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Wires

  • BEIJING, Jan 18- Growth in new home prices in China rose to a five-month high in December after stabilizing for two consecutive months, despite a range of government moves to rein in an overheated property market. Average new home prices in China's 70 major cities rose 0.4 percent in December from the previous month, compared with an increase of 0.3 percent in...

  • *Spot gold had fallen 0.1 percent to $1,326.51 an ounce by 0112 GMT. It earlier marked its weakest since Jan. 12 at $1,324.60. *Some European Central Bank officials on Wednesday voiced worries about the euro's strength.

  • Jan 17- Major Xerox Corp shareholder Darwin Deason has urged the photocopier pioneer to make public its joint venture agreement with Japan's Fujifilm Holdings Corp, saying U.S. securities laws require it should do so. Deason also asked the company's board in a letter dated Jan. 17 to hire new and independent advisers to evaluate the photocopier company's...

  • DETROIT, Jan 17- Peugeot SA Chief Executive Carlos Tavares said on Wednesday that by 2025 "the PSA Group will be 100 percent electrified," and will offer "no less than 40 electrified vehicles." Auto industry executives use the term electrified to describe fully electric vehicles, and vehicles that use hybrid systems that combine battery systems and...

  • SYDNEY, Jan 18- Shanghai base metals futures were under pressure ahead of the release of data later on Thursday that is expected to show China's economic growth slowed in the fourth quarter. The release of China's fourth-quarter and 2017 GDP data, including for December factory output, retail sales and fixed-asset investment, is scheduled for 0700 GMT, a delay...

  • PSA CEO: BY 2025 PSA VEHICLES WILL BE 100 PERCENT ELECTRIFIED.

  • SEOUL, Jan 18- South Korea's central bank held interest rates steady on Thursday, as expected, as it monitored the effects of its November hike and remained wary of triggering disruptive capital flows. The Bank of Korea's Monetary Policy Board voted to keep the benchmark interest rate at 1.50 percent at what was the second last rate-setting meeting for Governor...

  • Brent crude futures were at $69.48 at 0103 GMT, up 10 cents, or 0.1 percent, from their last close. In an effort to tighten markets and prop up prices, a group of major oil producers around the Organization of the Petroleum Exporting Countries and Russia started to withhold production in January last year, and the cuts are set to last through 2018..

  • NEW YORK, Jan 17- A Puerto Rico official on Wednesday said the U.S. federal government was dragging its feet in letting the beleaguered U.S. territory draw on an emergency loan in the aftermath of September's Hurricane Maria, threatening essential services. In October, U.S. lawmakers approved a $4.9 billion loan to hurricane-ravaged governments in Puerto Rico,...

  • LOS ANGELES/ WASHINGTON, Jan 17- U.S. President Donald Trump said on Wednesday he would announce a decision soon on whether to slap tariffs on imported solar panels, and quipped that when countries dump subsidized panels in the United States, Everybody goes out of business. According to a process governed by the International Trade Commission, Trump has until Jan....

  • President Donald Trump on Wednesday said that terminating the North American Free Trade Agreement would result in the "best deal" to revamp the 24- year-old trade pact with Canada and Mexico in favor of U.S. interests. Trump's comments come less than a week before trade negotiators from the United States, Canada and Mexico meet in Montreal for the sixth of seven...

  • NEW YORK, Jan 16- Cleveland Fed President Loretta Mester said on Wednesday that her assumption the U.S. federal tax overhaul would add 0.25 to 0.5 percentage points in growth over the next two years might be too low. Mester, speaking to reporters after a speech at Rutgers University in New Jersey, said that with respect to growth and inflation, risks are still...

  • A little-known website raised that very question after publishing an unidentified woman's vivid account of comedian Aziz Ansari's sexual advances while the two were on a date. asked Ed Wasserman, dean of the journalism school at the University of California, Berkeley. " The story, which appeared Saturday on the site Babe.net, offers a detailed 3,000- word...

  • *Japan asks India to introduce more bullet trains, new routes. NEW DELHI/ TOKYO, Jan 18- Japanese steel and engineering companies are in the driver's seat to bag major supply contracts for a $17 billion Indian bullet train, several sources said, undermining a key component of Prime Minister Narendra Modi's economic policy- a push to' Make in India'.

  • Today due to Winter Storm@. Jan 17- Delta Air Lines Inc:. *DELTA- DUE TO WINTER STORM AFFECTING AIRPORTS ALONG GULF COAST AND SOUTHEAST, 600 MAINLINE, DELTA CONNECTION REGIONAL FLIGHTS CANCELLED SYSTEM-WIDE TODAY- TWEET Further company coverage:.

  • TOKYO, Jan 18- Asian stocks were near record highs on Thursday, with a rally by Wall Street supporting bullish investor sentiment, while the dollar pulled back from three-year lows as the euro's recent rally lost steam. MSCI's broadest index of Asia-Pacific shares outside Japan was 0.16 percent higher at 595.53, near the previous day's record high of 595.80.

  • DELTA- DUE TO WINTER STORM AFFECTING AIRPORTS ALONG GULF COAST AND SOUTHEAST, 600 MAINLINE, DELTA CONNECTION REGIONAL FLIGHTS CANCELLED SYSTEM-WIDE TODAY- TWEET.

  • TOKYO, Jan 18- Toshiba Corp said on Thursday it would sell its claims in bankrupt nuclear unit Westinghouse Electric Co to a group led by the Baupost Group- a move that would contribute to an improvement of about 410 billion yen in its balance sheet. Confirming an earlier Reuters report, the Japanese conglomerate also said it had agreed a deal to transfer its stake...

  • Jan 18- For other diaries, please see:. Top Economic Events Polling Unit Diary Today in Washington Political and General News. 18- Jan Japan 3- month discount bill auction 18- Jan Japan Auction of 30- year government bonds 18- Jan Sweden Auction of inflation-linked government bonds 18- Jan Spain Bond auction 18- Jan United Kingdom Auction 0 3/ 4% Treasury Gilt...

  • FRANKFURT- IMF Managing Director Christine Lagarde, ECB board member Benoit Coeure and Bundesbank president Jens Weidmann speak at a conference in Frankfurt. NEW YORK- Federal Reserve Bank of Cleveland President Loretta Mester speaks on monetary policy at the Council for Economic Education's Economists on the Economy- 2305 GMT. **NASHVILLE, United States-...