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  • SHANGHAI, Feb 16- China should encourage its banks to support smaller, private firms in the real economy, rather than forced lending or policies such as quantitative easing, a state newspaper quoted a central bank official as saying on Saturday. "The central bank doesn't wish to use administrative methods to require banks," Sun Guofeng, head of the monetary policy...

  • BUDAPEST, Feb 16- National Bank of Hungary Deputy Governor Marton Nagy has welcomed an upgrade of the country's debt rating, saying it supported the central bank's monetary policy via lower risk premiums. Standard and Poor's upgraded Hungary's rating on Friday citing solid economic growth and a downward debt path. Nagy said in a statement late on Friday the...

  • FRANKFURT, Feb 16- Chinese conglomerate HNA has cut its stake in Deutsche Bank to 6.3 percent, according to a filing with the U.S. Securities and Exchange Commission. That marks a reduction from 7.64 percent of voting rights reported in the most recent filing in Germany. A spokesman for HNA in Germany declined to comment.

  • PESHAWAR, Pakistan, Feb 16- Saudi Arabia's Crown Prince Mohammed bin Salman is likely to meet Afghan Taliban representatives during his visit to Pakistan starting on Sunday, Pakistani government sources said, part of efforts to broker an end to Afghanistan's 17- year-old civil war. "Though it is top secret so far, there are strong indications representatives of...

  • ANKARA, Feb 16- Turkey will not turn back from its deal to buy S-400 missile systems from Russia, President Tayyip Erdogan was quoted as saying on Saturday, a day after an informal deadline Washington set for Ankara to respond to a rival offer passed. NATO member Turkey has repeatedly said it is committed to buying the Russian missile defence system, despite...

  • MUNICH, Feb 16- Airbus Chief Executive Tom Enders urged Germany to press ahead with plans to create common European regulations on arms exports, saying the issue posed a litmus test for Berlin's ambitions to foster a European defence policy. By showing "a kind of moral superelevation" on arms exports, Germany was frustrating Britain, France and Spain, Enders told...

  • SHANGHAI, Feb 16- Chinese state media on Saturday expressed cautious optimism over trade talks between the United States and China, a day after President Xi Jinping said a week of discussions had produced "step-by-step" progress. U.S. duties on $200 billion in imports from China are set to rise to 25 percent from 10 percent if there is no deal by March 1 to address U.S....

  • WASHINGTON, Feb 15- A confidential Commerce Department report due to be sent to Donald Trump on Sunday is widely expected to clear the way for the U.S. president to threaten tariffs on imported autos and auto parts by designating the imports a national security threat, auto industry officials said on Friday. The contents of the report are expected to remain...

  • WASHINGTON/ MUNICH, Feb 15- The United States ratcheted up pressure on Venezuelan President Nicolas Maduro on Friday by sanctioning some of his top security officials and the head of the state oil company, and unveiling plans to airlift over 200 tons of aid to the Colombian border. Separately, the U.S. State Department said on Friday it was working with the...

  • Feb 16- For other diaries, please see:. Top Economic Events Emerging Markets Economic Events Government Debt Auctions Political and General News U.S. Federal Reserve Today in Washington.

  • TUESDAY, FEBRUARY 19 NEW YORK, United States- Riksbank Governor Stefan Ingves will talk about the economic situation and current monetary policy during a visit to New York- 1730 GMT. TOKYO- Philippines Central Bank Deputy Governor Diwa Guinigundo speaks at a seminar in Tokyo- 0700 GMT. NEWARK, United States- Federal Reserve Bank of Cleveland President Loretta...

  • SAO PAULO, Feb 15- Scandal-plagued Brazilian builder Odebrecht SA said on Friday it had agreed to terms with the Peruvian government to fully cooperate with local investigators. Odebrecht is at the center of the so-called Car Wash investigation in Brazil, which has rippled across Latin America and which U.S. prosecutors have said is the biggest political...

  • WASHINGTON, Feb 15- A senior Amazon.com Inc executive on Friday disputed claims raised by Representative Alexandria Ocasio-Cortez that Amazon workers face "dehumanizing conditions" as being untrue and invited her to take a tour of company facilities. Ocasio-Cortez, a newly elected progressive Democrat who was an outspoken critic of the plans to locate...

  • Soybeans climbed on optimism about U.S. trade negotiations with China, the world's top soy importer, while corn futures were little changed. U.S. markets, including the Chicago Board of Trade, will be closed on Monday in observance of the Presidents Day holiday. CBOT March wheat settled down 2-3/ 4 cents on Friday at $5.04-1/ 4 per bushel, after earlier falling as low...

  • Feb 15- U.S. discount retailer Payless ShoeSource Inc said on Friday it would begin going-out-of-business sales at its U.S. and Puerto Rico stores on Feb. 17 and wind down its e-commerce operations. Payless expects all stores to remain open until at least the end of March and the majority will remain open until May, a company spokeswoman said in an email statement.

  • The U.S. Court of Appeals for the First Circuit set a 90- day period to allow President Donald Trump and the U.S. Senate to constitutionally validate the appointments or reconstitute the board. U.S. District Court Judge Laura Taylor Swain, who is hearing the island's bankruptcy, ruled in July that the creation by the U.S. Congress of the oversight board under a law...

  • On Friday, the El Segundo, California- based toymaker said gross sales for 2019 would be flat on a constant-currency basis, with weakness in Thomas& Friends and American Girl offsetting comparatively stronger sales of Barbie and Hot Wheels. Even then, Barbie and Hot Wheels won't sell as much as they did in 2018, Chief Financial Offer Joe Euteneuer said in an...

  • BEIJING/ WASHINGTON, Feb 15- The United States and China will resume trade talks next week in Washington with time running short to ease their bruising trade war, but U.S. Both the United States and China reported progress in five days of negotiations in Beijing this week. Trump, speaking at a White House news conference, said the United States was closer than ever...

  • NEW YORK, Feb 15- Foreign investors sold a record amount of U.S. Treasury bonds and notes for the month of December, according to U.S. Treasury Department data released on Friday, amid wide perceptions that month that the Federal Reserve would still raise interest rates multiple times in 2019.. "I think in December there was still a lot of talk that the Fed would still...

  • UBER CLAIMS THE NYC LAW IS UNCONSTITUTIONAL AND WILL INFLICT "ANTI-COMPETITIVE HARM"- LAWSUIT.