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  • TOKYO, Dec 14- Japan's Nikkei share average tumbled more than 3 percent to a 7-1/ 2- week low on Monday as global oil prices extended their plunge, adding to nervousness ahead of an expected U.S. interest rate hike this week. The Nikkei dropped 3.2 percent to 18,611.09 points by midmorning, the lowest since Oct. 22, as investors sold riskier assets.

  • TOKYO, Dec 14- Japan's Nikkei share average tumbled more than 3 percent to a 7-1/ 2- week low on Monday as global oil prices extended their plunge, adding to nervousness ahead of an expected U.S. interest rate hike this week. The Nikkei dropped 3.2 percent to 18,611.09 points by midmorning, the lowest since Oct. 22, as investors sold riskier assets.

  • TOKYO, Dec 8- Japan's Nikkei share average fell on Tuesday, with sharp declines in oil and commodity shares offsetting news that the economy had dodged a recession in the third quarter. Inpex Corp tumbled 5.4 percent and Japan Petroleum Exploration shed 3.5 percent. Mitsubishi Corp dropped 2.3 percent, Sumitomo Corp shed 2.4 percent and Mitsui& Co declined 2.5...

  • Dec 1- A federal judge ordered Anadarko Petroleum Corp to pay a $159.5 million civil fine reflecting its stake in the Gulf of Mexico well whose 2010 blowout caused the largest U.S. offshore oil spill. The penalty equates to $50 per barrel of oil spilled, well below the maximum $1,100 per barrel, or $3.51 billion, penalty that Barbier could have imposed under the...

  • *Toshiba outperforms after releasing bullish outlook on Westinghouse. TOKYO, Nov 30- Japan's Nikkei share average fell on Monday morning as investors awaited key global policy and data events this week, while Japan's industrial production data failed to support sentiment. Japan's industrial output rose 1.4 percent in October from the previous month, up for a...

  • A joint venture of Chicago Bridge& Iron Co of the United States and Taiwan's CTCI will be awarded the contract for a steam cracker and utilities, ORPIC said. In a separate statement, Chicago Bridge& Iron said that contract would be worth about $2.8 billion. Italy's Tecnimont will win a contract for plastics units, South Korea's GS Engineering and Construction and...

  • A visitor looks at an electronic stock board at the Tokyo Stock Exchange (TSE), operated by Japan Exchange Group Inc. (JPX), in Tokyo, Japan.

    Asian stocks were battered on Friday, amid sharp falls in commodity prices and growing expectations that the Fed will hike rates next month.

  • *Toshiba dives after confirming Westinghouse's losses. TOKYO, Nov 13- Japan's Nikkei share average tumbled on Friday morning, snapping a seven-day winning streak after a sharp drop in Wall Street and as weaker commodity prices weighed on stocks such as metals companies and trading houses. Underperforming the already weak market was Toshiba Corp, which dived...

  • Australia's Santos ended months of uncertainty on Monday, opting to raise $2.5B through two share sales and the sale of a stake in a gas field.

  • RIO DE JANEIRO, Oct 23- State-controlled Petróleo Brasileiro SA's board approved selling a minority stake in a natural gas distribution unit to Japan's Mitsui& Co Ltd for 1.9 billion reais in a key step toward disposing of non-essential assets to repay debt. Investors and analysts have spotted Mitsui as a natural buyer for some of Petrobras' non-core assets...

  • RIO DE JANEIRO, Oct 23- State-controlled Petróleo Brasileiro SA's board approved on Friday selling a minority stake in a natural gas distribution unit to Japan's Mitsui& Co Ltd, although finalizing the deal hinges on some aspects yet to be negotiated, a source with direct knowledge of the matter said. Petrobras, as the oil producer is commonly known, has been...

  • Mitsui to boost holdings of FX-hedged and unhedged bonds by about Y50. Taiyo to consider slightly increasing holdings Daido to further increase holdings after buying Y90 bln in first half. Fukoku to increase planned annual domestic and foreign bonds investment.

  • MELBOURNE, Oct 22- Australia is set to boost its dominance of the global trade in steel-making coal, as cost cutting and better margins due to a slide in the local dollar stoke a rise in production and put pressure on U.S. rivals to cut output. "As China's import flows stabilise and higher-cost North American production exits, BHP Billiton will be left as the dominant...

  • *China's benchmark ambition could further hit London liquidity. VIENNA, Oct 19- As the London gold market enters its next phase of reform, a sense of urgency is key because competitors, including commodity consuming giant China, are poised with new products to grab liquidity and global influence. "There are too many vested interests and China is likely to win the...

  • TOKYO, Oct 13- Japan's Nikkei share average fell on Tuesday morning as profit-taking from last week's gains hit home and oil-related stocks were sold on lower oil prices. Inpex Corp fell 3.6 percent and Japan Petroleum Exploration Co shed 1.9 percent. Trading houses were also lower, with Mitsubishi Corp shed 2.5 percent and Mitsui& Co dropped 2.2 percent.

  • SINGAPORE, Oct 13- Gold steadied near a three-month high on Tuesday, as investors pushed back expectations of a Federal Reserve interest rate hike to next year and on a weaker dollar. *Spot gold was little changed at $1,161.96 an ounce by 0037 GMT, after a two-day rally. *The Fed should hold off on any rate hike until it is clear that a global slowdown, trouble in China and...

  • LONDON, Oct 12- Mitsui will close its precious metals businesses in London and New York at the end of this year, two sources familiar with the situation said, due to sliding commodity prices and more stringent regulation. "Mitsui is shutting down precious in London and New York in December," one source said. Mitsui& Co. Precious Metals Inc, a wholly-owned subsidiary of...

  • Eletrobras' corruption probe zeroes in on Brazilian dams Wednesday, 7 Oct 2015 | 11:10 AM ET

    SAO PAULO, Oct 7- A commission hired by Brazil's state-run energy utility Eletrobras to probe possible violations of U.S. and Brazilian anti-corruption laws involving the company is studying three Amazonian dam projects and a nuclear power plant, two sources familiar with the investigation said. One of the sources said the commission is sharing its...

  • Sept 29- Japanese stocks tumbled more than 4 percent and turned negative for the year on Tuesday, as fears about China's cooling economy rippled through global markets and pummeled shares of commodity-linked firms and shippers. "Today's market shows that investors are concerned about the global economic outlook," said Hiroaki Mino, director of investment...

  • *Banks include UBS, Julius Baer, Deutsche and Barclays. ZURICH, Sept 28- The Swiss competition regulator has opened an investigation into possible collusion in the precious metals market by several major banks, it said on Monday, the latest in a string of manipulation probes. Switzerland's WEKO watchdog said its investigation, the result of a preliminary probe,...