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  • TOKYO, Sept 4- The Bank of Japan does not need to expand monetary policy in October even if it cuts its growth and price forecasts, as long as inflation expectations are well anchored, the IMF's mission chief for Japan said on Friday. Kalpana Kochhar, who is also deputy director of the International Monetary Fund's Asia and Pacific Department, said there was scope...

  • *For poll data click: reuters:// realtime/verb= Open/url= cpurl:// apps.cp./ Apps/fx-polls? BENGALURU, Sept 4- The Chinese yuan will weaken further over the next 12 months as policymakers ramp up efforts to support the economy through further stimulus or another currency devaluation, a Reuters poll found. The People's Bank of China sent shockwaves through global...

  • According to email documents provided to The Associated Press, the American Egg Board tried to prevent Whole Foods grocery stores from selling Hampton Creek's Just Mayo spread and engaged in other efforts to counter the brand. In a statement Thursday, USDA spokesman Sam Jones-Ellard said the department is looking into the documents and "does not condone any...

  • *Indonesia exports no tin for August- trade min. MELBOURNE, Sept 4- London copper fell on Friday but was set to log a second weekly gain after bets for monetary easing in Europe fuelled a short-covering rally that began to flicker out. The European Central Bank cut its growth and inflation forecasts on Thursday paving the way for an expansion of its already massive 1...

  • LONDON, Sept 4- European shares retreated on Friday after strong gains in the previous session, with investors focusing on a widely-watched U.S. jobs report for hints about the timing of an expected interest rate hike in the United States. The jobs report is due at 1230 GMT. The pan-European FTSEurofirst 300 index was down 1.2 percent at 1,412.41 points by 0706 GMT,...

  • *Some people see parallels with Greece. LONDON, Sept 3- Bondholders cheering Ukraine's debt swap face the risk that Kiev will return to the bargaining table within a few years, following the path Greece trod after its 2012 restructuring. Ukraine's sovereign bonds have rallied 40 percent to trade up to 75 cents per dollar of face value following the Aug. 27...

  • ANKARA, Sept 4- Emerging markets have voiced concern about the possibility and timing of rate hikes by the Federal Reserve but a G20 communique from a meeting of finance chiefs in Turkey will not urge the U.S. central bank against such moves, a delegate said on Friday.

  • BEIJING— Tonhe Electronics is a casualty of Beijing's frantic effort to stop a stock market bust. The maker of electrical equipment, part of a technology industry the ruling Communist Party wants to promote, hoped to raise 200 million yuan from an initial public offering of stock to build a research and development center. Beijing's scramble to put a floor under...

  • EMERGING MARKETS HAVE EXPRESSED CONCERN ABOUT POSSIBILITY AND TIMING OF FED RATE HIKES- G20 DELEGATE.

  • HONG KONG, Sept 4- Explosions in the Chinese port of Tianjin last month could generate insurance losses of up to $3.3 billion, reinsurance specialist Guy Carpenter& Company said in a report on Friday, nearly double what some analysts had originally thought. Guy Carpenter, the risk and reinsurance unit of Marsh& McLennan Co Inc, used high definition satellite...

  • *GDP, c/a due 2350 GMT on Sept 7, machinery data on Sept 9. TOKYO, Sept 4- Japan's economy is expected to show a more severe contraction than originally estimated in revised second quarter growth data due next week because of a big drop in capital spending, a Reuters poll found, indicating any rebound in the current quarter may limited. Japan's economy was expected to...

  • *China and Japan had been vying for $5 billion contract. *Japan, China to be invited to bid for medium-speed rail project. JAKARTA, Sept 4- Indonesia's 11th- hour decision to scrap plans for the nation's first high-speed railway has sown confusion among top investors China and Japan, potentially undermining the strong foreign investment that has been a rare...

  • The benchmark briefly touched 17,737.01, its lowest level since Feb. 10, with the yen's gains souring already weak sentiment strained by concerns of a hard landing in China. The selling in futures drove lower index-heavy stocks such as Fast Retailing Co, SoftBank Group and Fanuc Corp; down 2.8 percent, 4 percent and 2 percent, respectively. Exporters were mostly...

  • ANKARA, Sept 4- Finance ministers and central bank governors from the Group of 20 leading economies meet in Turkey on Friday and Saturday, with slower growth in China and rising market volatility boosting the risks to the global economy. >G20 meets as China casts clouds over growth. >G20 seen striking' reassuring tone' on China- delegate.

  • MILAN, Sept 4- The Italian government may raise its 2015 economic growth forecast after the latest data on job creation, Economy Minister Pier Carlo Padoan told Italian daily Il Messaggero. Unemployment hit a two-year low of 12.0 percent in July and joblessness among those aged between 15 and 24 years dropped to 40.5 percent from a record 43.1 percent in June,...

  • SINGAPORE/ TOKYO, Sept 4- Asian shares extended losses on Friday as caution over a U.S. jobs report overshadowed signals from the European Central Bank that it is willing to take further steps to shore up the European economy. Financial spreadbetters expected Britain's FTSE 100 to open down as much as 1.5 percent, Germany's DAX to fall as much as 1.7 percent and...

  • SEOUL, South Korea— Asian stock markets were lower Friday with Tokyo's index down more than 2 percent as caution prevailed before the release of the monthly U.S. jobs report and the resumption of trading on Chinese stock markets next week. KEEPING SCORE: Japan's Nikkei 225 tumbled 2.6 percent to 17,687.18 and South Korea's Kospi dropped 1.5 percent to 1,887.61.

  • "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 58 cents to $50.10 a barrel as of 0519 GMT, after ending the previous session 18 cents higher. U.S. crude for October delivery, also known as West Texas...

  • *China and Japan had been vying for $5 billion contract. *Japan, China to be invited to bid for medium-speed rail project. JAKARTA, Sept 4- Indonesia's 11th- hour decision to scrap plans for the nation's first high-speed railway has sown confusion among top investors China and Japan, potentially undermining the strong foreign investment that has been a rare...