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GLOBAL MARKETS-Oversupply angst drags oil lower, stocks drift near highs

29 mins ago NAMEX Comments Off on GLOBAL MARKETS-Oversupply angst drags oil lower, stocks drift near highs
NEW YORK (Reuters) – Oil prices fell sharply on Tuesday on oversupply concerns while a gauge of stocks across the globe was on track to rise for a seventh straight session after large overnight gains in Asia. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., Read More

Trump’s ‘Section 232’ autos tariff authority runs out of time, experts say

3 hours ago NAMEX Comments Off on Trump’s ‘Section 232’ autos tariff authority runs out of time, experts say
WASHINGTON (Reuters) – The clock has run out on President Donald Trump’s authority to impose “Section 232” tariffs on imports of foreign-made cars and auto parts, and he may have to find other means if he wants to pursue tariffs on European or Japanese cars, legal experts say. FILE PHOTO: Imported automobiles are parked in Read More

‘I’m trying to save my health & legs’: Russian figure skating star Evgenia Medvedeva on attempts to land quad

6 hours ago NAMEX Comments Off on ‘I’m trying to save my health & legs’: Russian figure skating star Evgenia Medvedeva on attempts to land quad
Russian figure skating star Evgenia Medvedeva has said that she plans to add a quadruple jump to her program, but stressed that she doesn’t want to get injured on this extremely difficult and risky element. Talking to RT Sport, the two-time world champion and Olympic silver medalist explained why she had mental breakdowns after disastrous Read More

Russia’s holdings of US state debt is 25 times smaller than that of tiny Luxembourg

11 hours ago NAMEX Comments Off on Russia’s holdings of US state debt is 25 times smaller than that of tiny Luxembourg
Russia’s holdings of US securities as of September stood at $10.75 billion, recent data from the US Treasury Department shows. Moscow’s total is just a fraction of what small states, like the Cayman Islands and Luxemburg, hold. Once a top investor in US debt, Russia has dramatically reduced its holdings in recent years as part Read More

Airbnb lobbies local Japan governments to ease curbs for Olympics

13 hours ago NAMEX Comments Off on Airbnb lobbies local Japan governments to ease curbs for Olympics
TOKYO (Reuters) – Airbnb Inc said on Tuesday it is lobbying local governments in Japan to ease curbs on short-term home rentals during next year’s Tokyo Olympics, seeking to counter a thicket of rules imposed last year. FILE PHOTO: A view of the Olympic stadium from Roppongi, Tokyo, Japan, October 31, 2019. Picture taken October Read More

Japanese stocks retreat as firmer yen weighs on exporters

13 hours ago NAMEX Comments Off on Japanese stocks retreat as firmer yen weighs on exporters
TOKYO, Nov 19 (Reuters) – Japanese shares slipped on Tuesday, with exporters pressured by a firmer yen against the dollar, while investors awaited clarity on the progress of negotiations to end the trade war between the United States and China. The benchmark Nikkei share average slid 0.5% to 23,292.65 and the broader Topix fell 0.2% Read More

Mario Shopping Kart: Nintendo unveils Tokyo store to lure casual gamers

14 hours ago NAMEX Comments Off on Mario Shopping Kart: Nintendo unveils Tokyo store to lure casual gamers
TOKYO (Reuters) – Nintendo Co Ltd unveiled its first Japanese store on Tuesday in Tokyo’s trendy Shibuya shopping district, in a step towards greater commercialization of its cast of popular characters. Nintendo’s game character Super Mario is displayed at Nintendo Tokyo, the first-ever Nintendo official store in Japan, at at SHIBUYA PARCO department store and Read More

Japan lower house passes U.S. trade deal; auto tariffs still in question

16 hours ago NAMEX Comments Off on Japan lower house passes U.S. trade deal; auto tariffs still in question
TOKYO (Reuters) – Japan’s lower house of parliament approved on Tuesday a limited trade deal Prime Minister Shinzo Abe agreed with the United States, clearing the way for tariff cuts next year on items including U.S. farm goods and Japanese machine tools. FILE PHOTO: Japan’s Prime Minister Shinzo Abe shakes hands with U.S. President Donald Read More

Asian shares mixed as doubts grow on elusive U.S.-China trade deal

18 hours ago NAMEX Comments Off on Asian shares mixed as doubts grow on elusive U.S.-China trade deal
SINGAPORE (Reuters) – Asian share markets were mixed on Tuesday, as another day awaiting clearer news on the progress of U.S.-China trade negotiations left investors bereft of trading motivation. FILE PHOTO: Visitors look at a stock quotation board at Tokyo Stock Exchange in Tokyo Japan, October 11, 2018. REUTERS/Issei Kato MSCI’s broadest index of Asia-Pacific Read More

Exclusive: KKR taps CK Infrastructure, buyout groups for Goodpack sale – sources

18 hours ago NAMEX Comments Off on Exclusive: KKR taps CK Infrastructure, buyout groups for Goodpack sale – sources
SINGAPORE (Reuters) – KKR & Co. (KKR.N) has tapped Hong Kong’s CK Infrastructure Holdings Ltd (1038.HK) and buyout groups including Blackstone (BX.N) and Sweden’s EQT AB (EQTAB.ST) to gauge buying interest for Singapore-based Goodpack, an intermediate bulk container maker, multiple sources with knowledge of the matter said. FILE PHOTO: Trading information for KKR & Co Read More