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  • BEIJING, Jan 17- Shanghai aluminium prices extended declines into a second session on Wednesday as improving weather conditions smoothed the flow of ingots from China's remote northwestern Xinjiang region to the east of the country. "Even so, the inventory on the market is still growing," said Xu Maili, director of non-ferrous metal reserarch at Everbright...

  • BEIJING, Jan 17- Shanghai aluminum prices extended declines into a second session on Wednesday as improving weather conditions smoothed the flow of ingots from China's remote northwestern Xinjiang region to the east of the country. "Even so, the inventory on the market is still growing," said Xu Maili, director of non-ferrous metal reserarch at Everbright...

  • BEIJING, Jan 17- Ambitious U.S. indoor farming startup Plenty Inc is actively seeking urban sites for new farms in Chinese cities as part of a global drive to set up high-tech facilities growing organic vegetables in warehouses under banks of LED lights. Matt Barnard, Chief Executive of the San Francisco- based firm which counts Amazon Inc. founder Jeff Bezos and...

  • TOKYO/ SINGAPORE, Jan 17- Bitcoin extended its sharp tumble of the past 24 hours, skidding more than seven percent on Wednesday in a rapid downturn in fortunes as investors were spooked by fears regulators might clamp down on an asset whose value has skyrocketed in the past year. The price of the world's biggest and best-known cryptocurrency fell to as low as...

  • Walmart is helping customers get rid of leftover opioids by giving them packets that turn the addictive painkillers into a useless gel. The retail giant announced Wednesday that it will provide the packets free with opioid prescriptions filled at its 4,700 U.S. pharmacies. Walmart says the powder also works with other prescription drugs.

  • NEW YORK, Jan 17- Wal-Mart Stores Inc on Wednesday said it will provide customers filling prescriptions for opioids with a packet of powder that will help them dispose of leftover medication in order to help curb misuse and abuse. People filling prescriptions at Sams Club can also get DisposeRx at their pharmacies. According to the Substance Abuse and Mental...

  • NEW YORK, Jan 17- The U.S. Depositors now have $11.95 trillion at U.S. commercial banks, close to the $11.99 trillion record set in November, according to data from the Federal Reserve Bank of St. Louis. Even rates on one-year certificates do not appear to have moved at the three biggest U.S. consumer banks JPMorgan Chase& Co, Bank of America Corp and Wells Fargo& Co...

  • SHANGHAI, Jan 17- China's yuan strengthened against the dollar on Wednesday, as the central bank set its firmest midpoint in more than two years amid broad dollar weakness and heavier corporate dollar selling. The dollar fell to a three-year low against its peers, as the euro edged back after shaking off a setback to Chancellor Angela Merkel's chances of forging...

  • BEIJING, Jan 17- The reduction, announced last September, in the amount of cash some Chinese banks must hold as reserves will become effective on January 25, the People's Bank of China said on its official account on China's Twitter-like Weibo on Wednesday.

  • The tighter fundamentals lifted both crude futures benchmarks about 13 percent above levels in early December, helped by production curbs by OPEC and Russia, as well as by healthy demand growth. Brent crude futures were at $69.07 a barrel at 0441 GMT, down from a high of $69.37 earlier in the day and 18 cents below their last close. Brent on Monday rose to $70.37 a...

  • SHANGHAI, Jan 17- China's blue-chips fell on Wednesday morning as investors pocketed gains in consumer and real estate firms. **China's blue-chip CSI300 index was down 0.48 percent, with its financial sector sub-index higher by 0.54 percent, the consumer staples sector down 2.16 percent, the real estate index down 2.87 percent and healthcare sub-index off 1.06...

  • *DHL handles key error-proofing work at GM-SAIC vehicle plant. LIUZHOU, China, Jan 17- Inside General Motors Co's vehicle assembly plant in this southern China city, many workers wear the red-and-yellow uniforms of DHL, the logistics company. The DHL employees work side-by-side with GM workers handling the flow of parts within the plant, which builds about...

  • *Euro shakes off Germany's political woes, dovish ECB views. TOKYO, Jan 17- The dollar fell to a three-year low against its peers on Wednesday, losing its earlier bounce as the euro edged back after shaking off a setback to Chancellor Angela Merkel's chances of forging a "grand coalition" in Germany. The dollar is bound to stay weak when such views prevail, "said Yukio...

  • BEIJING, Jan 17- An Iranian oil tanker that sank in the East China Sea has left two oil slicks covering a combined 109 square km, the Chinese government said late on Tuesday, as maritime police scour for damage and prepare to explore the wreck. Satellite imaging showed a slick of 69 square km and a second 40 square km slick, which is less thick and not as concentrated, the...

  • TOKYO, Jan 17- The price of bitcoin extended its sharp tumble of the past 24 hours, dropping more than seven percent on the Bitstamp exchange on Wednesday, spooked by worries regulators may try to clamp down on the highly-volatile trading in the digital currency.

  • TOKYO, Jan 17- The price of bitcoin extended its sharp tumble of the past 24 hours, dropping more than seven percent on the Bitstamp exchange on Wednesday, spooked by worries regulators may try to clamp down on the highly-volatile trading in the digital currency.

  • SINGAPORE, Jan 17- Chicago wheat futures were little changed on Wednesday, with the market trading near last session's one-month low as ample global supplies and higher than previously expected U.S. winter crop planting kept a lid on prices. Soybeans ticked lower, giving up some of the gains recorded in the previous session which had lifted prices to a one-week...

  • BITCOIN FALLS MORE THAN 7 PERCENT ON BITSTAMP EXCHANGE.

  • *Spot gold to test $1,357.54/ oz- technicals. Spot gold was up 0.1 percent at $1,341 an ounce by. It touched its strongest since Sept. 8 at $1,344.44 on Monday.

  • *2- day meeting ends Jan 23, decision expected 0330-0500 GMT. TOKYO, Jan 17- Japan's central bank is set to maintain upbeat price forecasts next week and paint a slightly better picture of the economy than it did three months ago, signaling its conviction the country is making slow but steady progress in eradicating deflation. Bank of Japan Governor Haruhiko...