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  • LONDON, Dec 30- Chinese economic growth may be cooling but Shanghai shares were the best returning investment in 2014.. Anyone who bought A-shares listed in Shanghai at the start of 2014 would be sitting on a 45.9 percent gain on a total return basis in dollar terms. Copper, which traded near 4 1/ 2- year lows on Tuesday on concerns about slowing demand in China, is off...

  • LONDON, Dec 30- Brent crude oil fell to a 5-1/ 2- year low below $57 a barrel on Tuesday as a global supply glut outweighed concerns of lost supply from Libya where battling militias have closed ports. Brent fell $1.14 a barrel to a low of $56.74, its lowest since May 2009, before recovering slightly to trade around $56.95 by 0905 GMT. Supply disruptions in Libya mean the...

  • BANGKOK, Dec 30- Private consumption in Thailand stalled in November, the latest sign that the economy is still sputtering and putting more pressure on the military government to ramp up infrastructure spending to spur growth. The army seized power in May to end months of political turmoil and put Southeast Asia's second-largest economy back on track, but...

  • SHANGHAI, Dec 30- China's yuan closed up 0.3 percent against the dollar on Tuesday, its strongest one-day gain since March, after the country's foreign exchange regulator published new rules further liberalizing the currency market. China will relax restrictions on banks' yuan trading from Jan. 1, replacing daily caps on banks' foreign exchange positions with...

  • FOREX-Yen surges as oil, stocks slide Tuesday, 30 Dec 2014 | 4:03 AM ET

    *Dollar/yen dips as Tokyo stocks sag, U.S. data awaited. The prospect of Greece dropping the euro returned to haunt the single currency after a failed effort to elect a new Greek president on Monday, but there are broader concerns over growth and the effects of six years of money-printing heading into 2015.. "What we're seeing this morning is a squeeze on some of the...

  • Slowdown in Italian economy has ended: Minister Tuesday, 30 Dec 2014 | 3:21 AM ET

    Recent data show that the slowdown in the Italian economy has ended, Italy's Economy Minister Pier Carlo Padoan said in an interview on Tuesday.

  • LONDON, Dec 30- European shares fell on Tuesday, led by energy companies as Brent oil fell to a fresh 5-1/ 2- year low on persistent worries about a global supply glut. Oil explorer Seadrill was among the top fallers in the sector after saying it had exercised an option to buy drillship West Polaris from Ship Finance International Limited. The STOXX Europe 600 oil& gas...

  • Hong Kong shares post biggest drop in 2 weeks Tuesday, 30 Dec 2014 | 3:07 AM ET

    HONG KONG, Dec 30- Hong Kong shares finished lower on Tuesday as growing uncertainties at home and abroad dampened investor sentiment. The Hang Seng index fell 1.1 percent, to 23,501.10 points, posting its biggest single-day loss in two weeks. Among the most actively traded stocks on Hong Kong's main board were South East Group Ltd, down 2.4 percent at HK $0.25,...

  • MOSCOW, Dec 30- Russian authorities are facing some unpalatable options as they try to keep the economy afloat- unless they can persuade President Vladimir Putin to curb massive military spending. Despite a crisis brought on by diving oil markets and Western sanctions, they believe Russia can muddle through next year provided the price of crude, its dominant...

  • MILAN, Dec 30- Recent data show that the slowdown in the Italian economy has ended, Italy's Economy Minister Pier Carlo Padoan said in an interview published on Tuesday. Italy's economy, the most sluggish in the euro zone for more than a decade, has not posted a single quarter of growth in the last three years. He also said Italy would avoid being put under budget...

  • RUSSIAN ROUBLE EXTENDS GAINS IN EARLY TRADE, MOVES OVER 5 PCT HIGHER VS DOLLAR.

  • The CSI300 index of the largest listed companies in Shanghai and Shenzhen rose 0.1 percent, to 3,457.55 points, while the Shanghai Composite Index ended slightly lower at 3,165.81 points. Among the most active stocks in Shanghai were Bank Of China, up 2.3 percent at 3.94 yuan; Everbright Bank, up 8.0 percent at 4.85 yuan and China State Construction engineering,...

  • Russian rouble strengthens sharply in early trade Tuesday, 30 Dec 2014 | 2:19 AM ET

    MOSCOW, Dec 30- Russia's rouble strengthened sharply in volatile trade early on Tuesday, reversing losses at market opening. At 0716 GMT, the rouble was around 3 percent stronger against the dollar at 56.45 roubles per dollar and 1.5 percent stronger against the euro at 69.93. The central bank said on Tuesday that Russia's Finance Ministry sold $80 million in...

  • RUSSIAN FINANCE MINISTRY SOLD $80 MLN IN FOREX MARKET INTERVENTIONS ON DEC. 26- C.BANK.

  • The order was signed on Dec. 27, and the funds will be transferred from the National Wealth Fund as a part of wider plans to support Russia's banking sector, which is suffering from Western sanctions imposed on Moscow over its role in the Ukraine crisis.

  • MILAN, Dec 30- Recent data show that the slowdown in the Italian economy has ended, Italy's Economy Minister Pier Carlo Padoan told daily Corriere della Sera on Tuesday. "After three years of recession... employment is starting to grow again," Padoan was quoted as saying, adding that would boost consumer and business confidence and kick start growth in the...

  • SINGAPORE, Dec 30- Brent oil fell to a fresh 5-1/ 2- year low near $57 per barrel on Tuesday, as persistent worries about a global supply glut offset concerns about output disruptions in Libya. Brent for February delivery fell 56 cents to $57.32 as of 0626 GMT, after hitting a low of $57.25 earlier in the session- the lowest level since May 2009. U.S. crude for February...

  • RUSSIAN PM MEDVEDEV SIGNS DECREE TO BOOST VTB CAPITAL BY 100 BLN RBLS- GOVERNMENT.

  • Dec 30- Japan's ruling coalition has approved a tax reform plan that will cut corporate taxes from April and pledges further reductions in coming years in a bid by Prime Minister Shinzo Abe to boost profitability and bolster economic growth. The plan approved by Abe's Liberal Democratic Party and its coalition partner Komeito on Tuesday would cut the overall...

  • TOKYO, Dec 30- Japanese stocks ended 2014 on a down note on Tuesday, as investors closed positions before extended new year holidays and worries about Greek politics sapped risk appetites. Market heavyweights Softbank Corp and Fanuc Corp on Tuesday shed 1.8 percent and 1.5 percent respectively. Toray Industries was the Nikkei's best performer, adding 3.3...