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*China economic data points to weakness, euro zone slows. LONDON, Aug 15- Copper held near its lowest level in more than seven weeks on Friday, as a downbeat outlook for the economy in top consumer China raised concerns about demand for industrial metals.
MELBOURNE, Aug 15- BHP Billiton declared its preference for a demerger of its unwanted aluminum, manganese and nickel assets on Friday, setting the stage for the formation of a separate company that one report said could be worth $14 billion.
SINGAPORE, Aug 15- Brent crude edged up on Friday, helped by weakness in the dollar, but it remained near a 13- month low below $103 a barrel as a shaky European economy fuelled concern about demand in a well-supplied oil market. Growth in Germany and France ground to a halt in the second quarter.
*Target long nickel, short copper, ratio of 3.5: 1- BNP Paribas. SYDNEY, Aug 15- London copper edged up in early trade on Friday but was not far off seven week lows, with a weakening in the European and Chinese economies spurring concerns over global growth and tarnishing the outlook for metals demand.
SINGAPORE, Aug 15- Brent crude edged up on Friday but still traded near a 13- month low below $103 a barrel as a shaky European economy fueled concern about demand in a well-supplied oil market.
PITTSBURGH— A Florida man was sentenced Thursday to five years in federal prison for his role in an overseas loan scam that cost 47 investors on four continents more than $3.9 million. Attorney Leo Dillon told the sentencing judge the case involved "an enormous worldwide fraud," with victims in the United States, Germany, Switzerland, Hong Kong, Japan and Australia.
LONDON, Aug 14- The euro recovered from near nine-month lows against the dollar on Thursday on relief that the euro zone as a whole did not shrink in the second quarter, despite a contraction in its biggest economy, Germany.
*Copper prices to fall to $6,600 in months ahead- Goldman. LONDON, Aug 14- Copper fell to its lowest level since late June on Thursday on concerns about demand for the industrial metal after data showing Europe's biggest economy shrank in the second quarter and the Chinese property sector cooled.
SYDNEY, Aug 14- More wealthy Chinese are moving their money out of China to invest in Australia's property market as a corruption crackdown in the world's second biggest economy gathers momentum, property consultants and lawyers said.
LONDON, Aug 14- The euro hovered near nine-month lows against the dollar on Thursday, hurt by dismal data from Germany and France that cast further doubt over the euro zone's recovery and adds to expectations of more stimulus from the European Central Bank.
MELBOURNE, Aug 14- India's Adani Mining has won state approval to build a rail line for its $15 billion Carmichael coal project in Australia, it said on Thursday, bringing it a step closer towards making a final decision on whether to go ahead with the massive scheme.
SYDNEY- RBA Payments Policy Department senior manager Jenny Hancock will participate in a panel discussion at the Risk Australia Conference, Sydney.
*Nickel prices could hit $25,000 by mid/late 2015- BNP Paribas. LONDON, Aug 13- Copper fell to a seven-week low on Wednesday, dragged down by disappointing data on top consumer China's property sector, which raised concerns about the outlook for the metal used in power and construction.
LONDON, Aug 13- Brent crude oil bounced off a 13- month low on Wednesday, paring early losses to trade near $103 a barrel as traders with one eye on potential supply disruptions in Iraq started buying. Brent for September delivery was down 7 cents at $102.95 a barrel by 1442 GMT. The Brent contract for October delivery was down 6 cents at $103.83 per barrel.
LONDON, Aug 13- Brent crude oil bounced off a 13- month low on Wednesday, reversing early losses to trade back above $103 a barrel as traders with one eye on potential supply disruptions in Iraq started buying.
*Nickel prices could hit $25,000 by mid/late 2015- BNP Paribas. LONDON, Aug 13- Copper fell to a seven-week low on Wednesday, dragged down by disappointing data on top consumer China's property sector which raised concerns about the outlook for the metal used in power and construction.
FRANKFURT- Germany's biggest utility E.ON posts a 12 percent drop in first-half core profit, hit by a weakening economy in Russia and says it is concerned about the impact of the Ukraine crisis on its most important foreign market.
*OPEC output rose to five-month high in July- IEA. LONDON, Aug 13- Brent crude oil fell for a fourth straight day on Wednesday to its lowest in more than a year, dipping towards $102 a barrel as strong supplies overshadowed fears of disruptions from violence in OPEC members Iraq and Libya.
SYDNEY, Aug 13- London copper fell to its weakest since June on Wednesday after a string of reports on China's economy suggested a softening property market was proving a drag on growth, adding to concerns of a slowdown in Europe sparked by the Ukraine crisis.
*Immediate concerns on data, not Iraq tensions. SINGAPORE, Aug 13- Brent crude slipped below $103 a barrel on Wednesday to trade at its lowest level in more than a year as ample supplies counter disruption risks posed by tensions in Iraq and Libya.