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  • SINGAPORE, Nov 13- The United States will step up enforcement of sanctions on Iran, national security adviser John Bolton said on Tuesday, as Tehran tries to find ways to evade the restrictions in oil trade and in banking. The United States announced reinstatement of sanctions earlier this month as the Trump administration tries to force Iran to curb its nuclear...

  • SHANGHAI, Nov 13- Metals traders are arriving in Shanghai for the annual Asia Copper Week event, gathering in China at a time when the outlook for demand in the world's biggest consumer of the commodity is clouded by the Sino-U.S. trade war. China this year tightened thresholds on impurities in scrap metal imports and slapped a 25- percent tariff on scrap material...

  • *Spot gold may fall to $1,192/ oz after weak bounce- technicals. Spot gold was up 0.2 percent at $1,202.57 per ounce at 0746 GMT. "It's been some time that we have seen this level, so we are seeing some buying here," said Ronald Leung, chief dealer at Lee Cheong Gold Dealers in Hong Kong.

  • HONG KONG, Nov 13- China stocks closed higher for a second straight session on Tuesday, supported by expectation of further policy support, signs of fresh trade talks between Beijing and Washington, and gains in consumer scrips. **The smaller Shenzhen index gained 1.6 percent and the start-up board ChiNext Composite index was higher by 1.7 percent.

  • LONDON, Nov 13- AstraZeneca took another step to refocus its portfolio on priority projects on Tuesday by selling U.S. rights to a treatment for a serious infant lung infection to Swedish Orphan Biovitrum for an upfront fee of $1.5 billion. Around 130 AstraZeneca staff will transfer to Sobi as the Swedish company, widely known as Sobi, takes over marketing of the...

  • LONDON, Nov 13- FirstGroup said on Tuesday Finance Director Matthew Gregory would step up to become chief executive, with a remit to drive value for shareholders at the rail and bus operator.

  • KUALA LUMPUR, Nov 13- Bankers at Goldman Sachs Group Inc "cheated" Malaysia in dealings with state fund 1 MDB, Prime Minister Mahathir Mohamad said, amid growing calls in the country for more aggressive steps to recoup fees earned by the bank. The U.S. Department of Justice has said about $4.5 billion was misappropriated from 1 MDB, including some money that Goldman...

  • LONDON, Nov 13- Foxtons posted flat third-quarter revenue of 35.1 million pounds as the London- focussed estate agent, which has suffered from the slowdown in the capital's property market, said conditions remained challenging. A slight increase in lettings revenue was counter-balanced by a small dip in earnings from sales, as London property demand remains...

  • WASHINGTON, Nov 12- Amazon.com Inc will on Tuesday announce it has selected New York and Northern Virginia for its second headquarters, a source told Reuters, ending a more than year-long contest that has seen frenzied bidding from locales across North America. Amazon's plan to split its second headquarters, dubbed "HQ2", evenly between two cities will boost its...

  • *Q2 profit Y335.8 bln vs Y337.9 bln a year earlier. Japan's largest lender by assets said profit was 335.8 billion yen in April-September compared to 337.9 billion yen in the same period a year earlier. It raised its profit forecast for the year to end-March by 100 billion yen to 950 billion yen, slightly below the 959.5 billion yen average of 14 analyst estimates,...

  • TOKYO, Nov 13- Mitsubishi UFJ Financial Group Inc reported on Tuesday a 3.8 percent rise in net profit for the six months through September, buoyed by gains from equity holdings and hefty income from the release of bad loan provisions. Japan's largest lender by assets said profit was 650.8 billion yen in April-September compared to 626.9 billion yen in the same...

  • TOKYO, Nov 13- Japanese stocks touched a two-week low on Tuesday, with technology firms coming under heavy selling pressure after shares of Apple Inc tumbled. The Nikkei, however, pared its losses by the close and was off a session low of 21,484.65- its weakest since Oct. 30- on reports China and the United States have resumed high levels talks. In turn, Apple-linked...

  • LAUNCESTON, Australia, Nov 13- The liquefied natural gas market in Asia appears to be coming to terms with the likelihood that China will still buy robust volumes over winter, but not quite at the rate it did last year. However, this time around China appears to be managing its winter demand in a more orderly fashion. Having been caught short of natural gas last winter,...

  • MELBOURNE, Nov 13- Australia, the world's biggest coal exporter and second-biggest liquefied natural gas exporter, wants to build its next big energy industry around exploiting solar and wind power along with brown coal to produce hydrogen. Australia is seeking to supply what could be a $7 billion market for hydrogen to China, Japan, South Korea and Singapore by...

  • *Saudi Arabia says there is need to cut 1 mln bpd of supply. *Trump says OPEC should not cut supply. President Donald Trump put pressure on OPEC not to cut supply to prop up the market.

  • KUALA LUMPUR, Nov 13- Malaysia wants to reclaim from Goldman Sachs Group Inc the fees the U.S. bank received for helping state fund 1 Malaysia Development Bhd raise money as well as consequential losses, Minister of Finance Lim Guan Eng said on Tuesday. He said the rate Malaysia received was about 100 basis points higher than the market rate. Goldman Sachs earned...

  • *American Airlines pilots were also unaware of issue- union. JAKARTA/ DALLAS Nov 13- Indonesian investigators said on Monday more training was needed for Boeing 737 MAX pilots after discovering the situation believed to have faced the crew of a doomed Lion Air jet was not contained in the aircraft's flight manual. Dennis Tajer, a 737 captain and spokesman for...

  • *MSCI ex- Japan off 1.4 pct, Nikkei plunges over 3 pct. SYDNEY, Nov 13- Asian shares pared losses on Tuesday as hopes for a de-escalation of the Sino-U.S. tariff war drew support from reports that China's top trade negotiator was preparing to visit the United States ahead of a meeting between the two countries' leaders. The South China Morning Post reported, citing...

  • SHANGHAI, Nov 13- China's yuan inched up against the U.S. dollar on Tuesday morning as major state-owned Chinese banks stepped in to pluck the currency from near-decade lows, offsetting pressure from the stronger greenback. Prior to the market opening on Tuesday, the People's Bank of China lowered the midpoint rate for a fourth straight day to 6.9629 per dollar,...

  • *Yen weakens from intraday high to trade near 114/ dollar. SINGAPORE, Nov 13- The dollar traded slightly below a 16- month high versus a basket of peers on Tuesday, benefiting from save-haven flows sparked by political uncertainties in Europe and fears of a global economic slowdown. Investor confidence has been eroded by bitter trade tensions between the United...