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  • SINGAPORE Oct 9- U.S. crude futures climbed towards $88 a barrel on Thursday, rebounding after falling to their lowest level in 18 months on a weaker dollar and a draw on inventories at the Cushing delivery hub. *U.S. crude inventories surged by 5 million barrels in the week to Oct. 3, far higher than the 1.5 million barrel build forecast by analysts, data from the U.S....

  • TOKYO, Oct 9- Japan's leading gauge of capital spending rose for a third straight month in August, in a tentative sign firms are investing their profits in plants and equipment that could bolster growth in the world's third-largest economy. But analysts say the 4.7 percent gain in core machinery orders is not enough to dispel concerns the economy is losing...

  • SINGAPORE, Oct 9- Gold climbed to its highest in nearly two weeks on Thursday as expectations of an early hike in U.S. interest rates eased and the dollar lost traction after the release of minutes of the last Federal Reserve policy meeting. *Spot gold rose to $1,223.61 an ounce early on Thursday, before paring gains to trade down 0.2 percent at $1,219.30 by 0036 GMT.

  • BoJ has many policy easing options if needed -Kuroda Wednesday, 8 Oct 2014 | 8:51 PM ET

    NEW YORK, Oct 8- Governor Haruhiko Kuroda said on Wednesday the Bank of Japan has many options available if it becomes necessary to take additional monetary easing steps though, at this stage, he said he could not be more specific about which steps.

  • Oct 8- Fidelity Investments was among 13 financial institutions attacked by hackers who are believed to have been responsible for a breach at JPMorgan Chase, but there is no indication that Fidelity customer data were stolen, the Financial Times reported on Thursday. JPMorgan, the biggest U.S. bank by assets, said last week that the names, addresses, telephone...

  • SYDNEY, Oct 9- London metals climbed on Thursday after minutes of the latest Federal Reserve meeting doused fears of any early move to raise interest rates, potentially prolonging cheap capital for industry and investors. *The most-traded December copper contract on the Shanghai Futures Exchange finished down 1.2 percent at 47,340 yuan a tonne in the...

  • TOKYO, Oct 9- Asian shares bounced back and the dollar fell on Thursday after minutes of the U.S. Japan's Nikkei share average rose 0.8 percent while MSCI's broadest index of Asia-Pacific shares outside Japan gained 0.5 percent. "The overall tone of the minutes was that the Fed will manage its policy so as not to damage a fragile economy, paying attention to various...

  • RIO DE JANEIRO, Oct 8- Brazil's government is considering easing reserve requirements for banks in the country to free up lending for infrastructure projects, a source with direct knowledge of the matter told Reuters on Wednesday. Brazil is trying to increase lending and investment in infrastructure projects to reinvigorate its economy, which slipped into a...

  • CORRECTED-BOJ'S KURODA: UPCOMING CORPORATE TAX FALL MAY HELP JAPAN ECONOMY.

  • TOKYO, Oct 9- Japan's leading gauge of capital spending rose for a third straight month in August, in a sign firms are investing their profits in plants and equipment that could bolster growth in the world's third-largest economy. The 4.7 percent monthly gain in core machinery orders in August will help ease concerns the economy is losing traction even as the...

  • CARTAGENA, Oct 8- Colombia's benchmark interest rate is approaching a neutral level and there is little reason to alter it, central bank board member Carlos Gustavo Cano said on Wednesday, adding there is room to cut the rate again if necessary. I don't see reasons for that, "Cano told reporters at a business conference in Cartagena. The bank began a tightening cycle...

  • CORRECTED-KURODA: IF ECONOMY SHOWS SIGNIFICANT SIGN OF DEVIATING FROM PATH TO 2 PCT INFLATION, BOJ WILL MAKE ADDITIONAL MONETARY EASING.

  • DIARY- Top Economic Events to Oct 22 Wednesday, 8 Oct 2014 | 8:01 PM ET

    ST. LOUIS- Federal Reserve Bank of St. Louis President James Bullard gives welcome remarks before the 39th Annual Federal Reserve Bank of St. Louis Fall Conference- 1345 GMT. WASHINGTON- Peterson Institute/ Moody Investors Service host panel on "The EU financial system on the eve of the single supervisory mechanism." WASHINGTON- 2014 Bretton Woods Committee...

  • QUITO, Oct 8- Oilfield service providers will invest $2.1 billion in Ecuador over the next five years in return for being awarded contracts for 17 blocks and receiving payment for each additional oil barrel produced there, an official said on Wednesday. State-run company Petroamazonas has reached deals with Schlumberger, Argentina's YPF and Tecpetrol,...

  • Japan Aug core machinery orders rise 4.7 pct mth/mth Wednesday, 8 Oct 2014 | 7:54 PM ET

    TOKYO, Oct 9- Japan's core machinery orders rose 4.7 percent in August from the prior month, government data showed on Thursday, up for a third consecutive month in a sign of a moderate pick-up in capital spending. The rise in core orders, a highly volatile data series regarded as an indicator of capital spending in the coming six to nine months, was much faster than a...

  • Oct 8- Alcoa Inc reported a stronger-than-expected increase in third-quarter profit on Wednesday as higher aluminum prices and lower costs drove a recovery in its business unit that produces aluminum. In an interview, Alcoa Chief Executive Klaus Kleinfeld said the "upstream" raw materials business had its best quarter since the 2008 economic slump.

  • DALLAS, Oct 8- Hospitals in Dallas have set up Ebola isolation wards and revamped procedures to deal with new patients, as the sprawling Texas city waits to see if the deadly virus spreads following the first case diagnosed on U.S. soil. Some 48 people are being monitored by health officials in Dallas after Thomas Eric Duncan, a Liberian visiting family in Dallas,...

  • The tie-up was approved after four out of five commissioners at the Federal Maritime Commission voted not to seek further information from the two shippers about the impact of the alliance on exporters and ports. The U.S. approval will come into force on Saturday, Richard Lidinisky Jr, Federal Maritime Commission commissioner, told Reuters.

  • WASHINGTON, Oct 8- Former U.S. Treasury Secretary Timothy Geithner defended the 2008 bailout of American International Group Inc for a second day on Wednesday, struggling at times to respond to increasingly contentious questions about the government's efforts to rescue the insurance company as it stood minutes from bankruptcy. The questions came in the...

  • WASHINGTON, Oct 8- Recent moves on international currency markets have been mostly orderly and there is little risk of upset for major currencies like the euro, yen and dollar, Mexican Finance Minister Luis Videgaray said on Wednesday. Videgaray said Mexico's peso, closely linked to the dollar due to the two countries' close trade ties, also had shown little signs...