Nikkei gains for 2nd day in row led by large caps; steel sector shines

Tue Jul 23, 2013 7:11am BST
TOKYO, July 23 (Reuters) - Japan's Nikkei average rose for
the second straight day on Tuesday in volatile trade, with
traders citing opportunistic buying in index heavy-weights such
as SoftBank Corp and Sony Corp.

he steel sector also benefited from a media report citing
price hike in steel products, sending the benchmark Nikkei
up 0.8 percent to 14,778.51 after falling as low as
14,549.06 in early trade. The Topix added 0.5 percent to
1,222.72.

FTSE100 firmly higher in early deals as the miners thrive

GBP BBA Mortgage Approvals 37.3K 38.5K 36.1K

VW says Bentley to build SUV in UK, create over 1,000 jobs

BERLIN | Tue Jul 23, 2013 10:33am BST
(Reuters) - Bentley Motors, Volkswagen's ultra-luxury division, will build its first sport-utility vehicle in the United Kingdom and create over 1,000 jobs in the country, VW said on Tuesday.

Bentley will invest over 800 million pounds over the next three years at its U.K. headquarters and the development of new models, VW said. Sales of the planned SUV will start in 2016.

(Reporting by Andreas Cremer; Editing by Christoph Steitz)

FTSE100 ahead in midday trade, although off earlier highs

CAD Core Retail Sales m/m 1.2% 0.1% -0.3%

CAD Retail Sales m/m 1.9% 0.4% 0.1%

USD Richmond Manufacturing Index -11 7 8

EUR Consumer Confidence -17 -18 -19

FTSE100 gives up early gains to end session modestly lower