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  • LONDON, Jan 29- World stock markets rallied and the yen slumped on Friday after the Bank of Japan took one of its main interest rates into negative territory, its boldest step yet to re-inflate the world's third-biggest economy. The Bank of Japan said it would charge 0.1 percent for excess reserves and may cut rates further if necessary, an aggressive policy...

  • LONDON, Jan 29- The last classic Land Rover Defender, the 4 x4 known the world over and with famous owners including Queen Elizabeth, rolled off the production line on Friday, 68 years since first being built. Designed originally for farming and agricultural use, the offroader became an iconic British vehicle, popular with celebrities including Beatles singer...

  • *Lead touches $1,703.50 a tonne, highest since Jan. 6. LONDON, Jan 29- Copper prices rose on Friday as traders and funds expecting tighter supplies reversed their bets on lower prices, but they expect uncertainty about Chinese demand to cap gains ahead of the Lunar New Year holiday. The metal used in power and construction is on course for a second week of gains of...

  • Q4 GDP at 1330 GMT. LONDON, Jan 29- Gold edged lower on Friday as the dollar strengthened, but prices were still on track for their strongest monthly climb in a year after global economic headwinds hit riskier assets. Spot gold was down 0.2 percent at $1,111.96 an ounce by 1104 GMT, while U.S. gold for February delivery was flat at $1,114.00 an ounce.

  • LONDON, Jan 29- World shares jumped and the yen slumped on Friday after the Bank of Japan stunned markets by taking one of its main interest rates into negative territory, its boldest step yet to reinflate the economy. The yield on Japanese benchmark government bonds plunged to record lows after the central said it would charge 0.1 percent for excess reserves...

  • *Freeport copper export licence expired Thursday. *Freeport says "everything is normal" at massive mine. Asked if overseas shipments had ceased, a Freeport spokesman said "everything is normal", without elaborating.

  • SEOUL, South Korea— Tokyo stocks finished nearly 3 percent higher on Friday while the yen dived after after the country's central bank introduced a negative rate interest policy to boost the economy after previous stimulus efforts produced indifferent results. Other Asian markets were higher after China's top economy official said there is no basis for the...

  • Fugro search director Paul Kennedy has described SAS as developing technology with some questions about its reliability. Because the search was in such a remote region, Fugro opted for established technology with ready supplies of spare parts. The Dong Hai Jiu 101 will join two Fugro ships, Furgo Discovery and Furgo Equator, which will continue to search with...

  • *Freeport copper export licence expired Thursday. JAKARTA, Jan 29- Indonesia has not yet issued a new copper export permit to the local unit of U.S. mining giant Freeport McMoRan Inc, government officials said on Friday, but talks on the issue are expected to continue later in the day. Freeport's six-month licence to export copper concentrate expired on Thursday...

  • DIARY-Top Economic Events to Feb 11 Thursday, 28 Jan 2016 | 7:01 PM ET

    SAN FRANCISCO- Federal Reserve Bank of San Francisco President John Williams participates in panel before the Commonwealth Club, Bank of America Merrill Lynch Walter E. Hoadley Annual Economic Forecast event- 2030 GMT. PRAGUE- European Commission Vice President Valdis Dombrovskis, Slovak Finance Minister Peter Kazimir, Czech central bank Governor...

  • Apple recalls power adapters sold outside United States Thursday, 28 Jan 2016 | 12:46 PM ET

    Apple is recalling some AC power adapters that it sold for use in continental Europe, South Korea and several other countries outside the United States, after concluding that the two-pronged wall plugs may break and cause an electric shock. The announcement comes a week after Microsoft announced its own voluntary recall of certain power cords sold with...

  • MELBOURNE, Jan 28- China's MMG Ltd flagged on Thursday that its $10 billion new copper mine in Peru was set to ramp up production faster than some analysts had expected, which could weigh on copper markets already mired at more than six-year lows. MMG, the Melbourne- based arm of China's state-owned Minmetals Corp, said it expected to produce 250,000 to 300,000...

  • DIARY-Top Economic Events to Feb 10 Wednesday, 27 Jan 2016 | 7:01 PM ET

    THURSDAY, JANUARY 28 HELSINKI- OECD to publish its economic survey of recession-hit Finland in a press conference with Finnish finance minister Alexander Stubb- 0830 GMT. BRATISLAVA- National Bank of Slovakia Governor Jozef Makuch participates in economic conference "Economic development of the Slovak economy expected in 2016", with presentation: The...

  • GRAINS-Wheat snaps rally, soy firm, corn flat Wednesday, 27 Jan 2016 | 5:29 PM ET

    Corn coasted for the second straight day, while soybean futures rose on dry weather concerns in South America and southern Africa. At the Chicago Board of Trade, March wheat settled 8-1/ 4 cents lower at $4.76-1/ 2 per bushel, a day after hitting $4.88-1/ 2, its highest since Dec. 21. "We are in a pattern of seeing short-covering rallies run out of steam," said Joe Davis,...

  • WELLINGTON, Jan 28- New Zealand's central bank kept interest rates steady as expected on Thursday but said more easing may be needed due to low inflation. The Reserve Bank of New Zealand left the Official Cash Rate unchanged at 2.50 percent after cutting four times last year. "It's clearly a more dovish statement that reflects the way that inflation keeps...

  • GRAINS-Wheat falls for first time in five sessions Wednesday, 27 Jan 2016 | 1:59 PM ET

    CHICAGO, Jan 27- Chicago Board of Trade wheat fell nearly 2 percent on Wednesday on fund-driven technical selling and a proposal by Russia's farm ministry to cut a wheat export tax, which tempered speculation about export restrictions. Corn was little changed while soybean futures climbed as traders weighed weather concerns in South America and southern...

  • LONDON, Jan 27- The dollar struggled to gain traction on Wednesday as investors awaited the outcome of a Federal Reserve meeting for clues on whether bets on a single U.S. interest rate rise in 2016 are justified. With investors largely in wait-and-see mode before the Fed, Australia's dollar was the biggest mover, hitting a three-week high after a measure of...

  • *Russia proposal to cut wheat tax cools talk of export curbs. PARIS/ SYDNEY, Jan 27- U.S. wheat edged lower on Wednesday to come off a one-month high as a renewed slide in oil and equities hurt overall markets sentiment, and a proposal by Russia's farm ministry to cut a wheat export tax tempered speculation about export restrictions. Corn and soybeans were little...

  • LONDON, Jan 27- The dollar struggled to gain traction on Wednesday, with investors awaiting the outcome of a Federal Reserve meeting for clues whether bets on a single U.S. interest rate rise in 2016 are justified. Australia's dollar meanwhile hit a three-week high after one measure of domestic inflation came in slightly higher than expected, and as less jittery...

  • *China stocks losses deepen after Tuesday's 6 pct rout. HONG KONG, Jan 27- Asian stocks held near the day's lows on Wednesday as a relapse in oil prices and fresh drops in Chinese stocks made sentiment even more fragile before a U.S. Spreadbetters are expecting Britain's FTSE and France's CAC 40 to to open flat to slightly higher and Germany's DAX to open broadly...