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  • *Oil fell to four-year low of $72 on Thursday. SINGAPORE, Nov 28- Airlines in Asia-Pacific are holding off from hedging their fuel costs as they wait for oil to dip below $70 a barrel in hopes of securing lower prices, industry executives said on Friday. The benchmark Brent crude oil price fell more than $6 to under $72 a barrel on Thursday, its lowest since July 2010,...

  • LONDON, Nov 28- The dollar strengthened on Friday after OPEC decided not to cut oil output, slamming commodity currencies like the Norwegian crown, which fell to five-year lows against the greenback and euro. That is deep in the European Central Bank's "danger zone" for inflation of below 1 percent and even further away from its target of just under 2 percent.

  • TOKYO, Nov 28- The Bank of Japan said on Friday it will scale back buying of short-term Japanese government bonds at its first debt purchasing operation in December as a supply shortage resulting from its monetary expansion drive takes hold. The BOJ said it will buy 450 billion yen of one-year to three-year JGBs at its first operation in December, down from the 550...

  • *Most Asian shares skid, but Japan, China buck downtrend. TOKYO, Nov 28- Oil prices seized the Asian spotlight on Friday, as related shares and currencies plunged in the wake of OPEC's decision to refrain from cutting output despite a supply glut. With U.S. markets shut on Thursday for the Thanksgiving holiday, investors focused on the Organization of Petroleum...

  • Oil plunge a panacea for much of world economy Friday, 28 Nov 2014 | 1:56 AM ET

    The latest slide follows OPEC's decision to leave its production target at 30 million barrels a day. U.S. crude oil slid 7.9 percent to $67.94 a barrel on Friday and is down 37 percent since hitting $107 in June. Tom Kloza, chief oil analyst at the Oil Price Information Service, expects the price to fall by another $5 or $10 a barrel before stopping.

  • Japanese paper regrets use of term 'sex slaves' Friday, 28 Nov 2014 | 12:50 AM ET

    TOKYO— Japan's biggest newspaper apologized in print Friday for using the term "sex slaves" in its English-language edition to describe Asian women forced into Japanese military-run brothels during World War II. Abe, who took office in December 2012, hoped to revise Kono's 1993 apology but later promised not to do so following protests from South Korea and...

  • TOKYO, Nov 28- Japan's annual core consumer inflation slowed for a third straight month in October due to falling oil prices, highlighting the economic gloom facing Premier Shinzo Abe as he campaigns for a new mandate to implement his stalled recovery plan. "Inflation could continue to slow because oil prices are falling," said Hidenobu Tokuda, senior economist...

  • *Longer-dated maturities capped by bounce in Tokyo shares. TOKYO, Nov 28- Yields on Japanese two-year government bonds fell below zero for the first time on Friday as the central bank continued to struggle to reflate the economy, while most other issues were steady, with gains in Tokyo stocks capping longer-dated maturities. Japan's three-month to one-year...

  • TOKYO, Nov 28- Oil prices, oil-related shares and oil-linked currencies all tumbled in Asia on Friday, in the wake of OPEC's decision to refrain from cutting output despite a huge oversupply. U.S. markets were closed on Thursday for the Thanksgiving holiday, leaving the spotlight on the Organization of Petroleum Exporting Countries' meeting in Vienna where...

  • Japan inflation eases, other data mixed in October Thursday, 27 Nov 2014 | 8:14 PM ET

    TOKYO— Japan's inflation rate edged lower in October, highlighting the difficulty Prime Minister Shinzo Abe faces in his campaign to overcome deflation in the world's third-largest economy. Japan slipped back into recession in the last quarter, prompting Abe to put off plans for another tax hike next year, just weeks after Japan's central bank expanded its...

  • TOKYO/ SINGAPORE, Nov 28- U.S. crude futures tumbled nearly $6 on Friday to the lowest since May 2010 after OPEC decided against cutting output, leaving the market with excess supply that deepened oil's months-long rout. Saudi Arabia blocked calls on Thursday from poorer members of the Organization of the Petroleum Exporting Countries for production cuts to...

  • *Weak data may hurt PM Abe ahead of Dec. 14 vote. TOKYO, Nov 28- Japan's annual core consumer inflation slowed for a third straight month in October due to falling oil prices, highlighting the economic gloom facing Premier Shinzo Abe as he campaigns for a new mandate to implement his stalled recovery plan. "Inflation could continue to slow because oil prices are...

  • Encouraged by Japan data: Fidelity     Thursday, 27 Nov 2014 | 6:31 PM ET

    Alex Treves, Head of Equities for Japan at Fidelity Worldwide Investment, explains his optimism despite Japanese October consumer inflation slowing to its lowest level in a year.

  • *Oil hits $70 a barrel as OPEC shuns cut. LONDON, Nov 27- Oil hit four-year lows around $70 a barrel on Thursday and commodity currencies were sent tumbling, as OPEC resisted the temptation to cut back production following the more than 30 percent plunge in prices since June. The meeting had lasted over five hours and as the decision emerged both Brent and U.S. crude...

  • *Norwegian crown hit as OPEC keeps oil output unchanged. LONDON, Nov 27- The euro fell against the dollar on Thursday after data showed German inflation sinking to its lowest since February 2010 in November, reinforcing bets the European Central Bank will ease monetary policy more aggressively. Oil-rich Norway's crown slid crown slid 1 percent to 8.6190 per...

  • LONDON, Nov 27- The euro fell against the dollar on Thursday as German inflation appeared to have softened more in November, reinforcing expectations that the European Central Bank will ease monetary policy more aggressively. Oil-rich Norway's crown hit a three-week low of 8.6350 per euro as OPEC looked unlikely to cut oil output despite a huge oversupply,...

  • *Oil prices near 4- year low as OPEC output cut hopes fade. LONDON, Nov 27- Fading hopes of a meaningful cut in production at Thursday's OPEC meeting sent oil prices tumbling to a four-year low as Thanksgiving in the United States saw world stocks touch the brakes on their recent rally. OPEC sources have told Reuters action is unlikely and Brent oil dropped by more...

  • 'The stage is set' for higher equities in Japan     Thursday, 27 Nov 2014 | 4:35 AM ET

    Central bank policies are a hot topic globally. Hans Goetti, head of Investment Asia at Banque Internationale à Luxembourg talks about the current state of China and Japan's economies.

  • LONDON, Nov 27- The euro fell against the dollar on Thursday after data showed Spanish consumer prices falling more than expected, firming up expectations that the European Central Bank will have to resort to more aggressive easing of monetary policy. The euro fell back under $1.25 to a day's low of $1.24675 after the figures showed Spanish consumer prices fell...

  • Oil isn't the best investment opportunity     Thursday, 27 Nov 2014 | 4:00 AM ET

    Investment opportunities could be better elsewhere. Ana Cukic Armstrong, CEO of Armstrong Investment Managers says the recent change in Japan's GPIF policy could have a huge influence on the market.