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  • JGBs edge down ahead of 10-year auction Monday, 2 Mar 2015 | 4:06 AM ET

    TOKYO, March 2- Japanese government bonds edged down on Monday as investors prepared for the following day's monthly auction of 10- year JGBs, with the Bank of Japan's bond-buying operations providing some support to the market. The BOJ offered to buy 50 billion yen of JGBs maturing in one year, 240 billion yen in the 10- year to 25- year zone and another 140 billion...

  • BENGALURU, March 2- Euro zone manufacturing growth steadied in February to match January's six-month high, helped by a weaker euro that boosted export orders and a faster pace of hiring, a business survey showed on Monday. "The euro zone manufacturing sector barely expanded in February, highlighting the malaise that still hangs over the region's...

  • NEW YORK, March 2- AT&T Inc will link its connected car and smart home technologies to bolster its foothold in the fast-growing market for Internet-connected devices, a new battleground for the company and rivals ranging from Verizon to Google Inc.. The wireless company's home security and automation service "Digital Life" and connected car service "Drive" will...

  • DETROIT, March 2- Qualcomm Inc, a maker of smartphone chips and software, unveiled on Monday fourth-generation LTE modems that will enable cars to stay better-connected wirelessly to cloud-based services via the Web. Qualcomm's Snapdragon X12 and X5 modems are designed to be embedded in cars and work with owners' mobile devices to access a variety of Internet...

  • LONDON, March 2- GlaxoSmithKline and Novartis said on Monday they had completed a series of asset swaps worth more than $20 billion that will reshape both drugmakers. GSK is forming a consumer health joint venture with Novartis, while at the same time buying the Swiss company's vaccines business and divesting its cancer drugs portfolio to Novartis.

  • LONDON, March 2- European shares kicked off March on a flat note on Monday, with a boost from merger activity in the telecoms sector offset by falls in media group Vivendi. The French media group said on Friday it had agreed to sell its remaining stake in telecoms company Numericable-SFR to Altice at 40 euros per share- well below Numericable-SFR's share price of...

  • SINGAPORE, March 2- Oil dropped more than 1 percent on Monday, with Brent slipping below $62 a barrel, depressed by a stronger dollar and a rise in Libya's crude output. "The U.S. dollar strength and euro weakness tend to offset any positive reaction that we're supposed to see in oil prices," said Ric Spooner, chief analyst at CMC Markets in Sydney. Brent crude hit a low of...

  • MUMBAI/ NEW DELHI, March 2- India's government and central bank have agreed to commit to inflation targeting, in the biggest change to monetary policy since India's economy was opened up more than two decades ago, putting priority on subduing almost chronically volatile prices. Reserve Bank of India Governor Raghuram Rajan has championed the move to inflation...

  • Hong Kong shares edge up after China rate cut Monday, 2 Mar 2015 | 3:11 AM ET

    HONG KONG, March 2- Hong Kong shares edged up on Monday after China's central bank cut interest rates to support the slowing economy. The People's Bank of China cut interest rates for the second time in just over three months late on Saturday, as the government hopes to further reduce companies' financing costs. Among the most actively traded stocks on Hong Kong's...

  • China's central bank cut interest rates on Saturday, ahead of factory health readings that showed some worrying signs on growth, in the latest bid to support the world's second-largest economy, as its momentum slows and deflation risks rise. Activity in China's factory sector edged up to a seven-month high in February but export orders shrank and...

  • SINGAPORE, March 2- Malaysia Airlines is re-negotiating contracts, reviewing its fleet and routes, and identifying almost a third of staff to lay off as part of a state-led restructuring programme, owner Khazanah Nasional Bhd said on Monday. The sovereign wealth fund's update on Malaysian Airline System Bhd is the first since it took the carrier private in...

  • MOSCOW, March 2- The Russian rouble weakened at opening on Monday, hurt by a decline in oil prices and the murder on Friday of prominent Kremlin critic Boris Nemtsov. Oil, Russia's chief export, fell about 1 percent on Monday on supply concerns, with becnhmark Brent at $61.9 per barrel, after the first monthly rise since June. "The murder of the famous oppositionist...

  • *No March bookings of Iran oil shipments by India so far- trade. *MRPL buys from Kuwait, Saudi Arabia to replace Iran oil- source. India, Iran's top client after China, shipped in about 102,200 barrels per day of crude and condensate from Tehran in February, the lowest since July 2013, and down 63 percent from January and 62 percent from a year ago, according to tanker...

  • *China Feb PMI edges up to 7- mth high- HSBC. Brent crude was down 38 cents at $62.20 a barrel by 0645 GMT after an 18 percent gain in February, the largest monthly rise since May 2009. Manufacturing activity in China edged up to a seven-month high in February, HSBC's survey showed.

  • The CSI300 index of the largest listed companies in Shanghai and Shenzhen rose 0.8 percent to 3,601.27 points, while the Shanghai Composite Index gained 0.8 percent to 3,336.28. Among the most active stocks in Shanghai were Bank Of China, unchanged at 4.11 yuan; China Petroleum, down 1.1 percent to 6.25 yuan and Agricultural Bank of China, up 0.3 percent to 3.35...

  • Russian rouble weakens at opening on Monday Monday, 2 Mar 2015 | 2:06 AM ET

    MOSCOW, March 2- The Russian rouble weakened at opening on Monday, hurt by a decline in oil prices and the murder on Friday of a prominent Kremlin critic Boris Nemtsov. At 0702 GMT, the rouble was around 0.5 percent weaker against the dollar at 61.95 and lost 0.6 percent to trade at 69.28 versus the euro. For rouble poll data see.

  • GENEVA, March 2- The main talking point at this week's Geneva car show is likely to be a vehicle that may never be built: the Apple car. Thilo Koslowski, vice president automotive at technology market research firm Gartner, believes there is now a race between carmakers and tech companies to control the "brain" of next generation vehicles. The ability of software...

  • ABU DHABI, March 2- The Kuwait Investment Office, the London branch office of sovereign wealth fund Kuwait Investment Authority, is gradually reducing its overweight stance on U.S. assets after keeping that position for seven years, its chief executive said on Monday. Osama al-Ayoub, speaking at a business conference in Abu Dhabi, also said the KIO was going...

  • BARCELONA, March 2- Japan's NTT DoCoMo and Finland's Nokia said on Monday they are working together to develop networks running at high frequencies for use in the 5 G wireless era- technology expected to be showcased at the 2020 Tokyo Olympics. DoCoMo, Japan's largest mobile operator, and Nokia, the world's third biggest telecom equipment maker, said they will be...

  • ABU DHABI, March 2- The Kuwait Investment Office, the London branch office of sovereign wealth fund Kuwait Investment Authority, is gradually reducing its overweight stance on U.S. assets after keeping that position for seven years, its chief executive said on Monday. Osama al-Ayoub, speaking at a business conference in Abu Dhabi, also said the KIO was going...