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Wires

  • TOKYO— Asian shares were mixed Thursday, with some indexes erasing earlier gains that had echoed a rally on Wall Street. Australia's S&P/ASX 200 was little changed at 6,014.60 after zigzagging during the day, and South Korea's Kospi was down less than 0.1 percent at 2,514.78. Shares in Taiwan rose while indexes in Southeast Asia were mostly higher.

  • JOHANNESBURG, Jan 18- South African Deputy President Cyril Ramaphosa on Thursday welcomed moves by prosecutors against companies accused of corruption and talked up the economy during televised remarks at a business breakfast.

  • TOKYO, Jan 18- Japan's Nikkei share average ended lower on Thursday, pulling back from a new 26- year high as investors turned cautious, while real estate stocks and financial firms underperformed. The Nikkei dropped 0.4 percent to 23,763.37, after hitting 24,084.42 in early trade, the highest since November 1991. Mitsubishi Estate declined 1.6 percent and...

  • TOKYO, Jan 18- Japanese government bond prices dipped on Thursday, with the benchmark 10- year yield briefly hitting a six-month high, before reversing early losses to end flat on bargain-hunting. The 10- year yield rose to as high as 0.090 percent, its highest since July 12, before stepping back to 0.080 percent. But a majority of market players expect the BOJ to...

  • *Focus on China's Q4 GDP data at 0700 GMT. TOKYO, Jan 18- Asian stocks struck record highs on Thursday, with a rally by Wall Street supporting bullish investor sentiment, while the dollar pulled back from three-year lows as comments by European Central Bank officials tempered the euro's recent rally. Spreadbetters expect Britain's FTSE to open 0.1 percent lower,...

  • SINGAPORE, Jan 18- Alphabet Inc's Google, Singapore state investor Temasek Holdings and Chinese online platform Meituan-Dianping are investing in a fundraising round of Indonesian ride-hailing start-up Go-Jek, sources familiar with the matter said. Go-Jek's existing investors such as global private equity firms KKR& Co LP and Warburg Pincus LLC are also...

  • *MPOB expects 2018 Malaysia output to hit 20.5 mln T. KUALA LUMPUR, Jan 18- Palm oil output in Malaysia, the world's No.2 producer of the commodity, will rise by 3 percent in 2018, an industry body forecast on Thursday. Malaysia's exports are expected to increase 5.1 percent to 17.4 million tonnes this year, though a stronger ringgit will be a "challenge," Ahmad said.

  • HNA CHAIRMAN SAYS GROUP FOCUSING ON INTEGRATING OPERATIONS.

  • SAN FRANCISCO/ NEW YORK, Jan 18- Amazon.com Inc, which has made waves in recent years buying art-house movies at the Sundance Film Festival, is heading to the prestigious event this week with a long-term change in the works: It plans to shift resources from independent films to more commercial projects, people familiar with the matter told Reuters.

  • HAIKOU, China, Jan 18- HNA Group chairman Chen Feng has expressed confidence that China's aviation-to-financial services conglomerate will manage its cash crunch, and continue to receive support from banks and other financial institutions this year. "Rate hikes by the Federal Reserve and deleveraging in China caused a liquidity shortage at the end of the...

  • HNA GROUP IS ABLE TO MANAGE CASH CRUNCH - CHAIRMAN.

  • HONOLULU— Nearly 40 terrifying minutes passed between the time Hawaii officials fired off a bogus alert about an incoming missile over the weekend and the moment the notice was canceled. FEMA said Hawaii did not require its approval to cancel the alert on Saturday. Colleen Hanabusa and Tulsi Gabbard, both of Hawaii, have asked the House Armed Services Committee...

  • Jan 17- Activist hedge fund Starboard Value LP has started a proxy fight on Wednesday for control of Mellanox Technologies Ltd, calling the Israeli chipmaker deeply undervalued. The nominations include Starboard head Jeffrey Smith, who has become the face and name behind the fund's multiple proxy contests. The New York hedge fund said on Wednesday that...

  • DUBAI, Jan 18- Real estate developers seeking to build the world's tallest skyscraper in Jeddah have signed a 620 million riyal contract for infrastructure work at the site, signalling the project will go ahead despite a weak economy. Construction of the Jeddah Tower, originally projected to cost $1.2 billion, has been underway for several years and officials...

  • BEIJING— China is criticizing recent moves by the U.S. government and Congress targeting the sale of fake goods and Chinese telecoms equipment. Trade Representative lacked "objectivity" and supporting evidence in listing three Chinese online commerce platforms and six physical bazaars within China as "notorious markets" that engage in commercial-scale...

  • SINGAPORE, Jan 18- The euro nursed losses on Thursday, having retreated from a three-year high after comments from European Central Bank officials this week hinted at concerns over the currency's recent strength. ECB policymakers may have been caught off guard by the speed of the euro's appreciation, said Lee Jin Yang, macro research analyst for Aberdeen...

  • NEW YORK— Newlywed Ziad Dallal and his wife arrived home in New York, with wedding keepsakes in their bags, to find John F. Kennedy International Airport paralyzed by winter weather woes that canceled flights, froze equipment and separated thousands of passengers from their luggage. Or it might be in a Delta Air Lines warehouse in Atlanta. The Brooklyn couple, who...

  • HONG KONG— China's cross-border capital flows hit a turning point in 2017 as foreign currency reserve levels stabilized after two years of declines, the country's foreign exchange regulator said Thursday. The supply and demand of foreign exchange "have shifted to a basic equilibrium" thanks to calmer domestic and global market conditions, Wang Chungying, a...

  • SINGAPORE, Jan 18- Alphabet Inc's Google, Singapore state investor Temasek Holdings Pte Ltd and Chinese online platform Meituan-Dianping are investing in a fundraising round of Indonesian ride-hailing start-up Go-Jek, sources familiar with the matter said. Go-Jek's existing investors such as global private equity firms KKR& Co LP and Warburg Pincus LLC...

  • RIC= JPINTRQP Bank of Japan poll data. TOKYO, Jan 18- A majority of economists polled by Reuters believe the Bank of Japan will keep its long-term interest rate target unchanged this year, though 40 percent expect a hike, reflecting the mounting speculation as Japan's economy continues to strengthen. Around 40 percent predicted the BOJ would raise the target this...