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  • BEIJING, Nov 23- China's imports of liquefied natural gas in October nearly doubled from the same month a year ago to the second highest on record, according to customs data, as companies boosted imports of the fuel ahead of the winter heating season. The surge in demand is luring spot cargoes from places such as Norway and Nigeria that are not traditional LNG...

  • LONDON, Nov 23- European shares tumbled on Thursday, tracking more timid Wall Street trading as volumes thinned out for the Thanksgiving holiday, with British stocks leading losses as energy firm Centrica plummeted after results. Britain's FTSE 100 sank 0.5 percent, weighed down by utilities Centrica and National Grid. Badly-received results from...

  • LONDON, Nov 23- Borrowing costs in the euro area crept up on Thursday ahead of the release of minutes from the European Central Bank's October meeting, at which monthly asset purchases were extended well into 2018 albeit at a reduced pace. "What has materialised this week is how the debate is going to change in the future," said Peter Chatwell, head of euro rates...

  • Nov 23- Hong Kong stocks ended Thursday sharply lower, with the benchmark Hang Seng falling back below the 30,000 point mark after the previous session's breakthrough, as a tumble in mainland stocks soured sentiment. Investors took profit in sectors including financials, IT and consumer goods, as pessimistic mood in China split over the border.

  • PARIS, Nov 23- Telecoms and cable group Altice, which is trying to cut debts of around 50 billion euros, is looking to sell its telecoms network in the Dominican Republic, the Financial Times reported. Altice shares rose 6 percent to 8.02 euros at 0824 GMT following the report on Thursday, although the stock remains down by nearly 60 percent since the start of 2017..

  • BEIJING, Nov 23- China's trade with North Korea fell to $334.9 million in October, its lowest since February as imports sank to their weakest in years, data showed on Thursday, the latest sign that tough new sanctions cut business with its isolated neighbour. The data represents the first whole month since the latest United Nations penalties came into force on...

  • HONG KONG, Nov 23- The short-term debts of HNA Group's main offshore fundraising arm are close to outstripping its ability to meet them, according to figures provided in documents for the acquisitive Chinese conglomerate's most recent bond deal, where the unit paid almost 9 percent for a one-year loan. HNA Group declined to comment. HNA Group's $50 billion worth...

  • WARDHA, India, Nov 23- India is likely to export nearly one-fifth less cotton than previously estimated as pink bollworms are set to eat into the south Asian country's output which was expected to hit a record, industry officials told Reuters on Thursday. Lower exports from the world's biggest producer will help its rivals like the U.S., Brazil and Australia to...

  • *Firm targeting IPO, open to listing in U.S., Hong Kong or China. HONG KONG, Nov 23- Chinese artificial intelligence start-up SenseTime Group, valued at more than $2 billion, is planning an IPO and aims to open a U.S. research and development centre as early as next year, its founder told Reuters. The Hong Kong and Beijing- based deep learning firm founded by Tang Xiaoou, a...

  • *Firm targeting IPO, open to listing in U.S., Hong Kong or China. HONG KONG, Nov 23- Chinese artificial intelligence start-up SenseTime Group, valued at more than $2 billion, is planning an IPO and aims to open a U.S. research and development center as early as next year, its founder told Reuters. The Hong Kong and Beijing- based deep learning firm founded by Tang Xiaoou, a...

  • BEIJING, Nov 23- Some northern Chinese cities failed to improve air quality by much last month, hitting the smog-prone region's overall results in a drive against pollution, the government said as it warned provincial officials to comply with stringent steps to clear the skies. "Some cities did not improve air quality by much or even experienced some volatility,...

  • *Saudi Arabia lobbies for extended OPEC production cuts. *But soaring U.S. output counters OPEC efforts to tighten markets. WTI has been buoyed by the shutdown of the 590,000 barrel-per-day Keystone pipeline, one of the largest crude pipelines from Canada to the United States, as well as by another drawdown in commercial fuel inventories that came despite...

  • BEIJING, Nov 23- Shanghai aluminium prices rose some lingering bearish sentiment on the metal. Aluminium is still down by 8.3 percent in Shanghai so far this month, as Chinese winter smelting restrictions in force from mid-November turned out to be less severe than the market expected. *SHFE ALUMINIUM: The most-traded aluminium contract on the Shanghai Futures...

  • BEIJING, Nov 23- Shanghai aluminum prices rose some lingering bearish sentiment on the metal. Aluminum is still down by 8.3 percent in Shanghai so far this month, as Chinese winter smelting restrictions in force from mid-November turned out to be less severe than the market expected. *SHFE ALUMINIUM: The most-traded aluminum contract on the Shanghai Futures...

  • SHANGHAI, Nov 23- Chinese shares tumbled on Thursday with the blue-chip index suffering its worst fall in nearly 1-1/ 2 years as worries about a selloff in the bond market bled into equities. "The government is stepping up deleveraging, and that would have an impact on liquidity in the stock market as well," said Yang Hai, strategist at Kaiyuan Securities.

  • BEIJING, Nov 23- China's sugar imports climbed 60.6 percent in October from the year before to 170,000 tonnes, customs data showed on Thursday, while corn imports jumped to 70,000 tonnes. The moves pushed down China's sugar imports in the first 10 months this year by 26.3 percent year-on-year to 2 million tonnes, the data showed. Imports of the grain, used to feed...

  • CAIRO, Nov 23- Ibn Sina Pharmaceutical Industry, one of Egypt's largest drug distributors, plans to raise as much as 1.6 billion Egyptian pounds from offering nearly 40 percent of its shares on the bourse in December. The Egyptian Financial Supervisory Authority has approved the company's prospectus with a maximum price cap of 6.66 pounds, an official at sole...

  • BEIJING, Nov 23- China's sugar imports climbed 60.6 percent in October from the year before to 170,000 tonnes, customs data showed on Thursday, while corn imports jumped to 70,000 tonnes. Beijing has slashed permits for out-of-quota sugar imports and imposed extra tariffs on foreign arrivals earlier this year, following years of complaints by local mills.

  • BEIJING, Nov 23- China's trade with North Korea fell in October to $334.9 million, its lowest since February, as imports shrank to their weakest in years, data showed on Thursday, the latest sign that sanctions have crimped business with its isolated neighbour. The world's second-largest economy bought goods worth $90.75 million in October from North Korea, down...

  • BEIJING, Nov 23- China's October imports of liquefied natural gas nearly doubled from the same month a year ago to the second highest monthly rate on record, according to Chinese customs data, as companies boosted imports of the fuel ahead of the winter heating season. LNG imports rose 95.7 percent on a year earlier to 3.57 million tonnes, second only to a record...