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  • 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 $68.65 a barrel at 0802 GMT, down 66 cents, or 0.95 percent, from their last close. West Texas Intermediate crude futures were at $63.23 a barrel, down 72 cents, or 1.1 percent, from their...

  • The plan puts the FDA at the center of a long-standing debate over so-called "reduced-risk" products, such as e-cigarettes, and whether they should have a role in anti-smoking efforts, which have long focused exclusively on getting smokers to quit. The FDA plan is two-fold: drastically cut nicotine levels in cigarettes so that they are essentially...

  • FRANKFURT, Jan 19- Finland's Nokia said on Friday it signed its first major deal to supply new 5 G wireless radio base stations to Japanese telecom operator NTT DoCoMo, which boasts nearly half of the country's mobile subscribers. The contract marks Nokia's first sizeable deal for its flagship mobile base station equipment based on official global New Radio...

  • JAKARTA/ KUTA, Indonesia, Jan 19- Indonesian authorities are investigating the use of bitcoin in the holiday island of Bali, amid warnings by the central bank in Southeast Asia's biggest economy over the risks posed by virtual currencies, an official said. The probe started after the central bank on Dec. 7, 2017 issued a regulation banning the use of...

  • *Five-decade-old JV is 75 pct owned by Fujifilm. Jan 18- Hedge fund investor Carl Icahn has called for the termination or renegotiation of Xerox Corp's long-running photocopier joint venture with Fujifilm Holdings, reiterating demands for a change of leadership at Xerox. In an open letter addressed to shareholders on Thursday, Icahn added his voice to that of...

  • BEIJING, Jan 19- Shanghai aluminium prices rose on Friday, buoyed by the first acceleration in China's GDP growth in seven years and by a pollution alert in a major industrial province. Late on Thursday, the city of Zhengzhou, capital of the key aluminium-smelting province of Henan, raised its alert for air pollution to red, the highest level, effective from Friday.

  • BEIJING, Jan 19- Shanghai aluminum prices rose on Friday, buoyed by the first acceleration in China's GDP growth in seven years and by a pollution alert in a major industrial province. Late on Thursday, the city of Zhengzhou, capital of the key aluminum-smelting province of Henan, raised its alert for air pollution to red, the highest level, effective from Friday.

  • TOKYO, Jan 19- Japanese government bond prices were steady to slightly firmer on Friday after the results of the Bank of Japan's bond purchase showed limited selling interest. The price of the 10- year JGB futures ended up 0.01 point at 150.38, while the yield on the cash benchmark 10- year JGBs was flat at 0.075 percent. The BOJ offered to buy 80 billion yen of JGBs...

  • *Shanghai stocks higher, blue-chip CSI300 index up. *Gains in Shanghai stocks led by Dongxing Securities Co Ltd. SHANGHAI, Jan 19- China stocks ended at fresh two-year highs on Friday, with the Shanghai index posting its fifth straight week of gains, as banks extended their rally and after the country posted its first acceleration in full-year growth in seven years.

  • Spot gold was up 0.4 percent at $1,332 an ounce by. U.S. gold futures were up 0.4 percent at $1,332. Legislation to stave off an imminent federal government shutdown encountered obstacles in the U.S. Senate late on Thursday, despite the passage of a month-long funding bill by the House of Representatives hours earlier.

  • Jan 19- HDFC Bank Ltd reported a record high quarterly profit, as an increase in interest and fee incomes as well as a steady non-performing loan ratio boosted the bottom line for India's second-largest lender by assets. That was its highest ever quarterly profit and broadly in line with the 46.31 billion rupees analysts had expected on average, according to...

  • The company told Reuters it had carried out a test run in one store in Geneva and would launch the business more widely at its outlets in Switzerland this year. If this proved successful, it said it would roll out the operation in the United States and Japan. "Second-hand is the next big thing in the watch industry," Chief Executive Francois-Henry Bennahmias told...

  • EXCLUSIVE- CREDIT CARD PROCESSING FIRM EXPECTS TO COMPLETE TRANSACTION.

  • EXCLUSIVE- BRAZILIAN CREDIT CARD PROCESSING FIRM STONE PAGAMENTOS PLANS TO FILE FOR IPO IN NEW YORK- SOURCES.

  • SAO PAULO, Jan 19- Brazilian credit card processing firm Stone Pagamentos SA is planning its initial public offering in New York by the second half of the year, three people with knowledge of the matter said, to raise funds to compete with larger rivals Cielo SA and the Rede division of Itaú Unibanco Holding SA. The company, controlled by founders André Street and...

  • HONG KONG— Asian stock markets were muted and the dollar fell on Friday following Wall Street's retreat as the threat of a U.S. federal government shutdown loomed on the weekend. KEEPING SCORE: Japan's benchmark Nikkei 225 edged 0.2 percent higher to 23,808.06 and South Korea's Kospi gained 0.2 percent to 2,520.26. Hong Kong's Hang Seng slipped 0.1 percent to...

  • Jan 19- HDFC Bank Ltd, India's second-biggest lender by assets, on Friday reported a record-high quarterly profit, helped by an increase in interest and fee incomes. Net profit rose 20 percent to 46.43 billion rupees for the third quarter ended Dec. 31, from 38.65 billion rupees a year ago. The latest quarterly profit was the highest ever for HDFC Bank, India's...

  • WASHINGTON— Threatening to shutter the federal government unless demands are met— who would do that? Some of the same Republicans who claim to abhor the bare-knuckle tactic now playing out in Washington have used it themselves. President Donald Trump in May griped via Twitter that Congress' negotiating process was frustrating his drive to enact his agenda.

  • TOKYO, Jan 19- Japan's Nikkei share average edged up on Friday with financial stocks leading the gains after U.S. yields rose, while GMO Internet soared after an activist fund called on the company to change its governance structure. Shares of internet and cryptocurrency firm GMO Internet climbed 4.7 percent after Hong Kong- based activist investor Oasis...

  • *India terminated over 50 bilateral investment treaties in March. *India in talks to renegotiate treaties with dozens of nations. NEW DELHI, Jan 19- Having cancelled investment treaties with about 50 foreign governments last year, India is struggling to convince some to accept new terms that make it harder to seek international arbitration for disputes,...