CNBC Utilities Page Wires

  • U.S. STOCK FUTURES GAIN 0.4 PCT, JAPAN'S NIKKEI ALSO TURNS POSITIVE.

  • EX- JAPAN ASIA-PACIFIC MSCI INDEX TURNS POSITIVE AFTER NEWS OF TRADE TALKS BETWEEN U.S.

  • *Beijing to send delegation to Washington in late August. SINGAPORE, Aug 16- Oil prices on Thursday recouped some of the previous day's losses after Beijing said it would send a delegation to Washington in an attempt to resolve trade disputes between the United States and China that have roiled global markets. Traders said Thursday's market moves followed in...

  • HONG KONG, Aug 16- Shares of Chinese technology giant Tencent Holdings plunged on Thursday after it reported its first quarterly profit fall in nearly 13 years and said it did not know whether it would get Chinese approval for its most popular game. Tencent said late on Wednesday the biggest issue facing the company before it could return to rapid revenue growth...

  • HONG KONG, Aug 16- Chinese PC maker Lenovo Group swung to a profit and beat estimates in the first quarter on Thursday, helped by a sharp jump in revenue. Net profit came in at $77 million for the three months ended in June, compared with a loss of $72.3 million in the same period a year earlier when it was hit by higher costs amid a shortage of components.

  • BEIJING, Aug 16- Shanghai base metals dropped sharply on Thursday, with copper and zinc plumbing fresh one-year lows after a broad sell-off in London in the previous session before bouncing back slightly on news of fresh U.S.- China trade talks. *SHFE COPPER: The most-traded October copper contract on the Shanghai Futures Exchange fell as much as 3.3 percent to...

  • TOKYO, Aug 16- Asian shares hit fresh one-year lows in early trading on Thursday, while oil and precious metal prices also tumbled as Turkey's currency crisis and fears of an economic slowdown in China fanned worries about global growth. MSCI's broadest index of Asia-Pacific shares outside Japan fell 1.0 percent, while Japan's Nikkei and the Australian...

  • CHINA'S SOYBEAN FUTURES DOWN 1.7 PCT, SOYMEAL FALLS 1.4 PCT ON NEWS OF FRESH ROUND OF U.S.- CHINA TRADE TALKS.

  • *Turkey doubles tariffs on U.S. cars, alcohol, cigarettes. ISTANBUL/ WASHINGTON, Aug 15- The United States on Wednesday ruled out removing steel tariffs that have contributed to a currency crisis in Turkey even if Ankara frees a U.S. pastor, as Qatar pledged $15 billion in investment to Turkey, supporting a rise in the Turkish lira. The White House stance appeared to...

  • BEIJING, Aug 16- A Chinese delegation led by vice commerce minister Wang Shouwen will travel to the United States for trade talks in late August, China's Ministry of Commerce said on Thursday. The talks are at the invitation of the United States and will be held with U.S. China's commerce ministry said in its statement that China will not accept any unilateral...

  • TOKYO, Aug 16- Japanese regulators are investigating Apple Inc over allegations it unfairly pressured Yahoo Japan Corp to slow the expansion of its online games platform, which competes with Apple's App Store, Japanese media reported on Thursday. The Fair Trade Commission is looking at whether Apple interfered in Yahoo Japan's operations by pressuring it to...

  • SINGAPORE, Aug 16- Chicago corn futures lost more ground on Thursday with prices being pressured by expectations of a bumper U.S. harvest and a strong dollar. *The dollar held near a 13- month peak on Thursday as political turmoil in Turkey and concerns about China's economic health continued to support safe-haven assets and weighed on emerging market...

  • BENGALURU, Aug 16- Gold prices shed over one percent on Thursday to hit their lowest in more than 19 months, with the U.S. dollar holding steady near a recent peak as concerns about a Turkey crisis and China's economic health weighed on emerging market currencies. *The United States on Wednesday ruled out removing steel tariffs that have contributed to a currency...

  • HONG KONG, Aug 16- Shares of Chinese technology giant Tencent Holdings were set to slide 4.8 percent on Thursday after it reported its first quarterly profit fall in nearly 13 years and said it had no clarity on when it may get China approval for its most popular game. Tencent's shares, which have dropped 13.5 percent so far this week, were set to open at HK $320.

  • CHICAGO, Aug 15- Since he was in fourth grade, Dennis Noltes stepson Jacob has been tacking Massachusetts Institute of Technology posters to his bedroom wall and dreaming of attending some day. Nolte, who is a financial planner in Winter Park, Florida, compares the high cost of a private university such as MIT to Florida state schools, where the total cost of tuition,...

  • CHICAGO, Aug 15- Since he was in fourth grade, Dennis Noltes stepson Jacob has been tacking Massachusetts Institute of Technology posters to his bedroom wall and dreaming of attending some day. Nolte, who is a financial planner in Winter Park, Florida, compares the high cost of a private university such as MIT to Florida state schools, where the total cost of tuition,...

  • TOKYO, Aug 16- The dollar held near a 13- month peak on Thursday as political turmoil in Turkey and concerns about China's economic health continued to support safe-haven assets and weighed on emerging market currencies. The currency plunged to an all-time low at the start of the week as tensions between Ankara and Washington flared and worries increased...

  • LONDON, Aug 15- The world used almost 2.2 million tonnes of nickel last year. Global output rose by 5.8 percent last year and accelerated by another 9.5 percent in the first quarter of 2018, according to the International Stainless Steel Forum. The International Nickel Study Group estimates that global first-use nickel usage jumped by 7.8 percent last year and...

  • HONG KONG, Aug 16- Chinese PC maker Lenovo Group swung to a profit and beat estimates in the first quarter on Thursday, helped by a sharp jump in revenue. Net profit came in at $77 million for the three months ended in June, compared with a loss of $72.3 million in the same period a year. Revenue rose 19 percent from a year earlier to $11.91 billion, compared with an average...

  • TOKYO, Aug 16- Japan's export growth slowed more than expected in July as shipments to the United States fell for a second straight month, with the automotive sector down sharply as global trade disputes cast doubts over the strength of foreign demand. Japan's exports to the United States fell 5.2 percent year-on-year in July, down for a second straight month, due...