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  • SYDNEY, Nov 24- A rebel member of Australian Prime Minister Malcolm Turnbull's coalition government is circulating a draft bill to step up pressure for an official inquiry into the country's scandal-hit banks. The draft bill, reviewed by Reuters, was being circulated late this week by Barry O'Sullivan, a senator of the junior coalition partner, the National...

  • CBS said late Thursday it reached a multi-year agreement with Dish for carrying its local stations as well as three cable channels. The CBS channels are being restored, Dish said in a separate statement. CBS content was pulled off Dish networks on Tuesday over a dispute that revolved around how much Dish would pay for 28 local CBS channels as well as three cable...

  • *Markets also supported by expected extension of OPEC output cuts. *Analysts say internal OPEC tensions threaten collaboration. SINGAPORE, Nov 24- U.S. crude oil rose to a two-year high on Friday, as the shutdown of a major crude pipeline from Canada to the United States tightened North American markets.

  • TOKYO, Nov 24- Japanese government bonds slipped on Friday and the yield curve steepened following the Bank of Japan's move to slightly trim its purchases of longer maturities in its regular buying operations. The BOJ offered to buy 90 billion yen of JGBs maturing in 25 to 40 years, down from 100 billion yen in its previous operation for those maturities.

  • *Rare, non-ferrous metal stockpiles usually total about 250,000 T. SEOUL, Nov 24- The South Korean agency that manages state stockpiles of commodities says it could ramp up its inventories of non-ferrous metals next year amid growing demand for such materials in churning out products like electric vehicles. "We can't confirm our plan next year, but think will be...

  • TOKYO, Nov 24- The dollar wobbled in thin trading on Friday, on track for losses against most rivals in a holiday-shortened week as it remained under pressure on the Federal Reserve's cautious view on low U.S. inflation. U.S. markets were closed for the Thanksgiving holiday on Thursday, which was also a national holiday in Japan. The dollar added 0.2 percent against...

  • BEIJING— China is cutting import tariffs on a range of consumer goods amid pressure from the United States, Europe and other governments for better access to its growing domestic market. The move announced Friday applies to goods including mineral water, baby carriages and ski equipment and comes as Beijing tries to spur economic growth driven by consumer...

  • Nov 23- CBS Corp and Dish Network Corp resolved a dispute over the fees the satellite TV provider pays to the broadcaster, ending a blackout that affected nearly 3 million customers across 26 states. CBS said late Thursday it reached a multi-year agreement with Dish for carrying its own stations, as well as the CBS Sports Network, POP and the Smithsonian Channel.

  • *Latest quality assurance scandal to hit Japan. TOKYO, Nov 24- Mitsubishi Materials Corp saw its stock fall as much as 11 percent on Friday after it said three subsidiaries had falsified product data, marking the latest in a series of quality assurance scandals involving Japanese manufacturers. Mitsubishi Materials said data falsification at subsidiary...

  • NEW YORK— Stores are hoping deals and excitement bring shoppers to stores and to their sites for Black Friday, one of the biggest shopping days of the year. But the Thanksgiving weekend, when stores go all-out to attract shoppers, can be an indication of how well they'll do through the season. Lam Huynh, who was at Macy's during a visit to New York from Grand Rapids,...

  • SANTA CRUZ, Nov 24- Russian gas giant Gazprom is in talks with Bolivia's YPFB to possibly sell Bolivian gas to neighboring countries in Latin America, Russia's energy minister Alexander Novak said on Thursday, raising hopes for an expansion in markets for the landlocked supplier. "The possibility of Gazprom selling Bolivian gas to neighbors seems very...

  • SHANGHAI, Nov 24- Chinese stocks slipped further on Friday after the biggest selloff in months the previous day, with fresh government steps to reduce financial risks and a rout in the bond market sapping investors' confidence. The blue-chip CSI300 Index ended the morning down 0.8 percent at 4,069.00 points, putting it on track for its worst two days of trading...

  • CBS CORP SAYS CO AND DISH NETWORK CORP REACH CONTENT CARRIAGE AGREEMENT.

  • *Spot gold may break above a resistance at $1,296- technicals. Spot gold was up 0.1 percent at $1,291.50 per ounce,. There just has not been enough to entice investors back into the market in great amounts, "ANZ analyst Daniel Hynes said.

  • SHANGHAI, Nov 24- China's yuan weakened against the U.S. dollar on Friday, with strong corporate demand supporting the greenback but the Chinese currency is on course for its best week in more than a month. Prior to market opening, the People's Bank of China set the official yuan midpoint at its strongest in six weeks at 6.5810 per dollar. "The yuan is becoming a...

  • BEIJING— Chinese police say they have broken up a gang that smuggled 20 billion yuan out of the country, evading financial controls imposed by Beijing to stem an outflow of capital from the economy. Seven suspects were detained in the case centered in the southern city Shaoguan near Hong Kong but as many as 10,000 people might have been involved, the official...

  • *Sterling eyes May's visit to Brussels. Otherwise, markets lacked cues from Wall Street, which was closed for the Thanksgiving holiday in the United States on Thursday, and was set to hold a shortened trading session on Friday. MSCI's broadest index of Asia-Pacific shares outside Japan was almost flat, as Hong Kong shares bucked the softness in the mainland...

  • SANTA CRUZ, Nov 24- Russia's oil minister Alexander Novak said late Thursday that Russian gas giant Gazprom is in talks with Bolivia's YPFB to possibly sell Bolivian gas to neighboring countries in Latin America. Speaking at a gathering of the Gas Exporting Countries Forum in Santa Cruz, Bolivian Energy Minister Luis Sanchez said so far 29 companies have...

  • PHILADELPHIA— A fund set up to raise money for a homeless man who helped a woman when her car ran out of gas in Philadelphia has collected more than $275,000. The GoFundMe campaign was started by Bordentown, New Jersey, resident Kate McClure this month after she was stuck along Interstate 95 and Johnny Bobbitt Jr. bought her some gas with his last $20.

  • SANTA CRUZ, Nov 24- Russia's oil minister Alexandra Novak said on Thursday that Russian gas giant Gazprom is in talks with Bolivia's YPFB to possibly sell Bolivian gas to neighboring countries in Latin America.