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  • METALS-Nickel bounces off near six-year low, tin slides Wednesday, 1 Apr 2015 | 8:24 AM ET

    *China official PMI edges up to 50.1 in March. *China bonded nickel premiums jump $15 on bargain hunting. LONDON, April 1- Nickel bounced off its lowest level in nearly six years on Wednesday as some investors betting on price falls locked in profits, but concerns about Chinese economic growth weighed on most base metals.

  • *China official PMI edges up to 50.1 in March. *China bonded nickel premiums jump $15 on bargain hunting. Three month nickel on the LME rebounded 1 percent to $12,515 a tonne by 1027 GMT after earlier hitting a near six-year lows of $12,310 and following a 3.8 percent slump on Tuesday.

  • SYDNEY, April 1- A half-decade after insulating Australia from the worst of the global financial crisis, the mining state of Western Australia is for the first time being forced to defer much-needed royalties as iron ore prices plummet. Western Australia- five times the size of Texas- counts on royalties from mining companies for tens of thousands of jobs and...

  • April 1- Companies struggled in China and much of the rest of Asia in March amid persistently weak domestic and global demand, suggesting that policymakers may have to resort to more stimulus to spur growth. The official Purchasing Managers' Index ticked up to 50.1 in March from 49.9 in February, but a separate private survey from HSBC which focuses on small and...

  • *China official PMI edges up to 50.1 in March. *China bonded nickel premiums jump $15 on bargain-hunting. MELBOURNE, April 1- London copper prices steadied on Wednesday after Chinese factory activity performed a fraction better than expected, while nickel plumbed new six-year lows as China nickel pig iron producers sold stocks to raise cash.

  • DIARY- Top Economic Events to April 15 Tuesday, 31 Mar 2015 | 8:01 PM ET

    STONE MOUNTAIN, United States- Federal Reserve Bank of San Francisco President John Williams moderates "Policy Session 3: Financial Stability: How Essential Should Financial Stability Be to Central Banks?" before the 2015 Financial Markets Conference hosted by the Federal Reserve Bank of Atlanta- 1230 GMT. STONE MOUNTAIN, United States- Federal Reserve Bank of...

  • By Rahul Karunakar and Hari Kishan. March 31- Uncertainty surrounding the timing of the U.S. Chinese and most European stocks have led the way with a stellar run, buoyed by stimulus from the People's Bank of China and the European Central Bank.

  • *Market seen in global surplus of about 65,000 T in 2015- Natixis. *Some players bet Indonesia will relax ore export ban- BNP Paribas. Though the market has concentrated heavily on the supply scenario, Nic Brown, head of commodities research at Natixis, said that demand is also a concern.

  • *Market seen in global surplus of around 65,000 T in 2015- Natixis. Nickel has almost halved in value since hitting two-year highs above $21,000 last May, as an expected supply crunch in China failed to materialise while LME stocks hit record highs. While the market has concentrated heavily on the supply scenario, Nic Brown, head of commodities research at...

  • CANBERRA, Australia— China is "creating a great wall of sand" through land reclamation in the South China Sea, causing serious concerns about its territorial intentions, the commander of the U.S. "But what's really drawing a lot of concern in the here and now is the unprecedented land reclamation currently being conducted by China," he said. China claims virtually...

  • LONDON, March 31- The euro remained on track for its biggest quarterly fall and European shares for their best first quarter of the euro era on Tuesday as worries about Greece's finances kept the single currency under pressure. It is up a whopping 16 percent since Jan. 1, with Germany's DAX up 23 percent and France's CAC 19 percent higher, compared to a more modest 5...

  • MELBOURNE, March 31- London nickel tumbled to near six-year lows on Tuesday on the back of momentum selling before cutting losses, but was set to end the month down nearly 10 percent, as record supply and weak stainless steel demand pummelled prices. Nickel prices have nearly halved since hitting two-year highs above $21,000 last May, as an expected supply crunch...

  • SINGAPORE, March 31- The dollar rose against a basket of currencies on Tuesday and was on track for its best quarter since 2008, bolstered by the diverging outlook for monetary policy in the United States compared to other major economies. That poses a stark contrast to policies in the euro zone and Japan, where central banks are engaged in quantitative easing to...

  • *China announces steps Monday to prop up sliding house prices. TOKYO, March 31- Asian stocks rose on Tuesday after a rally on Wall Street and steps by China to shore up its economy boosted risk appetite, while Greek debt worries again haunted the sagging euro. After unveiling details over the weekend for a modern " Silk Road" that could pump tens of billions of dollars...

  • LONDON, March 30- Nickel hit its lowest in nearly six years on Monday, as faltering demand for stainless steel and worries that a new tax in Malaysia might push metal into the market dented sentiment. In Malaysia, which stores almost half of the LME's nickel inventories at around 210,000 tonnes, a new government tax may force owners to sell metal rather than bear the...

  • SYDNEY, March 30- Australian Treasurer Joe Hockey hinted on Monday at changes that could force digital companies like Apple Inc, Google Inc, Alibaba Group Holding and Uber to pay more tax on transactions that take place in Australia. Up for discussion are a cut to Australia's corporate tax rate, a broadening of the goods and services that are included in the GST and...

  • LAUNCESTON, Australia, March 30- It's somewhat ironic that as Australia ramps up to being the world's biggest exporter of liquefied natural gas, domestic industries are under threat from not being able to source the fuel. A combination of new LNG plants, exploration moratoriums and a successful anti-gas campaign means that industry and residential users in...

  • MELBOURNE, March 30- London nickel slid to its weakest in nearly six years on Thursday, hit by faltering demand for stainless steel and worries that a new tax in Malaysia may push metal into the market. "A weak macroeconomic environment and demand data out of China in combination with worries about the Malaysian tax gave enough ammunition for the shorts to come in,"...

  • Australia signs up to negotiations on Chinese-led bank Saturday, 28 Mar 2015 | 6:51 PM ET

    CANBERRA, Australia— Australia announced on Sunday that it would join negotiations to establish a new a Chinese-led Asian regional bank that has emerged as a potential challenge to United States influence in a part of the world where the Obama administration has tried to forge stronger ties. The U.S. also worries the new bank will undercut the World Bank, where...

  • Chevron exits Caltex Australia stake for $3.7 bln Friday, 27 Mar 2015 | 10:35 PM ET

    PERTH, March 28- U.S. energy giant Chevron sold its entire stake in refiner Caltex Australia Ltd for A $4.7 billion in Asia's biggest block deal this year, as falling oil prices and high costs hurt margins. Offshore institutional investor demand for the 50 percent stake in Australia's biggest refiner was strong, with bidding driving the final price to A $35 a share,...