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Australia & New Zealand

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  • LONDON, Aug 25- European stocks rallied and the euro fell to a near one-year trough against the dollar on Monday as investors saw rising chances of further policy easing by the European Central Bank. ECB President Mario Draghi said late on Friday that the bank was prepared to respond with all its available tools should inflation in the euro zone drop further.

  • LONDON, Aug 25- The euro fell to a near one-year low against the dollar and euro zone stocks and bonds rallied on Monday as investors positioned for rising chances of further policy easing by the European Central Bank.

  • *Copper to fall to $6,500/ T by year-end as supply improves-SocGen. SYDNEY, Aug 25- Shanghai copper hit its highest in around seven weeks on Monday, underpinned by steady consumer demand and after London prices logged the biggest weekly rise in 11 months last week. "We're bearish copper," said Mark Keenan, analyst at Societe Generale in Singapore.

  • Aug 25- CME Group delayed the start of trade on its electronic platform by four hours on Monday due to technical problems, the latest glitch to hit the world's largest futures market operator.

  • DIARY - Top economic Events to Sep 5 Friday, 22 Aug 2014 | 8:01 PM ET

    JACKSON HOLE, United States- Bank of England Deputy Governor Ben Broadbent, Bank of Japan Governor Haruhiko Kuroda and Central Bank of Brazil Governor Alexandre Antonio Tombini take part in a panel discussion on "Labor markets and monetary policy" at Kansas Fed's annual Jackson Hole symposium.

  • LONDON, Aug 22- Copper hit its highest in a fortnight on Friday and was on track for its biggest weekly rise since early July as brightening U.S. economic prospects and the prospect of extended low interest rates eclipsed concerns over China and Europe.

  • LONDON, Aug 22- London copper hit its highest price in a fortnight on Friday and was on track for its biggest weekly rise since early July as brightening U.S. economic prospects eclipsed concerns over China and Europe.

  • SINGAPORE, Aug 22- Asian feed grain importers expect an influx of cheap feed wheat from Ukraine and France as heavy rain in Europe damages the quality of crops, leaving them fit for only animal consumption.

  • LONDON, Aug 21- Copper, aluminum and other base metals fell on Thursday after downbeat data on business activity in China and Europe, but investors were cautious about selling just a day after some were forced to bail out of short positions.

  • *Libya restarts oil exports from biggest port. "This is a figure which indicates that growth is likely to be reasonably moderate and any upside to current expectations about China will be possibly muted," said Ric Spooner, chief analyst at CMC Markets in Sydney.

  • *Libya restarts oil exports from biggest port. "This is a figure which indicates that growth is likely to be reasonably moderate and any upside to current expectations about China will be possibly muted," said Ric Spooner, chief analyst at CMC Markets in Sydney.

  • DIARY - Top economic Events to Sep 3 Wednesday, 20 Aug 2014 | 8:01 PM ET

    GUELPH- Canadian Finance Minister Joe Oliver will speak to reporters before a business roundtable in Guelph, Ontario- 1800 GMT. WYOMING, United States- European Central Bank President Mario Draghi to speak on "Reevaluating Labor Market Dynamics" in Jackson Hole, Wyoming- 1830 GMT. STOCKHOLM- Meeting of the General Council of the Riksbank.

  • *KKR& Co and TPG Capital in rival $3.1 bln takeover bids. SYDNEY, Aug 21- Australia's Treasury Wine Estates Ltd, the world's No. 2 winemaker, swung to its first annual net loss and missed analysts' forecasts as the takeover target grappled with massive oversupply in its U.S. arm and sales fell globally.

  • *G20 source says industry over-reacted to first plans. *Sector expects revised plans from G20 later in year. LONDON, Aug 20- Fund managers may face tougher scrutiny by global regulators than planned after their intense lobbying against a first proposal backfired, industry sources and G20 officials said.

  • LONDON, Aug 20- Brent crude oil edged higher towards $102 a barrel on Wednesday, after slumping to a 14- month low in the previous session, as growing output from Iraq and Libya despite violence in those countries has kept the market well supplied.

  • Clyde Russell is a Reuters columnist. BHP said its productivity-led volume and cost efficiencies were $2.9 billion in the year to end June 2014, beating its target by $1.1 billion. Given the company's net income for the period was $13.4 billion, the $2.9 billion in savings represents about 22 percent of the profit, which certainly looks impressive.

  • SINGAPORE, Aug 20- Brent crude futures steadied near 14- month lows above $101 a barrel on Wednesday, with ample supplies putting prices at risk of further losses as worries over geopolitical tensions ease.

  • Brent holds near 14-month low on plentiful supply Tuesday, 19 Aug 2014 | 11:32 PM ET

    SINGAPORE, Aug 20- Brent crude futures steadied near 14- month lows above $101 a barrel on Wednesday, with ample supplies putting prices at risk of further losses as worries over geopolitical tensions ease.

  • SYDNEY, Aug 20- AGL Energy Ltd, Australia's No. 2 gas and electricity retailer by sales, on Wednesday booked a 3.9 percent fall in underlying annual net profit as it experienced a warmer-than- expected winter and demand for energy fell.

  • *Capital Economics sees copper falling to $6,500 by year end. "The upward move is likely being helped by tightness in the nearby spreads in aluminium, helping to deter fresh shorts and triggering some short-covering activity," analyst Leon Westgate at Standard Bank said in a note. Copper prices, however, dipped on concerns over the potential for excess supply.