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  • Jan 23- World leaders and top CEOs meet at Davos in Switzerland this week to discuss how to steer policy amid worries of slowing economic growth, damaging trade wars and Brexit. >UK trade minister to use Davos to discuss replicating EU deals Brazil's Bolsonaro uses Davos speech to appeal to big business. >Russia's Novak will not attend Davos- energy ministry.

  • SINGAPORE, Jan 23- London aluminum prices rose for a second session on Wednesday to trade near last session's one-month high, underpinned by signs of falling production in China. Copper ticked higher after closing lower in the last two sessions, although concerns over trade dispute between Washington and Beijing kept a lid on prices of industrial metals.

  • *FT report on U.S.- China talks rekindle trade worries. *Data from U.S., Japan and Canada miss forecasts. Following a sharp drop in December, U.S. shares gained through much of January, supported in part by expectations for a thaw in U.S.- China trade tensions and a more dovish-sounding Federal Reserve.

  • The central bank maintained its view that Japan's economy, the world's third largest, will continue to expand at a modest pace. Yet the rising pressure on global growth from a trade war between the United States and China- Japan's biggest trading partners- has many analysts wary about the outlook. "Japan's economy is likely to continue on an expanding trend...

  • *Chicago soybeans set to rise for four out five sessions. SINGAPORE, Jan 23- Chicago soybean futures rose on Wednesday, set to gain for four out of five sessions with prices underpinned as dry weather curbs yields in top exporter Brazil. The most-active soybean contract on the Chicago Board of Trade had risen 0.3 percent to $9.12 a bushel by 0325 GMT, having closed...

  • TOKYO, Jan 23- The Bank of Japan kept monetary policy steady on Wednesday and cut its price projections, bolstering market views it is in no position to rush an exit from its massive stimulus program, despite the costs of prolonged easing. The decision on maintaining its interest rate targets was made by a 7-2 vote with board members Goushi Kataoka and Yutaka...

  • *Output halted since night shift on Jan. 16- Subaru. TOKYO, Jan 23- Subaru Corp said its sole car factory in Japan accounting for roughly 60 percent of global production had halted output a week ago after it discovered a defect in a component procured from a supplier. Shares in Japan's sixth-largest automaker slid 6 percent in early trade on the news, which was first...

  • SINGAPORE, Jan 23- London aluminium prices rose for a second session on Wednesday to trade near last session's one-month high, underpinned by signs of falling production in China. Copper ticked higher after closing lower in the last two sessions, although concerns over trade dispute between Washington and Beijing kept a lid on prices of industrial metals.

  • *FT report on U.S.- China talks rekindle trade worries. Japan's Nikkei dropped 0.7 percent while MSCI's broadest index of Asia-Pacific shares outside Japan dipped 0.1 percent. White House economic adviser Larry Kudlow denied the report, helping U.S. equities pare some losses though the fresh concerns about U.S.- China relations kept share prices in check.

  • A spokesman from the Federal Aviation Administration earlier said flights into Newark- the 11th busiest U.S. airport- were briefly suspended after two drones were seen flying at 3,500 feet over nearby Teterboro Airport, a small regional airport about 17 miles away that mostly handles corporate jets and private planes. The Port Authority of New York and New...

  • President Donald Trump wants to boost markets through a trade pact with China, he will not soften his position that Beijing must make real structural reforms, including how it handles intellectual property, to reach a deal, advisers say. The United States accuses China of stealing intellectual property and forcing American companies to share technology when...

  • *John Kemp is a Reuters market analyst. LONDON, Jan 22- U.S. crude oil production will continue to grow through 2019 and 2020, but at a much slower pace than in 2018, according to the latest forecasts from the U.S. Energy Information Administration. Growth from the Lower 48 states excluding federal waters in the Gulf of Mexico is expected to slow even more sharply...

  • SINGAPORE, Jan 23- The safe-have Japanese yen kept overnight gains against the dollar as concerns about slowing global growth and U.S.-Sino trade tensions drove investors away from risky assets. On Monday, the International Monetary Fund cut its 2019 and 2020 global growth forecasts, citing a bigger-than-expected slowdown in China and the Eurozone, and said...

  • *Output halted since night shift on Jan. 16- Subaru. TOKYO, Jan 23- Subaru Corp said its sole car factory in Japan accounting for roughly 60 percent of global production had halted output a week ago after it discovered a defect in a component procured from a supplier. Output has been halted since the night shift on Jan. 16, it said.

  • Jan 22- IBM Corp beat Wall Street quarterly earnings estimates and also forecast 2019 profit above expectations on Tuesday, in the latest indication that Chief Executive Officer Ginni Rometty's efforts to turn around the technology services company were gaining traction. Chief Financial Officer James Kavanaugh told Reuters that IBM signed roughly $16...

  • A spokesman from the FAA said flights into Newark- the 11th busiest U.S. airport- were briefly suspended after two drones were seen flying at 3,500 feet over nearby Teterboro Airport, a small regional airport about 17 miles away that mostly handles corporate jets and private planes. The FAA said there is still a ground stop for some flights arriving into Newark in...

  • Federal Reserve Today in Washington. 23- Jan Germany Auction of 5- year Federal notes 24- Jan Japan Auction of 20- year government bonds 24- Jan Sweden Auction of inflation-linked government bonds 24- Jan France Index-linked Securities auction 25- Jan Japan 3- month discount bill auction 25- Jan Italy CTZ/BTPi auction 28- Jan United States Sale of 2- year...

  • LONDON, Jan 23- British trade minister Liam Fox will use a two-day trip to the World Economic Forum in Davos to meet trade ministers from around the world to discuss rolling over existing EU trade agreements after Britain leaves the bloc, his office said. With little time left until the United Kingdom is due to leave the European Union on March 29, there is no...

  • TOKYO, Jan 23- Japan's exports fell 3.8 percent in December from a year earlier, Ministry of Finance data showed on Wednesday. That compared with a 1.9 percent decrease expected by economists in a Reuters poll. The trade balance came to a deficit of 55.3 billion yen, versus the median estimate for a 29.5 billion yen deficit.

  • The spokesman said flights into Newark- the 11th busiest U.S. airport- were temporarily suspended after two drones were seen flying at 3,500 feet over nearby Teterboro Airport, a small regional airport about 17 miles away that mostly handles corporate jets and private planes. The FAA said there is still a ground stop for some flights arriving into Newark in...