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  • BEIJING, Oct 19- China's industrial output rose 6.6 percent in September from a year earlier, faster than expected, while fixed-asset investment expanded 7.5 percent in the first nine months of the year, missing forecasts, data showed on Thursday. Private sector fixed-asset investment fell to 6.0 percent, down from 6.4 percent in the previous period, the...

  • BEIJING, Oct 19- Real estate investment in China rose 8.1 percent in January-September from the same period a year earlier, quickening modestly from a 7.9 percent gain in the first eight months of 2017, official data showed on Thursday. A property boom has been a major growth driver for China's economy this year, but activity has been expected to slow as more...

  • BEIJING, Oct 19- China's economy grew 6.8 percent in the third quarter from a year earlier, official data showed on Thursday, in-line with expectations and below the previous quarter's growth as fixed asset investment growth slowed. Beijing is aiming for growth of around 6.5 percent in 2017, slightly lower than last year's 6.7 percent, which was the weakest pace...

  • Speaking on Wednesday, less than a month before President Donald Trump is due to make his first state visit to China, Tillerson said the United States had begun to discuss creating alternatives to Chinese infrastructure financing in Asia. In another comment likely to upset Beijing, he said Washington saw room to invite others, including Australia, to join U.S.-...

  • MELBOURNE, Oct 19- London copper marked time on Thursday amid prospects of better demand and ahead of a slew of economic readings out of China that were expected to signal a slowdown in economic growth. *SHFE COPPER: Shanghai Futures Exchange copper slipped by 0.7 percent to 54,510 yuan a tonne. *EV DEMAND: In supportive news for nickel and copper, China's electric...

  • NEW YORK, Oct 18- Automatic Data Processing Inc is already making many of the changes activist shareholder William Ackman is advocating, but it will take time to see results, Chief Executive Officer Carlos Rodriguez said in an interview on Wednesday. "We have a pretty good track record of being able to deliver good improvements in our own business without making...

  • BEIJING, Oct 19- China will continue to increase macroprudential measures for the property market, the central bank's deputy governor Yi Gang said on Thursday.

  • TOKYO, Oct 19- Japan's Nikkei share average rose on Thursday morning to hit a fresh 21- year high and was poised to scale a 13- day winning streak, as gains in global stocks and a weaker yen supported investors' risk sentiment. MSCI's broadest index of Asia-Pacific shares outside Japan edged up 0.05 percent, nearing a 10- year peak scaled on Tuesday.

  • Speaking on Wednesday, less than a month before President Donald Trump is due to make his first state visit to China, Tillerson said the United States had begun to discuss creating alternatives to Chinese infrastructure financing in Asia. In another comment likely to upset Beijing, he said Washington saw room to invite others, including Australia, to join U.S.-...

  • *The most active wheat futures on the Chicago Board of Trade were up 0.2 percent to $4.31 a bushel by 0108 GMT, having closed down 1 percent on Wednesday when prices hit a low of $4.29 a bushel- the lowest since Oct. 12. *The most active corn futures were up 0.3 percent to $3.49 a bushel, having closed down 0.4 percent in the previous session when prices hit a low of $3.47- 3.4...

  • SEOUL, Oct 19- South Korea's central bank held its key interest rate steady on Thursday, as expected, as it evaluates risks and stays cautious ahead of any further monetary tightening in the United States. Governor Lee Ju- yeol is due to hold a news conference from 11:20 a.m. Seoul time. "The Fed's plans to tighten monetary policy further probably was a factor on...

  • CENTRAL ISLIP, N.Y.— A New York real estate developer caught trying to flee to South America following a fatal car crash in the Hamptons has been sentenced to three to nine years in state prison. The August 2015 crash in Sag Harbor killed 53- year-old Paul Hansen. Ludwick was free on bail when he was captured in Puerto Rico in 2016 negotiating to buy a $400,000...

  • *Spot gold was steady at $1,281.24 an ounce at 0053 GMT. *President Donald Trump will announce his decision on who will be the chair of the Federal Reserve in the "coming days," White House spokeswoman Sarah Sanders said on Wednesday. *U.S. Senate Republicans appeared to have enough votes on Wednesday to pass a budget measure that is crucial to President Donald...

  • *Dollar/yen touches highest level since Oct. 6. SINGAPORE, Oct 19- The dollar hit its highest in about two weeks versus the yen on Thursday, supported by this week's rise in U.S. bond yields, with the near-term focus on U.S. The dollar rose to as high as 113.095 yen in early Asian trade, its strongest level since Oct. 6.

  • TOKYO, Oct 19- Japan's securities watchdog is investigating Toshiba Corp's accounting practices for the last business year to see if it properly handled the losses incurred by its U.S. nuclear unit Westinghouse, the Nikkei business daily reported on Thursday. The Securities and Exchange Surveillance Commission is examining the process of how Toshiba...

  • BOGOTA, Oct 18- Colombia's congress approved an $80 billion budget for 2018 on Wednesday, a 1 percent increase over this year's spending, as the government seeks to retain the country's' BBB' credit rating. Education will benefit most in the 235.5 trillion peso plan, with funding of 37 trillion pesos, followed closely by the defense sector with 31 trillion pesos.

  • *Market focus on China GDP, Fed, China's party congress. MSCI's broadest index of Asia-Pacific shares outside Japan edged up 0.05 percent, nearing a 10- year peak scaled on Tuesday. Japan's Nikkei rose 0.4 percent to a fresh 21- year high, while South Korea's KOSPI, on a record breaking tear for the past week, nudged up to an historical high and Australian stocks added...

  • *OPEC expected to extend supply cuts next year. SINGAPORE, Oct 19- Oil prices were firm on Thursday, supported by ongoing supply cuts led by OPEC, tensions in the Middle East and lower production in the United States as a result of hurricane-enforced closures. Beyond the drop in U.S. production and tensions in Iraq and between the United States and Iran, analysts...

  • *China economy seen growing 6.8 pct in Q3 y/y, vs Q2's 6.9 pct. *Click here for multimedia coverage of China's congress http://reut.rs/2gN2YqY. BEIJING, Oct 19- China is expected on Thursday to post a modest slowdown in third quarter economic growth from the previous quarter as the government's efforts to rein in the property market and debt risks weigh on...

  • Oct 18- U.S. regulators approved on Wednesday a new therapy for a type of lymphoma, which was developed by Gilead Science Inc's Kite Pharma, marking the second approval for this potentially revolutionary approach to fighting cancer. The Food and Drug Administration approved the gene therapy, to be sold under the name Yescarta, to treat adults with large B-cell...