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  • DIARY -Top Economic Events to Nov 3 Tuesday, 21 Oct 2014 | 8:01 PM ET

    WASHINGTON- Federal Reserve Board holds open meeting to discuss a final rulemaking requiring sponsors of securitization transactions to retain risk in those transactions- 1930 GMT. LONDON- Bank of England publishes minutes of latest Monetary Policy Committee meeting. OTTAWA- Bank of Canada Governor Stephen Poloz and Senior Deputy Governor Carolyn...

  • WASHINGTON, Oct 21- The United States has floated excluding tobacco products from a key section of a 12- nation Pacific trade deal and signaled it may present a formal proposal to trading partners at talks in Australia, sources briefed on the negotiations said. Marlboro maker Philip Morris International is challenging Australia's plain packaging laws, which...

  • *DDC to expand into Ethiopia, Kenya, South Sudan and Somalia. Djibouti Data Center, set up by a group of local and international investors 18 months ago, is the first data centre and Internet exchange in east Africa connected to eight fibre optic cables that are part of the main Internet route from Europe to Asia. The Internet route travels through the Mediterranean,...

  • *China Q3 economic growth slows to 7.3 pct from 7.5 pct in Q2. LONDON, Oct 21- Nickel hit a seven month low and zinc slid to the weakest in nearly four months on Tuesday, weighed down by excess supply and doubts about whether China will unleash more stimulus measures after economic growth was slightly better than expected. "The data looks in line with our central case,...

  • Cost of making 'Hobbit' movies up to $745 million Tuesday, 21 Oct 2014 | 12:49 AM ET

    Financial documents filed this month in New Zealand, where the three movies are being made, show production costs through March had reached 934 million New Zealand dollars. Warner Bros., which is making the movies, on Tuesday declined to answer questions about the costs: "We don't comment on production budgets," wrote Candice McDonough, a senior vice president at...

  • SYDNEY, Oct 21- London copper edged up on Tuesday as hopes grew of more stimulus measures from China after the top consumer of the metal reported a slowing of third-quarter economic growth to its weakest since the 2008/ 09 global financial crisis. "The data looks in line with our central case, which is continued moderation in China's growth outlook, but still on an...

  • Cost of making 'Hobbit' movies up to $745 million Monday, 20 Oct 2014 | 11:16 PM ET

    WELLINGTON, New Zealand— The movie trilogy "The Hobbit" has so far cost nearly three-quarters of a billion dollars to make as the epic continues to set new benchmarks for studio spending. Financial documents filed this month in New Zealand, where the films are being made, show production costs through March had reached 934 million New Zealand dollars.

  • *China growth slows, but economy grew slightly more than expected. It also shows that we don't need to be that concerned about the depth of slow down in China, "said Dariusz Kowalczyk at Credit Agricole Corporate and Investment Bank in Hong Kong. MSCI's broadest index of Asia-Pacific shares outside Japan rose about 0.3 percent in morning trade following the...

  • New Zealand government agenda: surplus, flag vote Monday, 20 Oct 2014 | 8:41 PM ET

    Prime Minister John Key, whose National Party won a decisive election victory last month that saw it return to power for a third consecutive term, outlined his plans at the ceremonial opening of the nation's 51st Parliament. In accordance with New Zealand parliamentary tradition, Key's opening speech was delivered by the governor general, Sir Jerry Mateparae.

  • "Market action will largely depend on the release of key economic numbers in China," Michael McCarthy, chief market strategist at CMC Markets in Sydney, said in a note. MSCI's broadest index of Asia-Pacific shares outside Japan was flat in early trade, while Japan's Nikkei stock average drooped about 0.2 percent. Wall Street marked gains overnight despite a...

  • METALS-Copper slips as Chinese growth, supply weighs Monday, 20 Oct 2014 | 6:46 AM ET

    *Copper unable to build on Friday's higher finish. SYDNEY/ LONDON, Oct 20- Copper stayed relatively weak on Monday, struggling to make headway after sliding to six month lows in the previous session, with uncertainty over China's economic growth and a firmer dollar against its main currency rivals. Analysts said that while uncertainty over growth in...

  • *Copper unable to build on Friday's higher finish. SYDNEY, Oct 20- London copper futures fell on Monday after hitting their lowest levels in six months in the previous session, hurt by worries over rising stocks, China's economic growth and the impending end of U.S. monetary stimulus. "Copper is looking weak from a supply and demand perspective," said a metals trader...

  • SYDNEY, Oct 20- Australia's government is looking at investing in nearly 30 irrigation schemes and reigniting a long-stalled program of dam building to combat growing water shortages constraining agricultural production. Australia has previously floated ambitious plans to use dams and irrigation to develop marginal land in the outback, but financial...

  • Australia has previously floated ambitious plans to use dams and irrigation to develop marginal land in the outback, but financial and environmental constraints meant it has not built a major new dam in decades. Australia is considering some level of investment in 28 potential projects, with six irrigation projects in Tasmania and Victoria seen as the most...

  • *Saudi Arabia, Kuwait stop production at Khafji oilfield. *Uncertainty over who controls Libya's oil. SINGAPORE, Oct 20- Brent crude edged higher on Monday, holding on to gains scored in the previous session that took it above $86 a barrel after robust U.S. data buoyed global financial markets, with a cut in Saudi- Kuwait oil output providing further support.

  • *Saudi Arabia, Kuwait stop production at Khafji oilfield. *Uncertainty over who controls Libya's oil. SINGAPORE, Oct 20- Brent crude futures edged higher on Monday, holding on to gains scored in the previous session that took it above $86 a barrel after robust U.S. data buoyed global financial markets, with a cut in Saudi- Kuwait oil output providing further support.

  • *Copper unable to build on higher finish on Friday. Copper has some of the weakest fundamentals among base metals as a wave of fresh supply works its way into the market. "Copper is looking weak from a supply and demand perspective," said a metals trader in Sydney.

  • DIARY- Top Economic Events to Oct 31 Friday, 17 Oct 2014 | 8:01 PM ET

    BOSTON- Federal Reserve Bank of Boston President Eric Rosengren speaks before the "Inequality of Economic Opportunity in the United States" conference in Boston- 1230 GMT. LONDON- Bank of England Deputy Governor Jon Cunliffe and ECB Vice President Vitor Constancio discuss bank regulation- 1045 GMT. WASHINGTON- Federal Reserve Board Governor Jerome Powell...

  • LONDON, Oct 17- The yen edged down on Friday as comments from a Federal Reserve policymaker helped revive some appetite for risk, with investors focused on a speech later by Fed chief Janet Yellen. Comments from James Bullard, head of the St. Louis Federal Reserve Bank, had already helped settle markets late on Thursday. "Judging from the equity markets today, and the...

  • *China Q3 GDP figures next week to be closely watched. LONDON, Oct 17- Copper hit fresh six-month lows on Friday on concern about a surge of mine supply swamping the market and lingering jitters over global growth. Copper is widely regarded as having some of the weakest fundamentals among base metals as a wave of fresh supply from new and expanded mines works its way...