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  • CHILEAN AUTHORITIES SAY 2 CONFIRMED DEAD, 3 SERIOUSLY INJURED DUE TO EARTHQUAKE IN COUNTRY'S NORTH.

  • Brent holds above $105, inventory data in focus Tuesday, 1 Apr 2014 | 11:02 PM ET

    SINGAPORE, April 2- Brent crude steadied above $105 a barrel on Wednesday but was still near a five-month low, with investors waiting for more U.S. inventory data to assess demand in the world's largest oil consumer.

  • *Copper jumps but pares gains as short-covering subsides. SYDNEY, April 2- London copper climbed to its highest in more than three weeks on Wednesday after a powerful earthquake off the coast of top mine supplier Chile triggered a tsunami alert, which raised supply concerns and set off a volley of technical buying.

  • SANTIAGO, April 1- Chile's Interior Minister Rodrigo Penailillo said a tsunami alert for the country's coastline will remain in place for at least another six hours following a major earthquake.

  • LAUNCESTON, Australia, April 2- Cotton and natural rubber appear to have little in common, other than being agricultural commodities, but both are currently hostage to developments in China.

  • SYDNEY/ TOKYO, April 2- The yen found little reprieve on Wednesday and hit a 10- week low against the dollar, as risk appetite stayed buoyant and investors continued to bet on more stimulus from China.

  • CHILE INTERIOR MINISTER SAYS TSUNAMI ALERT FOR CHILE'S COASTLINE WILL GO ON FOR AT LEAST ANOTHER 6 HOURS FOLLOWING QUAKE.

  • *Cotton mkts around world watch as China unwinds stockpiling. BEIJING, April 2- The first auction of raw cotton by China's state stockpiler since cutting its minimum bidding price met with strong demand on Tuesday, with appetite at future sales expected to stay robust as the country looks to offload its massive reserves.

  • China has also put its own military build-up on full display, including dedicating high-resolution satellites and advanced warships to the hunt for the jetliner. But Malaysian authorities face heavy criticism, particularly from China, for mismanaging the effort, now in its fourth week, and holding back information.

  • BRASILIA, April 1- Brazil's lower chamber of Congress approved legislation on Tuesday that simplifies taxation on the profits earned abroad by Brazilian companies, but also raised corporate worries.

  • *Apple interested, could pay 500 bln yen- Nikkei. TOKYO, April 2- Japanese chipmaker Renesas Electronics Corp said it was considering selling a unit that designs display control chips, and media reports said Apple Inc is in talks to buy it for about 50 billion yen. The unit, Renesas SP Drivers, designs chips for Apple's iPhone, according to industry sources.

  • WASHINGTON, April 1- Both the Lockheed Martin Corp and Austal versions of the U.S. Navy's new coastal warship performed well in a major war game last week and surprised some "enemies" with their capabilities, a top Navy admiral said on Tuesday.

  • TOKYO, April 2- Japan's Kyushu Electric Power Co has become the second nuclear generator to seek state support this week as reactors across the country remain idled and industry losses mount three years after the Fukushima nuclear disaster.

  • WASHINGTON, April 1- Both the Lockheed Martin Corp and Austal versions of the U.S. Navy's new coastal warship performed well in a major war game last week and surprised some "enemies" with their capabilities, a top Navy admiral said on Tuesday.

  • SANTIAGO, April 1- Mines in world No. 1 copper producer Chile appear to have emerged unscathed from a major quake that struck near the mineral-rich north of the Andean country on Tuesday. Chile's Collahuasi copper mine and port have not reported any problems so far following the 8.2- magnitude earthquake, Chief Executive Officer Jorge Gomez told Reuters.

  • SYDNEY, April 2- London copper climbed to its highest in more than three weeks on Wednesday after a powerful earthquake off the coast of top mine supplier Chile triggered a tsunami alert, which raised supply concerns and set off a volley of technical buying.

  • Even sluggishness in China is now considered favourably since it adds to the case for stimulus, and there are signs Beijing is hastening infrastructure spending in response. Trading was cautious, however, ahead of Thursday's meeting of the European Central Bank and Friday's U.S. jobs numbers, both of which could move markets in major ways.

  • *Renesas at 3- yr high, Apple reportedly in talks to buy unit stake. TOKYO, April 2- Japan's Nikkei share average bounced back to a three-week high on Wednesday, tracking gains on Wall Street, while Renesas Electronics Corp jumped on a report that Apple is in talks to buy its stake in a chip design unit.

  • SANTIAGO, April 1- A major earthquake of magnitude 8.2 struck off the coast of Chile on Tuesday, triggering a tsunami that hit the northern part of the country, but the government said there was no serious damage and no reports of deaths. Chile is the world's No. 1 copper producer but key mining firms said there was no serious damage to their operations.

  • April 1- A tsunami warning could be issued for Hawaii due to a magnitude 8.0 earthquake that struck on Tuesday off the coast of Chile, U.S. officials said. If tsunami waves reach Hawaii they would strike at 3:24 a.m. local time on Wednesday, the Pacific Tsunami Warning Center said in a statement.