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  • TOKYO, Nov 4- Japanese government bonds soared at the long end of the yield curve on Tuesday, as investors tried to catch up following the Bank of Japan's surprise easing steps at the end of last week that include buying more longer maturities. Tokyo financial markets were closed for a public holiday on Monday. It said it will increase its purchases of government...

  • LONDON, Nov 4- European shares gained ground and core bond yields dipped on Tuesday following a raft of company trading updates, bucking a more muted trend in Asia and the United States as oil prices extended their fall and economic growth fears lingered. U.S. crude oil was trading down by more than $1 at $77.61 a barrel, while Brent crude futures also fell to $83.66,...

  • LONDON, Nov 4- The co-head of fixed-income trading at Deutsche Bank in London, Zar Amrolia, has stepped down and will assume a new role in the bank, a person close to the situation said on Tuesday. Amrolia first joined Deutsche Bank on the foreign exchange options desk in 1995, then moved to Goldman Sachs, returning to Deutsche in 2004 as global head of foreign...

  • *Norway's crown takes a hammering from oil price slide. Early in Europe the euro had recovered around 0.2 percent from lows below $1.25 hit on Monday while the yen had bounced around a third of a percent to 113.63, steadying after an almost 5- yen fall which was its worst in 25 years. "I don't think this is anything other than just a small retracement," said Graham...

  • *Region's biggest economy Kazakhstan needs reforms for growth. ALMATY, Nov 4- Economic growth in the Caucasus and Central Asia will weaken this year and next, hit by a slowdown in Russia, the International Monetary Fund said on Tuesday. IMF economists divide the region into hydrocarbon exporters Azerbaijan, Kazakhstan, Turkmenistan and Uzbekistan and oil and...

  • UPDATE 1-Imperial Tobacco results hurt by destocking Tuesday, 4 Nov 2014 | 3:36 AM ET

    LONDON, Nov 4- Imperial Tobacco Group reported declines in full-year revenue and profit on Tuesday, hurt by currency exchange rates and a reduction of inventories in several markets. It has tackled this by cutting costs, including closing factories, resulting in over 60 million pounds of savings in the year to Sept. 30. Adjusted earnings per share fell 3 percent to...

  • YOKOHAMA, Nov 4- Nissan Motor Co reported a slight increase in second-quarter profit on Tuesday, beating analyst estimates, as record sales in the United States dulled the impact of a slowdown in China. Weakness in China and other emerging markets led Nissan to lower its global sales forecast by 200,000 vehicles, the automaker said on Tuesday.

  • PARIS, Nov 4- European stocks dipped on Tuesday, adding to the previous session's losses, with resource-related shares falling as iron ore prices dropped to near five-year lows while Brent crude oil slipped towards $84 a barrel. Shares in Hugo Boss featured among the top losers, down 6.1 percent after the German fashion house cut its 2014 sales and profit outlook.

  • SHANGHAI, Nov 4- Hong Kong shares ended mixed in a volatile session on Tuesday, with Chinese listings in the territory gaining on optimism over planned reforms of state-owned enterprises. The Hang Seng Index unofficially closed down 0.3 percent at 23,845.66 points, while the China Enterprises Index of the leading offshore Chinese listings in Hong Kong rose...

  • NICOSIA, Nov 4- The euro zone risks a loss of economic momentum and a delayed recovery unless governments match the European Central Bank's monetary stimulus with fiscal and structural policies to support growth, ECB policymaker Benoit Coeure said on Tuesday. Coeure, a member of the ECB's six-member Executive Board that forms the core of the policymaking...

  • *Japan struggling to balance growth with fiscal discipline. TOKYO, Nov 4- A prominent adviser to Japanese Prime Minister Shinzo Abe urged the government on Tuesday to delay a sales tax hike scheduled for next year to prevent causing a fall in consumer spending that would derail the economy. Koichi Hamada, professor emeritus of economics at Yale University and a...

  • Saudi Arabia adds to oil power with new refineries Tuesday, 4 Nov 2014 | 3:00 AM ET

    *With excess volumes, Riyadh seeks foothold in global market. DUBAI/ KHOBAR, Saudi Arabia, Nov 4- Saudi Arabia's tighter grip on the oil market from the desert derrick to the petrol pump, thanks to two new refineries, is redefining its role as a crude exporter and OPEC kingpin. Crude exports from the OPEC heavyweight have been sliding in recent months to their lowest...

  • NEW DELHI, Nov 4- Plans by India's ONGC Videsh to drill for shale oil in Siberia could be delayed as sanctions against Moscow make it more difficult to work with U.S. firms to retrieve the hard-to-reach commodity in Russia, its managing director said. As part of sanctions over conflict in Ukraine, the United States in September banned its firms from supporting...

  • LONDON, Nov 4- Tonic water maker Fever-Tree Drinks said on Tuesday it had placed about 60 percent of its equity at 134 pence a share in a London listing that values the group at 154.4 million pounds. The proceeds of 89.3 million pounds will go to backer LDC and senior managers of the company, it said, while an additional 4 million pounds will be raised from the sale of...

  • STOCKHOLM, Nov 4- Swedish security firm Securitas posted on Tuesday a bigger than expected rise in third-quarter core profit and said an increase in staff costs due to a U.S. health care reform would be lower than previously assumed. Securitas said it saw an increase in costs due to compulsory healthcare insurance for its U.S. employees-- part of the Affordable...

  • BEIJING, Nov 4- China's Xiaomi Technology Co Ltd said on Tuesday it would spend $1 billion to expand its internet TV content as the world's third largest smartphone maker ramps up its push into the living room, and a market estimated to be worth $3 billion. In a post on its official Weibo microblog, Xiaomi said it had hired Chen Tong, a former executive at Chinese...

  • BEIJING, Nov 4- China on Tuesday pressed its case for measures to create an alternative Asia-Pacific regional free trade area at an upcoming summit in Beijing, a framework that some see as an effort to attention away from a separate U.S.-backed trade deal. China is promoting its Free Trade Area of the Asia-Pacific plan ahead of this month's Asia Pacific Economic...

  • *Saudi Arabia slashes oil prices for U.S. customers. *OPEC concerned over price fall but not panicking- UAE. SINGAPORE, Nov 4- Brent crude fell below $84 a barrel on Tuesday, extending losses to a fourth session after top oil exporter Saudi Arabia cut prices to the United States.

  • LONDON, Nov 4- Primark owner Associated British Foods posted a 6 percent rise in 2013-14 earnings, though it cautioned it saw limited opportunity for growth in the new year due to an expected large reduction in profit from its sugar business. AB Foods said adjusted earnings per share were 104.1 pence in the year to Sept. 13, up from 98.9 pence in the same period last...

  • Imperial Tobacco results hurt by destocking Tuesday, 4 Nov 2014 | 2:24 AM ET

    LONDON, Nov 4- Imperial Tobacco Group reported declines in full-year revenue and profit on Tuesday, hurt by currency exchange rates and a reduction of inventories in several markets. The maker of Davidoff and Gauloises cigarettes said net revenue for the year to Sept. 30 fell 6 percent. Adjusted earnings per share fell 3 percent to 203.4 pence on a reported basis...