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  • SINGAPORE, Aug 17- Chicago wheat futures edged up on Thursday after deep losses the session before, when the market hit contract lows amid ample global supply. *Egypt, the world's largest wheat buyer, on Wednesday said it signed deals to buy 295,000 tonnes of Russian wheat and 60,000 tonnes of Ukraine wheat. *Argentina's corn planted area for the 2017-18 crop cycle...

  • SYDNEY, Aug 17- Australia announced a bill on Thursday to strengthen its money laundering laws, including bringing bitcoin providers under the remit of AUSTRAC, the government's financial intelligence unit. This would be the first stage of reforms to strengthen the country's Anti-Money Laundering And Counter Terrorism Financing Act, Minister of Justice...

  • NEW YORK/ WASHINGTON, Aug 16- President Donald Trumps turnabout on the violence in Charlottesville, Virginia has rocked his administration, leading to rising speculation that some top officials may be looking for a way out. It was hoped that retired General John Kelly, Trumps new chief of staff, could impose some form of discipline on Trump that his predecessor,...

  • SYDNEY, Aug 17- Australia announced a bill on Thursday to strengthen its money laundering laws, including bringing bitcoin providers under the remit of AUSTRAC, the government's financial intelligence unit. This would be the first stage of reforms to strengthen the country's Anti-Money Laundering And Counter Terrorism Financing Act, Minister of Justice...

  • SEOUL, Aug 17- Hyundai Motor Co said on Thursday it will launch a long-range electric vehicle with a driving range of 500 km per charge after 2021, seeking to address investor concerns that it is lagging rivals in the green car race. Battery-powered cars offered by the likes of Tesla are gaining traction faster than fuel cell vehicles backed by Hyundai and Toyota...

  • MEXICO CITY, Aug 16- Mexico's Supreme Court on Wednesday ruled billionaire Carlos Slim's telecommunications company America Movil should not be barred by law from charging competitors certain fees, prompting fears of a rollback of a sweeping antitrust reform. The 2014 telecom industry reform, one of Mexican President Enrique Pena Nieto's signature...

  • SEOUL, South Korea— Hyundai Motor says its new hydrogen fuel cell vehicle will travel more than 580 kilometers between fill-ups. If delivered as promised, Hyundai's upcoming fuel cell vehicle will travel 40 percent farther than its first generation fuel cell SUV, the Tucson ix FCEV, launched in 2013.. Toyota, Honda and General Motors are also investing heavily in...

  • Aug 16- The energy unit of Warren Buffett's Berkshire Hathaway Inc said on Wednesday it will "stand firm" on its $9 billion offer to acquire 80 percent of Oncor Electric Delivery Company LLC and will not increase its offer. Elliott Management Corp, the largest creditor of the bankrupt parent of Oncor Electric Delivery Co, has tried to best Berkshire Hathaway Inc's...

  • *Spot gold was up 0.4 percent at $1,287.21 per ounce by 0110 GMT, after gaining nearly 1 percent the previous day. *The U.S. central bank is roughly at the mid-point on its current path to normalize interest rates as the economy has shown further improvement even without fiscal stimulus, San Francisco Federal Reserve President John Williams told CNN television.

  • WASHINGTON, Aug 16- Talks to renegotiate the North American Free Trade Agreement must include a discussion of new financial services, a Mexican negotiator said on Wednesday, singling out so-called fintech companies rapidly gaining ground in the region. Created 23 years ago, NAFTA includes Canada, Mexico and the United States and is being renegotiated at the...

  • *Spot gold was up 0.4 percent at $1,287.21 per ounce by 0110 GMT, after gaining nearly 1 percent the previous day. *The U.S. central bank is roughly at the mid-point on its current path to normalize interest rates as the economy has shown further improvement even without fiscal stimulus, San Francisco Federal Reserve President John Williams told CNN television.

  • TOKYO, Aug 17- Japan's exports rose for an eighth straight month in July on robust shipments to the United States and a boost from a weak yen, a sign overseas demand rebounded from a lull in the previous quarter to underpin a steady economic recovery. Imports rose for the seventh straight month on brisk demand for personal computers and digital cameras from China,...

  • "If inventory declines continue at this pace, stocks will fall back below the five-year average in around two months," said William O'Loughlin, investment analyst at Australia's Rivkin Securities. "The pace of the declines indicates that the OPEC production cuts are having an effect, although the current oil price suggests that the market is skeptical about the...

  • *Asia ex- Japan rises; Nikkei slips on stronger yen. SINGAPORE, Aug 17- Asian stocks edged up on Thursday as tensions between the U.S. and North Korea came off the boil, while worries about President Donald Trump's ability to implement his pro-growth agenda and the Federal Reserve's concerns about low U.S. inflation hit the dollar. MSCI's broadest index of...

  • SEOUL, Aug 17- Hyundai Motor Co said on Thursday it will launch a long-range electric vehicle with a driving range of 500 km per charge after 2021, seeking to address investor concerns that it is lagging rivals in the green car race. Last year, Hyundai launched its first mass-market pure electric car IONIQ, but the vehicle's per-charge driving range is much...

  • WASHINGTON/ NEW YORK, Aug 16- President Donald Trump disbanded two high-profile business advisory councils on Wednesday after several chief executives quit in protest over his remarks blaming weekend violence in Virginia not only on white nationalists but also on anti-racism activists who opposed them. A parade of prominent Republicans and U.S. ally...

  • MEXICO CITY, Aug 16- Mexico's Supreme Court on Wednesday ruled billionaire Carlos Slim's telecommunications company America Movil should not be barred by law from charging competitors certain fees, prompting fears of a rollback of a sweeping antitrust reform. The 2014 telecom industry reform, one of Mexican President Enrique Pena Nieto's signature...

  • Aug 16- The energy unit of Warren Buffett's Berkshire Hathaway Inc said on Wednesday it will stand firm on its $9 billion offer to acquire 80 percent of Oncor Electric Delivery Company LLC and will not be increasing its offer.

  • TOKYO— Japan's exports and imports rose at a fast clip in July, reflecting a recovery in demand in China, Southeast Asia and the U.S., according to data released Thursday. Japan's exports to the U.S., mainly of cars, car parts and machinery, jumped 11.5 percent to 1.3 trillion yen. Japan's exports to ASEAN, 10 countries belonging to the Association of Southeast Asian...

  • TOKYO, Aug 17- The U.S. dollar was on the defensive on Thursday after the minutes from the Federal Reserve's last policy meeting showed policymakers were increasingly wary of recent softness in inflation and could delay a rate hike. The euro traded at $1.1771, having gained 0.3 percent the previous day and recovering from low of $1.1681, its lowest level in nearly...