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Wires

  • Trump warned late on Tuesday he might end the NAFTA trade treaty with Mexico and Canada after three-way talks failed to bridge deep differences. Trump's remarks came ahead of a looming debate in Congress over raising the debt ceiling, and knocked the dollar lower on Wednesday. The Congressional Budget Office said in June that Congress would need to raise the...

  • The Energy Department said Wednesday the government should make it easier and cheaper to operate power plants, including coal and nuclear plants, to strengthen the nation's electric grid. Advocates for renewable energy have been bracing for the report since drafts that leaked to the press in recent weeks hinted that the Energy Department would conclude...

  • WASHINGTON, Aug 23- Cheap natural gas and the growth in renewable energy are speeding up the closure of coal and nuclear plants, putting the resilience of the U.S. electric grid at risk, according to an Energy Department report released on Wednesday. Energy Secretary Rick Perry commissioned the study in April to evaluate whether "regulatory burdens" imposed by...

  • *Three-month nickel on the London Metal Exchange gained 0.9 percent to $11,770.00 a tonne by 0125 GMT, after touching $11,825 overnight, the highest since last November. *The most-traded nickel contract on the Shanghai Futures Exchange rose 2.62 percent to 94,500 yuan a tonne, the highest since early March. *SHANGHAI COPPER: Shanghai Futures Exchange copper was...

  • SYDNEY, Aug 24- U.S. corn nudged higher on Thursday, edging up from a near five-month low touched earlier in the session after a widely watched crop tour pegged lower yields in a key producing region. *The most active corn futures on the Chicago Board Of Trade were trading up 0.1 percent at $3.56 a bushel by 0114 GMT, having earlier hit a low of $3.55-1/ 4 a bushel- the...

  • *First Capital is also the largest non-life insurer in Singapore. SINGAPORE, Aug 24- Mitsui Sumitomo Insurance Company Ltd has agreed to buy Singapore- based non-life insurer First Capital Insurance Ltd from Canada's Fairfax Financial Holdings for $1.6 billion, underscoring growing appetite among Japanese insurers to expand outside their home markets.

  • *Spot gold slipped 0.1 percent to $1,287.89 an ounce by 0101 GMT, after gaining 0.4 percent in the previous session. *Unconventional monetary policy is a success, but gaps in understanding the relatively new tools remain, European Central Bank President Mario Draghi said on Wednesday, cautioning against hasty policy responses to the new reality.

  • SINGAPORE, Aug 24- Oil prices were little changed in early trade on Thursday, holding most of their gains from the previous session after another fall in U.S. crude inventories which is seen as a sign of a tighter market. Brent crude futures, the international benchmark for oil prices, were at $52.48 per barrel at 0103 GMT, down 9 cents from their last close.

  • *Asia ex- Japan rises, yen strength weighs on Nikkei. SINGAPORE, Aug 24- Asian stocks edged up on Thursday, shaking off the risk aversion that gripped financial markets overnight after U.S. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.15 percent in early trade.

  • Aug 24- For other diaries, please see:. 24- Aug Japan 3- month discount bill auction 28- Aug United States Sale of 2- year notes 28- Aug United States Sale of 5- year notes 28- Aug Italy Zero-coupon/BTPi auction 29- Aug United States Sale of 7- year notes 29- Aug Germany Auction of 2- year Treasury notes 29- Aug Italy Bills auction 30- Aug Italy Medium-Long Term...

  • STOCKHOLM- Riksbank First Deputy Governor Kerstin af Jochnick will participate in a seminar on current issues in the Swedish economy- 1100 GMT. JACKSON HOLE, Wyoming- Luncheon address by the ECB President Mario Draghi at 41st Economic Symposium organized by the Federal Reserve Bank of Kansas City 2017 in Jackson Hole, U.S.A. 1900 GMT STOCKHOLM- Riksbank...

  • Aug 24- For other diaries, please see:. 24- Aug Japan 3- month discount bill auction 28- Aug United States Sale of 2- year notes 28- Aug United States Sale of 5- year notes 28- Aug Italy Zero-coupon/BTPi auction 29- Aug United States Sale of 7- year notes 29- Aug Germany Auction of 2- year Treasury notes 29- Aug Italy Bills auction 30- Aug Italy Medium-Long Term...

  • STOCKHOLM- Riksbank First Deputy Governor Kerstin af Jochnick will participate in a seminar on current issues in the Swedish economy- 1100 GMT. JACKSON HOLE, Wyoming- Luncheon address by the ECB President Mario Draghi at 41st Economic Symposium organized by the Federal Reserve Bank of Kansas City 2017 in Jackson Hole, U.S.A. 1900 GMT STOCKHOLM- Riksbank...

  • HOUSTON, Aug 23- Royal Dutch Shell and Anadarko Petroleum announced production shut-ins affecting five Gulf of Mexico oil platforms on Wednesday ahead of a storm expected to lash the Texas coast with heavy winds and rain later this week. The U.S. National Hurricane Center issued a hurricane watch Wednesday for much of the Texas coast, calling for slow-moving...

  • BUENOS AIRES, Aug 23- Argentina is betting on the reopening of the European market to maintain demand for its biodiesel exports after the United States imposed steep duties on imports, the leader of an industry group said on Wednesday. The World Trade Organization last year ruled in favor of Argentina in a dispute over anti-dumping tariffs the European Union...

  • LONDON, Aug 24- British car production rose by an annual 7.8 percent in July as manufacturers boosted output ahead of the key selling month of September, an industry body said on Thursday, reversing the downward trend recorded in recent months. Factories churned out 136,397 vehicles, according to the Society of Motor Manufacturers and Traders, the first...

  • LONDON, Aug 24- Nearly half of businesses operating in Britain's food supply chain say European Union workers are thinking about leaving because of uncertainty around Brexit, an industry survey showed on Thursday. Forty-seven percent of companies in Britain's food supply chain-- which includes farms, food processors, supermarkets and restaurants-- said their...

  • *Any appeal likely to go to Supreme Court next year- experts. SEOUL, Aug 24- If convicted and given a jail sentence, home for Jay Y. Lee, the billionaire de facto head of South Korean conglomerate Samsung, could be a crowded prison set in wooded hills just to the north of Seoul, where disgraced politicians and business leaders have previously served time.

  • *Lower court ruling in Jay Y. Lee trial on Friday. *Samsung Securities regulatory approval delayed due to trial. SEOUL, Aug 24- Samsung Group, South Korea's leading conglomerate, has no' Plan B' for taking big decisions if its billionaire de facto leader Jay Y. Lee is jailed for corruption, people familiar with the matter said.

  • NEW YORK, Aug 23- Venezuela bond prices fell on Wednesday following a report that the U.S. government was considering a ban on trading in the country's debt, with some securities falling to their lowest in 18 months. Venezuela's 2038 sovereign bond fell around 1.5 cents to 34.1 cents, according to Reuters data. Some argue that a ban on secondary trading could...