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  • BEIJING, Oct 22- China's central bank is likely hold its line against an interest rate cut even as growth slows to a quarter-century trough, as the politics of reform influence the conduct of monetary policy, government sources involved in internal policy discussions say. The People's Bank of China faces growing pressure to cut interest rates to support growth,...

  • SINGAPORE/ SHANGHAI, Oct 22- The Shanghai Gold Exchange is working on plans for China's first forwards and options in gold, sources say, potentially putting China ahead in the race to set an Asian pricing benchmark that might eventually rival the London gold fix. China, which overtook India last year to become the world's biggest consumer of gold, bans trading in...

  • *China Q3 growth slowest since 2009 but less weak vs forecast. NEW YORK, Oct 21- U.S. Treasuries prices fell on Tuesday as less worrisome data on China and a report on the European Central Bank possibly moving to buy regional corporate bonds allayed some concerns about the global economy and reduced safe-haven bids for low-risk government debt.

  • BOSTON/ BEIJING, Oct 21- Apple Inc's iCloud storage service in China was attacked by hackers trying to steal user credentials, a Chinese web monitoring group said, adding that it believes the Beijing government is behind the campaign. An Apple representative declined comment on the allegations that Beijing was trying to spy on Apple customers, but noted that the...

  • *China Q3 growth slowest since 2009 but less weak vs forecast. Treasuries prices fell on Tuesday as less worrisome data on China and a report on the European Central Bank possibly moving to buy regional corporate bonds allayed some concerns about the global economy and reduced safe-haven bids for low-risk government debt. The ECB story catapulted us down from...

  • *European shares surge on report ECB to buy corporate bonds Wall Street to start up, earnings from Coca Cola, McDonalds due. LONDON, Oct 21- European shares got a major lift while the euro and the region's bond yields fell on Tuesday after European Central Bank insiders told Reuters the bank was readying a plan to buy corporate bonds. Traders had already been giving a...

  • *Thailand is world's biggest exporter, producer of rubber. BANGKOK, Oct 17- Thailand's government has announced a series of measures to support rubber farmers reeling from a slump in global prices to five-year lows, helping push up futures in Tokyo and Shanghai by almost 5 percent at one stage on Friday. The steps announced late on Thursday include nearly $1...

  • SHANGHAI, Oct 21- A draft document circulated by China's Ministry of Finance on local government debt proposes letting them issue bonds to replace borrowings taken through opaque financing vehicles, according to people who have seen the draft. This lending was originally encouraged by Beijing to stimulate the economy and offset the impact of the 2008/ 2009...

  • SHANGHAI, Oct 21- China's Ministry of Finance has circulated a draft document on how it might let local governments raise funds for projects under way, including allowing them to issue bonds to replace outstanding debt, people knowledgeable about the document said. The draft comes after Beijing earlier this month cut access to the financing vehicles that...

  • *China growth slows, but economy grew slightly more than expected. LONDON, Oct 21- A two-day rebound in global shares slowed and the dollar edged lower on Tuesday, as slightly above forecast Chinese growth data failed to erase concerns that the world's second-biggest economy is losing momentum. The Australian dollar, often seen as a liquid proxy of Chinese growth...

  • Will Hong Kong talks resolve protests?     Tuesday, 21 Oct 2014 | 4:30 AM ET

    Peter Thal Larsen, Asia editor at Reuters Breakingviews, says it is "hard to see" how talks between students and officials in Hong Kong will resolve the protests.

  • BEIJING, Oct 21- China's daily crude steel runs rose 1.3 percent in September to the highest level in three months, data from the country's statistics agency showed, suggesting mills were still close to full capacity despite weak demand and a steep slump in prices. China produced 67.54 million tonnes of crude steel in September, down 2 percent from the previous...

  • TOKYO, Oct 21- The time is "ripe" for Japan and the United States to reach a breakthrough in talks for a Trans-Pacific Partnership trade pact, the U.S. commerce secretary said on Tuesday, adding that the two were "a lot closer" to a deal than in recent months. Penny Pritzker, who is in Japan with a trade mission of U.S. energy and medical companies, said both countries needed...

  • *Total's CEO a defender of Moscow policies. MOSCOW, Oct 21- The chief executive of French oil major Total, Christophe de Margerie, was killed when his private jet collided with a snow plow as it was taking off from Moscow's Vnukovo airport on Monday night. The collision occurred minutes before midnight Moscow time as de Margerie's Dassault Falcon jet was taking off...

  • *Total's CEO a defender of Moscow policies. MOSCOW, Oct 21- The chief executive of French oil major Total, Christophe de Margerie, was killed when his private jet collided with a snow plough as it was taking off from Moscow's Vnukovo airport on Monday night. The collision occurred minutes before midnight Moscow time as de Margerie's Dassault Falcon jet was taking...

  • SHANGHAI, Oct 21- China shares fell on Tuesday, with pharmaceutical and property sectors hit by profit-taking and weak economic data, but losses were capped by optimism the government will roll out more policies to support the slowing economy. Shenzhen Neptunus Bioengineering Co Ltd slumped 4.9 percent and Da An Gene Co Ltd 5.6 percent. China Merchants...

  • *China growth slows, but economy grew slightly more than expected. European shares might fare better at the open, with financial spreadbetters predicting Britain's FTSE 100 would open up 0.1 percent, while Germany's DAX and France's CAC 40 were each seen up 0.2 percent. It was also the weakest growth rate in nearly six years, putting at risk Beijing's official...

  • TOKYO, Oct 21- Japanese stocks fell on Tuesday, with the market latching on to comments from the welfare minister on the country's public pension fund as an excuse to take profits from outsized gains the previous day. The Nikkei share index lost 2.0 percent, closing at 14,804.28 and erasing half of its 4.0 percent gains on Monday, made on bets the Government Pension...

  • BEIJING, Oct 21- China grew at its slowest pace since the global financial crisis in the September quarter and risks missing its official target for the first time in 15 years, adding to concerns the world's second-largest economy is becoming a drag on global growth. China's gross domestic product grew 7.3 percent in the third quarter from a year earlier,...

  • SHANGHAI/ BEIJING, Oct 21- Chinese automakers from state-owned FAW Co to Zhejiang Geely are racing to sell more eco-friendly cars as they try to meet tough fuel economy rules due next year as part of Beijing's battle against pollution. But many of China's smaller indigenous automakers will struggle to make the costly upgrades needed to meet the new rules, which...