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  • *Sources say China ready to cut rates again. LONDON, Nov 24- Copper prices slipped on Monday, reversing hefty gains from the previous session which followed China's surprise interest rate cut, as investors focused on the uncertain outlook for metals demand from the world's top consumer. Three-month copper on the London Metal Exchange was down 0.5 percent at...

  • *Sources say China ready to ease further after rate cut. LONDON, Nov 24- World stock markets ground their way higher on Monday after a frenetic round of activity at central banks in Asia and Europe showed they are willing to do more to support economic growth and higher inflation. European Central Bank chief Mario Draghi also looked to be clearing the way for the...

  • One Direction, Iggy Azalea shine at 2014 AMAs Monday, 24 Nov 2014 | 2:18 AM ET

    One Direction won three honors at the American Music Awards, including artist of the year over powerhouse acts like Beyonce and Luke Bryan, while breakthrough newcomer Iggy Azalea beat out heavyweights Eminem and Drake in the rap categories. Katy Perry, who was absent from Sunday's awards show because of her world tour, matched One Direction for most wins with...

  • Asian stocks gain after China rate cut Sunday, 23 Nov 2014 | 11:00 PM ET

    BEIJING— Asian stocks rose Monday after China's surprise interest rate cut as investors looked ahead to European inflation data due out this week and OPEC meeting to discuss oil production levels. KEEPING SCORE: China's Shanghai Composite Index jumped 1.7 percent to 2,529.83 points and Hong Kong's Hang Seng surged 1.8 percent to 23,862.69.

  • SYDNEY, Nov 24- Asian share markets were broadly higher on Monday as the prospect of further policy stimulus in China and Europe whetted risk appetites while sending the euro skidding. "China's rate cut adds to the determination of global policy makers to avoid deflation and support growth," said Shane Oliver, head of investment strategy at fund manager AMP...

  • *BHP aims for at least $4 bln in savings by June 2017. MELBOURNE, Nov 24- BHP Billiton stepped up its cost-cutting plans on Monday as the world's biggest miner battles a sharp slide in iron ore, coal and oil prices, and said the unloved assets it is spinning off are still making money despite the rout. BHP expects to reap savings of at least $4 billion by June 2017, up from an...

  • SAO PAULO, Nov 21- Brazil's JBS SA, the world's largest beef exporter, said on Friday its $1.25 billion purchase of Australian processed foods producer Primo Smallgoods would increase its presence in Asia. JBS hopes to increase sales to South Korea, Singapore, Hong Kong and China, where it is already the biggest protein supplier, Chief Executive Officer Wesley...

  • METALS-Prices rally after China cuts interest rates Friday, 21 Nov 2014 | 6:22 AM ET

    *China cuts benchmark rates for first time in two years. LONDON, Nov 21- Metals prices rose on Friday after China cut benchmark interest rates in a bid to jumpstart its economy, while expectations of raw material scarcity gave a further lift to nickel which hit a five-week high. Three-month copper on the London Metal Exchange hit a session high of $6,748 a tonne...

  • RUESCHLIKON, Switzerland, Nov 21- The Swiss National Bank is prepared to buy euros for francs when the exchange rate hits 1.20, a board member said on Friday, but the bank was silent about whether it has already been forced to do so to protect its cap on the safe-haven currency. "What we have to ensure is that in all foreign exchange markets- from Sunday night in Sydney to...

  • *China bonded copper premiums slip $5 to $60- $70. SYDNEY, Nov 21- London nickel climbed to a five-week top on Friday, on track for its biggest weekly gain since early May, as Chinese stainless steel mills used up ore stockpiles amid a disruption in supplies from the Philippines. China's mills have been supplementing their nickel ore stocks with shipments from the...

  • SINGAPORE, Nov 21- Brent briefly rose to $80 a barrel on Friday on speculation OPEC could agree to output cuts at its meeting next week, with strong U.S. economic data also bolstering oil prices. Libya, Ecuador and Venezuela earlier called for OPEC to cut production. Iran urged fellow OPEC members to shore up oil prices while saying a reduction in output was unlikely.

  • *China bonded copper premiums slip $5 to $60- $70. SYDNEY, Nov 21- London nickel rose on Friday and was on track for a five percent weekly rise as Chinese stainless steel mills used up ore stockpiles amid a disruption in supplies from the Philippines. China's mills have been supplementing their nickel ore stocks with shipments from the Philippines after Indonesia,...

  • DIARY - Top economic events to Dec 4 Thursday, 20 Nov 2014 | 7:01 PM ET

    WASHINGTON- Federal Reserve Board Governor Daniel Tarullo testifies on " Physical Commodities" before the Senate Homeland Security& Governmental Affairs permanent subcommittee on investigations in Washington- 1430 GMT. WASHINGTON- New York Federal Reserve Bank President William Dudley testifies to Senate Banking subcommittee on Financial...

  • LONDON, Nov 20- Copper slipped on Thursday as weak Chinese manufacturing data plus slower business growth in the euro zone raised concerns about global growth. Surveys showed euro zone businesses grew less quickly than any forecaster had expected while China and U.S. factories lost momentum. Copper trimmed its losses and other metals went into positive...

  • LONDON, Nov 20- The dollar eased off a seven-year peak just shy of 119 yen on Thursday ahead of data that is expected to show U.S. consumer prices moderating as deflationary forces take hold across the globe. The dollar earlier romped as far as 118.98 yen, its highest since August 2007, after minutes from the Federal Reserve suggested the United States is still...

  • LONDON, Nov 20- Copper slipped on Thursday as weak manufacturing in China and slower business growth in the euro zone raised concerns about demand, while nickel hit a five-week high due to expectations of an ore shortage. In top metals consumer China, growth in its vast factory sector stalled in November, with output contracting for the first time in six months,...

  • The China flash HSBC/ Markit manufacturing purchasing managers' index showed factory output contracted in the world's second-biggest economy for the first time in six months.. In Europe signs were just as gloomy as the private sector in its biggest economy, Germany, grew at the slowest rate in 16 months, and in France a slight pick-up was overshadowed by the...

  • LONDON, Nov 20- The dollar powered to a seven-year peak just shy of 119 yen on Thursday after Federal Reserve minutes suggested the United States is still likely to raise interest rates next year, in stark contrast to Japan's ultra-loose policy outlook. The greenback last traded at 118.63 yen, 0.6 percent higher on the day and up around 9 percent since the Bank of...

  • *OPEC will cut production to 30 m bpd target- Libyan official. SINGAPORE, Nov 20- Brent crude held above $78 a barrel on Thursday as the market waited for news on possible cuts in oil output ahead of an OPEC meeting next week. According to Samir Kamal, Libya's OPEC governor and head of planning at the Libyan oil ministry, ministers from the oil producers' cartel will...

  • *OPEC will cut production to 30 m bpd target- Libyan official. SINGAPORE, Nov 20- Brent crude held above $78 a barrel on Thursday as the market waited for news on possible cuts in oil output ahead of next week's OPEC meeting. According to Samir Kamal, Libya's OPEC governor and head of planning at the Libyan oil ministry, ministers from the oil producers' cartel will...