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  • US stocks end a turbulent month at a record high Saturday, 1 Nov 2014 | 12:06 AM ET

    NEW YORK— For stock investors, there was no shortage of drama in October. Stocks started the month modestly below a record high, only to cascade to their worst slump in two years. This October, the market's seesaw path was driven by fears that Europe's economy was slipping back into a recession, worries about plunging oil prices and concerns of possible weakness in...

  • DIARY- Top Economic Events to Nov 14 Friday, 31 Oct 2014 | 8:01 PM ET

    NEW YORK- Dallas Federal Reserve Bank President Richard Fisher speaks on "Preparing to Normalize Monetary Policy" before a Shadow Open Market Committee meeting sponsored by the Manhattan Institute for Public Policy Research- 1740 GMT. CHICAGO- Federal Reserve Bank of Chicago President Charles Evans gives welcome and opening remarks before the "...

  • MOJAVE, Calif., Oct 31- A suborbital passenger spaceship being developed by Richard Branson's Virgin Galactic company crashed during a test flight on Friday near the Mojave Air and Space Port in California, killing one pilot and seriously injuring the other, officials said. The crash of the vehicle, undergoing its first powered test flight since January over the...

  • NEW YORK, Oct 31- U.S. authorities are investigating London- based Standard Chartered Plc for potential U.S. sanctions violations connected to its banking for Iranian-controlled entities in Dubai, according to people familiar with the probe. Investigators also learned that the company used to have an account with Standard Chartered, according to the source.

  • *Bank of Japan stimulus boost lifts U.S. dollar. NEW YORK, Oct 31- Oil's losing streak continued for the fourth consecutive month on Friday, with prices tumbling as another round of monetary stimulus from Japan pumped up the U.S. dollar and pounded a crude market already suffering from robust supply. The downtick was led by Angola and Nigeria, with overall OPEC...

  • CAPE CANAVERAL, Fla., Oct 31- A suborbital passenger spaceship being developed by Richard Branson's Virgin Galactic crashed during a test flight on Friday at the Mojave Air and Space Port in California, the company said. In May, Virgin Galactic and spaceship developer Scaled Composites, a subsidiary of Northrop Grumman Corp, switched to an alternative...

  • Recent moves by central banks, at a glance Friday, 31 Oct 2014 | 2:19 PM ET

    On Friday, the Bank of Japan surprised financial markets by intensifying its purchases of government bonds and other assets to try to revive a faltering recovery. The central bank will increase its purchases of government bonds and other assets by between 10 trillion yen and 20 trillion yen to about 80 trillion yen in total annually. Other policies: The Bank of...

  • LONDON, Oct 31- Copper fell on Friday due to a strong dollar buoyed by U.S. economic data, outweighing the positive impact of a surprise move by Japan to expand its stimulus programme. The dollar index hit the highest levels since June 2010, weighing on commodities priced in U.S. currency since it makes them more expensive for buyers outside of the United States.

  • *Barclays shares jump 8 pct; RBS, HSBC, Lloyds also up. LONDON, Oct 31- The Bank of England told British banks on Friday they will need to hold more capital to guard against the risks of bad loans, but the new measures were less stringent than many had expected. Shares in Barclays-- the bank that analysts said was most at risk from tough new rules-- jumped 8 percent on the news,...

  • FRANKFURT, Oct 31- Deutsche Boerse is counting on its new chief executive to raise both the profile and prospects of the German exchange operator, which has seen its efforts at strategic mergers repeatedly stymied. Appointed on Oct. 27, Carsten Kengeter, a former head of investment banking at Swiss lender UBS, will join Deutsche Boerse next April and become CEO on...

  • *No sign of OPEC cutting output. NEW YORK, Oct 31- Oil prices dropped on Friday and were headed toward their fourth consecutive monthly fall as another round of monetary stimulus from Japan pumped up the U.S. dollar and pounded a crude market already suffering from robust supply. The downtick was led by Angola and Nigeria, with overall OPEC production still...

  • Coal miners stuck in the middle of Ukraine's war Friday, 31 Oct 2014 | 12:05 PM ET

    DONETSK, Ukraine— Glistening black sweat rolls down the spine of a beefy miner as he jackhammers bedrock along the shaft at the Chelyuskintsev coal mine in Donetsk, Ukraine's eastern industrial heartland. Ukraine's eastern coal mines lie smack in the middle of its war. The front line between the warring parties separates the mineral wealth of the Donetsk...

  • NEW YORK, Oct 31- The yen plunged to a near seven-year low against the U.S. dollar on Friday, putting it on track for its worst day in 18 months, after the Bank of Japan shocked financial markets with an aggressive easing of its monetary policy. While some investors had expected some easing, most had thought any additional action was months away as Governor Haruhiko...

  • LONDON, Oct 31- The Bank of England told British banks on Friday they will be required to hold more capital to guard against the risks of bad loans, but the new measures were less stringent than many had expected. Shares in Barclays-- one of the banks which analysts had feared might be hit hardest by the new rules-- rose a hefty 7 percent on the news, and shares in Lloyds...

  • NEW YORK, Oct 31- Global equity markets rallied and the yen fell to a nearly seven-year low against the dollar on Friday after the Bank of Japan surprised financial markets by ramping up its massive stimulus program. The unexpected jolt from the BOJ put the dollar on track for its biggest daily gain against the yen in 18 months, while driving gold and silver to their...

  • LONDON, Oct 31- Copper fell on Friday due to a strong dollar buoyed by U.S. economic data, outweighing the positive impact of a surprise move by Japan to expand its stimulus programme. The dollar index hit the highest levels since June 2010, weighing on commodities priced in U.S. currency since it makes them more expensive for buyers outside of the United States.

  • LONDON, Oct 31- Romanian investment fund Fondul Proprietatea aims to launch its secondary listing in London in December and hopes to get approval from shareholders for another share buyback, the fund's manager Greg Konieczny said. On Friday, Fondul had a market capitalisation of 11.6 billion lei on the Bucharest stock exchange. Templeton has pushed...

  • LONDON, Oct 31- OPEC's oil supply in October has fallen by 120,000 barrels per day due to lower production in Angola and Nigeria, a Reuters survey found, although recovery in Libya and growth in Iraq kept output close to September's two-year high. OPEC pumps a third of the world's oil and meets in November to set output policy for early 2015. Despite oil's drop below...

  • UK Treasury chief set to pay off World War I bonds Friday, 31 Oct 2014 | 9:19 AM ET

    LONDON— Britain is repaying some of the 2 billion pounds it still owes investors who helped finance World War I. As Europe marks the centenary of the war, Treasury chief George Osborne said Friday the government plans to redeem some National War Bonds issued in 1917 when it refinances 218 million pounds of debt issued as far back as the 18th century.

  • NAIROBI, Oct 31- Kenya, like other nations on a continent that boasts some of the fastest growth rates in the world, is racing to upgrade neglected infrastructure, improve regulations and revise often outdated economic figures to spur investment. But Kenya's challenges, many of which are mirrored across Africa, are formidable if it wants to build on recent gains.