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  • PHNOM PENH, Aug 23- Cambodia signed an agreement with Singapore- listed KrisEnergy Ltd on Wednesday to develop an offshore oil field that could finally see Cambodia produce its own oil after years of delays. Cambodia has struggled to develop oil fields in the Gulf of Thailand, as few companies are willing to invest in the area following the 2014 global oil price...

  • WELLINGTON, Fla. _ KLX Inc. on Wednesday reported fiscal second-quarter net income of $20.7 million. On a per-share basis, the Wellington, Florida- based company said it had net income of 40 cents. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 74 cents per share.

  • *Just 120 tonnes shipped to North Korea in July. BEIJING, Aug 23- China's gasoline exports to North Korea evaporated to a dribble in July, according to customs data, the strongest sign yet that the suspension of sales of the fuel by state oil major CNPC has cut critical supplies to its isolated neighbour. Customs data also showed China's trade with North Korea fell...

  • LONDON, Aug 23- Italian government bonds steadied Wednesday after a report that Germany is working on a scheme to let southern countries tap the euro zone's bailout fund for investment during downturns. The yield on Rome's benchmark debt, which moves inversely to the price, jumped as much as 9 basis points to a three-week high of 2.13 percent on Tuesday on...

  • The countervailing duties on soy-based Argentina biodiesel could be as much as 64.17 percent, according to a statement from the U.S. Commerce Department. Argentina accounts for two-thirds of U.S. biodiesel imports, which totaled 916 million gallons in 2016, according to U.S. government data. "The compensatory duties imposed result in an immediate stoppage of...

  • LONDON, Aug 23- Unloved media stocks weighed on European markets on Wednesday, led lower by sharp declines in advertising giant WPP after it cut sales forecasts on weakening demand. Investors were keeping a close eye on monetary policy, a day ahead of the start of a central bank symposium in Jackson Hole, though dovish comments by European Central Bank chief Mario...

  • LONDON, Aug 23- Sterling fell below $1.28 for the first time since late June on Wednesday while deepening its recent losses against the euro as gloom over Britain's economic prospects and the Brexit process encouraged investors to push the pound lower. The government is striving to move forward the formal discussions on leaving the European Union with a...

  • KUWAIT CITY— Kuwait's state oil company says it has contained an oil spill off the Gulf country's southern coast. The Kuwait Petroleum Company said in a statement carried by the state news agency on Tuesday evening that cleanup teams took steps to break up the spill near power and desalination plants. OPEC member Kuwait has proven oil reserves of more than 100...

  • >Norway's risk-averse wealth fund considers next moves. >Norway's consumer confidence hits three-year high- FNO. >Norway's economic prospects brighten as election draws near.

  • >Norway's risk-averse wealth fund considers next moves. >Norway's consumer confidence hits three-year high- FNO. >Norway's economic prospects brighten as election draws near.

  • >Norway's risk-averse wealth fund considers next moves. >Norway's consumer confidence hits three-year high- FNO. >Norway's economic prospects brighten as election draws near.

  • >Norway's risk-averse wealth fund considers next moves. >Norway's consumer confidence hits three-year high- FNO. >Norway's economic prospects brighten as election draws near.

  • LONDON, Aug 23- Sterling fell briefly below $1.28 for the first time since late June on Wednesday and deepened its recent losses against the euro as gloom over Britain's economic prospects and the Brexit process encouraged investors to push the pound lower. By 0805 GMT sterling, which has fallen more than 3 percent against the dollar since the start of August, was...

  • LONDON, Aug 23- Sterling fell briefly below $1.28 for the first time since late June on Wednesday and deepened its recent losses against the euro as gloom over Britain's economic prospects and the Brexit process encouraged investors to push the pound lower. By 0805 GMT sterling, which has fallen more than 3 percent against the dollar since the start of August, was...

  • NEW DELHI, Aug 23- India's federal cabinet on Wednesday gave an "in-principle" approval for the consolidation of state-run banks by merging some of the lenders, television channels reported. Finance Minister Arun Jaitley is due to brief media on the outcome of the cabinet meeting at 1500 IST, a government spokesman said, without giving details.

  • *Destructive winds, waves batter Hong Kong, South China. HONG KONG, Aug 23- Typhoon Hato, a maximum category 10 storm, slammed into Hong Kong on Wednesday lashing the Asian financial hub with wind and rain that uprooted trees and forced most businesses to close, while in some places big waves flooded seaside streets. There were reports of 34 people injured in Hong Kong...

  • BEIJING, Aug 23- Chinese coal imports from key supplier Australia chalked up year-on-year gains for the second straight month in July, customs data showed, as local output of the commodity eased amid a crackdown on illegal mining and pollution. Cargoes from Australia rose 4.4 percent from July last year to 7.47 million tonnes, according to the data from the...

  • *Destructive winds, waves batter Hong Kong, South China. HONG KONG, Aug 23- Typhoon Hato, a maximum category 10 storm, slammed into Hong Kong on Wednesday lashing the Asian financial hub with wind and rain that uprooted trees and forced most businesses to close, while in some places big waves flooded seaside streets. There were reports of 34 people injured in Hong Kong...

  • Aug 23- Millennials priced out of London's traditional housing market are opting to rent tiny apartments in so-called "co-living" developments, a fast-growing area that private investors and venture capital are eager to tap into. Its Old Oak co-living apartment building in west London is the world's largest, with 546 people living across 10 floors, according...

  • *Optimistic about Western Europe, cautious on U.S. SHANGHAI, Aug 23- Chinese state-owned Chery Automobile Co aims to rely only on organic means to grow its international sales, its CEO said, underlining a strategy that is different from its private sector rivals who have either made or are considering acquisitions. And while the company was open to forms of...