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  • *China shares slide on sweeping asset management rules. TOKYO, Nov 20- Asian shares pulled back on Monday, with investor sentiment hurt by a retreat on Wall Street and a slide in Chinese stocks, while the euro skidded after German coalition talks hit an impasse. Spreadbetters predicted the gloom would spread to European openings, with Germany's DAX and France's...

  • SYDNEY, Nov 20- Australia's economy is expected to accelerate at a "modest" pace as weak wage growth is seen weighing on consumption, keeping the need for stimulative monetary and fiscal policies, the International Monetary Fund said on Monday. "With Australia's recovery lagging that of other major advanced economies, monetary policy should remain firmly...

  • It's the last major regulatory hurdle facing project operator TransCanada Corp.. The Nebraska Public Service Commission's ruling is on the Nebraska route TransCanada has proposed to complete the $8 billion, 1,179- mile pipeline to deliver oil from Alberta, Canada, to Texas Gulf Coast refineries. The proposed Keystone XL route would cross parts of Montana,...

  • LINCOLN, Neb.— A Nebraska regulator is set to decide whether to approve the proposed route of the long-delayed Keystone XL oil pipeline through the state. The decision Monday could have a big impact on whether TransCanada Corp. decides to proceed with construction of the project, which was first proposed in 2008 but repeatedly delayed. The five-member Nebraska...

  • A look at some of the key business events and economic indicators upcoming this week:. Sales of previously occupied U.S. homes rose slightly in September to a seasonally adjusted annual rate of 5.39 million, but were down 1.5 percent from a year earlier, the first year-over-year decline since July 2016. Economists project that the National Association of...

  • NEW YORK/ LONDON/ CARACAS, Nov 20- Venezuela's efforts to restructure its debt may have triggered an initial stampede for the exits, but some investment funds are maintaining their portfolios or even beefing them up, betting that other investors' distress could spell opportunity. That has given a modicum of comfort to investors wagering on Venezuela's junk...

  • MEXICO CITY, Nov 20- Canada and Mexico will not make counterproposals to U.S. demands for tougher NAFTA automotive content rules but instead will offer rebuttals and pepper American negotiators with technical questions on Monday, people familiar with the talks said. The rebuttal is expected to come on Monday as negotiators resume discussions on automotive...

  • NEW YORK, Nov 20- In August, a dozen inventors gathered around a fire pit outside the headquarters of the U.S. "It's time for us to make patents great again," Michael Caputo, an advisor to Donald Trump's presidential campaign, told those gathered. The U.S. Supreme Court is due to rule sometime next year on whether the tribunal is an unconstitutional intrusion of the...

  • Nov 20- Reuters has created a tracker to monitor six indicators to help assess the fortunes of "the City", London's financial district, as Britain goes through the process of leaving the European Union. The first edition of the "Brexit and the City" tracker will be available on Monday, Nov. 20 at 0900 GMT. Media clients will find the following content with the slug...

  • NEW YORK/ LONDON/ CARACAS, Nov 20- Venezuela's efforts to restructure its debt may have triggered an initial stampede for the exits, but some investment funds are maintaining their portfolios or even beefing them up, betting that other investors' distress could spell opportunity. That has given a modicum of comfort to investors wagering on Venezuela's junk...

  • HOUSTON/ DUBAI, Nov 20- As Venezuela's dilapidated energy sector struggles to pump enough crude oil to meet the country's OPEC output target, rival producers within the exporters group have started to plug the gap, OPEC and industry sources said. Some OPEC members expect the fall to accelerate in 2018, reaching at least 300,000 bpd, OPEC sources said.

  • MELBOURNE, Nov 20- London copper was little changed on Monday after a report showed China's property sector, a major metals consumer, remained resilient in October but a stronger dollar capped gains. China's new home prices rose at a slightly faster pace in October after gains had held steady the previous month, as prices remained resilient in the face of falling...

  • TOKYO, Nov 20- Toshiba Corp's plan to raise some $5.4 billion through a sale of new shares will help it avoid a delisting, but will also see more 30 overseas investors, including activist funds, own 35 percent of the embattled conglomerate. That in turn gives it the funds to return to positive net worth by the end of the financial year in March, as an $18 billion sale of...

  • SINGAPORE, Nov 20- Oil markets were tepid on Monday as traders were reluctant to take on big new positions ahead of an OPEC meeting at the end of the month, when the producer club is expected to decide whether to continue output cuts aimed at propping up prices. The Organization of the Petroleum Exporting Countries, together with a group of non- OPEC producers led by...

  • SHANGHAI, Nov 20- China's yuan weakened against the U.S. dollar on Monday, dragged lower by strength in the greenback in overseas market even as the central bank set firmer guidance for the Chinese currency. "Post-19th Party Congress and Trump's visit to China, RMB became less event-driven and more market-oriented. This means that RMB will continue its two way...

  • SINGAPORE, Nov 20- The euro hit a two-month low against the yen on Monday, as German Chancellor Angela Merkel's efforts to form a three-way coalition government failed, stoking political uncertainty in the euro zone's largest economy. The development leaves Germany with two unprecedented options in the post-World War Two era: Merkel forms a minority...

  • *Spot gold may retest resistance at $1,298 per ounce- technicals. "Much of this will depend on the progress that the U.S. tax bill makes in the Senate. President Donald Trump would not insist on including repeal of an Obama-era health insurance mandate in a bill intended to enact the biggest overhaul of the tax code since the 1980 s, a senior White House aide said on...

  • *UBS AM launches onshore China fund, sees opportunities. SHANGHAI, Nov 20- China stocks skidded on Monday after Beijing set sweeping new guidelines to regulate asset management products, which analysts said will dampen investors' appetite for riskier assets. Shanghai's benchmark index SSEC tumbled as much as 1.4 percent to a two-month low, before recouping...

  • Nov 20- Waste coffee grounds will be used to help fuel some of London's buses, Royal Dutch Shell and clean technology company bio-bean said on Monday. A new biofuel, which contains part coffee oil, is being added to the London bus fuel supply chain where it can be used without the need for modification, the companies said in a statement. Transport for London has been...

  • *China shares slide on sweeping asset management rules. TOKYO, Nov 20- Asian shares eased on Monday, with investor sentiment hurt by a retreat on Wall Street and sliding Chinese stocks, while the euro skidded after German coalition talks hit an impasse. China stocks fell sharply after Beijing set sweeping new guidelines to regulate asset management products.