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  • SYDNEY/ TOKYO, Sept 4- The euro nursed losses on Friday, having come under broad pressure after the European Central Bank gave a sobering assessment of the euro zone economy and suggested it may have to beef up its already massive stimulus program. The common currency slid as far as $1.1087, from levels above $1.1200. Traders in Asia may not take things much further...

  • *Corn falls under pressure of near-record U.S. harvest. Corn fell to a three-week low on expectations of a near-record U.S. harvest flooding the market in the weeks ahead while soybeans ticked higher. The front-month contract is trading around its lowest since 2010. Corn is down 3.7 percent for the week, its second consecutive weekly loss while soybeans have...

  • MELBOURNE, Sept 4- Green groups lost a fight to stop billionaire Gina Rinehart and India's GVK from building a giant coal mine in Australia, as a court on Friday dismissed an appeal against the state of Queensland's environmental approval for the project. But the green group appealed that decision to the Supreme Court saying the Land Court did not have the right...

  • SINGAPORE/ TOKYO, Sept 4- Asian shares were mixed on Friday as caution about a U.S. jobs report jostled with signals from the European Central Bank that it is willing to take further steps to shore up the European economy. MSCI's broadest index of Asia-Pacific shares outside Japan slipped 0.2 percent after rising in early trade. "Markets sold off after the early...

  • "There's been a little bit of up and down and range-bound movement which has all the hallmarks of a market marking time," said Ben Le Brun, market analyst at Sydney's OptionsXpress. Brent crude for October delivery fell 21 cents to $50.47 a barrel as of 0156 GMT, after ending the previous session 18 cents higher. U.S. crude for October delivery was down 20 cents at...

  • TOKYO, Sept 4- Japanese Economy Minister Akira Amari said on Friday support was building for a ministerial meeting to be held on on a delayed Pacific Rim trade pact and conclude the deal before a general election in Canada. Trade ministers from the 12 nations negotiating a Trans-Pacific Partnership, which would cover 40 percent of the global economy, failed to...

  • TOKYO, Sept 4- Japanese stocks fell in choppy trade on Friday morning after a bounce in the yen against the euro and dollar hurt exporters and other index-heavyweights. On Thursday, the European Central Bank had set the tone for foreign exchange majors by affirming its readiness to provide the euro zone with another dose of stimulus.. The rise in the Japanese...

  • MELBOURNE, Sept 4- London copper took a breather on Friday but was set to log a second weekly gain as bets for monetary easing in Europe fuelled a short-covering rally that traders expected to gain steam given light holiday trade. The European Central Bank cut its growth and inflation forecasts on Thursday paving the way for an expansion of its already massive 1...

  • TAIPEI, Sept 4- Taiwan stocks rose slightly on Friday but investors were cautious ahead of U.S. jobs data which could offer clues on whether the Federal Reserves will begin raising interest rates later this month. AU Optronics, the world's No.4 flat panel maker, climbed 2 percent. The Taiwan dollar firmed T $0.242 to T $32.559 per U.S. dollar.

  • SYDNEY, Sept 4- U.S. wheat fell for a third consecutive session on Friday to hit a contract low, with ample U.S. stocks remaining uncompetitively priced. Wheat is on track to record its biggest weekly fall in six weeks. *Egypt's government buyer announced that it bought 170,000 tonnes of Russian wheat in its latest tender, extending this season's string of purchases...

  • BRASILIA, Sept 3- The Brazilian government dismissed market rumors on Thursday that Finance Minister Joaquim Levy was quitting because of disagreements over his austerity plan. Brazil's currency rebounded from 12- year lows on news that Levy was staying in the job and attending a budget meeting with President Dilma Rousseff. The budget bill, sent to Congress...

  • *NGK Insulators to pay $65.3 mln for price-fixing. *NGK Insulators pleads guilty to U.S. Justice Department charges. TOKYO/ WASHINGTON, Sept 4- Japan's NGK Insulators Ltd has agreed to pay $65.3 million for fixing the prices of parts supplied to car makers and plead guilty to criminal charges, the U.S. Justice Department said on Thursday.

  • SINGAPORE, Sept 4- Gold held declines from a two-day losing streak on Friday, ahead of a crucial U.S. jobs report as traders waited for clues about the timing of a Federal Reserve rate hike. *Spot gold was little changed at $1,125.31 an ounce by 0040 GMT, after losing about 1 percent in the last two sessions. The metal fell to a one-week low of $1,121.35 on Thursday.

  • MELBOURNE, Sept 4- London copper took a breather on Friday but was set to log a second weekly gain, with traders expecting a short-covering rally to gain steam given thin liquidity due to holidays in China. *Three-month copper on the London Metal Exchange slipped by 0.3 percent to $5,229 a tonne by 0010 GMT, eroding 2.4 percent gains in the previous session.

  • Those who remain bullish on China's long-run economic prospects have switched more of their focus to the Hong Kong market because valuations are lower, it is better regulated, and less prone to the whims of officials in Beijing than the mainland markets in Shanghai and Shenzhen. Those include betting against the currencies of Asian trading partners, and...

  • TOKYO, Sept 4- Asian shares won a reprieve on Friday after the European Central Bank signalled its readiness to take further steps to shore up the European economy, and investors looked to U.S. jobs data. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.1 percent while Japan's Nikkei also ticked up 0.1 percent. The ECB cut its growth and inflation...

  • *U.S. crude for October delivery was up 3 cents at $46.78 barrel by 0012 GMT, after settling 50 cents higher in the previous session. *Iran's Supreme Leader, President Hassan Rouhani said he favours a parliamentary vote on its nuclear deal with world powers and called for sanctions against Tehran to be lifted completely rather than suspended, state television...

  • TOKYO, Sept 4- Asian shares won a reprieve on Friday after the European Central Bank signalled its readiness to take further steps to shore up the European economy, and investors looked to U.S. jobs data. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.1 percent while Japan's Nikkei also ticked up 0.1 percent. The ECB cut its growth and inflation...

  • Sept 3- Genzyme Corp agreed to pay $32.59 million, admit wrongdoing and enter a deferred prosecution agreement to resolve U.S. criminal charges over its marketing of the surgical implant Seprafilm, the Department of Justice said on Thursday. Sanofi bought Genzyme in 2011.. According to papers filed with the federal court in Tampa, Florida, Genzyme admitted and...

  • MISSOULA, United States- Federal Reserve Bank of Minneapolis President Narayana Kocherlakota speaks before a Town Hall open forum- 0100 GMT. LONDON- Swedish Riksbank Deputy Governor Cecilia Skingsley speaks at Deutsche Bank's headquarter in London on the Swedish central bank's latest report- 0930 GMT. ANKARA- German Finance Minister Wolfgang Schaeuble and...