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  • European shares gain on encouraging U.S. earnings Wednesday, 9 Jan 2013 | 4:36 AM ET

    LONDON, Jan 9- European shares climbed towards a new 22- month high on Wednesday after an encouraging start to the fourth quarter earnings season buoyed investor sentiment.

  • ZURICH, Jan 9- Nestle has hired Rothschild to help sell Latin American assets valued at over $1 billion, as part of a drive to win regulatory approval for its purchase of Pfizer's nutrition unit, Bloomberg said, citing three people with knowledge of the matter.

  • HONG KONG, Jan 9- Hong Kong shares bounced from their lowest in a week on Wednesday, resuming a start-of-the-year rally that had benchmark indexes headed towards multi-month highs, with Chinese banks stronger following a brokerage upgrade. Hong Kong turnover was the lowest so far this year.

  • TOKYO, Jan 9- Japan's All Nippon Airways Co cancelled a Boeing Co 787 Dreamliner flight scheduled to from fly from Yamaguchi prefecture in western Japan to Tokyo on Wednesday due to brake problems, a company official said.

  • CAIRO, Jan 9- The Egyptian central bank reduced the size of its daily foreign currency auctions on Wednesday, a day after Qatar threw Egypt an economic lifeline by sending $2.5 billion in aid to help it get a currency crisis under control. Analysts say the Qatary money gives Egypt breathing space and to prevent a disorderly fall in the currency.

  • *Supply rises in India, Vietnam. *India becomes world's biggest exporter. BANGKOK, Jan 9- Asian rice prices fell this week as supplies far exceeded demand, with top producers India, Pakistan and Vietnam competing with each other to attract business, traders said on Wednesday.

  • LONDON, Jan 9- European shares rose slightly on Wednesday, ending two days of losses after aluminium giant Alcoa opened the U.S. earnings season with an optimistic outlook for world demand.

  • No Cyprus aid deal before Feb election - German paper Wednesday, 9 Jan 2013 | 3:25 AM ET

    BERLIN, Jan 9- Cyprus can only expect a bailout in early March after its presidential election next month, German newspaper Handelsblatt reported on Wednesday, citing sources close to negotiations.

  • Egypt c.bank reduces amount offered at dollar auction Wednesday, 9 Jan 2013 | 3:10 AM ET

    CAIRO, Jan 9- The Egyptian central bank offered $50 million to banks at a foreign currency auction on Wednesday, less than the $60 million offered at auctions earlier under a new system aimed at getting a currency crisis under control. The bank offered $75 million during the first week of the auctions, which were introduced on Dec. 30.

  • HONG KONG, Jan 9- Hong Kong shares rebounded from its lowest in a week on Wednesday, resuming a start-of-the year rally that has the main indexes headed towards multi-month highs, with Chinese banks stronger following a brokerage's upgrade for the sector.

  • European shares rebound on U.S. earnings boost Wednesday, 9 Jan 2013 | 3:06 AM ET

    LONDON, Jan 9- European shares resumed their climb towards new highs on Wednesday after an encouraging start to the fourth quarter earnings season buoyed investor sentiment.

  • ZURICH, Jan 9- Nestle is working with Rothschild to divest some Latin American assets valued at more than $1 billion as it seeks regulatory approval for its acquisition of Pfizer's nutrition unit, Bloomberg reported, citing three people with knowledge of the matter.

  • Exhausted Egyptians count cost of political turmoil Wednesday, 9 Jan 2013 | 2:30 AM ET

    ZAGAZIG, Egypt, Jan 9- These days, craftsmen, shopkeepers and other inhabitants of the Egyptian Delta town of Zagazig are often too busy making ends meet to ponder why life seems to be getting harder every day.

  • TOKYO, Jan 9- Benchmark Japanese government bond prices backed away from earlier gains on Wednesday, with yields creeping back towards a 4-1/ 2- month high struck this week, as stocks pushed higher and took away some of the appeal of fixed-income assets.

  • TOKYO, Jan 9- The Bank of Japan will consider easing monetary policy again this month while also mulling a doubling of its inflation target to 2 percent, sources say, as the economy's weakness threatens to delay its escape from two decades of deflation.

  • NEW YORK, Jan 9- Boeing Co's 787 Dreamliner jet on Tuesday suffered its second mishap in two days, with the same airline and at the same U.S. airport- the latest in a series of setbacks that have heightened safety concerns over the new aircraft.

  • China shares close flat, reported IPO overhaul cheered Wednesday, 9 Jan 2013 | 2:11 AM ET

    HONG KONG, Jan 9- China shares closed flat on Wednesday, paring losses after Reuters reported that the mainland IPO market could be frozen until the end of March, a move that would reduce competition in the A-share market. The CSI300 of top Shanghai and Shenzhen listings ended flat at 2,526.1.

  • Nikkei ends higher, exporters gain after yen pulls back Wednesday, 9 Jan 2013 | 1:53 AM ET

    TOKYO, Jan 9- Japan's Nikkei average rose on Wednesday, as a halt in the yen's gains prompted investors to buy shares of exporters such as Toyota Motor Corp and Honda Motor Co who would gain from a more competitive currency.

  • SINGAPORE, Jan 9- Brent futures steadied below $112 per barrel on Wednesday as investors awaited Chinese trade data, U.S. corporate earnings and the outcome of a European Central Bank policy meeting to glean insights into the health of the world's biggest economies.

  • Nikkei ends up on exporters as yen retreats Wednesday, 9 Jan 2013 | 1:12 AM ET

    TOKYO, Jan 9- Japan's Nikkei average rose on Wednesday, as a halt in the yen's gains prompted investors to buy shares of exporters such as Toyota Motor Corp and Honda Motor Co who would gain from a more competitive currency.

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