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  • Vice President Mike Pence said on Saturday the United States will not end its trade action against China until it amends its trade polices. Speaking at an Asia Pacific Economic Co-operation summit in Papua New Guinea, Pence said the United States would not remove trade tariffs with China until it changes its policies. "We have taken decisive action to address...

  • *Globalisation leaving some people behind- Malaysia's Mahathir. PORT MORESBY, Nov 17- Fault lines were quick to emerge over the future of free trade as leaders gathered for an Asia-Pacific summit on Saturday, with some calling for radical change while others argued for a return to the status quo on globalisation. "The trade war between the U.S. and China has...

  • PORT MORESBY, Nov 17- Chinese President Xi Jinping warned on Saturday that the shadow of protectionism and unilateralism was hanging over global growth, joining other Asia-Pacific leaders in urging free trade. "One who chooses to close his door will only cut himself off from the rest of the world and lose his direction," Xi said at an Asia Pacific Economic...

  • PORT MORESBY, Nov 17- Russian Prime Minister Dimitry Medvedev warned against growing protectionism and argued for clear cut and transparent rules on trade. Medvedev was speaking in Russian at the Asia Pacific Economic Co-operation summit in Papua New Guinea, where U.S. Vice President Mike Pence is due to speak later about President Donald Trump's commitment...

  • PORT MORESBY, Nov 17- Global leaders must promote free trade, Australian Prime Minister Scott Morrison said on Saturday. Speaking at the Asia Pacific Economic Co-operation summit in Papua New Guinea, Morrison urged leaders to embrace free, open trade, rejecting protectionism. "The test for us now, for all of us is to stand up for the economic values we believe in.

  • NEW YORK, Nov 16- S&P 500 companies have set another record in share repurchases in the third quarter and look on track to break above $200 billion in buybacks for the quarter, according to an S&P Dow Jones Indices analysis. Even with more earnings reports to come for the third quarter, buybacks by S&P 500 companies in the period are now at $194.1 billion, topping the...

  • PORT MORESBY, Nov 17- Malaysian Prime Minister Mahathir Mohamad on Saturday said nations needed to reevaluate globalisation and economic integration because it was leaving some people behind and fuelling inequality. Speaking at the Asia Pacific Economic Co-operation summit in Papua New Guinea, Mahathir called for a more level playing field on trade...

  • PORT MORESBY, Nov 17- Malaysian Prime Minister Mahathir Mohamad on Saturday said nations needed to reevaluate globalization and economic integration because it was leaving some people behind and fueling inequality. Speaking at the Asia Pacific Economic Co-operation summit in Papua New Guinea, Mahathir called for a more level playing field on trade...

  • **FRANKFURT- ECB Chair of the Supervisory Board Daniele Nouy participates in conversation at the 19th Handelsblatt Annual Conference "EBR European Banking Regulation" in Frankfurt, Germany- 0915 GMT. LONDON- Bank of England Executive Director for UK Deposit Takers Supervision James Proudman speaking on' Cyborg Supervision- The Application of Advanced...

  • BOGOTA, Nov 16- A Colombian investigation into the death of Jorge Enrique Pizano, a key witness at the center of a corruption probe involving Brazilian construction firm Odebrecht, found that he died of a heart attack, the chief coroner said on Friday. The attorney general's office on Tuesday had ordered a probe into Pizano's Nov. 9 death on fears of foul play after...

  • Nov 16- The chief of California's top utilities regulator said on Friday he was shocked to learn that reassurances he made to investors about PG&E caused the embattled power utility's stock to surge over 40 percent in a matter of minutes. PG&E's stock had slumped over 60 percent since the state's deadliest-ever wildfire broke out last week on fears that...

  • Nov 16- Karey Burke will replace Channing Dungey as president of Walt Disney's ABC Entertainment, the company said on Friday. Disney is also on the verge of gaining new film and television properties from its purchase of assets from Twenty-First Century Fox Inc for $71.3 billion. After the completion of the Fox deal, Burke will report to Dana Walden, chairman of...

  • The move comes weeks after Republican Senator Chuck Grassley of Iowa, one of the country's biggest farm states and the biggest hog-producing state, slammed Smithfield for receiving what he said was aid from the USDA that was meant to help American farmers hurt by China's trade tariffs. USDA has agreed to the termination, " Tim Murtaugh, a spokesman for the USDA,...

  • NEW YORK, Nov 16- U.S. In a CNBC interview at the U.S. central bank's Washington headquarters on Friday, Fed Vice Chair Richard Clarida said the bank needs to be particularly data-dependent as rates are near the 2.5 percent to 3.5 percent "neutral" range that neither stimulates nor brakes economic growth. "The big driver right now is Fed speech," said Guy LeBas, chief...

  • Nov 16- Federal Reserve policymakers on Friday signaled further interest rate increases ahead, even as they raised relatively muted concerns over a potential global slowdown that has markets betting heavily that the rate-hike cycle will soon peter out. "We are at a point now where we really need to be especially data dependent," Richard Clarida, the Fed's newly...

  • MONTREAL, TORONTO Nov 16- Bombardier Inc's top executives met with investors in Montreal on Friday after a disappointing free cash flow forecast and regulatory action, which sent the plane and train maker's shares down 20 percent, sources familiar with the matter said. The Montreal meeting with Bombardier Chief Executive Alain Bellemare and Chief Financial...

  • Nov 16- Karey Burke will replace Channing Dungey as president of Walt Disney's ABC Entertainment, the company said on Friday. Burke is currently head of original programming for Disney's cable channel Freeform. Dungey will stay through a transition period as Burke assumes her new role, Disney said.

  • TORONTO, Nov 16- The Canadian dollar strengthened to its highest in more than one week against its U.S. counterpart on Friday, extending this week's gain as the greenback broadly fell and domestic data showed that factory sales edged higher in September. At 4:42 p.m., the Canadian dollar was. The currency touched its strongest level since Nov. 8 at 1.3128.

  • NEW YORK, Nov 16- China and Japan, the two biggest foreign U.S. creditors, cut their U.S. China remained the biggest holder of Treasuries with $1.151 trillion in September, which was the lowest amount since June 2017. On the other hand, Japan bought $16.07 billion in U.S. government debt in September, the highest amount since June 2017, Treasury data showed.

  • losing run@ Nov 16- Latin American stocks and currencies soared on Friday to more than one-week closing highs, aided by a soft dollar, with assets in Brazil and Mexico putting in particularly strong showings. Federal Reserve Vice Chair Richard Clarida's comments that U.S. interest rates were nearing Fed estimates of a neutral rate as dovish.