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  • *China's blue-chip index loses 0.7 pct, Hong Kong down a tad. European and U.S. equity markets were expected to follow Asia's lead, spreadbetters showed, with London's FTSE futures up 0.3 percent and E-minis for the S&P 500 tacking on one-third of a percent. MSCI's broadest index of Asia-Pacific shares outside Japan rebounded 0.2 percent after losing 1.4 percent...

  • *Banks to take just over 50 percent stake in Jet Airways. NEW DELHI/ MUMBAI, March 26- Jet Airways Chairman Naresh Goyal will step down from the board of the Indian carrier he founded 25 years ago and its lenders will seize control, the company said, as part of a deal led by state-run banks to save the airline from bankruptcy. Goyal's departure, however, could reignite...

  • March 26- Purdue Pharma LP has agreed to settle a lawsuit by the state of Oklahoma accusing the OxyContin painkiller maker of helping fuel an opioid abuse epidemic, a person familiar with the matter said. Hunter's 2017 lawsuit accuses Purdue, Johnson& Johnson& Teva Pharmaceutical Industries Ltd of engaging in deceptive marketing that downplayed the risks of...

  • HOUSTON, March 26- Saudi Aramco's delayed initial public offering is sidelining grand North American expansion plans at its U.S. refining subsidiary Motiva Enterprises LLC, people familiar with the matter said, at a time when its rivals grew their market share. After dissolving a partnership with Royal Dutch Shell PLC two years ago, Motiva set out to rebuild and...

  • SHANGHAI, March 26- Chinese shares fell on Tuesday, extending the previous day's sharp losses, as investor sentiment remained fragile amid fears of a U.S. recession while concerns over a protracted U.S.- China trade war also weighed. **China's blue-chip CSI300 index was down 0.59 percent, with its financial sector sub-index easing 0.52 percent and the...

  • Spot gold was down 0.2 percent at $1,319.86 per ounce as of 0426 GMT, after touching its highest since Feb. 28 at $1,324.33 in the previous session. U.S. gold futures were down 0.2 percent at $1,319.80 an ounce. "Though concerns have gone up, we are not hundred percent sure there is going to be a recession as the yield curve inversion should be there for a whole quarter...

  • BEIJING/ MELBOURNE, March 26- London copper prices drifted in Asian trade on Monday as fears of a recession in the United States were offset by a supply disruption at a key copper mine in Peru. The most traded May copper contract on the Shanghai Futures Exchange slipped 0.3 percent to 48,250 yuan a tonne. *PERU: Chinese copper miner MMG will declare force majeure...

  • NUR-SULTAN, March 26- Kazakhstan's central bank will aim to keep its policy rate at 3.0 percent to 3.5 percent above inflation, central bank Chairman Yerbolat Dosayev said on Tuesday.

  • *Winters says U.S.- China trade tensions are "receding a bit". "China has taken modest actions to re-stimulate the economy," Winters said at the Credit Suisse Asian Investment Conference in Hong Kong on Tuesday. China has hit back with tariffs on about $110 billion worth of U.S. goods, including soybeans and other commodities.

  • *Snow in Dakota threatens to cause planting delays. SYDNEY, March 26- U.S. wheat futures rose more than 0.5 percent on Tuesday to hit a one-month high as adverse weather in a major producing region stoked fears about potential planting delays. The most active wheat futures on the Chicago Board Of Trade were up 0.6 percent at $4.72-1/ 2 a bushel by 0254 GMT, just off the...

  • China is committed to providing foreign investors and companies with a more open and transparent business environment, along with guarantees of intellectual property rights protection and no forced technology transfers, Li told the executives the sidelines of the China Development Forum. The premier also answered questions on U.S.- China trade...

  • TOKYO, March 26- Japan's Nikkei bounced from five-week lows on Tuesday morning as cyclical stocks rose on short-covering following a sell-off the previous day driven by fears of a sharp global economic slowdown. Analysts said that risk aversion eased somewhat after a slide in Wall Street had paused overnight, but concerns about a U.S. recession lingered.

  • HONG KONG, March 26- Standard Chartered PLC Chief Executive Bill Winters said on Tuesday fears over a growth slowdown in China's economy and the impact of the U.S.- China trade tensions are "receding a bit". Winters was speaking at the Credit Suisse Asian Investment Conference in Hong Kong. The trade dispute, which began some eight months ago, has affected the flow...

  • *Co cites slowing demand for chips, display panels. SEOUL, March 26- Samsung Electronics Co Ltd said on Tuesday first-quarter profit would likely miss market expectations due to falls in chip prices and slowing demand for display panels, in an unprecedented statement ahead of its earnings guidance. The firm was forecast to post a 7.2 trillion won operating...

  • SEC, Says Musk Is Not Seeking An Evidentiary Hearing@. *LAW FIRM HUESTON HENNIGAN, WHICH REPRESENTS ELON MUSK IN CASE BROUGHT BY U.S. SEC, SAYS MUSK IS NOT SEEKING AN EVIDENTIARY HEARING- COURT FILING Further company coverage:.

  • *Spot gold was unchanged at $1,321.74 per ounce as of 0123 GMT, after touching its highest since Feb. 28 at $1,324.33 in the previous session. *Germany's benchmark 10- year bond yield slid back into negative territory on Monday as worries over Brexit saw investors rushing for safe haven assets, tempering the impact of a surprise rise in business sentiment which...

  • TOKYO, March 26- Asian shares were shaky on Tuesday after U.S. MSCI's broadest index of Asia-Pacific shares outside Japan was flat in early trade after two days of losses. Japan's Nikkei rebounded 1.1 percent after a 3.0 percent fall on Monday.

  • *OPEC, Russia crude output: https://tmsnrt.rs/2CHr95d. SINGAPORE, March 26- Oil prices firmed on Tuesday, pushed up by ongoing supply cuts led by producer club OPEC and by U.S. sanctions on Iran and Venezuela, but analysts warned that signs of a sharp economic slowdown could soon drag on crude markets. Prices have also been driven up by U.S. sanctions on oil exporters...

  • SYDNEY, March 26- U.S. wheat futures rose on Tuesday to hit a one-month high as adverse weather across a major North American producing region stoked fears about potential planting delays. *The most active wheat futures on the Chicago Board Of Trade were up 0.5 percent at $4.71-3/ 4 a bushel by 0031 GMT, just off the session high of $4.74-1/ 2 a bushel- the highest since...