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  • *Global stock markets rise as China shares recover. *Outlook uncertain on supply glut and China fears. *Standard Chartered slashes crude price forecasts.

  • *Global stock markets rise on Asia, Wall Street rally. *Standard Chartered cuts crude price forecasts sharply. However, do not be wrong footed by a correction higher, " PVM Oil Associates technical analyst Robin Bieber said.

  • UPDATE 4-Oil prices rise more than $1 as equities rally Thursday, 27 Aug 2015 | 5:07 AM ET

    *Global stock markets rise on Asia, Wall Street rally. LONDON, Aug 27- Oil prices rose more than $1 a barrel on Thursday after a rally in equity markets and an unexpected fall in U.S. crude inventories, but worries over the health of the Chinese economy and a global oil glut kept the outlook uncertain. Front-month Brent, the global oil benchmark, was up $1.50 at $44.64 a...

  • *China's car sales have fallen for last 4 months. SINGAPORE, Aug 27- China's falling auto sales have been at the forefront of concerns that its economy is slowing much faster than expected, weighing on oil prices. To stem the tide, China's central bank has cut interest rates and reserve requirement ratios for banks by 25 basis points and lowered reserve...

  • US stocks open higher after Chinese market surges Thursday, 27 Aug 2015 | 3:29 AM ET

    BEIJING— China's main stock index surged 5.3 percent Thursday, its biggest gain in eight weeks, as markets across Asia advanced in the wake of Wall Street's rebound, giving investors some relief after gut-wrenching global losses. Elsewhere in Asia, Hong Kong's Hang Seng rose 2.9 percent to 21,697.31 and Tokyo's Nikkei 225 added 1.1 percent to 18,574.44.

  • SINGAPORE, Aug 27- Singapore state investor Temasek Holdings Ltd has partnered Asia- focused private equity firm MBK Partners to bid for the South Korea arm of British supermarket operator Tesco PLC, two people familiar with the matter told Reuters. It is vying against Carlyle Group LP and a consortium comprising Affinity Equity Partners and KKR& Co, Reuters...

  • Barclays tips Fed rate hike in March 2016 Wednesday, 26 Aug 2015 | 10:48 PM ET
    Barclays tips Fed rate hike in March 2016

    Mitul Kotecha, head of Asia FX and rates strategy at Barclays, explains why he's paring back his expectations for the timing of the first Fed interest-rate increase.

  • NEW YORK, Aug 26- Oil prices fell almost 2 percent on Wednesday after a huge drawdown in U.S. crude stockpiles was offset by a larger-than-expected build in gasoline and distillates, which include diesel. Gasoline stocks also rose, by 1.7 million barrels versus forecasts for a 1.3 million-barrel drop, the data from the Energy Information Administration showed.

  • NEW YORK, Aug 26- Oil prices were mixed in volatile trading on Wednesday after a huge drawdown in U.S. crude stockpiles was countered by a larger-than-expected build in gasoline and distillates, which include diesel. "The products builds are overwhelming the constructive crude draw," said Scott Shelton, commodities specialist at ICAP in Durham, North Carolina.

  • *Supply glut and China' hard landing' fears weigh. "Plummeting gasoline seems to be a drag on crude oil prices," said Carsten Fritsch, senior oil analyst at Commerzbank in Frankfurt, Germany. U.S. crude oil was down 20 cents at $39.11 a barrel by 1455 GMT.

  • *Supply glut and China' hard landing' fears weigh. LONDON, Aug 26- Oil stabilised on Wednesday after China's central bank moved to support the country's economy, but prices stayed near 6-1/ 2- year lows as a heavy supply glut kept the market outlook bearish. Brent was unchanged at $43.21 a barrel by 0925 GMT, and U.S. crude was up 5 cents at $39.36 a barrel.

  • Mahindra Group: FX volatility doesn't affect us Wednesday, 26 Aug 2015 | 12:45 AM ET
    Mahindra Group: FX volatility doesn't affect us

    V.S. Parthasarathy, CFO of the Mahindra Group, explains why the Indian multinational conglomerate is well-positioned to weather the fluctuations in the currency market.

  • Could sanctions against North Korea be lifted? Wednesday, 26 Aug 2015 | 12:36 AM ET
    South Korean presidential security adviser Kim Kwan-Jin (R) shakes hands with Hwang Pyong-So (L) North Korea' top political officer for the Korean People's Army after their meeting at the Panmunjom on August 25, 2015 in Paju, South Korea. Both countries came to an agreement to ease tensions after an exchange of artillery fire last week.

    South Korea can discuss North Korean demands for an end to sanctions imposed over a 2010 naval attack.

  • *Fears over supply glut, hard landing in China economy. *Iran to ramp up output; Nigeria to export highest volume of 2015. SEOUL, Aug 26- Crude oil futures held in a narrow band on Wednesday not far off 6-1/ 2 year lows after China's central bank moved to support the country's stumbling economy, while concerns about a supply glut capped gains.

  • MSCI's benchmark EM stocks index recovered almost half of the 5 percent it had lost on Monday when worries about China's economic health had sent global markets into a panic. "The PBOC is doing what it has to do but it is very likely it is not enough so more will have to be done," said Wei Yao, China economist for Societe Generale in Paris. Though Asian markets were shut,...

  • *SK Hynix says to build 2 new S.Korea plants by 2024. SEOUL, Aug 25- SK Hynix Inc, the world's No. 2 DRAM chip maker, on Tuesday said it plans to spend 31 trillion won to build two new chip plants in South Korea, aiming to update its production technologies to boost competitiveness. The memory chip industry has enjoyed robust profits in recent quarters, in part due to...

  • SEOUL, Aug 25- SK Hynix Inc, the world's No. 2 DRAM chip maker, on Tuesday said it plans to spend 31 trillion won to build two new chip plants in South Korea, aiming to update its production technologies to boost competitiveness. The firm, which competes with rivals including Samsung Electronics Co Ltd, Micron Technology Inc and Toshiba Corp, said the plants would be...

  • *China equities collapse sparks global markets sell-off. A near 9- percent fall in China shares roiled global markets and sent the Dow Jones Industrial Average down more than 1,000 points in early trading. It's all about China, " Carsten Fritsch, senior oil analyst at Commerzbank in Frankfurt, told the Reuters Global Oil Forum.

  • *China equities collapse sparks global markets sell-off. A near 9- percent tumble in China shares roiled global markets and sent the Dow Jones Industrial Average down more than 1,000 points in early trading. It's all about China, " Carsten Fritsch, senior oil analyst at Commerzbank in Frankfurt, told the Reuters Global Oil Forum.

  • *China equities collapse sparks global markets sell-off. A near 9- percent tumble in China shares roiled global markets and sent the Dow Jones Industrial Average down more than 1,000 points in early trading, before Wall Street pared losses. "China's drop pushed everything lower and now we'll see if the bounce by U.S. stocks after the early pull back can stop the...