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  • *European, U.S. stocks rally after China cuts rates. NEW YORK/ LONDON, Aug 25- Gold fell more than 1 percent on Tuesday after an interest rate cut from China helped global markets rebound from the previous day's rout, with stocks rallying and the dollar also gaining, while palladium sank more than 7 percent to a five-year low. Palladium saw the steepest losses by far in...

  • ZHUKOVSKY, Russia, Aug 25- Russian civil aviation companies face a disappointing week at the country's largest air show that opened on Tuesday as economic crisis and Western sanctions take a heavy toll on order books and scare away many foreign firms. According to Russian media, Russia and Iran will sign a $1 billion deal during the three-day show for S-300...

  • UPDATE 10-Oil rebounds but still near 6-1/2-year lows Tuesday, 25 Aug 2015 | 12:10 PM ET

    *China cuts interest rates, helping global stock market rebound. NEW YORK, Aug 25- Oil rose more than 3 percent on Tuesday as oversold conditions brought some buyers back to the market, but a lingering supply glut and worries about the slowing economy in top commodities consumer China kept crude prices near 6-1/ 2- year lows. China cut interest rates on Tuesday and...

  • LONDON, Aug 25- Gold fell on Tuesday as global markets rebounded from the previous day's rout after China cut interest rates to stimulate its wavering economy, with European stocks rising 4.5 percent and the dollar up 1 percent versus the euro. Gold had edged lower on Monday, with some traders citing liquidation to cover losses on other markets, but largely held...

  • Toll's home orders up as housing gathers steam Tuesday, 25 Aug 2015 | 6:27 AM ET
    A construction worker climbs on the roof of a home in Boca Raton, Florida.

    Toll Brothers said orders have risen 16 percent so far in the quarter started August, indicating that the housing recovery is gathering steam.

  • Aug 25- Toll Brothers Inc, the largest U.S. luxury home builder, said orders have risen 16 percent so far in the quarter started August, outpacing the 12 percent rise in the third quarter, indicating that the housing recovery is gathering steam. Toll Brothers, which builds homes that can cost upward of $2 million, forecast an average selling price of $745,000 to...

  • *Palladium down more than 7 pct to lowest since 2010. LONDON, Aug 25- Gold fell on Tuesday as global markets found some respite after the previous day's rout, with European stocks rising more than 3 percent and the dollar rebounding from a seven-month low versus the euro and the yen. Gold had edged lower on Monday, with some traders citing liquidation to cover losses...

  • DUBAI, Aug 25- Iran will ramp up crude oil production and reclaim its lost share of exports shortly after international sanctions on the OPEC member are lifted, Iran's oil minister Bijan Zanganeh said on Tuesday. Iran and six world powers agreed a deal in July to curb Tehran's nuclear programme, but sanctions imposed in 2012 will not be lifted until Iran has...

  • Aug 25- Toll Brothers Inc, the largest U.S. luxury home builder, reported a 12 percent jump in third-quarter orders, indicating that the housing recovery is gathering steam. Toll Brothers, which builds homes that can cost upward of $2 million, said orders rose to 1,479 homes in the quarter ended July 31 from 1,324 homes a year earlier. U.S. homebuilders, including Toll...

  • Toll Brothers quarterly home orders rise 12 pct Tuesday, 25 Aug 2015 | 5:16 AM ET

    Aug 25- Toll Brothers Inc, the largest U.S. luxury home builder, reported a 12 percent jump in third-quarter orders, indicating that the housing recovery is gathering steam. Toll Brothers, which builds homes that can cost upward of $2 million, said orders rose to 1,479 homes in the quarter ended July 31 from 1,324 homes a year earlier. The company's net income fell to...

  • DHAKA, Bangladesh— Bangladesh's High Court has imposed a six-month ban on the screening of a movie about a garment worker who was rescued from the rubble 17 days after a five-story factory complex collapsed more than two years ago, killing more than 1,000 people. The director, Nazrul Islam Khan, had earlier argued that the real-life story of Reshma Begum depicts...

  • *Nishida aimed to head Japan's business lobby. TOKYO, Aug 25- Tom Scott, a former U.S. executive at Toshiba Corp, remembers his former boss Atsutoshi Nishida as an aggressive leader who could motivate staff but also rattle them with tough sales targets and an occasional dressing down. Now his, and other executives' management style is at the center of questions over...

  • *Platinum down 4.5 pct, palladium at 3- year low. NEW YORK/ LONDON, Aug 24- Gold turned lower on Monday, as the dollar pared losses, and U.S. shares and other commodity markets staged a comeback while the white precious metals fell on concerns about the Chinese economy. Platinum dropped as much as 4.5 percent, palladium hit a three-year low at $563.72 an ounce and silver...

  • LONDON, Aug 24- Gold edged higher on Monday to trade near a seven-week top as the dollar and shares tumbled on concerns about the Chinese economy and uncertainty over the timing of a U.S. rate rise. Platinum dropped 3 percent and palladium hit its lowest in three years at $563.72 an ounce. "The weaker dollar and concerns about China's economy are the factors behind...

  • BERLIN— German Foreign Minister Frank-Walter Steinmeier will travel to Iran in early October, the first such visit in more than a decade. Foreign Ministry spokesman Martin Schaefer said Monday that the recent conclusion of the nuclear deal with Iran was a "good occasion" to restore Germany's traditionally close ties with the country. For decades Germany was...

  • *Gold on track to rally towards $1,200- Phillip Futures. LONDON, Aug 24- Gold edged lower on Monday but remained near a seven-week high as the dollar and shares tumbled on concerns about the Chinese economy and uncertainty over the timing of a U.S. rate rise. "Gold is holding on to some of the gains it made last week and that speaks to the difficulty in the global equity...

  • *Gold on track to rally towards $1,200- Phillip Futures. LONDON, Aug 24- Gold edged down on Monday, but remained close to a seven-week high as the dollar and shares tumbled on concerns about a slowdown in the Chinese economy and uncertainty about the timing of a Federal Reserve interest rate hike. "Gold is holding on to some of the gains it made last week and that speaks...

  • *Iran says will defend market share "at any cost". It's all about China, " Carsten Fritsch, senior oil analyst at Commerzbank in Frankfurt, told Reuters Global Oil Forum. Brent oil was trading down $1.85, more than 4 percent, at $43.61 a barrel at 0950 GMT, after touching an intraday low of $43.28, its weakest since March 2009.

  • Pressure on China economy more obvious: Agency Monday, 24 Aug 2015 | 5:14 AM ET
    Workers producing clothes in a factory in Huaibei, China.

    The downward pressure on China's economy has becomes more obvious as it faces many challenges, the country's economic planning agency said.

  • *Iran says OPEC meeting could help stabilise prices. It's all about China, " Carsten Fritsch, senior oil analyst at Commerzbank in Frankfurt, told Reuters Global Oil Forum. Brent oil was trading down $1.20, or 2.6 percent, at $44.26 a barrel at 0750 GMT, after hitting an intraday low of $44.00, its weakest since March 2009.