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  • BRUSSELS, Sept 24- The European Commission wants more social protection and rights for casual workers, such as those in the "gig economy," and others with non-standard contracts to try to tackle growing social inequality. The Commission's consultation document on these plans, seen by Reuters, is part of a broader reworking of the EU's economic priorities, after...

  • PARIS, Sept 25- French Prime Minister Edouard Philippe is to announce on Monday plans to invest 56.3 billion euros over five years, the government's spokesman said. "It will be 56.3 billion euros, it's more than what President Emmanuel Macron committed to over his five-year term," government spokesman Christophe Castaner said on BFM TV. Philippe is due to outline...

  • PARIS, Sept 25- The head of the Bank of France said on Monday that the country's economic growth could reach 1.7 percent for 2017, up from its previous estimate for growth of 1.4 percent. Bank of France governor Francois Villeroy de Galhau made the forecast in an interview published on Monday in regional newspaper Midi Libre, in which he highlighted the...

  • TOKYO, Sept 25- Japan Post Holdings Co set the price for its follow-up share sale at 1,322 yen per share, a regulatory filing showed on Monday. The price is a 2 percent discount to Monday's closing price of 1,349 yen and compares with the company's 2015 IPO price of 1,400 yen. Japan's government earlier this month launched a process to sell part of its stake in the...

  • SHANGHAI, Sept 25- China stocks fell on Monday, as developers slumped after a new round of government curbs to rein in the heated housing market. A number of provincial capitals across China have rolled out new measures to further slow home property sales, and bear down on lingering speculators that could destabilise markets ahead of a key Communist Party...

  • TOKYO, Sept 25- Oil prices came under pressure from a strong dollar, but kept most of their gains from the previous session as major producers meeting in Vienna said the market was well on its way towards rebalancing. The Organization of the Petroleum Exporting Countries, Russia and several other producers have cut production by about 1.8 million barrels per day...

  • SINGAPORE, Sept 25- Iran expects to maintain overall crude and condensate exports at around 2.6 million barrels per day for the rest of 2017, after it sold out of oil held in storage and as growing domestic appetite reins in shipments abroad, a senior official in the nation's state oil company said on Monday. Shipments of condensate will be dented by a "technical...

  • Sydney, Sept 25- Australia's prudential regulator should be given powers as soon as October to cap bank executives' salaries, delay their bonuses and drive them out of the industry if they were guilty of wrongdoing, Treasurer Scott Morrison said on Monday. "I know the banks don't want many of the elements of this legislation but I'm not about to give them three...

  • TOKYO, Sept 25- Japan's Nikkei share average rose on Monday as a weaker yen lifted exporters, while expectations of economic stimulus measures after an election next month supported overall sentiment. As the end of Japan's fiscal first half looms on Sept. 30 for a majority of listed companies, the market was also underpinned by investors buying up stocks before...

  • MELBOURNE, Sept 25- London zinc and nickel rose on Monday, rebounding from declines in the previous session, but price gains were limited as investors remained cautious on the outlook for the economy in China, the world's top metal consumer, and for the U.S. dollar. Investors had been encouraged to cash-in profits in a recently rising metals market after China's...

  • TOKYO, Sept 25- Oil prices came under pressure from a strong dollar, but kept most of their gains from the previous session as major producers meeting in Vienna said the market was well on its way towards rebalancing. The Organization of the Petroleum Exporting Countries, Russia and several other producers have cut production by about 1.8 million barrels per day...

  • *Tokyo Governor Koike launches new "Party of Hope". TOKYO, Sept 25- Japanese Prime Minister Shinzo Abe was expected on Monday to announce a snap election for next month to take advantage of improved ratings and opposition disarray, despite criticism that he is creating a political vacuum amid worries over North Korea. A weekend survey by the Nikkei business daily...

  • TOKYO, Sept 25- Benchmark Japanese government bonds were steady on Monday, with the market having a muted reaction to the possibility of additional stimulus steps after Prime Minister Shinzo Abe's expected announcement of a snap election. He ordered his cabinet on Monday to compile new economic stimulus measures in a package worth around 2 trillion yen by the...

  • OSLO, Sept 25- Norwegian metals maker Norsk Hydro has warned customers of a shortfall in supplies of bauxite from Brazil, the raw material from which aluminum is made, it said on Monday. The Mineracao Rio do Norte bauxite mine, where Hydro has five percent ownership and takes a total of 45 percent of the material, is experiencing problems with its tailing systems due...

  • TOKYO, Sept 25- Japanese Prime Minister Shinzo Abe on Monday ordered his cabinet to compile new economic stimulus measures in a package worth around 2 trillion yen by the end of the year. Speaking at a meeting with his top advisory panel, Abe said the package should focus on subsidising education, child-care costs, and on boosting corporate investments to improve...

  • BEIJING, Sept 25- In his baseball cap and baggy yellow t-shirt, the rap star Li Yijie- better known by his stage name "Pissy"- is an unlikely face of China's strait-laced ruling Communist Party. His group, Tianfu Shibian, has won fans and the support of the party's youth league with songs like "Force of Red" and "This is China" that chime with President Xi Jinping's...

  • ZURICH, Sept 25- Power grids maker ABB is buying General Electric's Industrial Solutions business for $2.6 billion on a bet that it can improve lacklustre margins at the unit over the next five years, the Swiss engineering company said on Monday. Zurich- based ABB sees potential for cost synergies of $200 million annually after five years with the deal, which...

  • HONG KONG, Sept 25- Oaktree Capital Group LLC sees opportunities to invest "more aggressively" in Chinese and Indian distressed debt as the legal and regulatory systems of the countries develop, Chief Executive Jay Wintrob said on Monday. The company has invested in Chinese non-performing loans, Japanese equities as well as Australian private equity and...

  • OSLO, Sept 25- Norwegian metals maker Norsk Hydro has warned customers of a shortfall in supplies of bauxite from Brazil, the raw material from which aluminum is made, it said on Monday. The Mineracao Rio do Norte bauxite mine, where Hydro has five percent ownership and takes almost half the material, is experiencing problems with its tailing systems due to a water...

  • CANBERRA, Australia— Australia announced on Monday it would create its own space agency to increase its share of the $330 billion space economy. "The global space industry is growing rapidly and it's crucial that Australia is part of this growth," Cash said in a statement. Labor said Australia and Iceland were the only countries in the 35- member Organization for...