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  • BEIJING— Chinese police say they have broken up a gang that smuggled $3 billion out of the country amid efforts by Beijing to stem an outflow of capital from the economy. The official Xinhua News Agency says seven people were detained. Xinhua said the group in Shaoguan made unspecified large profits by trading on the difference in exchange rates between Hong...

  • *Sterling eyes May's visit to Brussels. Otherwise, markets lacked cues from Wall Street, which was closed for the Thanksgiving holiday in the United States on Thursday, and was set to hold a shortened trading session on Friday. MSCI's broadest index of Asia-Pacific shares outside Japan was almost flat, as Hong Kong shares bucked the softness in the mainland...

  • SANTA CRUZ, Nov 24- Russia's oil minister Alexander Novak said late Thursday that Russian gas giant Gazprom is in talks with Bolivia's YPFB to possibly sell Bolivian gas to neighboring countries in Latin America. Speaking at a gathering of the Gas Exporting Countries Forum in Santa Cruz, Bolivian Energy Minister Luis Sanchez said so far 29 companies have...

  • PHILADELPHIA— A fund set up to raise money for a homeless man who helped a woman when her car ran out of gas in Philadelphia has collected more than $275,000. The GoFundMe campaign was started by Bordentown, New Jersey, resident Kate McClure this month after she was stuck along Interstate 95 and Johnny Bobbitt Jr. bought her some gas with his last $20.

  • SANTA CRUZ, Nov 24- Russia's oil minister Alexandra Novak said on Thursday that Russian gas giant Gazprom is in talks with Bolivia's YPFB to possibly sell Bolivian gas to neighboring countries in Latin America.

  • BEIJING, Nov 24- China's finance ministry said on Friday that it will cut import tariffs on some consumer products from Dec. 1.

  • *Latest quality assurance scandal to hit Japan Inc. TOKYO, Nov 24- Shares of Mitsubishi Materials Corp fell as much as 11 percent on Friday, the lowest since August, after the firm said its subsidiaries had falsified product data, the latest in a series of quality assurance scandals involving Japanese manufacturers. Mitsubishi Materials said on Thursday that...

  • BOLIVIA ENERGY MINISTER SAYS 29 COMPANIES EXPRESSED INTEREST SO FAR IN 80 GAS BLOCKS ON OFFER.

  • BOLIVIA EXPECTS RUSSIAN GAZPROM TO OPERATE GAS FIELDS OF VITIACUA, LA CEIBA.

  • RUSSIAN ENERGY MINISTER ALEXANDER NOVAK SAYS GAZPROM IN TALKS WITH BOLIVIA TO POSSIBLY SELL GAS TO NEIGHBORING COUNTRIES.

  • Nov 23- U.S. shoppers had splurged more than $1.52 billion online by Thanksgiving evening, and more bargain hunters turned up at stores this year after two weak holiday seasons as retailers opened their doors early on the eve of Black Friday. "The turnout is clearly better than the last couple of years," said Craig Johnson, president of Customer Growth Partners.

  • TOKYO, Nov 24- Japan's Nikkei share average fell on Friday morning after exporters such as automakers were sold, while Mitsubishi Materials dived after it said its subsidiaries falsified data. The Nikkei declined 0.4 percent to 22,428.83 in midmorning trade, after markets were closed for a national holiday on Thursday. Automakers were hit by selling, with...

  • SHANGHAI, Nov 24- Chinese stocks wobbled in volatile trade on Friday morning as investors grappled with the biggest selloff in months the previous day, with fresh government steps to curb financial risks and a rout in the bond market sapping confidence. The benchmark blue-chip CSI300 Index opened down and then rose into positive territory before sinking back...

  • Nov 23- U.S. shoppers had splurged more than $1.52 billion online by Thanksgiving evening, and more bargain hunters turned up at stores this year after two weak holiday seasons as retailers opened their doors early on the eve of Black Friday. "The turnout is clearly better than the last couple of years," said Craig Johnson, president of Customer Growth Partners.

  • *Markets also supported by expected extension of OPEC output cuts. *Analysts say internal OPEC tensions threaten collaboration. SINGAPORE, Nov 24- U.S. crude oil hit fresh two-year highs on Friday, as the shutdown of a major crude pipeline from Canada to the United States tightened North American markets.

  • *Spot gold was up 0.1 percent at $1,292.18 per ounce, as of 0134 GMT. *Lawyers for Michael Flynn, U.S. *European Central Bank policymakers broadly agreed last month on extending their asset purchase scheme but a decision to keep the bond buys open-ended appeared to generate fiercer debate, minutes of the meeting released on Thursday showed.

  • SYDNEY, Nov 24- Copper traded in a tight range on Friday, stymied by the U.S. *The most-traded copper contract on the Shanghai Futures Exchange started 0.07 percent higher at 54,090 yuan a tonne. *PERU STRIKE: Workers for the two largest unions at Southern Copper Corp in Peru started an indefinite strike, though the company said operations were unaffected.

  • SHANGHAI, Nov 24- China's central bank set its official yuan midpoint at the strongest level in six weeks on Friday at 6.6021 per dollar, breaching the key 6.6 level, reflecting a robust spot yuan performance the day earlier. The official midpoint was 211 pips or 0.32 percent firmer than the previous fix of 6.6021 per dollar on Thursday. Market participants said...

  • TOKYO, Nov 24- Shares of Mitsubishi Materials Corp fell as much as 11 percent on Friday after the company said its subsidiaries had falsified product data, the latest in a series of quality assurance scandals involving Japanese manufacturers. Mitsubishi Materials said on Thursday that data falsification at one subsidiary, Mitsubishi Cable Industries, was...