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  • Alaska gas line project could cost $65B or more Wednesday, 3 Oct 2012 | 10:25 PM ET

    JUNEAU, Alaska-- A liquefied natural gas project in Alaska could cost more than $65 billion and would represent a mega-project of "unprecedented scale and challenge," officials behind the project told Gov.

  • Gambling chiefs race for share of U.S. online gaming Wednesday, 3 Oct 2012 | 10:24 PM ET

    Our biggest challenge is converting the 25 to 35 year old to becoming participants in our industry, "said Brian Gamache, chief executive of slot machine maker WMS Industries Inc at the annual Global Gaming Expo in Las Vegas.

  • TOKYO, Oct 4- The Nikkei average advanced 0.3 percent and the broader TOPIX rose 0.6 percent on Thursday morning. Struggling chipmaker Renesas Electronics Corp jumped 7.8 percent to 303 yen on short-squeeze after it said a larger-than-expected number of employees volunteered for its redundancy scheme.

  • Nihon Kohden Corp gained 4.4 percent to 2,744 yen after trading as high as 2,770 yen to a two-month high after J.P. Morgan raised its price target on the medical equipment maker to 4,100 yen from 3,700, saying it expected the firm to overshoot its first-half earnings guidance on strong Japanese sales.

  • WASHINGTON, Oct 3- The U.S. Treasury Department is examining individual retirement accounts as vehicles for potential tax avoidance, a top tax official said in a letter to Democratic lawmakers released on Wednesday.

  • The maker of precision motors was also weighed down by J.P. Morgan's downgrade to' neutral' from' overweight'. TDK Corp lost 2.5 percent to 2,791 yen, also hurt by a price target cut to 3,200 yen from 3,640 by J.P. Morgan.

  • McCaskill reports $5.8 million raised in Akin contest Wednesday, 3 Oct 2012 | 9:27 PM ET

    Claire McCaskill, whose Missouri re-election campaign has attracted national attention since her Republican challenger made controversial remarks about rape, said on Wednesday she raised $5.8 million in the last quarter. Missouri is a key target for Republicans who need a net gain of four seats in November's election to win a Senate majority.

  • Louis Dreyfus to sell energy trading business-FT Wednesday, 3 Oct 2012 | 9:21 PM ET

    Oct 4- Louis Dreyfus Group and the hedge fund unit of JPMorgan Chase& Co are selling their jointly owned energy trading business to an investor group, the Financial Times reported on Thursday. The company will be sold to Glenn Dubin, Paul Tudor Jones and other investors.

  • About the issue: China Wednesday, 3 Oct 2012 | 9:10 PM ET

    The United States accuses China of flouting trade rules and undervaluing its currency to helps its exporters. Many U.S. companies outsource production to China. One study estimated that between 2001 and 2010, 2.8 million U.S. jobs were lost or displaced to China.

  • Japan Hot Stocks-Izumi, Tomy, Nikon, Canon Wednesday, 3 Oct 2012 | 9:05 PM ET

    Izumi Co Ltd jumped 17.7 percent to 1,926 yen, its highest level since December 2007, after the supermarket operator said it would spend up to 8 billion yen to buy back up to 4 million of its own shares, or 5.1 percent of its issuing shares, between Oct. 4 and Dec. 28.

  • Wednesday's decision by the 5th U.S. Circuit Court of Appeals in New Orleans came amid a separate labor dispute by the airline's 8,000 pilots and its parent company, AMR Corp., which filed for bankruptcy in November.

  • Japan Hot Stocks-Tomy, Nikon, Canon Wednesday, 3 Oct 2012 | 8:54 PM ET

    The business daily said Tomy would take over Pokemon operations in Europe and the United States from Bandai Co, a unit of Namco Bandai Holdings Inc, and local firms. Namco Bandai slipped 2.1 percent to 1,274 yen.

  • Low-cost flying arrives in luxury-loving Japan Wednesday, 3 Oct 2012 | 8:45 PM ET

    NARITA, Japan-- Japan has a reputation for loving expensive things like overpriced real estate, gourmet melons and luxury brands. Ticket prices are plunging by about half, to 16,000 yen trips to the southwestern resort island of Okinawa or a 5,000 yen hop to Seoul.

  • Shell starts exploratory drilling in Beaufort Sea Wednesday, 3 Oct 2012 | 8:38 PM ET

    ANCHORAGE, Alaska-- Shell Oil says it has begun exploratory drilling in the Beaufort Sea off Alaska's north coast as it continues to drill in the neighboring Chukchi Sea. Shell Alaska spokesman Curtis Smith says Beaufort drilling started Wednesday after the end of an Alaska Native whale hunt.

  • Australia shares rise early as banks gain Wednesday, 3 Oct 2012 | 8:32 PM ET

    MELBOURNE, Oct 4- Australian shares rose 0.2 percent early on Thursday as gains in banks offset weaker miners, with sentiment supported by encouraging jobs growth data in the United States.

  • Fla. gov. says state needs more water from Georgia Wednesday, 3 Oct 2012 | 8:21 PM ET

    EASTPOINT, Fla.-- Florida's oyster industry appears near collapse and needs help to survive, including getting more fresh water into Apalachicola Bay from Georgia, Gov. Rick Scott said Wednesday in pledging to try to help.

  • KHOBAR, Saudi Arabia, Oct 3- Top oil exporter Saudi Arabia has raised its Arab Light crude price for Asian buyers in November by 90 cents, its state-owned company Saudi Aramco said on Wednesday.

  • Oct 4- U.S. consumers made progress on paying down debt in the second quarter of 2012, but sluggish job growth and the struggling economy could weigh on Americans' ability to pay back loans in the future, the American Bankers Association said on Thursday.

  • TOKYO, Oct 4- Japan's Nikkei share average is set to rise on Thursday after more data showed the U.S. economic recovery is gathering steam, but gains will likely be capped by wariness ahead of European Central Bank and Bank of Japan meetings starting later in the day. Nikkei futures in Chicago closed at 8,790, up 0.5 percent from the close in Osaka.

  • WASHINGTON, Oct 3- The U.S. Treasury Department is examining individual retirement accounts as vehicles for potential tax avoidance, a top tax official said in a letter to Democratic lawmakers released on Wednesday.