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  • RUSSIA C.BANK SAYS WILL OFFER $2 BLN AT 21- DAY REPO AUCTION ON DEC 23 AT 0.634 PCT.

  • MOSCOW, Dec 23- The Russian rouble opened broadly firmer on Tuesday, supported by large currency sales by exporters.

  • RUSSIAN ROUBLE EXTENDS GAINS AGAINST DOLLAR ON TUESDAY, TRADES 5 PCT STRONGER.

  • RUSSIAN ROUBLE OPENS 2 PCT STRONGER AGAINST DOLLAR ON TUESDAY.

  • MOSCOW, Dec 23- The Russian central bank said on Tuesday it had conducted no interventions on the currency market on Dec. 19 to prop up ailing rouble, but the Finance Ministry sold $420 million of foreign currency through the central bank.

  • RUSSIAN CENBANK CONDUCTS NO FOREX MARKET INTERVENTIONS ON DEC 19, BUT FINANCE MINISTRY SELLS THROUGH CBANK $420 MLN.

  • NEW YORK, Dec 23- In December 2013, Hanmag Securities Corp, a small South Korean brokerage firm, lost 46 billion won in a day after a stock option trading algorithm went bad. It was a fatal blow for a company that had just 15 billion won of capital- Hanmag went bust. During the financial crisis, regulators were reluctant to let wobbly traders such as Bear Stearns go bust,...

  • LOS ANGELES, Dec 23- Express Scripts, the largest manager of prescription drug plans for U.S. employers, is taking an increasingly aggressive stance in price negotiations with pharmaceutical companies after winning discounts on medications with a strategy introduced last year. On Monday, Express Scripts said it lined up a cheaper price for AbbVie Inc's newly...

  • NEW YORK, Dec 23- Some major U.S. airlines including Delta and Southwest are rushing to finance losing bets on oil and revamp fuel hedges as tumbling crude prices leave them with billions of dollars in losses, according to people familiar with the hedging schemes. But now, carriers such as Delta Air Lines and even Southwest Airlines, known for a successful hedging...

  • HONG KONG, Dec 23- The former co-chairman of Hong Kong- listed developer Sun Hung Kai Properties Ltd, Thomas Kwok, was sentenced to five years in jail and a HK $500,000 fine on Tuesday in the city's highest profile graft case. Their trial exposed the cozy relationship between the city's powerful developers and government in the former British colony, with Sun Hung...

  • SYDNEY, Dec 23- A holiday hush settled over Asian markets on Tuesday after Wall Street closed at historic highs while oil prices recouped just a little of the losses suffered when Saudi Arabia quashed all thought of curbing supply. Trading was light in Asia with Japan on holiday and markets moved only marginally. MSCI's broadest index of Asia-Pacific shares...

  • SHANGHAI, Dec 23- China stocks were mixed by midday on Tuesday, recovering from a steep decline of nearly 3 percent in early trade as investors moved back into property and insurance shares, reflecting a recently familiar pattern of intense swings on mainland indexes. "The market is still a bull one despite the corrections," said Zhang Yanbin, analysts at Zheshang...

  • Overall outlook remains weak on OPEC reluctance to cut output. *Brent could drop below $60 a barrel, WTI to $50- BoAML. WTI crude futures rose over a dollar to a session high of $56.85 a barrel before dipping back to $56.11 at 0340 GMT.

  • SEOUL/ WASHINGTON, Dec 23- North Korea, at the center of a confrontation with the United States over the hacking of Sony Pictures, experienced a complete Internet outage for hours before links were restored on Tuesday, a U.S. company that monitors Internet infrastructure said. President Barack Obama had vowed on Friday to respond to the major cyber attack, which he...

  • *Trading subdued with Japan closed for holiday. SYDNEY, Dec 23- The dollar touched a fresh two-week high against the yen on Tuesday, but struggled to make further headway in a market subdued by a holiday in Japan. A record-closing high on Wall Street had helped lift the greenback against the yen in New York, and modest follow-through buying in Asia saw the dollar come...

  • *Gold prices rise after nearly 2- pct drop overnight. SINGAPORE, Dec 23- Gold edged up on Tuesday after sharp overnight losses, but was still stuck near its lowest in three weeks due to weaker oil prices and strength in global equities and the dollar. Gold should likely see some support at $1,170, but more stop-loss orders will be triggered if the level is breached,...

  • JPMorgan data breach entry point identified -NYT Monday, 22 Dec 2014 | 10:06 PM ET

    Dec 22- A computer breach at JPMorgan Chase& Co earlier this year could have been avoided if the bank had installed a simple security fix to an overlooked server in its network, the New York Times reported, citing people briefed on investigations. In October, JPMorgan Chase revealed that names, addresses, phone numbers and email addresses of the holders of some 83...

  • BUENOS AIRES, Dec 22- Argentina's central government and oil pumping provinces have agreed to cut the fixed price of crude oil produced and sold in the country, a step that would likely ease price pressures on consumers facing one of the world's highest inflation rates. Guillermo Pereyra, head of the influential Private Oil and Gas Union of Rio Negro, Neuquen and...

  • Oil prices edge up, trading thin ahead of Christmas Monday, 22 Dec 2014 | 9:32 PM ET

    *Brent could drop below $60 a barrel, WTI to $50- BoAML. Tuesday's quiet opening followed a volatile session on Monday, when Brent prices first jumped to almost $63 a barrel on the back of strong international market performances before sliding back to not much over $60 after Saudi Arabia's powerful oil minister said OPEC would not cut production at any price.

  • US port employers seek mediation in dockworker talks Monday, 22 Dec 2014 | 9:20 PM ET
    A longshoreman walks on bags of rice in a cargo ship at the Port of West Sacramento in California

    Shipping lines and terminal operators at 29 U.S. West Coast ports requested federal mediation on Monday in their contract talks with the union for 20,000 dockworkers.