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  • Chairman and CEO, The Walt Disney Company, Bob Iger attends the World Premiere of “Star Wars: The Force Awakens” at the Dolby, El Capitan, and TCL Theatres on December 14, 2015 in Hollywood, California.

    "Star Wars: The Force Awakens" has reached $1 billion at the box office, achieving the milestone with record-setting hyper speed.

  • *Audi to spend more than 3 bln euros on plants, equipment. FRANKFURT, Dec 28- Volkswagen's flagship Audi division reined in its spending plans for 2016 and delayed the construction of a new wind tunnel on Monday, after the German carmaking group was hit by a scandal over rigged emissions tests. Audi, which made a higher operating profit than the VW group in the first...

  • *Gold down 9 pct in 2015, eyes 6th straight quarterly loss. LONDON, Dec 28- Gold edged lower on Monday in line with a retreat in oil prices, giving up some of last week's gains, but moves were muted in thin liquidity in a holiday-shortened week. "Gold is drifting lower after failing to extend the pre-Christmas rally," Saxo Bank's head of commodity research Ole Hansen said.

  • BEIJING, Dec 28- China's central bank said on Monday that it would "flexibly" use various policy tools to maintain appropriate liquidity and reasonable growth in credit and social financing. The People's Bank of China will keep the yuan basically stable while forging ahead with reforms to help improve its currency regime, it said in a statement summarizing the...

  • *China Telecom shares fall 1.3 pct in Hong Kong. BEIJING/ HONG KONG, Dec 28- The chairman of state-run China Telecom Corp Ltd is being investigated for alleged disciplinary violation, the ruling Communist Party's anti-corruption watchdog said, the latest senior executive to be caught in an anti-graft dragnet. Local Chinese media outlets reported on Sunday that...

  • SHANGHAI, Dec 28- China plans to refinance the remaining outstanding local government debt as of end-2014 within around three years, the state-owned China Business News reported on Monday, citing the finance minister. Finance Minister Lou Jiwei told a meeting of China's parliament, the National People's Congress, that officially counted local government...

  • LONDON, Dec 28- Oil fell towards $37 a barrel on Monday, trading within sight of an 11- year low, pressured by excess supply that has more than halved prices since the downturn began in mid-2014. Brent crude was down 68 cents at $37.21 a barrel at 0949 GMT. "We expect both prices to rise next year," said Eugen Weinberg, an analyst at Commerzbank.

  • BEIJING, Dec 28- China's central bank said on Monday that it would use various policy tools to maintain appropriate liquidity and reasonable growth in credit and social financing. The People's Bank of China would keep the yuan basically stable, it said in a statement summarising the fourth-quarter monetary policy committee meeting. The central bank...

  • LONDON, Dec 28- European shares edged lower on Monday in their first day of trade since the Christmas break, with investors reluctant to place strong bets in thin year-end trading. Germany's DAX was down 0.1 percent at 0856 GMT, the Euro STOXX 50 index fell 0.2 percent, while France's CAC dropped 0.4 percent. Shares in ArcelorMittal fell 2.5 percent on profit taking,...

  • LONDON, Dec 28- The dollar inched away from a two-month low against the yen on Monday, while a resumption in falls in oil prices took linked currencies including the Australian and Canadian dollars around a third of a percent lower. Australia and the key London market in currencies were among those still closed for local holidays and the major dealing rooms...

  • LONDON, Dec 28- German Bund yields dipped on Monday as oil prices resumed their fall, keeping inflation expectations subdued and maintaining the prospect for further European Central Bank monetary policy easing. The ECB cut its deposit rate further into negative territory this month and extended its 60- billion-euro- a-month asset purchase programme by six...

  • Dec 28- Hong Kong stocks fell on Monday pulled lower by a slump in mainland shares on the first trading day after last week's Christmas holiday. The market was not helped either by China's weak November industrial profits data released on Sunday, and an afternoon slump in mainland stocks. Shares of China Telecom Corp Ltd lost 1.3 percent, after China's...

  • SINGAPORE, Dec 28- Shanghai aluminum slid nearly three percent on Monday to its lowest in more than one week as a lack of further production cuts in China pressured prices. "Total aluminum curtailment is still around four million tonnes per year for 2015 in China," said Jackie Wang, a consultant at CRU in Beijing, adding no further cuts in output have been announced...

  • The Euro STOXX 50 index was flat in percentage terms at 0808 GMT, Germany's DAX was up 0.04 percent, while France's CAC fell 0.1 percent. Banca Monte dei Paschi rose 3 percent after Italy's third-largest bank said it had signed a binding agreement to sell a portfolio of non-performing loans with a gross book value of 1 billion euros to a Deutsche Bank vehicle, said...

  • TOKYO, Dec 28- Major Japanese firms plan to use their excess cash next year on capital investments and M&As rather than higher salaries, according to a Reuters poll, showing few businesses plan to heed Prime Minister Shinzo Abe's call for wage hikes. Telecommunications company NTT, seasoning maker Ajinomoto Co Inc and Asahi Kasei Corp were among the 21 firms...

  • LONDON, Dec 28- Shipping companies that transport commodities such as coal, iron ore and grain face a painful year ahead, with only the strongest expected to weather a deepening crisis caused by tepid demand and a surplus of vessels for hire. The predicament facing firms that ship commodities in large unpackaged amounts- known as dry bulk- is partly the result of...

  • LONDON, Dec 28- Uranium prices are expected to outperform other commodities in 2016 and beyond as a global climate change deal and growing demand from Asia bolster the prospects of the nuclear industry. Nuclear power stations currently provide around 11 percent of the world's electricity but the share is likely to increase as China and India expand their...

  • *Japan's oil product sales fall to 46- year lows. SINGAPORE, Dec 28- International Brent and U.S. crude oil futures battled for a premium on Monday but both benchmarks fell in a market in which there is no end in sight for oversupply that has brought down prices by two-thirds since the downturn began in mid-2014. The international crude oil futures benchmark Brent...

  • SHANGHAI, Dec 28- China stocks tumbled more than 2 percent on Monday, their biggest loss in a month, as weak industrial profit data and a looming revamp of how companies will be listed, weighed on the market. Sentiment was also soured at the start of a holiday-shortened trading week by a slump in so-called B shares- stocks traded in Shanghai and Shenzhen but...

  • *Japan's oil product sales fall to 46- year lows. SINGAPORE, Dec 28- Brent crude oil futures regained a slight premium over their U.S. equivalents on Monday but both benchmarks fell as there is no end in sight for oversupply concerns that have brought down prices by two-thirds since the downturn began in mid-2014. The international crude oil futures benchmark...