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BEIJING— The price of oil edged down Monday but stayed above $104 per barrel as investors watched simmering tensions in Ukraine. U.S. crude for May delivery was down 12 cents at $104.18 in electronic trading on the New York Mercantile Exchange after trading resumed following a three-day holiday weekend.
BEIJING, April 21- China's March crude oil imports from Iran rose more than a third from a year ago, keeping imports in the first three months of 2014 close to the levels seen before Western sanctions were applied more than two years ago.
*Japan logs largest-ever trade deficit, nudges up dollar/yen. TOKYO, April 21- Asian stock markets were subdued on Monday, as tensions in Ukraine kept investors cautious amid an absence of catalysts as several markets remained closed for the Easter holiday. MSCI's broadest index of Asia-Pacific shares outside Japan inched down 0.1 percent.
*Deadly gun attack in eastern Ukraine shakes fragile Geneva accord. SINGAPORE, April 21- Brent futures dropped towards $109 a barrel on Monday as investors took profits after steep gains, but uncertainty surrounding the crisis in Ukraine checked the decline.
BRUSSELS, April 21- Jacques de Larosiere says he is an isolated and modest man. An eminence grise as respected among France's political elite as in the heart of the law-drafting European Commission, de Larosiere finds himself at the nexus of finance and rulemaking, treading a fine line between lobbying and advice.
*Gold retreats from early climb to $1,300 in choppy trade. *Australia, Hong Kong, London closed for Easter. Australia, Hong Kong and London are closed on Monday for the Easter holiday.
BEIJING— Asian stocks were mixed Monday in light trading after Japan reported a jump in its trade deficit and investors looked ahead to economic data this week from China and Korea. Oil declined but stayed above $104 per barrel amid concern over simmering tensions in Ukraine.
*Deadly gun attack in eastern Ukraine shakes fragile Geneva accord. SINGAPORE, April 21- Brent futures dropped towards $109 a barrel on Monday as investors took profits after steep gains, but uncertainty surrounding the crisis in Ukraine kept limited the decline.
*Ukraine on the radar in wake of fresh violence. TOKYO, April 21- Asian stock markets started the week on a subdued note on Monday, as tensions in Ukraine kept investors cautious amid an absence of catalysts as several markets remained closed for the Easter holiday. MSCI's broadest index of Asia-Pacific shares outside Japan inched down 0.1 percent.
PARIS, April 21- Mark Karpeles, CEO of failed bitcoin exchange Mt. Speaking from her home in Switzerland last week, Anne, 57, said Karpeles was a "terrible" student, but was admitted to Mensa, a global society of those with a high IQ, as a teenager.
SINGAPORE, April 21- Gold edged higher on Monday as heightened tensions in Ukraine sparked some safe-haven buying, but fund outflows and weak physical demand continued to cloud the metal's outlook. *Spot gold had gained 0.5 percent to $1,300.21 an ounce by 0026 GMT.
SINGAPORE, April 21- U.S. crude futures hovered above $104 a barrel early on Monday, supported by continuing geopolitical risks in Ukraine despite an accord aimed at averting a wider conflict, as investors return from a three-day Easter weekend. *U.S. crude for May delivery was nearly flat at $104.24 a barrel by 0022 GMT versus Thursday's close of $104.30.
*To invest $12 bln and build more plants in China. BEIJING, April 20- U.S. car giant General Motors Corp plans to invest $12 billion in China from 2014 to 2017 and build more plants next year as it competes with aggressive rivals in the world's largest auto market.
WASHINGTON— Two members of the U.S. Senate Foreign Relations Committee called Sunday for tougher Western sanctions against Russia to include its petrochemical and banking industries and warned that Moscow thus far has ignored U.S. and European efforts to persuade it to back off its confrontation with Ukraine.
MADRID— A Spanish businessman suspected of having dealt in millions of dollars of fake art has been arrested during Easter festivities in southern Spain, officials said Sunday. Art dealer Jose Carlos Bergantinos Diaz, who is wanted for fraud in the United States, was arrested Friday at a luxury hotel in Seville.
SHANGHAI/ BEIJING, April 20- Global automakers are scrambling to meet the demands of China's young urban professionals, who want a car that makes them stand out, yet don't always have the money to splurge on a top-end model.
BOSTON, April 20- U.S. fund managers warned this month of risks shareholders could face from current or future Western sanctions against Russia, underscoring the stakes for emerging-markets investors arising out of the turmoil in Ukraine.
BEIJING— Ford Motor Co. on Sunday unveiled a new Escort sedan designed in China for global sale at a Beijing auto show that highlighted the growing influence of Chinese tastes on the industry. The Escort goes on sale in China this year, expanding later to other markets, said CEO Alan Mulally.
DUBAI, April 20- Saudi Basic Industries Corp reported a dip in its quarterly earnings on Sunday as its chief executive said a shortage of natural gas was limiting its domestic growth, making expansion abroad vital.
BEIJING, April 20- Strong demand for new automobiles in China has laid the foundations for the next leg of business for carmakers BMW, Audi and Mercedes-Benz: the second-hand premium car market. We have 290 dealers who offer certified pre-owned Audis, " Rupert Stadler, chief executive of Volkswagen's premium brand, Audi, said during the Auto China show in Beijing.