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  • *Shanghai zinc drops 3 pct as short selling heats up. SYDNEY, Oct 16- London copper held its ground on Thursday after logging its biggest daily fall in six months the session before, with mounting concerns over global growth stoking selling across other metals. "Talk of stimulus programmes suggests that there is a realisation that without these measures, we could...

  • DIARY - Top Economic Events to Oct 29 Wednesday, 15 Oct 2014 | 8:01 PM ET

    CHELSEA, United States- Federal Reserve Chair Janet Yellen tours the CONNECT facility and meets consortium leaders and local residents to hear about conditions in the local economy and the impact of CONNECT for residents entering or re-entering the workforce- 1645 GMT. LONDON- Bank of England Deputy Governor Jon Cunliffe takes part in a panel discussion at...

  • You might hope for a sense of realism and practical moves to address the issues, but instead the World Coal Conference in Copenhagen this week was characterised by what seemed like a state of denial. Spot thermal coal at Australia's Newcastle port fell to $64.92 a tonne in the week ended Oct. 10, 1 cent higher than the previous week, which was the lowest since...

  • *OPEC shows no sign of cutting output to defend oil prices. SINGAPORE, Oct 15- Brent crude edged higher on Wednesday, holding above $85 a barrel after its biggest daily fall in three years in the previous session, a drop of nearly $4 that pushed prices to the lowest since late 2010 in an oversupplied market. Comments from core OPEC members, including Saudi Arabia,...

  • Brent recovers above $85 after biggest fall in three years Wednesday, 15 Oct 2014 | 12:55 AM ET

    *OPEC shows no sign of cutting output to defend oil prices. SINGAPORE, Oct 15- Brent edged higher above $85 a barrel on Wednesday, recovering from its biggest daily fall in three years, a drop that pushed prices to the lowest since late 2010 as traders scrambled to keep up with the downward momentum. Comments from core OPEC members, including Saudi Arabia, Kuwait and...

  • TOKYO, Oct 15- Asian stocks were cautiously up on Wednesday as benign inflation data in China and more gloom in the euro zone economy lent credence to fears of a faltering global economic recovery. "Problems in Europe are an ongoing headwind for other major economies including the US, and China is a negative for world growth." Data showing China's consumer...

  • Australia's Flanagan wins Booker fiction prize Tuesday, 14 Oct 2014 | 10:06 AM ET

    LONDON— Australian writer Richard Flanagan won the Booker Prize on Tuesday with a visceral book about wartime brutality and its aftermath— a novel the head of the judging team said was as powerful as a kick in the stomach. Flanagan drew on his father's experiences as a World War II prisoner of the Japanese for " The Narrow Road to the Deep North," which centers on the...

  • LONDON, Oct 14- Copper prices rose to a two-week high on Tuesday, buoyed by confidence about the outlook for demand from top consumer China following its plans to step-up infrastructure projects. The outlook for copper, which is mainly used in the power and construction industries, brightened after a senior official at China's economic planner said the...

  • METALS-LME copper hits 2-wk peak on China outlook Tuesday, 14 Oct 2014 | 4:01 AM ET

    SYDNEY, Oct 14- London copper climbed to fresh two-week peaks on Tuesday, boosted by technical buying after China reaffirmed plans to step up infrastructure projects to support growth, following robust September trade data. China's investment growth should pick up in the coming months as authorities hasten construction of water conservation projects and...

  • MANILA, Oct 14- Seasonal rains are set to disrupt nickel mining in the Philippines for the next four months or so, crimping exports to top buyer China and stoking a shortfall in the global supply of ore. But, with a ban on raw metal shipments by former top exporter Indonesia, the seasonal decline in the Philippines' output could force China's vast stainless steel...

  • *Saudi Arabia, Kuwait play down possibility of OPEC output cut. SINGAPORE, Oct 14- Brent crude fell to just above $88 a barrel on Tuesday in a well-supplied market as expectations faded that OPEC could cut output in an effort to shore up prices. Investors expecting a production cut from OPEC to support prices were disappointed as Saudi Arabia and Kuwait played down...

  • Brent drops to near $88 in well-supplied oil market Monday, 13 Oct 2014 | 11:53 PM ET

    *Saudi Arabia, Kuwait play down possibility of OPEC output cut. SINGAPORE, Oct 14- Brent crude fell to just above $88 a barrel on Tuesday in a well-supplied market as expectations faded that OPEC could cut output and shore up prices. Investors expecting a production cut from OPEC to support prices were disappointed as Saudi Arabia and Kuwait played down the...

  • DIARY - Top Economic Events to Oct 27 Monday, 13 Oct 2014 | 8:01 PM ET

    MADRID- Bank of Spain Deputy Governor Fernando Restoy will deliver a lecture on "Central Bank Perspectives: A New Model for Banking and Finance" as part of the FT Spain Summit: Restoring Competitiveness, organized by Financial Times- 1245 GMT. NEW YORK- Federal Reserve Bank of New York President William Dudley gives introductory remarks and presides over a dinner...

  • SYDNEY, Oct 14- Frothiness in Australia's property market has triggered central bank warnings of regulatory steps to rein in loans to investors, but the nation's banks are turning a deaf ear, sceptical that any such action is needed or imminent. Lending to investors has jumped this year to its highest since comparable records started in 1991, accounting for...

  • LONDON, Oct 13- European stocks reversed early losses on Monday as airline shares gained after crude oil prices fell to near a four-year low, though broad dollar weakness and a jump in gold signaled investor concern over global economic health. MSCI's broadest index of Asia-Pacific shares outside Japan lost 0.5 percent. Germany's Lufthansa rose 3.3 percent...

  • *China trade data brighter than expected; alleviates worries. China copper imports up 14.7 pct m/m to 390,000 T in Sept. LONDON, Oct 13- Copper and other base metals rose on Monday after the dollar fell and better-than-expected Chinese trade data eased fears of a slowdown in demand in the top commodities consumer.

  • LONDON, Oct 13- Stocks started the week on a negative note and crude oil prices fell to near-four-year lows with forecast-beating Chinese trade data unable to lighten investors' mood about the health of the global economy. Gold jumped and yields on low-risk German government bonds edged lower. The nervousness is still there, "said Terry Torrison, managing...

  • A look at how your voice is being used to ID you Monday, 13 Oct 2014 | 3:58 AM ET

    Canada's TD Bank Group, the National Australia Bank Ltd. and the Bank of New Zealand are among the businesses allowing customers to sign into their accounts or skip call center security questions by supplying a voiceprint. "There's no need for a call center agent to know your name, your mother's maiden name, your inside leg measurement or whatever," said Clive...

  • METALS-LME copper buoyed by brighter China trade data Sunday, 12 Oct 2014 | 11:11 PM ET

    *China trade data brighter than expected; alleviates worries. *China copper imports up 14.7 percent to 390,000 T in Sept. SYDNEY, Oct 13- London copper climbed on Monday after Chinese data painted a slightly brighter picture of the world's second largest econmy, adding to supportive comments by China's leaders about the country's economic growth prospects.

  • *Japan shut for holiday, China trade data in focus. MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.5 percent, extending last week's 1.1 percent drop. At an International Monetary Fund and World Bank meeting in Washington on Saturday, IMF member countries called for bold action to bolster the global economic recovery and flagged Europe as a...