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  • DUBLIN, Jan 19- The head of the International Monetary Fund warned Greece that there would be consequences to restructuring its debt after elections where opponents of the country 240 billion euro bailout lead in the polls. "As a principle, collective endeavours are welcome but at the same time a debt is a debt and it is a contract," IMF Managing Director Christine...

  • SEOUL, Jan 19- Uber Technologies Inc said on Monday it will connect users to a licensed taxi company in the South Korean city of Incheon, in a bid to comply with local regulations that ban the controversial online ride-sharing service from using private cars. The move comes a month after the prosecutors in the capital Seoul indicted Uber CEO Travis Kalanick and...

  • MOSCOW, Jan 19- The Russian central bank is offering up to $17 billion in foreign currency repos on Monday, with $7 billion offered in one-month repos and $10 billion in one-year repos, it said on its website on Monday. The one-month repos will have a minimum interest rate of 0.668 percent and the one-year interest rate will have a minimum interest rate of 1.1099.

  • The CSI300 index of the largest listed companies in Shanghai and Shenzhen fell 7.7 percent, to 3,355.16. Among the most active stocks in Shanghai were Bank of China, down 10.0 percent to 4.48 yuan; Agriculture Bank of China, down 9.9 percent to 3.55 yuan and ICBC, down 9.9 percent to 4.64 yuan. In Shenzhen, BOE Technology, down 8.5 percent to 3.01 yuan; TCL Corp, down 7.7...

  • SYDNEY, Jan 19- Macquarie Group Ltd, Australia's largest investment bank, forecast an up to 20 percent jump in annual profit, with its commodities trading and foreign exchange businesses boosted by investors hedging against swings in asset prices. Macquarie's likely best annual profit since the 2008 global financial crisis vindicates its deep push into...

  • *Prices to be in $60- 80 a barrel range until 2020- analyst. SINGAPORE, Jan 19- Brent crude oil prices traded around $50 a barrel on Monday, with some support coming from falling U.S. output growth but an expectation of weak Chinese economic data weighing on markets. China is due to report gross domestic product figures on Tuesday, which are expected to show China's...

  • RUSSIAN CENTRAL BANK TO OFFER $10 BLN IN ONE-YEAR FOREX REPOS WITH INTEREST RATE OF 1.1099 PCT ON MONDAY.

  • RUSSIAN CENTRAL BANK TO OFFER 28- DAY FOREX REPO UP TO $7 BLN WITH INTEREST RATE OF 0.668 PCT ON MONDAY.

  • Jan 19- China's economic growth rate is likely to cool further this year, restrained by sluggish lending, a housing slump and weak global demand, a Reuters poll showed. On Tuesday, data are likely to show China's economy expanded 7.2 percent in the final quarter of 2014, the slowest pace since the depths of the global financial crisis. Beijing is in the midst of its...

  • MOSCOW, Jan 19- The Russian central bank said on Monday it had not conducted any foreign exchange market interventions on Jan. 15.

  • NAIROBI, Jan 19- Kenya has asked the International Monetary Fund for a precautionary loan of about $750 million to help it deal with any future shocks to the economy, the IMF's resident representative said on Monday. Armando Morales told Reuters the request was contained in a letter from the Kenyan government received by the IMF last Friday.

  • TOKYO, Jan 19- Japanese government bond prices gained on Monday despite a slight recovery in stock prices, with the 10- year yield hitting a record low after the Bank of Japan's bond buying operation results showed strong demand. The yield on the current 10- year Japanese Government Bonds fell 3.0 basis points to 0.205 percent, the lowest record ever.

  • ZURICH, Jan 19- Julius Baer said on Monday that it did not suffer any losses soon after the Swiss National Bank's decision to abandon a three-year-old cap on the franc. Julius Baer said it expects to be able to quickly put in place measures to protect its profits from a far stronger franc, and that it would disclose details alongside its full-year earnings on Feb. 2.

  • NAIROBI, Jan 19- Kenya has asked the International Monetary Fund for a precautionary loan of about $750 million to help it deal with any future shocks to the economy, the IMF's resident representative said on Monday. Armando Morales told Reuters the request was contained in a letter from the Kenyan government received by the IMF last Friday.

  • TOKYO, Jan 19- Japan's Nikkei share average rose on Monday after strong U.S. economic data buoyed sentiment and the weaker yen helped exporters such as Honda Motor Co, but Sharp Corp tumbled on a profit warning. The Nikkei rose 0.9 percent to 17,014.29, recovering from a 2-1/ 2- month low of 16,592.57 hit on Friday. But trading was thin, with only 2.040 billion shares...

  • MELBOURNE, Jan 19- BHP Billiton Ltd may be forced to slash its planned $4 billion spending this year on U.S. shale wells and book writedowns on its shale assets as it battles plunging prices for its biggest earners iron ore, oil and copper. Other candidates for cuts in its $14.2 billion capital and exploration spending plan could be its longer-dated projects like...

  • KUALA LUMPUR, Jan 19- Prime Minister Najib Razak will announce policy changes, including likely budget revisions, on Tuesday to help Malaysia adjust to the impact of reduced oil and gas earnings due to the slump in global crude prices. Malaysia's 2015 budget, tabled in October 2014, was presented with the assumption that oil prices would have kept to $100 a barrel,...

  • MEXICO CITY, Jan 17- China Telecommunications Corporation, the parent of China's third-largest carrier, is studying a possible investment in Mexico, a company spokesman said on Saturday, a day after Reuters reported that the subsidiary is preparing a possible bid for Mexico's new $10 billion mobile broadband network. The spokesman for subsidiary China...

  • In China, financial shares were slugged as Beijing cracked down on credit products that have been blamed for fueling excessive market speculation over the past three months. The Shanghai market shed 6.4 percent, while the CSI300 index of the largest listed companies in Shanghai and Shenzhen slid 6.5 percent. MSCI's broadest index of Asia-Pacific shares...

  • SHANGHAI, Jan 19- China stocks collapsed in morning trade on Monday, with financials hammered after regulators cracked down on credit products that have been blamed for fuelling excessive market speculation over the past three months. "The entrusted loan regulation and margin trading penalties had combined impacts on market sentiment, adding to volatility...