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BlackRock has bought private-equity real estate fund MGPA in a deal that boosts its presence in Asia and continental Europe.
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WASHINGTON- President Barack Obama will nominate White House Chief of Staff Jack Lew to be his next Treasury secretary, choosing a budget expert and close confidant to spearhead tough fiscal fights with Congress over the U.S. deficit.
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*Oil gains on China demand, Saudi output cuts. The export rebound in the world's second largest economy also lifted U.S. stock index futures, pointing to a firmer open on Wall Street and earlier boosted Asian markets, sending the MSCI world equity index up 0.3 percent.
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LONDON, Jan 10- The euro rose against the dollar and the yen on Thursday after the European Central Bank left interest rates on hold and following strong demand at an auction of Spanish debt. Still, market participants were wary that the ECB may signal further rate cuts in the coming months at a news conference from ECB President Mario Draghi at 1330 GMT.
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LONDON, Jan 10- Investors sifting through analysts' new year predictions for stock market movements may want to press "delete" and look instead for sound companies, as history shows equity index forecasts are usually wrong.
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*Saudi Arabia cuts oil output to just over 9 mln bpd. LONDON, Jan 10- Brent crude oil rose more than $1 to a 12- week high on Thursday after news of a sharp cut in Saudi oil production, an explosion in Yemen that halted most of the country's oil exports and bullish Chinese trade data.
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LONDON, Jan 10- Raw sugar and arabica coffee futures nudged higher on Thursday, supported by index rebalancing activity, while cocoa was also higher as upbeat trade data from China boosted commodities and world shares.
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RUSTENBURG, South Africa/ LONDON, Jan 10- Miner Evans Ramokga has a warning for Anglo American as the mining group prepares to unveil a revival plan for its South African platinum business: don't close any shafts.
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LONDON, Jan 10- A leading European share index traded flat on Thursday, holding near two-year highs, after Spain saw good demand at an auction of government debt and following further evidence of improving economic conditions in China.
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*China exports grew 14.1 percent in December. *China copper imports fell 6.6 percent in December. LONDON, Jan 10- Copper rose on Thursday on a weaker dollar and a strong rebound in top metals consumer China's total export growth, but lower imports of copper and a still murky outlook for trade with the rest of the world kept investors cautious.
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*Brent oil gains $1 a barrel on hopes of China demand. However, gains in Europe's equity markets were more limited with investors waiting for European Central Bank President Mario Draghi to give his views on the outlook for the recession-bound euro zone after a rate setting meeting later in the day.
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*Gold-platinum ratio at tightest since April 2012. LONDON, Jan 10- White metals stole a march on bullion on Thursday, with gains in platinum and palladium outpacing those of gold as data pointed to an improved economic backdrop in China. By 1117 GMT, platinum was up 0.8 percent at $1,606.50 per ounce, while palladium had surged 1.8 percent to $695.90.
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LONDON, Jan 10- The euro rose against the dollar and the yen on Thursday after strong demand at a Spanish bond auction, but further gains were likely to be limited before a European Central Bank interest rate decision.
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*Saudi Arabia cuts oil output to just over 9 mln bpd. LONDON, Jan 10- Brent crude oil rose more than $1 to around $113 per barrel on Thursday after news of a sharp cut in Saudi oil production, an explosion in Yemen which halted most of the country's oil exports and following bullish Chinese trade data.
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BRUSSELS, Jan 10- ArcelorMittal has raised a bigger-than-expected $4 billion selling shares and convertible bonds to strengthen its balance sheet, leaving the world's largest steelmaker better placed to cope with tough markets.
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*Miners supported by strong China trade data. LONDON, Jan 10- European shares were a touch higher on Thursday after more evidence of improving economic conditions in China, though uncertainty ahead of a European Central Bank policy decision later in the session limited gains.
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*Brent oil over $112 a barrel on hopes of China demand. However, gains in Europe's equity markets were more limited with investors waiting to hear what European Central Bank President Mario Draghi says about the outlook for the recession-bound euro zone after a policy meeting later in the day.
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LONDON, Jan 10- The dollar neared a 2-1/ 2- year high against the yen on Thursday, with the Japanese currency looking susceptible to further losses on increasing bets of easier policy by the country's central bank. The dollar was up 0.5 percent on the day against the yen at 88.30 yen, not far from 88.48 yen hit Friday, its highest level since July 2010.
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China's import and export growth in December were well above most projections, widening the country's trade balance to $31.6 billion from $19.6 billion in November, and boosting Asian shares. "Risk is back on after the China data," said Carsten Fritsch, senior oil analyst at Commerzbank in Frankfurt. "
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LONDON, Jan 10- European shares saw modest early gains on Thursday after more evidence of improving economic conditions in China, though investors were cautious before a policy decision from the European Central Bank later in the session.
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At 0701 GMT, futures for Euro STOXX 50 and Germany's DAX were each up 0.2 percent, while those for France's CAC and Britain's FTSE 100 gained 0.1 percent.