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Nikkei rebounds on some positive earnings but Fast Retailing sinks

TOKYO, Aug 5- Japan's Nikkei share average posted modest gains on Wednesday as stronger earnings buoyed construction firms and real estate developers, but Toyota Motor and other cyclical shares buckled under concerns about slower global growth. Construction firms were helped by earnings from Kajima Corp, which rose more than 6 percent to a nine-year high...
Source: Reuters
Summer of discontent as strike action hits Europe

UK and other European countries count the cost as it descends into strike-related chaos.
Source: CNBC.com | By: Dhara Ranasinghe
Are we seeing a new dawn of innovation in pharma?

Innovation has always been the blood pumping through the body of the industry, but in recent years the supply seemed to be getting poorer.
Source: CNBC.com | By: Catherine Boyle
Braking China puts BMW profit forecast at risk

BMW, the world's biggest luxury carmaker, warned that its FY financial forecasts may be at risk from any further deterioration in the Chinese market.
Source: Reuters
FOREX-Dollar extends gains after Fed official supports Sept rate hike

TOKYO, Aug 5- The dollar extended gains against the yen and euro on Wednesday after Atlanta Federal Reserve President Dennis Lockhart expressed support for an interest rate hike in September. Lockhart, a voter this year on the Federal Open Market Committee, told the Wall Street Journal that it would take "significant deterioration" in the U.S. economy for him to...
Source: Reuters | By: Shinichi Saoshiro
Dell sees light at end of PC tunnel

The PC's fall from popularity helped drive a hard-hit Dell to take itself private, but the computer maker now sees some signs its business there is turning around.
Source: CNBC.com | By: Leslie Shaffer
PRECIOUS-Gold struggles near multi-year low as Fed comments buoy dollar

MANILA, Aug 5- Gold slipped toward a 5-1/ 2- year low on Wednesday as the dollar strengthened after comments from a Federal Reserve official backed expectations that the U.S. central bank would hike interest rates as early as next month. Atlanta Federal Reserve President Dennis Lockhart has said it would take "significant deterioration" in the U.S. economy for him...
Source: Reuters
METALS-London copper sags on stronger dollar, weak China outlook

MELBOURNE, Aug 5- London copper slipped back on Wednesday towards six-year lows as the dollar rose on heightened expectations the U.S. Federal Reserve could raise interest rates in September and amid a bearish backdrop for China demand. "Sentiment here among Chinese investors is quite bearish at the moment, it's hard to see any sustainable rebound from here,"...
Source: Reuters
Ex-Fin Min: Indonesia hit by external, domestic woes  

Chatib Basri, Former Finance Minister of Indonesia from 2013-2014, says weaker commodity prices and a fall in government investment spending are hurting Indonesia's economy.
Source: CNBC.com
Gold stuck near multi-year low, Fed hike likely

Gold slipped toward a 5-1/2-year low on Wednesday as the dollar strengthened after comments from a Federal Reserve official backed expectations that the U.S. central bank would hike interest rates as early as next month.
Source: Reuters