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  • *Palladium tumbles over 7 pct to lowest since 2010. MANILA, Aug 25- Gold fell on Tuesday as Asian shares bounced off three-year lows and the U.S. dollar rebounded from a brutal selloff in the prior session that was fuelled by fears over the fate of the Chinese economy. Palladium was the worst hit among precious metals, slumping more than 7 percent at one stage to its...

  • For most of the day, it appeared that the market had shaken off some of its worries about the slowdown in China, and at one point the Dow was up by as much as 441. But then sell orders began pouring in in the last 15 minutes of trading. The rally came after China lowered interest rates to try to boost the world's second-biggest economy. "The return to a more traditional...

  • *Japan Finance Minister Aso says China equity bubble bursting. SHANGHAI, Aug 25- Chinese stocks sank again on Tuesday, despite a rebound in markets elsewhere in Asia, as investors despaired at the lack of policy action from Beijing in response to recent data suggesting the downturn in the world's second-largest economy is deepening. China, a key driver of the...

  • MANILA, Aug 25- Gold hovered below a seven-week high on Tuesday as equity markets and the U.S. dollar rebounded from a brutal selloff in the prior session that was fuelled by fears over the fate of the Chinese economy. "If that remains the case over the course of this session then buying interest in gold could dry up," said Michael McCarthy, chief market strategist at...

  • DIARY- Top Economic Events to Sept 7 Monday, 24 Aug 2015 | 8:01 PM ET

    MANNHEIM, Germany- European Central Bank Vice President Vitor Constancio speaks at the ECB session "Effects of non-standard monetary policy measures: evidence and challenges" at the 30th Annual Congress of the European Economic Association- 1040 GMT. MANNHEIM, Germany- European Central Bank Chief Economist Peter Praet speaks at the session "The Euro crisis...

  • *Corn, wheat futures advance into positive territory. CHICAGO, Aug 24- U.S. soybean futures dropped to their lowest levels in over six years on Monday and soyoil touched a nine-year low as concerns about China's faltering economy fueled selloffs in commodities and equities markets. Soybeans have dropped in six out of the last seven sessions on worries that signs...

  • CHICAGO, Aug 24- U.S. soybean futures pared losses and briefly traded higher on Monday after dropping to six-year lows as concerns about the faltering economy in top-importer China fueled deep sell-offs in commodities and equities. Broad selling pressure sank commodities and equities in early trading as investors rushed for the exits after China shares...

  • *Soybeans fall 2 pct as China growth fears spook investors. PARIS/ SYDNEY, Aug 24- U.S. soybeans fell to fresh six-year lows on Monday, caught up in a latest slide in commodity markets fanned by fears about the faltering economy in China, which is by far the largest importer of the oilseed. Soybeans were also under pressure from favourable crop weather in the United...

  • *Sydney house price surge has regulators worried. SYDNEY, Aug 24- When Ron Buxton bought his sprawling five-bedroom property in Sydney's Castle Hill for A $87,000 in 1979, his was one of only two houses on a dead-end street, ringed by orange groves. Sydney's population of 4.5 million people already spreads over 1,600 square km, twice the size of New York city.

  • President Barack Obama signed a federal declaration of emergency for Washington state on Friday, authorizing the U.S. Department of Homeland Security and the Federal Emergency Management Agency to coordinate relief efforts in 11 counties and several Indian reservations hard hit by wildfires. The Okanogan Complex includes the so-called Twisp River fire,...

  • *Falling factory data fuels worries China slowing sharply. LONDON, Aug 21- Gold eased on Friday after an earlier rally to six-week highs ran out of steam, but remained on track for its biggest weekly gain since mid January as more bad economic data from China battered financial markets. World stocks tumbled towards their worst week of the year, while the dollar...

  • LONDON, Aug 21- World stock markets tumbled towards their worst week of the year on Friday and commodities got another kicking, as more alarming data from China sent investors scurrying to the safety of bonds and gold. The data from China showed its giant manufacturing sector slowing at the fastest pace since the depths of the financial crisis in 2009,...

  • *China refined nickel imports nearly double in July. *China aluminium semis exports second lowest this year. MELBOURNE, Aug 21- London copper resumed its fall on Friday and was facing its seventh weekly loss, as poor factory growth in China fanned fears its economy was worsening, but the $5,000 support level held for now.

  • TOKYO/ SINGAPORE, Aug 21- Global stocks tumbled on Friday after a survey showed Chinese factories contracted at their fastest pace since the depth of the global financial crisis in 2009, sending investors scurrying to the safety of bonds and gold. Oil prices and emerging market assets also took a hammering, as fears of a China- led deceleration in global growth...

  • *China flash PMI shrinks at fastest pace in near 6-1/ 2 years. MELBOURNE, Aug 21- London copper fell on Friday and was facing its seventh weekly loss, as poor factory growth in China compounded fears that its economy was worsening, eroding the demand outlook for metals. Activity in China's factory sector shrank at its fastest pace in almost 6-1/ 2 years in August as...

  • *Falling factory data fuels worries China slowing sharply. MELBOURNE, Aug 21- Spot gold hits highest level in more than a month on Friday after weak factory growth in China fanned worries that the world's second largest economy may be slowing sharply, sparking safe-haven demand for the metal. Asian stocks fell, following Wall Street, as fears took hold of a China-...

  • *Performance of China markets later in session in focus. TOKYO, Aug 21- Asian stocks fell early on Friday, following Wall Street, as fears took hold of a China- led deceleration in global growth. MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.5 percent.

  • SYDNEY— Qantas Airways Ltd. posted a 557 million Australian dollar full-year profit on Thursday in a dramatic turnaround since it recorded a $2.6 billion loss in the previous year. Australia's largest airline said in a statement that the profit for the fiscal year through June reflected strong performances from all business segments, including its...

  • TOKYO, Aug 20- The U.S. dollar was on the defensive against the euro and yen on Thursday, having pulled back sharply after Federal Reserve meeting minutes suggested policymakers were in no hurry to raise interest rates. The probability of a September hike is now 45 percent from about 50 percent towards the end of July, according to the Chicago Mercantile...

  • TOKYO, Aug 20- The dollar was on the defensive against the euro and yen on Thursday, having pulled back sharply after Federal Reserve meeting minutes suggested that policymakers were in no hurry to raise interest rates. That prompted traders positioned for a September rate increase to quickly unwind their bets, pushing the dollar in overnight trading to a...