SINGAPORE, April 25- London copper futures climbed to their highest level in seven weeks on Friday, buoyed by firm demand in top consumer China, while nickel edged off 14- month peaks. It was up $6 at $6,759 by 0114 GMT, after gaining $83 on Thursday.» Read More
LONDON, Dec 20- The incoming chairman and new members of the U.S. Commodity Futures Trading Commission will inherit an agency that has been severely demoralised by overwork, defeats in court, infighting among the commissioners and severe criticism from the futures industry.
SHANGHAI, Dec 20- Chinese money rates spiked for a third day on Friday to their highest since a massive cash crunch in June despite regulators' efforts to steady the market, raising fears that another liquidity squeeze was underway and driving mainland stocks sharply lower.
*Libya crude exports fall to 110,000 bpd. LONDON, Dec 20- Brent crude oil held above $110 a barrel on Friday, heading for a weekly gain, boosted by a positive outlook for fuel demand in the United States, the world's largest oil consumer, and reduced Libyan supply.
Dec 20- Goldman Sachs was the top-ranked bank globally for equity capital markets deals in 2013, according to Thomson Reuters data published on Friday. Below are the top 10 ranked global ECM bookrunners:. Source: Thomson Reuters, data accurate as of Dec.18.
*JPMorgan ranked top for investment banking fees. Investment banking fees totalled $74.7 billion as of Dec. 18, up from $71.3 billion in the same period in 2012, according to data from Thomson Reuters and Freeman Consulting. U.S. bank JPMorgan Chase& Co was the top ranked bank in terms of fees, raking in a total of $5.8 billion year to date.
*Goldman Sachs top-ranked bank for global ECM. LONDON/ NEW YORK/ HONG KONG, Dec 20- This year has been the biggest for equity fundraising globally since 2010, thanks to improving confidence among companies on the back of the strong investor demand for stocks, according to Thomson Reuters data published on Friday.
TOKYO, Dec 20- Bank of Japan Governor Haruhiko Kuroda said on Friday there was no change to the view that Japan will steadily head towards the central bank's 2 percent inflation target despite an expected fluctuation in the economy due to next year's sales tax hike. "We expect Japan's consumer inflation to slightly exceed 1 percent by year end."
MOSCOW, Dec 20- Russian President Vladimir Putin signed a decree on Friday pardoning one of his best known opponents, former oil tycoon Mikhail Khodorkovsky, after a decade in jail.
LONDON, Dec 20- European shares edged up to a two-week peak on Friday, still riding the positive momentum of a Federal Reserve decision on Wednesday that underlined growing optimism over the U.S. economy while promising to keep interest rates low for longer. At 0807 GMT, the euro zone's blue-chip Euro STOXX 50 was up 0.2 percent at 3,037.00 points.
LONDON, Dec 20- Standard& Poor's confirmed Britain's last remaining triple A credit rating on Friday, but said it could cut the top-notch ranking if the country's economic recovery was not sustained. Rival ratings agencies Moody's and Fitch both downgraded Britain from AAA earlier this year.
MOSCOW, Dec 20- Russian President Vladimir Putin signed a decree on Friday pardoning jailed tycoon Mikhail Khodorkovsky, the Kremlin said. Putin announced unexpectedly on Thursday that he would pardon Khodorkovsky, who was once Russia's richest man and is seen by Kremlin critics as a political prisoner.
Trade Representative Michael Froman said on Friday that China had agreed to remove regulatory hurdles to market access and had also set an action plan to enhance to protection of trade secrets.
Like every other UK taxpayer, he will be entitled to a tax credit on any dividend payment he receives. The credit is intended to compensate shareholders for the fact that dividends are paid out of income which has already been subject to UK corporate income tax.
Dec 20- Many big British firms examined by Reuters pay dividends that far outweigh their UK tax payments.
INDORE, India Dec 20- India is likely to import a record 4 million tonnes of refined palm oil in 2013/ 14 as export taxes in key supplier Indonesia make it cheaper than the crude variety, an executive at India's top edible oil buyer said.
Dec 20- Chinese shares listed in Hong Kong suffered their worst week in nearly two months, with investors taking profits on recent outperformers amid renewed fears of a cash crunch in China. The Hang Seng Index closed down 0.3 percent at 22,888.75 points and down 1.9 percent for the week.
TOKYO, Dec 20- Bank of Japan Governor Haruhiko Kuroda said on Friday that there was no change to the view that Japan will steadily head towards the central bank's 2 percent inflation target despite an expected fluctuation in the economy due to next year's sales tax hike.
Dec 20- Shanghai shares tumbled on Friday, taking their losing streak to nine days, as the country's money rates spiked again and worries about a cash crunch remained in spite of a central bank fund injection. The last time the Shanghai index fell nine straight days was in 1994..
*Senate expected to confirm on Friday new IRS chief. But under a bipartisan agreement reached on Thursday, the Senate will not vote to confirm Yellen, now the Fed's vice chair, until Jan. 6, the day it returns for the new year.
*Euro dips after S&P cuts long-term rating on European Union. Federal Reserve said it would start to cut its bond-buying stimulus, while the euro dipped after Standard& Poor's cut its long-term rating on the European Union.