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  • *Hong Kong- listed mainland telcos fall on venture questions. BEIJING, May 9- Mainland stocks fell on Friday and Hong Kong was flat, leaving major indexes on course for weekly losses as fears about a slowdown in China continue to hurt investor confidence. A sell-off in Great Wall Motor shares impacted mainland and Hong Kong indexes.

  • May 9- Standard& Poor's on Friday revised its outlook on Portugal to stable from negative and kept its credit rating at BB. The outlook upgrade was expected by some analysts and came after Portugal on Sunday declared it would exit its three-year 78- billion-euro bailout this month without a precautionary credit line.

  • BEIJING, May 9- Moderating consumer prices and persistent industrial deflation in China have bolstered market expectations that authorities will ease monetary policy or take other steps to arrest a loss of momentum in the second-largest economy.

  • *Still on course for best week since February 2012. SHANGHAI, May 9- China's yuan dipped on Friday in sympathy with weakness in other non-dollar currencies, but remained poised for its strongest week in more than two years after big gains on Monday and Tuesday. The tiny fall came after the People's Bank of China set its daily midpoint 0.04 percent weaker at 6.1581.

  • JGBs subdued, superlongs sag ahead of 30-year sale Friday, 9 May 2014 | 12:12 AM ET

    TOKYO, May 9- The Japanese government bond market was subdued on Friday, with super long maturities sagging slightly as dealers sold that tenor in preparation for next week's 30- year debt sale.

  • *Gold on track for 0.7 pct drop for week. SINGAPORE, May 9- Gold prices were steady on Friday, supported by geopolitical tensions in Ukraine, with investors eyeing fund flows and Asian physical demand for further cues.

  • China will increase credit lines to Africa by $10 billion and will boost the China-Africa Development Fund by $2 billion, bringing it to a total of $5 billion, Li said, according to the official Xinhua news agency. As China has advanced technologies in this area, Li said China was ready to work with Africa "to make this dream come true".

  • Brent steady above $108 as Russia, Libya support Thursday, 8 May 2014 | 11:48 PM ET

    *Ukraine rebels ignore Putin call to delay self-rule vote. SINGAPORE, May 9- Brent crude held steady above $108 per barrel on Friday, supported by renewed tension in Ukraine and continued limited supply from Libya, but still on track for a second weekly loss.

  • Boston Scientific gets subpoena over defibrillators Thursday, 8 May 2014 | 11:37 PM ET

    May 8- Medical device maker Boston Scientific Corp said it received a subpoena this week from the Department of Health and Human Services seeking information about the performance of some of its implanted defibrillators. Boston Scientific, which competes with Medtronic Inc and St. Jude Medical Inc in selling ICDs, said it is cooperating with the request.

  • SYDNEY, May 9- London nickel prices surged beyond $20,000 per tonne for the first time in more than two years on Friday, climbing 4 percent as a flurry of supply concerns fuelled heavy buying of the stainless steel material. "NPI producers in China are facing a real problem in access to feed stock.

  • Citi tops FX industry poll for first time since 2002 Thursday, 8 May 2014 | 11:03 PM ET

    *Citi ends Deutsche's bid for 10th consecutive top spot. For the 2014 annual survey Citi displaced second-ranked Deutsche Bank, which had been top for nine straight years. Citi accounted for 16.04 percent of the $5.3 trillion a day forex market, up from 14.90 percent last year, the poll released late on Thursday showed.

  • Brazil court opens Petrobras bank records to police Thursday, 8 May 2014 | 10:45 PM ET

    SAO PAULO, May 8- A Brazilian federal court on Thursday gave police access to bank records of Brazil's state-run oil company Petroleo Brasileiro SA in a widening money laundering probe focused on refineries in Brazil and the United States.

  • TOKYO, May 9- Asian shares mostly slumped on Friday as a tense situation in Ukraine made investors cautious, though a tame inflation report from China calmed some nerves.

  • SYDNEY, May 9- London nickel prices surged beyond $20,000 per tonne for the first time in more than two years on Friday, climbing nearly 4 percent as a flurry of supply concerns fuelled appetite for the stainless steel material. However, the most-traded August copper contract on the Shanghai Futures Exchange climbed by 1 percent to 47,130 yuan a tonne.

  • *Toshiba gains on upward revision hopes. *Toyota's weak forecast priced in- traders. TOKYO, May 9- Japanese stocks edged higher on Friday in choppy trade as investors picked up companies with strong growth prospects, such as Toshiba, while concerns about the Ukraine crisis kept investors on edge.

  • SINGAPORE, May 9- U.S. crude futures held above $100 a barrel on Friday and were set to end a two-week slide, backed by a drop in U.S. oil stockpiles and renewed tensions in Ukraine. *U.S. crude for June delivery was up 21 cents at $100.47 a barrel by 0139 GMT.

  • *Bank of Korea forecast to raise rates as soon as Q3. SEOUL, May 9- South Korea's central bank held interest rates steady for a 12th straight month on Friday, and while most analysts see rates being raised as early as the third quarter, the bank is expected to stay on hold for the next few months as it analyses offshore risks.

  • WASHINGTON, May 8- The U.S. In a unanimous vote, the FEC, which enforces U.S. campaign finance laws, said a political committee could accept donations in bitcoins up to an individual limit of $100 for each election cycle and could also purchase bitcoins.

  • S.Korea c.bank holds rates for 12th month, as expected Thursday, 8 May 2014 | 9:05 PM ET

    SEOUL, May 9- South Korea's central bank kept interest rates steady for a 12th straight month on Friday as it closely monitors tensions in Ukraine and China's slowdown- but the bank is expected to raise rates possibly as soon as the third quarter.

  • SINGAPORE, May 9- Gold prices were steady early on Friday supported by geopolitical tensions in Ukraine, with investors eyeing fund flows and Asian physical demand for further cues.