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  • *Fast Retailing bucks weakness with strong Sept sales. TOKYO, Oct 3- Japan's Nikkei share average fell on Friday after a sharp drop in European shares curbed risk appetite and as China data hurt sentiment, but index-heavy Fast Retailing Co rose after reporting strong monthly sales. Fast Retailing, which operates Uniqlo clothing stores, rose 1.2 percent and...

  • Louis Federal Reserve President James Bullard said the central bank's policy setting committee will have to change its interest rate guidance language at the next meeting. Since March, the committee has said it will keep rates low for a "considerable time" after its current bond buying program ends. That program is set to end this month.

  • *Dollar/yen rebounds modestly as Tokyo shares bounce. A bounce in Tokyo stocks eased demand for the safe-haven Japanese currency, helping the dollar. Earlier in the week the U.S. currency had rallied to its six-year high versus the yen and a two-year peak against the euro on well-set views of monetary policies in the United States and those of the euro zone and...

  • China Sept official services PMI falls to 8-month low Thursday, 2 Oct 2014 | 9:10 PM ET

    BEIJING, Oct 3- Growth in China's services sector eased a shade in September to an eight-month low after new orders shrank for the first time in at least a year, an official survey showed on Friday, the latest sign of weakness in the world's second-largest economy. The official non-manufacturing Purchasing Managers' Index edged down to 54.0 in September from 54.4...

  • SYDNEY, Oct 3- London copper ticked up on Friday from five-month lows touched the session before, but traders said further losses couldn't be ruled out given prospects of further dollar strength and a wave of supply expected to roll into markets. *Three-month copper on the London Metal Exchange had climbed 0.7 percent to $6,645.25 a tonne by 0035 GMT, after...

  • Louis Federal Reserve President James Bullard said that manufacturing jobs are returning to the U.S. but not in sufficient numbers to drive the economy. "I think manufacturing jobs are coming back, but it's not a large macro-economic event," Bullard said in a question and answer session here following a speech to a local business group. Bullard also said he would...

  • SINGAPORE, Oct 3- Gold was poised for a fourth weekly loss in five on Friday as the dollar rallied to another weekly gain, while robust U.S. economic data also curbed the metal's safe-haven appeal. *Spot gold slipped $1 to $1,212.15 an ounce by 0045 GMT. *SPDR Gold Trust, the top gold-backed exchange-traded fund and a good proxy for investor sentiment, said its holdings...

  • Oct 2- Sears Holdings Corp is turning to its chief executive for cash for the second time in three weeks in a sign that its efforts to sell off assets are coming up short. The retailer announced Thursday that it would raise up to $380 million by lowering its stake in Sears Canada to 12 percent from 51 percent through a rights offering. The move comes after a year-long...

  • Hong Kong unrest, U.S. nonfarm payrolls in focus. SYDNEY, Oct 3- Asian stocks were on the defensive on Friday despite a late bounce on Wall Street with sentiment staying fragile as the civil unrest in Hong Kong and caution ahead of a closely watched U.S. jobs report kept investors on edge. MSCI's broadest index of Asia-Pacific shares outside Japan edged up 0.06...

  • French court to begin Airbus insider trading trial Thursday, 2 Oct 2014 | 8:19 PM ET

    PARIS, Oct 3- A long-awaited French corporate trial involving allegations of insider trading in the shares of Airbus Group gets under way on Friday, marking the climax of an eight-year investigation. Seven current and former managers at Europe's largest aerospace group, and two former industrial shareholders, are accused of trying to profit from inside...

  • TOKYO, Oct 3- U.S. crude futures extended gains on Friday to stay above $91 a barrel, around $3 above the 17- month low hit a day earlier, supported by data showing a drop at the Cushing, Oklahoma, oil stockpiles hub and a fall in U.S. unemployment claims. *NYMEX crude for November delivery was up 16 cents at $91.17 a barrel by 0002 GMT, after settling up 28 cents at $91.01 on...

  • DIARY - Top economic Events to Oct 15 Thursday, 2 Oct 2014 | 8:01 PM ET

    KRISTIANSAND, Norway- Norges Bank Deputy Governor Jon Nicolaisen and Norges Bank Investment Management Chief Risk Officer Jan Thomsen address Norges Bank's regional network in Kristiansand. STOCKHOLM- Sweden's central bank Governor Stefan Ingves will hold a presentation for the Swedish Center for Business and Policy Studies/SIFR Finance panel.

  • TUPELO, Miss., Oct 2- The Federal Reserve's third round of bond buying had a better than expected impact on the U.S. labor market, a Fed official said on Thursday, making it all the more necessary for the central bank to move faster with hiking interest rates. Louis Fed President James Bullard pointed out that the economy has exceeded the economic forecasts the Fed...

  • FED' S BULLARD SAYS THIRD ROUND OF BOND BUYING MORE SUCCESSFUL THAN EXPECTED, ESPECIALLY IN TERMS OF LABOR MARKET.

  • BULLARD SAYS POLICY RATE NORMALIZATION PROCESS' FAR BEHIND' SCHEDULE LAID OUT AT SEPT. 2012 LAUNCH OF QE3.

  • Ex-Googler leads Softbank invasion of Hollywood Thursday, 2 Oct 2014 | 7:35 PM ET

    Oct 2- Softbank Corp's investment in a Hollywood movie studio represents the coming out party for two new players in the U.S. entertainment industry-- the Japanese telecommunications company and Nikesh Arora, the former Google Inc executive running a new media and internet company. Two months after unexpectedly decamping from Google for SoftBank, Arora...

  • Oct 2- Names, addresses, phone numbers and email addresses of the holders of some 83 million households and small business accounts were exposed when computer systems at JPMorgan Chase& Co were recently compromised by hackers, making it one of the biggest data breaches in history. The bank revealed the scope of the previously disclosed breach on Thursday, saying...

  • DETROIT, Oct 2- Without a series of settlements, Detroit would face years of costly litigation from creditors and others, with no guarantee that the city would win, Kevyn Orr, Detroit's emergency manager, said on Thursday. The bond insurance company, which local media has reported is in settlement talks with Detroit, faces a recovery of 10 cents to 13 cents on the...

  • HONG KONG, Oct 3- Hundreds of casino workers in gambling hub Macau plan to walk off the job on Friday to demand higher wages and better benefits, a union leader said, the latest in a wave of labour unrest to hit casino operators also facing shrinking revenues. Dealers at the flagship casino of MGM China Holdings Ltd, a unit of U.S.-based MGM Resorts International, plan...