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  • TOKYO, May 9- Asian shares were mostly down on Friday as a tense situation in Ukraine made investors cautious, though markets took a tame Chinese inflation report in their stride despite the implications for weakening demand in the region's economic powerhouse.

  • BERLIN, May 9- German exports posted their biggest fall in nearly a year in March and imports also fell, narrowing the trade surplus in Europe's largest economy and confirming that trade was a drag on growth at the start of 2014..

  • *Main opposition party says Sri Lanka has no real licences. COLOMBO, May 9- Sri Lanka will not oppose the casino planned for a $400 million mixed-use resort being developed by Australia's Crown Resorts Ltd if it is operated using an existing license held by a local partner, a top government official said on Thursday.

  • *Ukraine rebels ignore Putin call to delay self-rule vote. SINGAPORE, May 9- Brent crude held steady above $108 per barrel on Friday, supported by renewed tension in Ukraine and continued limited supply from Libya, but still on track for a second weekly loss.

  • LAUNCESTON, Australia, May 9- Building a fleet of the world's largest vessels has been touted as the solution to the high costs of developing the next phase of liquefied natural gas investments in Australia.

  • BEIJING, May 9- China is auditing the State Grid Corp of China, the utility said in the wake of a magazine report that one of the most senior executives in the world's largest utility was under investigation.

  • *Hong Kong- listed mainland telcos fall on venture questions. BEIJING, May 9- Mainland stocks fell on Friday and Hong Kong was flat, leaving major indexes on course for weekly losses as fears about a slowdown in China continue to hurt investor confidence. A sell-off in Great Wall Motor shares impacted mainland and Hong Kong indexes.

  • May 9- Standard& Poor's on Friday revised its outlook on Portugal to stable from negative and kept its credit rating at BB. The outlook upgrade was expected by some analysts and came after Portugal on Sunday declared it would exit its three-year 78- billion-euro bailout this month without a precautionary credit line.

  • BEIJING, May 9- Moderating consumer prices and persistent industrial deflation in China have bolstered market expectations that authorities will ease monetary policy or take other steps to arrest a loss of momentum in the second-largest economy.

  • *Still on course for best week since February 2012. SHANGHAI, May 9- China's yuan dipped on Friday in sympathy with weakness in other non-dollar currencies, but remained poised for its strongest week in more than two years after big gains on Monday and Tuesday. The tiny fall came after the People's Bank of China set its daily midpoint 0.04 percent weaker at 6.1581.

  • JGBs subdued, superlongs sag ahead of 30-year sale Friday, 9 May 2014 | 12:12 AM ET

    TOKYO, May 9- The Japanese government bond market was subdued on Friday, with super long maturities sagging slightly as dealers sold that tenor in preparation for next week's 30- year debt sale.

  • *Gold on track for 0.7 pct drop for week. SINGAPORE, May 9- Gold prices were steady on Friday, supported by geopolitical tensions in Ukraine, with investors eyeing fund flows and Asian physical demand for further cues.

  • China will increase credit lines to Africa by $10 billion and will boost the China-Africa Development Fund by $2 billion, bringing it to a total of $5 billion, Li said, according to the official Xinhua news agency. As China has advanced technologies in this area, Li said China was ready to work with Africa "to make this dream come true".

  • Brent steady above $108 as Russia, Libya support Thursday, 8 May 2014 | 11:48 PM ET

    *Ukraine rebels ignore Putin call to delay self-rule vote. SINGAPORE, May 9- Brent crude held steady above $108 per barrel on Friday, supported by renewed tension in Ukraine and continued limited supply from Libya, but still on track for a second weekly loss.

  • Boston Scientific gets subpoena over defibrillators Thursday, 8 May 2014 | 11:37 PM ET

    May 8- Medical device maker Boston Scientific Corp said it received a subpoena this week from the Department of Health and Human Services seeking information about the performance of some of its implanted defibrillators. Boston Scientific, which competes with Medtronic Inc and St. Jude Medical Inc in selling ICDs, said it is cooperating with the request.

  • SYDNEY, May 9- London nickel prices surged beyond $20,000 per tonne for the first time in more than two years on Friday, climbing 4 percent as a flurry of supply concerns fuelled heavy buying of the stainless steel material. "NPI producers in China are facing a real problem in access to feed stock.

  • Citi tops FX industry poll for first time since 2002 Thursday, 8 May 2014 | 11:03 PM ET

    *Citi ends Deutsche's bid for 10th consecutive top spot. For the 2014 annual survey Citi displaced second-ranked Deutsche Bank, which had been top for nine straight years. Citi accounted for 16.04 percent of the $5.3 trillion a day forex market, up from 14.90 percent last year, the poll released late on Thursday showed.

  • Brazil court opens Petrobras bank records to police Thursday, 8 May 2014 | 10:45 PM ET

    SAO PAULO, May 8- A Brazilian federal court on Thursday gave police access to bank records of Brazil's state-run oil company Petroleo Brasileiro SA in a widening money laundering probe focused on refineries in Brazil and the United States.

  • TOKYO, May 9- Asian shares mostly slumped on Friday as a tense situation in Ukraine made investors cautious, though a tame inflation report from China calmed some nerves.

  • SYDNEY, May 9- London nickel prices surged beyond $20,000 per tonne for the first time in more than two years on Friday, climbing nearly 4 percent as a flurry of supply concerns fuelled appetite for the stainless steel material. However, the most-traded August copper contract on the Shanghai Futures Exchange climbed by 1 percent to 47,130 yuan a tonne.