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  • *Gold recovers from overnight low of $1,278.34/ oz. LONDON, April 1- Gold prices steadied on Tuesday, recovering early losses, as comments from Federal Reserve Chair Janet Yellen defending easy-money policies hurt the dollar, while a drop to seven-week lows overnight sparked interest from bargain-hunting buyers.

  • US STOCKS-Futures climb ahead of manufacturing data Tuesday, 1 Apr 2014 | 7:50 AM ET

    *China manufacturing struggles in March but shows expansion. *Medicines Co tumbles after court ruling. The final Markit manufacturing PMI for March is due at 9:45 a.m. EDT and the Institute for Supply Management's manufacturing reading for March is due at 10:00 a.m..

  • Soybeans on the Chicago Board of Trade climbed to a 6-1/ 2 month high as the government data heightened concern about tight old crop supplies while U.S. wheat prices were slightly lower.

  • TOKYO, April 1- Japan is considering expanding a controversial program that now offers workers from China and elsewhere permits to work for up to three years, as the world's fastest-aging nation scrambles to plug gaps in a rapidly shrinking workforce.

  • DUBAI, April 1- Saudi Arabian conglomerate Ahmad Hamad Algosaibi& Brothers estimates its assets are worth less than a quarter of about $5.9 billion in claims made against it, a spokesman said as the group prepares a proposal to end one of the Middle East's biggest corporate debt disputes.

  • WASHINGTON, April 1- Executives for Caterpillar Inc will defend the company's offshore tax strategies at a U.S. Senate hearing on Tuesday held by a panel known for shedding light on corporate tax avoidance.

  • MEXICO CITY, April 1- Mexico is considering rigid rules that would ensure a hefty cut of the spoils of a landmark energy overhaul go to Mexican firms, but that could jeopardize billions of dollars in investment from oil majors seen as key to future growth.

  • MUMBAI, April 1- The Reserve Bank of India on Tuesday barred foreign investors from buying government debt with less than one-year maturity to encourage longer-term fund inflows and reduce the country's dependence on hot money.

  • "The technology exists now to do it, but it is not clear how practical it would be," Tony Tyler, director general and chief executive of the International Air Transport Association, told reporters at a news conference in Kuala Lumpur.

  • LONDON, April 1- Lifting the ban on U.S. oil exports would cut gasoline and diesel prices for motorists, boost the national economy and create up to 300,000 new jobs, according to a study commissioned by the American Petroleum Institute.

  • *Ten planes, nine ships resume hunt west of Perth. *Malaysia PM heading to Perth to visit search base. Malaysia on Tuesday released the full transcript of communications between the Boeing 777 and local air traffic control before it dropped from civilian radar in the early hours of March 8 as it flew from Kuala Lumpur to Beijing.

  • *Bonded China copper premiums fall $10 to $80- $100- Shmet. LONDON, April 1- Copper steadied on Tuesday as weak manufacturing data from top consumer China reinforced expectations that the country could move to stimulate its flagging economy and boost demand for industrial metals.

  • LONDON/ BEIJING, April 1- Major economies in Asia and Europe finished the first quarter on a weaker note, with key manufacturing surveys fuelling expectations policymakers may be forced to act in coming months to prop up faltering growth.

  • *Gold recovers from overnight low of $1,278.34/ oz. LONDON, April 1- Gold prices rose on Tuesday, recovering early losses, as comments from Federal Reserve Chair Janet Yellen defending easy-money policies hurt the dollar, while a drop to seven-week lows overnight sparked interest from bargain-hunting buyers.

  • *India keeps policy repo rate at 8 percent. MUMBAI, April 1- With elections looming and an uncertain economic growth outlook, India's central bank left interest rates on hold on Tuesday, as expected, and indicated it will keep rates steady in the near term if inflation eases towards the bank's targeted level.

  • *China's official PMI improves, but stimulus hopes intact. *Gold, yen retreat as risk appetite returns. Major currencies and bonds continued their cautious jockeying before this week's European Central Bank meeting and U.S. jobs data.

  • MUMBAI, April 1- The Reserve Bank of India on Tuesday barred foreign investors from buying government debt with less than one-year maturity to encourage longer-term flows and reduce the country's dependence on hot money.

  • *Russia pulls back some troops from near Ukraine's eastern frontier. LONDON, April 1- Brent crude slipped towards $107 on Tuesday due to lacklustre manufacturing data from China and Europe and the possibility of a jump in supplies from Libya after rebels blocking eastern oil ports hinted at a deal with Tripoli.

  • *Costs high, but Greece hopes to add momentum to the rally. LONDON, April 1- Greece could be on the verge of making one of the fastest market comebacks of a defaulted sovereign ever recorded.

  • April 1- Regulators in Hong Kong and New Zealand said on Tuesday that they are investigating banks' conduct in the foreign exchange market as part of an investigation tied to the global probe into FX markets. "The HKMA is investigating into a number of banks in Hong Kong," an HKMA spokeswoman said in the statement.