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  • *Aussie, New Zealand dollar hit by China data, oil falls. LONDON, Dec 8- Sterling and the New Zealand and Australian dollars were the main losers among major currencies in early European trade on Monday, extending losses as the dollar continued to draw support from Friday's strong U.S. jobs data. The New Zealand dollar fell more than 1 percent to a 2-1/ 2 year low of...

  • TOKYO, Dec 8- The Bank of Japan looks increasingly likely to cut its inflation forecasts next month, sources say, making its target of 2 percent in the year from April look ever more ambitious, just three months after it eased monetary policy to keep the goal in sight. The BOJ surprised markets on Oct. 31 with its decision to flood the market with cash to counter the...

  • *Exports to China -0.3 pct y/y, to U.S. +11.4 pct. TAIPEI, Dec 8- Taiwan's November export growth slightly topped expectations, as components for hot-selling gadgets such as the iPhone from Apple Inc boosted shipments. Exports to the U.S. saw a big 11.4 percent rise, which more than offset a 0.3 percent fall for those to largest trading partner China.

  • The company said there were no defined rules in India on background checks for commercial transport licenses and it was working with the government to address the issue. "What happened over the weekend in New Delhi is horrific," Travis Kalanick, Uber's chief executive officer, said in a statement. Even after the enactment of new laws imposing stricter penalties...

  • HONG KONG, Dec 8- Hong Kong shares rose on Monday, heartened by strong U.S. employment data and as China shares continued to outperform on the back of a blistering rally in mainland markets. Among the most actively traded stocks on Hong Kong's main board were CCT Land Holdings, down 5.6 percent at HK $0.02, Bank Of China, up 4.6 percent at HK $4.32 and CCB, up 3.9 percent at...

  • PARIS, Dec 8- European shares fell in early trading on Monday, trimming some of the previous session's sharp gains, following soft macro data from China and Japan while Italian shares dropped after S&P downgraded the country's credit rating. Milan's MIB index was down 0.7 percent, with Banco Popolare down 1.3 percent and BMPS down 0.9 percent.

  • *Shanghai bonded copper premiums recover $12.50 last week. SYDNEY, Dec 8- London copper was steady on Monday and holding above last week's four-and-a-half-year lows, with expectations of further stimulus from China supporting prices after trade data was weaker than expected. "The risk is that we see further liquidation of positions, considering no one is...

  • Prince William and Kate arrive on first trip to NYC Monday, 8 Dec 2014 | 3:04 AM ET

    Prince William and his wife Kate arrived on Sunday for their first visit to New York City.

  • RPT--African insurers in vogue as incomes rise Monday, 8 Dec 2014 | 3:00 AM ET

    Rapid economic growth in countries such as Ghana, Kenya and Nigeria has increased the number of people with money to spend on insurance to protect their wealth, while regulatory changes are encouraging the growth of domestic savings and pensions. Several major companies, including Swiss Re, Prudential and Sanlam, are buying insurers in Africa, with the focus on...

  • KIEV, Dec 8- Ukraine's government has allowed state energy company Ukrinterenergo to import electricity from Russia to cover current power shortages caused by a lack of coal, the Ukrainian energy ministry said. Ukraine and Russia have joint electricity systems and there are no technical obstacles to such imports, but analysts say importing electricity is...

  • MOSCOW, Dec 8- The Russian rouble fell on Monday, following a weaker oil price and after strong gains in the Russian currency on Friday. At 0705 GMT, the rouble was 1.5 percent down against the dollar at 53.30, and 1.2 percent down at 65.45 against the euro. This follows $700 million in interventions last Monday and $1.9 billion on Wednesday.

  • BHP Billiton names spin-off company South32 Monday, 8 Dec 2014 | 2:30 AM ET

    MELBOURNE, Dec 8- A planned spin-off of businesses by global miner BHP Billiton will be called South32 when it seeks multiple stock listings next year, BHP said on Monday. The new name recognizes that most of South32's operations are in the southern hemisphere, with its two regional centers- Australia and South Africa- linked by the thirty-second parallel south...

  • CHINA'S CSI300 INDEX CLOSES UP 4.1 PCT AT 3,252.88 POINTS@.

  • The CSI300 index of the largest listed companies in Shanghai and Shenzhen rose 4.1 percent, to 3,252.88, while the Shanghai Composite Index gained 2.9 percent, to 3,020.26 points, both at their highest levels since 2011.. Among the most active stocks in Shanghai were Bank of China, down 0.5 percent to 3.67 yuan; Agricultural Bank of China, up 1.5 percent to 3.36 yuan...

  • IHG agrees to sell Paris-Le Grand to Constellation Monday, 8 Dec 2014 | 2:14 AM ET

    LONDON, Dec 8- InterContinental Hotels Group, one of the world's largest hoteliers, said on Monday it had agreed to sell its Paris- Le Grand hotel for 330 million euros to Constellation Hotels. IHG said it had accepted the offer from Constellation, which was announced in August, following a period of consultation with employees. The deal is expected to complete by...

  • MOSCOW, Dec 8- The Russian central bank said on Monday it had conducted no interventions in the foreign exchange market on Dec. 4.

  • RUSSIAN CENBANK DID NOT CONDUCT FOREX MARKET INTERVENTIONS ON DEC. 4.

  • RUSSIAN ROUBLE WEAKENS 1 PCT VERSUS DOLLAR IN EARLY TRADE ON MONDAY.

  • BEIJING, Dec 8- China's imports shrank unexpectedly in November while export growth slowed, fueling concerns the world's second-largest economy could be facing a sharper slowdown and adding pressure on policymakers to ramp up stimulus measures. Exports rose 4.7 percent from a year earlier, while imports dropped 6.7 percent, the biggest drop since March, data...

  • *China trade data weak, Japan Q3 GDP revised even lower. Spreadbetters expected a subdued start for European stocks, forecasting Britain's FTSE, Germany's DAX and France's CAC to open effectively flat. MSCI's broadest index of Asia-Pacific shares outside Japan slipped 0.2 percent.