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Wires

  • SEOUL/ BEIJING, Sept 26- North Korea appears to have boosted defences on its east coast, South Korea's Yonhap news agency said on Tuesday, after the North said U.S. Tensions have escalated since North Korea conducted its sixth and most powerful nuclear test on Sept. 3, but the rhetoric has reached a new level in recent days with leaders on both sides exchanging...

  • SEOUL/ BEIJING, Sept 26- North Korea appears to have boosted defenses on its east coast, South Korea's Yonhap news agency said on Tuesday, after the North said U.S. Tensions have escalated since North Korea conducted its sixth and most powerful nuclear test on Sept. 3, but the rhetoric has reached a new level in recent days with leaders on both sides exchanging...

  • SINGAPORE, Sept 26- This year looks set to be the "tipping point" for electric cars, Arnoud Balhuizen, chief commercial officer at global miner BHP said on Tuesday, with the impact for raw materials producers to be felt first in the metals market, and only later in oil. said Balhuizen, a company veteran who runs BHP's commercial strategy, procurement and marketing from...

  • LONDON, Sept 26- European shares opened lower on Tuesday after a selloff in technology shares on Wall Street and amid tensions over Korea, while investors awaited further clues on whether U.S. interest rates will rise in December. Hints on the future trajectory of rates could emerge after market close when Federal Reserve Chair Janet Yellen gives a speech on...

  • Susan Collins' decision to oppose the GOP push to repeal President Barack Obama's health care overhaul leaves the effort all but dead. John McCain of Arizona, Rand Paul of Kentucky and Ted Cruz of Texas are also against the legislation, though Cruz aides say he might back it if changes are made. With their narrow Senate majority, defections by three GOP senators...

  • BEIJING, Sept 26- China's Foreign Ministry said on Tuesday that it will refer the question of North Korea's coal imports data for August to the customs office. Customs data showed China imported coal from North Korea in August for the first time since February, despite U.N. sanctions banning such purchases. Ministry spokesman Lu Kang reiterated that China...

  • LONDON, Sept 26- Europe's benchmark bond yield steadied on Tuesday after its biggest daily drop in seven weeks as investors waited for a Federal Reserve speech that may flesh out plans to tighten U.S. monetary conditions. The yield on Germany's 10- year bond, seen as a safe store of cash in times of stress, slid 6 basis points on Monday after an unexpectedly weak...

  • ZURICH, Sept 26- Swiss engineering group ABB has joined Northvolt's project to build Europe's largest lithium-ion battery factory in Sweden to cater for expected demand growth for electric cars, the partners said on Tuesday. ABB Technology Ventures will support the initial phase of the project with an unspecified early investment. Former Tesla executive...

  • PARIS, Sept 26- Shares in Alstom gained ground on Tuesday, as sources familiar with the matter told Reuters that German rival Siemens was likely to decide on pursuing a multibillion-dollar rail merger with the French industrial group. Alstom shares were up 0.8 percent in early session trading, among the top performers on France's SBF-120 index, while Siemens...

  • SHANGHAI, Sept 26- China stocks steadied in thin activity on Tuesday, after three days of losses, as investors sought beaten-down property developers and resource firms. The market was largely stable, with investors expecting limited price action in stocks as Beijing will not tolerate violent moves ahead of the key Communist Party Congress next month.

  • SHANGHAI, Sept 26- China stocks steadied in thin activity on Tuesday, after three days of losses, as investors sought beaten-down property developers and resource firms. The market was largely stable, with investors expecting limited price action in stocks as Beijing will not tolerate violent moves ahead of the key Communist Party Congress next month.

  • The debate in Congress is personal for many of those who gained coverage through Medicaid in the 31 states that expanded the program under former President Barack Obama's Affordable Care Act. Alan Purser, who lives in eastern Arkansas, credits expanded Medicaid with saving his life, after a routine doctor's visit ended with him being hospitalized and treated...

  • *Spot gold may test support at $1,252/ oz in 3 months- technicals. at 0636 GMT, after earlier marking its highest since Sept. 20 at $1,313.54. "The sharp sell-out in the equity market and rising risk aversion," said Richard Xu, a fund manager at China's biggest gold exchange-traded fund, HuaAn Gold.

  • ZURICH/ LONDON, Sept 26- Nestle on Tuesday set out its 2020 underlying operating margin target under pressure from activist shareholder Third Point though came up short of one set by rival Unilever. "Market pressure for a margin target was huge, with the shadow of Third Point looming. In June activist hedge fund Third Point unveiled a $3.5 billion Nestle stake and...

  • *Listing could value firm at $8 bln- $10 bln- Bloomberg. The listing could value the company at between $8 billion and $10 billion, Bloomberg reported earlier, citing two people familiar with the matter. https://bloom.bg/2wi1mLC. The video steaming service, which competes with Tencent Holdings Ltd and Alibaba Holdings Ltd's Youku Tudou, is set to start...

  • BEIJING, Sept 26- China's gasoline and diesel exports to North Korea and iron ore imports from the isolated nation fell in August as trade continued to slow after the United Nations' latest sanctions, customs data showed on Monday. The release comes after data on Saturday showed China's trade with North Korea jumped in August even after the U.N. sanctions, mainly...

  • *Turkey threatens to cut supply from Iraq's Kurdish region. TOKYO, Sept 26- Oil prices took a breather on Tuesday after Brent crude earlier rose to a 26- month high, supported by Turkey's threat to cut crude flows from Iraq's Kurdistan region to the outside world. The loss of this supply combined with the 1.8 million bpd of supply cuts by the Organization of the...

  • LONDON, Sept 26- British defence supplier Cobham on Tuesday named Paul Kahn, the former Airbus UK boss, as president of its communications and connectivity sector. Cobham said Kahn, who stepped down as head of Airbus UK in July as part of a corporate shake-up, will take up his new job on Oct. 2. Reuters reported on Sept. 21 that Kahn was set to join Cobham to help Chief...

  • *TSE corrects Japan Post share inclusion date to Sept. 29. TOKYO, Sept 26- Japan's Nikkei average edged lower on Tuesday as tech shares and Apple suppliers declined, tracking their U.S. counterparts overnight, while concerns over North Korea sapped risk appetite. The escalating war of words between North Korea and the United States lifted investor appetite for...

  • *Wall Street slips as N.Korea claims Trump declared war. TOKYO, Sept 26- Asian shares withered on Tuesday and the yen firmed against the backdrop of rising tensions on the Korean Peninsula, and as investors awaited fresh signals about the U.S. monetary policy outlook. MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.6 percent, following...