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  • TOKYO, Nov 6- Japanese stocks edged up and hovered near seven-year highs on Thursday as the yen fell against the dollar after Republicans swept U.S. mid-term elections, while Toyota Motor Corp jumped after it raised its full-year outlook. The Nikkei soared 8.2 percent in the last three trading days as investors cheered the Bank Of Japan's shock move on Friday to...

  • Nov 5- U.S. prosecutors have launched a money-laundering investigation into a member of Russian President Vladimir Putin's inner circle, the Wall Street Journal reported on Wednesday, citing people familiar with the matter. According to the report, the U.S. Attorney's Office for the Eastern District of New York is probing whether billionaire Russian gas...

  • SYDNEY, Nov 6- London copper edged down on Thursday, hit by a stronger U.S. dollar and further signs of slowing economic growth in Europe and China. *Service-sector growth in China weakened in October as new business cooled, a private survey showed on Wednesday, just days after other data revealed sluggish factory growth in the world's second-largest economy,...

  • *BOJ surprised investors with extra easing on Oct. 31. *Oct. 6-7 minutes show concerns about slowing inflation. TOKYO, Nov 6- Some Bank of Japan policymakers said inflation could dip below 1 percent due to falling energy prices at a meeting in early October, which helps explain why governor Haruhiko Kuroda chose to expand monetary stimulus in a tightly split...

  • WASHINGTON, Nov 5- The U.S. government on Wednesday said it had canceled, at the request of South Korea, early work by the U.S. unit of Britain's BAE Systems on upgrades for 134 F-16 fighter jets after a spike in the projected $1.7 billion cost of the arms deal. The unusual move, announced by the Pentagon's Defense Security Cooperation Agency, paves the way for South...

  • TOKYO, Nov 6- Asian shares eked out small gains and the dollar was riding high on Thursday after generally solid U.S. economic data and expectations of business-friendly policies following the Republican Party's election victory helped Wall Street shares to finish at a record high. The euro was holding near two-year lows although the common currency could...

  • SINGAPORE, Nov 6- Gold languished near its lowest level since April 2010 on Thursday as investors dumped the safe-haven metal amid strength in the dollar and equities, with markets now fearing $1,000 an ounce as the next target level. Silver, under pressure from the dollar and sliding gold, was trading close to its lowest since February 2010 after losing 4 percent...

  • BENGHAZI/ TUNIS, Nov 5- Gunmen seized Libya's major El Sharara oilfield, looting equipment and shooting as frightened workers sought shelter, oil sources said on Wednesday, in another blow to the country's oil industry which has been subjected to protests and militia blockades. It is Libya's biggest operational field, located in the remote south where rival...

  • Nov 5- Palo Alto Networks Inc has discovered a new family of malware that can infect Apple Inc's desktop and mobile operating systems, underscoring the increasing sophistication of attacks on iPhones and Mac computers. Palo Alto Networks said on Wednesday it had seen indications that the attackers were Chinese. Apple, which Olson said was notified a couple...

  • PORLAMAR, Venezuela, Nov 5- Saudi Oil Minister Ali al-Naimi and Venezuelan Foreign Minister Rafael Ramirez met on Wednesday as part of a climate change conference on Venezuela's Margarita Island but offered no comment on oil markets afterward. He remains Venezuela's OPEC delegation head. Venezuela has led calls for an emergency OPEC meeting to stem the drop...

  • BENGHAZI, Nov 5- Libya's major El Sharara oilfield has ceased production after being seized by an armed group, oil ministry sources said on Wednesday. The area near the field, which is deep in Libya's lawless south, has been the scene of fighting between members of the Tuareg and Tibu, two minorities who have complained about neglect and discrimination in the North...

  • SEOUL, Nov 6- U.S. crude futures extended gains on Thursday in early Asian trades, as government data showed that U.S. crude stocks rose but less than forecast last week, while gasoline and distillate inventories fell. West Texas Intermediate crude rose 22 cents to $78.90 a barrel as of 0005 GMT after it previously settled up $1.49 at $78.68 a barrel.

  • NEW YORK, Nov 5- General Motors said in a court filing on Wednesday that it should not have to face lawsuits based on safety issues in cars made before its 2009 bankruptcy, including a faulty ignition switch that led to the recall of 2.6 million cars earlier this year. The brief, filed in Manhattan bankruptcy court, lays out GM's legal arguments and is the opening...

  • TOKYO, Nov 6- Some Bank of Japan policymakers said consumer inflation could temporarily fall below 1 percent due to declining energy prices, minutes of the central bank's Oct. 6-7 meeting showed on Thursday. At the Oct. 6-7 meeting, the BOJ left its quantitative easing programme unchanged despite lingering weakness after a sales tax increase in April.

  • Nov 5- Kinross Gold Corp is unlikely to go ahead with the expansion of its Tasiast gold mine in Mauritania if the price of gold does not recover from current weaker levels, Chief Executive Paul Rollinson said on Wednesday. Gold price matters and we are watching it closely, "he said after Kinross released quarterly results that beat market expectations.

  • WASHINGTON, Nov 5- A Republican takeover of the U.S. Senate has brightened prospects for an effort to fight frivolous patent litigation, although the path to success is far from clear, sources close to the lobbying effort said on Wednesday. That legislation, backed by technology companies like Cisco Systems Inc and Google Inc, stalled in the Senate amid...

  • LONDON, Nov 6- The Bank of England, once widely expected to start weaning Britain off near-zero interest rates this month, now looks set to signal no rise in borrowing costs until the middle of next year. More attention will be paid to economic projections the Bank is due to publish on Nov. 12, which will reflect gathering clouds over Britain's fast-recovering...

  • DIARY - Top economic Events to Nov 19 Wednesday, 5 Nov 2014 | 7:01 PM ET

    CHICAGO- Federal Reserve Bank of Chicago President Charles Evans gives welcome remarks before "The New International Financial System: Analyzing the Cumulative Impact of Regulatory Reform" conference hosted by the Federal Reserve Bank of Chicago and the Bank of England- 1540 GMT. CHICAGO- Federal Reserve Bank of Chicago President Charles Evans gives...

  • *Rate decision at 1245 GMT, news conference 1330 GMT. FRANKFURT, Nov 6- The European Central Bank is set to stick to the policy path laid out over the summer when it meets on Thursday, waiting for its stimulus to unfold before considering further steps. The November policy meeting takes place against a backdrop of meager growth prospects for the euro zone and...

  • COLUMN-U.S. crude export controls are crumbling: Kemp Wednesday, 5 Nov 2014 | 7:01 PM ET

    LONDON, Nov 6- In the three months ending in August, the United States and Canada swapped a record amount of crude oil with each other, one of the more bizarre consequences of outdated U.S. export controls. Because U.S. oil producers cannot export crude oil to any other country, crude is sent north to refineries in Canada, even if it would make more sense to ship it to...