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  • Asia stocks gain after robust US growth report Friday, 31 Oct 2014 | 12:05 AM ET

    SEOUL, South Korea— Asian stocks climbed Friday after strong U.S. economic growth and upbeat earnings sent Wall Street higher. KEEPING SCORE: Japan's Nikkei 225 jumped 1.7 percent to 15,921.26 and Hong Kong's Hang Seng advanced 0.9 percent to 23,902.57. Stocks in mainland China, India and Southeast Asia also rose.

  • NEW YORK, Oct 30- The dollar on Thursday extended recent gains to a 3-1/ 2- week high, boosted by unexpectedly strong third-quarter U.S. economic growth and a newly hawkish tone from the Federal Reserve. A U.S. Commerce Department report showed third-quarter gross domestic product grew by 3.5 percent versus the Reuters 3.0 percent mean forecast of economists.

  • LONDON, Oct 30- The new head of French energy major Total challenged Europe to fight Washington over the U.S. oil export ban, in his first public appearance since his predecessor Christophe de Margerie was killed in a Moscow plane crash last week. "I hope the European Commission raises this issue... the refiners in Europe and Asia are suffering from one rule.

  • *Q3 oper profit jumps 16 pct to 3.23 bln euros. BERLIN, Oct 30- Volkswagen's third-quarter earnings jumped as profit margins at its main passenger-car division rose for the first time in almost two years, adding to record sales of luxury Audis and Porsches. While sales at Audi and Porsche- which account for two-thirds of group profit- have been rising all year, they...

  • Not so sweet: Chocolate prices are set to rise Thursday, 30 Oct 2014 | 12:51 PM ET

    NEW YORK— That bowl of chocolates for ninjas and ghosts won't cost you more this Halloween. Picking the perfect sweet for your Valentine could. Hershey CEO, John Bilbrey, said in an interview with CNBC earlier this month that shoppers wouldn't see a price increase this year because his company negotiated prices for its holiday items well in advance.

  • UPDATE 4-Apple's Cook: "I'm proud to be gay" Thursday, 30 Oct 2014 | 12:24 PM ET

    *Apple Chairman Art Levinson calls Cook "courageous". Oct 30- Apple Inc CEO Tim Cook on Thursday became the most prominent American corporate leader to come out as being gay, saying he was trading off his closely guarded privacy for the chance to help move forward civil rights. The Alabama native, who has spoken out against discrimination of lesbian, gay, bisexual and...

  • By Alexander Winning and Yelena Orekhova. MOSCOW, Oct 30- The rouble jumped over 3 percent on Thursday, bouncing off an all-time low against the dollar amid market talk of possible heavy central bank intervention ahead of a monetary policy meeting and rumors of a deal with Ukraine over Crimea. Traders in Moscow and London said the rouble's recovery was driven by a...

  • *Q3 oper profit jumps 16 pct to 3.23 bln euros. BERLIN, Oct 30- Volkswagen's third-quarter earnings jumped as profit margins at its main passenger-car brand rose for the first time in almost two years, adding to record sales of luxury Audis and Porsches. While sales at Audi and Porsche- which account for two-thirds of group profit- have been rising all year, they have...

  • NEW YORK, Oct 30- The dollar on Thursday extended recent gains to a 3-1/ 2- week high, boosted by unexpectedly strong third-quarter U.S. economic growth and a newly hawkish tone from the Federal Reserve. A U.S. Commerce Department report showed third-quarter gross domestic product grew by 3.5 percent versus the Reuters 3.0 percent mean forecast of economists.

  • LONDON, Oct 30- "Who's got all the copper?" The answer, according to the Wall Street Journal, is Red Kite, the specialist metals hedge fund set up by Michael Farmer, a man who was trading the copper market before many younger readers were born. Today's LME dominant positions report WHL> shows one entity owning 80 to 90 percent of "live" copper tonnage in the LME warehouse...

  • *Rouble moves sharply higher in nervy trade. MOSCOW, Oct 30- The rouble jumped on Thursday, bouncing off an all-time low against the dollar amid market talk of possible central bank intervention ahead of a monetary policy meeting and rumours of a deal with Ukraine over Crimea. Traders in Moscow and London said the rouble's recovery was driven by a report by...

  • *Bank makes provision to settle UK, US foreign exchange probes. LONDON, Oct 30- Barclays Plc set aside 500 million pounds in the third quarter to cover potential fines for rigging currency markets, taking the shine off a rise in profits as its retail business performed well and costs were cut. Barclays is one of six banks in talks with UK regulators to pay about 1.5...

  • MOSCOW, Oct 30- Russia's rouble strengthened sharply against both dollar and euro early on Thursday afternoon, with traders citing a Ukrainian news agency report of an unofficial deal between Russia and Ukraine on the future status of Crimea. Several traders in Moscow and London cited an article citing the UNIAN agency that President Vladimir Putin and...

  • *Dollar, yields jump after Fed ends QE. LONDON, Oct 30- The dollar surged to a three-week high, bond yields rose and gold fell on Thursday after the U.S. Asian shares mostly fell, following a slight decline on Wall Street overnight.

  • Barclays sets aside $805 million in rigging probe Thursday, 30 Oct 2014 | 5:27 AM ET

    LONDON— Barclays, Britain's second biggest bank by assets, set aside 500 million pounds on Thursday to cover possible penalties amid international probes into the alleged manipulation of foreign exchange markets. The provision amount is greater than the 290 million pound fine Barclays paid for its role in rigging the London interbank offered rate, or Libor, a...

  • *Central bank has spent more than $20 bln defending rouble. MOSCOW, Oct 30- The rouble hit a new low of more than 43 to the dollar on Thursday, as speculation grew that the Russian central bank will let the rouble float freely when it meets on Friday and as comments by the U.S. "The market is now expecting the central bank to announce the rouble free float at tomorrow's...

  • LONDON, Oct 30- Royal Dutch Shell quarterly profit rose by almost a third, beating forecasts and adding to what has been a robust three months for European oil majors, who have yet to feel the full impact of a sharp drop in oil prices. Europe's biggest oil company by market value also said it had appointed former banker Charles Holliday as its chairman.

  • LONDON, Oct 30- "If you can keep your head when all about you are losing theirs and blaming it on you," is the famous opening line of a poem by Rudyard Kipling that was once voted Britain's favourite verse. Published at the start of the 20th century, when Britain's empire was at its greatest extent, "If" captures the country's self-image as phlegmatic and unflappable.

  • Asia stocks meander after Fed ends stimulus Thursday, 30 Oct 2014 | 12:04 AM ET

    HONG KONG— Asian stock markets meandered Thursday while the dollar strengthened against other currencies after the Federal Reserve said it will end its stimulus program, as many had expected. KEEPING SCORE: Japan's benchmark Nikkei 225 index rose 0.5 percent to 15,636.60 while South Korea's Kospi lost 0.5 percent to 1,950.26. Thus, markets began to bring back...

  • HONG KONG, Oct 30- China financial institutions are rushing to expand their business beyond Hong Kong, aiming to broaden their investor base to Europe and the United Staets with yuan products. Asset manager GF International Investment Management told Reuters on Monday in an interview that it was looking to set up offices in New York and London next year to...