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Wires

  • *Deal comes as Google looks to expand its presence in China. BEIJING, Jan 19- Alphabet Inc's Google has agreed to a patent licensing deal with Tencent Holdings Ltd as it looks for ways to expand in China where many of its products, such as app store, search engine and email service, are blocked by regulators. Tencent oversees China's top social media and payments app,...

  • *China's 2017 GDP growth accelerates for first time in 7 years. **China's economy grew faster than expected in the fourth quarter of 2017 underpinned by an export recovery, defying concerns that intensifying curbs on industry and credit would hurt expansion. **China's blue-chip CSI300 index was up 0.46 percent, with its financial sector sub-index higher by 0.93...

  • NEW YORK, Jan 18- The U.S. government will not approve any investment by HNA Group until the Chinese conglomerate, which has been scrutinized around the world over its ownership structure, provides adequate information on who its shareholders are, a source familiar with the situation said. Failure to get U.S. regulatory support means that HNA's high-profile...

  • SYDNEY, Jan 19- Sweltering weather across southern Australia sparked power price spikes on Friday and prompted the national grid operator to put emergency generators on standby. The Australian Energy Market Operator, which runs the national electricity market, expected a decline in reserves in the states of Victoria and South Australia on Friday afternoon,...

  • SYDNEY, Jan 19- Sweltering weather across southern Australia sparked power price spikes on Friday and prompted the national grid operator to put emergency generators on standby. The Australian Energy Market Operator, which runs the national electricity market, expected a decline in reserves in the states of Victoria and South Australia on Friday afternoon,...

  • SYDNEY, Jan 19- Sweltering weather across southern Australia sparked power price spikes on Friday and prompted the national grid operator to put emergency generators on standby. The Australian Energy Market Operator, which runs the national electricity market, expected a decline in reserves in the states of Victoria and South Australia on Friday afternoon,...

  • SYDNEY, Jan 19- Sweltering weather across southern Australia sparked power price spikes on Friday and prompted the national grid operator to put emergency generators on standby. The Australian Energy Market Operator, which runs the national electricity market, expected a decline in reserves in the states of Victoria and South Australia on Friday afternoon,...

  • CANBERRA, Australia— A flying drone has dropped a flotation device to two teens caught in a riptide in heavy seas off the Australian coast in what officials describe as a world-first rescue. Monty Greenslade and Gabe Vidler got into trouble on Thursday at Lennox Head, 750 kilometers north of Sydney. After a friend raised the alert, lifeguard Jai Sheridan said he...

  • The SEC's division of investment management demanded answers to at least 31 detailed questions about how mutual funds or exchange-traded funds based on bitcoin would store, safeguard, and price that asset. "There are a number of significant investor protection issues that need to be examined before sponsors begin offering these funds to investors," said the...

  • Spot gold was up 0.3 percent at $1,331.10 an ounce by. Gold on Thursday touched its weakest level since Jan. 12 at $1,323.70, having fallen from recent four-month highs. U.S. gold futures were up 0.3 percent at $1,331.40.

  • The issues need to be addressed before sponsors begin offering these funds to retail investors, the SEC said in a letter on Thursday to two trade groups. "We have asked sponsors that have registration statements filed for such products to withdraw them," the SEC said. The SEC said it has questions concerning how funds holding substantial amounts of...

  • SINGAPORE, Jan 19- Oil prices dropped more than 1 percent on Friday as a bounce-back in U.S. production outweighed ongoing declines in crude inventories. Brent crude futures were at $68.46 at 0259 GMT, down 85 cents, or 1.2 percent, from their last close. West Texas Intermediate crude futures were at $63.02 a barrel, down 93 cents, or 1.5 percent, from their last...

  • *Asia stocks stretch gains but stalling Wall St caps rise. TOKYO, Jan 19- Asia stocks edged up to record highs on Friday, although losses on Wall Street slowed the advance, while worries over a possible U.S. government shutdown weighed on the dollar. MSCI's broadest index of Asia-Pacific shares outside Japan added 0.3 percent to a record top.

  • SINGAPORE, Jan 19- Chicago soybean futures rose for a fifth consecutive session on Friday with the market poised for its biggest weekly gain in three months on support from dry weather hurting the crop in Argentina, the world's third largest supplier. Dry weather is persisting across a key growing region in Argentina, the world's third largest exporter of...

  • *Aegean Bunkering Pte Ltd on Friday said it had this week left the world's largest marine fuels market in Singapore after handing back its supply and craft operator licenses. *The company had announced in October that it would halt physical supply operations in Singapore by January amid heightened commercial pressures after the city-state adopted tougher...

  • BEIJING, Jan 19- China's better-than-expected economic growth in the fourth quarter of last year was supported by continued strength in the services industry and an expanding agricultural sector, official data published on Friday showed. Services grew 8.3 percent from a year earlier, accelerating from the 8 percent pace in the third quarter, while...

  • REUTERS POLL- AUSTRALIA CPI INFLATION SEEN AT 2.0 PCT FOR 2017, 2.2 PCT IN 2018 AND 2.3 PCT IN 2019.

  • SYDNEY, Jan 19- Australia's economy is seen cruising at a comfortable click over the next two years courtesy of strength in jobs, business investment and public spending, though miserly wage growth and a heavily-indebted consumer lurk as threats. Economists polled by Reuters estimated Australia's A $1.8 trillion of annual gross domestic product expanded...

  • REUTERS POLL- AUSTRALIA MEDIAN ECONOMIC GROWTH FORECAST STAYS AT 2.3 PCT FOR 2017, 2.8 PCT FOR 2018 AND 2019.

  • LOS ANGELES— The parent company of the Los Angeles Times is investigating allegations of inappropriate behavior by Ross Levinsohn, the newspaper's CEO and publisher. The company, Tronc, began the investigation Thursday after a National Public Radio story detailed two sexual harassment lawsuits that named Levinsohn while he worked at Alta Vista and News...