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  • *Shanghai- Hong Kong stock connect boosts financial shares. "The positive impact from the link will persist for a while," said Zhang Qi, analyst at Haitong Securities in Shanghai. The CSI300 index of the major listed companies in Shanghai and Shenzhen rose 33.62 points, or 1.31 percent, to 2,599.35 at the end of the morning session, while the Shanghai Composite Index...

  • TOKYO, Nov 11- Japanese and Chinese stock markets stood out against a mostly lackluster backdrop in Asia on Tuesday, with a deal to give global investors easier access to China's $3.9 trillion stock market partially offsetting worries about declining oil prices. MSCI's broadest index of Asia-Pacific shares outside Japan erased early losses and eked out a 0.1...

  • BEIJING, Nov 11- Alibaba Group Holding Ltd's Alipay unit, part of the company financial services arm, "will definitely go public," Executive Chairman Jack Ma told China's official state broadcaster in an interview on Tuesday. He did not specify whether it would be Alipay that lists or its parent, Zhejiang Ant Small and Micro Financial Services Group.

  • METALS-London zinc edges higher on supply concerns Monday, 10 Nov 2014 | 11:21 PM ET

    *China zinc market shows supply distress. SYDNEY, Nov 11- London zinc prices edged higher on Tuesday as supply concerns resurfaced following a strike at a Peruvian mine, while London copper was little changed after a near 1 percent drop in the previous session. "Speculators have driven prices higher recently on the basis that mine supply won't keep up with demand,"...

  • NEW YORK, Nov 11- Mondelez International Inc said on Tuesday it will pay $370 million to buy an 80 percent stake in Vietnamese company Kinh Do Corp's snack business. Mondelez, based in Deerfield, Illinois, already has a small presence in Vietnam selling some of its Oreo, Ritz and Cadbury products. Mondelez will acquire two Kinh Do manufacturing facilities, as well as...

  • *Gold had fallen 2.2 percent on Monday. SINGAPORE, Nov 11- Gold ticked up on Tuesday as it attempted to recover from a 2 percent slide in the previous session, but was unlikely to rally as the outlook for the U.S. dollar remained optimistic. Spot gold gained 0.4 percent to $1,154.80 an ounce by 0330 GMT, after dropping 2.2 percent in the previous session.

  • SINGAPORE, Nov 11- Brent crude traded around $82 a barrel on Tuesday, just above a four-year low hit last week, with a firm dollar and robust production from U.S. shale oil fields offsetting a drop in output in Libya. The price has fallen nearly 30 percent since late June and all eyes are on OPEC for indications of whether the oil cartel will cut prices at a meeting on Nov....

  • China's yuan edges lower on weaker midpoint Monday, 10 Nov 2014 | 11:09 PM ET

    SHANGHAI, Nov 11- China's yuan fell against the dollar on Tuesday after the central bank set the midpoint slightly weak, signalling that Beijing may prefer a temporary pause for the Chinese currency's recent appreciation, traders said. The People's Bank of China set the midpoint at 6.1413, down 0.6 percent from Monday's fix. The yuan has stayed on a general upward...

  • Nov 10- U.S. officials plan to unveil this week a comprehensive slate of consumer protections for prepaid debit cards, including fee disclosure and limits on overdrafts, the Wall Street Journal reported, citing people familiar with the matter. The U.S. Consumer Financial Protection Bureau's proposed rules, expected on Thursday, will have standards for how...

  • TOKYO, Nov 11- Japanese shares stood out against a lacklustre backdrop in Asia on Tuesday as oil prices continued to drop, while the dollar took a breather from its recent rally. MSCI's broadest index of Asia-Pacific shares outside Japan erased early losses and eked out a 0.1 percent gain, while Japan's Nikkei stock average added 0.8 percent.

  • NEW YORK, Nov 10- The escalating cost to service Puerto Rico's debt is one reason why its bonds are not attractive at current prices, a major municipal bond investor said on Monday. Traditional municipal bond investors have been largely avoiding junk-rated Puerto Rico, which has a debt load of more than $70 billion, leaving it partly reliant on banks and hedge...

  • JGBs dip on fresh supply, higher Tokyo stocks Monday, 10 Nov 2014 | 10:30 PM ET

    TOKYO, Nov 11- Japanese government bond prices dipped on Tuesday, weighed by higher Tokyo stocks and an overnight retreat in U.S. The Ministry of Finance offered a new batch of 30- year JGBs on Tuesday. Tokyo's Nikkei gained 0.8 percent, boosted by Wall Street gains and the BOJ's move to purchase exchange-traded funds as part of its recently beefed-up economic...

  • BEIJING, Nov 11- China and the United States have reached a breakthrough in talks aimed at eliminating duties on information technology products, United States Trade Representative Michael Froman said on Tuesday. The United States and other countries have been hopeful that China would sign on to the ITA, which requires signatories to eliminate duties on some...

  • TOKYO/ SYDNEY, Nov 11- The dollar steadied on Tuesday after recouping some of its post-payrolls losses as an uptick in risk appetite sent U.S. Treasury yields higher and underpinned Wall Street stocks. It has also been capped by the Australian dollar's rise on stronger than expected local housing data, "said Junichi Ishikawa, a market analyst at IG Securities in...

  • SYDNEY, Nov 11- London copper edged up on Tuesday after a near 1 percent drop in the previous session, while markets braced for a string of soft third-quarter growth reports out of Europe this week that are expected to highlight the fragile nature of metals demand. *The most-traded January copper contract on the Shanghai Futures Exchange eased 0.2 percent to...

  • SINGAPORE, Nov 11- Citigroup has slashed its iron ore price forecast for 2015, predicting the steelmaking ingredient could drop below $60 per tonne in the most bearish estimate yet from a financial institution on the glut-hit commodity. Citigroup expects iron ore to average $60 a tonne in the third quarter of next year, down from a previous forecast of $78 and to...

  • *Sumitomo Metal Mining soars on outlook hike. TOKYO, Nov 11- Japan's Nikkei share average rose on Tuesday, buoyed by Wall Street gains and as the weaker yen helped exporters, but oil-related shares such as Inpex Corp underperformed after oil prices fell further. Sentiment was also boosted by the Bank Of Japan's move on Monday to purchase 38 billion yen of...

  • NYMEX-U.S. crude holds above $77 after steep fall Monday, 10 Nov 2014 | 8:35 PM ET

    SINGAPORE, Nov 11- U.S. crude held above $77 a barrel in early trade on Tuesday, with a firm dollar and robust production growth at U.S. shale oil fields balanced by geopolitical risks in Libya and Ukraine. *U.S. crude was down 3 cents at $77.37 a barrel by 0109 GMT. *JPMorgan Chase& Co has slashed its 2015 Brent price forecast by $33 to $82 per barrel, citing supply pressures...

  • Nov 10- State Street Corp said on Monday it was responding to subpoenas from the U.S. Department of Justice and the Securities and Exchange Commission for information regarding its solicitation of asset servicing business of public retirement plans. Separately, the SEC said it would increase its enforcement actions in the municipal market, encouraged by its...

  • SINGAPORE, Nov 11- Gold ticked up on Tuesday attempting to recover from a 2 percent slide in the previous session, but gains may be limited as the U.S. dollar nears a four-year high. *Gold rallied on Friday as the dollar weakened after U.S. payrolls data marginally missed expectations, but the dollar has since recovered, adding pressure on safe-haven bullion.