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  • LONDON, Aug 17- Gold rose for a second consecutive day on Thursday after Federal Reserve officials hinted that U.S. interest rates could rise more slowly than expected, while palladium hit a new 16- year high, supported by strong industrial metals markets. The minutes of the Fed's July 25-26 policy meeting showed some policymakers wished to halt further rate...

  • BEIJING— China has warned "there is no winner in a trade war" after an aide to President Donald Trump called in published comments for a tougher stance toward Beijing. A foreign ministry spokeswoman, Hua Chunying, said Thursday both sides have benefited from trade. In comments to The American Prospect posted online, Trump's chief strategist, Steve Bannon, said the...

  • *Romania, Hungary seen smoothly selling bonds at auctions. BUDAPEST, Aug 17- Central European assets firmed on Thursday, after robust second-quarter economic output figures in the region and ahead of bond auctions in Budapest and Bucharest. Hungary tenders 3-, 5- and 15- year bonds.

  • BRUSSELS, Aug 17- The European Union has levied provisional tariffs as high as 42.8 percent on some Chinese cast iron products after an eight-month investigation found unfairly low prices hurt the bloc's producers. The Commission's Aug. 16 decision published in its Official Journal on Thursday was triggered by a complaint from Fondatel Lecompte SA, Ulefos...

  • *Some Fed members call for halt in rate hikes. LONDON, Aug 17- Most euro zone government bond yields fell on Thursday, tracking an earlier move in U.S. "Fed communications are cementing expectations of a very gradual approach to monetary tightening," Mizuho's head of euro rates strategy Peter Chatwell said.

  • LONDON, Aug 17- Emerging stocks sailed higher for a second day and many currencies firmed on Thursday after diminishing U.S. interest rate prospects and political upheaval in Washington hurt the dollar while choppy commodity prices cast a shadow over some markets. In Asia, heavyweights South Korea and Taiwan as well as Chinese mainland stocks rose around half...

  • BEIJING, Aug 17- Chinese authorities have issued a warning to the country's top e-commerce platforms, including Alibaba Holding Group Ltd's Taobao.com, over the sale of illegal virtual private networks that allow users to skirt state censorship controls. Five websites have been asked to carry out immediate "self-examination and correction" to remove...

  • LONDON, Aug 17- European shares edged lower on Thursday, set to break their three-day winning streak as banks fell following a set of cautious minutes from the U.S. The pan-European STOXX 600 index was down 0.3 percent by 0845 GMT, while euro zone blue chips fell 0.5 percent. Britain's FTSE 100 fell 0.3 percent, as did Germany's DAX.

  • *France set for strongest growth since 2011- INSEE. PARIS, Aug 17- France's unemployment rate fell to its lowest level in five years during the second quarter, boosting President Emmanuel Macron as he pushes through reforms to ease employment regulations. Lorne Baring, managing director of Geneva- based investment company B Capital, said the unemployment data...

  • *China's gasoline demand to slow sharply- BMI. LONDON, Aug 17- Oil prices steadied on Thursday after U.S. data showed a big fall in crude stockpiles but also an increase in production, taking U.S. crude output to its highest in more than two years. U.S. light crude was 5 cents lower at $46.73.

  • TORONTO _ Banro Corp. on Wednesday reported a loss of $21.8 million in its second quarter. On a per-share basis, the Toronto- based company said it had a loss of 23 cents. This story was generated by Automated Insights using data from Zacks Investment Research.

  • *FTSE 100 down 0.2 pct. The FTSE 100 fell 0.2 percent, heading for its first down day this week, following the lead of European indexes which edged back after a set of cautious minutes from the U.S. The FTSE 350 banking index, which had outperformed the FTSE 100 recently, fell back 1.2 percent.

  • *FTSE 100 down 0.2 pct. The FTSE 100 fell 0.2 percent, heading for its first down day this week, following the lead of European indexes which edged back after a set of cautious minutes from the U.S. The FTSE 350 banking index, which had outperformed the FTSE 100 recently, fell back 1.2 percent.

  • SHANGHAI, Aug 17- Ping An Insurance Group Co of China, the country's second-largest insurer by market value, on Thursday reported a 6.5 percent rise in first-half net profit on robust growth in life insurance premiums. Net profit came in at 43.43 billion yuan for the six months to June, versus 40.78 billion yuan a year ago, according to a filing with the Hong Kong...

  • LONDON, Aug 17- Mining major BHP said on Thursday it was spending $2.46 billion to extend the life of the Spence copper mine in northern Chile by more than 50 years, creating up to 5,000 jobs and bringing new output online from 2021.. BHP Chief Executive Officer Andrew Mackenzie, under pressure from activist investors Elliott Advisors to increase shareholder...

  • *Cathay sees smaller drop in ticket prices in second half of year. SINGAPORE, Aug 17- Cathay Pacific Airways Ltd shares rose as much as 6 percent on Thursday, as analysts said they believed losses had bottomed for the Hong Kong airline after it reported its worst first-half result in at least two decades. "We see some bottom out effect in some routes in terms of lower...

  • LONDON— Official figures show that retail sales in Britain rose by a solid if unspectacular 0.3 percent in July from the month before. The Office for National Statistics said Thursday that strong food sales were largely behind the monthly increase. Senior statistician Ole Black said trends in growth in different sectors are "proving quite volatile."

  • SEOUL, Aug 17- Hyundai Motor Co said on Thursday it was placing electric vehicles at the centre of its product strategy- one that includes plans for a premium long-distance electric car as it seeks to catch up to Tesla and other rivals. Like Toyota Motor Corp, Hyundai had initially championed fuel cell technology as the future of eco-friendly vehicles but has...

  • *Commodities higher on expectation of China curbing supply. LONDON, Aug 17- European stocks and bond yields fell in early trade on Thursday after the Federal Reserve expressed concern over weak U.S. inflation, a trend which has clouded the outlook for the world's largest economy. Germany's DAX, France's CAC 40 and the UK's FTSE 100 all fell 0.1 percent.

  • ZURICH, Aug 17- Straumann shares hit an all-time high on Thursday after the Swiss dental implant maker's first-half profit beat analyst expectations and as it plowed more than $150 million into acquisitions aimed at accelerating growth. Straumann bought Texas- based ClearCorrect for about $150 million and took a separate 38 percent stake in Spain's Geniova...