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  • *Coming Up: Germany Industrial output Dec 0700 GMT. MELBOURNE, Feb 9- London copper steadied on Tuesday, underpinned by a weaker dollar as worries over bank solvencies spilled over from global stock markets, and turnover was extremely low as traders waited for the return of top consumer China next week. "There are a lot of people who have come back in 2016 and are...

  • SYDNEY, Feb 9- Asian share markets were scorched on Tuesday as stability concerns put a torch to European bank stocks and sent investors stampeding to only the safest of safe-haven assets. MSCI's broadest index of Asia-Pacific shares outside Japan fell 1.2 percent, with Australian shares hitting 2-1/ 2- year closing low, and would have been lower if not for...

  • Markets were down less severely in the Philippines, Indonesia, Thailand and New Zealand. China, Hong Kong, Taiwan and South Korea were closed for Lunar New Year holidays. Among banking stocks, National Bank of Australia retreated 4.8 percent in Sydney and Mizuho Financial sank 6.2 percent in Tokyo.

  • *Thin liquidity in Asia with China on week-long holiday. MANILA, Feb 9- Gold edged up to near its highest since June on Tuesday, as uncertainty over global growth that has hammered stocks puts the precious metal on course for its longest rally since 2011.. Tuesday would mark gold's eighth straight day of gains as investors seek safe havens in the face of instability...

  • SYDNEY, Feb 9- U.S. soybeans rose for the first time in five sessions on Tuesday, coming off their lowest level in nearly one month, though gains were capped as heavy rains improved production prospects in Argentina. *Storms brought moisture to dry fields in Argentina during a key time for crop development. *Traders have been on edge about weather conditions in...

  • TOKYO, Feb 9- Crude oil prices jumped as much as 2 percent on Tuesday, shrugging off big drops in Japan's stock market and eroding some of the previous session's losses that were driven by festering concerns about global oversupply. U.S. crude was up 49 cents at $30.18 a barrel at 0259 GMT, after rising as far as $30.30. But on Tuesday, oil market traders ignored a 5-...

  • *Asia trade insurers wary over China, India metals firms. *Coming Up: Germany Industrial output Dec 0700 GMT. MELBOURNE, Feb 9- London copper drifted on Tuesday after worries over bank solvencies spilled over from global stock markets, and turnover was extremely low as traders waited for the return of top consumer China next week for fresh signals on demand.

  • Comptroller of the Currency Thomas Curry speaks at luncheon before the 2016 National Interagency Community Reinvestment Conference, "Pathways to Economic Opportunity," sponsored by the Federal Reserve Bank of San Francisco, Federal Deposit Insurance Corp, Office of the Comptroller of the Currency and the Community Development Financial Institutions...

  • *Sydney, Hong Kong store owners report sagging business. SYDNEY/ HONG KONG, Feb 9- Watching a lone browser in his Sydney Chinatown shop, Bing Chen is worried business is being squeezed this Lunar New Year by what's ailing the world economy at large- the weakest Chinese economy in 25 years. "Our customers have halved," said Chen, standing by neatly stacked shelves at his...

  • *Argentina crops benefit during critical weekend. CHICAGO, Feb 8- U.S. soybean futures slid to seven-week lows on Monday after weekend rains across major exporter Argentina reduced the likelihood that dry weather would curb yields. Soybean traders focused on Argentina after storms brought moisture to dry fields during a key time for crop development.

  • *China closed for Lunar New Year holidays. LONDON, Feb 8- Nickel bounced on Monday after touching its lowest in more than 12 years and most other industrial metals also climbed on a weaker dollar and a decline in selling from China. Markets were helped by China's closure for Lunar New Year holidays as there was less selling from funds which have weighed on the market...

  • *Wheat prices fall on Egypt demand uncertainty. LONDON, Feb 8- U.S. soybeans slid to a one-month low on Monday as rains across Argentina eased fears over dry weather curbing yields while wheat also fell as uncertainty about demand from top buyer Egypt kept prices under pressure. Wheat futures were lower weighed by uncertainty about trade with Egypt following the...

  • *France says will support New Caledonia nickel industry. Three-month nickel on the London Metal Exchange lurched down to $7,900 a tonne, the weakest since April 2003, before paring losses to $8,095, down 0.8 percent, by 1127 GMT. We think there's over one million tonnes of nickel inventories around, "said analyst David Wilson at Citi in London.

  • *Focus shifting to Fed testimony, IEA, EIA and OPEC data. LONDON, Feb 8- Crude oil prices eased in thin trade on Monday as a meeting between OPEC producers Saudi Arabia and Venezuela showed little indication that steps would be taken to boost prices. Saudi Arabia's oil minister Ali al-Naimi discussed cooperation between members of the Organization of the...

  • TOKYO— Asian stock markets crept higher Monday in thin holiday trading, with gains kept in check as investors fretted about a global economic slowdown after data showed U.S. employers added fewer jobs last month. KEEPING SCORE: Japan's benchmark Nikkei 225 rose 1.1 percent to 17,004.30 while Australia's S&P/ASX 200 was flat at 4,975.40. Markets were closed in...

  • *Saudi, Venezuela meet ends with few signs of price boost. TOKYO, Feb 8- Crude oil futures rose on Monday in thin trade as many Asian markets were on holiday for Lunar New Year, with few trading cues expected until Federal Reserve Chair Janet Yellen gives testimony to lawmakers later in the week. U.S. crude futures were also up 30 cents at $31.19, after falling 83 cents to...

  • SYDNEY, Feb 8- Australian Prime Minister Malcolm Turnbull on Monday ruled out a rise in the Goods and Services Tax under pressure from within his own party, further raising the possibility that he may dissolve parliament and call a snap election. "At this stage, I remain to be convinced or persuaded that a tax mix switch of that kind would actually give us the...

  • TOKYO— Asian stock markets were little changed Monday in thin holiday trading as investors fretted about a global economic slowdown after data showed U.S. employers added fewer jobs last month. KEEPING SCORE: Japan's benchmark Nikkei 225 rose 0.1 percent to 16,827.97 while Australia's S&P/ASX 200 was flat at 4,975.00. Markets were closed in China, Hong Kong,...

  • TOKYO, Feb 8- Crude oil futures inched up on Monday in thin trade as many Asian markets were on holiday for Lunar New Year, with few trading cues expected until Federal Reserve Chair Janet Yellen gives testimony to lawmakers later in the week. Global benchmark Brent futures were up 9 cents at $34.157 at 0403 GMT. U.S. crude futures were also up 9 cents at $30.98, after...

  • *Lunar New Year closes most markets, with China off all week. *Wall Street skids, led by technology sector. TOKYO, Feb 8- Asian shares got off to a rocky start on Monday after mixed U.S. jobs data helped sink shares on Wall Street, but trade was thin with many regional markets closed for the Lunar New Year holiday.