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CNBC Utilities Page Wires

  • TAIPEI, April 20- Shares of Taiwan Semiconductor Manufacturing Co Ltd tumbled and other Apple supplier and chip stocks fell after it cut its full-year revenue target on softer demand for smartphones. Barclays said on Thursday some Apple suppliers will likely see choppiness into June due to weakness in handset sales, while Mizuho Securities USA said it sees...

  • TOKYO— When her stay at the glamorous Grancreer residence turned into a nightmare of disrupted sleep and difficulties with the staff, retired harpist Yumi Makino opted out, and after a two-year legal battle got her deposit money back in a rare victory over a big real estate company. Makino's experience reflects the challenges faced by many older Japanese in...

  • Assistant Secretary for International Markets and Investment Heath Tarbert told an Institute of International Finance Forum that the efforts were being examined as part of the Trump administration's "Section 301" intellectual property remedies, which include China- specific investment restrictions. Asked about reports the Treasury may bring forward...

  • SINGAPORE, April 20- Oil prices were firm on Friday near three-year highs reached earlier this week as ongoing OPEC- led supply cuts gradually drawn down excess supplies. Brent crude oil futures were at $73.69 per barrel at 0129 GMT, down 9 cents from their last close. Led by top exporter Saudi Arabia, the producer cartel of the Organization of the Petroleum...

  • *Spot gold was down 0.1 percent at $1,344.20 an. President Donald Trump said on Wednesday he hoped a summit with North Korean leader Kim Jong Un would be successful, while Western missile strikes in Syria were less extensive than some had feared. The relatively optimistic backdrop in the United States should support the Federal Reserve in raising short-term...

  • TOKYO, April 20- Japan's headline inflation slowed in March from February, highlighting the central bank's struggle to hit its 2 percent price growth target after five years of heavy stimulus, keeping it under pressure to maintain an ultra-easy monetary policy. The core consumer price index, which includes oil products but excludes volatile fresh food prices,...

  • SYDNEY, April 19- Australia may extend its remarkable recession-free run out to 2020 as government and firms invest to cater for a rapidly-growing population, though trade tensions abroad have emerged as a new threat to the export-sensitive nation. Economists polled by Reuters April 10-18 forecast Australia's A $1.8 trillion of annual gross domestic...

  • CHICAGO, April 19- Several ships carrying cargoes of sorghum from the United States to China have changed course since Beijing slapped hefty anti-dumping deposits on U.S. imports of the grain, trade sources and a Reuters analysis of export and shipping data showed. The supply-chain pain felt by sorghum suppliers on the Pacific, Atlantic and Indian oceans...

  • SORGHUM FLEET MAKES U-TURN HOURS AFTER CHINA RETALIATES AGAINST U.S.

  • SORGHUM VESSELS OUT OF AT LEAST 20 BOUND FOR CHINA CHANGE COURSE AFTER BEIJING SAYS SHIPMENTS WILL REQUIRE HEFTY DEPOSITS- REUTERS SHIPPING DATA.

  • *Sterling falls on Carney's rate comments, weak UK retail data. TOKYO, April 20- The British pound flirted with two-week lows against the dollar on Friday following comments from Bank of England chief and soft UK retail sales data while the euro and the yen could see one of the narrowest weekly range in months. Disappointing UK retail sales released earlier on...

  • NEW YORK, April 19- New York Governor Andrew Cuomo on Thursday ramped up pressure on banks and insurers to revisit whether their ties to the National Rifle Association and other gun rights groups harm their reputations and the public interest. The governor directed New York's Department of Financial Services to urge state-chartered banks and the more than...

  • SYDNEY, April 20- U.S. wheat futures edged lower on Friday but were set to post a weekly gain of nearly 4 percent as earlier forecasts of much needed rains were scaled back, heightening concerns about the condition of the U.S. crop. *The U.S. Agriculture Department on Thursday morning said soybean export sales in the week ended April 12 totalled 2.132 million tonnes,...

  • *AMP CEO Craig Meller steps down in wake of company testimony. At the same time, the government proposed to dramatically increase fines and prison terms for financial crimes and to sharpen the investigative powers of the regulator, following shocking admissions of misconduct to the Royal Commission. Chairman Catherine Brenner issued an unreserved apology...

  • SYDNEY, April 20- Asian shares slipped on Friday as a warning on smartphone demand from the world's largest contract chipmaker slugged the tech sector, while lofty oil prices stirred inflation fears and undermined sovereign bonds. Stocks in South Korea took an early 0.4 percent dip with the tech sector losing 1.6 percent. Japan's Nikkei fell 0.5 percent with...

  • CANBERRA, Australia— The AMP's chief executive stepped down on Friday following revelations that Australia's largest wealth manager charged customers for financial services they never received and misled the industry watchdog. Craig Meller has become the first corporate casualty of a government inquiry into misconduct in the banking, pension and...

  • TOKYO, April 20- Japan's headline inflation slowed in March from the previous month, highlighting the central bank's struggle to hit its 2 percent price growth target and keeping it under pressure to continue aggressive monetary stimulus. The core consumer price index, which includes oil products but excludes volatile fresh food prices, rose 0.9 percent...

  • LONDON, April 19- Global debt has never been higher, the IMF said this week, urging countries to take advantage of current strong GDP growth rates and reduce it before economic and financial stability come under serious threat. Certainly, some of the figures in the IMF's latest fiscal report were eye-catching: debt at the end of 2016 was $164 trillion, or 225 percent...

  • WASHINGTON, D.C. Bank of England Governor Mark Carney participates in IMF meetings. WASHINGTON, D.C. Bank of Canada Senior Deputy Governor Carolyn A. Wilkins participates in panel discussion at International Monetary Fund and Toronto Centre 1525 GMT. WASHINGTON, D.C. Central Bank of Sweden Governor Stefan Ingves and Deputy Governor Per Jansson participate in...

  • Federal Reserve Today in Washington. 23- Apr Belgium OLO Auction 24- Apr United States Sale of 2- year notes 24- Apr Japan Auction of 2- year government bonds 24- Apr Italy Zero-coupon/BTPi auction 24- Apr Germany Auction of 2- year Treasury notes 24- Apr United Kingdom Auction of 0 1/ 8% Index-linked Treasury Gilt 2048 25- Apr United States Sale of 2- year...