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  • Cooling growth and inflation could give the Reserve Bank of India reason to cut interest rates again in the coming months but any move may depend on the government's annual budget due on Feb. 28. The HSBC Manufacturing Purchasing Managers' Index, compiled by Markit, fell to a three-month low of 52.9 in January from December's two-year high of 54.5.

  • EXCLUSIVE-OBAMA FY 2016 BUDGET PROPOSES $7.4 BILLION FOR PROGRAMS THAT STIMULATE CLEAN ENERGY TECHNOLOGIES- OFFICIALS.

  • OBAMA BUDGET PROPOSES ESTABLISHING $4 BILLION "CLEAN POWER STATE INCENTIVE FUND" TO ENCOURAGE STATES TO MAKE FASTER, DEEPER EMISSIONS CUTS- OFFICIALS.

  • WASHINGTON, Feb 2- President Barack Obama's fiscal 2016 budget proposes $7.4 billion to fund clean energy technologies and a $4 billion fund to encourage U.S. states to make faster and deeper cuts to emissions from power plants, officials told Reuters.

  • NEW YORK, Feb 2- Just as the Obama administration is starting to pull down barriers to exporting an abundance of U.S. shale oil, the topsy-turvy global oil markets have thrown up new ones. Enterprise Products Partners, which had gained a jump on rivals with export clearance last summer, failed to award a one-year tender to sell processed condensate after a round of...

  • *New listings, Arrest of China Minsheng president weigh. SHANGHAI, Feb 2- Stocks in China and Hong Kong fell on Monday after regulators approved a flurry of IPOs and as official data showed China's factory activity unexpectedly shrank in January. In Hong Kong, the Hang Seng index dropped 0.3 percent to 24,438.50 points.

  • SYDNEY/ TOKYO, Feb 2- The yen briefly touched a two-week high versus the dollar on Monday, while commodity currencies were fragile as worries about the health of the Chinese economy added to unease following a selloff on Wall Street. The dollar slid to a two-week low of 116.64 yen in early trade, its lowest since Jan. 16, down from around 117.52 late in New York on Friday.

  • SHANGHAI, Feb 2- General Motors said on Monday that one of its Chinese ventures plans to establish manufacturing operations in Indonesia to take advantage of growth in Southeast Asia's biggest vehicle market. Sources told Reuters that GM and SAIC would make a joint push into Indonesia, using their no-frills Wuling brand to establish a beachhead in Southeast...

  • China's yuan nearly hits band limit on strong dollar Sunday, 1 Feb 2015 | 10:22 PM ET

    HONG KONG, Feb 2- China's yuan slipped to within striking distance of its daily limit on Monday as investors boosted bets that authorities will tolerate a weaker currency after the latest data suggested the economy was losing further momentum. China's factory activity unexpectedly shrank for the first time in nearly 2-1/ 2 years in January and firms see more...

  • *Gold gained over 8 pct in Jan, best month in 3 years. SINGAPORE, Feb 2- Gold steadied near $1,280 an ounce on Monday, after posting its biggest monthly gain in three years, as a shaky outlook for the global economy preserved bullion's safe-haven draw. Weekend data showed China's factory sector shrinking in January for the first time since 2012. This report came...

  • JAKARTA, Feb 2- Indonesia's manufacturing activity shrank for the fourth straight month in Janaury but at a slower pace, indicating the industry could be stabilising, the HSBC Markit purchasing managers' index survey showed on Monday. "There are still signs that, while manufacturing sector conditions are likely to remain soft in the upcoming months, the sector...

  • *Seiko Epson, Konica Minolta dive after earnings. TOKYO, Feb 2- Japanese share prices fell on Monday after economic data from the U.S. and China cast shadows on the global economic outlook, while shares in two printer manufacturers tumbled after their earnings disappointed investors. Printer maker Seiko Epson fell 10.6 percent and rival Konica Minolta dropped...

  • *HSBC/ Markit final PMI level 49.7 vs Dec 49.6. SHANGHAI, Feb 2- Activity in China's factory sector shrank for the second straight month in January, a private business survey showed on Monday, as the new year got off to a rocky start for the world's second-largest economy. "Demand in the manufacturing sector remains weak and more aggressive monetary and fiscal easing...

  • TOKYO, Feb 2- Japanese government bond prices rose on Monday largely in sympathy with the likes of U.S. A decline in Tokyo's Nikkei and a regular bond purchasing operation by the Bank of Japan, a part of its extensive easing scheme, also maintained a steady appetite for JGBs. However, some caution ahead of Tuesday's 2.4 trillion yen 10- year JGB auction capped price...

  • MELBOURNE, Feb 2- Shanghai copper jumped more than two percent on Monday, after factory growth in China shrank for the first time in more than two years, fueling hopes for increased stimulus from the world's second biggest economy. *The most-traded April copper contract on the Shanghai Futures Exchange was up 2.1 percent at 40,030 yuan a tonne by 0143 GMT.

  • SHANGHAI, Feb 2- Activity in China's factory sector shrank for a second month in January, a private business survey showed on Monday, as the new year got off to a rocky start for the world's second largest economy. A similar survey released by the government on Sunday showed China's factory sector unexpectedly shrank for the first time in nearly 2-1/ 2 years in...

  • TOKYO, Feb 2- Japanese manufacturing activity showed sustained growth in January, a survey showed on Monday, suggesting domestic demand continues to recover after the economy fell into a surprise recession last year. The final Markit/ JMMA Japan Manufacturing Purchasing Managers Index was 52.2 in January, slightly above a preliminary reading of 52.1 and...

  • SINGAPORE, Feb 2- Oil prices fell early on Monday after U.S. unions called a refinery strike and traders cashed in on strong price gains last week when the market soared more than 8 percent on a sharp drop in U.S. drilling. Brent crude oil futures were trading at $51.92 a barrel at 0100 GMT and U.S. WTI futures were at $47.17 a barrel, both down $1.07 a barrel.

  • SINGAPORE, Feb 2- Gold steadied above $1,280 an ounce on Monday after posting its biggest monthly gain in three years in the prior session following weaker-than-expected U.S. economic growth in the fourth quarter. Bullion is likely to maintain its safe-haven appeal amid renewed concerns over the global economy with data showing China's factory sector...

  • Oil prices fall more than a dollar after rally Sunday, 1 Feb 2015 | 7:29 PM ET

    SINGAPORE, Feb 2- Oil prices fell in early trading on Monday as unions called a strike at U.S. oil and chemical plants on the weekend, cutting some of the gains made late last week when prices roared more than 8 percent on a sharp drop in U.S. drilling. Brent crude oil futures were trading at $51.98 a barrel at 0020 GMT, down $1.01, and U.S. WTI futures were trading at $47.22 a...