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  • *Soy up for 5 out of 6 sessions, USDA report supports. *Wheat faces headwinds on lack of demand for U.S. cargoes. "The numbers on soybeans from the USDA are going to help a little bit but there are a lot of stocks around," said Graydon Chong, senior grains analyst at Rabobank.

  • MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.7 percent, extending an impressive 11 percent rise this month as investors unwound some of their long U.S. dollar and short commodities and emerging markets trades. China's stock market correction is "almost over", the official China Securities Journal quoted a senior central banker as...

  • *Glencore cuts create zinc price risk in coming months. MELBOURNE, Oct 12- London copper was flat on Monday but holding near its highest level in more than three weeks, after production cuts by Glencore revived sentiment towards metals and as a U.S. rate hike looked to be delayed. Weak commodities prices prompted Glencore to cut 500,000 tonnes of zinc production, or...

  • *Glencore's Chile assets comprise copper, hydropower. MELBOURNE, Oct 12- Mining and trading giant Glencore Plc said on Monday it would announce the proposed sale of some assets in Australia and Chile, as it sought a trading halt for its Hong Kong- listed shares, in the latest move to slash its debt pile. Asset sales are part of a broad plan Glencore outlined last month...

  • TAIPEI, Oct 12- Taiwan stocks rose on Monday following markets overseas, with little direction seen at home after a long holiday weekend. Key Taiwan tech firms are preparing to release their third-quarter results with chipmaker TSMC's due on Thursday. TSMC was up 0.7 percent, while assemblers for Apple Inc smartphones and other gadgets Pegatron and Hon Hai...

  • SINGAPORE, Oct 12- Chicago soybean futures gained on Monday, rising for five out six sessions with prices underpinned by a U.S. government report which surprised the market by estimating lower domestic production and planted acreage. *Still, supplies will be plentiful under the new USDA crop outlooks. The USDA pegged soy production at 3.888 billion bushels and...

  • Glencore flags sale of some Australia, Chile assets Sunday, 11 Oct 2015 | 9:18 PM ET

    MELBOURNE, Oct 12- Glencore Plc said on Monday it would make an announcement on the proposed sale of some assets in Australia and Chile, as it sought a trading halt for its Hong Kong- listed shares. The trading and mining giant's Australian spokesman had no immediate comment on the assets that were to be sold. Glencore has been racing to raise money to cut its $30...

  • SHANGHAI, Oct 12- Now is not the right time for the United States to raise interest rates, given the global economic situation, China's Finance Minister Lou Jiwei said in an interview published in the China Business News on Monday. Speaking on the sidelines of the annual meeting of the World Bank and International Monetary Fund in Lima, Lou said developed...

  • SYDNEY, Oct 12- Australian exports of commodities such as iron ore and coal face a less-than-average chance of being disrupted by cyclones in the upcoming cyclone season due to the El Nino weather pattern. In Western Australia state, where past cyclones have brought some of the world's biggest mines and shipping terminals to a standstill, there's a 75- percent...

  • MELBOURNE, Oct 12- London copper was flat on Monday but holding near its highest level in more than three weeks, after production cuts by Glencore revived sentiment towards metals and as a U.S. rate hike looked to be delayed. LME zinc rocketed 10 percent on Friday in its largest single day gain in a decade after Glencore said it would shutter 4 pct of global output.

  • SINGAPORE, Oct 12- Gold was trading near its highest in seven weeks on Monday, bolstered by expectations the Federal Reserve will not hike U.S. interest rates soon. *Spot gold was little changed at $1,156 an ounce by 0043 GMT, after gaining 1.6 percent in the previous session. *Elsewhere, the London Bullion Market Association said on Friday it has formally asked...

  • HONG KONG, Oct 12- Asian shares edged higher on Monday, consolidating recent rises as late gains in Wall Street on Friday and a rebound in the commodities complex prompted some investors to hunt for bargains while the dollar struggled. MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.1 percent in early deals, rounding off impressive 10...

  • SINGAPORE, Oct 12- The dollar hovered near a three-week low versus a basket of major currencies on Monday, hampered by doubts that the U.S. The euro edged up 0.1 percent to $1.1372, having set a three-week high of $1.13875 on Friday. The dollar eased 0.1 percent against the yen to 120.12 yen.

  • Oil edges up on lower U.S. rig count, weaker dollar Sunday, 11 Oct 2015 | 8:20 PM ET

    *Traders await wave of China data after National Holiday. U.S. drillers removed nine oil rigs in the week ended Oct. 9, bringing the total rig count down to 605, oil services company Baker Hughes Inc said late on Friday. West Texas Intermediate crude futures were trading at $49.79 per barrel at 0008 GMT, up 16 cents from their last settlement.

  • HONG KONG, Oct 12- Chinese measures to steady its rocky markets are putting the future of the offshore yuan bond market at risk, prompting record redemptions from so-called dim-sum debt funds and choking new issuance. "Keep in mind, the offshore market exists because of the capital account restrictions that existed earlier," said Aidan Yao, senior emerging Asia...

  • LIMA, Peru, Oct 11- A senior International Monetary Fund official has urged Japan to go ahead with a sales tax hike scheduled for April 2017 to maintain its long-term fiscal credibility. Mitsuhiro Furusawa, the IMF's deputy managing director, warned on Sunday that flexible fiscal policy and structural reforms must accompany ultra-loose monetary policy for...

  • OSLO, Oct 12- Governments took a step towards greener economic growth in 2014 but will need to do far more to limit rising temperatures to a United Nations goal of two degrees Celsius, a study by accountancy firm PwC said on Monday. France, Italy and Germany also had big falls in carbon intensity last year. Almost 200 governments will meet in Paris from Nov. 30- Dec. 30 to...

  • HONG KONG, Oct 12- Chinese measures to steady its rocky markets are putting the future of the offshore yuan bond market at risk, prompting record redemptions from so-called dim-sum debt funds and choking new issuance. "Keep in mind, the offshore market exists because of the capital account restrictions that existed earlier," said Aidan Yao, senior emerging Asia...

  • Oct 11- The average price of gasoline in the United States fell half a cent in the past two weeks as crude oil prices rose, allowing refiners and retailers to stop cutting prices, according to a Lundberg survey released on Sunday. Regular grade gasoline fell to $2.34 per gallon in the Oct. 9 survey from the upwardly rounded $2.35 on Sept. 25, when the previous survey was...

  • DAR ES SALAAM, Oct 11- Tanzania has initiated a $1.33 billion project to pipe natural gas to its commercial capital, Dar es Salaam, and help relieve chronic power shortages in the city, the president's office said in a statement on Sunday. Most new plants will be gas-fired but Tanzania also wants to use coal reserves and renewable resources such as wind and...