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Wires

  • *U.S. Senate vote lifts dollar-yen. TOKYO, Oct 20- Japan's Nikkei share average edged up on Friday in choppy trade, in reach of posting its best daily winning streak in more than five decades, as a weaker yen helped stocks pare earlier losses. During Asian trade, the dollar soared 0.5 percent to 113.09 yen after news that the U.S. Senate voted on Thursday to approve a...

  • WASHINGTON, Oct 19- U.S. Senate Democrats on Thursday failed to pass a measure to block oil and gas drilling in part of the Arctic National Wildlife Reserve, losing to Republicans who believe production there would provide jobs and wealth. Established by Congress in 1980, it is home to tribes and a habitat for sensitive wildlife including caribou, polar bears and...

  • SINGAPORE, Oct 20- The dollar and the 10- year U.S. Treasury yield rose on Friday, after the U.S. Senate voted to approve a budget blueprint that will pave the way for Republicans to pursue a tax-cut package without Democratic support. It hit a high of 113.315 yen at one point, the dollar's highest since Oct. 6.

  • BEIJING, Oct 20- China's economy grew 6.8 percent in the third quarter, a slight slowdown from 6.9 percent in the second quarter, according to the National Bureau of Statistics on Thursday. Following is a table of NBS data published on Friday showing a breakdown of third quarter GDP by major sector, with year-on-year growth rates for each. 3 Q2017 2 Q2017 1 Q2017 4...

  • TOKYO— Japanese automakers have confirmed use of Kobe Steel products affected by fake inspection data, but say they have found no safety concerns so far. Toyota Motor Corp. and Honda Motor Corp. issued statements late Thursday outlining preliminary findings from checks of materials and parts from Kobe Steel. Honda said aluminum panels were the only products...

  • Traders said the slight pullback in price overnight was in reaction to Thursday's data showing economic growth in China, the world's biggest metals consumer, was in line was expectations. *JIANGXI COPPER: State-owned China metals firm Jiangxi Copper Co Ltd plans to make an acquisition in mineral-rich Africa, president and chairman Long Ziping said, as the...

  • SYDNEY, Oct 20- U.S. wheat edged higher on Friday, drawing support from strong demand for North American supplies, although the grain was poised to record its biggest weekly loss in two months as ample global supplies weigh. *The most active wheat futures on the Chicago Board of Trade was down 1.2 percent for the week, the biggest weekly slide since August 25.

  • BOSTON, Oct 19- Activist investor William Ackman, currently battling for board seats at Automatic Data Processing Inc, on Thursday said the human resource software company should buy rival Ceridian, in a move that could woo customers with a better product. Ackman's hedge fund Pershing Square Capital Management invested in Ceridian a decade ago before the...

  • WASHINGTON, Oct 19- President Donald Trump's drive to overhaul the U.S. tax code cleared a critical hurdle on Thursday when the Senate approved a budget blueprint for the 2018 fiscal year that will pave the way for Republicans to pursue a tax-cut package without Democratic support. By a 51- to-49 vote, the Republican-controlled Senate approved the budget...

  • LIMA, Oct 19- Consumer prices in Peru will likely fall in October, which would mark the second straight negative inflation reading after prices fell 0.02 percent in September, Peruvian Central Bank President Julio Velarde told reporters on Thursday. Velarde said the South American country's economy would likely grow between 2.5-2.7 percent year-over-year...

  • SEOUL, South Korea— South Koreans recommended the government Friday continue building two stalled nuclear reactors that the new president had wanted to shutter, after months of deliberation on the issue that divided South Korea over the future of its key energy source. A state commission that surveyed a panel of 471 citizens said a little over half of them...

  • WELLINGTON, Oct 20- New Zealand Prime Minister-elect Jacinda Ardern said she would spend Friday ironing out issues and ministerial posts with coalition partner New Zealand First, one day after becoming the Pacific nation's youngest leader in more than 150 years. The previous night's highly anticipated announcement by New Zealand First leader Winston...

  • *Crude fell previous day after China warning spooked markets. *Global refiners import U.S. oil to make up for OPEC cuts. SINGAPORE, Oct 20- Oil prices were stable on Friday, supported by signs of tightening supply and demand fundamentals, but a warning about excessive China economic optimism spooked traders and weighed on markets.

  • SINGAPORE, Oct 20- The New Zealand dollar hit a five-month low on Friday, dogged by uncertainty over the new government's economic policies, while the dollar held firm as traders awaited President Donald Trump's decision on the next Federal Reserve chair. The New Zealand dollar fell 0.7 percent to $0.6983. New Zealand's next prime minister will be Jacinda...

  • The Coalition for the American Dream intends to ask Congress to pass bipartisan legislation this year that would allow these immigrants, often referred to as Dreamers, to continue working in the United States, the documents said. "Uber joined the Coalition for the American Dream because we stand with the Dreamers," Uber spokesman Matthew Wing said in a statement.

  • The last mass-produced car built designed and built in Australia has rolled off General Motors Co.' s production line in Adelaide as the nation reluctantly bid farewell to its auto manufacturing industry. GM Holden Ltd., an Australian subsidiary of the of a U.S. automotive giant, built its last car Friday almost 70 years after it created Australia's first, the FX...

  • LIMA, Oct 19- Peru's consumer prices will likely fall in October, which would mark the second straight negative inflation reading after prices fell 0.02 percent in September, Peruvian Central Bank President Julio Velarde told reporters on Thursday.

  • *Spot gold was steady at $1,289.52 an ounce at 0042 GMT. *Federal Reserve Governor Jerome Powell is the leading candidate to become the chair of the U.S. central bank after President Donald Trump concluded a series of meetings with five finalists on Thursday, Politico reported, citing three administration officials. *Powell is considered less hawkish than other...

  • TOKYO, Oct 20- Asian shares inched slightly higher on Friday, but grappled for firmer leads as speculation about who the next U.S. central bank chief will be kept global investors wary. Shares in New Zealand slipped 0.1 percent, snapping 13 gaining sessions, after the nationalist New Zealand First Party agreed to form a new government with centre-left Labour...