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  • The Swiss National Bank (SNB), Switzerland's central bank, in Bern, Switzerland, on Wednesday, April 18, 2012.

    The Swiss National Bank kept its ultra-loose monetary policy in place on Thursday, citing the "fragile" exchange rate situation.

  • LUXEMBOURG, Dec 13- A European Union Court upheld on Thursday a complaint by the city authorities of Paris, Brussels and Madrid against an EU rule change on vehicle emissions they said increased pollution and partly overturned the regulation. The General Court said the European Commission's 2016 regulatory amendment raising the limits on nitrogen oxides...

  • BEIJING, Dec 13- China will keep its economic growth in 2019 within a reasonable range, the politburo, a top decision-making body of the ruling Communist Party, said on Thursday in remarks carried by the state news agency Xinhua. The government will further stabilize employment, the financial sector, foreign trade, investment and market expectations, Xinhua said,...

  • *Cut in OPEC 2019 demand forecast weighs. *OPEC says has offset drop in sanctions-hit Iran exports. LONDON, Dec 13- Oil prices steadied on Thursday, under pressure from high inventories but buoyed by a drawdown in U.S. crude stockpiles and indications that the trade war between the United States and China may be easing.

  • ZURICH, Dec 13- The Swiss National Bank kept its ultra-loose monetary policy in place on Thursday, citing the "fragile" exchange rate situation as a reason to maintain its expansive course into its fourth year. The SNB has used both measures SNB to prevent an appreciation of the Swiss franc, whose strength has posed problems for Switzerland's export-reliant...

  • *Italy 2- yr yield now at levels before May 29 selloff. *Italy boost comes ahead of key ECB meeting. LONDON, Dec 13- Short-dated Italian bond yields hit their lowest level in six months on Thursday after the country's government confirmed it would cut its deficit goal for 2019, potentially ending months of wrangling between Rome and Brussels.

  • *China Enterprises index HSCE rises 1.3 percent. Dec 13- Hong Kong shares finished higher on Thursday as investors cheered signs of easing Sino-U.S. trade tensions and on expectations of stronger policy support for Beijing's cooling economy. The purchases are the most concrete evidence yet that China is making good on pledges made when Presidents Donald...

  • BEIJING, Dec 13- China and the United States are in close contact over trade, and any U.S. trade delegation would be welcome to visit, a commerce ministry spokesman said on Thursday. "Both sides exchanged views on the timetable and roadmap for next steps," said Gao, who was also asked if China was planning to send a delegation to the United States to discuss trade.

  • MANILA, Dec 13- The Philippine central bank held its benchmark interest rate steady on Thursday, as expected, in line with the outlook for the inflation rate to cool. The Bangko Sentral ng Pilipinas left the rate on its overnight reverse repurchase facility unchanged at 4.75 percent, as predicted by 11 out of 13 analysts in a Reuters poll. The central bank raised...

  • Picture taken on June 12, 2013 shows a Boeing 787 'Dreamliner' plane of Thomson Airways with the logo of tourism giant TUI at the Hanover airport in Langenhagen, central Germany.

    Tui posted a 10.9 percent rise in annual earnings on Thursday. 

  • FRANKFURT, Dec 13- The European Central Bank is all but certain to formally end its lavish bond purchase scheme on Thursday but will take an increasingly dim view on growth, raising the odds that its next step in removing stimulus will be delayed. But with growth slowing, budgetary tensions in France and Italy, a political deadlock over Brexit and a global trade war...

  • BERLIN, Dec 13- German wholesaler Metro said on Thursday it expects eastern Europe and Asia to drive a rise in sales in the 2018/ 19 financial year, although it sees profits falling due to its struggling Russian business and investments in digitalisation. Metro's shares, which have fallen by a quarter in the last year, were down 4.4 percent in early Frankfurt...

  • LONDON, Dec 13- UK stock futures were flat to slightly lower on Thursday after Prime Minister Theresa May saw off a leadership challenge, with investors viewing the result as changing little in the country's prolonged divorce from the European Union. The FTSE futures index was down 0.02 percent at 0743 GMT, underperforming its euro-zone peers.

  • *Shanghai stocks gain, blue-chip CSI300 index also rises. *Gains in Shanghai stocks led by Sichuan Languang Development Co. *Shanghai losses led by Suzhou Jin Hong Shun Auto Parts Co Ltd.

  • TOKYO, Dec 13- Japan is having its second-best stretch of uninterrupted post-war growth, the government said on Thursday, a nod to premier Shinzo Abe's aggressive stimulus measures deployed five years earlier to pull the economy out of prolonged stagnation. A government panel has determined that Japan's current economic expansion began in December 2012 and...

  • *Cut in OPEC 2019 demand forecast weighs. *OPEC says has offset drop in sanctions-hit Iran exports. Crude oil prices have also been supported by OPEC- led supply curbs announced last week, although gains were capped after the producer group lowered its 2019 demand forecast.

  • LONDON, Dec 13- European travel and tourism group TUI Group posted a 10.9 percent rise in annual earnings, just ahead of forecasts, and said next year would generate similar growth, after strong demand for its higher-margin hotel and cruise offerings. TUI's earnings growth and positive outlook are the latest example of it outshining smaller British rival...

  • BRUSSELS, Dec 13- The European Union "stands ready to examine whether any further assurance can be provided" to Britain over the Irish backstop and their tentative divorce agreement, a draft seen by Reuters showed on Thursday. The draft, a six-point document the EU is preparing for British Prime Minister Theresa May on Thursday to help convince the divided UK...

  • BEIJING, Dec 13- London copper prices rose to their highest in more than a week on Thursday amid signs China is keeping promises made to the United States as part of a deal to resolve a trade row between the world's top two economies. "Signs of positive progression in trade talks between the U.S. and China should see sentiment in the commodity market remain positive,"...

  • BENGALURU, Dec 13- Gold was little changed on Thursday as the dollar steadied and equities climbed on signs of easing trade tensions between the United States and China, while palladium rose to a record high, trading at a premium to the bullion. We've got a little more positive sentiment than we anticipated from U.S.- China trade tensions, which is weighing on the...