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  • Oct 17- U.S. footwear and apparel company Nine West Holdings Inc filed an amended Chapter 11 bankruptcy plan that will reduce its pre-bankruptcy debt obligations by more than $1 billion, the company said on Wednesday. Nine West, which owns brands such as Anne Klein and Gloria Vanderbilt, said it will also receive a three-year purchase commitment from Belk Inc for...

  • *Wheat loses more ground on competition from Black Sea region. The most-active soybean contract on the Chicago Board of Trade fell 0.8 percent to $8.79 a bushel by 0247 GMT. "For wheat, there are plenty of supplies coming from the Black Sea region but going forward there could be higher demand for U.S. wheat as supplies tighten in Russia."

  • BRUSSELS, Oct 18- EU lawmakers are expected to back a 35 percent cut in carbon dioxide emissions from new trucks by 2030, EU sources said ahead of a vote on Thursday over new rules that seek to fight global warming without harming industry. But the European People's Party, the biggest party in the chamber, favors the European Commission's original proposal of 15...

  • *Exports to United States, China fall. TOKYO, Oct 18- Japan's exports fell in September for the first time since 2016 as shipments to the United States and China declined, likely impeding third quarter economic growth and adding to concerns about the broadening impact of an escalating Sino-U.S. trade war. The U.S.-Sino tariff row has yet to materially hurt trade...

  • WASHINGTON, Oct 17- The Senate Commerce Committee's Republican chairman and ranking Democrat said on Wednesday they had asked top U.S. executives at Hyundai Motor Co and Kia Motors Corp to testify at a Nov. 14 hearing on reports of engine fires involving vehicles from the Korean automakers. Hyundai said in a statement it had received the request to appear "and is...

  • MANILA, Oct 18- London copper edged lower on Thursday as the U.S. dollar strengthened after minutes from the Federal Reserve's meeting last month showed more interest rate increases are likely for the rest of the year. The most-traded December copper contract on the Shanghai Futures Exchange gained 0.2 percent to 50,170 yuan a tonne. *CHINA ECONOMY: Li, while on a...

  • NEW YORK, Oct 17- As U.S. high school seniors pare down their college wish lists and parents sweat over the bills, a new study by student loan lender Sallie Mae illustrates the gulf between the sticker price of college and the actual cost. While tuition for a four-year private college averages $48,000 a year, according to the College Board, the typical family pays...

  • MANILA, Oct 18- London copper steadied on Thursday, with investors opting for caution after Chinese Premier Le Keqiang said China's economy faces increasing downward pressure amid an ongoing trade war with the United States. The most-traded December copper contract on the Shanghai Futures Exchange gained 0.4 percent to 50,280 yuan a tonne.

  • *Spot gold was up 0.1 percent at $1,223.13 an ounce at 0107 GMT. On Monday, it touched its highest since July 26 at $1,233.26 an ounce. *White House economic advisor Larry Kudlow said on Wednesday that Trump was not demanding a policy change after heaping more criticism on the Fed on Tuesday, when he called rising U.S. interest rates his "biggest threat."

  • SEOUL, Oct 18- South Korea's central bank kept monetary policy steady on Thursday for a seventh straight meeting, as it assessed new signs of softness in the economy and the potential fallout from global trade frictions. The Bank of Korea decided to keep its benchmark seven-day repurchase rate at 1.50 percent, as expected by 14 of 21 economists in a Reuters poll.

  • *U.S. report doesn't label China as currency manipulator. The spectre of rising U.S. dollar yields, which along with global trade tensions were at the centre of last week's global equities rout, kept riskier appetite in check in Asia. Data out earlier in the day showed exports from the world's third-biggest economy dropped for the first time since late 2016, hit by...

  • Oct 17- Facebook Inc has tentatively concluded that spammers looking to make money, and not a nation-state, were behind the largest-ever data theft at the social media company, the Wall Street Journal reported on Wednesday. Facebook said in an email to Reuters that it was cooperating with the Federal Bureau of Investigation on this matter.

  • In a forecast of 2019 policy goals tempered by uncertainty about who would win the congressional elections, McConnell blamed social programs, such as Social Security and Medicare, for the fast-rising national debt. On Nov. 6, Americans will vote for candidates for the Senate and the House of Representatives. Despite their dominance of Congress and the White...

  • Under the contract, U.S.-based Albemarle had to provide as much as 25 percent of its annual production at a discount to companies seeking to produce battery metals within Chile. "Our company maintains the highest standards of corporate governance, so we will face this new scenario with the utmost seriousness and with the same good faith that has guided all of...

  • SINGAPORE, Oct 18- The dollar traded stronger versus its major peers on Thursday after minutes from the U.S. Interest rate futures are now pricing in an 83 percent likelihood that the Fed raises rates in December, according to the CME Group's FedWatch Tool, the fourth hike this year. "The dollar is being bid as there is follow through support post the release of the...

  • Western pressure mounted on Riyadh to provide answers, but comments by President Donald Trump suggested the White House may not take additional action against the Saudis, particularly after Saudi Arabia said it will conduct an investigation. But Saudi Arabia has assured OPEC that it is "committed, capable and willing" to ensure there will be no shortage in the...

  • *Exports to United States, China fall. *Japan firms, policymakers fret about fallout from trade war. TOKYO, Oct 18- Japan's exports fell in September for the first time since 2016 as shipments to the United States and China declined, adding to concerns about the broadening impact of an escalating Sino-U.S. trade war.

  • SYDNEY, Oct 18- U.S. soybean futures inched lower on Thursday as farmers looked set to pick up the pace of harvesting across a key U.S. producing region amid forecasts of dry weather. *The most active soybean futures on the Chicago Board of Trade were down 0.3 percent at $8.83 a bushel by 009 GMT, having firmed 0.1 percent on Wednesday. *Soybeans on Monday hit their...

  • Oct 17- Facebook Inc has tentatively concluded that a recent hack that affected millions of accounts was perpetrated by spammers, and not a nation-state, the Wall Street Journal reported on Wednesday, citing sources. Facebook believes the attackers were spammers masquerading as a digital marketing company, the Journal reported....

  • *Sept TSF 2.21 trln yuan, vs 1.52 trillion yuan in Aug. BEIJING, Oct 17- China's new bank loans rebounded in September after dipping in the two previous months, central bank data showed, but overall credit conditions stayed tight in an economy chilled by an ongoing tariff war with the United States. "We think that officials will soon need to turn to other measures, such...