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  • FDA puts partial hold on CytRx cancer drug trials Tuesday, 18 Nov 2014 | 6:36 AM ET

    Nov 18- CytRx Corp said the United States Food And Drug Administration has placed a partial hold on clinical trials of its experimental cancer drug after a patient died. CytRx shares were down 10 percent in premarket trading. The patient received the drug, aldoxorubicin, under the company's expanded access program that makes promising drugs and devices...

  • Nokia announces new brand-licensed tablet computer Tuesday, 18 Nov 2014 | 6:34 AM ET

    HELSINKI, Nov 18- Finland's Nokia announced a brand-licensed tablet computer which runs on Google's Android platform, just six month after the company sold its ailing phones and devices business to Microsoft for over $7 billion. Nokia said the manufacturing, distribution and sales of the N1 tablet will be handled by Taiwan's Foxconn. After the 5.6...

  • *FTSEurofirst 300 up as PM Abe calls Japan election, delays tax rise. LONDON, Nov 18- European shares rose and bond yields fell on Tuesday on hopes that a snap election and delayed tax increase in Japan might lead to more economic stimulus measures, which also knocked the yen to its lowest since 2007.. The yen fell to a seven-year low against the dollar after Abe's...

  • LONDON, Nov 18- Gold jumped 1.5 percent to a 2-1/ 2 week high above $1,200 an ounce on Tuesday as the dollar softened against the euro, due partly to better-than-expected German economic data. "We are seeing a corrective bounce, but it looks like we have already done quite a lot from the $1,130 lows a couple of weeks ago," Societe Generale analyst Robin Bhar said.

  • JAKARTA, Nov 18- Indonesia's central bank, moving quickly to contain inflation after the government raised fuel prices more than 30 percent, hiked its benchmark interest rate by 25 basis points to 7.75 percent on Tuesday. In his first major economic policy decision, President Joko Widodo on Monday night raised subsidised gasoline and diesel prices by more than...

  • Home Depot quarterly profit rises 14 pct Tuesday, 18 Nov 2014 | 6:09 AM ET

    Nov 18- Home Depot Inc, the world's largest home improvement chain, reported a 14 percent rise in quarterly profit as an improving job market encouraged Americans to spend more on renovations. Net income rose to $1.54 billion, or $1.15 per share, in the third quarter ended Nov. 2, from $1.35 billion, or 95 cents per share, a year earlier. Net sales rose 5.4 percent to...

  • LONDON, Nov 18- The rouble jumped 0.8 percent on Tuesday and Russian shares rose after the European Union held off imposing new sanctions though broader emerging equities slipped for the fourth day, their mood soured by weak Chinese housing data. The rouble rose to a five-session high to the dollar as European Union governments sounded the alarm on an upsurge in...

  • METALS-Copper slips on weak China property sector Tuesday, 18 Nov 2014 | 5:54 AM ET

    *China home prices fall for second consecutive month in Oct. LONDON, Nov 18- Copper prices dipped on Tuesday, as disappointing property sector data from China raised concerns about the outlook for demand from the world's top metals consumer. Copper prices have stayed between $6,500 and $6,800 a tonne since mid-September.

  • *FTSEurofirst 300 up 0.5 pct, Euro STOXX 50 up 0.8 pct. The FTSEurofirst 300 index of top European shares was up 0.5 percent at 1,359.08 points, with the euro zone-only Euro STOXX 50 up 0.8 percent at 3,111.15 points. The indexes were extending gains from the previous session, when the European Central Bank President Mario Draghi said the bank's stimulus is gaining...

  • BEIJING, Nov 18- China's home prices fell in October by the most since 2011, Reuters calculations show, in spite of government support measures to try to end a national downturn that threatens to stifle economic growth. "China's housing market is still on the way down in its correction," said Bill Adams, senior international economist for PNC Financial Services...

  • JAKARTA, Nov 18- Indonesia's central bank, moving quickly to contain inflation after the government raised fuel prices more than 30 percent, hiked its benchmark interest rate by 25 basis points to 7.75 percent on Tuesday. Bank Indonesia kept its overnight deposit facility rate, known as Fasbi, unchanged at 5.75 percent and raised its lending facility rate by 50...

  • MOSCOW, Nov 18- Russia's central bank has bought around 150 tonnes of gold to add to its reserves so far this year, the bank's Governor Elvira Nabiullina told the lower house of parliament on Tuesday.

  • *Sony has struggled with weak smartphone sales. TOKYO, Nov 18- Sony Corp aims to lift its movie entertainment revenues by more than a third in the next three years, its chief executive said on Tuesday as the loss-making consumer electronics firm tries to counter flagging smartphones sales. Investors are also watching for signs that Sony's restructuring under...

  • TOKYO, Nov 18- Japanese Prime Minister Shinzo Abe said on Tuesday he would delay a planned rise in the nation's sales tax to 10 percent till April 2017 and call a snap election to seek a fresh mandate, just two years after taking office. The economy unexpectedly slipped into recession in the third quarter, data released on Monday showed, a sign the pain from an initial...

  • RUSSIAN CENTRAL BANK GOVERNOR NABIULLINA SAYS CENBANK HAS BOUGHT AROUND 150 TONNES OF GOLD SO FAR THIS YEAR.

  • RUSSIAN CENTRAL BANK GOVERNOR NABIULLINA SAYS GOLD CONSTITUTES AROUND 10 PCT OF RUSSIA'S GOLD AND FOREX RESERVES, BANK HAS ACTIVELY BOUGHT GOLD THIS YEAR.

  • MOSCOW, Nov 18- Russia's central bank governor defended on Tuesday the bank's decision to float the rouble, saying continuing to manage the exchange rate would have led to bigger losses of gold and foreign exchange reserves. Nabiullina also said Russia's financial markets were more resilient than in previous years and that the rouble had potential to...

  • LONDON, Nov 18- Brent crude oil reversed early losses to rise back towards $80 a barrel on Tuesday, recovering from last week's four-year low as speculation increased that OPEC could cut output at its meeting on Nov. 27. The head of Russia's state-backed oil giant Rosneft will fly to Vienna on Nov. 25, just two days before OPEC members meet in the city.

  • TOKYO, Nov 18- Japanese Prime Minister Shinzo Abe told ruling party leaders on Tuesday that he will delay an unpopular sales tax rise and call a snap election, a public TV broadcaster reported, a day after data showed the economy had slipped back into recession. Abe was expected to announce the delay of a second planned rise to 10 percent from October 2015- most...

  • BEIJING, Nov 18- China needs to hit its "peak coal" use by 2020 if it is to fulfil its commitment to end growth in climate-warming carbon emissions by the end of the next decade, an influential government think tank said on Tuesday. Su Ming, a researcher with the Energy Research Institute, run by China's National Development and Reform Commission, said while "peak coal"...