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• UPDATE 1-Molycorp sees lower revenue, mine delays; shares fall Thursday, 10 Jan 2013 | 8:12 AM ET

  Jan 10- Molycorp Inc said on Thursday that 2013 revenue and cash flows would be lower than expected due to sagging rare earth prices and a delay in achieving full commercial production at its Mountain Pass mine in California, and its shares fell 13 percent in premarket trading.

• US STOCKS-Futures gain as China data spurs growth hopes Thursday, 10 Jan 2013 | 8:01 AM ET

  NEW YORK, Jan 10- U.S. stock index futures rose on Thursday, alongside other risk assets, as stronger-than-expected exports in China, the world's second-biggest economy, raised hopes for a more robust recovery in the global economy this year.

• Egypt c.bank official says $2 bln Qatari loan arrived in Dec Thursday, 10 Jan 2013 | 7:50 AM ET

  CAIRO, Jan 10- The sub-governor of Egypt's central bank said on Thursday that $2 billion in new funds that Qatar announced this week it pledged to Cairo had arrived at the bank in December. When asked by email if the deposit arrived in January or December, Nidal Assar, the bank's sub-governor for investment and foreign relations, replied: "December".

• Forecast for 2013: stock market forecasts will be wrong Thursday, 10 Jan 2013 | 7:50 AM ET

  LONDON, Jan 10- Investors sifting through analysts' new year predictions for stock market movements may want to press "delete" and look instead for sound companies, as history shows equity index forecasts are usually wrong.

• UPDATE 5-Oil hits 12-week high over $113 on Saudi output cut Thursday, 10 Jan 2013 | 7:48 AM ET

  *Saudi Arabia cuts oil output to just over 9 mln bpd. LONDON, Jan 10- Brent crude oil rose more than $1 to a 12- week high on Thursday after news of a sharp cut in Saudi oil production, an explosion in Yemen that halted most of the country's oil exports and bullish Chinese trade data.

• ECB holds rates to assess growth, inflation risks Thursday, 10 Jan 2013 | 7:47 AM ET

  FRANKFURT, Jan 10- The European Central Bank held its main interest rate at a record low of 0.75 percent on Thursday, putting off further policy easing while it assesses the economic outlook and waits for a bailout trigger to use its new bond-purchase programme.

• SOFTS-Sugar, coffee creep higher, index rebalancing supports Thursday, 10 Jan 2013 | 7:41 AM ET

  LONDON, Jan 10- Raw sugar and arabica coffee futures nudged higher on Thursday, supported by index rebalancing activity, while cocoa was also higher as upbeat trade data from China boosted commodities and world shares.

• GRAINS-Corn at new week high before USDA, wheat up on drought Thursday, 10 Jan 2013 | 7:38 AM ET

  *Market eyes Egypt wheat tender, export data, USDA report. PARIS/ SINGAPORE, Jan 10- Chicago corn futures extended gains on Thursday to reach a new one-week high on the eve of closely watched U.S. government data that are expected to show a drop in U.S. production and tightening global supply.

• US STOCKS-Futures gain as China data points to growth Thursday, 10 Jan 2013 | 7:24 AM ET

  *Duke Realty shares fall after stock offering. NEW YORK, Jan 10- U.S. stock index futures rose on Thursday, alongside other risk assets, as stronger-than-expected exports in the world's second-biggest economy, China, raised hopes for a more robust recovery in the global economy this year.

• Molycorp expects lower-than-expected revenue for 2013 Thursday, 10 Jan 2013 | 7:22 AM ET

  Jan 10- Molycorp Inc said it expected lower-than-expected revenue and cash flow for 2013 due to lower rare-earth prices, sending its shares down 13 percent before the bell. The company said it was evaluating its capital needs for 2013 as it ramps up its rare-earth manufacturing complex in Mountain Pass, California.

• Egypt core inflation quickens to annual 4.44 pct in Dec -c.bank Thursday, 10 Jan 2013 | 7:21 AM ET

  CAIRO, Jan 10- Egypt's core inflation accelerated to an annual 4.44 pct in December from 4.20 percent in November, the central bank said on Thursday. This was slower than the 6.86 percent recorded in January 2011.

• Tiffany & Co sales rise 4 percent during holiday season Thursday, 10 Jan 2013 | 7:12 AM ET

  Jan 10- Tiffany& Co said on Thursday that its net worldwide sales during the holiday season had risen 4 percent, continuing a trend of modest gains in recent months, and the upscale jeweler said it would plan conservatively for 2013..

• Pain ahead as Anglo prepares to unveil South Africa platinum plan Thursday, 10 Jan 2013 | 7:08 AM ET

  RUSTENBURG, South Africa/ LONDON, Jan 10- Miner Evans Ramokga has a warning for Anglo American as the mining group prepares to unveil a revival plan for its South African platinum business: don't close any shafts.

• UPDATE 1-Iraq says has right to sue over unsanctioned oil exports Thursday, 10 Jan 2013 | 7:03 AM ET

  A SOMO statement made no reference to any company, but it was released after Genel Energy said Iraq's autonomous Kurdistan region had given permission for the company to deliver some crude directly by truck to Turkey.

• European shares supported by Spain auction, China data Thursday, 10 Jan 2013 | 6:56 AM ET

  LONDON, Jan 10- A leading European share index traded flat on Thursday, holding near two-year highs, after Spain saw good demand at an auction of government debt and following further evidence of improving economic conditions in China.

• UPDATE 1-Food prices to stay high in 2013, low stocks pose risk-FAO Thursday, 10 Jan 2013 | 6:45 AM ET

  ROME, Jan 10- Food prices will stay at high levels in 2013 and low stocks pose the risk of sharp price increases if crops fail, the United Nations' food agency said on Thursday, after its index showed prices fell for the third month running in December.

• UPDATE 1-Hungary raises bond sale by 50 pct at first auction of 2013 Thursday, 10 Jan 2013 | 6:42 AM ET

  BUDAPEST, Jan 10- Hungary increased the size of its first 2013 government bond sale by half on Thursday following strong demand from investors seeking high yield and expecting further interest rate cuts and possible bond buying by the central bank, traders said.

• METALS-Copper rises on dollar fall, China export data Thursday, 10 Jan 2013 | 6:40 AM ET

  *China exports grew 14.1 percent in December. *China copper imports fell 6.6 percent in December. LONDON, Jan 10- Copper rose on Thursday on a weaker dollar and a strong rebound in top metals consumer China's total export growth, but lower imports of copper and a still murky outlook for trade with the rest of the world kept investors cautious.

• GLOBAL MARKETS-Chinese export surge lifts shares, commodities Thursday, 10 Jan 2013 | 6:39 AM ET

  *Brent oil gains $1 a barrel on hopes of China demand. However, gains in Europe's equity markets were more limited with investors waiting for European Central Bank President Mario Draghi to give his views on the outlook for the recession-bound euro zone after a rate setting meeting later in the day.

• PRECIOUS-Platinum, palladium extend gains on Chinese data Thursday, 10 Jan 2013 | 6:36 AM ET

  *Gold-platinum ratio at tightest since April 2012. LONDON, Jan 10- White metals stole a march on bullion on Thursday, with gains in platinum and palladium outpacing those of gold as data pointed to an improved economic backdrop in China. By 1117 GMT, platinum was up 0.8 percent at $1,606.50 per ounce, while palladium had surged 1.8 percent to $695.90.