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  • COPENHAGEN, Sept 25- Denmark has bolstered defenses against shocks to its financial system after a risk-assessment body said the sector's stability could be threatened by the Danske Bank money laundering scandal. The case is a risk for Denmark's entire financial sector, the Systemic Risk Council, which monitors threats to the stability of the country's...

  • COPENHAGEN, Sept 25- Denmark has bolstered defences against shocks to its financial system after a risk-assessment body said the sector's stability could be threatened by the Danske Bank money laundering scandal. The case is a risk for Denmark's entire financial sector, the Systemic Risk Council, which monitors threats to the stability of the country's...

  • BUENOS AIRES, Sept 25- The governor of Argentina's central bank, Luis Caputo, presented his resignation to President Mauricio Macri on Tuesday for personal reasons, the bank said in a statement, in the midst of the country's efforts to negotiate a new deal with the IMF. The opening of trade in Argentina's peso currency was delayed due to a lack of dollar offering in...

  • Sept 25- U.S. stocks opened higher on Tuesday as the energy sector gained from oil prices hitting four-year highs, while bank stocks rose in anticipation of a Federal Reserve rate hike. The Dow Jones Industrial Average rose 39.53 points, or 0.15 percent, at the open to 26,601.58. The S&P 500 opened higher by 2.38 points, or 0.08 percent, at 2,921.75.

  • HAMBURG, Sept 25- China is starting to buy more Argentine soybeans because of Chinas trade war with the United States, and Argentina will in turn purchase more U.S. soybeans to meet its own needs, oilseeds analysts Oil World said on Tuesday. China has transferred much of its soybean purchases from the United States to Brazil, but tightening Brazilian supplies mean...

  • JOHANNESBURG, Sept 25- South African President Cyril Ramaphosa's multi-billion dollar plan to turnaround the economy will do little to lift the country's sluggish economic growth rate, ratings agency Fitch said on Tuesday. "South Africa's latest economic plan is unlikely to deliver a significant boost to economic growth," said Fitch, which rates Pretoria's...

  • LONDON, Sept 25- The Bank of England can reverse its huge bond-buying stimulus program without sharply pushing up long-term interest rates and hurting the economy, as long it explains the plan properly and moves only gradually, a top BoE policymaker said on Tuesday. "Understanding the main channels through which QE works is going to be very important when it...

  • NEW YORK/ LONDON, Sept 24- Gold was barely changed on Monday after the dollar dropped following remarks by the head of the European Central Bank then later pared losses, although activity was muted ahead of a U.S. central bank meeting this week. U.S. gold futures December delivery settled up $3.10, or 0.3 percent, at $1,204.40 per ounce. Liquidity was thin during Asian...

  • WASHINGTON— U.S. home prices rose in July at the slowest pace in 10 months as climbing mortgage rates become a more significant factor for a growing number of prospective buyers. Las Vegas, Seattle and San Francisco reported the biggest annual gains, with all three cities seeing double-digit increases. The average 30- year mortgage rate rose to 4.65 percent last...

  • ZURICH, Sept 25- A drug cocktail with Roche's Tecentriq added two months to small-cell lung cancer patients' lives, potentially aiding the Swiss company's bid to win approval in a niche disease area before rivals that now dominate the immunotherapy market. Patients with untreated extensive-stage small-cell lung cancer, where cancer has spread beyond the...

  • BRUSSELS, Sept 25- A Belgian trade union warned on Tuesday that Ryanair is "playing with fire" in its handling of a planned cabin crew strike across five countries on Sept. 28, by not warning passengers about possible disruptions to flight schedules. Cabin crew unions in Belgium, Spain, Portugal, Italy and the Netherlands are planning a 24- hour strike on Sept. 28 over...

  • GOVERNOR OF ARGENTINA'S CENTRAL BANK HAS PRESENTED HIS RESIGNATION- STATEMENT.

  • COPENHAGEN, Sept 25- Danske Bank's management has been invited by the Danish parliament's business committee to an open hearing in the parliament to explain its actions in the money laundering scandal linked to its Estonian branch. Under Danish law no one is obliged to participate in public hearings or comment under oath at them. The bank has not decided yet...

  • LANSING, Mich. _ Neogen Corp. on Tuesday reported fiscal first-quarter earnings of $15.2 million. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 28 cents per share. Three analysts surveyed by Zacks expected $103.5 million.

  • *Intel falls on Raymond James rating cut. Sept 25- Wall Street was set to open higher on Tuesday, as energy companies gained with oil prices at four-year highs and bank stocks rose in anticipation of a Federal Reserve rate hike. "Investors are concerned about the Fed meeting, in a sense that an acceleration of a higher rate cycle would be troubling," said Andre Bakhos,...

  • DANSKE BANK'S MANAGEMENT INVITED BY LAWMAKERS TO OPEN HEARING IN PARLIAMENT ABOUT MONEY LAUNDERING CASE.

  • COPENHAGEN, Sept 25- Denmark on Tuesday doubled capital buffers to bolster stability that its financial risk-assessment body said could be threatened by the Danske Bank money laundering scandal. The case is a risk for Denmark's entire financial sector, the Systemic Risk Council, which monitors threats to the stability of the country's financial system, said...

  • ST PETERSBURG, Fla. _ Jabil Inc. on Tuesday reported a fiscal fourth-quarter loss of $57.3 million, after reporting a profit in the same period a year earlier. Four analysts surveyed by Zacks expected $5.4 billion. For the current quarter ending in December, Jabil expects its per-share earnings to range from 79 cents to 99 cents.

  • Sept 25- Canadian Prime Minister Justin Trudeau on Tuesday took a cautious line over talks to update NAFTA, saying he saw a possibility that Canada could build on a bilateral deal that the United States and Mexico have already struck. Trudeau made his remarks at event hosted by the Council on Foreign Relations in New York. With time fast running out ahead of a...

  • LONDON, Sept 25- AstraZeneca's immunotherapy drug Imfinzi cut the risk of death in patients with mid-stage lung cancer by nearly a third in a closely watched clinical study, reinforcing the case for using the drug in earlier disease. The encouraging overall survival data boost prospects for a medicine that was approved this week in Europe and has already had a...