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  • BEIJING, Feb 23- China's customs said on Friday that its final January dollar-denominated export numbers showed they grew 11.1 percent on-year, unchanged from the preliminary figure. The January dollar-denominated imports growth was revised lower to 36.8 percent year-on-year, compared with the preliminary reading of 36.9 percent. The regulator revised...

  • China's exports to North Korea totaled $168.88 million in January compared with $257.73 million in December, while imports from North Korea were $47.09 million versus $54.68 million in December.

  • BEIJING/ SHANGHAI, Feb 23- The Chinese government on Friday seized control of Anbang Insurance Group Co Ltd, one of China's biggest insurance conglomerates, in a dramatic move that underscores Beijing's intent to crackdown on financial risk. Anbang's chairman and key shareholder, Wu Xiaohui, had also been prosecuted for economic crimes, the China Insurance...

  • BEIJING, Feb 23- China's imports of liquefied natural gas rose to a record in January, as the world's most populous nation rushed to shore up supplies ahead of another cold snap and the Spring Festival celebrations this month. Arrivals totalled 5.18 million tonnes, compared with the previous record of 5.03 million tonnes set in December and up 51.2 percent from...

  • WASHINGTON, Feb 22- The U.S. Defense Department has voiced support for the Trump administration's bid to impose national security restrictions on imports of steel and aluminum, although it would prefer a system of targeted tariffs and a delay for import curbs on aluminum. The Commerce Department on Feb. 16 recommended that President Donald Trump impose stiff...

  • *Poor rains in parts of Argentina seen reducing supplies. SINGAPORE, Feb 23- Chicago soybean futures rose for a fourth consecutive session on Friday, with the market set for a third week of gains as a severe drought in parts of Argentina's oilseed producing regions is expected to reduce production. The most-active soybean contract on the Chicago Board Of Trade is...

  • GM announced last week it would shut a plant in the city of Gunsan, southwest South Korea, by May and decide the future of its remaining three plants in the country within weeks. GM Korea has paid about 10 million won in bonuses to each worker almost every year, company officials have said. South Korea was once a major export base for GM, but saw slumping sales in recent...

  • SHANGHAI, Feb 23- China's five state-backed mutual funds boosted their equity holdings during the recent stock market slump, the official Shanghai Securities News reported on Friday. E Fund Ruihui Flexible Fund increased its equity exposure from less than 10 percent to over 60 percent, while Harvest New Opportunities Hybrid Fund boosted its stock holdings...

  • CHINA JAN LNG IMPORTS HIGHEST ON RECORD, SURPASSING PREVIOUS HIGH SET IN DECEMBER.

  • CHINA JAN SUGAR IMPORTS LOWEST SINCE AUG 2014 - CUSTOMS RECORDS.

  • SAN FRANCISCO, Feb 22- Home-booking company Airbnb has sparred with regulators across the globe, but Chief Executive Brian Chesky on Thursday spoke of coming to terms with his responsibility for how the company can impact housing markets and neighborhoods. A person familiar with the matter previously told Reuters that Airbnb's revenue last year topped $2.5...

  • MOSCOW, Feb 23- Russian aluminum giant Rusal posted a 42 percent jump in fourth-quarter core earnings on Friday, helped by higher aluminum prices, and announced billionaire Oleg Deripaska would step down as president, as expected. The world's second-largest aluminum producer after China's Hongqiao said its fourth-quarter revenue rose 35 percent to $2.75...

  • BEIJING— China's insurance regulator said Friday it is assuming management of insurer Anbang, owner of New York's iconic Waldorf Astoria hotel, following the indictment of the company's chairman on charges of economic crimes. The indictment of Wu Xiaohui and the related violations of laws and regulations had raised questions about Anbang Insurance Group...

  • MELBOURNE, Feb 23- London copper eased on Friday and was headed for a small weekly drop as the dollar gained steam this week on rising expectations of U.S. interest rate hikes, but prospects of demand were rosy given a healthy outlook for global economic growth. *LME: London Metal Exchange copper eased by 0.3 percent to $7,144 a tonne by 0136 GMT, after logging a small...

  • TOKYO, Feb 23- Japan's Nikkei share average edged up on Friday morning, with most sectors advancing as sentiment improved after fears of more aggressive U.S. interest rate hikes receded, with defensive stocks such as construction and utilities outperforming. The Nikkei rose 0.3 percent to 21,791.68 in midmorning trade. For the week, the benchmark index was up...

  • BEIJING/ SHANGHAI, Feb 23- Anbang Insurance Group Co Ltd, one of China's biggest insurance conglomerates, has been taken over by the country's insurance regulator for one year, and its chairman has been prosecuted for economic crimes. The China Insurance Regulatory Commission said in a statement on Friday that it will maintain the group as a private company, even...

  • TOKYO, Feb 23- Japanese government bond prices rose across the board on Friday, lifted by the Bank of Japan's regular debt-purchasing operation and a bounce in U.S. JGB gains were limited as Tokyo stocks gained, with the Nikkei climbing 0.3 percent. The JGB market reacted little to Friday's data which showed Japan's annual core consumer inflation rate was...

  • SINGAPORE, Feb 23- Oil prices edged up on Friday, supported by lower U.S. crude inventories, but gains were capped by a surge in U.S. exports that dragged net imports in the world's biggest fuel consumer to a record low. West Texas Intermediate crude futures were at $62.89 a barrel at 0206 GMT, up 12 cents, or 0.2 percent, from their last settlement. U.S. crude oil...

  • WASHINGTON, Feb 22- The U.S. Defense Department supports moves by the Commerce Department to impose tariffs on steel and aluminum imports, although it would prefer a system of targeted tariffs rather than a global quota or a global tariff. The Commerce Department on Feb. 16 recommended that President Donald Trump impose steep curbs on steel imports from China...

  • The meeting, scheduled for Tuesday, will include Republican Senators Ted Cruz of Texas, Chuck Grassley and Joni Ernst of Iowa, along with Environmental Protection Agency Administrator Scott Pruitt, Agriculture Secretary Sonny Perdue, and potentially Energy Secretary Rick Perry, according to the four sources, who asked not to be named because they were not...