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  • European shares retreat ahead of U.S. jobs data Friday, 4 Sep 2015 | 3:13 AM ET

    LONDON, Sept 4- European shares retreated on Friday after strong gains in the previous session, with investors focusing on a widely-watched U.S. jobs report for hints about the timing of an expected interest rate hike in the United States. The jobs report is due at 1230 GMT. The pan-European FTSEurofirst 300 index was down 1.2 percent at 1,412.41 points by 0706 GMT,...

  • *Some people see parallels with Greece. LONDON, Sept 3- Bondholders cheering Ukraine's debt swap face the risk that Kiev will return to the bargaining table within a few years, following the path Greece trod after its 2012 restructuring. Ukraine's sovereign bonds have rallied 40 percent to trade up to 75 cents per dollar of face value following the Aug. 27...

  • ANKARA, Sept 4- Emerging markets have voiced concern about the possibility and timing of rate hikes by the Federal Reserve but a G20 communique from a meeting of finance chiefs in Turkey will not urge the U.S. central bank against such moves, a delegate said on Friday.

  • EMERGING MARKETS HAVE EXPRESSED CONCERN ABOUT POSSIBILITY AND TIMING OF FED RATE HIKES- G20 DELEGATE.

  • G20 COMMUNIQUE WILL CONTAIN NO LANGUAGE SAYING THE U.S.

  • HONG KONG, Sept 4- Explosions in the Chinese port of Tianjin last month could generate insurance losses of up to $3.3 billion, reinsurance specialist Guy Carpenter& Company said in a report on Friday, nearly double what some analysts had originally thought. Guy Carpenter, the risk and reinsurance unit of Marsh& McLennan Co Inc, used high definition satellite...

  • *GDP, c/a due 2350 GMT on Sept 7, machinery data on Sept 9. TOKYO, Sept 4- Japan's economy is expected to show a more severe contraction than originally estimated in revised second quarter growth data due next week because of a big drop in capital spending, a Reuters poll found, indicating any rebound in the current quarter may limited. Japan's economy was expected to...

  • *China and Japan had been vying for $5 billion contract. *Japan, China to be invited to bid for medium-speed rail project. JAKARTA, Sept 4- Indonesia's 11th- hour decision to scrap plans for the nation's first high-speed railway has sown confusion among top investors China and Japan, potentially undermining the strong foreign investment that has been a rare...

  • The benchmark briefly touched 17,737.01, its lowest level since Feb. 10, with the yen's gains souring already weak sentiment strained by concerns of a hard landing in China. The selling in futures drove lower index-heavy stocks such as Fast Retailing Co, SoftBank Group and Fanuc Corp; down 2.8 percent, 4 percent and 2 percent, respectively. Exporters were mostly...

  • TAKE A LOOK-G20 finance ministers meet in Turkey Friday, 4 Sep 2015 | 2:11 AM ET

    ANKARA, Sept 4- Finance ministers and central bank governors from the Group of 20 leading economies meet in Turkey on Friday and Saturday, with slower growth in China and rising market volatility boosting the risks to the global economy. >G20 meets as China casts clouds over growth. >G20 seen striking' reassuring tone' on China- delegate.

  • MILAN, Sept 4- The Italian government may raise its 2015 economic growth forecast after the latest data on job creation, Economy Minister Pier Carlo Padoan told Italian daily Il Messaggero. Unemployment hit a two-year low of 12.0 percent in July and joblessness among those aged between 15 and 24 years dropped to 40.5 percent from a record 43.1 percent in June,...

  • SINGAPORE/ TOKYO, Sept 4- Asian shares extended losses on Friday as caution over a U.S. jobs report overshadowed signals from the European Central Bank that it is willing to take further steps to shore up the European economy. Financial spreadbetters expected Britain's FTSE 100 to open down as much as 1.5 percent, Germany's DAX to fall as much as 1.7 percent and...

  • "There's been a little bit of up and down and range-bound movement, which has all the hallmarks of a market marking time," said Ben Le Brun, market analyst at Sydney's OptionsXpress. Brent crude for October delivery fell 58 cents to $50.10 a barrel as of 0519 GMT, after ending the previous session 18 cents higher. U.S. crude for October delivery, also known as West Texas...

  • *China and Japan had been vying for $5 billion contract. *Japan, China to be invited to bid for medium-speed rail project. JAKARTA, Sept 4- Indonesia's 11th- hour decision to scrap plans for the nation's first high-speed railway has sown confusion among top investors China and Japan, potentially undermining the strong foreign investment that has been a rare...

  • TOKYO/ SYDNEY, Sept 4- The dollar sank against the yen on Friday as the safe-haven Japanese currency gathered bids after Tokyo shares fell to a seven-month low in nervous trading ahead of U.S. jobs data due later in the day. The greenback was down 0.7 percent to 119.22 yen. The yen also surged against the euro, which came under broad pressure after the European Central...

  • *Senate inquiry, TV report say firm underpays workers. SYDNEY, Sept 4- The operator of 7- Eleven convenience stores in Australia said it was launching its own probe into how its franchisees treat employees after a TV report and a Senate inquiry said the company was denying its workers proper pay. In a statement, Australia's 7- Eleven Stores Pty Ltd, which is licensed...

  • That would underscore the economy's vibrancy in the face of volatile global financial markets and China's slowing growth, and keep alive the prospect of the Fed raising benchmark overnight rates at its next policy meeting, on Sept. 16-17. "We don't think it will detract from the possibility that the Fed is considering a September rate hike, only if we saw ominous...

  • President Barack Obama in Washington on Friday to seek more support in countering Iran, as the Obama administration aims to use the visit to shore up relations after a period of tensions. The visit is the king's first to the United States since ascending to the throne in January, and comes after the United States agreed to a nuclear deal with Iran in July, raising...

  • Strategists link the lack of a move to bonds to a number of events: Hawkish rhetoric from Fed officials even as the equity market stumbled; a bout of selling by hedge funds that had expected a rally in the bond market that they didn't get; and bond sales by central banks in China and other emerging market economies trying to protect their currencies from...

  • Sept 4- Hong Kong stock erased early gains and fell on Friday as investors liquidated their position ahead of the release of the U.S. monthly jobs report at a time when China market was closed for public holiday. "The market was quiet but cautious and investors were concern about the prospect of a U.S. interest rate hike," said Steven Leung, a director at UOB Kay Hian in...