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  • BEIJING, Aug 24- China felt "sorry" about the United States seeking a WTO dispute panel on China's grain import quotas, a spokesman for the Ministry of Commerce said on Thursday, Beijing's first official response to the U.S. request to the World Trade Organization. "China feels sorry that the United States has given up on continuing negotiations to resolve this case,"...

  • *Spot gold may test resistance at $1,294/ oz- technicals. President Donald Trump's threat of a government shutdown, with investors remaining focused on a major central bankers conference in Jackson Hole. It's going to be trading in a very tight range, "said Richard Xu, a fund manager at China's biggest gold exchange-traded fund, HuaAn Gold.

  • *Crop tour pegs Illinois corn yields below USDA f'cast. The most active corn futures on the Chicago Board Of Trade were trading up 0.2 percent at $3.56-1/ 2 a bushel by 0345 GMT, having earlier hit a low of $3.55-1/ 4 a bushel- the lowest since March 31. The tour estimated yields in Illinois at 180.72 bushels per acre, below the U.S. Department of Agriculture's latest...

  • *Asia ex- Japan rises, Nikkei dragged lower by steelmakers. SINGAPORE, Aug 24- Asian stocks and the dollar edged up on Thursday, shaking off the risk aversion that gripped financial markets overnight after President Donald Trump threatened to shut down the U.S. government and end the North American Free Trade Agreement. MSCI's broadest index of Asia-Pacific...

  • HOUSTON, Aug 23- Royal Dutch Shell, Anadarko Petroleum and Exxon Mobil announced they were curbing some oil and gas output on Wednesday at facilities in the Gulf of Mexico ahead of a storm expected to hit the Texas coast later this week. The U.S. National Hurricane Center issued a hurricane watch Wednesday for much of the Texas coast, calling for slow-moving...

  • *Jason Luo seen as M&A and China expert. SHANGHAI, Aug 24- Ford Motor Co said the new head of its China operations will be Jason Luo, the CEO of auto parts maker Key Safety Systems with wide experience in M&A- an appointment that comes as Ford embarks on range of initiatives in the world's biggest car market. Born in China and fluent in Mandarin, he achieved significant...

  • BEIJING, Aug 24- China will use all necessary means to defend the interests of the country and Chinese companies against a U.S. trade investigation, a spokesman for the Ministry of Commerce said on Thursday.

  • TOKYO, Aug 24- Japan's Nikkei share average slipped towards a 3-1/ 2- month low on Thursday, dragged down by Wall Street losses, while steel makers fell after reports that Toyota Motor Corp was looking to cut the price of steel supplied to component makers. Japanese shares took their cues from Wall Street, which fell overnight as a threat from U.S.

  • Trump warned late on Tuesday he might end the NAFTA trade treaty with Mexico and Canada after three-way talks failed to bridge deep differences. Trump's remarks came ahead of a looming debate in Congress over raising the debt ceiling, and knocked the dollar lower on Wednesday. The Congressional Budget Office said in June that Congress would need to raise the...

  • The Energy Department said Wednesday the government should make it easier and cheaper to operate power plants, including coal and nuclear plants, to strengthen the nation's electric grid. Advocates for renewable energy have been bracing for the report since drafts that leaked to the press in recent weeks hinted that the Energy Department would conclude...

  • WASHINGTON, Aug 23- Cheap natural gas and the growth in renewable energy are speeding up the closure of coal and nuclear plants, putting the resilience of the U.S. electric grid at risk, according to an Energy Department report released on Wednesday. Energy Secretary Rick Perry commissioned the study in April to evaluate whether "regulatory burdens" imposed by...

  • *Three-month nickel on the London Metal Exchange gained 0.9 percent to $11,770.00 a tonne by 0125 GMT, after touching $11,825 overnight, the highest since last November. *The most-traded nickel contract on the Shanghai Futures Exchange rose 2.62 percent to 94,500 yuan a tonne, the highest since early March. *SHANGHAI COPPER: Shanghai Futures Exchange copper was...

  • SYDNEY, Aug 24- U.S. corn nudged higher on Thursday, edging up from a near five-month low touched earlier in the session after a widely watched crop tour pegged lower yields in a key producing region. *The most active corn futures on the Chicago Board Of Trade were trading up 0.1 percent at $3.56 a bushel by 0114 GMT, having earlier hit a low of $3.55-1/ 4 a bushel- the...

  • *First Capital is also the largest non-life insurer in Singapore. SINGAPORE, Aug 24- Mitsui Sumitomo Insurance Company Ltd has agreed to buy Singapore- based non-life insurer First Capital Insurance Ltd from Canada's Fairfax Financial Holdings for $1.6 billion, underscoring growing appetite among Japanese insurers to expand outside their home markets.

  • *Spot gold slipped 0.1 percent to $1,287.89 an ounce by 0101 GMT, after gaining 0.4 percent in the previous session. *Unconventional monetary policy is a success, but gaps in understanding the relatively new tools remain, European Central Bank President Mario Draghi said on Wednesday, cautioning against hasty policy responses to the new reality.

  • SINGAPORE, Aug 24- Oil prices were little changed in early trade on Thursday, holding most of their gains from the previous session after another fall in U.S. crude inventories which is seen as a sign of a tighter market. Brent crude futures, the international benchmark for oil prices, were at $52.48 per barrel at 0103 GMT, down 9 cents from their last close.

  • *Asia ex- Japan rises, yen strength weighs on Nikkei. SINGAPORE, Aug 24- Asian stocks edged up on Thursday, shaking off the risk aversion that gripped financial markets overnight after U.S. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.15 percent in early trade.

  • Aug 24- For other diaries, please see:. 24- Aug Japan 3- month discount bill auction 28- Aug United States Sale of 2- year notes 28- Aug United States Sale of 5- year notes 28- Aug Italy Zero-coupon/BTPi auction 29- Aug United States Sale of 7- year notes 29- Aug Germany Auction of 2- year Treasury notes 29- Aug Italy Bills auction 30- Aug Italy Medium-Long Term...

  • STOCKHOLM- Riksbank First Deputy Governor Kerstin af Jochnick will participate in a seminar on current issues in the Swedish economy- 1100 GMT. JACKSON HOLE, Wyoming- Luncheon address by the ECB President Mario Draghi at 41st Economic Symposium organized by the Federal Reserve Bank of Kansas City 2017 in Jackson Hole, U.S.A. 1900 GMT STOCKHOLM- Riksbank...

  • Aug 24- For other diaries, please see:. 24- Aug Japan 3- month discount bill auction 28- Aug United States Sale of 2- year notes 28- Aug United States Sale of 5- year notes 28- Aug Italy Zero-coupon/BTPi auction 29- Aug United States Sale of 7- year notes 29- Aug Germany Auction of 2- year Treasury notes 29- Aug Italy Bills auction 30- Aug Italy Medium-Long Term...