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  • WASHINGTON, Feb 9- President Barack Obama will deliver a tough message to China during a summit with Southeast Asian countries next week that disputes in the South China Sea must be resolved peacefully and not with a big nation "bullying" smaller neighbors, the White House said on Tuesday. Though China will not be represented, Obama's aides made clear that...

  • *Toyota to end Scion brand, re-badge as Toyota cars. *Partly victim of millennials changing car buying habits. TOKYO, Feb 10- When Toyota Motor looked to the future at the turn of the millennium and aimed its new, edgy Scion small-car brand at twenty-somethings, it could not have guessed that the model would be dead after just 12 years.

  • BRUSSELS, Feb 9- European finance ministers will call on the Group of 20 biggest world economies at the end of February to boost global economic growth at a time when an slowdown in China is sending shivers through financial markets. G20 finance ministers will meet at the end of February in Shanghai in China, which holds the rotating presidency of the group, too...

  • UNITED NATIONS, Feb 9- A U.N.-blacklisted North Korean shipping company continues to evade sanctions through its use of foreign-flagged ships, name changes and other means of obfuscation, according to a new report by United Nations monitors. The U.N. Security Council's Panel of Experts on North Korea, which monitors implementation of sanctions on Pyongyang,...

  • Operations at U.S. Steel

    Metals prices may have outperformed oil over the past 20 months, but that's unlikely to continue, with metals set to keep dropping, Goldman Sachs said.

  • *Most of Asia still shut for Lunar New Year holidays. SYDNEY, Feb 9- The yen held at its highest in over a year against the dollar early on Tuesday, having soared broadly as a selloff in European and U.S. stocks stoked demand for the safe-haven currency. Against the greenback, the euro flirted with $1.1200 after bouncing off Monday's low around $1.1086.

  • NEW YORK, Feb 8- U.S. commodity trader Gerald Group said on Monday it will sell a stake in a subsidiary to a Chinese copper explorer and producer to boost its balance sheet, the latest sign that plunging metals prices are shaking up the global metals landscape. The size of the stake was not disclosed, but Pengxin International Mining Co Ltd will inject equity into...

  • Commodities tomorrow: Crude oil pressures Monday, 8 Feb 2016 | 4:00 PM ET
    Commodities tomorrow:

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.

  • Forget China? India reports higher GDP Monday, 8 Feb 2016 | 12:57 PM ET
    A porter transports metal pipes on a wooden handcart as people wait to cross a street in Mumbai, India, February 8, 2016. The Indian government on Monday forecast annual economic growth to accelerate to 7.6 percent in the fiscal year ending in March 2016 after Asia's third-largest economy grew 7.3 percent in the quarter to end-December.

    India, the world's third largest economy, said it expanded by 7.3 percent in the last quarter vs. 6.8 percent for China.

  • *Dollar falls to lowest vs yen since November 2014. NEW YORK, Feb 8- The dollar fell to a 15- month low against the yen on Monday as a renewed slide in oil prices and doubts about the effectiveness of the Bank of Japan's negative interest-rate policy drove investors back into the safe-haven currency. "A bit of it is positioning," said Charles St-Arnaud, senior...

  • *Banks help drive Europe shares to 16- month low. Some U.S. bank shares traded sharply lower in Frankfurt. "The fundamental picture is clearly softening," said Owen Callan, senior analyst at Cantor Fitzgerald.

  • LONDON, Feb 8- Another day, another landmark low for the nickel price. London Metal Exchange three-month nickel traded down to $7,900 per tonne on Monday morning. "Not an inconceivable prospect by any means," according to one analyst, Leon Westgate of ICBC Standard Bank..

  • FOREX-Yen gains as banking worries hit euro, stocks Monday, 8 Feb 2016 | 8:06 AM ET

    LONDON, Feb 8- The yen surged by half a percent against the dollar on Monday as worry over Europe's banks drove capital to the safety of the Japanese currency. It fell 0.4 percent against the dollar, to $1.1121. "The strong yen stands out," said Stephen Gallo, a strategist with BMO in London.

  • LONDON, Feb 8- Members of troubled European industries including steel and aluminium will descend on Brussels in their thousands next Monday to protest against proposed measures to give China greater access to EU markets, and call for action on subsidised Chinese imports. Industrial sector representatives fear millions more jobs will be at risk if Brussels...

  • LONDON, Feb 8- European shares plunged to 16- month lows on Monday, extending a aggressive sell-off, while bond yields and oil also fell as investors shed risky assets on persistent concern over the pace of global growth. Data over the weekend showing China's foreign reserves fell for a third straight month in January, as dollars were dumped to defend the yuan and...

  • FOREX-Dollar back on defensive as stocks head lower Monday, 8 Feb 2016 | 5:03 AM ET

    LONDON, Feb 8- The dollar turned lower against the euro in Europe on Monday as stock markets resumed their decline, wiping out gains based on Friday's U.S. jobs report. "Ultimately the dollar is still likely to trade on a weaker footing," said Lee Hardman, a currency economist with Bank of Tokyo-Mitsubishi-UFJ in London. The Aussie dollar was up 0.5 percent against its...

  • The impact of the weaker Chinese yuan Monday, 8 Feb 2016 | 2:08 AM ET
    The impact of the weaker Chinese yuan

    Dan Veru, executive vice-president and chief investment officer at Palisade Capital, says China is using the weaker yuan to finance acquisitions abroad.

  • *Lunar New Year closes most markets, with China off all week. TOKYO, Feb 8- Asian shares pared losses on Monday as a weaker yen helped Japan's Nikkei snap a four-day losing streak, but trade was thin with many regional markets closed for the Lunar New Year holiday. Financial spreadbetters predicted Britain's FTSE 100 to open around 0.6 percent higher, and Germany's...

  • *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.

  • GLOBAL MARKETS-Asia slumps in holiday-thinned trade Sunday, 7 Feb 2016 | 7:21 PM ET

    *Lunar New Year closes most markets, with China off all week. 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. With Singapore, Hong Kong and mainland China all closed for the new year holiday, "volumes will be well...