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  • SHANGHAI, March 6- China stocks fell on Friday as investors digested comments by top officials that highlighted growth and debt challenges the country faces this year. The CSI300 index of the largest listed companies in Shanghai and Shenzhen fell 0.5 percent on Friday, to 3,478.52, while the Shanghai Composite Index lost 0.2 percent, to 3,241.19 points.

  • March 6- Lower-cost versions of biological drugs, known as biosimilars, are taking aim at some of the world's biggest-selling medicines. Unlike chemical compounds, such as aspirin or statins, these biotech products are made of hormones, antibodies and other proteins. DIFFERENT REGULATORY PATHWAYS Biosimilars are already sold in Europe, Japan and other parts...

  • *FDA set to decide on approval of Novartis' Zarxio. LONDON/ LOS ANGELES, March 6- A revolution is brewing in healthcare with lower-cost copies of complex biotech drugs finally set to reach the United States, nine years after so-called biosimilars were launched in Europe. The first approval for a biosimilar in the United States is expected imminently- Zarxio,...

  • Aided by foreign technology acquired during three decades of development, China has the highest number of reactors being built and ambitions to export its home-grown models to an overseas market worth hundreds of billions of dollars. And in a sign of progress on exporting its own nuclear technology, China signed a preliminary agreement last month to sell its...

  • March 6- Apple Inc has allowed some companies to test their apps on its yet-to-be-launched Apple Watch and adjust the tools to the watch's design, Bloomberg reported. Facebook Inc, United Continental Holdings Inc, BMW AG and others have spent weeks at Apple's headquarters, working with the smartwatch to test and fine-tune apps that will debut alongside the...

  • India will produce 1.5 billion tonnes of coal by the end of this decade, Coal Secretary Anil Swarup told the Coaltrans India conference this week in New Delhi. He still has the problem that nobody believes that state-controlled behemoth Coal India will be able to double its output to 1 billion tonnes per annum within five years. Then there is the challenge of...

  • SHANGHAI/ HONG KONG, March 6- An industrial city in eastern China has closed several factories, including many steel and nickel pig iron producers, in an apparent sign the government is stepping up enforcement of a new environmental law in the face of growing public discontent over pollution. China's vast and energy-intensive steel sector is at the heart of the...

  • TOKYO, March 6- Japan's Nikkei share average rose to a fresh 15- year high on Friday as encouraging comments from the European Central Bank lifted sentiment, but FamilyMart Co fell on news that it was in merger talks with UNY Group Holdings Co. The Nikkei ended 1.2 percent higher at 18,971.00 points, its best closing level since April 2000. FamilyMart dropped 2.2...

  • *U.S. nonfarm payrolls forecast rising 240,000 in February. WASHINGTON, March 6- U.S. employment likely rose strongly in February with the jobless rate slipping, signs that could encourage the Federal Reserve to consider hiking interest rates in June. "The jobs picture remains extraordinary healthy," said Jacob Oubina, an economist at RBC Capital Markets in New...

  • NEW YORK, March 6- U.S. consumers battered by the wretched winter weather still afflicting much of the eastern half of the country have responded by ordering in rather than eating out, flying more frequently to Florida and cutting out trips to the mall, according to a Reuters review of company data. While the relentless weather has dented traffic and sales for...

  • The company at the forefront of the race, Google Inc, is creating intricate maps that detail every tree and curb along the road- an expensive endeavor that other companies could find difficult to match. Raj Rajkumar, one of the leading experts on self-driving cars at Carnegie Mellon University, said the map-based approach makes sense for a company with Google's...

  • SAN FRANCISCO/ NEW YORK, March 6- Avago Technologies Ltd may be one of the pacesetters among companies looking to make a purchase in the semiconductor industry after its advanced talks last month to acquire Freescale Semiconductor Ltd fell through. Demand for cheaper chips and new products to power Internet-connected gadgets is expected to drive chip...

  • NEW YORK, March 6- Asked last week about his agenda if elected, presumptive Republican presidential candidate Scott Walker began: "Should I choose to be a candidate..." Like the other would-be Republican candidates who took the stage over three days in Washington at the Conservative Political Action Conference, the Wisconsin governor studiously avoided...

  • "The stronger dollar, all else equal, is a drag on U.S. growth," San Francisco Federal Reserve Bank President John Williams said, adding that his own forecast for just less than 3- percent growth in the U.S. economy incorporates the drag from the strong dollar.

  • SINGAPORE, March 6- Brent crude rose above $61 a barrel on Friday amid geopolitical tensions in Libya and Iraq, while traders eyed U.S. rig counts and the outcome of Iran nuclear talks for further trading cues. Fighting has escalated in northeast Iraq where the Islamic State militants have lit up oil wells to deter Shi'ite militiamen and Iraqi soldiers from...

  • HONG KONG, March 6- Shares in Hanergy Thin Film Power Group fell as much as 9 percent on Friday, a day after the Hong Kong bourse asked the Chinese company about a stock price surge that transformed it into the world's most valuable renewable energy firm. The gain has outstripped the average 13 percent rise in the TRBC index that tracks Chinese renewable energy...

  • TOKYO, March 6- Japanese government bond yields declined mildly on Friday as the investors took heart after seeing strong results at the Bank of Japan's regular debt purchasing operation. A decline by Tokyo's Nikkei also helped JGBs, although caution ahead of the U.S. non-farm payrolls data due later limited the decline in yields. Details of the European...

  • SHANGHAI, March 6- China stocks were mixed on Friday morning, as investors appeared uninspired by the economic outlook presented at the country's annual parliamentary meeting, where the premier called slower growth the "new normal". "The central bank needs more monetary easing measures to spur growth," said Liu Haiying, chief economist at Shanghai- based hedge...

  • HONOLULU, March 5- Federal Reserve policymakers should not wait too long to raise interest rates, a top U.S. central banker said on Thursday, because doing so could mean "drastically" overshooting on inflation and forcing the Fed to hike rates dramatically. "I think that by mid-year it will be the time to have a serious discussion about starting to raise rates," San...

  • March 5- Apple Inc has allowed some companies to test their apps on its yet-to-be-launched Apple Watch and adjust the tools to the watch's design, Bloomberg reported. Facebook Inc, United Continental Holdings Inc, BMW AG and others have spent weeks at Apple's headquarters, working with the smartwatch to test and fine-tune apps that will debut alongside the...