MELBOURNE, Sept 27 (Reuters) - London copper hovered near its lowest since mid-August on Thursday, subdued by a stronger dollar and ongoing concerns over flagging economic growth in China.
* London Metal Exchange copper edged up 0.2 percent to $6,424.50 a tonne by 0110 GMT, following a 0.6 percent loss in the previous session. Prices were within reach of a trough hit last Friday at $6,366 a tonne, which was the weakest since mid August.
* Shanghai Futures Exchange copper slipped by 0.6 percent to 50,220 yuan ($7,571) a tonne. LME zinc slipped 0.3 percent, adding to Tuesday's 1 percent losses while LME lead fell 1 percent.
* The Federal Reserve needs to continue gradual rate hikes despite broad uncertainty about the path of inflation, Fed Chair Janet Yellen said on Tuesday in remarks that acknowledged the central bank's struggles to forecast one of its key policy objectives.
* China's economic growth likely slipped in the third quarter but was still in far better shape than last year, a private survey showed on Wednesday, while adding that major risks are looming for 2018.
* U.S. consumer confidence fell in September and home sales dropped to an eight-month low in August due to the impact of Hurricanes Harvey and Irma, supporting the view that the storms would hurt economic growth in the third quarter.
* Months after being handed the mining portfolio Indonesia's minister secured majority local ownership of Grasberg one of the world's biggest gold and copper mines following months of difficult negotiations with U.S. giant Freeport-McMoRan Inc. The deal showed other multi-nationals in the sector Jakarta intended to wrestle back mine ownership.
* Singapore is aiming to position itself as a hub for blockchain development in commodity trading, with start-ups looking to boost access to trade finance and eliminate the opportunity for fraud.
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* The dollar climbed to a one-month high and bond yields rose on Wednesday as risks grew for a U.S. interest rate hike in December, while Asian stocks hovered near multi-week lows as tensions in the Korean peninsula remain elevated.
1100 U.S. Mortage Market index weekly 1230 U.S. Build Permits Aug 1230 U.S. Durable Goods Aug 1400 U.S. Pending Homes index Aug
BASE METALS PRICES 0108 GMT Three month LME copper 6428 Most active ShFE copper 50280 Three month LME aluminum 2130 Most active ShFE 16450
Three month LME zinc 3117.5 Most active ShFE zinc 25575 Three month LME lead 2480.5 Most active ShFE lead 20685 Three month LME nickel 10475 Most active ShFE nickel 84650 Three month LME tin 0 Most active ShFE tin 146860
BASE METALS ARBITRAGE
LME/SHFE COPPER LMESHFCUc3 435.07 LME/SHFE ALUMINIUM LMESHFALc3 39.51 LME/SHFE ZINC LMESHFZNc3 865.27 LME/SHFE LEAD LMESHFPBc3 231.38 LME/SHFE NICKEL LMESHFNIc3 2338.54
($1 = 6.6336 Chinese yuan renminbi)
(Reporting by Melanie Burton; Editing by Richard Pullin)