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  • TOKYO, Nov 17- Tokyo stocks suffered their biggest one-day slump since August on Monday after Japan's economy unexpectedly slipped into recession, prompting investors to book profits from recent gains. Japan's economy unexpectedly shrank an annualised 1.6 percent in the third quarter, following a sharp contraction between April and June caused by a hike in...

  • India's Oct Iran oil imports rise 60 pct y/y -trade Monday, 17 Nov 2014 | 2:09 AM ET

    NEW DELHI, Nov 17- India bought 60 percent more Iranian oil in October than a year ago as refiners held to higher volumes despite signs that world powers and Iran might not reach a final agreement on Tehran's disputed nuclear programme before a Nov. 24 deadline. Six world powers- Britain, China, France, Germany, Russia and the United States- are negotiating with Iran to...

  • SHANGHAI, Nov 17- China stocks ended slightly lower as profit-taking pressures offset the first buying by foreign investors through a landmark Hong Kong- Shanghai trading link that debuted on Monday. The Shanghai Composite Index ended down 0.2 percent to 2,475.1 points, while the CSI300 index of the largest listed companies in Shanghai and Shenzhen fell 0.5...

  • RUSSIAN ROUBLE WEAKENS 0.1 PCT AGAINST DOLLAR AT OPENING ON MONDAY.

  • TOKYO, Nov 17- Japan's Toray Industries said it will be the sole supplier of carbon fibre for Boeing Co's 777 X passenger jet in addition to the 787 Dreamliner and expects orders to exceed $8.6 billion for both planes. The new supply contract, which will extend Toray's current one with Boeing for more than 10 years, sent shares in the Japanese company surging 4...

  • Dividend payout growth seen slowing in 2015 -report Monday, 17 Nov 2014 | 1:54 AM ET

    *Economic growth to be uncertain, UK divs to fall- Henderson. The report pointed to an uncertain economic growth picture next year and said that one reason for slower growth would be the absence of Vodafone's record $26 billion payout from selling its Verizon Wireless stake. We expect total dividends from the UK to be down by more than $20 billion next year. "

  • CANBERRA, Nov 17- China and Australia on Monday signed a declaration of intent on a landmark free trade deal more than a decade in the making, opening up markets worth billions to Australia and loosening restrictions on Chinese investment. China is already Australia's top trading partner, with two-way trade of around A $150 billion in 2013..

  • TOKYO, Nov 17- Japan's Nikkei posted its biggest one-day drop since August after third quarter GDP data showed that Japan had unexpectedly slipped into recession.

  • SYDNEY, Nov 17- China's metals industry is grappling with tough credit conditions that are likely to persist and spark consolidation after a portside financing scandal roiled the market, said an executive at one of the world's biggest commodity traders. Simon Collins, head of metals and minerals at Trafigura, said that miners, smelters and fabricators were...

  • *Iran attacks OPEC members for refusing to stabilise oil prices. SINGAPORE, Nov 17- Brent crude fell to around $79 a barrel on Monday following news Japan, the world's fourth-biggest crude importer, had slipped into recession and after comments from the West's energy watchdog that a return to high oil prices was unlikely soon. All eyes remain on possible OPEC...

  • RIO DE JANEIRO, Nov 17- Brazil's embattled state-run oil company Petroleo Brasileiro SA will address on Monday its failure to release its audited third-quarter financial results due to a widening corruption scandal that has caused its shares to fall. The company will speak with investors and analysts and then meet with reporters starting at 11 a.m..

  • SYDNEY, Nov 17- Australia and China on Monday agreed on a wide-ranging trade deal that would eliminate many tariffs on Australian exports while easing investment restrictions for Chinese investors. The deal struck by Australian Prime Minister Tony Abbott and Chinese President Xi Jinping includes provisions to scrap Chinese tariffs on Australian...

  • *Army seized power on May 22 in bid to end unrest, lift growth. BANGKOK, Nov 17- Thailand's economy grew much less than expected in the July-September quarter as exports and tourism contracted, forcing the authorities to again cut the country's growth forecast for 2014.. Southeast Asia's second-largest economy grew 1.1 percent in the third quarter from the prior...

  • Nov 16- The deadline to file claims under General Motors Co's faulty ignition-switch compensation program has been extended by one month to Jan. 31, 2015, the program's administrator, Kenneth Feinberg, announced on Sunday. Clarence Ditlow, executive director of the Center for Auto Safety, said in a letter to Feinberg that he should expand outreach efforts and...

  • SINGAPORE, Nov 17- Regulators may need to look at new rules to control the fixed pay of bankers as well as their bonuses so that it can be clawed back in the event of wrongdoing, the governor of the Bank of England said on Monday. "Standards may need to be developed to put non-bonus or fixed pay at risk," Mark Carney said in a speech in Singapore. Carney, who is also chairman of...

  • Nov 16- Facebook Inc is secretly working on a new website called "Facebook at Work" that would allow users to keep their personal profile separate from their work profile, the Financial Times reported. The new website, that will look very much like Facebook, will compete with professional social network LinkedIn Corp, Google Inc, and Microsoft Corp, the newspaper...

  • China shuts two Sinopec pipelines on safety concerns Sunday, 16 Nov 2014 | 10:56 PM ET

    BEIJING, Nov 17- Two short crude oil pipelines in China operated by Sinopec Group are shutting temporarily due to worries over safety, Chinese authorities said. Sinopec has been ordered to shut the 179- km Linyi-Cangzhou pipeline and a 40- km pipeline from the Tanggu oil depot to Dagang in Tianjin by Nov. 20, the State Administration of Work Safety said on its...

  • HONG KONG, Nov 17- China's yuan firmed slightly on Monday as a landmark scheme connecting the Hong Kong and mainland stock markets got underway, gaining against a dollar that slipped into pause mode after its recent strength against a basket of major currencies. A trading link that will let Hong Kong and Shanghai investors buy and sell shares on each other's...

  • Brent slips to $79 as Japan enters recession Sunday, 16 Nov 2014 | 10:52 PM ET

    *Iran attacks OPEC members for refusing to stabilize oil prices. SINGAPORE, Nov 17- Brent crude fell to $79 a barrel on Monday following news Japan, the world's fourth-biggest crude importer, had slipped into recession and after comments from the West's energy watchdog that a return to high oil prices was unlikely soon. "This is another knock on crude oil prices,...

  • SHANGHAI/ HONG KONG, Nov 17- International buyers snapped up Chinese stocks on Monday at the debut of an exchange link that allows Hong Kong and Shanghai investors to trade shares on each other's bourses, a major step towards opening China's tightly controlled capital markets. Shares in both Shanghai and Hong Kong opened around 1 percent higher but quickly gave...