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TOKYO, Dec 20- Japan's Nikkei average dropped on Thursday in active trade after the central bank's third dose of monetary stimulus disappointed the market and triggered profit-taking, although the index managed to end above 10,000. The Nikkei shed 1.2 percent to 10,039.33, after surging 2.4 percent on the previous day to 10,160.40, logging its biggest one-day percentage rise since September 2011.
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HONG KONG, Dec 20- China shares ended at their highest since August, reversing midday losses on strength in big resource counters after the state-owned China Daily reported industry leaders as saying export quotas for rare earth metals will hold steady next year.
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*GrainCorp to hold further talks with ADM- CEO. SYDNEY, Dec 20- Australia's GrainCorp defended on Thursday its rejection of a sweetened $2.9 billion takeover offer by Archer Daniels Midland, but said it remained open to higher offers and would hold further talks with its U.S. suitor.
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SEOUL, Dec 20- A Park will be back in South Korea's presidential mansion come February, and the big businesses, or chaebol, that dominate the country's economy will be breathing a sigh of relief that her left-wing challenger did not win Wednesday's presidential vote.
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ZURICH/ NEW YORK Dec 19- U.S. prosecutors charged two former UBS traders with taking part in a multi-year scheme to manipulate Libor and other benchmark interest rates, making them the first individuals to be criminally accused in the international scandal.
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*Dubai lender ENBD buying 95.2 pct of BNP Egypt for $500 mln. DUBAI, Dec 20- BNP Paribas SA, France's largest bank, agreed to sell its Egyptian arm to Dubai lender Emirates NBD for $500 million as French lenders divest operations in the North African country to shore up their capital bases.
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TOKYO, Dec 20- Japan's Nikkei average dropped on Thursday as the central bank's latest steps disappointed the market, triggering profit-taking from a sharp rally the previous session. The Nikkei shed 1.2 percent to 10,039.33. The broader Topix was down 0.1 percent at 838.61.
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AMMAN, Dec 20- Having seen its star wane in Iraq, al Qaeda has staged a comeback in neighbouring Syria, posing a dilemma for the opposition fighting to remove President Bashar al-Assad and making the West balk at military backing for the revolt.
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WASHINGTON, Dec 20- Western states that rely on receipts from coal sales to help fund their governments are concerned the mining industry is dodging royalty payments on lucrative U.S. exports to Asia. Montana and Wyoming get half of federal royalties on coal from their states.
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CANBERRA, Dec 20- Australia's government abandoned a long-held pledge to return its budget to surplus, blaming a painfully high local currency, lower export earnings and lower company profits for blowing a massive hole in tax takings.
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WASHINGTON, Dec 20- As a year-end deadline looms, Republicans in the U.S. House of Representatives pushed ahead on Thursday with their own "fiscal cliff" plan that muddles negotiations with the White House to avoid steep tax increases and spending cuts.
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WASHINGTON, Dec 20- If there is no pre-Christmas deal on "the fiscal cliff," the U.S. Senate will return to work on Dec. 27 and resume efforts to get one, Senate Democratic Majority Leader Harry Reid said on Thursday.
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WASHINGTON, Dec 20- Pharmaceutical company Eli Lilly and Co agreed on Thursday to pay $29 million to settle civil charges that its subsidiaries made improper payments to foreign government officials to win business in Russia, Brazil, China and Poland.
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*BOJ offers gloomy assessment of Japan economy. 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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WASHINGTON, Dec 20- The U.S. Senate will not consider the alternative package of tax hikes on millionaires and spending cuts expected to be passed by House Republicans on Thursday, Senate Majority Leader Harry Reid said.
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NEW YORK, Dec 20- U.S. "It's all about the fiscal cliff resolution and it doesn't look like we are getting one, so a safe-haven bid is resulting going into year end," said Tom DiGaloma, managing director at Navigate Advisors LLC in Stamford, Connecticut.
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DUBAI, Dec 20- Emirates NBD, Dubai's largest bank, has agreed to buy BNP Paribas' Egyptian arm for $500 million, in a deal that will help the French lender shore up its capital while allowing the Dubai bank to expand its regional footprint.
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LONDON, Dec 20- The' currency wars' long deplored more than shouting matches so far, but the risk of an outbreak of outright hostilities in 2013 is growing.
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SINGAPORE, Dec 20- Brent crude slipped on Thursday to trade around $110 a barrel as investors took profits after recent gains as talks to avert a U.S. fiscal crisis stalled, stoking worries about demand in the world's biggest oil consumer.
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Dec 20- A snow storm moving through the Plains states into the U.S. The snow is good, but in most instances it was less than one inch of liquid and if the soils are frozen, there will be little infiltration, "said Brian Fuchs, climatologist with the National Drought Mitigation Center at the University of Nebraska-Lincoln."