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  • TOKYO, Oct 23- Japan's Nikkei share average made 21- year highs on Monday and was on course to rise for a record fifteenth straight session, lifted by a weaker yen after Japanese Prime Minister Shinzo Abe's coalition scored a resounding election victory on Sunday. "It would be particularly positive if this very strong political position that Abe has...

  • KUALA LUMPUR, Malaysia— Rescue workers have located two more bodies buried by a landslide in a construction site in northern Malaysia, bringing the death toll to 11.. A hillside crashed down early Saturday at the site where two 49- story condominiums are being built in northern Penang state, a popular tourist destination. The other victims were from China,...

  • SYDNEY, Oct 23- Australia and New Zealand Banking Group Ltd has reached a last-minute agreement to settle a case brought by the country's securities regulator accusing it of manipulating the bank bill swap rate. Australia's third-largest lender, which had previously said it would defend itself against the allegations, did not give a reason for its decision to...

  • TOKYO— Asian stocks were mostly higher Monday, with Japan's benchmark rising on the back of an election victory by the prime minister's ruling party, which had promised stability and growth. KEEPING SCORE: Japan's benchmark Nikkei 225 gained 1 percent in morning trading to 21,674.41. The Russell 2000 index of smaller-company stocks picked up 7.20 points, or 0.5...

  • *Soybeans hit lowest since Oct. 12 as U.S. harvest gathers pace. SINGAPORE, Oct 23- Chicago soybeans were little changed on Monday after dropping to their lowest in more than a week earlier in the session as advancing U.S. harvest and forecasts of more rains in Brazil weighed on prices. The Chicago Board of Trade most-active soybean contract was unmoved at $9.78-3/ 4 a...

  • *World Bank: Indonesia needs to spend $1.5 trln to match rivals. JAKARTA, Oct 20- Soon after Indonesian President Joko Widodo took office in 2014, he ordered his ministers to give private companies first pick of profitable infrastructure projects, until then usually grabbed by state-owned enterprises. Finance Minister Sri Mulyani Indrawati told a World Bank...

  • BEIJING, Oct 23- Growth in new home prices in China slowed to a crawl in September after rising for 2-1/ 2 years, reinforcing views that a long property boom is nearing its peak as government cooling measures start to bite. Average new home prices in China's 70 major cities rose 0.2 percent in September from the previous month, the same as the increase in August,...

  • MELBOURNE, Oct 23- London copper climbed on Monday alongside other metals, after Chinese authorities reaffirmed that the country's economy was on track to achieve the official target of 6.5 percent growth this year. LME copper prices reached $7,177 a tonne last week, the highest in three years, as manufacturing brightens in Asia, Europe and the United States.

  • BOSTON, Oct 22- Less than a year into her tenure as chairman of Fidelity Investments, Abigail Johnson faces a crisis amid allegations that the mutual fund giant has a men's club mentality. Johnson is addressing inappropriate workplace conduct such as sexual harassment by hiring a consulting firm to review employee behavior stretching back years, the Wall...

  • BEIJING, Oct 23- Following is a breakdown of average new home price changes in major Chinese cities in September, announced by the National Bureau of Statistics on Monday. Home price figures published since January 2011 are not comparable with previous periods as the bureau introduced a new calculation method. The nationwide index is a weighted average...

  • *Flags loss of $1.1 bln to $1.25 bln for Q3. SINGAPORE, Oct 23- Struggling commodities trader Noble Group agreed to sell its Americas- focused oil liquids business to Vitol for about $580 million as part of a debt-cutting strategy, and warned of a big loss for its third quarter. In a statement on Monday, Noble also warned of a total net loss of $1.1 billion to $1.25...

  • *The most active corn futures on the Chicago Board Of Trade were up 0.2 percent at $3.45-1/ 4 a bushel, as of 0127 GMT, after earlier hitting $3.44-1/ 4 a bushel, their lowest since Oct. 12. *The most active soybean futures were little changed at $9.79 a bushel, near the session low of $9.76 a bushel- their lowest since Oct. 12. *The U.S. Department of Agriculture said private...

  • *Iraq supplies cut amid fighting between govt. forces, Kurds. SINGAPORE, Oct 23- Oil prices rose on Monday over supply concerns in the Middle East and as the U.S. market showed further signs of tightening while demand in Asia keeps rising. "Oil prices are holding comfortably above $50 as possible supply disruptions in the Kurdish region of Iraq support prices," said...

  • SHANGHAI, Oct 23- China's central bank lowered its official yuan midpoint to the lowest level in nearly two weeks to 6.6205 per dollar on Monday, reflecting spot yuan performance last Friday and dollar movement in global markets. Monday's official fixing was 113 pips or 0.17 percent softer than the previous fix of 6.6092 per dollar on Friday.

  • LONDON, Oct 20- U.S. natural gas stocks continue to tighten, but most traders appear unconcerned, with futures prices for gas delivered this winter close to the lowest levels since the start of the year. Working gas stocks in underground storage were 35 billion cubic feet below the five-year average at 3,646 bcf on Oct. 13, according to data from the U.S. Energy...

  • LONDON, Oct 20 (Reuters)- So what's become of the United States' national security investigation into steel imports? Delays may be to fine-tune any sanctions to minimise collateral damage to "friendly" trading partners while focusing on China. The 25 million tonne drop year on year is equivalent to closing every steel mill in Italy, Europe's second-largest...

  • Oct 23- Gold prices hit their lowest in over two weeks early on Monday, as the dollar climbed to a more than three-month high versus the yen after Japan's ruling bloc scored a big win in Sunday's election. *Spot gold was down 0.4 percent at $1,275.48 an ounce by 0037 GMT, after earlier dropping to its lowest since Oct. 6 at $1,273.80. *Japan's yen hit over three-month lows...

  • SINGAPORE, Oct 23- Oil prices rose on Monday over supply concerns in the Middle East and as the U.S. market showed further signs of tightening while demand in Asia keeps rising. "Oil prices are holding comfortably above $50 as possible supply disruptions in the Kurdish region of Iraq support prices," said William O'Loughlin, investment analyst at Rivkin...

  • SINGAPORE/ FRANKFURT, Oct 23- Financial trading of thermal coal has virtually ceased in Asia as a result of the woes at one major trading house and the growing dominance of another, despite the region being by far the world's biggest consumer of the fuel. Asia gobbles up some 70 percent of all coal used for power generation, and the unprecedented demise of its...

  • Oct 23- Saudi Arabia's central bank has joined an international standard-setting body for Islamic finance, a move that could help standardise industry practices and ease cross-border transactions in the Kingdom. The Bahrain- based Accounting and Auditing Organization for Islamic Financial Institutions said in a statement late on Sunday it had admitted...