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BlackRock has bought private-equity real estate fund MGPA in a deal that boosts its presence in Asia and continental Europe.
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LONDON, Dec 17- The yen fell to its lowest in more than a year and a half against the dollar on Monday after a landslide election victory for Japan's Liberal Democratic Party, which is committed to aggressive monetary easing.
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*India gold importers eye rupee for price direction. LONDON, Dec 17- Gold prices dipped for a third session on Monday, easing in line with stock markets and the euro, as uncertainty over the outlook for U.S. budget talks and a weak chart picture kept potential buyers on the sidelines.
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LONDON, Dec 17- Copper was little changed on Monday, consolidating gains after a five-week winning streak, on uncertainty over the ability of the United States to avert a "fiscal cliff" that could slow growth and metals demand globally. Benchmark copper on the London Metals Exchange traded at $8,055.25 at 1021 GMT, little changed from $8,065 at the close on Friday.
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*Aggreko drops 16 pct, cautions on 2013 outlook. Temporary power provider Aggreko was the top faller after its latest update. Ultimately I think we will get a deal, but all the risk is on the downside, " Joe Rundle, head of trading at ETX Capital, said.
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LONDON, Dec 17- Oil edged below $108 a barrel on Monday as investors remained concerned over the progress of U.S. budget deficit reduction talks, countering support from signs of a brighter economic outlook in China. Brent crude for February was down 42 cents at $107.76 a barrel by 0926 GMT, having earlier risen as high as $108.50.
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LONDON, Dec 17- The yen fell to its lowest in more than a year and a half versus the dollar on Monday after a landslide election victory for Japan's Liberal Democratic Party, which is committed to aggressive monetary easing.
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*Brent crude above $108 on brighter outlook for China. LONDON, Dec 17- A win by Japan's conservative Liberal Democratic Party lifted the dollar to a 20- month high against the yen on Monday while European shares edged lower, weighed down by U.S. budget uncertainty.
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LONDON, Dec 17- European shares traded flat on Monday and were expected to remain trapped in a tight range but vulnerable to sharp moves given uncertainty surrounding U.S. budget talks, with Aggreko a top faller after its latest update.
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SINGAPORE, Dec 17- London copper edged up on Monday, after a five-week winning streak, on signs of reviving growth in top consumer China and tentative progress in U.S. " I don't think there are many people expecting the negotiations to blow up, "said metals analyst Ivan Szpakowski at Credit Suisse in Singapore."
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LONDON, Dec 14- Equating economic uncertainty with financial market volatility this year would have been a dangerous game. The VIX, or "fear index" of implied one-month volatility for Wall Street equities, for many the global benchmark, has been below 20 percent for nearly six months.
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*Bank of England wants UK banks to justify their approaches. LONDON, Dec 17- European banks are under pressure to standardise how they measure their riskiness as investors grow increasingly wary of the kaleidoscope of methods used.
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*MSCI Asia ex- Japan eases 0.5 pct, Nikkei gains 0.9 pct. TOKYO, Dec 17- The Liberal Democratic Party of. MSCI's broadest index of Asia-Pacific shares outside Japan dropped 0.5 percent, snapping an eight day winning streak.
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Spreadbetters expect London's FTSE 100 to open around 4 points higher, or up 0.1 percent, Frankfurt's DAX to open around 28 points higher, or up 0.4 percent, and Paris' CAC 40 to open around 2 points higher, or up 0.1 percent.
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NEW YORK, Dec 17- Oil prices were mixed in choppy trading on Monday, with Wall Street equities and U.S. crude futures receiving support from optimism that a budget deal might be reached in time to avert looming mandated U.S. spending cuts and tax hikes. Republican House Speaker John Boehner edged slightly closer to U.S.
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SINGAPORE, Dec 17- London copper was steady on Monday, consolidating from a five-week winning streak on signs of reviving growth momentum in top consumer China, while tentative progress on the U.S. " Copper prices have staged a year-end rally, climbing 6 percent from mid-November, supported by a boost in buying from investors in the United States.
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UBS AG is expected to be hit with a $1 billion-plus fine to settle charges of rigging Libor interest rates this week.
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SINGAPORE, Dec 17- London copper was steady on Monday, consolidating from a five-week winning streak on signs of reviving growth momentum in top consumer China, but protracted wrangling over the U.S. " *The most-traded March copper contract on the Shanghai Futures Exchange slipped 0.29 percent to 57,670 yuan a tonne.
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*Fine could be as much as $1.6 bln, more than Barclays'- report. LONDON/ ZURICH, Dec 17- UBS AG is expected to be hit with a $1 billion- plus fine to settle charges of rigging Libor interest rates this week, making it the second bank to be brought to book for its role in the global scandal.
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A change of guard in Japan and glacial U.S. budget talks will dominate the run into the year-end, with financial markets, and the economies that drive them, ending 2012 in solid shape.
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*Chairman Axel Weber involved in trying to prevent conviction. ZURICH, Dec 14- UBS faces a fine of 1.5 billion Swiss francs to settle interest rate rigging charges, a Swiss newspaper reported on Saturday.