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Wires

  • TOKYO, Aug 21- Confidence at Japanese manufacturers rose in August to its highest level in a decade led by producers of industrial materials, a Reuters poll showed, in a further sign of broadening economic recovery. The sentiment index for manufacturers rose one point to 27 in August in the poll of 548 large- and mid-sized companies, conducted Aug. 1-16, in which 265...

  • Aug 20- Bankrupt Texas utility Energy Future Holdings will abandon a deal to sell power transmission company Oncor to Warren Buffett's Berkshire Hathaway Inc for $9 billion and will accept a $9.45 billion bid for Oncor by Sempra Energy instead, people familiar with the matter said. The development represents a rare blow for Buffett, who avoids bidding wars for...

  • KEEPING SCORE: Japan's benchmark Nikkei 225 index lost 0.4 percent to 19,384.64 and South Korea's Kospi dipped 0.2 percent to 2,354.28. Investors will be scrutinizing remarks from the policymakers due to speak, including Fed chief Janet Yellen and European Central Bank head Mario Draghi, for any hints on the future direction of interest rates and economic...

  • *Shares in Shanghai and Hong Kong units surge as trade resumes. HONG KONG, Aug 21- China Unicom's $11.7 billion ownership reform plan does not violate rules, the nation's securities regulator said, helping shares in the telecom group's units surge as they resumed trade on Monday after speculation that the deal was under scrutiny. "After going through the relevant...

  • SINGAPORE, Aug 21- Oil markets were stable on Monday, largely holding on to Friday's big gains even though rising U.S. output weighed on hopes the market will tighten after a 13 percent fall in U.S. crude inventories since March. Brent crude futures, the international benchmark for oil prices, were at $52.70 per barrel at 0302 GMT, down a cent from their last close.

  • *Investors wary as U.S., South Korea begin military drills. MSCI's broadest index of Asia-Pacific shares outside Japan was barely in the black thanks to modest gains in China, but in most other markets, including Australia, South Korea and Taiwan were in the red. Wall Street shares got only a short-lived boost on Friday after Trump fired White House chief...

  • MELBOURNE, Aug 21- London zinc rose to its highest price in a decade on Monday and nickel also rallied as investors ploughed into metals used by China's steel sector, seeing robust demand even as capacity is constrained by Beijing's drive to reform bloated industries. *London Metal Exchange copper edged up 0.3 percent to $6,506 a tonne by 0217 GMT, heading back...

  • *U.S. political woes, U.S.- South Korea drills keep markets jittery. TOKYO, Aug 21- Japan's Nikkei share average fell to a fresh 3-1/ 2- month low on Monday as global investors remained cautious amid worries over whether the Trump administration will be able to implement growth boosting measures. People are risk averse as various risks are coming from the United...

  • Aug 20- Bankrupt Texas utility Energy Future Holdings will abandon a deal to sell power transmission company Oncor to Warren Buffett's Berkshire Hathaway Inc for $9 billion and will accept a $9.45 billion bid for Oncor by Sempra Energy instead, people familiar with the matter said. Energy Future's board decided to make the switch on Sunday after Sempra also...

  • HONG KONG, Aug 21- China United Network Communications Ltd, the Shanghai- listed unit of telecoms group China Unicom, said it plans to raise 61.73 billion yuan in a private placement. In addition, the company will transfer 12.98 billion yuan of shares to a fund and issue 3.21 billion yuan worth of shares to core employees. The state-owned group had announced on...

  • SINGAPORE, Aug 21- Oil markets were stable early on Monday, holding on to Friday's big gains even though rising U.S. output weighed on hopes the market will tighten with crude inventories down 13 percent since March. Brent crude futures, the international benchmark for oil prices, were at $52.72 per barrel at 0139 GMT, unchanged from their last close.

  • *Afghanistan has deposits of gold, silver, copper, lithium. Ever since a United States Geological Survey study a decade ago identified deposits later estimated to have a potential value of as much as $1 trillion, both Afghan and foreign officials have trumpeted the reserves as a likely key to economic independence for Afghanistan. Afghanistan, some reports say,...

  • *Spot gold was nearly unchanged at $1,283.30 an ounce by 0111 GMT, after surging to its highest in over nine months on Friday at $1300.80. *The dollar edged up in early Asian trading on Monday, moving tentatively away from the previous session's four-month low against the yen when concerns that personnel changes at the White House weighed on expectations for U.S.

  • MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.07 percent while Japan's Nikkei was off 0.4 percent. Wall Street shares got only a short-lived boost on Friday after Trump fired White House chief strategist Steve Bannon. Although Bannon's departure removes a major source of friction within the White House, Trump's attacks on fellow...

  • SYDNEY, Aug 21- U.S. corn edged lower on Monday to linger near a seven-week low as weather forecasts called for rain across key producing regions, easing fears of potential production losses due to dry weather. *The most active corn futures on the Chicago Board Of Trade were down 0.5 percent at $3.64 a bushel by 0047 GMT, having gained 0.4 percent in the previous...

  • TOKYO, Aug 21 I certainly- The dollar edged up in early Asian trading on Monday, moving tentatively away from the four-month low against the yen plumbed in the previous session on concerns that White House personnel changes will impair President Donald Trump's ability to pass tax reform and stimulus measures. Reports of the impending departure of senior White...

  • HONG KONG, Aug 21- China United Network Communications Ltd, the Shanghai- listed unit of telecoms group China Unicom, said it plans to raise 61.73 billion yuan in a private placement, more than $2 billion less than previously announced. The company made the announcement in a statement to the Shanghai stock exchange late on Sunday. The state-owned group had...

  • Aug 21- For other diaries, please see:. 21- Aug Norway Auction of Treasury bills 21- Aug Netherlands DTC auction 22- Aug Japan Auction of 20- year government bonds 22- Aug Spain Auction of 3- and 9- month Treasury bills 23- Aug United States Sale of 2- year floating rate notes 23- Aug United Kingdom Auction of 0 3/ 4% Treasury Gilt 2023 23- Aug Germany Auction of 10-...

  • **LINDAU, Germany- Keynote speech by ECB President Mario Draghi at the opening ceremony of 6th Lindau Meeting on Economic Sciences in Lindau, Germany 0700 GMT. **WYOMING, United States- Participation by ECB Board member Benoit Coeure at 41st Economic Symposium organised by the Federal Reserve Bank of Kansas City 2017 in Jackson Hole, U.S.A.. **WYOMING, United States-...

  • Aug 21- For other diaries, please see:. 21- Aug Norway Auction of Treasury bills 21- Aug Netherlands DTC auction 22- Aug Japan Auction of 20- year government bonds 22- Aug Spain Auction of 3- and 9- month Treasury bills 23- Aug United States Sale of 2- year floating rate notes 23- Aug United Kingdom Auction of 0 3/ 4% Treasury Gilt 2023 23- Aug Germany Auction of 10-...