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  • Oct 5- Clothing retailer Wet Seal Inc replaced four of its board members with Clinton Group nominees, ending months of attempts by the activist investor to take control of the board. Under the new team, Wet Seal has been trying to return to a fast-fashion model by maintaining light inventories to respond faster to new styles and trends.

  • MUMBAI, Oct 5- Indian banks' loans rose 16.4 percent in the two weeks to Sept. 21, compared with a 19.5 percent increase in the same period year ago, while deposits grew 13.7 percent versus 17.5 percent a year earlier, the Reserve Bank of India's weekly statistical supplement showed on Friday.

  • MARKET PULSE- Zynga, Facebook Friday, 5 Oct 2012 | 7:37 AM ET

    U.S. stock index futures pointed to a mixed open on Wall Street, with futures for the S&P 500 slipping by 0.1 percent, while the Dow Jones and Nasdaq 100 futures contracts rose around 0.1 percent. **ZYNGA INC, Thursday close $2.81, down 19.2 pct premarket.

  • MUMBAI, Oct 5- India's foreign exchange reserves. rose to $294.81 billion as of Sept. 28 from $293.97 billion in the previous week, the central bank said in its weekly statistical supplement on Friday. Foreign exchange reserves include India's Reserve Tranche position in the International Monetary Fund.

  • Oct 5- Struggling clothing retailer Wet Seal Inc. Clinton, which holds about 7 percent of the company, has argued that Wet Seal's management has made several mistakes in running the company, resulting in poor performance over the last five years. Shares of the Foothill Ranch, California based company closed at $3.14 on the Nasdaq on Thursday.

  • MUMBAI, Oct 5- Indian banks would reduce their interest rates if the Reserve Bank of India cuts its key lending rate at its mid-term policy review on Oct. 30, the chief of an Indian banks' body assured the central bank governor on Friday.

  • *Gold hits highest since Nov 2011; just shy of $1,800* Coming up: U.S. non-farm payrolls, Sept; 1230 GMT By Clare Hutchison.

  • Asia Fuel Oil-Oct/Nov plunges to over six-month low Friday, 5 Oct 2012 | 7:08 AM ET

    Cash differential for the 180- centistoke grade fuel oil flipped into negative territory for the first time in nearly six months, being valued at a discount of 50 cents to Singapore spot quotes, according to Reuters assessment. The refiner bought the parcal from Bakri at a premium of $67.00- $68.00 a tonne to Singapore spot quotes.

  • MOVES-JPMorgan, Alliance Trust, Berenberg Bank Friday, 5 Oct 2012 | 6:57 AM ET

    JPMorgan's head of corporate and regulatory affairs, Barry Zubrow, is expected to give up his job, the Wall Street Journal reported. The Hong Kong- based fund Segantii Capital has hired Ambrose Meau, former head of trading at hedge fund Isometric Investment. The unit of Alliance Trust Plc appointed Patrick Mill as managing director with immediate effect.

  • NEW DELHI, Oct 5- India's aviation regulator is seeking legal opinion on cancelling the license of beleaguered carrier Kingfisher Airlines, which has grounded its fleet since Monday, the civil aviation minister, Ajit Singh, said on Friday.

  • HONG KONG, Oct 5- Asian credit spreads moved in further on Friday boosted by inflows into riskier assets and as sentiment remained upbeat ahead of the crucial US jobs data. The iTraxx Asia ex- Japan investment grade index series 18 tightened by 1-2 bp to 128/ 131 bp after the European Central Bank provided further assurance about its bond buying programme.

  • MUMBAI, Oct 5- Indian shares fell on Friday, snapping a four-day rise, as profit-taking hit recent outperformers such as ICICI Bank, while investor sentiment was also hit after dozens of erroneous orders triggered a brief halt in the NSE index.

  • *Mumbai staff hold protest march over unpaid salaries. By Tony Munroe and Anurag Kotoky MUMBAI/ NEW DELHI, Oct 5- Kingfisher Airlines Ltd. said Krishna Kumar, a 35- year-old engineer in Mumbai who joined Kingfisher six years ago.

  • *Mumbai staff hold protest march over unpaid salaries. By Tony Munroe and Anurag Kotoky MUMBAI/ NEW DELHI, Oct 5- Kingfisher Airlines Ltd. said Krishna Kumar, a 35- year-old engineer in Mumbai who joined Kingfisher six years ago.

  • India's main BSE index down 0.75 percent at 18,914.30, while the 50- share NSE index fell 0.84 percent to 5,738.70 in volatile trade on profit booking. India's largest stock exchange was brought to a brief halt on Friday after a local financial firm placed dozens of erroneous orders worth more than $125 million, triggering a sharp fall on the Nifty stock index.

  • U.S. stock index futures indicate mixed open Friday, 5 Oct 2012 | 4:32 AM ET

    LONDON, Oct 5-* U.S. stock index futures pointed to a mixed open on Wall Street on Friday, with futures for the S&P 500 slipping by 0.1 percent, while the Dow Jones and Nasdaq 100 futures contracts rose around 0.1 percent.

  • MUMBAI, Oct 5- India's largest stock exchange was brought to a brief halt on Friday after a local financial firm placed dozens of erroneous orders worth more than $125 million, triggering a sharp fall on the Nifty stock index.

  • BANGALORE, Oct 5- Euro zone inflationary pressures stayed weak in August despite increasing a tad from the previous month, suggesting inflation could continue to fall, according to an indicator designed to predict cyclical trends. Thus, euro zone inflation pressures are still quite weak, " Lakshman Achuthan, ECRI's chief operating officer said.

  • MUMBAI, Oct 5- India's National Stock Exchange. said Emkay Global Financial Services has "smoothly" closed out all of the positions arising from its erroneous orders that triggered a brief halt on the exchange.

  • MUMBAI, Oct 5- India's largest stock exchange was brought to a brief halt on Friday after a local financial firm placed more than five dozen erroneous orders worth more than $125 million, triggering a sharp fall on the Nifty stock index.