of 0152 GMT. *Oil prices rose on Tuesday,...

  • Local cryptocurrency traders will not be allowed to make deposits into their virtual coin exchange wallets unless the name on their bank account matches the account name in cryptocurrency exchanges, Kim Yong- beom, vice chairman of the Financial Services Commission told a news conference in Seoul.

  • SINGAPORE, Jan 23- Oil prices rose on Tuesday, lifted by healthy economic growth as well as the ongoing supply restraint by a group of exporters around OPEC and Russia. Spot Brent crude futures were at $69.33 at 0148 GMT, up 30 cents, or 0.4 percent, from their last close, not far off the Jan. 15 three-year high of $70.37 a barrel. Traders said oil markets were generally...

  • SHANGHAI, Jan 23- China's central bank on Tuesday set its official yuan midpoint at 6.4009 per dollar, its strongest level for more than two-years, supported by gains in the spot yuan a day earlier. The midpoint was 103 pips, or 0.16 percent, firmer than Monday's fix of 6.4112 and was the strongest since Dec. 7, 2015. China's spot yuan finished its domestic session at an...

  • *Spot gold was little changed at $1,334.36 an ounce by 0111 GMT. *Congress voted on Monday to end a three-day U.S. government shutdown, approving another short-term funding bill as Democrats accepted promises from Republicans for a broad debate later on the future of young illegal immigrants. *Market participants await the outcome of the European Central...

  • SEOUL, Jan 23- South Korea said on Tuesday the government will complain to the World Trade Organization about a U.S. decision to slap tariffs on imported washing machines and solar panels, saying the decision is "excessive" and "regrettable". "It is clear that the latest safeguard measures would violate the WTO rules," South Korea's trade minister Kim Hyun- chong said...

  • WASHINGTON/ LOS ANGELES, Jan 22- U.S. The decisions in the two "Section 201" safeguard cases followed findings by the U.S. International Trade Commission that both imported products "are a substantial cause of serious injury to domestic manufacturers," U.S. Trade Representative Robert Lighthizer said in a statement.

  • BRASÍLIA, Jan 22- Brazil's J&F Investimentos, controlling shareholder of the world's largest meatpacker JBS SA, is renegotiating the leniency agreement reached last year over its role in corruption scandals and is considering agreeing to a confession of insider trading by jailed former owners Joesley and Wesley Batista, a source from the prosecutor's...

  • NEW YORK, Jan 22- Oil settled higher on Monday after dollar fluctuations and the restart of some Libyan oil fields caused the market to vacillate, with prices testing lower before rallying to levels just below three-year highs. Brent crude futures for March delivery settled up 42 cents, or 0.6 percent, at $69.03 a barrel, after earlier rallying to $69.51.

  • LONDON, Jan 22- Hedge funds added to their record bullish positions in petroleum in the week to Jan. 16, continuing the recent wave of buying, but the extra long positions were almost entirely confined to U.S. crude rather than Brent or refined fuels. The net long position in Brent, NYMEX and ICE WTI, U.S. gasoline, U.S. heating oil and European gasoil contracts has surged...