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Wires

  • TOKYO, Nov 20- Shares of Toshiba Corp fell nearly 5 percent early on Monday, a day after the troubled conglomerate said it would raise 600 billion yen from a sale of new shares in a key step that would allow it to stay publicly traded. The plan, reported by Reuters earlier this month, would help Toshiba avoid being delisted even if the $18 billion sale of its prized chip...

  • SANTIAGO, Nov 19- Conservative billionaire Sebastian Pinera will face center-left Senator Alejandro Guillier in a runoff for Chile's presidency next month, after placing first by a wide margin in Sunday's first-round election. With 81.75 percent of votes counted, Pinera, a 67- year-old former president and businessman, had clinched 36.67 percent, falling...

  • BEIJING, Nov 18- China's new home prices rose at a slightly faster pace in October after gains had held steady the previous month, as prices remained resilient in the face of falling sales and a tighter liquidity environment. China's housing market has seen a near two-year boom, giving the economy a major boost but stirring fears of a property bubble, with the...

  • TOKYO, Nov 20- Shares of Toshiba Corp fell nearly 5 percent early on Monday, a day after the troubled conglomerate said it would raise 600 billion yen from a sale of new shares in a key step that would allow it to stay publicly traded. Toshiba's board met on Sunday to approve the plan, which would plug a balance sheet hole left by the company's bankrupt U.S. nuclear power...

  • Politica l and General News 1/ 8 POL/ DIA RY 3/ 8. 20- Nov Netherlands DTC auction 21- Nov United States Sale of 2- year floating rate notes 21- Nov United Kingdom Auction of 0 1/ 8% Index-linked Treasury Gilt 2026 21- Nov Spain Auction of 3- and 9- month Treasury bills 22- Nov Germany Auction of 30- year Federal bonds 22- Nov Japan 3- month discount bill auction 22- Nov...

  • Badly damaged by a botched snap election and with Brexit talks running behind schedule, May is looking to stir up some economic optimism to help her fragile minority government through Britain's most uncertain period since World War Two. The central challenge of Wednesday's budget will be to improve Britain's persistently weak productivity, which lags...

  • LONDON, Nov 20- Britain's aerospace industry could face 1.5 billion pounds a year in extra costs after Brexit if firms exporting components to the European Union face additional checks at the border, industry body ADS Group said on Monday. Britain is struggling to make headway in negotiations with Brussels on arrangements for leaving the EU and the trading...

  • WASHINGTON, Nov 19- Opioid drug abuse, which has ravaged parts of the United States in recent years, cost the economy as much as $504 billion in 2015, White House economists said in a report made public on Sunday. The White House Council of Economic Advisers said the toll from the opioid crisis represented 2.8 percent of gross domestic product that year.

  • FRANKFURT- European Central Bank executive board member Sabine Lautenschlager speaks at IIF European CRO Forum in Frankfurt- 1215 GMT. BRUSSELS- European Central Bank President Mario Draghi speak to the European Parliament's ECON committee- 1400 GMT. BRUSSELS- EU General Affairs Council meeting.

  • FRANKFURT- European Central Bank executive board member Sabine Lautenschlager speaks at IIF European CRO Forum in Frankfurt- 1215 GMT. BRUSSELS- European Central Bank President Mario Draghi speak to the European Parliament's ECON committee- 1400 GMT. BRUSSELS- EU General Affairs Council meeting.

  • SANTIAGO, Nov 19- Billionaire conservative Sebastian Pinera will face center-left Alejandro Guillier in a runoff for Chile's presidency next month, electoral agency Servel said on Sunday. With over 80 percent of votes counted, former president Pinera had won 36.67 percent of ballots, according to Servel. With no candidate reaching the 50 percent of votes...

  • TOKYO, Nov 20- Japan's exports rose 14.0 percent in October from a year earlier, Ministry of Finance data showed on Monday, helped by brisk external demand and a weak yen. The result compared with a 15.8 percent increase expected by economists in a Reuters poll. That resulted in a trade surplus of 285.4 billion yen, against the median estimate for a 330 billion yen...

  • SINGAPORE, Nov 20- The euro extended its losses and hit a two-month low against the yen in Asian trade on Monday, after talks among four German parties seeking to form a coalition government following an election that weakened Chancellor Angela Merkel broke down. Against the yen, the euro touched a low of 131.16 yen, its weakest level since mid-September, and was...

  • SANTIAGO, Nov 19- Chileans voted for a successor to President Michelle Bachelet on Sunday, with billionaire conservative Sebastian Pinera leading in preliminary results, though he will almost certainly face a December runoff against a left-of-center candidate. Former TV anchorman, Senator Alejandro Guillier, the flagbearer for Bachelet's fractured...

  • The United States, Canada and Mexico are holding the fifth of seven planned rounds of talks to modernize NAFTA, which U.S. "As long as the United States is taking the position they are, this is a colossal waste of time," said Dias, who is advising the government and regularly meets the Canadian team. Canada and Mexico object to a number of demands the U.S. side unveiled...

  • Nov 20- Dividend payouts by Asia's biggest companies are poised for their biggest increase in six years as profits surge and pressure grows on firms to be more generous with their shareholders. "2017 is the year when earnings finally recover after five years of disappointing growth in Asia," said Frank Benzimra, head of Asia equity strategy at Societe Generale in...

  • BERLIN, Nov 19- Germany's would-be coalition partners appeared to have reached an impasse over immigration policy as a self-imposed Sunday evening deadline for agreeing the outlines of a government programme passed with no deal. A deadline of 1700 GMT passed with no announcement being made, suggesting Chancellor Angela Merkel's conservatives, the...

  • President Donald Trump would not insist on including repeal of an Obama-era health insurance mandate in a bill intended to enact the biggest overhaul of the tax code since the 1980 s, a senior White House aide said on Sunday. "If we can repeal part of Obamacare as part of a tax bill... that can pass, that's great," White House budget director Mick Mulvaney said on CNN's "...

  • The United States, Canada and Mexico are holding the fifth of seven planned rounds of talks to modernize NAFTA, which U.S. "As long as the United States is taking the position they are, this is a colossal waste of time," said Dias, who is advising the government and regularly meets the Canadian team. Canada and Mexico object to a number of demands the U.S. side unveiled...

  • HONG KONG/ PARIS, Nov 19- Chinese-owned aircraft leasing company Avolon has firmed up an order for 75 Boeing airplanes and may order 20 more, its parent Bohai Capital said on Sunday. The Dublin- based leasing group, founded by Chief Executive Domhnal Slattery, agreed to buy 55 Boeing 737 MAX 8 aircraft and 20 of the higher-capacity Boeing 737 MAX 10, Bohai said in a...