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  • *China bonded copper premiums jump $10 to highest since March. MELBOURNE, July 30- London copper soured on Thursday, as jitters resurfaced in China's sharemarkets and as a dollar revival picked up pace on bets of a looming rate rise in the United States. "We'll need to see how much more stimulus is thrown at it- if China throws a lot, at the end of the day, prices have to hold-...

  • Tokyo's Nikkei 225 gained 1.1 percent to 20,522.83 while Seoul's Kospi shed 0.9 percent to 2,019.03. Taiwan, Manila, Jakarta and New Zealand also gained while Singapore fell. CHINA'S GYRATIONS: The Shanghai benchmark suffered its biggest one-day drop in eight years on Monday when it plunged 8.5 percent despite government intervention to stem a slide in stock...

  • SYDNEY— A sea-crusted wing part found on an island in the western Indian Ocean may be the first trace of Malaysia Airlines Flight 370 found since it vanished nearly a year and a half ago, and a tragic but finally solid clue to one of aviation's most perplexing and expensive mysteries. Air safety investigators— one of them a Boeing investigator— have identified the...

  • WASHINGTON— Air safety investigators have a "high degree of confidence" that aircraft debris found in the Indian Ocean is of a wing component unique to the Boeing 777, the same model as the Malaysia Airlines plane that disappeared last year, a U.S. official said Wednesday. A French official close to an investigation of the debris confirmed Wednesday that French...

  • *OPEC oversupply 3 million bpd in Q2- Reuters survey. Asian investors focused on OPEC production figures that showed members of the Organization of the Petroleum Exporting Countries produced around 3 million barrels of oil per day more than daily demand in the second quarter, a Reuters survey showed. OPEC members pumped 31.25 million barrels per day in the...

  • *OPEC oversupply 3 million bpd in Q2- Reuters survey. Asian investors focused on OPEC production figures that showed members of the Organization of the Petroleum Exporting Countries produced around 3 million barrels of oil per day more than daily demand in the second quarter, a Reuters survey showed. OPEC members pumped 31.25 million barrels per day in the...

  • METALS-London copper jumps as shorts rush for cover Tuesday, 28 Jul 2015 | 10:13 PM ET

    MELBOURNE, July 29- London copper jumped on Wednesday as short sellers rushed to cover their positions amid speculation about further stimulus from China, and ahead of a key monetary policy meeting in the United States. Three-month copper on the London Metal Exchange jumped by 1.2 percent to $5,360.50 a tonne by 0141 GMT, adding to 2.2 percent gains in the...

  • WASHINGTON— In the sci-fi thriller "Ex Machina," the wonders and dangers of artificial intelligence are embodied in a beautiful, cunning android named Ava. She puts her electronic smarts to work with frightening results, manipulating and outwitting her human handlers. Just how far off in the future is a robot like the fictional Ava?

  • China's already-volatile benchmark stock index, with a combined market capitalisation of $4.6 trillion, has lost 10 percent in the last two days of trade. "Typically, equity markets do have a high correlation to quarterly GDP growth," Deutsche Bank strategist Michael Lewis said. Brent was down 72 cents at $52.75 a barrel by 1054 GMT, having hit a session low of...

  • BEIJING/ SHANGHAI, July 28- China Eastern Airlines plans to work with new investor Delta Air Lines to expand its global footprint beyond China-U.S. routes, an executive from the Shanghai- based carrier said. While the airlines will deepen their ties on trans-Pacific routes, there is scope to work in other regions such as Europe, James Wang, China Eastern's board...

  • KUALA LUMPUR, Malaysia— Long-haul budget carrier AirAsia X said Tuesday it expects to return to operational profit by the end of the year and is open to foreign investment. AirAsia X has suffered losses in the past two years and its share price has plunged to near record lows at around 0.20 ringgit, far below its IPO price of 1.25 ringgit. Malaysia- based AirAsia X has...

  • China's already-volatile benchmark stock index, with a combined market capitalisation of $4.6 trillion, has lost 10 percent in the last two days of trade. "Typically, equity markets do have a high correlation to quarterly GDP growth," Deutsche Bank strategist Michael Lewis said. Brent had fallen 78 cents to $52.69 a barrel by 0821 GMT, having hit a session low of...

  • The United States and Japan, the two biggest economies in the talks, are both keen for strong intellectual property protections, such as long copyright periods and data protection for next-generation drugs. Japanese Economy Minister Akira Amari, arriving in Hawaii with his counterparts from the 12- nation Trans-Pacific Partnership countries, told...

  • China stocks fall for second day, Europe rises Tuesday, 28 Jul 2015 | 1:09 AM ET

    BEIJING— Chinese stocks fell further Tuesday after suffering their biggest drop in eight years the previous day while most other Asian markets declined and Europe rose. In Europe, Germany's DAX was up 0.9 percent at 11,150.48 and France's CAC-40 gained 0.8 percent to 4,967.18. CHINA'S PLUNGE: The Shanghai index fell 8.5 percent on Monday, its biggest one-day...

  • SINGAPORE, July 28- Oil prices fell towards four-month lows on Tuesday, dropping for a fifth straight session on persistent worries about a global supply glut, while stock market sell-offs on both sides of the Pacific also rattled investor sentiment. Uncertainty over the health of the Chinese economy, reflected in the sell-off in the stocks, lacklustre U.S. oil...

  • SINGAPORE, July 28- Oil prices fell close to four month lows in early Asian trade on Tuesday after stock market sell-offs on both sides of the Pacific rattled investor sentiment about the Chinese economy, adding to concerns about a global oil glut. It's a trend which says investors are selling, "said Jonathan Barratt, chief investment officer at Sydney's Ayers...

  • First Quantum said it was unable to provide estimates on how long the power supply reduction would last or its impact on production. The country's power provider ZESCO has contracted independent power producers to procure more electricity by the end of 2015, First Quantum said. First Quantum's Zambian smelter, which ramped up in February, is expected to...

  • *Asia drops after Monday's freefall in China shares. The dollar was under pressure as China jitters spurred flows into havens such as the yen, while commodities including oil and copper wilted amid fears of a collapse in demand from China. MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.3 percent.

  • DIARY-Top Economic Events to Aug 10 Monday, 27 Jul 2015 | 8:01 PM ET

    SYDNEY- Reserve Bank of Australia Governor Glenn Stevens speaks at the Boao Forum for Asia Financial Cooperation Conference, hosted by the New South Wales government- 0030 GMT. KYOTO- Bank of Japan board member Koji Ishida speaks to business leaders in Kyoto- 0130 GMT. LONDON- Bank of England holds Monetary Policy Committee meeting.

  • CHICAGO, July 27- Chicago Board of Trade corn and soybean futures plunged to their lowest in more than a month on Monday as improving weather for crop development across the U.S. "The perception is the crops are stabilizing, if not improving in some areas," said Tom Fritz, analyst at EFG Group. Corn posted the biggest decline, with the front-month contract shedding 4.8...