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As fashion houses look to Asia, CNBC investigates the latest designs at Singapore's fashion week.
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SINGAPORE/ TOKYO, Oct 11- Japan's Mitsubish Chemical Corp shut its No. 2 naphtha cracker in Kashima on Oct. 8 following a power outage, but it was unclear when the unit would resume operations, traders said on Thursday. Mitsubishi Chemical operates another cracker, its no. 1 unit, which has a capacity of more than 370,000 tpy. Keywords: NAPHTHA JAPAN/ MITSUBISHI CHEM.
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*Vietnam's new crop offered at $30 below London. SINGAPORE, Oct 11- Trading houses offered beans from Vietnam's new crop at discounts to London futures this week, but Indonesian robustas returned to premiums despite a lack of interest from roasters, dealers said on Thursday.
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SINGAPORE, Oct 11- Bosses of Singapore- listed companies are taking their firms private to take advantage of beaten-down prices and cheap financing, more than trebling management buyout deals in the island-state to $10.9 billion compared with the whole of 2011..
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SINGAPORE/ LONDON, Oct 11- Indonesia's powerful Bakrie family has proposed a parting of ways with London- listed coal conglomerate Bumi Plc, the group they co-founded with financier Nat Rothschild, offering to take back the Indonesian assets they brought less than two years ago.
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SINGAPORE, Oct 11- Shanghai steel futures fell over 1 percent on Thursday after a three-day climb as the outlook for Chinese demand remained hazy despite recent gains in prices, while iron ore hit its highest since July as mills continued to replenish stockpiles.
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JAKARTA, Sept 13- Indonesia's central bank held its benchmark rate on Thursday at a record low 5.75 percent for an eighth consecutive month, as forecast, as the country maintained strong growth despite a global economic slowdown.
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JAKARTA, Sept 13- Indonesia's central bank held its benchmark rate on Thursday at a record low 5.75 percent for an eighth consecutive month, as forecast, as the country maintained strong growth despite a global economic slowdown.
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*Turkey, Syria fighting continues, stokes worries about Mideast supply. November Brent crude rose 60 cents to $114.93 a barrel by 0626 GMT after a volatile session on Wednesday that saw the contract rising to $115.59, its highest since Sept. 17, before settling down slightly.
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*S&P/ASX 200 index fell 7 points to 4,483.5* Lynas Corp Ltd. plunges 15 pct on Malaysia delay. Shares pulled back from 14- month highs on Wednesday after the IMF cut its growth forecast for China, Australia's biggest export market.
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*Set to rival Hong Kong and Taiwan* Yuan deposit-pool sets Singapore ahead of other centres By Kevin Lim and Michelle Chen.
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SINGAPORE, Oct 11- Indian Bharat Petroleum Corp Ltd sold a naphtha cargo to Unipec for about $26 a tonne above Middle East quotes on a free-on-board basis, down by as much as a third on spot prices for two previous October cargoes, traders said on Thursday.
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*Turkey, Syria fighting continues; Mideast tension supports oil. November Brent crude rose 52 cents to $114.85 a barrel by 0501 GMT after a volatile session on Wednesday that saw the contract rising to $115.59, its highest since Sept. 17, before settling down slightly.
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MELBOURNE, Oct 11- Australian shares fell 0.2 percent on Thursday, weighed by weakness in miners but paring steeper earlier losses after data showed a jump in jobs in September. Lynas Corp Ltd plunged 15 percent as it faced another delay in opening its rare earths plant in Malaysia.
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*Turkey, Syria fighting reinforces worry over Middle East supply. NEW YORK, Oct 11- Oil prices rose on Thursday as tensions between Syria and Turkey escalate and maintenance curbs on North Sea output continue.
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KUALA LUMPUR, Oct 11- Malaysia's factory output shrank for the first time in 13 months in August, although the decline was less than expected, reflecting the weakness in its export markets, official data showed on Thursday.
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SINGAPORE, Oct 11- Shanghai steel futures fell 1 percent on Thursday after a three-day climb as the outlook for Chinese demand remained hazy despite recent gains in prices, while iron ore hit its highest since July as mills continued to replenish stockpiles.
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SINGAPORE Oct. 11, 2012-- Standard& Poor's Ratings Services today assigned its' BBB+' issue rating to a proposed issue of senior unsecured notes by PTT Public Co. Ltd. The rating on PTT reflects the company's' bbb' stand-alone credit profile and an extremely high likelihood of extraordinary support from the government of Thailand in the event of financial distress.
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SINGAPORE, October 11 Fitch Ratings says Singapore- based First Ship Lease Trust's rating is not affected by a restructuring agreement of one of its lessees, Denmark- based TORM A/S, with its banks and tonnage providers. FSLT is rated Long-Term Issuer Default' B+' with Negative Outlook.
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*Experts call for beauty industry to be regulated By Tan Ee Lyn. HONG KONG, Oct 11- A 46- year-old woman has died in Hong Kong and three others are fighting for their lives following a beauty parlour treatment that involves blood transfusion, highlighting a lack of regulation in the city's cosmetic industry.
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SEOUL, Oct 11- South Korea's largest refiner, SK Energy, will delay a maintenance shutdown at its No.2 crude distillation unit to next year from the originally planned dates starting this month, a spokesman at parent company SK Innovation said.