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  • LONDON, Oct 22- Sterling firmed modestly versus the dollar on Monday, benefiting from the greenback's retreat and signs a Brexit deal was almost done, though the prickly Irish border issue and disagreements within the UK ruling party capped gains. But she will maintain opposition to the European Union's proposal for the land border with Northern Ireland.

  • The IHS Markit Household Finance Index, watched by the Bank of England as a gauge of consumers' financial health, cooled to a three-month low of 45.1 from 45.7 in September, though the reading is still one of the highest since the survey's 2009 launch. "UK households cast their most downbeat assessment of current finances in three months in October as weaker...

  • *Spot gold may hover below $1,235/ oz- technicals. On Oct. 15, the bullion touched its highest since July 26 at $1,233.26. One is global economic slowdown, another is geopolitical uncertainties, "said Argonaut Securities analyst Helen Lau.

  • SHANGHAI, Oct 22- China's benchark blue-chip index surged over 4 percent on Monday, posting its best daily performance in almost three years, as investors piled into the battered market after coordinated statements of support by senior regulators. The market was also encouraged by news that China is preparing to overhaul its income tax law for individuals,...

  • TOKYO, Oct 22- Japan's government on Monday told U.S. technology firm Facebook Inc to better protect its users' personal data following lapses this year affecting tens of millions of people globally. Japan's Personal Information Protection Commission, which investigated the Cambridge Analytica incident with authorities in Britain and elsewhere, issued a...

  • ROME, Oct 22- The Italian government is ready to sit and discuss its budget targets with European Union authorities, Deputy Prime Minister Luigi Di Maio said on Monday, restating that the populist coalition had no plan to leave the euro. Italy has come under fire in Brussels with a plan to lift the budget deficit to 2.4 percent of economic output next year from 1.8...

  • *Sanctions against Iran oil exports to start Nov. 4. *Other producers will struggle to replace Iran shortfall- IEA. The U.S. sanctions on the oil sector in Iran, the third-largest producer in the Organization of the Petroleum Exporting Countries, are set to start on Nov. 4.

  • VIENNA, Oct 22- The European Commission must reject Italy's draft budget unless changes are made to it, Chancellor Sebastian Kurz of Austria, which holds the European Union's rotating presidency, said on Monday. The Commission has condemned as an unprecedented breach of EU fiscal rules Italy's 2019 budget plan, which aims to lift the deficit to 2.4 percent of...

  • *China expects at least 1.3 trln yuan of tax reductions this year. BEIJING, Oct 22- China's tax cuts next year could exceed the equivalent of 1 percent of gross domestic product, a central bank adviser said in remarks published on Monday, in a sign policymakers might be considering another round of tax reductions. Beijing has pledged a more proactive fiscal policy...

  • NAGOYA, Japan, Oct 22- LNG Canada challenged competing U.S. liquefied natural gas projects on Monday, saying many could end up "dead in the water" as long as China keeps its tariff on U.S. imports of the fuel as part of the trade war between the countries. China in September announced a 10 percent tariff on U.S. LNG exports remain competitive despite the 10 percent...

  • *Cannot guarantee prices won't rise, due to Iran sanctions. LONDON, Oct 22- Saudi Arabia has no intention of unleashing a 1973- style oil embargo on Western consumers and will isolate oil from politics, the Saudi energy minister said on Monday amid a worsening crisis over the killing of Saudi journalist Jamal Khashoggi. Several U.S. lawmakers have suggested...

  • *Saudi Arabia, Italy, Brexit keep geopolitics in focus. SYDNEY, Oct 22- Asian share markets swung into the black on Monday as the promise of more stimulus boosted Chinese stocks for a second session and helped offset geopolitical concerns over Saudi Arabia, Italy and Brexit. Blue chips in Shanghai jumped 4.8 percent in the largest daily gain in three years, adding to...

  • TOKYO, Oct 22- Japanese government bond prices dipped slightly on Monday on caution that the Bank of Japan could float changes to allow bigger moves in the market at its meeting with market players the following day. The meeting will take place amid rising view that the central bank might be thinking of tweaking its market operations to make the bond market more...

  • NEW YORK, Oct 22- U.S. refiners are expected to post strong earnings for the third quarter, with Midwest producers leading the way thanks to cheaper prices for Canadian crude that pushed down input costs. Because of transportation constraints, Canada's oil has a steeper discount than U.S. crude, and analysts believe this should benefit refiners situated in the...

  • SHANGHAI, Oct 22- Share markets in China surged on Monday morning in the wake of coordinated statements of support for plunging equity markets by senior regulators, and as China prepares to overhaul its income tax law for individuals. On Friday, Chinese Vice Premier Liu He, who oversees the economy and financial sector, joined the heads of the China Securities...

  • LAUNCESTON, Australia, Oct 22- With China's anti-pollution restrictions starting to take effect, one of the conventional market wisdoms is that this will boost demand for high-grade iron ore. This time around Beijing has allowed local authorities to set their own anti-smog measures, changing from last winter's policy of imposing blanket cuts on certain...

  • *Spot gold may hover below $1,235/ oz- technicals. On Oct. 15, the bullion touched its highest since July 26 at $1,233.26. At the same time, there is a risk-off sentiment, "said Argonaut Securities analyst Helen Lau.

  • SINGAPORE, Oct 22- The euro and the British pound managed to hold steady against the dollar on Monday as investors cautiously awaited developments around Brexit as well as Italy's budget plan which drew heavy criticism from the European Union. Tensions with Saudi Arabia and the West, trade frictions and uncertainly about the global growth outlook kept most...

  • *Sanctions against Iran oil exports to start Nov. 4. *Other producers will struggle to replace Iran shortfall- IEA. The U.S. sanctions on the oil sector in Iran, the third-largest producer in the Organization of the Petroleum Exporting Countries, are set to start on Nov. 4.

  • BEIJING, Oct 22- China's tax cuts next year could exceed the equivalent of 1 percent of gross domestic product, a central bank adviser said in remarks published on Monday, in a sign policymakers might be considering another round of tax reductions. Beijing has pledged a more proactive fiscal policy to shore up the world's second-largest economy, which is...