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  • RUSSIAN C.BANK FIRST DEPUTY GOVERNOR YUDAYEVA SAYS SEES A SPIKE IN INFLATIONARY EXPECTATIONS, "THIS IS QUITE DANGEROUS".

  • HIROSHIMA, Japan, Nov 26- A Bank of Japan board member who voted for last month's huge monetary expansion defended the move on Wednesday, saying that failing to act would have cast doubt on the bank's determination to hit its price goal and undermined its credibility. Having deployed "the maximum scale of stimulus possible," the BOJ can now wait to see how much the...

  • *Crude oil extends losses ahead of Thursday's OPEC summit. Oil prices were also under pressure as major oil producing nations failed to agree on curbs to output ahead of an OPEC meeting on Thursday. MSCI's broadest index of Asia-Pacific shares outside Japan gained 0.4 percent.

  • TOKYO, Nov 26- Japanese stocks edged down on Wednesday as investors cautiously awaited a slew of U.S. economic data and a holiday-shortened U.S. trading week dampened risk appetite, while Honda Motor Co fell sharply after under-reporting accidents. The Nikkei benchmark ended 0.1 percent lower at 17,383.58. Honda tumbled 2.9 percent to a one-week low after...

  • BRUSSELS, Nov 26- At a technology fair in Moscow last month, European executives faced the new reality of doing business in Russia since the West imposed sanctions: the number of companies at the international showcase had shrunk by half from a year ago. The company lost Russia's biggest shipbuilder as a client when the United States and the European Union...

  • LAUNCESTON, Australia, Nov 26- China has done two surprising things in oil markets recently; pledging to be more open about its strategic stockpiling and buying crude very openly in the daily trading window in Singapore. Since 2009, China has tended to boost crude purchases when it judges prices to be cheap on a relative basis. The bulk of these extra purchases...

  • METALS-LME copper losses checked by looming U.S. data Wednesday, 26 Nov 2014 | 12:08 AM ET

    SYDNEY, Nov 26- London metals mostly traded lower, with copper losses held in check on expectations of a flood of positive U.S data later on Wednesday. Most of the London Metal Exchange complex recoiled as signs of weak demand growth in China made for an uncertain fundamental outlook. Three-month copper stood at $6,598.50 a tonne at 0452 GMT, down $7.50 from the...

  • SHANGHAI, Nov 26- China's yuan edged up on Wednesday after the central bank set the guidance rate at an eight-month high, signalling that policymakers don't intend to let the currency depreciate for now, traders said. The People's Bank of China fixed the yuan's daily midpoint at 6.1354 per dollar, the highest level since mid-March, up 0.06 percent from the...

  • *Hong Kong indexes follow the mainland market, caution. SHANGHAI, Nov 26- China stocks rose on Wednesday, due to gains for brokerages and other finance-sector shares that continue to welcome the central bank's surprise interest rate cut on Friday. Huatai Securities jumped its 10 percent daily limit after it said it won approval to list in Hong Kong.

  • FOREX-Dollar marks time ahead of holiday, U.S. data Tuesday, 25 Nov 2014 | 11:26 PM ET

    *Position squaring keeps greenback penned ahead of Thanksgiving. TOKYO/ SYDNEY, Nov 26- The dollar edged lower against the yen on Wednesday but mostly stuck to recent ranges ahead of the U.S. "People are just squaring up ahead of the holiday," said Bart Wakabayashi, head of forex at State Street in Tokyo.

  • Nov 25- Discover Financial Services Inc sued Visa Inc on Tuesday, alleging the world's largest cards company has been using anti-competitive practices in its debit card business, and sought compensation for lost profit, court documents showed. Discover, through its Pulse Network LLC unit, alleges that "in order to maintain its monopoly, Visa has undertaken a...

  • Nov 25- Discover Financial Services Inc sued Visa Inc on Tuesday, alleging the world's largest cards company has been using anti-competetive practices in its debit card business, and sought compensation for lost profit, court documents showed. Discover, through its Pulse Network LLC unit, alleges that "in order to maintain its monopoly, Visa has undertaken a...

  • WELLINGTON, Nov 26- Internet entrepreneur Kim Dotcom, one of the world's most wanted cyber fugitives, says his nearly three-year fight against extradition to the United States to face online piracy charges has left him broke. Dotcom, the New Zealand resident who once flaunted a fleet of vintage cars, a fully staffed rented mansion and globe-trotting holidays,...

  • TOKYO, Nov 26- Japanese government bond prices were steady to slightly lower on Wednesday, drawing little help from solid U.S. Treasuries overnight as investors stayed on the sidelines ahead of a 40- year bond auction. The current 10- year JGB yield stood flat at 0.445 percent while the 20- year yield rose 0.5 basis point to 1.225 percent.

  • South Korea makes $500 mln oil payment to Iran -sources Tuesday, 25 Nov 2014 | 10:29 PM ET

    SEOUL, Nov 26- South Korea has transferred $500 million to Iran to pay for crude oil imports under an interim nuclear deal that provides limited relief from sanctions, two sources with direct knowledge of the matter said. The interim accord between Iran, the United States, China, France, Germany, Britain and Russia was extended on Monday for seven months to allow for...

  • HIROSHIMA, Japan, Nov 26- A Bank of Japan board member who voted for last month's huge monetary expansion programme said that failing to act would have cast doubt on the bank's determination to hit its price goal and undermined its credibility. Sayuri Shirai, one of the two academics who held casting votes in last month's close-call decision, said she initially...

  • METALS-Copper rebounds on upgrade to U.S. GDP data Tuesday, 25 Nov 2014 | 9:36 PM ET

    GDP data after slipping overnight, while Shanghai futures faced downward pressure. *Three-month copper stood at $6,608.75 a tonne at 0200 GMT, up $2.75 from the London close. *The most-traded January copper contract on the Shanghai Futures Exchange slipped 0.9 percent to 47,250 yuan a tonne.

  • *But hopes for OPEC production cut support prices. SINGAPORE, Nov 26- Oil prices dropped early on Wednesday as Asia's top economies showed signs of weakness, but hopes for output cuts by producer club OPEC curbed losses. In South Korea, a top state-run research institute warned the Bank of Korea against underestimating the danger of Asia's fourth-largest...

  • WASHINGTON, Nov 25- The Environmental Protection Agency is expected to propose on Wednesday more stringent air quality standards for ground-level ozone, the main culprit in smog, sources said. The tougher standards would be closer to the proposal drafted in 2011 by former EPA Administrator Lisa Jackson, which was withdrawn by President Barack Obama before...

  • *Honda drops on under-reporting of accidents. Honda led the Nikkei's losses, falling 2.8 percent after admitting it had failed to report serious accidents in the U.S. since 2003. The automaker has been at the centre of investigations into defects in Takata Corp airbags. Investors are likely to take profits after recent gains on the back of the Bank of Japan's...