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Top News & Analysis United States

  • *Trade balance f'cast $20.7 bln vs Aug $26.7 bln. Analysts say shrinking global demand as the debt crisis festers in Europe- the single biggest overseas market for Chinese goods- and a slower-than-expected recovery in the U.S. economy would continue to be a major drag on China's export growth at least for the rest of the year.

  • LONDON, Oct 9- Emerging stocks were little changed on Tuesday as hopes that China's markets could be opened up further to offshore investors counterbalanced growth warnings from the International Monetary Fund.

  • DHAKA, Oct 9- Bangladesh's exports rose in September for the third month in a row thanks to improving garment orders, official data showed on Tuesday. Total exports for July-September, the first quarter of Bangladesh's financial year, were up 2.1 percent to $6.29 billion.

  • Since the Sept. 25 recall of three lots of a steroid produced by a Massachusetts company, the outbreak has spread to nine states and 105 patients, with eight people killed, the Centers for Disease Control said.

  • *Trade balance f'cast $20.7 bln vs Aug $26.7 bln. Analysts say shrinking global demand as the debt crisis festers in Europe- the single biggest overseas market for Chinese goods- and a slower-than-expected recovery in the U.S. economy would continue to be a major drag on China's export growth at least for the rest of the year.

  • *Oil jumps on supply concerns as Middle East tension mounts* Uncertainty over Spain and Greece pressures euro By Richard Hubbard. LONDON, Oct 9- A stark warning from the IMF about the global growth outlook and the prospects for Spain and Greece sent European stocks and the single currency lower on Tuesday, while oil rose on escalating tensions in the Middle East.

  • LONDON, Oct 9- Slovenia, rated Baa2/A/A-, has hired BNP Paribas, Deutsche Bank and JP Morgan to arrange investor meetings in the United States ahead of a potential dollar bond issue, according to banking sources.

  • Turkish President Abdullah Gul said on Monday the "worst-case scenarios" between his country and Syria were now playing out, fuelling concerns that the 18- month-old conflict in Syria may spread to other countries in the region.

  • A day before, the World Bank issued a warning about a slackening expansion in Asia. Britain's FTSE 100 fell more than 0.2 percent to 5,827.72. The picture was not as bleak in Asia, where stock market performance was mixed.

  • By Emma Thomasson ZURICH, Oct 9- Swiss private bank Julius Baer. Baer said it planned a "significant reduction" of Bank of America positions not required after the merger as well as cuts to middle and back office functions of the melded group, reducing the combined staff of about 5,700 by 15-18 percent.

  • NEW YORK, Oct 9- Vietnamese-born chef Charles Phan shares his passion for his homeland and tips about how to cook its delicious food in his first cookbook, "Vietnamese Home Cooking". Phan and his family fled to Guam from Vietnam in 1975 before settling in San Francisco a couple of years later. runs six other eateries in San Francisco.

  • SINGAPORE, Oct 9- Singapore may avoid a technical recession when it reports third quarter GDP as second-quarter numbers are likely to be revised upwards, Prime Minister Lee Hsien Loong said on Tuesday, according to local media reports.

  • MOSCOW, Oct 9- Russian stocks were flat on Tuesday morning, hampered by a faltering rally in oil prices and telecoms stocks showing little reaction to a $2 billion IPO announcement by mobile operator Megafon.

  • BEIJING, Oct 9- China's annual economic growth probably slowed for a seventh straight quarter in the July-September period to the weakest level since the depths of the global financial crisis, a Reuters poll showed, reinforcing the case for further policy stimulus.

  • By Emma Thomasson ZURICH, Oct 9- Swiss private bank Julius Baer. Baer said it planned a "significant reduction" of Bank of America positions not required after the merger as well as cuts to middle and back office functions of the melded group, reducing the combined staff of about 5,700 by 15-18 percent.

  • BEIJING/ HONG KONG, Oct 9- China's leading telecom equipment makers accused in a U.S. congressional report of being a potential security risk may face fresh scrutiny in other markets, while American firms operating in China could be vulnerable to retaliation.

  • *Deal aimed at paying down some of Bumi's $3.9 bln debt. *Bankers pitching to separate Bumi Plc and Bakries-sources* Bumi Plc board set to meet Oct 11 in Singapore.

  • KIEV, Oct 9- For Natalia Sokolenko, an award-winning Ukrainian TV reporter, the last straw was when she was taken off covering the national political scene and demoted to reporting road accidents for the commercial news station where she had worked for 10 years.

  • Shares in French movie studio EuropaCorp surge 13 percent after Liam Neeson thriller "Taken 2", which it co-produced, captures the No. 1 spot on movie box office charts over the weekend.

  • Oct 9- China's leading telecom equipment makers accused in a U.S. congressional report of being a potential security risk may face fresh scrutiny in other markets, while American firms operating in China could be vulnerable to retaliation.