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Facebook CFO on earnings

Facebook's CFO David Wehner makes statements on Facebook's earnings, saying mobile news feed ads are a big driver of growth.

Source: CNBC.com

Japan Inc sees damaged security, less U.S. trade in Trump presidency -Reuters poll

Trump has also said he might withdraw U.S. troops from Japan unless it pays more to feed and house the 50,000 it hosts, and he has accused Japan of stealing U.S. jobs. His comments have only fueled simmering worries amongst some Japanese in recent years about whether Washington would defend Tokyo in a crisis under their alliance- the lynchpin of Japan's security...

Source: Reuters

Floods hit Argentine soy, exports may be cut, good weather ahead

BUENOS AIRES, April 20- Much of Argentina's soy crop has been swamped by 20 days of merciless rain, threatening a loss of supply from the world's top exporter of soymeal livestock feed and its No. 3 supplier of beans, meteorologists said on Wednesday. A weak harvest from such a major supplier would put upward pressure on world food prices and be bad news for new...

Source: Reuters

Instagram to add video channels to "Explore" section

April 14- Facebook's picture sharing app Instagram is updating its "Explore" section to add video channels that will appear in a feed according to users' preferences. For now, the upgrade will only be available in the United States, Instagram said on Thursday. Instagram version 7.20 is available on Apple's App Store and Google Play.

Source: Reuters

UPDATE 1-USDA boosts wheat, corn supply view; trims soy stocks outlook

WASHINGTON, April 12- The U.S. Agriculture Department on Tuesday raised its outlook for domestic wheat supplies to the highest since 1987 due to weakening demand in the feed sector. USDA said that wheat ending stocks at the end of the 2015/ 16 marketing year would be 976 million bushels, up 10 million bushels from its March outlook. USDA pegged corn ending stocks at...

Source: Reuters

USDA sees U.S. wheat stockpile at biggest since 1987

WASHINGTON, April 12- The U.S. Agriculture Department on Tuesday raised its outlook for domestic wheat supplies to the highest since 1987 due to weakening demand in the feed sector. USDA said that wheat ending stocks at the end of the 2015/ 16 marketing year would be 976 million bushels, up 10 million bushels from its March outlook. USDA pegged corn ending stocks at...

Source: Reuters

China's grain reforms to boost depressed corn processing industry

New demand from corn processing companies, as well as the feed and ethanol industries, will be vital to help China start cutting the 250 million tonnes of corn reserves built up under stockpiling policies, or more than the country can consume in a year. In its biggest grain reforms in a decade, China said this week it will stop stockpiling corn and halt price support...

Source: Reuters

US STOCKS-Futures edge up as investors await data

March 28- U.S. stock index futures were slightly higher on Monday as investors awaited data that may feed into the Federal Reserve's plans to raise interest rates this year. *A report by the Commerce Department on Monday is expected to show consumer spending rose 0.1 percent in February after having risen 0.5 percent in the previous month. The report is due at...

Source: Reuters

Gold tumbles 2% as Fed comments feed dollar gains

Spot gold fell about two percent on Wednesday, one of its deepest declines of the past year.

Source: Reuters

PRECIOUS-Gold tumbles 2 pct as Fed comments feed dollar gains

*Gold's safe-haven bids following Brussels attacks fade. NEW YORK/ LONDON, March 23- Spot gold fell about two percent on Wednesday, one of its deepest declines of the past year, as the dollar strengthened following hawkish comments Bullion tumbled to its lowest in a month, reversing the gains made the previous day when investors sought "safe haven" assets after...

Source: Reuters