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  • BERLIN, Feb 19- The most difficult part in trade negotiations between Europe and the United States is starting now and talks should focus on reducing tariffs on industrial goods to increase the chances of a deal, German Economy Minister Peter Altmaier said on Tuesday. A confidential U.S. Commerce Department report sent to President Donald Trump over the...

  • *FX moves have impact on economy, prices- Kuroda. *Adds must weigh the benefits, costs of any further easing. TOKYO, Feb 19- Bank of Japan Governor Haruhiko Kuroda said on Tuesday the central bank was ready to ramp up stimulus if sharp yen rises hurt the economy and derail the path towards achieving its 2 percent inflation target.

  • SHANGHAI, Feb 19- Shanghai stocks ended flat after briefly touching a near five-month high on Tuesday, as investors booked profits following a surge in the previous session. **Reports of progress in trade talks between the United States and China have prompted investors to be mildly optimistic that the two countries can reach a compromise by March 1 that will...

  • *Q4 sales rise 10 pct to 4.7 bln EUR. BERLIN, Feb 19- Germany's HeidelbergCement shrugged off concerns about trade wars and a disorderly Brexit to forecast higher demand for cement this year as rising deliveries of building materials helped fourth-quarter earnings beat expectations. Chief Executive Bernd Scheifele said he did not foresee a repeat of...

  • *Activia sales flat in Europe in Q4. Danone, which bought U.S. organic food group WhiteWave in 2017, made the forecasts after delivering higher 2018 earnings and stronger-than-expected fourth quarter sales despite a consumer boycott in Morocco and weaker demand for infant formula products in China. Danone, which is the world's largest yoghurt maker and which...

  • BEIJING, Feb 19- Shanghai aluminum prices fell on Tuesday, after Malaysia said it would not extend a moratorium on mining bauxite when it expires on March 31, potentially reducing costs in the aluminum supply chain for top producer China. "Not only is there a lack of fundamental support for the aluminum market, the cost support from bauxite may start to fade," Helen...

  • LONDON, Feb 19- British engineer Cobham said on Tuesday it would take an additional exceptional charge of 160 million pounds in relation to a dispute with Boeing over an aerial refueling program. Cobham, Britain's third biggest defense and aerospace group after Rolls-Royce and BAE Systems, said the charge comprised 86 million pounds relating to the...

  • *Palladium hits fresh high of $1,475.5/ oz. A new round of talks between Beijing and the United States to resolve their trade spat will take place in Washington later in the day, with follow-up sessions at a higher level in the course of the week. "If there is progress in trade talks there will be increasing appetite for emerging-market currencies, and the U.S. dollar...

  • *Oil Search 2018 net profit up 13 pct, misses forecasts. MELBOURNE, Feb 19- Australia's Oil Search is confident its partners ExxonMobil Corp and Total SA will be ready to sign off on two big projects in 2020 that together will double liquefied natural gas exports from Papua New Guinea. "It was a very tough year in Papua New Guinea for a range of reasons and it started...

  • BEIJING, Feb 19- An 800,000 tonnes per year alumina refinery in the southwestern Chinese city of Chongqing has restarted after 4-1/ 2 years, state media and an official with the plant's new operator said, as the nation's demand for the aluminum raw material grows. China churned out 72.53 million tonnes of alumina in 2018, up 9.9 percent from the year before,...

  • BERLIN, Feb 19- Germany's current account surplus shrank but remained by far the world's largest last year due to strong exports, according to data from the Ifo institute on Tuesday that is likely to renew criticism of Chancellor Angela Merkel's fiscal policies. The International Monetary Fund and the European Commission have urged Germany for years to do...

  • TOKYO, Feb 19- Japanese shares ticked up to new two-month highs on Tuesday on hopes of a breakthrough in U.S.- China trade talks, though the gains were led by defensive shares as investors remained cautious on the global economic outlook. SoftBank Group shares dropped 3.3 percent, after the Wall Street Journal reported that its key investors, including Saudi...

  • Feb 19- Honda Motor Co Ltd said on Tuesday it would hold a news conference at 0800 GMT, a day after a British lawmaker said the Japanese car maker will announce the closure of its only British car plant. Shutting the Swindon factory in southern England- Honda's second plant closure in 2022- will result in 3,500 job losses, Justin Tomlinson, a Conservative lawmaker,...

  • *FX moves have impact on economy, prices- Kuroda. *Adds must weigh the benefits, costs of any further easing. TOKYO, Feb 19- Bank of Japan Governor Haruhiko Kuroda said on Tuesday the central bank was ready to ramp up stimulus if sharp yen rises hurt the economy and derail the path towards achieving its 2 percent inflation target.

  • Underlying profit from continuing operations for the six months that ended on Dec. 31 fell to $4.03 billion from $4.40 billion a year ago, the company said in a statement. Revenue from iron ore mining, its biggest division, rose by 2.7 percent, while copper revenues slumped 17.3 percent due to unplanned production outages at its Olympic Dam and Spence projects.

  • TOKYO, Feb 19- The dollar inched up against the yen on Tuesday after Japan's central bank governor raised the possibility of further policy easing, while the euro's latest bounce faded as the focus shifted back to economic challenges in the bloc. The greenback rose to 110.615 yen from a low of 110.45 hit earlier in the session. Bank of Japan Governor Haruhiko...

  • TOKYO, Feb 19- Japanese government bond prices erased earlier modest losses to trade slightly higher on Tuesday after Bank of Japan Governor Haruhiko Kuroda said the central bank would mull further policy easing if efforts to achieve its price goal come under threat. March 10- year JGB futures were up 0.04 point at 152.92, pulling back from a low of 152.79...

  • SHANGHAI, Feb 19- China's yuan eased against the U.S. dollar on Tuesday, dragged lower by rising corporate demand for the greenback, while investors anxiously await news on Sino-U.S. trade talks. A new round of talks between the United States and China to resolve their trade war will take place in Washington on Tuesday, with follow-up sessions at a higher level...

  • *Spot gold may test resistance at $1,331/ oz- technicals. A new round of talks between Beijing and the United States to resolve their trade spat will take place in Washington later in the day, with follow-up sessions at a higher level in the course of the week. "If there is progress in trade talks there will be increasing appetite for emerging-market currencies, and...

  • TOKYO, Feb 19- Japanese government bond prices were capped firmly on Tuesday, as equities stretched gains amid continued improvement in investor risk appetite and curbed demand for safe-haven debt. Tuesday's 1 trillion yen 20- year JGB auction still managed to draw sufficient interest, with investors seen to be adding to their inventories ahead of the March...