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  • SEOUL, March 20- The breakdown at last month's U.S.- North Korea summit has left South Korean President Moon Jae- in with little room to manoeuvre and exacerbated divisions within his government over how to break the impasse, three sources familiar with the issue said. The weeks since the Hanoi summit have revealed how difficult it may now be for Moon to play his...

  • SEOUL, March 20- The breakdown at last month's U.S.- North Korea summit has left South Korean President Moon Jae- in with little room to maneuver and exacerbated divisions within his government over how to break the impasse, three sources familiar with the issue said. The weeks since the Hanoi summit have revealed how difficult it may now be for Moon to play his...

  • *Offer comprises $525 mln in cash, $50 mln in Aeris shares. MELBOURNE- March 20- Small Australian copper producer Aeris Resources Ltd on Wednesday said it had offered to buy global trader and miner Glencore's CSA copper mine in the state of New South Wales for $575 million. The Queensland- headquartered Aeris, with a market value of A $78 million, said the acquisition...

  • SINGAPORE, March 20- Most industrial metals on the London Metal Exchange eased on Wednesday, as investors were cautious ahead of the result of the U.S. *Three-month copper on the London Metal Exchange dipped 0.1 percent to $6,450 a tonne by 0707 GMT, while the most-traded copper contract on the Shanghai Futures Exchange eased 0.1 percent to 49,190 yuan a tonne.

  • LONDON, March 20- Kingfisher, the home improvement retailer, is to part company with its Chief Executive Véronique Laury, it said on Wednesday. The firm, whose main businesses are B&Q and Screwfix in Britain and Castorama and Brico Depot in France and elsewhere, said a succession process had started and was supported by Laury. Kingfisher also reported a 13 percent...

  • PARIS, March 20- Handbag maker Hermes, one of the luxury brands still riding high on strong demand from Asian clients, said on Wednesday it had not observed any change in sales trends so far this year. "There is no trend change at this stage," Chief Executive Axel Dumas told journalists after posting full year results, adding that Hermes "remained cautious" for 2019 but...

  • *Market awaits news on U.S.- China trade negotiations. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin plan to travel to China next week for another round of trade talks with Chinese Vice Premier Liu He, a Trump administration official said on Tuesday. "There is plenty of soybean supply around the world and we have yet to see China...

  • BAALY, Norway, March 20- Europe's first underwater restaurant opens in Norway on Wednesday with more than 7,000 customers booked in to eat among the fish. Situated on the southern tip of Norway, the restaurant looks like a large concrete tube partly submerged in the North Sea. It was designed by Norwegian architecture firm Snoehetta, which also created the Opera...

  • MILAN, March 20- China is ready to strengthen "a global strategic partnership" with Italy, Chinese President Xi Jinping wrote in an Italian daily on the eve of his visit to the euro zone's third-largest economy. Xi said China was ready to coordinate more closely with Italy over international issues such as climate change, including within multilateral...

  • *Japanese markets closed on Thursday for holiday. TOKYO, March 20- Japan's Nikkei edged up in midmorning trade on Wednesday after a choppy start as investors awaited the outcome of a Federal Reserve policy review, while Sony and Nintendo tumbled on news that Google is starting a gaming business. "The market's consensus is that the Fed will take a patient stance on...

  • HONG KONG, March 20- Start-ups specialising in alternative protein, from eggless eggs to pea-stuffed burgers and cell-grown fish products, are piling into the Chinese territory of Hong Kong to tap the mainland's booming multi-billion dollar food market. Backed by some of the world's top billionaires including Hong Kong businessman Li Ka- shing,...

  • TOKYO, March 20- The Japan Times, an English-language newspaper that amended its description of "comfort women" and wartime forced labourers last year, apologised to its staff last month, but threatened legal action against anyone found leaking confidential information. In an email sent to the paper's staff on Feb 28, Japan Times president Takeharu Tsutsumi...

  • TOKYO, March 20- The Japan Times, an English-language newspaper that amended its description of "comfort women" and wartime forced laborers last year, apologized to its staff last month, but threatened legal action against anyone found leaking confidential information. In an email sent to the paper's staff on Feb 28, Japan Times president Takeharu Tsutsumi...

  • REUTERS POLL- SOUTH AFRICA REPO RATE TO END 2019 AT 6.75 PCT; 2020 AT 7.00 PCT.

  • REUTERS POLL- SOUTH AFRICA GDP GROWTH SEEN AT 1.4 PCT IN 2019; 1.8 PCT IN 2020.

  • REUTERS POLL- SOUTH AFRICA RESERVE BANK TO HOLD REPO RATE AT 6.75 PCT ON MARCH 28, SAY ALL ECONOMISTS POLLED.

  • *SARB to hold rates at March 28 meeting. JOHANNESBURG, March 20- South Africa's Reserve Bank is expected to leave interest rates unchanged next week, and with a weak currency threatening to stoke inflation, it probably won't cut rates this year, a Reuters poll showed on Wednesday. Inflation in Africa's most industrialized economy is currently below the Reserve...

  • *U.S.- China trade talks to resume next week. HONG KONG, March 20- Shares in mainland China and Hong Kong fell on Wednesday after a report suggested possible hurdles in Sino-U.S. trade talks, and as investors exercised caution ahead of a policy decision by the U.S. **The smaller Shenzhen index was down 1.7 percent and the start-up board ChiNext Composite index was...

  • SHANGHAI, March 20- China's yuan eased against the U.S. dollar on Wednesday as market sentiment soured on reports of renewed tensions in Sino-U.S. trade negotiations. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin plan to travel to China next week for another round of trade talks with Chinese Vice Premier Liu He.

  • SHANGHAI/ HONG KONG, March 20- An industry body representing global asset managers in Asia has urged China to lift foreign ownership caps in listed companies, two weeks after the restrictions disrupted overseas buying of a Chinese stock and just as foreign inflows are set to swell. In a policy paper released on Wednesday, financial lobbyist ASIFMA called on...