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Wires

  • *Asia stocks draw support from overnight Wall Street rally. TOKYO, Aug 23- Asian stocks edged higher on Wednesday to extend a global rally spurred by gains for tech shares on Wall Street and miners in Europe, while the dollar was buoyant against the euro and yen ahead of a meeting of central bankers later in the week. Asia took its cues from Wall Street, which saw the Dow...

  • SHANGHAI, Aug 23- French shipping group CMA CGM plans to build nine of the world's largest container ships at two Chinese shipyards, the China Daily newspaper reported on Wednesday. Shanghai Waigaoqiao Shipbuilding Co confirmed that it and its sister yard Hudong-Zhonghua Shipbuilding Co, had received a letter of intent from CMA CGM for the ships, which would be...

  • Aug 23- For other diaries, please see:. 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- year Federal bonds 23- Aug Sweden Auction of government bonds 24- Aug Japan 3- month discount bill auction 28- Aug United States Sale of 2- year notes 28- Aug United States Sale of 5-...

  • WEDNESDAY, AUGUST 23 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. STOCKHOLM- Riksbank First Deputy Governor Kerstin af Jochnick will participate in a seminar on current issues in the Swedish economy- 1100 GMT. JACKSON HOLE, Wyoming- Luncheon address by...

  • Aug 23- For other diaries, please see:. 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- year Federal bonds 23- Aug Sweden Auction of government bonds 24- Aug Japan 3- month discount bill auction 28- Aug United States Sale of 2- year notes 28- Aug United States Sale of 5-...

  • WEDNESDAY, AUGUST 23 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. STOCKHOLM- Riksbank First Deputy Governor Kerstin af Jochnick will participate in a seminar on current issues in the Swedish economy- 1100 GMT. JACKSON HOLE, Wyoming- Luncheon address by...

  • HONG KONG, Aug 23- The Hong Kong stock exchange has delayed the start of trading on both the securities and deriviatives markets on Wednesday morning due to Typhoon Hato. Trading in the securities market, including Stock Connect trading, and derivatives market has been delayed due to the issuance of typhoon signal No 8, the city's third-highest weather warning,...

  • NEW YORK, Aug 22- A flurry of departures across the U.S. and Canadian units of Chinese state energy firm PetroChina Co Ltd have sparked speculation that the oil trader is reducing its presence in North America, even though the company says it is committed to the region. Nearly a dozen sources in New York, Calgary, Houston and Singapore, including current and former...

  • Shares of the company slipped 1 percent after the bell on Tuesday after closing at $92.95 on the New York Stock Exchange. The San Francisco- based tech giant's net income grew to $241 million, or 33 cents per share, from $170 million, or 24 cents per share, a year earlier. The company also reported deferred revenue- a key metric for the subscription-based software...

  • SAO PAULO, Aug 22- Brazilian stocks on Tuesday shot to a six-year high after the government unveiled plans to privatize power utility Centrais Elétricas Brasileiras SA, while Mexican shares rose after data showed the economy kept up steady growth in the second quarter. Brazil's Bovespa stock index rose 2.0 percent, topping the 70,000 mark for the first time...

  • Aug 22- Online travel provider Expedia Inc is looking to build up its rail booking services in the United States, Chief Executive Dara Khosrowshahi said in an interview with Reuters on Tuesday. The Bellevue, Washington- based company, which offers online bookings of hotels, flights and cars for travelers, is working to expand those capabilities to passenger...

  • TOKYO, Aug 23- Japan's Toshiba Corp is prioritising talks with Western Digital to sell its memory chip business, as negotiations with a previously preferred bidder have stalled, the Nikkei business daily reported on Wednesday. In June, it picked a consortium including Japanese government-backed funds, private equity firm Bain Capital and South Korean chip...

  • TOKYO, Aug 23- Japan's Toshiba Corp is prioritizing talks with Western Digital to sell its memory chip business, as negotiations with a previously preferred bidder have stalled, the Nikkei business daily reported on Wednesday. In June, it picked a consortium including Japanese government-backed funds, private equity firm Bain Capital and South Korean chip...

  • Total operating costs rose 19.7 percent to $1.84 million in the second quarter ended July 31. Revenue from Sales Cloud, the company's flagship product, rose 17.4 percent to $886.4 million, while total revenue rose 25.8 percent to $2.56 billion. Salesforce's net income fell to $17.7 million, or 2 cents per share, in the latest quarter from $229.6 million, or 33 cents...

  • The countervailing duties on soy-based Argentina biodiesel could be as much as 64.17 percent, according to a statement from the U.S. Commerce Department. Argentina accounts for two-thirds of U.S. biodiesel imports, which totaled 916 million gallons in 2016, according to U.S. government data. The compensatory duties imposed result in an immediate stoppage of...

  • NEW YORK— Federal regulators searching for money laundering schemes are digging deeper into who is behind luxury real estate purchases in certain parts of the U.S. The Financial Crimes Enforcement Network said Tuesday it's adding wire transfers to the list of all-cash buys it monitors during certain types of high-end deals. The monitoring will be done on...

  • BRASILIA/ RIO DE JANEIRO, Aug 22- Brazil's surprise move to privatize Centrais Eletricas Brasileiras SA sent the utility's shares soaring nearly 50 percent on Tuesday as investors bet the plan augured further moves to loosen the government's grip on the economy. The transaction should be concluded by mid-2018 and could involve the sale of new stock to help...

  • Temer's allies were confident the measure would still be approved on Wednesday morning, in time for a final vote by both houses of Congress before the September 7 deadline. Brazil's currency weakened 0.4 percent against the U.S. dollar, reversing earlier gains as investors feared for the strength of Temer's coalition in Congress. Temer is also seeking...

  • NEW YORK, Aug 22- A federal indictment against Wilmington Trust Corp and four former executives for allegedly hiding soured loans may need to be dismissed if it was obtained through false grand jury testimony, lawyers for the defendants said on Tuesday. "The defendants' motion is without merit and the government will be filing a response in due course," David Weiss,...

  • HOUSTON, Aug 22- Chevron Corp Chief Executive John Watson will step down by the end of next month and likely be replaced by Vice Chairman Mike Wirth, a source familiar with the matter told Reuters on Tuesday. The move would copy rival Exxon Mobil Corp, which earlier this year named refining expert Darren Woods as its own CEO, a step widely seen as prioritizing cash...