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  • MELBOURNE, Aug 31- Shanghai copper slipped on Monday on lingering worries over China's economy ahead of fresh factory data later in the week, but was set for a small monthly gain as a lull in demand over summer petered out. The relative health of domestic Chinese prices in the face of losses in London bodes well for import driven demand over the next few months, said...

  • Wheat and corn were also set to drop for a second month as rising global supplies drag down grain prices. Wheat has given up more than 20 percent of its value since the beginning of July, while corn has lost 11 percent during the period and soybeans have fallen 15 percent in two months. Chicago Board of Trade actively traded November soybeans slid 0.6 percent to...

  • SHANGHAI, Aug 31- Chinese state media announced a slew of confessions on Monday following investigations into recent stock market gyrations, including from a detained reporter who admitted to spreading false information that caused "panic and disorder." An official from China's securities regulator had confessed to insider trading while four senior...

  • BRASILIA, Aug 30- Brazilian President Dilma Rousseff will send Congress a 2016 budget with a primary deficit after she abandoned plans to reinstate an unpopular tax to raise revenues next year, Brazilian media reported on Sunday. Without additional revenues, government officials warned last week it would be impossible to meet a fiscal savings target of 0.7...

  • *Asia-Pacific index down 10 percent so far this month. *Fears of China slowdown add to volatility. MSCI's broadest index of Asia-Pacific shares outside Japan shed 0.8 percent and is set to fall 10 percent this month, its worst monthly drop since May 2012.

  • July output -0.6 pct vs forecast +0.1 pct. TOKYO, Aug 31- Japan's industrial output unexpectedly fell in July in a worrying sign that high inventories and weak overseas demand could further hamper an economy struggling to recover from a slump in the second quarter. "Our GDP forecasts were already at the bottom of the consensus, but the risks are to the downside," said...

  • TAIPEI, Aug 31- Taiwan stocks fell on Monday along with other regional markets as investors braced for more China and U.S. economic data later in the week and fretted over when the Federal Reserve will begin raising interest rates. Fed officials have been giving mixed signals about whether they would raise rates as early as next month, and some investors fear that...

  • SINGAPORE, Aug 31- Oil prices fell in Asia on Monday as traders took profits, snapping three days of gains last week that saw the biggest two-day rally in six years. "There is definitely a lot of profit taking going on," said Daniel Ang, an analyst at Singapore's Phillip Futures. Brent crude futures for October delivery fell 86 cents, or 1.7 percent, to $49.19 per barrel as...

  • *Fujitsu outperforms after brokerage rating hike. TOKYO, Aug 31- Japanese stocks skidded on Monday morning, hurt by soft domestic industrial output data and concerns the U.S. Federal Reserve might yet raise interest rates next month even as anxiety over a China- led global economic slowdown persists.

  • SHANGHAI, Aug 31- Combined first-half profit of China's listed companies grew 8.66 percent from a year earlier, the official Shanghai Securities News reported on Monday. Profit growth fell from 10 percent in the first half of 2014, reflecting China's slowing economy. China's 2,800 listed companies reported a combined profit of 1.42 trillion yuan during the...

  • WASHINGTON, Aug 30- The White House is considering applying sanctions against companies and individuals in China it believes have benefited from Chinese hacking of U.S. trade secrets, the Washington Post reported on Sunday. Suspicions that Chinese hackers were behind a series of data breaches in the United States have been an irritant in relations between...

  • SHANGHAI, Aug 31- China's yuan weakened at the open on Monday after a lower official midpoint fix. The People's Bank of China set the midpoint rate at 6.3893 per dollar prior to market open, weaker than the previous day's closing quote at 6.3885. The spot market opened at 6.3890 per dollar and was changing hands at 6.3890 in early trade, 5 pips away from the previous...

  • TOKYO, Aug 30- Japan's Suzuki Motor Corp said on Sunday it would buy back the 19.9 percent stake it sold to Volkswagen AG after an international arbitration court ordered the German automaker to sell its holding. VW's stake, acquired in January 2010 for 1.7 billion euros, was worth some $3.8 billion at Friday's closing price. Both companies said they welcomed the...

  • MANILA, Aug 31- Gold edged lower on Monday, stretching last week's losses on concern that the Federal Reserve is on course to raise interest rates this year despite recent market turmoil. *Spot gold was down 0.2 percent at $1,131.30 an ounce by 0107 GMT, after dropping more than 2 percent last week in its steepest decline in five weeks. *But hedge funds and money...

  • SYDNEY, Aug 31- U.S. soybeans fell on Monday, with the oilseed poised to record a monthly loss of more than 6.5 percent after coming under pressure from a potential slowdown in Chinese demand and ample global supplies. *Soybeans draw some support on concerns over dry weather in Midwest. *Egypt's state grain buyer booked 55,000 tonnes of Ukrainian wheat in an...

  • WASHINGTON, Aug 30- The White House is considering applying sanctions against companies and individuals in China it believes have benefited from Chinese hacking of U.S. trade secrets, the Washington Post reported on Sunday. Suspicions that Chinese hackers were behind a series of data breaches in the United States have been an irritant in relations between...

  • *Some 31 U.S. senators have pledged to support the nuclear deal with Iran ahead of a Congressional vote by Sept. 17, moving President Barack Obama a step closer to having sufficient backing to ensure the deal stands. *Libya's National Oil Company and Central Bank chairmen met 26 oil majors including BP and ExxonMobil at meetings in London last week in a renewed...

  • *July output -0.6 pct vs forecast +0.1 pct. TOKYO, Aug 31- Japan's industrial output unexpectedly fell in July in a worrying sign that high inventories and weak overseas demand could further hamper an economy struggling to recover from a slump in the second quarter. "Domestic demand is not the only factor behind these weak results," said Hidenobu Tokuda, senior...

  • *Asia-Pacific index -0.5 pct, on track for 10 pct monthly loss. *Concerns remain over China economy, markets, policy. TOKYO, Aug 31- Asian stocks sagged on Monday after top Federal Reserve officials kept the door open for an interest rate hike in September and investors braced for China economic data this week.

  • TOKYO, Aug 31- The dollar began the week under pressure on Monday, on track for monthly losses but off recent lows as investors kept alive hope that U.S. jobs data later this week would give the U.S. But it logged its largest weekly gain in a month, and was well above a seven-month low of 92.621 plumbed a week ago as fears about China sent global equities markets plunging.