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  • Dec 18- Blockchain startup Digital Asset's chief executive officer and one of the most prominent supporters of the distributed ledger technology on Wall Street, Blythe Masters, is stepping down after about four years in the role, the company said on Tuesday. AG Gangadhar, a former Uber executive who joined Digital Asset's board in April, has been appointed as the...

  • SYDNEY, Dec 19- Asian share markets played second string to bonds on Wednesday as a spectacular fall in the price of oil spurred speculation the U.S. MSCI's broadest index of Asia-Pacific shares outside Japan gained 0.4 percent, while Shanghai blue chips were flat. U.S. crude was last down another 13 cents at $46.11 a barrel, while Brent recouped just 4 cents to...

  • CARACAS, Dec 18- A Florida firm has sued Venezuela for $34 million for defaulting on bonds that matured in 2018, according to a filing in a U.S. court on Tuesday, in what may be the first legal strike by a creditor since the OPEC nation broadly defaulted on its debt. The government of President Nicolas Maduro stopped making payments on nearly all bonds issued by...

  • BEIJING, Dec 19- Shanghai copper hit a three-month low overnight and led base metals sharply lower on Wednesday, as investors concerned about global economic growth waited to see whether the U.S. *SHFE COPPER: The most-traded February copper contract on the Shanghai Futures Exchange fell by 1.6 percent to 48,220 yuan a tonne as of 0201 GMT, having slid as much as 2...

  • *Shares open at Y1, 463 vs IPO price of Y1, 500. *Debut follows Japan's biggest ever IPO. TOKYO, Dec 19- SoftBank Corp shares slumped more than 10 percent on debut, as investor appetite for Japan's biggest ever IPO was hurt by a recent service outage at the telecoms operator and worries over its exposure to Chinese telecoms gear maker Huawei.

  • SYDNEY, Dec 19- U.S. soybean futures fell for the first time in three sessions on Wednesday, but Chinese purchases of U.S. supplies capped losses amid easing trade tensions between Washington and Beijing. *The most active soybean futures on the Chicago Board Of Trade were down 0.2 percent at $9.05-3/ 4 a bushel by 0131 GMT, after rising 0.3 percent on Tuesday.

  • *Spot gold was steady at $1,249.63 per ounce, as of 0116 GMT, having touched a peak since July 11 at $1,250.92 earlier in the session. *The British government said on Tuesday it would implement plans for a no-deal Brexit in full and begin telling businesses and citizens to prepare for the risk of leaving the European Union without an agreement.

  • BEIJING/ SINGAPORE, Dec 19- U.S. oil prices rose on Wednesday to claw back part of their more than 5 percent losses from the previous session, with worries about oversupply and a slowing global economy keeping markets under pressure. U.S. crude oil had climbed 37 cents, or 0.8 percent, to $46.24 per barrel by 0122 GMT, after plunging 7.3 percent the day before in a...

  • *COMEX and Shanghai open interest: https://tmsnrt.rs/2GqLLTx. LONDON, Dec 18- Fund managers have thrown in the towel on the copper market. So too has that on the Shanghai Futures Exchange, where China's speculators play the metal markets.

  • *Debut follows Japan's biggest ever IPO. TOKYO, Dec 19- SoftBank Corp shares slumped more than 10 percent in their debut on Wednesday, as investor appetite for Japan's biggest ever IPO was hurt by a recent major service outage and worries over its exposure to Chinese telecom gear maker Huawei. Following its $23.5 billion initial public offering, shares of the...

  • TOKYO, Dec 19- SoftBank Corp shares slid in its market debut on Wednesday, as investor appetite was spoiled by a major service outage this month and worries over its exposure to Chinese telecom equipment maker Huawei Technologies Co.. Following its $23.5 billion initial public offering, shares of the telecoms unit of SoftBank Group Corp fell as far as 1,344 yen...

  • DOLLAR/YEN FALLS BELOW 112.23, HITS LOWEST LEVEL SINCE OCT. 29.

  • SYDNEY, Dec 19- Asian share markets played second fiddle to bonds on Wednesday as a spectacular fall in the price of oil fanned speculation the U.S. MSCI's broadest index of Asia-Pacific shares outside Japan gained 0.2 percent in hesitant early trade. U.S. crude was last changing hands at $46.30 a barrel having hit its lowest since August 2017.

  • Federal Reserve Today in Washington. 19- Dec Japan 1- year discount bill auction 21- Dec Japan 3- month discount bill auction 24- Dec United States Sale of 2- year notes 26- Dec United States Sale of 2- year floating rate notes 26- Dec United States Sale of 5- year notes 26- Dec Japan Auction of 2- year government bonds 27- Dec United States Sale of 7- year notes 27-...

  • **SEOUL- South Korea's new finance minister, Kim Dong- yeon, plans to hold a meeting with the country's central bank chief to exchange views on the economic and financial conditions, a traditional gesture intended to reaffirm they are managing economic policies in close cooperation between the two highest policymakers- 0300 GMT. MUMBAI- Reserve Bank of India will...

  • LONDON, Dec 19- The cost of developing a new drug has nearly doubled since 2010 and the world's 12 biggest drugmakers are making the lowest return on their R&D investments in nine years, according to Deloitte. The average cost of bringing a new medicine to market is now $2.18 billion, up from $1.19 billion back in 2010.. "Despite the launch of many successful products,...

  • TOKYO- Bank of Japan holds Monetary Policy Meeting. Stefan Ingves, Governor of the Riksbank, and Jesper Hansson, Head of the Monetary Policy Department, will participate in the press conference 1000 GMT. TOKYO- Bank of Japan Governor Haruhiko Kuroda speaks to reporters at the end of the central bank policy meeting- 0230 GMT.

  • TOKYO, Dec 19- Japan's exports rose 0.1 percent in November from a year earlier, Ministry of Finance data showed on Wednesday. That compared with a 1.8 percent increase expected by economists in a Reuters poll. The trade balance came to a deficit of 737.3 billion yen, versus the median estimate for a 600.3 billion yen shortfall.

  • Dec 18- U.S. chipmaker Micron Technology Inc on Tuesday gave quarterly sales and profit forecasts well below Wall Street estimates, citing a market glut of memory chips as consumer and business demand for phones and computers is weakening. But the glut will hammer Micron in the short term, with the company estimating revenue of $5.7 billion to $6.3 billion for...

  • Executives pointed to flashing signs around the world, including a sharp UK slowdown due to Brexit uncertainty, Germany's recent gross domestic product contraction, "yellow vests" unrest in France that threatens to spread to nearby nations and a cool down in Asia. FedEx is a bellwether for the global economy and the results fueled concern that the United States...