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  • By Jane Xie SINGAPORE, Jan 9- For the first time since 2009, a contract to buy crude oil or any sort of refined product costs less if it's for immediate delivery than for future shipment, giving traders more reason to buy now than later. The entire oil complex slipped into contango on Wednesday as a deluge of cargoes triggered by the rise of U.S. shale oil and refinery...

  • European shares slip, Santander slumps 10 pct Friday, 9 Jan 2015 | 4:19 AM ET

    LONDON, Jan 9- European shares snapped a two-day winning streak on Friday, ahead of key U.S. non-farm payrolls data, with Spain's Banco Santander sliding over 10 percent after unveiling a capital hike and dividend cut. The selling pressure dragged Spain's benchmark IBEX index down 2 percent, heavily underperforming the pan-European FTSEurofirst 300 index...

  • JAKARTA, Jan 9- Indonesia has raised $4 billion in a U.S. dollar bond issue, taking advantage of the current low-yield environment and improving sentiment about the country and policies its new president is pursuing. With the improved terms on the new bonds, " Indonesia has to fork out a lower percentage than in a tough market," said Wellian Wiranto, an economist at...

  • They bought a net 2.785 trillion yen in 2014, according to data from the Tokyo Stock Exchange, with purchases of 21.629 trillion yen outstripping sales totaling 18.844 trillion yen. Analysts said the $1.1 trillion Government Pension Investment Fund, which last year said it would raise the allocation for domestic stocks in its portfolio from 12 percent to 25...

  • LONDON, Jan 9- The euro wallowed near a nine-year low on Friday, as speculation grew that the European Central Bank will embark on quantitative easing soon and U.S. jobs data will be good enough to cement the case for a rate hike by the Federal Reserve. ECB President Mario Draghi said on Thursday the bank's Governing Council stands ready to take unconventional...

  • BENGALURU, Jan 9- India's second-largest software services exporter Infosys Ltd beat forecasts and maintained its sales growth outlook for the year, citing strong demand from clients in its largest market the United States. Infosys kept the outlook after it posted a higher-than-expected 13 percent increase in net profit for the quarter ended December 31 on...

  • Hong Kong shares rise on renewed China policy hopes Friday, 9 Jan 2015 | 3:08 AM ET

    Jan 9- Hong Kong shares rose for a third consecutive day on Friday, helped by China December inflation data that raised hopes authorities will soon ease policy to boost growth. "Investor sentiment has actually improved in Hong Kong as more policy relaxation will happen," said Alfred Chan, chief dealer at Cheer Pearl Investment in Hong Kong. Among the most actively...

  • BERLIN, Jan 9- German exports fell sharply in November and industrial output also declined, suggesting Europe's largest economy ended 2014 on a weak note. Industrial output decreased by 0.1 percent as construction activity weakened and energy production fell, separate data from the Economy Ministry showed. The geopolitical situation, especially the Russia...

  • *Current account due at 8:50 a.m. on Jan. 13. *Machinery orders, wholesale prices due at 8:50 a.m. on Jan. 15. TOKYO, Jan 9- Japan's leading indicator of capital expenditure probably rebounded in November, a Reuters poll showed, as strong corporate earnings on the back of a weak yen encouraged more firms to spend.

  • Infosys Q3 profit up 13 percent, beats estimates Friday, 9 Jan 2015 | 2:32 AM ET

    MUMBAI, Jan 9- Infosys Ltd, India's second-largest software services exporter, posted a 13 percent rise in quarterly net profit on Friday, beating estimates, as it won more outsourcing contracts from Western clients. Infosys, which provides IT services to clients including Apple Inc, Wal-mart Stores and Volkswagen, said profit in the quarter ended December 31...

  • SHANGHAI, Jan 9- China stocks ended lower after hitting their highest level in over five years on Friday, in one of their most volatile trading sessions since the global financial crisis. The CSI300 index of the largest listed companies in Shanghai and Shenzhen fell 0.4 percent to 3,546.72 points, while the Shanghai Composite Index lost 0.2 percent to 3,285.41...

  • BERLIN, Jan 9- German exports fell sharply in November and industrial output also declined, suggesting Europe's largest economy ended 2014 on a weak note. Seasonally-adjusted exports declined for a second consecutive month, dipping 2.1 percent, while imports pushed up 1.5 percent, narrowing the trade surplus to 17.7 billion euros, data from the Federal...

  • TOKYO, Jan 9- The five-year Japanese government bond yield hit a record low just above zero percent on Friday on strong buying by the Bank of Japan, highlighting the scarcity of available bonds. While JGBs were capped in early trade by positive risk sentiment in global markets, the BOJ's buying on Friday of 400 billion yen in bonds maturing in three to five years...

  • TOKYO, Jan 9- The Nikkei rose for a third day on Friday on growing confidence in the U.S. economy and hopes of aggressive stimulus steps in Europe, while Fast Retailing Co rose after reporting strong quarterly profits. The Nikkei advanced 0.2 percent to end at 17,197.73 after dipping into negative territory earlier. Index-heavy Fast Retailing gained 0.8 percent...

  • BOSTON, Jan 9- Big European and American banks have found a productive place to park the energy sector's most distressed debt: the $2.7 trillion U.S. money market industry. Barclays Bank plc, Credit Suisse and Wells Fargo and others get overnight and short-term loans from companies that run money market mutual funds such as Fidelity Investments, BlackRock Inc,...

  • WASHINGTON, Jan 9- U.S. job growth likely remained brisk in December, setting the economy up for a stronger pace of expansion this year, even as the global economy shows signs of buckling. It would be the 11th consecutive month of job gains above 200,000, the longest such stretch since 1994, and reinforce views the economy's fundamentals are strong enough to...

  • Wall Street is also punishing the sector. "The producers have to be getting murdered," said Steven Boyd, senior managing director at Sun Coast Resources Inc., a Houston- based distributor of petroleum and alternative fuels. Blue Ridge Biofuels, a small biodiesel producer in Asheville, North Carolina, that makes its product from used restaurant cooking oil, says...

  • MACQUARIE AIRFINANCE, AWAS WORKING TO FINALISE DEAL IN NEXT FEW WEEKS- SOURCES.

  • MACQUARIE GROUP IN EXCLUSIVE TALKS TO BUY NEARLY 100 AIRCRAFT FROM LESSOR AWAS FOR MORE THAN $4 BLN- SOURCES.

  • But spreadbetters expected the rebound in equities to peter out in Europe ahead of the U.S. employment data, forecasting Britain's FTSE and Germany's DAX to open little changed and France's CAC to start a shade lower. But optimism about the U.S. economy and prospects of more stimulus from the European Central Bank and China have diffused risk aversion for the...