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  • *Vietnam passenger jet orders: https://tmsnrt.rs/2SJzvyK. *Visitors to Vietnam have doubled since 2015. Fuel consumption in Vietnam will reach a record high this year and will keep rising for the years to come, "said Tran Hoai Nam, vice president of Vietjet, Vietnam's biggest private airline.

  • TOKYO, Dec 17- Japan's Nikkei rose on Monday, recouping some of Friday's sharp losses as investors picked up battered shares, but the upside was curbed by persistent concerns over global growth. The Nikkei share average rose 0.8 percent to 21,536.85 at the midday break, after it slumped 2 percent on Friday, when a drop in U.S. futures suggested a fall in Wall Street.

  • SINGAPORE, Dec 17- A former vice president of China's state-run oil and chemicals group Sinochem is now under official investigation for suspected "serious disciplinary violations," according to a statement on Monday posted on the website of the government's anti-graft watchdog.

  • MANILA, Dec 17- China banned induction furnaces last year in a crackdown on polluting producers of low-quality steel, but these machines have made their way to parts of Southeast Asia, hitting domestic steelmakers and fueling safety and environmental concerns. The Philippines and Indonesia have seen an influx of these furnaces since China prohibited their...

  • SYDNEY, Dec 17- U.S. soybean futures rose nearly 1 percent on Monday, rebounding from an eight-day low touched in the previous session, as the market drew comfort from signs that U.S.- China trade tensions were easing. *The most active soybean futures on the Chicago Board Of Trade were up 0.9 percent at $9.08-1/ 4 a bushel by 0234 GMT, having closed down 0.7 percent on...

  • TOKYO, Dec 17- Asian share markets began the week on a cautious note after soft economic data from China and Europe added to evidence of cooling global growth and reinforced anxiety over the broadening impact of international trade frictions. MSCI's broadest index of Asia-Pacific shares outside Japan dipped 0.1 percent in early Monday trade, led by losses in...

  • SEOUL, Dec 17- South Korea trimmed economic growth forecasts for both this year and next year on Monday, citing weak investment and global trade disputes, and pledged to employ aggressive fiscal policy to cushion the impact. The finance ministry said Asia's fourth-largest economy would post annual growth of between 2.6 and 2.7 percent this year and next year,...

  • *Weakening economic growth in China, Europe drags on oil prices. "Oil is finding support as the drop in Baker Hughes rig counts points to a near-term slowdown in U.S. production," said Stephen Innes, head of trading for Asia-Pacific at futures brokerage Oanda in Singapore. "This, when combined with Saudi Arabia is... to cut exports to the United States to draw down...

  • MELBOURNE/ BEIJING, Dec 17- Most base metals rose in early trade on Monday, starting a new week with cautious optimism that China and the United States will be able to resolve a trade row that has weighed on prices for most of this year, although weak economic data capped gains. *COPPER: The most-traded February copper contract on the Shanghai Futures Exchange edged...

  • MEXICO CITY, Dec 16- Mexico does not plan to improve a Dec. 11 offer to repurchase bonds issued to fund a partly-built airport that the president is canceling, the finance ministry said on Sunday, rejecting the complaints of a group of investors seeking a better deal. Mexico launched a buyback offer earlier this month for $1.8 billion of $6 billion in bonds that were...

  • SINGAPORE, Dec 17- The dollar held near a 19- month high on Monday, bolstered by safe-haven buying as heightened concerns of a global economic slowdown reduced appetite for riskier assets such as stocks and Asian currencies. Weaker-than-expected economic data out of China and Europe and fears of a possible U.S. government shut down spooked investors away from...

  • "Despite OPEC and Russia agreeing to reduce oil production by a further 1.2 million barrels per day at the recent OPEC meeting, prices have fallen as the market awaits evidence that the cuts will balance the market," ANZ Bank said on Monday. The Organisation of the Petroleum Exporting Countries and its Russia- led allies have agreed to curb output from January by...

  • OTTAWA, Dec 16- Canadian diplomats received consular access on Sunday to the second of two men detained by China over the past week, Canada's foreign ministry said in a statement that gave few details. Spavor and Michael Kovrig were both picked up after Canada arrested a senior Chinese executive on a U.S. extradition request. Secretary of State Mike Pompeo said on...

  • ROME, Dec 17- Italy's coalition government has agreed on the "numbers and contents" of the budget it will propose to Brussels in a bid to avoid disciplinary action over its plans to hike deficit spending next year, a League party spokeswoman said on Monday. But a final deal with Brussels had yet to be reached, and the government sat down on Sunday evening to a marathon...

  • LONDON, Dec 17- British transport minister Chris Grayling will sign an agreement with Switzerland on Monday to ensure air services continue to operate between the two countries after Brexit. Britain is due to leave the European Union in March next year, but uncertainty over how, or even if, Brexit will happen has increased the possibility of the country exiting...

  • SHENZHEN, China, Dec 14- For four years at the turn of the century, Wang Zhaohong worked on a demolition crew in Shenzhen, clearing the way for the once-tiny border village to become a bustling metropolis. Without proper safety equipment, he and his colleagues from a remote county in Hunan province inhaled so much construction dust during Shenzhen's development...

  • Dec 16- EQT Corp's board of directors will ask to meet Toby and Derek Rice for talks, people familiar with the matter said on Sunday, after the two brothers threatened the largest producer of natural gas in the United States with a board challenge. The Rice family sold its company Rice Energy Inc to EQT for $6.7 billion in cash and stock last year.

  • OTTAWA, Dec 16- Canadian Prime Minister Justin Trudeau, speaking in an interview that aired on Sunday, said for the first time that his Liberal government was looking for a way out of a multibillion-dollar arms deal with Saudi Arabia. Political opponents, citing the killing of journalist Jamal Khashoggi and Saudi Arabia's involvement in the Yemen war, insist...

  • RUCHENG COUNTY, China, Dec 16- In the heart of an impoverished village in southern China, a life-sized statue of Mao Zedong sits on a platform adorned with intricate stonework, flanked by a diorama of Red Army soldiers and traditional brick-and-tile homes with curved roofs. Officials have spent a small fortune on the project that has transformed the village of...

  • BEIJING, Dec 15- Growth in China's new home prices slowed in November as markets in smaller cities lost some of their heat, though the sector remained relatively resilient amid a broader slowdown in economic activity. Average new home prices in China's 70 major cities rose 0.9 percent in November from a month earlier, slower than the previous month's 1 percent...