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Wires

  • *The most active corn futures on the Chicago Board Of Trade were up 0.2 percent at $3.45-1/ 4 a bushel, as of 0127 GMT, after earlier hitting $3.44-1/ 4 a bushel, their lowest since Oct. 12. *The most active soybean futures were little changed at $9.79 a bushel, near the session low of $9.76 a bushel- their lowest since Oct. 12. *The U.S. Department of Agriculture said private...

  • *Iraq supplies cut amid fighting between govt. forces, Kurds. SINGAPORE, Oct 23- Oil prices rose on Monday over supply concerns in the Middle East and as the U.S. market showed further signs of tightening while demand in Asia keeps rising. "Oil prices are holding comfortably above $50 as possible supply disruptions in the Kurdish region of Iraq support prices," said...

  • SHANGHAI, Oct 23- China's central bank lowered its official yuan midpoint to the lowest level in nearly two weeks to 6.6205 per dollar on Monday, reflecting spot yuan performance last Friday and dollar movement in global markets. Monday's official fixing was 113 pips or 0.17 percent softer than the previous fix of 6.6092 per dollar on Friday.

  • LONDON, Oct 20- U.S. natural gas stocks continue to tighten, but most traders appear unconcerned, with futures prices for gas delivered this winter close to the lowest levels since the start of the year. Working gas stocks in underground storage were 35 billion cubic feet below the five-year average at 3,646 bcf on Oct. 13, according to data from the U.S. Energy...

  • LONDON, Oct 20 (Reuters)- So what's become of the United States' national security investigation into steel imports? Delays may be to fine-tune any sanctions to minimise collateral damage to "friendly" trading partners while focusing on China. The 25 million tonne drop year on year is equivalent to closing every steel mill in Italy, Europe's second-largest...

  • SINGAPORE, Oct 23- Oil prices rose on Monday over supply concerns in the Middle East and as the U.S. market showed further signs of tightening while demand in Asia keeps rising. "Oil prices are holding comfortably above $50 as possible supply disruptions in the Kurdish region of Iraq support prices," said William O'Loughlin, investment analyst at Rivkin...

  • Oct 23- Gold prices hit their lowest in over two weeks early on Monday, as the dollar climbed to a more than three-month high versus the yen after Japan's ruling bloc scored a big win in Sunday's election. *Spot gold was down 0.4 percent at $1,275.48 an ounce by 0037 GMT, after earlier dropping to its lowest since Oct. 6 at $1,273.80. *Japan's yen hit over three-month lows...

  • SINGAPORE/ FRANKFURT, Oct 23- Financial trading of thermal coal has virtually ceased in Asia as a result of the woes at one major trading house and the growing dominance of another, despite the region being by far the world's biggest consumer of the fuel. Asia gobbles up some 70 percent of all coal used for power generation, and the unprecedented demise of its...

  • Oct 23- Saudi Arabia's central bank has joined an international standard-setting body for Islamic finance, a move that could help standardise industry practices and ease cross-border transactions in the Kingdom. The Bahrain- based Accounting and Auditing Organization for Islamic Financial Institutions said in a statement late on Sunday it had admitted...

  • SYDNEY, Oct 23- Japanese shares jumped on a weaker yen on Monday as an election win for Shinzo Abe's ruling bloc gave a green light for more super-easy policy stimulus, while the euro eased as Spain's constitutional crisis aggravated concerns about political unity in the region. The U.S. dollar was the major beneficiary as President Donald Trump and Republicans...

  • NEW YORK, Oct 22- JPMorgan Chase& Co has partnered with data analytics start-up Mosaic Smart Data to help its fixed-income sales and trading business become more profitable. The London- based start-up has developed technology that aggregates and analyzes vast amounts of data from the fixed-income trading division of investment banks to help them make more...

  • TOKYO, Oct 23- The dollar edged up to a three-month high against the yen on Monday, with an emphatic election victory for Japan's ruling party keeping yen-weakening reflationary measures at the heart of government policy. Prime Minister Shinzo Abe's ruling party scored a big win in Sunday's election with his coalition keeping its two-thirds "super majority" in...

  • Oct 23- Australia and New Zealand Banking Group Ltd said it had reached a deal with the Australian Securities and Investments Commission to settle court proceedings relating to possible manipulation of the bank bill swap rate. Australia's No.3 lender declined to say how much it would have to pay under the terms of the "confidential in-principle agreement"...

  • SINGAPORE, Oct 23- Struggling Noble Group agreed to sell its Americas- focused oil liquids business to Vitol for about $580 million, as part of its strategy to shrink its businesses to cut debt. In a statement on Monday, Noble said the gross consideration of the sale would be $1.4 billion and after deducting indebtedness of about $836 million, the cash proceeds...

  • TOKYO, Oct 23- A rapidly weakening typhoon Lan made landfall in Japan on Monday, setting off landslides and flooding but leaving the capital, Tokyo, largely unscathed, although at least two people were reported killed and train and plane services disrupted. It had weakened to a category 2 storm when it made landfall early on Monday, sideswiping Tokyo, after it had...

  • Top Economic Events Polling Unit Diary Today in Washington Political and General News. 23- Oct Belgium OLO auction 24- Oct United States Sale of 2- year notes 24- Oct United Kingdom Auction of 0 5/ 8% Index-linked Treasury Gilt 2042 25- Oct United States Sale of 2- year floating rate notes 25- Oct United States Sale of 5- year notes 25- Oct Germany Auction of 10-...

  • BUDAPEST- Hungarian Central Bank rate-setting meeting. WINDHOEK, Namibia- Central Bank of Namibia monetary policy meeting. CHISINAU- National Bank of Moldova interest rate decision.

  • **FRANKFURT- Welcome address by ECB Chief Economist Peter Praet at the ECB conference on Credit, Banking and Monetary Policy in Frankfurt, Germany 0700 GMT. **LONDON- Participation by ECB Bank Supervisory Chief Daniele Nouy in "Everything is connected the international dimension of banking regulation and supervision" at the Centre for European Law organized by...

  • Oct 23- Australia and New Zealand Banking Group Ltd said it has reached a deal with the Australian Securities and Investments Commission to settle court proceedings relating to possible manipulation of the bank bill swap rate. ANZ, Australian's No.3 lender, declined to say how much it would have to pay under the terms of the settlement, stating that it had...

  • SINGAPORE, Oct 23- Struggling Noble Group agreed to sell its Americas- focused oil liquids business to Vitol for a gross consideration of $1.4 billion, as part of its strategy to shrink its businesses to cut debt.