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Peter Madoff, 67, pleaded guilty in June to criminal charges including conspiracy to commit securities fraud and for falsifying books and records of the investment advisory company founded by his brother.
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DUBAI, Dec 20- Emirates NBD, Dubai's largest lender, has agreed to buy a 95.2 percent stake in BNP Paribas' Egyptian arm from the French bank in a deal which values the entire business at $500 million. ENBD, part-owned by the Dubai government, will make an offer to minority shareholders for the remaining 4.8 percent stake, the Dubai bank said in a statement on Thursday.
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DETROIT, Dec 20- Toyota Motor Corp's best-selling 2013 Camry received a "poor" crash-test rating on Thursday from an insurance industry group that awarded high marks to Honda Motor Co's redesigned Accord sedan.
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TOKYO, Dec 20- The Bank of Japan delivered its third dose of monetary stimulus in four months on Thursday in a prelude to more aggressive action next year, as it faces intensifying pressure from the country's next leader for stronger efforts to beat deflation.
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TOKYO, Dec 20- The Bank of Japan eased monetary policy on Thursday by expanding its asset-buying and lending programme, a widely expected move in response to intensifying pressure from incoming premier Shinzo Abe to deliver bolder steps to beat deflation.
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SYDNEY, Dec 20- Australia's government abandoned a long-held pledge to return its budget to surplus next year, blaming a painfully high local currency and lower export earnings for blowing a massive hole in tax takings.
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HONG KONG/ SINGAPORE, Dec 20- Hong Kong's de facto central bank said it is investigating possible misconduct by UBS over its submission of interbank rates, raising the possibility that the bank could face another fine a day after it agreed to pay $1.5 billion for its role in the Libor scandal.
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*Shanghai bonded copper premiums steady at $40- $60 a tonne- Cru. SINGAPORE, Dec 20- London copper hit its lowest in three weeks on Thursday as talks to avert a U.S. fiscal crisis stalled, keeping investors on edge, but losses were limited by signs of improvement in the economy of top consumer China.
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SINGAPORE, Dec 20- Brent crude slipped on Thursday to trade near $110 a barrel as investors took profits from recent gains after talks to avert a U.S. fiscal crisis stalled, stoking worries about demand from the world's biggest oil consumer.
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*Spot gold consolidates in $1,660- $1,688/ oz range- technicals. SINGAPORE, Dec 20- Gold edged up on Thursday as uncertainty around U.S. budget talks kept investors nervous while Asia's physical buying interest failed to lift prices substantially from a more than three-month low struck earlier this week.
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WASHINGTON, Dec 19- U.S. Senate Republicans sought to slash a $60.4 billion aid bill to cover reconstruction after Superstorm Sandy, proposing on Wednesday to fund only $23.8 billion in immediate disaster relief while assessing longer-term needs.
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SYDNEY, Dec 20- Australia's GrainCorp forecast on Thursday a drop of as much as fifth in the grain it receives from farmers next year as it defended its rejection of a sweetened $2.9 billion takeover offer from U.S. suitor Archer Daniels Midland.
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ICE has proposed a deal that would value NYSE at $33 per share, a 37 percent premium to its closing price on Wednesday, and would be funded one-third by cash and the rest in stock, CNBC said. At the close of trading on Wednesday, NYSE was worth about $5.8 billion, indicating that ICE may be willing to pay roughly $8 billion for the Big Board operator.
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HONG KONG, Dec 20- Hong Kong's de facto central bank said on Thursday it had started an investigation into possible misconduct by UBS involving submissions the bank made towards establishing the territory's interbank interest rates.
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*Mitsubishi Motors sinks after recall, sector also down. TOKYO, Dec 20- Japan's Nikkei average fell 1 percent on Thursday morning, ahead of the results of a closely watched Bank of Japan meeting, after a sharp rally the previous day that saw the index close above 10,000 for the first time since early April.
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SEOUL, Dec 20- South Korea's President-elect, Park Geun-hye, used her first major speech on Thursday to warn of the risks posed by a hostile North Korea and also fired a political shot across the bows of Japan's incoming Prime Minister Shinzo Abe.
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*Bank of Japan decision expected around 0330-0530 GMT. TOKYO, Dec 20- The Bank of Japan is expected to deliver its third dose of monetary stimulus in four months on Thursday in a prelude to more aggressive action next year, as it faces intensifying pressure from the country's next leader for stronger efforts to beat deflation.
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WASHINGTON, Dec 19- U.S. Senate Republicans sought to slash a $60.4 billion aid bill to cover reconstruction after Superstorm Sandy, proposing on Wednesday to fund only $23.8 billion in immediate disaster relief while assessing longer-term needs.
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SINGAPORE, Dec 20- London copper steadied on Thursday, but remained near two-week lows hit in the previous session as talks to avert a U.S. fiscal crisis stalled, keeping investors on edge.
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Dec 19- A final version of new U.S. economic sanctions against Iran would give the Obama administration more time to implement measures aimed at its energy, shipping and port sectors, but otherwise was little changed from an initial draft released last month.