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  • 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,...

  • WASHINGTON— A bitterly-divided Congress hurtled toward a government shutdown this weekend in a partisan stare-down over demands by Democrats for a solution on politically fraught legislation to protect about 700,000 younger immigrants from being deported. "Democratic senators' fixation on illegal immigration has already blocked us from making...

  • Cities like Detroit, Memphis, Tennessee; and Gary, Indiana, failed to make Amazon's first cut as the online giant narrowed its list to 20 prospective sites for the $5 billion project that could employ up to 50,000 people. Larry Hogan floated an incentive package of more than $5 billion to lure the second headquarters to Montgomery County. New Jersey's pitch...

  • SAN FRANCISCO, Jan 19- Netflix Inc's quarterly report on Monday may offer an advanced preview of whether Facebook Inc, Amazon.com Inc and other heavyweights behind much of the U.S. stock market's record-breaking rally can keep delivering. Its stock recently traded at 95 times expected earnings for the next 12 months, versus AMC Entertainment at 44 times...

  • NEW YORK, Jan 19- Some traders at the largest Wall Street banks are about to get big, fat zeroes for bonuses while they watch markets thrive. The big five Wall Street banks JPMorgan Chase& Co, Citigroup Inc, Bank of America Corp, Goldman Sachs Group Inc and Morgan Stanley reported an average revenue decline of 32 percent for the fourth quarter, and 12 percent for the full...

  • TOKYO, Jan 19- Japanese asset manager Sparx Asset Management said on Friday it has sent shareholder proposals to Teikoku Sen-i requesting the Japanese textile company increase dividend payment and shorten the term for directors. This is only the second time the asset manager has ever exercised its right to submit a shareholder proposal, as shareholders grow...

  • LINCOLNSHIRE, Ill., Jan 19- HydraForce Inc is going to almost desperate lengths, including offering to bus in out-of-town workers, to find the muscle it needs to meet growing demand for hydraulic valves from its three factories north of Chicago. The Lincolnshire, Ill.- based firm, which wants to add 125 employees to its workforce of 850 this year, has six job fairs...

  • *Trade data at 2350 GMT on Tues, CPI due at 2330 GMT Thur. TOKYO, Jan 19- Japan's consumer prices are expected to have posted a 12th straight month of gains in December, a Reuters poll found, although the persistently modest inflation will pressure the central bank to maintain its stimulus to meet its 2 percent target. Analysts forecast core consumer prices in Tokyo,...

  • The U.S. House of Representatives passed a bill on Thursday to fund government operations through Feb. 16 and avoid agency shutdowns this weekend when existing allocations expire. The bill still is yet to be approved by the Senate, where it faces an uncertain future. The prospect of Senate approval has been complicated by President Donald Trump saying an...

  • 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.

  • 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.

  • TOKYO, Jan 19- Asia stocks shook off losses on Wall Street and edged up to record highs on Friday following China's announcement of faster-than-expected fourth quarter growth, while worries over a possible U.S. government shutdown weighed on the dollar. MSCI's broadest index of Asia-Pacific shares outside Japan added 0.4 percent to a record top.

  • WASHINGTON— It's a stretch, at best, to think the military would bear the brunt of a partial government shutdown, as President Donald Trump asserted Thursday at the Pentagon. Although he was meeting Defense Secretary Jim Mattis and other senior Pentagon officials to get briefed on two key defense reports— on nuclear policy and defense strategy— Trump emphasized...

  • WASHINGTON— A top manager who supervises the Environmental Protection Agency program responsible for cleaning up the nation's most contaminated properties and waterways told Congress on Thursday that the government needs to plan for the ongoing threat posed to Superfund sites from climate change. The testimony by EPA Principal Deputy Assistant...

  • SHANGHAI, Jan 19- China's yuan extended gains against the U.S. dollar on Friday to breach the key 6.4 per dollar level for the first time in more than two years, underpinned by broad weakness in the greenback. The Chinese currency looked set for its sixth straight weekly gain, the longest winning streak since January 2017. "We still believe that the People's Bank of...

  • The Republican-controlled House approved funding through Feb. 16 on a mostly partisan vote of 230-197, sending the stopgap bill to the Senate for consideration as President Donald Trump pushed hard for a measure to sign before Friday's deadline. However, a mix of Democrats and Republicans in the Senate who oppose the House bill for varying reasons left the...

  • 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. The joint venture, called Fuji Xerox, reported operating profit of about $750 million on sales of $10 billion in the year ended last March.

  • *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,...