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  • *Japan's business sentiment worsens- Tankan. SINGAPORE, Oct 1- Brent crude fell below $112 per barrel on Monday, reflecting investor concerns a shaky global economy may hurt oil demand following fresh evidence of weakness in China and Japan as well as persistent worries about the debt-saddled euro zone.

  • LONDON-- The board of Anglo-Swiss mining company Xstrata PLC said Monday it is recommending shareholders accept merger terms with Swiss commodities trader Glencore PLC _ a deal that would create an industry behemoth with revenues of around $175 billion. Xstrata said in a statement it was supporting the offer of 3.05 Glencore shares for each Xstrata share.

  • ATHENS, Greece-- Greece's Alpha Bank said Monday it is in talks with France's Credit Agricole to buy its Greek unit Emporiki Bank.

  • BERLIN-- The airline industry has raised its projected profits to $4.1 billion this year from its previous estimate of $3 billion. The International Air Transport Association blames Europe's economic crisis, high oil prices and low business confidence for the drop from an industry profit of $8.4 billion in 2011..

  • TOKYO-- Japan's largest steelmaker, Nippon Steel Corp., has joined with Sumitomo Metal Corp. to form the world's second-biggest steel maker.

  • SEOUL, Oct 1- Trade powerhouse South Korea said its exports and imports both fell in September from a year earlier, although not as sharply as markets had expected, supporting expectations the Bank of Korea will cut interest rates at a review next week.

  • *Nippon Yusen, Daido Steel cut earnings guidance. TOKYO, Oct 1- Japan's Nikkei share average fell to its lowest level in nearly three weeks on Monday morning as profit warnings from shipping group Nippon Yusen KK and Daido Steel Co Ltd underscored concerns over slowing global growth.

  • TOKYO, Oct 1- Superlong Japanese government bonds drifted lower on Monday on supply concerns ahead of a liquidity-enhancing auction the next day, as well as ahead of a regular auction of 30- year bonds next week and one for 20- year debt the week after.

  • *Japan economy seen stalling in next few months. TOKYO, Oct 1- The mood among big Japanese manufacturers worsened in the three months to September after two straight quarters of improvement and will stay gloomy, a central bank survey showed, as weak Chinese and European export demand saps the strength of the world's third-largest economy.

  • BEIJING, Oct 1- China's economy offered more evidence of a seventh straight quarter of slowing growth on Monday, with an official survey of factory managers remaining in contractionary territory for a second successive month despite improving from August's low.

  • *Arrium rejects bid, calling it undervalued and conditional. *Arrium shares soar as much as 29 percent to one-month high.

  • *Nippon Yusen, Daido Steel cut earnings guidance. *Nippon Shokubai slumps after plant explosion. TOKYO, Oct 1- Japan Nikkei share average fell to its lowest level in nearly three weeks on Monday, extending the previous session's drop, after profit warnings from Nippon Yusen KK and Daido Steel Co Ltd underscored concerns over slowing global growth.

  • TOKYO, Oct 1- A gauge of sentiment in the Japanese government bond market has turned negative, with some investors citing supply/demand factors ahead of a 10- year sale this week, a weekly Thomson Reuters survey showed on Monday. The month-end duration extension buying that supported the market last week has finished as both a new month and fresh quarter begin.

  • Benchmark oil for November delivery was down 12 cents to $92.07 per barrel at midday Bangkok time in electronic trading on the New York Mercantile Exchange. Brent crude was down 21 cents to $112.18 on the ICE Futures exchange in London.

  • SINGAPORE, Oct 1- London copper edged down on Monday on persistent worries over global economic growth after two indicators showed China's factory sector is still shrinking while concerns over Spain's banks and prospects for a bailout curbed the appetite for risk.

  • *SEC can't impose limits on HFT without consensus-official. *Retail investors looking for SEC to lead on HFT reform.

  • SANTIAGO, Sept 30- Chilean President Sebastian Pinera unveiled an education-heavy 2013 budget bill on Sunday, as he seeks to improve the right's social credentials before municipal elections in October and next year's presidential election.

  • India gold recycling trade booming as drought hits farmers. The surge in recycling also comes as India looks set to be overtaken by China as the world's biggest consumer of gold, after a hike in import duties in March and a rapidly weakening rupee pushed local gold prices to record highs.

  • BANGKOK-- Japan's benchmark Nikkei 225 index fell Monday after a closely watched survey showed confidence in the economy weakening. Toyota Motor Corp. lost 2.3 percent and Nishimatsu Construction Co. slid 4.2 percent. Stan Shamu of IG Markets in Melbourne, Australia said that investors are still concerned about Spain's financial health.

  • NEW YORK-- American Airlines says a Boston to Miami flight had to make an emergency landing at JFK airport over the weekend due to a row of dislodged seats. The unit of AMR Corp. said in a statement that passengers in the affected row were moved to three other seats. Passengers aboard the flight were placed on another aircraft for the trip to Miami.