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*Anta Sports jump, helped by UBS price target upgrade. HONG KONG, Dec 21- Hong Kong shares posted their worst day in three weeks and their first weekly loss in five on Friday, as investors cut risk in the last full trading week for the year after talks stalled over a deal to avert a fiscal crisis in the United States.
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*JPMorgan tops global fee rankings, Deutsche top in Europe. Economic woes, particularly in the euro zone, have hurt dealmaking and dragged worldwide investment banking income down 7 percent to $69.4 billion so far this year, data from Thomson Reuters and Freeman Consulting showed.
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Dec 21- Credit Suisse Group AG was the top underwriter for U.S. initial public offerings this year for the first time, bolstered by its role in helping large private equity backed companies go public. Credit Suisse was ranked eighth last year in the U.S.
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LONDON, Dec 21- European shares fell in early trade on Friday on signs that a deal to avoid tax hikes and spending cuts that could tip the United States into recession might not be the forgone conclusion markets had broadly thought.
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LONDON, Dec 21- The euro fell and the yen firmed against the dollar on Friday after talks to resolve a U.S. budget crisis ground to a halt, fuelling concerns the world's largest economy could be tipped into recession.
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*A123 would remain a U.S. firm under Wanxiang- executive. *Wanxiang's bid for A123 under regulatory scrutiny.
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TOKYO, Dec 21- A close aide to Japan's next Prime Minister Shinzo Abe said on Friday that as long as the central bank meets the party's expectations for a 2 percent inflation target and more aggressive monetary easing, there will be no need to revise the Bank of Japan law.
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LONDON, Dec 21- European and Asian shares weakened on Friday and both the euro and gold slipped, as a new setback in talks to avert a U.S. fiscal crisis stoked investor nerves. "The market is still too complacent and the odds are increasing that a deal will not get done in the immediate future," Saxo Bank Chief Economist Steen Jakobsen said.
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ZURICH, Dec 21- Roche is to join forces with Japan's PSS to improve its gene sequencing process, raising investment in its own technology after dropping a $6.8 billion bid for sequencing market leader Illumina in April.
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*Statoil makes third gas discovery in country this year. OSLO, Dec 21- Norwegian energy firm Statoil found more gas offshore Tanzania, its third discovery in the country this year, putting it closer to having the resource needed to make commercial development viable.
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Goldman Sachs and Morgan Stanley retained their positions as the No. 1 and 2 M&A advisers globally, respectively, this year.
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SINGAPORE, Dec 21- Brent crude fell below $110 a barrel on Friday after talks in the United States to avert a budget crisis stalled, reviving worries about demand in the world's biggest oil consumer. Brent crude slipped 54 cents to $109.66 a barrel by 0809 GMT, declining for a second straight day, but on track for a second weekly rise.
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HONG KONG, Dec 21- Hong Kong shares posted their worst day in three weeks and their first weekly loss in five on Friday, as investors cut risk at the end of the last full trading week this year after talks stalled on a deal to avert a fiscal crisis in the United States.
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LONDON, Dec 21- European shares fell in early trade on Friday on signs that a deal to avoid growth curdling tax hikes and spending cuts in the United States might not be the forgone conclusion markets were anticipating.
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COPENHAGEN, Dec 21- While much of European industry is flatlining or worse, Denmark's mink industry is enjoying a bumper year, as fur is back in vogue and extreme weather in China and Russia is giving an extra boost to the business. Mink now accounts for a third of Danish exports to China.
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*Shanghai equities dominate investors top picks. LONDON, Dec 21- With a whiff of global recovery in the air and central bank liquidity abundant, investors in 2013 are packing their bags for China, fellow' BRICs' Brazil and Russia, long-dormant Japan and even some Mediterranean sun.
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SINGAPORE, Dec 21- Gold slipped on Friday, holding near a four-month low hit in the previous session and on track for its steepest weekly drop since June, as the euro softened and U.S. talks to avoid a fiscal crisis stalled again, turning away investors.
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*Chan Ming Fon to appear in court on Friday. SINGAPORE/ NEW YORK, Dec 21- A former Singapore banker was arrested in Los Angeles on Thursday and accused of helping "liquidate" hundreds of millions of dollars in an accounting fraud at Olympus Corp, one of the biggest corporate scandals in Japan's history.
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PARIS, Dec 21- European stock index futures pointed to a drop on Friday, with shares set to trim recent lofty gains after a proposal from Republican leader John Boehner to avoid the "fiscal cliff" failed to get support from his party.
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TOKYO, Dec 21- Japan's Nikkei average fell below the 10,000- mark on Friday after a Republican proposal to avert a U.S. fiscal crunch failed to get enough support, a setback that triggered selling in futures and shares of exporters.