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  • *U.S., Chinese factory figures drag down Wall Street. TOKYO, Aug 4- Asian shares struggled to stay positive on Tuesday after downbeat economic data pressured Wall Street ahead of a key U.S. jobs report that could provide important clues to the timing of the Federal Reserve's interest rate increase. MSCI's broadest index of Asia-Pacific shares outside Japan was...

  • *Soft U.S. and China data keeps sentiment cautious. TOKYO, Aug 4- Japan's Nikkei share average edged down on Tuesday on soft manufacturing data from China and the United States, prompting investors to rotate out of cyclical shares to defensive shares such as drugmakers. Manufacturing conditions in China deteriorated to their worst in two years in July, data...

  • BEIJING, Aug 4- The recent surge in pork prices in China is not a result of shortages on the market but represents a natural rebound following a two-year decline that began in 2013, the country's commerce ministry said on Monday. "Overall, this round of pork price rises represents a recovery following a decline of more than two years, and is a kind of self-recovery by...

  • SEOUL, Aug 4- For four years Samsung Electronics Co Ltd has basked in the success of its Galaxy smartphones, making billions of dollars competing with Apple Inc in the premium mobile market. The coming years are set to be more sombre for the South Korean tech giant, as it is forced to slash prices and accept lower margins at its mobile division in order to see off...

  • HARTFORD, CONN.— Rapper 50 Cent says in a Connecticut bankruptcy court filing he spends $108,000 a month on his expenses, including $5,000 for gardening. But he's paying $72,000 a month to maintain his suburban Hartford mansion. He filed for bankruptcy last month after New York City jurors ordered him to pay $7 million to a woman who said he posted online a crudely...

  • BEIJING, Aug 4- China's import growth is likely to remain at a low level, the Commerce Ministry said on Tuesday. Shen Danyang, the ministry's spokesman, made the comment at a regular briefing but he did not give an exact timeframe. China's export sales unexpectedly rose for the first time in four months in June and imports fell again but posted their best performance...

  • SHANGHAI, Aug 4- Citic Securities Co Ltd, one of China's largest brokerages, will temporarily suspend its short-selling business in shares, the company said in a statement on Tuesday. "In order to comply with urgent changes in exchange rules and control business risks, as of today we are temporarily halting our short-selling business," the Citic Securities...

  • *Commodity currencies hit as oil prices sink on China worries. In a bearish turn of events for currencies of oil exporters, crude prices slid a further 5 percent overnight to their lowest since January after weak factory activity in China deepened a commodity-wide rout. This was also bad news for the Aussie, often used as a proxy for China trades.

  • *Chicago Board Of Trade September wheat rose 0.6 percent to $5.01-3/ 4 a bushel, after hitting a six-week low of $4.90-1/ 2 a bushel in the previous session. *December corn rose 0.4 percent to $3.78-3/ 4, having slumped 1.3 percent in the previous session when prices hit a low of $3.75-1/ 2 a bushel- the lowest since June 23. *Russia could harvest 101.5 million tonnes of...

  • SHANGHAI, Aug 4- China major stock indexes opened up on Tuesday. China CSI300 stock index futures for August rose 1.5 percent, to 3,673, 163.67 points below the current value of the underlying index. The Hang Seng index in Hong Kong was unchanged at 24,418.56 points.

  • RIO DE JANEIRO, Aug 3- Terms for Brazil's 13th Oil Round, in which the government hopes to sell rights to 266 exploratory blocks in early October, "are the worst ever," the Brazilian Petroleum Institute that represents potential investors said on Monday. Despite the unattractive terms of the auction, the IBP's executive secretary, Antonio Guimaraes, said the blocks...

  • MELBOURNE, Aug 4- London copper slipped back on Tuesday towards six-year lows hit in the previous session after factory reports in China and the U.S. stoked worries about global growth, dragging on most metals. *Three-month copper on the London Metal Exchange dipped 0.3 percent to $5,204 a tonne by 0046 GMT, after closing little changed in the previous session...

  • SINGAPORE, Aug 4- Oil prices edged up in early Asian trading on Tuesday following a 5 percent fall in the previous session, as high global production and a weakening economic outlook, especially in Asia, prompted analysts to warn of further falls. Oil output by the Organization of the Petroleum Exporting Countries reached the highest monthly level in recent...

  • MANILA, Aug 4- Gold dropped for a third session in four on Tuesday, closing in on a 5-1/ 2- year low, with selling pressure supported by expectations that the Federal Reserve is set to raise interest rates this year. *Spot gold slipped 0.3 percent to $1,082.8 an ounce by 0042 GMT, near last month's low of $1,077, the weakest since February 2010. *A key global commodities...

  • SEOUL, Aug 4- U.S. crude futures edged higher in early Asia trade on Tuesday, after falling 4 percent in the previous session to their lowest since January as weak factory activity in China deepened a commodity-wide selloff. On Monday the contract settled down $1.95, or 4.1 percent, at $45.17, about $3 above its 2015 bottom with growing concerns over excess global...

  • SHANGHAI, Aug 4- Chinese authorities have stepped up their crackdown on short-selling of shares, with the two main stock exchanges unveiling new rules that would make it even more difficult for speculators to profit from hourly gyrations in stock prices. The Shanghai and Shenzhen exchanges said in separate statements on Monday night that the rules, effective...

  • *U.S., Chinese factory figures drag down Wall Street. TOKYO, Aug 4- Asian shares edged lower on Tuesday after downbeat economic data pressured Wall Street ahead of key U.S. jobs data later this week that could provide a key clue to the timing of the U.S. MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.2 percent in early trading, while Japan's...

  • SHANGHAI, Aug 4- China's two stock exchanges have revised rules on short-selling with an aim to reduce trading frequency and price volatility.

  • LONDON- Bank of England announces interest rate decision- 1100 GMT. LONDON- Bank of England will release the minutes from its August policy meeting- 1100 GMT. LONDON- Bank of England to release inflation report- 1100 GMT.

  • NEW YORK— Poland lacks probable cause to extradite a Russian art dealer living in New York on criminal charges accusing him of knowing that an 18th- century painting taken from a Polish museum by the Nazis during World War II was stolen property when he inherited it from his father, a judge ruled Monday. District Judge Jed Rakoff in Manhattan rejected the request...