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  • *Hopes of easing U.S.- China trade conflict limits losses. SINGAPORE, Jan 18- Chicago soybean futures ticked down on Friday with the market poised to finish lower for a second consecutive week on pressure from a lack of Chinese buying. The most-active soybean contract on the Chicago Board Of Trade is down around half a percent this week, the second straight weekly...

  • *Hopes for thaw in US- China trade row lift equities. TOKYO, Jan 18- Asian stocks advanced on Friday as a report of progress in U.S.- China trade talks stirred hopes of a deal in their tariff dispute and supported risk sentiment. Treasury Secretary Steven Mnuchin discussed lifting some or all tariffs imposed on Chinese imports and suggested offering a tariff...

  • TOKYO, Jan 18- Japan's Nikkei rose on Friday morning to its best level in a month tracking a rally on Wall Street as hopes of a resolution to the U.S.- China trade dispute boosted risk appetite, while motor maker Nidec tumbled on its dismal earnings outlook. Market sentiment was lifted by a Wall Street Journal report that U.S. Treasury Secretary Steven Mnuchin...

  • Meister will join the board on Friday, expanding its size by one to 13 members, MGM said in a statement released late on Thursday. MGM's chief executive officer and chairman, Jim Murren, said the company and Meister have been holding "constructive dialog" over the last several months, and he praised the investor's track record of "helping companies maximize value...

  • BEIJING, Jan 18- London copper prices rose for a fourth straight session early on Friday, hitting their highest level so far this year, on signs the United States and top metals consumer China are closer to resolving their long-running trade dispute. *TRADE: Trade officials from the United States and China are in discussions to reopen China's market to U.S. chicken...

  • *Crises to keep Trump, Macron, May away from Davos. MILAN, Jan 17- An array of crises will keep several world leaders away from the annual World Economic Forum in Davos next week, which takes place against a backdrop of deepening gloom over the global economic and political outlook. Donald Trump, who stole the Davos limelight last year with a rare appearance by a...

  • BENGALURU, Jan 18- Palladium held near $1,400 an ounce on Friday after surging to record levels in the previous session on tight supplies and robust demand, while gold stood firm amid a partial U.S. government shutdown. *Spot palladium was up 0.3 percent at $1,400.50 per ounce at 0116 GMT, having hit an all-time high of $1,434.50 on Thursday. *Spot gold was steady at...

  • SYDNEY, Jan 18- U.S. soybean futures edged higher on Friday amid bets the U.S. and China would resolve their long-drawn trade dispute, though the oilseed remained on course to finish the week in negative territory. *Soybeans hit a high of $9.12 a bushel on Thursday- the highest since Jan. 11. Numerous crop watchers have scaled back their harvest forecasts for...

  • *Dec core CPI up 0.7 pct yr/yr vs f'cast +0.8 pct. TOKYO, Jan 18- Japan's annual core consumer inflation slowed to a seven-month low in December as soft household spending kept firms from raising prices, a further sign of the growing challenge faced by the central bank in achieving its elusive 2 percent target. The data underscores the fragile nature of Japan's...

  • Jan 17- Netflix Inc forecast first-quarter revenue slightly below Wall Street estimates on Thursday, even after a record quarter for new customers, sending shares of the world's largest streaming service down 4 percent in after-hours trading. "Results won't push its stock higher from here, with most of the good news already priced in after a massive rally...

  • TOKYO, Jan 18- The dollar was firm against the yen on Friday as growing optimism on progress in Sino-U.S. trade talks supported broader appetite for risk. "The reaction of the market to the report shows the overall optimistic view spreading out across the foreign exchange market," said Masafumi Yamamoto, chief currency strategist at Mizuho Securities.

  • WASHINGTON, Jan 17- Treasury Secretary Steven Mnuchin on Thursday declined a request by the Democratic chairman of the U.S. House of Representatives tax committee to testify next week about the partial government shutdown's impact on the upcoming federal tax filing season. In a letter to House Ways and Means Committee Chairman Richard Neal, the Treasury...

  • LONDON, Jan 17- Oil traders seem increasingly convinced OPEC's prompt action in cutting production will be enough to offset the impact of rising shale production and slowing global growth. Saudi Arabia and its OPEC and non- OPEC allies have implemented substantial reductions in production and exports during December and the first part of January.

  • SAO PAULO, Jan 17- Brazil's aviation regulator said on Thursday it was going to ground 10 planes operated by Avianca Brasil, 20 percent of its fleet, prompting the carrier to go to court seeking to prevent the decision being enforced. Avianca Brasil said in a statement that the announcement by ANAC was "in disagreement with the judicial decision" in a Sao Paulo...

  • LONDON, Jan 18- Major consumer companies including Unilever, Procter& Gamble and Nestle are chasing consumers who want food and household goods delivered automatically, even though this kind of business has not always worked. The world's biggest packaged food company, Nestle, whose Nespresso coffee is already a sizeable subscription business, recently...

  • PHILADELPHIA, Pennsylvania- Federal Reserve Bank of Philadelphia President Patrick Harker speaks on "Business, Equity and the Future of Philadelphia" before event, "The Prosperity Symposium: Economic Mobility Research in Action"- 1600 GMT SOMERSET, New Jersey- Federal Reserve Bank of New York President John Williams speaks on the U.S. economic outlook and...

  • Jan 18- Global miner Rio Tinto on Friday logged a slight drop in quarterly iron ore production in December and said it expected to produce more iron ore in 2019 in a target range that was at the lower end of analyst expectations. Mined copper production beat its guidance, mostly due to higher grades and better productivity at Rio Tinto's Kennecott operations in...

  • Jan 17- U.S. refiners are bidding up prices for scarce types of crude oil needed for their most sophisticated plants as the United States reconsiders harsher sanctions on Venezuela that could further reduce imports of the country's oil. But the proposals that would most affect the energy industry involve banning U.S. exports of refined products or limiting...

  • TOKYO, Jan 18- Japan's annual core consumer inflation slowed in December for the second straight month in a further sign of the growing challenge faced by the central bank in achieving its elusive 2 percent inflation target. The so-called core-core inflation index, which excludes food and energy prices and is similar to the core index used in the United States,...

  • WASHINGTON, Jan 17- President Donald Trump has canceled his delegation's trip to the World Economic Forum in Davos, Switzerland, next week due to the partial U.S. government shutdown, according to a statement released by Press Secretary Sarah Sanders on Thursday. Trump, who attended last year's Davos event, had planned to go again this year but pulled out last week...