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  • *Russia's rouble dips ahead of policy decision. The MSCI index for developing world stocks fell more than 1 percent, dragged down by mainland China and Hong Kong shares. China reporter retail sales grew at their weakest pace in November since 2003 and industrial output rose the least in nearly three years, putting pressure on Beijing to defuse its trade dispute...

  • LONDON, Dec 14- Borrowing costs in the euro area fell on Friday as weak data from the euro zone and China fanned worries about global growth, a day after the ECB said downside economic risks were becoming more prominent. The weak figures come a day after the European Central Bank decided to end its massive asset-buying scheme but kept policy broadly unchanged,...

  • BUDAPEST/ PRAGUE, Dec 14- The Czech crown held onto earlier gains, bucking weakness in eastern Europe on Friday, after a central bank board member earlier this week flagged the possibility of raising interest rates again soon. Czech central bank board member Vojtech Benda told Reuters on Wednesday that a weaker-than-expected crown was a reason to debate...

  • BUDAPEST/ PRAGUE, Dec 14- The Czech crown held onto earlier gains, bucking weakness in eastern Europe on Friday, after a central bank board member earlier this week flagged the possibility of raising interest rates again soon. Czech central bank board member Vojtech Benda told Reuters on Wednesday that a weaker-than-expected crown was a reason to debate...

  • LONDON, Dec 14- Stocks worldwide tumbled on Friday after weak economic data from China and Europe fanned concerns of a global economic slowdown and left investors fretting over the wider impact of a still-unresolved Sino-U.S. trade dispute. The data out of Europe added to weak readings from China, where November retail sales grew at the weakest pace since 2003...

  • The government wanted to avoid disciplinary action by the European Union over its expansionary 2019 budget, without betraying pledges made to Italian voters, Di Maio told the Italian newspaper Il Fatto Quotidiano. Prime Minister Giuseppe Conte told the European Commission on Wednesday he was lowering next year's deficit target to 2.04 percent of gross...

  • *Worst fears over Italy may have passed. Often described as bond vigilantes for the way they impose fiscal discipline on profligate governments, debt investors punished Italy hard for proposing a draft budget deficit three times higher than it had pledged. Government bond yields, already down a fifth from the highs, lurched lower again this week after the...

  • FRANKFURT, Dec 14- The European Central Bank will begin to supervise Barclays Bank Ireland and the Irish subsidiary of Bank of America Merrill Lynch from next year as they are expected to grow in size following Brexit, the ECB said on Friday.

  • *Euro hobbled by ECB, poor PMI numbers in Germany, France. LONDON, Dec 14- The euro fell on Friday as the euro zone economy showed more signs it's beginning to sputter, while the dollar made some headway as investors turned nervous about a slowdown in China. The euro was hurt on Thursday when the European Central Bank cut forecasts for economic growth and inflation.

  • LONDON, Dec 14- European shares were sharply lower in early trade on Friday as weak Chinese data renewed worries about the health of the world's second-largest economy and potential damage from Washington's protracted trade spat with Beijing. Germany's DAX, which is particularly sensitive to global trade tensions and the Chinese economy, was the biggest...

  • *BOJ set to keep policy at Dec. 19-20 meeting. TOKYO, Dec 14- Japan's exports growth is expected to have cooled in November, a Reuters poll showed on Friday, suggesting a dimming economic outlook amid easing global demand and a U.S.- China trade dispute. Imports likely grew 11.5 percent last month from a year earlier, resulting in a trade deficit of 600.3 billion yen.

  • HONG KONG/ BEIJING, Dec 14- China Development Bank is leading a team to supervise HNA Group's asset disposals as the heavily indebted conglomerate scales back operations to a point that will leave it holding only core assets, people familiar with the situation said. A work group, led by China's largest policy bank CDB as HNA's biggest creditor, moved into HNA...

  • SHANGHAI, Dec 14- Hong Kong stocks slid on Friday, as concerns deepened over the health of the world's second largest economy after China posted weak consumer and factory data. **China's November retail sales grew at their weakest pace since 2003 and industrial output rose the least in nearly three years as domestic demand softened further.

  • *OPEC- led deal to cut supply supports crude prices. LONDON, Dec 14- Oil prices slipped on Friday after China reported slower economic growth, pointing to lower fuel demand in the world's biggest oil importer, although market sentiment was supported by supply cuts agreed last week by major crude producers. "For the time being until the OPEC cuts start kicking in, the...

  • BEIJING, Dec 14- China's November retail sales grew at their weakest pace since 2003 and industrial output rose the least in nearly three years as the economy lost further momentum, heaping pressure on Beijing to defuse its trade dispute with the United States. The stresses on broad activity have been compounded by a sharp escalation in China's trade row with...

  • TOKYO, Dec 14- SBI Holdings said on Friday it has sold all its allotted shares in SoftBank Group Corp's soon-to-list domestic telco, underscoring strong retail demand for the shares. The telecoms unit, SoftBank Corp, priced its IPO earlier this week at an indicated 1,500 yen per share, and said it would sell an extra 160 million shares to meet the demand, raising...

  • PARIS, Dec 14- Airbus on Friday named services boss Philippe Mhun as its next head of programs, succeeding defense and commercial aerospace veteran Didier Evrard, who is scheduled to retire. The move completes a tandem of top-level industrial changes at Europe's largest aerospace group after Airbus last month hired Bosch appliances executive Michael...

  • PARIS, Dec 14- Airbus on Friday named services boss Philippe Mhun as its next head of programmes, succeeding defence and commercial aerospace veteran Didier Evrard, who is scheduled to retire. The move completes a tandem of top-level industrial changes at Europe's largest aerospace group after Airbus last month hired Bosch appliances executive Michael...

  • "So it is not falling despite our agreement," Tokarev was quoted as saying in reference to the global oil output deal between OPEC and non- OPEC producers last week.

  • *Nissan claim refers to "unjust enrichment"- court docket. SAO PAULO/ TOKYO, Dec 13- Nissan Motor Co has filed a court claim against Carlos Ghosn's sister that references alleged "unjust enrichment", escalating a battle being waged in Brazilian courts between the car maker and its once-celebrated former chairman. A court docket dated Dec. 11 that was seen by Reuters...