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  • *China trade numbers beat forecast. SYDNEY, Oct 13- Asian stocks stumbled to seven-month lows on Monday, while crude oil prices were pinned near a four-year trough as promising trade numbers out of China failed to cheer a market still worried about faltering global growth. MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.8 percent, extending...

  • METALS-LME copper buoyed by brighter China trade data Sunday, 12 Oct 2014 | 11:11 PM ET

    *China trade data brighter than expected; alleviates worries. *China copper imports up 14.7 percent to 390,000 T in Sept. SYDNEY, Oct 13- London copper climbed on Monday after Chinese data painted a slightly brighter picture of the world's second largest econmy, adding to supportive comments by China's leaders about the country's economic growth prospects.

  • HONG KONG, Oct 13- China's Agile Property Holdings Ltd is in talks with banks to extend a remaining bridge loan, the company said on an analyst briefing call on Monday. Shares in the Hong Kong- listed property developer slumped by more than a fifth as trading in the stock resumed following news last week that it withdrew a rights issue and that its chairman Chen Zhuo...

  • SINGAPORE, Oct 13- The yen scaled a one-month high against the dollar on Monday, as heightened worries about the health of the global economy continued to shore up the safe-haven Japanese currency. A drop in U.S. equities futures on Monday provided broad support for the yen, said Jeffrey Halley, FX trader for Saxo Capital Markets in Singapore.

  • SINGAPORE, Oct 13- Gold jumped sharply in early Asian hours on Monday as the global economic outlook continued to worry investors, who sought safety in bullion amid a sell-off in equities and the dollar. *Spot gold rose to a high of $1,231.95 an ounce before trading up 0.5 percent at $1,229.50 an ounce by 0031 GMT. *Gold is often seen as an alternative investment to...

  • SYDNEY, Oct 13- London copper edged up on Monday after supportive comments by China's leaders about the country's economic growth prospects, although gains were capped ahead of key trade data from the world's top user of metals. *The most-traded December copper contract on the Shanghai Futures Exchange rose 0.5 percent to 47,810 yuan a tonne in overnight trade.

  • *Japan shut for holiday, China trade data in focus. MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.5 percent, extending last week's 1.1 percent drop. At an International Monetary Fund and World Bank meeting in Washington on Saturday, IMF member countries called for bold action to bolster the global economic recovery and flagged Europe as a...

  • LONDON/ NEW YORK, Oct 12- Saudi Arabia is quietly telling oil market participants that Riyadh is comfortable with markedly lower oil prices for an extended period, a sharp shift in policy that may be aimed at slowing the expansion of rival producers including those in the U.S. shale patch. Some OPEC members including Venezuela are clamoring for urgent production...

  • *France and Italy seeking focus on public investment. LUXEMBOURG, Oct 13- France and Italy will keep pressure on Germany this week to use government money to revive the euro zone's stagnating economy but in a sign of inertia, a promised list of projects to create growth will not be ready until December. European finance ministers take the argument to Luxembourg on...

  • *Some storage sites expected to be full by 2016. SEOUL, Oct 13- Among the usual commercials for beer, noodles and cars on South Korean TV, one item stands in marked contrast. It plans to cram those sites with more fuel than they were originally intended to hold while it looks for a permanent solution, suggesting little has been learned from the Fukushima disaster in...

  • NEW YORK, Oct 12- The average price of a gallon of gasoline in the United States dropped 12 cents in the past three weeks to its lowest point in nearly a year, driven by the latest round of falling oil prices, according to the Lundberg survey released on Sunday. Prices fell to an average of $3.26 per gallon for regular grade gasoline, according to the survey conducted on...

  • Reuters Business News Schedule at 1800 GMT/4 PM ET Sunday, 12 Oct 2014 | 4:06 PM ET

    NEW YORK- For Federal Reserve officials already worried about a persistent lack of U.S. wage and price growth, one corner of the bond market may be suggesting even more reason for alarm. The Treasury Inflation Protected Securities market is suggesting price stagnation may be just around the corner. NEW YORK- U.S. regulators are asking banks for more detail on...

  • NEW YORK, Oct 12- U.S. investment firms are readying the first line of exchange-traded funds designed to give American investors access to China's swelling onshore bond market, which has been largely closed off to foreigners. At least four fund managers- Deutsche Bank AG, Global X Funds, KraneShares and Van Eck Global- have outlined plans to launch China onshore...

  • PARIS/ FRANKFURT, Oct 12- One of France's largest banks is teaming up with social network Twitter Inc. this week to allow its customers to transfer money via tweets. The move by Groupe BPCE, France's second largest bank by customers, coincides with Twitter's own push into the world of online payments as the social network seeks new sources of revenue beyond...

  • WASHINGTON, Oct 12- Greece has begun talks for ending International Monetary Fund aid to the country, but will continue to have routine post-bailout reviews by the Washington- based group, a Greek official said after talks with the IMF's chief on Sunday. The IMF is deeply unpopular in Greece for insisting on austerity cuts under Greece's 240 billion euro EU/IMF...

  • Balances remaining on auto loans have risen by about a third since April 2011, reaching an all-time high of $924.2 billion in August, according to credit reporting bureau Equifax. The Consumer Financial Protection Bureau said in September that it is taking steps to oversee auto lenders that have previously been less regulated, and companies like GM Financial...

  • NEW YORK, Oct 12- The missteps in Dallas's handling of the first Ebola case diagnosed in the United States have revealed an uncomfortable reality: state and city plans for handling the deadly virus are based on generic recommendations for everything from measles to floods, to hurricanes and dirty bombs. Reuters checks with health departments in six states and...

  • WASHINGTON, Oct 12- Investment funds will come under increased focus from global financial regulators, the head of a worldwide push to prevent a repeat of the financial crisis said on Sunday. "However, there must also be a focus, as there has been with banks, on the systemic risks it could create," he said in a speech on the sidelines of meetings at the International...

  • *Gas Natural to launch 4,700 peso per share bid for CGE. MADRID/ SANTIAGO, Oct 12- Spain's Gas Natural on Sunday said it would launch a $3.3 billion takeover offer for Chile's biggest electricity distributor Compania General de Electricidad, in a bid to boost its presence in growing Latin American markets. As part of the deal with those investors, Gas Natural will...

  • WASHINGTON, Oct 12- Investment funds will come under increased focus from global financial regulators, the head of a worldwide push to prevent a repeat of the financial crisis said on Sunday. "However, there must also be a focus, as there has been with banks, on the systemic risks it could create," he said in a speech on the sidelines of meetings at the International...