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  • SHAHJAHANPUR, India, Oct 15- Hours after a mechanised harvester chugged through the rice paddy, flames and a thick plume of black smoke rose into the twilight sky in India's northern Haryana state as farmers burned the residue to prepare for the next season's planting. Late last year, Delhi and a large part of northern India were covered in a dangerous toxic smog...

  • BEIJING, Oct 16- Off-balance-sheet borrowings by Chinese local governments could be as high as 30 trillon to 40 trillion yuan, S&P Global Ratings said in a report. Local government financing vehicles have accumulated much of such hidden debt, and while firm plans are needed to reduce these debts, progress has been limited so far, S&P said. "That's a debt iceberg with...

  • *Q3 GDP, Sept activity data due Oct 19 at 0200 GMT. BEIJING, Oct 16- At week's end, global investors and policy makers will likely be given a stark reminder of the costs of a bitter Sino-U.S. trade war, with a Reuters poll predicting that China's third-quarter growth will slow to its weakest pace since the global financial crisis. President Donald Trump's campaign to...

  • *Spot gold may fall into $1,208- $1,217/ oz range- technicals. Spot gold was little-changed at $1,226.11 an ounce at 0353 GMT. Gold touched $1,233.26 on Monday, its highest since July 26, as global stocks slid on rising tensions between Western powers and Saudi Arabia and concerns over the pace of global economic growth.

  • SINGAPORE, Oct 16- The U.S. dollar edged up on Tuesday after it was dented by weak U.S. retail sales data overnight, while New Zealand's currency gained on the back of stronger than expected inflation data. The benchmark U.S. 10 year yields consolidated at 3.16 percent on Tuesday, having hit a seven-year high of 3.26 percent on Oct. 9. "Even when U.S. equities were...

  • TOKYO, Oct 16- The World Steel Association on Tuesday doubled its 2018 and 2019 forecasts for growth in global demand for the material used in everything from cars to construction, but said that trade tensions were clouding the outlook for the sector. The caution over trade from a body that represents 85 percent of global steel will stoke concerns that the...

  • NEW YORK, Oct 16- OnDeck Capital Inc has set up a subsidiary that will provide technology and other services to banks looking to lend to small businesses online, it said on Tuesday. "We felt that given the robust demand we are seeing by the largest banks, it is not a question of if they are moving into online lending, but of when," Noah Breslow, chief executive of OnDeck, said...

  • TOKYO, Oct 16- The World Steel Association on Tuesday doubled its 2018 and 2019 forecasts for growth in global demand for the material used in everything from cars to construction, but said that trade tensions were clouding the outlook for the sector. The caution over trade from a body that represents 85 percent of global steel will stoke concerns that the...

  • TOKYO, Oct 16- Asian stocks rose modestly on Tuesday, gaining a firmer footing after a week of heavy losses, although increasing tensions between Saudi Arabia and the West have fanned geopolitical concerns and capped gains. MSCI's broadest index of Asia-Pacific shares outside Japan nudged up 0.25 percent, crawling away from a 19- month trough touched on...

  • BEIJING, Oct 16- U.S. carmaker Ford Motor Co unveiled a new China sport utility vehicle on Tuesday, and said its plan to release a spate of new models will help turn around tumbling sales in the world's top auto market from the start of next year. Ford, fighting to recover from a severe sales slump in China, will start selling the entry-level SUV, called the "Territory",...

  • BEIJING, Oct 16- China's factory-gate inflation cooled for a third straight month in September amid ebbing domestic demand, pointing to more pressure on the world's second biggest economy as it remains locked in an intensifying trade war with the United States. Indeed, economic activity has been slackening in the past few months, prompting the People's Bank of...

  • *Retail faces double whammy of tax hike and weak China demand. TOKYO, Oct 16- Japan's Nikkei rebounded on Tuesday morning supported by short covering in index heavyweights, but Apple suppliers fell on worries about slowing demand from China. Treasury secretary called for a clause to deter currency manipulation in U.S. foreign trade pacts with countries...

  • MEXICO CITY, Oct 15- The United States is seeking to impose quotas on Mexican steel exports as part of a negotiation to remove metals tariffs, the chief trade negotiator of Mexico's incoming government said on Monday, adding the issue needed to be resolved within weeks. President Donald Trump imposed the tariffs on Canada and Mexico in June, citing national...

  • Oct 16- London copper prices fell 1 percent on Tuesday as a trade war between the United States and the world's top industrial metals consumer China weighed on the market. *Three-month copper on the London Metal Exchange slid 1 percent to a $6,237 tonne by 0220 GMT and the most-traded copper contract on the Shanghai Futures Exchange dropped 0.6 percent to 50,460...

  • Oct 16- Chicago soybean prices edged down on Tuesday, taking a breather after three sessions of gains as rains in parts of the U.S. *The Chicago Board of Trade's most-active soybean contract had fallen 0.4 percent to $8.88-1/ 4 a bushel by 0148 GMT, after climbing 4.6 percent in the last three sessions. *Wheat gained 0.1 percent to $5.25-1/ 4 a bushel, while corn lost 0.4...

  • LONDON, Oct 16- There is still a one-in-four chance Britain and the European Union part ways in less than six months without reaching a deal, according to a Reuters poll taken as EU leaders prepare to meet in Brussels later this week. Both sides want to finalise talks by mid-November to give parliaments in London and Brussels time to approve a deal before Britain...

  • BEIJING, Oct 16- Following is a breakdown of China's producer price index for September, published by the National Bureau of Statistics on Tuesday.:. Sep Aug Jul Jun May Apr Mar Feb Jan Dec Nov Oct Sep Overall 3.6 4.1 4.6 4.7 4.1 3.4 3.1 3.7 4.3 4.9 5.8 6.9 6.9. production 4.6 5.2 6.0 6.1 5.4 4.5 4.1 4.8 5.7 6.4 7.5 9.0 9.1 Extraction 11.7 12.1 13.4 11.5 8.1 6.1 5.0 6.4 6.8 9.1.

  • BEIJING, Oct 16- Following is a breakdown of China's consumer price index for September, published by the National Bureau of Statistics on Tuesday.:. Sep Aug Jul Jun May Apr Mar Feb Jan Dec Nov Oct Sep Overall 2.5 2.3 2.1 1.9 1.8 1.8 2.1 2.9 1.5 1.8 1.7 1.9 1.6 Urban 2.4 2.3 2.1 1.8 1.8 1.8 2.1 3.0 1.5 1.9 1.8 1.9 1.7 Rural 2.5 2.3 2.0 1.9 1.7 1.7 1.9 2.7 1.5 1.7 1.5 1.7 1.4 Food...

  • *Asian stocks bounced modestly on Tuesday, gaining a toe-hold after a week of heavy losses, although increasing tensions between Saudi Arabia and the West fanned geopolitical concerns and capped gains. *Saudi Arabia is preparing to acknowledge the death of Saudi journalist Jamal Khashoggi in a botched interrogation, CNN and the New York Times said on Monday,...

  • CHINA SEPTEMBER PPI +3.6 PCT FROM A YEAR AGO.