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  • The CSI300 index of the largest listed companies in Shanghai and Shenzhen rose 0.1 percent, to 3,457.55 points, while the Shanghai Composite Index ended slightly lower at 3,165.81 points. Among the most active stocks in Shanghai were Bank Of China, up 2.3 percent at 3.94 yuan; Everbright Bank, up 8.0 percent at 4.85 yuan and China State Construction engineering,...

  • Russian rouble strengthens sharply in early trade Tuesday, 30 Dec 2014 | 2:19 AM ET

    MOSCOW, Dec 30- Russia's rouble strengthened sharply in volatile trade early on Tuesday, reversing losses at market opening. At 0716 GMT, the rouble was around 3 percent stronger against the dollar at 56.45 roubles per dollar and 1.5 percent stronger against the euro at 69.93. The central bank said on Tuesday that Russia's Finance Ministry sold $80 million in...

  • RUSSIAN FINANCE MINISTRY SOLD $80 MLN IN FOREX MARKET INTERVENTIONS ON DEC. 26- C.BANK.

  • The order was signed on Dec. 27, and the funds will be transferred from the National Wealth Fund as a part of wider plans to support Russia's banking sector, which is suffering from Western sanctions imposed on Moscow over its role in the Ukraine crisis.

  • MILAN, Dec 30- Recent data show that the slowdown in the Italian economy has ended, Italy's Economy Minister Pier Carlo Padoan told daily Corriere della Sera on Tuesday. "After three years of recession... employment is starting to grow again," Padoan was quoted as saying, adding that would boost consumer and business confidence and kick start growth in the...

  • SINGAPORE, Dec 30- Brent oil fell to a fresh 5-1/ 2- year low near $57 per barrel on Tuesday, as persistent worries about a global supply glut offset concerns about output disruptions in Libya. Brent for February delivery fell 56 cents to $57.32 as of 0626 GMT, after hitting a low of $57.25 earlier in the session- the lowest level since May 2009. U.S. crude for February...

  • RUSSIAN PM MEDVEDEV SIGNS DECREE TO BOOST VTB CAPITAL BY 100 BLN RBLS- GOVERNMENT.

  • Dec 30- Japan's ruling coalition has approved a tax reform plan that will cut corporate taxes from April and pledges further reductions in coming years in a bid by Prime Minister Shinzo Abe to boost profitability and bolster economic growth. The plan approved by Abe's Liberal Democratic Party and its coalition partner Komeito on Tuesday would cut the overall...

  • TOKYO, Dec 30- Japanese stocks ended 2014 on a down note on Tuesday, as investors closed positions before extended new year holidays and worries about Greek politics sapped risk appetites. Market heavyweights Softbank Corp and Fanuc Corp on Tuesday shed 1.8 percent and 1.5 percent respectively. Toray Industries was the Nikkei's best performer, adding 3.3...

  • SHANGHAI, Dec 30- China's stock market is set to close out the year up around 50 percent buoyed by retail appetite for blue chip shares even as economic fundamentals stay weak and reforms loom. Shanghai's finance-heavy SSE180 index has jumped 48 percent this quarter, outperforming its benchmark Shanghai Composite Index. Shanghai's share index has risen to...

  • Brent for February delivery fell 25 cents to $57.63 as of 0528 GMT, after tumbling to $57.37 in the previous session, the lowest level since May 2009. U.S. crude for February delivery fell 28 cents to $53.33 after it settled down $1.12 on Monday, when it hit an intraday low of $52.90- also the lowest since May 2009. "There's no sign of any reduction of output by OPEC," said...

  • SHANGHAI, Dec 30- China will relax restrictions on banks' yuan trading starting in 2015, in a small but significant move towards relaxing its capital controls. The State Administration of Foreign Exchange published a set of new rules on Tuesday to simplify 14 sets of related regulations and add new provisions liberalizing banks' forex trading practices.

  • China stocks slip as market quiets down for holiday Tuesday, 30 Dec 2014 | 12:13 AM ET

    *Shanghai market set to be world's best performer in 2014. *Hong Kong market fails to share mainland's gains. Barring a last-minute crash, Shanghai is set to be the world's best performing major exchange in 2014, up over 50 percent for the year.

  • SHANGHAI, Dec 30- China's yuan hit a seven-month low to the dollar on Tuesday and nearly touched its 2- percent daily trading limit for the first time, battered by increasingly bearish sentiment towards the currency. The yuan looks set to end the year down 2.8 percent, the first meaningful annual depreciation since its landmark revaluation in 2005. In...

  • SINGAPORE/ LONDON, Dec 30- Asia has become a hotspot for a price war between African and Gulf oil producers who, hobbled by bulging global supplies and waning demand, are offering steep discounts to defend their market share in the world's top net crude buying region. But for producers it means more competition, and African sellers like Nigeria and Angola, faced...

  • TOKYO, Dec 30- The euro dipped to a 29- month low against the dollar on Tuesday as the announcement of a snap election in Greece threw the country into a fresh round of political turmoil. The austerity-minded leading coalition in Greece failed on Monday to secure enough votes in parliament to elect a president, paving the way for an early general election next year.

  • BEIJING, Dec 29- Toyota Motor Corp is likely to miss its 2014 objective of selling over 1.1 million vehicles in China because of a faster-than-anticipated economic slowdown and resulting price war in the local auto market. The shortcoming reveals continued difficulty for Japanese automakers in China even as diplomatic relations recover from a territorial...

  • JGBs pare gains and dip ahead of 10-year sale Monday, 29 Dec 2014 | 11:20 PM ET

    TOKYO, Dec 30- Japanese government bond prices shed early gains and dipped on Tuesday on caution ahead of next week's 10- year debt sale. Japan's finance ministry will auction 2.4 trillion yen of 10- year JGBs on Jan. 6. Financial markets in Japan will be closed from Wednesday, Dec. 31, to Friday, Jan. 2, and will resume trading on Monday, Jan. 5.

  • SAN FRANCISCO, Dec 29- Major U.S. retailers including Target Corp and Toys' R Us have begun allowing shoppers to collect online purchases at their brick-and-mortar stores, but a study shows the option often saves little, if any, time over in-store shopping. It comes in response to competition from the No. 1 U.S. online retailer, Amazon.com Inc, which has streamlined...

  • *Asian stocks down on Greece worries. SINGAPORE, Dec 30- Gold ticked higher on Tuesday on weaker equities, but gains were limited as the dollar was perched at a near-nine-year high versus a basket of major currencies, undermining the metal's appeal as a hedge. Asian shares got off to a lacklustre start on Tuesday, as political uncertainty in Greece made investors...