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  • HONG KONG, Nov 14- The Chinese yuan steadied on Wednesday thanks to signs of easing trade tensions between Beijing and Washington, though traders were cautious about the local currency's outlook in the face of rising economic headwinds. The White House confirmed on Tuesday that it is resuming trade talks with Beijing after local media had earlier reported...

  • ABU DHABI, Nov 14- Abu Dhabi National Oil Co will remain wholly owned by the Abu Dhabi government and has no plan to go public, but the firm aspires to compete with Big Oil by expanding in refining and gas, ADNOC's CEO told Reuters. "ADNOC will continue to be wholly owned by one and only one shareholder, and that is the Abu Dhabi government," al-Jaber said.

  • *Operating procedures, training could change- FAA. WASHINGTON/ SEATTLE, Nov 13- The U.S. Federal Aviation Administration and Boeing Co are evaluating the need for software or design changes to 737 MAX jets in the wake of last month's deadly Lion Air crash in Indonesia, the regulator said on Tuesday. Operating procedures and training for the 737 MAX could also change...

  • *Jan-Oct fixed-asset investment +5.7 pct y/y. BEIJING, Nov 14- China delivered a mixed economic report card for October on Wednesday as softening retail sales pointed to a consumption slowdown, even as a pick-up in industrial output and investment suggested support measures may be starting to take hold. GDP growth in the fourth quarter could dip below 6.5...

  • *USDA pegs soybean harvest behind market expectations. "The USDA report on harvest pace is driving the market today," said a Melbourne- based grains trader, who declined to be named as he is not authorized to talk to the media. The USDA said 88 percent of the soybean harvest is complete and 84 percent of corn has been harvested, both lagging analysts' forecasts.

  • The report from the U.S. China Economic and Security Review Commission has been complied almost every year since 2002 by a group tasked with monitoring the national security implications of U.S.- China trade relations. This year's edition said that China's efforts to finance bridges and even digital networks in Asia, Africa, the Middle East and Europe have...

  • SHANGHAI, Nov 14- Chinese copper smelters are looking to make more investments in mines, pushing to shore up supply of concentrate at a time when competition for the raw material is heating up, industry executives said on Wednesday. China is the world's biggest consumer of the metal but its own copper mine production has been stagnating amid a broad crackdown on...

  • *China& India car sales: https://tmsnrt.rs/2DkWvPW. But with unexpectedly broad exemptions granted by Washington that allow Asia's main oil consumers to continue buying crude from Iran, the overall supply drop has not materialised. That surge has so far been met by healthy demand, not only in Asia's main emerging economies of China and India, but also in the...

  • **China's blue-chip CSI300 index was down 0.14 percent, with its financial sector sub-index lower by 0.16 percent and the healthcare sub-index down 0.09 percent. **China's credit growth slowed sharply in October, despite pressure by regulators on banks to help keep cash-starved companies afloat, pointing to further weakening in the economy.

  • HONG KONG, Nov 14- Cathay Pacific Airways said on Wednesday it is working with 27 regulators in 15 jurisdictions to investigate a data breach that affected millions of passengers, as Hong Kong lawmakers grilled executives over how it handled the incident. The executives did not answer repeated questions about whether the airline would compensate all...

  • *Sterling erases most of its losses from last two sessions. *Dollar index trades below a 16- month high hit on Monday. SINGAPORE, Nov 14- The euro and sterling climbed higher on Wednesday as investor confidence rose on news Britain had struck a draft divorce deal with the European Union after more than a year of talks.

  • SINGAPORE, Nov 14- London three-month copper prices edged down on Wednesday as disappointing Chinese credit growth capped gains on optimism over U.S.- China trade talks and Chinese investment growth. "There's a slight improvement in investment that showed the government's physical support as they have promised, but... it's not satisfactory because the loan...

  • TOKYO, Nov 14- Japan's Nikkei edged lower in choppy trade on Wednesday morning as investors sold resource stocks after oil prices plunged. "What investors are focused on the most is development in U.S.- China trade talks so the market will likely remain tense for a while." President Donald Trump's top economic adviser said on Tuesday that the United States...

  • *China Oct steel output at 82.55 mln T. BEIJING, Nov 14- China's steel output hit record levels in October, rising for a third straight month as mills rushed to boost output ahead of winter production cuts. The record production came even after the major steel producing province of Hebei in northern China last month issued two second-level pollution alerts,...

  • TOKYO, Nov 14- Oil prices struggled for traction on Wednesday after sinking on worries about weakening world demand and oversupply, while global shares sagged with slowing growth concerns overshadowing potential positives such as progress in the Brexit saga. Brent had soared to a four-year high of $86.74 early in October as the market braced for U.S....

  • *Jan-Oct fixed-asset investment +5.7 pct y/y. BEIJING, Nov 14- China reported a mixed bag of economic data for October on Wednesday, but industrial output and investment grew faster than expected, suggesting a flurry of support measures may be starting to take hold. Industrial output rose 5.9 percent in October, the National Bureau of Statistics said on...

  • BEIJING, Nov 14- Growth in China's real estate investment in October cooled to a 10- month low and home sales fell again, as developers held back expansion plans in the face of broadly softening economic conditions. Property investment, which mainly focuses on residential but also includes commercial and office space, grew 7.7 percent in October from a year...

  • BEIJING, Nov 14- China's industrial output grew 5.9 percent in October from a year earlier and fixed-asset investment rose 5.7 percent in the first 10 months, both above forecasts, but retail sales rose less than expected last month, data showed on Wednesday. Private investment accounts for about 60 percent of overall investment in China. With U.S. trade duties...

  • SINGAPORE, Nov 14- London three-month copper prices edged down on Wednesday as disappointing Chinese credit growth capped a short rally on optimism over U.S.- China trade talks. President Donald Trump's top economic adviser Larry Kudlow said on Tuesday that the United States welcomed the resumption of talks with China on trade. The news supported base...

  • SINGAPORE, Nov 14- Oil markets struggled to find their footing on Wednesday after plunging by 7 percent the previous session, with surging supply and the spectre of faltering demand keeping investors on edge. West Texas Intermediate crude oil futures were at $55.54 per barrel at 0159 GMT, down 15 cents from their last settlement. International benchmark Brent...