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Wires

  • *Oct core machinery order +5.0 pct m/m vs consensus +3.0 pct. TOKYO, Dec 13- Japanese machinery orders bounced back in October with a faster increase than expected, re-affirming the resilience of capital spending- a key driver in the economy's near two-year expansion. "Machinery orders from manufacturers were especially strong in October," said Daiju Aoki, UBS...

  • TOKYO, Dec 13- Toyota Motor Corp and Panasonic Corp on Wednesday said they would hold a joint news conference in Tokyo at 3:30 pm. The two companies did not give details on the content of the news conference. The Nikkei business daily reported earlier on Wednesday that Toyota and Panasonic were forming a tie-up to establish standards for batteries used in...

  • SEOUL, Dec 13- South Korea's government has called an emergency meeting to discuss the trading of cryptocurrencies, and measures on the market will be announced on Friday, a central bank official said on Wednesday. Vidente Co Ltd and Omnitel Inc, which hold stakes of South Korea's biggest bitcoin exchange Bithumb, fell 8.4 percent and 4.9 percent, respectively.

  • *Philippines had inoculated 830,000 children with vaccine. CHICAGO/ LONDON, Dec 12- When French drugmaker Sanofi published the results of clinical trials of children given its dengue vaccine two years ago, the overall findings were that it protected against the world's biggest and fastest growing mosquito-borne disease. More than two years later, it turns out...

  • TOKYO, Dec 13- Japan's Nikkei share average edged lower on Wednesday morning after tech stocks lost ground as they tracked their weaker U.S. counterparts, offsetting gains in the financial space. Suppliers of Apple such as Murata Manufacturing lost 0.6 percent and Taiyo Yuden dropped 1.6 percent after the U.S. tech giant's shares declined 0.6 percent...

  • It had settled down $1.35, or 2.1 percent, at $63.34 on Tuesday on a wave of profit-taking after news of a key North Sea pipeline shutdown helped send the global benchmark above $65 for the first time since mid-2015. West Texas Intermediate crude was up 36 cents, or 0.6 percent, at $57.50 a barrel, having earlier settled down 85 cents at $57.14. After settlement on...

  • HOUSTON, Dec 12- Oil prices fell sharply on Tuesday, as traders took profits after prices surged early to a two-year high on an unplanned closure of the pipeline that carries the largest North Sea crude oil grade. Selling picked up after the U.S. Energy Information Administration said in its monthly short-term energy outlook that U.S. crude oil output will rise by...

  • BUENOS AIRES/ BRASILIA, Dec 12- Trade talks between the European Union and South America's Mercosur bloc will likely extend into next year after European negotiators said they needed more time to respond to improved offers, a source close to Mercosur negotiators said on Tuesday. Mercosur delegates had hoped to announce a so-called political agreement...

  • SEOUL, Dec 13- South Korea's government has called an emergency meeting to discuss the trading of cryptocurrencies, and measures on the market will be announced on Friday, a central bank official said on Wednesday. Vidente Co Ltd and Omnitel Inc, which hold stakes of South Korea's biggest bitcoin exchange Bithumb, fell 8.4 percent and 4.9 percent, respectively.

  • SYDNEY, Dec 13- The fascination with virtual currencies feels more like a "speculative mania," the head of Australia's central bank said on Wednesday, just days after the launch of the world's first bitcoin futures. To tap in to the rapidly rising investor interest, Chicago- based derivatives exchange CBOE Global Markets began futures trading in bitcoins on...

  • LOS ANGELES— Comedian and legendary stoner Cheech Marin doesn't want your pot business to go up in smoke. That's why he's in a new public service announcement publicizing a California Secretary of State website for budding marijuana entrepreneurs. California on Friday began accepting applications from businesses that want to operate in the state's legal...

  • *Spot gold was steady at $1,243.10 an ounce at 0051 GMT, after marking its lowest since July 20 at $1,235.92 in the last session. Secretary of State Rex Tillerson offered on Tuesday to begin direct talks with North Korea without pre-conditions, backing away from U.S. demands that Pyongyang must first accept that any negotiations would have to be about giving up...

  • The Lawyers' Committee for Civil Rights and Economic Justice, which represents the women, says Tuesday's complaint against McCormick& Schmick's Seafood Restaurants details a "humiliating" and "toxic" work environment at the chain's location near Boston's historic Faneuil Hall. A spokeswoman for the Landry's Inc., the Houston- based restaurant and hotel...

  • LONDON, Dec 12- Nickel is one of the materials expected to win from the coming electric vehicle revolution. Yet that is precisely what Brazil's Vale is doing, removing around 100,000 tonnes of supply over the next two years. While "everyone knows there are great opportunities" for nickel in the EV sector, "prices are not there," according to Vale Chief Executive Fabio...

  • MELBOURNE, Dec 13- The shortfall in Australia's gas supply has eased, the country's consumer watchdog said on Wednesday, but warned that prices remained high due to a lack of competition in supply, limited pipeline space and high transport costs. In a sign that pressure from regulators and the government has started working, the watchdog said gas prices offered...

  • BOSTON/ HOUSTON, Dec 12- Climate activists said on Tuesday they would take a tough shareholder resolution off the table at Exxon Mobil Corp after the company agreed to provide new details about how climate change could affect its business. In turn, one of the sponsors of the May resolution, New State Comptroller Thomas DiNapoli, moved to withdraw a refiled version...

  • *Investors await outcome of Alabama Senate election. TOKYO, Dec 13- Asian shares were treading water in early trade on Wednesday as crude oil futures steadied after a selloff, while a widely expected interest rate hike from the Federal Reserve underpinned the dollar. MSCI's broadest index of Asia-Pacific shares outside Japan was a few ticks higher in early...

  • SEOUL, Dec 13- South Korea's government has called an emergency meeting to discuss the trading of cryptocurrencies, and measures on the market will be announced on Friday, a central bank official said on Wednesday. The official declined to give further details. South Korea currently bans all financial institutions from dealing with virtual currencies.

  • *Alabama Senate election could upset dollar if Republican loses. TOKYO, Dec 13- The dollar stood near a four-week high against a basket of currencies on Wednesday after strong U.S. wholesale price figures kept the Federal Reserve on track for a widely-expected rate rise this week and more in 2018.. Against the yen, the dollar fetched 113.55 yen, having risen to a...

  • Republican tax writers were tinkering with how to best reconcile differences between bills passed by the House of Representatives and the Senate, without exacerbating the deficit impact of legislation that could add as much as $1.5 trillion to the national debt over the next decade, according to independent estimates. Both the Senate and House bills...