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  • BEIJING, Jan 21- China's economy cooled in the fourth quarter under pressure from faltering domestic demand and bruising U.S. tariffs, dragging 2018 growth to the lowest in nearly three decades and pressuring Beijing to roll out more stimulus to avert a sharper slowdown. Growing signs of weakness in China-- which has generated nearly a third of global growth in...

  • BEIJING, Jan 21- China's average daily steel output in December hit its lowest level since March, according to Reuters calculations based on official data, as producers cut output amid shrinking profit-margins. Total output fell to 76.12 million tonnes last month from 77.62 million tonnes in November, but was up 8.2 percent from December 2017, data from the...

  • TLAHUELILPAN/ MEXICO CITY, Mexico, Jan 20- M exico's new government knew a pipeline was leaking but did not act for hours before a blast killed at least 85 people, a minister said on Sunday, increasing scrutiny of a push to stop fuel theft seen as the president's first crackdown on crime. Relatives of some of the victims said fuel shortages stemming from President...

  • TOKYO, Jan 21- Ousted Nissan Motor Co Chairman Carlos Ghosn has offered to wear an electronic ankle tag and hire guards to monitor him in an unusual bid to secure his release on bail after two months of detention in Japan for alleged financial crimes. Ghosn is also willing to remain in Tokyo, where he has leased an apartment, and post stock he owns in Nissan as...

  • LONDON, Jan 21- The governor of Iran's central bank said on Monday that Japan has started the process of importing Iranian oil, which was suspended due to U.S. sanctions. "After China, South Korea, India and Turkey, Japan also started the process of importing Iranian oil," Abdolnaser Hemmati was quoted as saying by the state news agency IRNA. The resumption of oil...

  • BEIJING, Jan 21- China's economy cooled in the fourth quarter under pressure from faltering domestic demand and bruising U.S. tariffs, dragging 2018 growth to the lowest in nearly three decades and pressuring Beijing to roll out more stimulus to avert a sharper slowdown. Growing signs of weakness in China-- which has generated nearly a third of global growth in...

  • *Smog worsens in northern China in Q4 2018. BEIJING/ SHANGHAI, Jan 21- China will order detailed punishment measures for officials in regions that miss air quality targets this winter, refusing to accept unfavourable weather or mounting economic pressure as excuses, an environment ministry official said on Monday. China is in the fifth year of a war on pollution...

  • *Asia shares ex- Japan up 0.2 pct, China blue chips advance. SYDNEY, Jan 21- Asian markets kept their nerve on Monday as data showed the Chinese economy slowed at the end of last year, underlining the urgent need for more stimulus as Beijing wrestles with the United States over trade. Investors are also waiting to hear British Prime Minister Theresa May's' Plan B' for...

  • SHANGHAI, Jan 21- Broad dollar strength served to push the yuan weaker on Monday as the market also digested data showing China's economy slowed slightly in the fourth quarter amid U.S.-Sino trade tensions. In global markets, the U.S. dollar hovered near its two-week high against a basket of currencies on Monday as China and the United States seek to resolve...

  • BEIJING, Jan 21- China's primary aluminum output defied low prices to rise for a second straight month to a record high in December as falling alumina costs boosted margins, while 2018 annual output was also a record, official data showed on Monday. Production was likely spurred by new smelter openings late last year and higher utilization rates following a...

  • HONG KONG, Jan 21- Shares in China and Hong Kong climbed on Monday despite the Chinese economy reporting its slowest annual expansion in 28 years, as investors bet on Beijing to spend more to prop up growth. **Chinese H-shares listed in Hong Kong rose 0.6 percent, while the Hang Seng Index advanced 0.3 percent at 27,181.91 points. **But the market stayed put because...

  • SINGAPORE, Jan 21- London copper prices slid on Monday, on course to fall for the first time in five sessions, amid concerns over slowing economic growth in top industrial metals consumer China. Signs of further cooling in China-- which has generated nearly a third of global growth in recent years-- are stoking worries about risks to the world economy and are weighing...

  • TOKYO, Jan 21- The dollar held steady near a two-week high against a basket of currencies on Monday, as investor risk appetite held up despite the latest data showing China's 2018 economic growth slowing to a near three-decade low. Hopes for a thaw in U.S.- China trade tensions, a more dovish-sounding Federal Reserve and optimism that Britain could avoid a "...

  • TOKYO, Jan 21- Chances that Japan will slide into a recession this coming fiscal year have grown over the past three months, a Reuters poll of economists found, pressured by a global economic slowdown and U.S.- China trade friction. Economists said while Japan will probably manage to avoid a recession in the year starting in April, growing 0.8 percent, the outlook...

  • BEIJING, Jan 21- China has ample room for macro policy support, Ning Jizhe, head of the National Bureau of Statistics said on Monday, after the world's second-largest economy grew at the slowest pace since the global financial crisis in the fourth quarter of 2018.. China has confidence and the capacity to achieve reasonable growth this year, Ning said, adding that...

  • BEIJING, Jan 21- China's December coal output climbed 2.1 percent from the year before, government data showed, hitting the highest level in at least three years as major producers ramped up production amid robust winter demand and after the country started up new mines. China approved more than 45 billion yuan' s worth of new coal mining projects last year, much...

  • *Asia shares inch up after Wall Street rally last week. Spot gold was trading up 0.1 percent at $1,282.31 per ounce by 0306 GMT, while U.S. gold futures were steady at $1,282 per ounce. But on the other hand, we have seen them easing bearish sentiments in equity markets, "said Benjamin Lu, analyst at Phillip Futures, Singapore.

  • TOKYO, Jan 21- Nissan CEO Hirota Saikawa said on Monday that he had not heard directly about a reported French proposal to integrate the Japanese carmaker's management with Renault, adding that it was not the time to discuss revising the partners' capital ties. The Nikkei newspaper reported on Sunday that a French government delegation had informed Tokyo that...

  • BEIJING/ SINGAPORE, Jan 21- Chinese oil refiners raised their output to a record in 2018, led by state-run oil majors which maximised operations on firm profit-margins and private refiners which increased processing after being granted higher crude import quotas. Refiners processed 603.57 million tonnes of crude last year, or about 12.07 million barrels...

  • *China posts 6.6 pct 2018 growth, weakest in 28 years. SINGAPORE, Jan 21- Oil prices firmed on Monday after data showed China's economic slowdown was not as big as some analysts had expected, with supply cuts led by the Organization of the Petroleum Exporting Countries also offering support. China's September- December 2018 growth was at 6.4 percent, down from 6.5...