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  • INTERVIEW-ECB VICE PRESIDENT CONSTANCIO SAYS THERE IS SCOPE TO INCREASE QE IF NECESSARY, SCHEME SMALL COMPARED TO SIMILAR FED, BOE, BOJ PROGRAMMES.

  • ECB'S CONSTANCIO: EURO AREA FACING A PROTRACTED PERIOD OF LOW GROWTH.

  • SHANGHAI, Sept 16- China's top economic planner on Wednesday told Chinese firms with good credit to issue bonds in cheaper offshore markets to support domestic investment and major national projects. The National Development and Reform Commission said on Wednesday the offshore borrowing should suppport initiatives such as the "one belt, one road,"...

  • Glencore raises $2.5 billion in share placement Wednesday, 16 Sep 2015 | 2:21 AM ET

    Sept 16- Mining and trading group Glencore said on Wednesday it has raised $2.5 billion through a share placement as part of its plans to cut debt. The London- listed company said on Tuesday that it planned to place up to 1.31 billion new shares, representing 9.99 percent of its share capital. The sale was priced at 125 pence a share, the company said on Wednesday.

  • TOKYO, Sept 16- Japanese stocks rose on Wednesday as investors continued to cover short positions after strong U.S. consumer spending buoyed sentiment, with automakers and electronics shares leading the gains. But volume was thin, as most long-term investors remained on the sidelines ahead of Thursday's U.S. Federal Reserve policy meeting, which may end...

  • *CITIC shares down 1.4 pct in Hong Kong, 1 pct in Shanghai. SHANGHAI/ HONG KONG Sept 16- Shares in CITIC Securities, China's biggest brokerage, fell on Wednesday after the company said some senior managers are under police investigation as part of a probe by Beijing into possible market manipulation linked to the slump in its stock markets. He forms part of the...

  • FOREX-Dollar grinds lower in Fed waiting game Wednesday, 16 Sep 2015 | 1:21 AM ET

    TOKYO, Sept 16- The dollar edged down in Asian trade on Wednesday but was underpinned by lofty U.S. yields after upbeat consumer spending data kept alive expectations that the U.S. "The dollar/yen sold off a bit in Tokyo, but some viewed it as a good chance to buy on dips," said Kaneo Ogino, director at foreign exchange research firm Global-info Co in Tokyo.

  • China says steel export limits won't solve trade tensions Wednesday, 16 Sep 2015 | 1:06 AM ET

    BEIJING, Sept 16- Using anti-dumping measures to restrict Chinese steel exports will not provide a lasting solution to growing trade tensions in the sector, which is suffering from overcapacity on a global scale, China's commerce ministry said on Wednesday. But Shen Danyang, spokesman for the Ministry of Commerce, told reporters that there were no grounds to...

  • Volatility seen lingering no matter what the Fed does Wednesday, 16 Sep 2015 | 1:01 AM ET

    NEW YORK, Sept 16- While investors, traders and forecasters may be on the fence as to whether the Fed pulls the trigger this week on the first U.S. interest rate hike in nearly a decade, Wall Street's "smart money" is decisive on one thing: market volatility will linger. "There is a general consensus in the market that the Fed meeting will continue the volatility, and if...

  • SAN FRANCISCO, Sept 16- Apple Inc. faces significant challenges selling its larger and more powerful iPad Pro to businesses because companies are reluctant to switch software vendors and use an expensive device that lacks specialized business apps, analysts said. "They've tried to... focus on the enterprise but over the last two years it has really not been...

  • SINGAPORE, Sept 16- U.S. oil prices extended gains in Asia on Wednesday on an unexpected stockpile draw and higher gasoline prices, while international crude markets were weaker on the back of low Asian economic growth expectations. West Texas Intermediate crude futures were trading at $44.91 per barrel at 0453 GMT on Wednesday, up 32 cents from their last...

  • *Any relief rally could hinge on China growth stabilising. SINGAPORE, Sept 16- Despite the long drum roll anticipating what could be the U.S. Expectations on timing had centred on September, but as U.S. inflation came in below target, commodity prices fell and China's slowing growth cast a chill over the global economy, a delay to December looks likely.

  • China stocks calm after 2-day slump; Hong Kong rises Wednesday, 16 Sep 2015 | 12:55 AM ET

    SHANGHAI, Sept 16- China stocks calmed down on Wednesday morning after falling 6 percent over the past two days, as a rebound in small-caps offset weakness in banking shares. On Tuesday, CITIC Securities said police were investigating senior managers. Investors focus was also on CITIC Securities and the investigations that involve general manager Cheng...

  • NEW DELHI, Sept 16- India is considering allowing state retirement funds to invest more in equities and opening them up to private-sector management to improve returns, as Prime Minister Narendra Modi seeks to expand the country's tiny pensions net. Hemant Contractor, head of the Pension Fund Regulatory and Development Authority, told Reuters he was pushing...

  • BEIJING, Sep 16- China, the world's top soybean buyer, will purchase millions of tonnes of the oilseed from the United States during President Xi Jinping's visit to the country next week, industry sources said. China buys more than 60 percent of the globally-traded volume of soybeans, and the crop is routinely on the shopping list of Chinese leaders visiting the...

  • CARACAS, Sept 15- Venezuelan President Nicolas Maduro said on Tuesday he would travel shortly to seek support for his push for a summit between OPEC and non- OPEC producers on lower oil prices. This week Maduro reiterated calls for action within OPEC and beyond OPEC, mentioning controls on output and price bands. "Probably in coming days I will travel to reinforce...

  • The new "Enterprise Services" unit will be under the company's Comcast Business division, which currently offers services to small-to-medium businesses, Comcast said in a statement. Over the last six to nine months, Comcast has signed up 25 to 30 customers with $45 million in contracts, Bill Stemper, president of Comcast Business, said in an interview.

  • U.S. universities lead in innovation, Asia a rising power Wednesday, 16 Sep 2015 | 12:00 AM ET

    The inaugural Reuters Top 100 survey, published on Wednesday, places Stanford University in top spot, reflecting its position as a crucible for new ideas at the heart of Silicon Valley. Stanford alumni have gone on to create some of the world's biggest technology companies, including Hewlett-Packard, Yahoo and Google. South Korea has eight schools in the top 100...

  • SINGAPORE, Sept 16- Gold struggled to break out of a tight range near a one-month low on Wednesday, as investors waited to hear the outlook for U.S. interest rates from a Federal Reserve policy meeting that kicks off later in the session. Spot gold was little changed at $1,104.60 an ounce by 0330 GMT. Expectations the central bank will hike rates at the two-day policy...

  • SHANGHAI, Sept 16- China's yuan weakened Wednesday morning but was almost unchanged against the dollar at midday after state-owned banks bought the currency on behalf of the central bank to stabilize its rate, traders said. "There are persistent small amounts of yuan purchases from state-owned banks on Wednesday," said a trader at a Chinese commercial bank.