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Wires

  • JFE Holdings dropped 3.4 percent to 979 yen and Kobe Steel Ltd lost 4.8 percent to 60 yen after Nomura Securities cut its price targets on the two steelmakers.

  • VARIETY SOLD: Penske Media Corp., the owner of the snarky entertainment website Deadline, has purchased venerable show business publication Variety for $25 million from Reed Elsevier Group PLC.

  • NASHVILLE, Tenn., Oct 9- A rare U.S. outbreak of fungal meningitis linked to steroid injections has claimed four more lives with Florida the latest state to report at least one death linked to the illness in a widening health scare, authorities said on Tuesday.

  • JACKSONVILLE, Fla.-- CSX Corp. will be the first major freight railroad to release third-quarter earnings when it reports next week, so investors will be looking for clues about the health of the industry and the economy.

  • SEATTLE-- A Michigan woman dying of leukemia says she hopes her embarrassment during a Seattle airport security pat-down might change the way the Transportation Security Administration treats travelers with medical conditions. Dunaj, 34, was making what she expects will be the last trip of her life on Oct. 2 as she traveled through Seattle en route to Hawaii.

  • MANILA, Oct 10- Philippine exports fell in August, posting the steepest drop and lowest value in eight months, the statistics office said on Wednesday, putting more pressure on the central bank to ease its policy rates further to support domestic growth.

  • SHANGHAI, Oct 10- Chinese newspapers available in Beijing and Shanghai carried the following stories on Tuesday. --The first round of fundraising will soon close for China's first buyout fund, run by a unit of CITIC Securities Co, after raising 3 billion yuan initially.

  • HONG KONG, Oct 10- These are some of the leading stories in Hong Kong newspapers on Wednesday. --China Galaxy Securities is set to include additional bookrunners in its dual listing in Hong Kong and Shanghai that could raise more than $1 billion as soon as the first quarter of next year, according to people familiar with the situation.

  • WASHINGTON-- Auto industry officials say the government is preparing to warn car owners whose airbags have been replaced in the past three years that dangerous counterfeit bags may have been installed.

  • MANILA, Oct 10- Philippine exports fell in August, posting the steepest drop and lowest value in eight months, the statistics office said on Wednesday, putting more pressure on the central bank to ease its policy rates further to support domestic growth.

  • 2 trillion baht of investments to focus on boosting logistics- Bangkok Post. Winners and losers emerge in rice scheme- The Nation. NOTE: Reuters has not verified these stories and does not vouch for their accuracy.

  • WASHINGTON, Oct 9- U.S. regulators are having a tough time keeping pace with rapidly expanding shale oil and gas development, according to a report from a government watchdog released on Tuesday.

  • OCBC Investment Research upgraded healthcare service provider Raffles Medical Group to' buy' from' hold' and raised its target price to S $2.82 from S $2.63, on expectations of stronger earnings in the second half of the year.

  • Key shareholders of the hospital firm are selling a combined 13.7 percent stake in a deal to raise as much as $740 million in Thailand's biggest equity trade this year, IFR reported on Tuesday. --ADVANCED INFO SERVICE PCL, TOTAL ACCESS COMMUNICATION PCL, TRUE CORPORATION PCL. >Wall St falls in tech-led sell-off, Alcoa up late.

  • Oct 10- Moody's Investors Service has assigned an A1 senior unsecured rating to BHP Billiton's guaranteed senior unsecured notes totalling AUD 1.0 billion issued under its Australian Medium Term Note program.

  • Printed circuit board maker Ibiden Co Ltd sagged 3.9 percent to 995 yen, hitting a nine-year low, while Shinko Electric Industries Co Ltd, maker of semiconductor packages and leadframes, shed 1.8 percent to 486 yen. Nidec Corp, maker of micro motors, dropped 2.7 percent to 4,980 yen and TDK Corp lost 1.9 percent to 2,820 yen.

  • LONDON, Oct 10- Russian president Vladimir Putin backs BP's plan to sell its 50 percent stake in TNK-BP. Sechin said, without giving a full direct quote, that President Putin endorsed the idea at a meeting in Russia last month with BP's top executives.

  • HONG KONG, Oct 10- Hong Kong shares were set to open lower on Wednesday, with property stocks among the biggest losers, as weakness on Wall Street sparks profit-taking after the previous session's China- led rally. The China Enterprises index was indicated to open down 0.6 percent. Keywords: MARKETS HONGKONG CHINA STOCKS/.