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  • SEOUL, Oct 19- The Bank of Korea upgraded its growth outlook and took a bullish view on the economy, boosting chances of a rate hike in the coming months though the rate was kept unchanged on Thursday. Governor Lee Ju- yeol told a news conference, without elaborating, that Lee Il- houng voted against the hold. Governor Lee said he sees a stronger growth trajectory in...

  • BEIJING, Oct 19- China's central bank governor Zhou Xiaochuan said on Thursday that the trading range of the Chinese yuan exchange rate is not a key issue at the moment, and that the width of the current yuan exchange rate band rarely constrains supply and demand. The central bank is considering a widening of the yuan's trading band after the 19th Communist Party...

  • BEIJING— China's ruling Communist Party is expanding its role in business even as it promises freer markets and support for entrepreneurs on the eve of President Xi Jinping's second five-year term as leader. Some are forming ties with private sector success stories such as tech giants Alibaba and Tencent to draw on their skills. There are parallel goals that...

  • BEIJING, Oct 19- Top Chinese officials have praised President Xi Jinping's political ideology unveiled at a key Communist Party Congress, an indication that he could cement his power with his new slogan being incorporated into the party's constitution. Xi opened the party's twice-a-decade congress on Wednesday with a speech pledging to build a "modern...

  • BEIJING, Oct 19- China's aluminium output fell a third straight month in September, official data showed on Thursday, although it remains on track to hit a record high in 2017 despite capacity cuts. The world's top aluminium producing country churned out 2.61 million tonnes of the metal last month, down 1.1 percent from 2.64 million tonnes in August and 5.6...

  • BEIJING, Oct 19- China's industrial output growth accelerated to a three month high in September, while fixed asset investment growth continued to decline, falling to the slowest pace since December 1999. Strong factory output and solid retail sales growth helped China's economy meet expectations for 6.8 percent GDP growth in the third quarter, though a...

  • TOKYO, Oct 19- Japan's transport ministry is considering convening a meeting to probe the safety of automobiles, trains and planes using products from scandal-hit Kobe Steel Ltd, Kyodo reported on Thursday. With the data falsification scandal at Japan's No. 3 steelmaker affecting a wide range of manufacturers, the Ministry of Land, Infrastructure, Transport...

  • *China property slowing under pressure from cooling measures. BEIJING, Oct 19- Property sales in China dropped for the first time in more than two-and-half years in September and housing starts slowed sharply, reinforcing expectations that robust growth in the world's second-largest economy is starting to cool. Real estate, which directly affects 40 other...

  • Coal output +7.6 pct y/y at 298 mln T. BEIJING, Oct 19- China's coal production rose slightly in September from a month earlier, as miners increased operations to take advantage of rising prices after environmental and safety checks in August curbed output, data showed on Thursday. China produced 298 million tonnes of coal last month, up 2.4 percent from August and...

  • TOKYO, Oct 19- Toyota Motor Corp on Thursday said that it had confirmed that aluminium plates supplied by Kobe Steel Ltd with falsified quality data which were used in parts for some of the Japanese automaker's vehicles had met safety and durability standards. In a statement, Toyota said that it was working to identify whether non-aluminium products supplied...

  • BEIJING, Oct 19- China's economic growth slowed slightly as expected in the third quarter as the government's efforts to rein in the property market and debt risks tempered activity in the world's second-largest economy. While China produced forecast-beating growth of 6.9 percent in the first half, many economists and investors had expected momentum would...

  • BOGOTA, Oct 18- Colombia's congress approved an $80 billion budget for 2018 on Wednesday, in a bid to retain the country's' BBB' credit rating, and the finance minister said the government would not issue more international bonds. Education will benefit most in the 235.5 trillion peso plan, with funding of 37 trillion pesos, followed closely by the defense sector...

  • BEIJING, Oct 19- China's economic growth slowed slightly as expected in the third quarter as the government's efforts to rein in the property market and debt risks tempered activity in the world's second-largest economy. While China produced forecast-beating growth of 6.9 percent in the first half, many economists and investors had expected momentum would...

  • SHANGHAI, Oct 19- China's steel output in September fell 3.7 percent from the previous month, when output reached a record, as mills in the world's top producer curbed output because of the central government's crackdown on air pollution and overcapacity. Crude steel production was at 71.83 million tonnes last month, up 5.3 percent from a year ago, and taking the...

  • SINGAPORE, Oct 19- Chicago wheat ticked higher on Thursday as bargain buying after three sessions of decline underpinned prices, although gains were checked by stiff competition in the global export market. The Chicago Board of Trade most-active wheat contract gained 0.1 percent to $4.30-1/ 4 a bushel by 0227 GMT, having closed down 1 percent on Wednesday when...

  • BEIJING, Oct 19- China's oil refineries increased their run rates by 12.7 percent to a record for September, data showed on Thursday, after a major new state-run refinery launched operations and independent plants came back on stream after maintenance. That was also an increase on August's 11.1 million bpd, according to data from the National Bureau of...

  • BEIJING, Oct 19- China's robust economic growth hardly skipped a beat in the third quarter, expanding by 6.8 percent as widely expected but cooling slightly after a strong first half. While China produced forecast-beating growth of 6.9 percent in the first half, many economists and investors had expected momentum would start to fade as the government cracks...

  • TOKYO— Japan's trade surplus leaped nearly 38 percent in September from a year earlier, on strong shipments of cars, car parts and machinery to China and the U.S., according to customs data released Thursday. Exports to China surged 29 percent in value, while exports to the U.S. were up 11 percent. Japan's trade surplus with the U.S. climbed 5 percent from a year earlier...

  • *China Q3 GDP growth at 6.8 pct, down from Q2. BEIJING, Oct 19- China's economic growth slowed slightly as expected in the third quarter as the government's efforts to rein in the property market and debt risks tempered activity in the world's second-largest economy. The economy grew 6.8 percent in the third quarter from a year earlier, in line with the estimate...

  • BEIJING, Oct 19- China's robust economic growth hardly skipped a beat in the third quarter, expanding by 6.8 percent as widely expected but cooling slightly after a strong first half. While China produced forecast-beating growth of 6.9 percent in the first half, many economists and investors had expected momentum would start to fade as the government cracks...