*Ukraine tensions increase; China data adds to more worries about slowdown. NEW YORK, March 13- World stock indexes dropped and the yen climbed against the dollar and euro on Thursday as concerns increased over the trajectory of the crisis in Ukraine.» Read More
*BOJ revises up FY2014 GDP forecast on stimulus effect. *Holds FY2105 inflation forecast just under 2 pct target. TOKYO, Oct 31- The Bank of Japan stopped short of officially forecasting it could raise inflation to 2 percent in two years after a review on Thursday, but said it was on track to reach its target and would maintain its massive stimulus as long as needed.
*UAE wants route into EU market before Serbia joins. BELGRADE/ ABU DHABI, Oct 31- From animal feed to missiles and loans, Serbia is banking on an unlikely alliance with the United Arab Emirates to upgrade its vital farming industry, revive military production and get badly needed cheaper finance.
LONDON, Oct 31- Royal Dutch Shell's third quarter profits undershot analysts' forecasts on Thursday as a weak refining environment and production losses due to disruption in Nigeria weighed on its performance.
HONG KONG, Oct 31- China shares were knocked off a one-week high on Thursday, posting a first monthly loss in at least a quarter after disappointing quarterly earnings from the Chinese banking sector and home appliance giant Suning.
TOKYO, Oct 31- Sony Corp cut its full-year profit targets and posted a net loss for the September quarter as its struggling TV operation fell back into the red, highlighting the difficulties it faces restoring its electronic hardware operation to profit. Sony posted a net loss of 19.3 billion yen for its second quarter.
*Euro falls, breaks below $1.37 after Nowotny's comments. VIENNA, Oct 31- The European Central Bank will provide more liquidity by the time cheap long-term loans it made in late 2011 and early 2012 expire, governing council member Ewald Nowotny told CNBC.
TOKYO, Oct 31- Japan's SoftBank Corp reported a record six-month profit on Thursday, helped by strong sales of handsets, subscriber growth and a share price that has more than doubled this year.
TOKYO, Oct 31- The Bank of Japan said on Thursday that Japan is making steady progress towards achieving 2 percent inflation but warned of headwinds from overseas, such as a slowdown in emerging economies.
*Brent-WTI spread near 6- month highs at around $13. *Libya may resume exports from key port in 10 days- official. SINGAPORE, Oct 31- Brent crude edged lower on Thursday, but held well above $109 a barrel and was set to end October with its fourth monthly gain in five, bolstered by disruptions to shipments from key producer Libya.
TOKYO, Oct 31- Iran's top four crude buyers cut their purchases by 11.5 percent in the first nine months of the year, with oil shipments set to remain under pressure from sanctions despite tentative signs of better relations between Tehran and Washington.
LAUNCESTON, Australia, Oct 31- It's two weeks since China's first iron ore futures contract started trading and so far volumes and open interest are robust and prices are slightly lower.
HONG KONG, Oct 31- Hong Kong and China shares fell from one-week highs by midday on Thursday, with the Chinese banking sector on the defensive following disappointing quarterly earnings from two of the "Big Four" lenders.
SYDNEY, Oct 31- Asian markets suffered a glancing blow on Thursday after the U.S. The damage was mostly superficial with MSCI's index of Asia-Pacific shares outside Japan off just 0.3 percent. Shares in Shanghai lost 0.7 percent while Japan's Nikkei eased 0.4 percent.
*Japan manufacturing activity surges but wage growth slow. TOKYO, Oct 31- The Bank of Japan maintained its massive stimulus programme at a policy review on Thursday, and later in the day is expected to slightly revise up its economic growth forecast to around 1.5 percent for the next fiscal year.
Follows offer from Shucheng to buy Suntech's China subsidiary. *Rising demand for solar products means injection makes sense for China- economist.
TOKYO, Oct 31- Japanese government bond prices eased slightly on Thursday in relatively quiet trading after the Bank of Japan kept its monetary policy steady as expected. Treasury yields overnight had some negative impact on JGBs. By a unanimous vote, the BOJ maintained its pledge to increase Japan's monetary base by 60- 70 trillion yen a year.
*Tribes want more jobs, drinkable water. Al-Toraba, BASRA, Iraq, Oct 31- Sheikh Mansour Hamid al-Imara clutches his prayer beads and watches a huge new oil facility nearing completion across the road from his village, hoping that Russian operator Lukoil will offer his poor tribesmen a better way of life.
A two-month rangebound trading spell in the Chinese currency was broken earlier this month when the People's Bank of China pegged the yuan higher against the greenback in a series of stronger fixes sparking speculation that authorities were preparing for a new phase of yuan strength. 6.0937 per dollar virtually unchanged from the previous close.
SINGAPORE, Oct 31- London copper fell on Thursday after the U.S. The Federal Reserve extended its support for a soft U.S. economy on Wednesday, sounding a bit less optimistic about growth as it announced plans to keep buying $85 billion in bonds per month.
*Euro zone bond allocation rises to 2-1/ 2- year high. TOKYO, Oct 31- Japanese fund managers increased their assets allocated to equities to a 1-1/ 2- year high in October on expectations that the U.S.