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Energy, services boost euro zone inflation as expected in Sept

BRUSSELS, Oct 20 (Reuters) - More expensive energy and services boosted euro zone inflation as expected in September, data showed on Wednesday, with core inflation also higher. The European Union's statistics office Eurostat said consumer prices in the 19 countries using the euro rose 0.5% month-on-month in September for a 3.4% year-on-year rise, a

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Gold prices climb, but U.S. bond yields cap gains

* Benchmark 10-year Treasury yields hit five-month peak * Upside in gold capped by tapering expectations - analyst By Arundhati Sarkar Oct 20 (Reuters) - Gold prices rose on Wednesday, buoyed by a softer dollar, although gains were capped by elevated Treasury yields and the looming stimulus tapering by the U.S. Federal Reserve. Spot gold XAU= was u
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Ugandan shilling stable as importer dollar demand slows

KAMPALA, Oct 20 (Reuters) - The Ugandan shilling UGX= traded in the same position on Wednesday as the previous day, amid a slowdown in importer dollar demand. At 0910 GMT commercial banks quoted the shilling at 3,610/3,620, the same as Tuesday's close. UGX Spot Rate..... UGX= Ugandan Shilling Money Guide.... UGX/1 Calculated Cross Rates.......... U

Global oil refiners crank up output as margins recover to pre-COVID levels

* Gasoline, diesel margins rebound globally as COVID-19 curbs ease * Global oil products inventories fall to lowest since 2014 - FGE * Maintenance, high natural gas prices to constrain supply in Q4 * Asia crude runs to reach 29.5 mln bpd in Q4, up 1.4% y/y - FGE * Formosa to process 400,000 bpd in Nov, up 5-8% from Oct By Florence Tan, Roslan Khasa
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European stocks steady as Nestle shines in mixed bag of earnings

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window) * STOXX 600 reverses early losses * Kering slides as Gucci sales lose sparkle * Nestle boosts food & beverage stocks By Anisha Sircar Oct 20 (Reuters) - European shares were flat on Wednesday as strong results from Nestle boosted food compan
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Louis Dreyfus: S&P has upgraded LDC's rating to Bbb/A-2

Oct 20 (Reuters) - Louis Dreyfus Co BV AKIRAU.UL : * S&P HAS UPGRADED LDC'S RATING TO BBB/A-2 Source text for Eikon: ID: Further company coverage: (Paris Newsroom)

Thailand to extend cap on diesel prices to help consumers

BANGKOK, Oct 20 (Reuters) - Thailand will extend its diesel price cap of 30 baht ($0.8987) per litre beyond this month, its deputy prime minister said on Wednesday, as global oil prices put a strain on consumers and an economy struggling from the pandemic. The support will be financed by the country's oil fund and a loan, Deputy Prime Minister Supa

China to curb excessive financing through debt issuance, regulator says

SHANGHAI, Oct 20 (Reuters) - China will curb excessive financing through debt issuance to build high leverages, the Chairman of China's securities regulator, Yi Huiman, said on Wednesday. Yi's remarks were made at the Financial Street Forum in Beijing. He added that China will properly handle default risks in bond market. Reporting by Winni Zhou an

Energy, services boost euro zone inflation as expected in Sept

BRUSSELS, Oct 20 (Reuters) - More expensive energy and services boosted euro zone inflation as expected in September, data showed on Wednesday, with core inflation also higher. The European Union's statistics office Eurostat said consumer prices in the 19 countries using the euro rose 0.5% month-on-month in September for a 3.4% year-on-year rise, a

China to protect legal rights of Evergrande creditors -c.bank head

HONG KONG, Oct 20 (Reuters) - China will fully respect and protect the legal rights of Evergrande Group's 3333.HK creditors and asset owners in line with repayment priorities laid out by the law, the country's central bank head, Yi Gang, said. Yi made the remarks on Sunday at an online meeting of the Group of 30 International Banking Seminar, and t

Sterling stuck below 1-month high after inflation reading

* Graphic: World FX rates in 2020 Link * Graphic: Trade-weighted sterling since Brexit vote Link LONDON, Oct 20 (Reuters) - Sterling laboured below a one-month high on Wednesday as traders said a dip in September inflation was unlikely to stop the Bank of England from raising interest rates soon. Consumer prices rose 3.1% in annual terms in Septemb
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Lawmakers probe timeline of NatWest money laundering investigation

LONDON, Oct 20 (Reuters) - British lawmakers have asked the Financial Conduct Authority why it took five years to prosecute NatWest NWG.L for failing to prevent the laundering of nearly 400 million pounds ($551.28 million), after the lender pled guilty earlier this month. The bank on Oct. 7 admitted three criminal charges of not adequately monitori

Taiwan Sept export orders beat forecast, warns on China curbs

* August export orders +25.7% y/y vs +17% seen in Reuters poll * Ministry sees Oct orders rising between 22.1% and 25% y/y * Ministry warns of uncertainty from China energy curbs TAIPEI, Oct 20 (Reuters) - Taiwan's export orders set a record in September, growing faster than expected on demand for new smartphones and chips and ahead of the year-end

Ukraine, traders agree 2021/22 wheat export cap at 25.3 mln tonnes

KYIV, Oct 20 (Reuters) - Ukraine's agriculture ministry and its biggest grain traders have agreed to increase wheat export quota to 25.3 million tonnes for 2021/22 season from 17.5 million in 2020/21 due to an expected record grain harvest this year, the ministry said late on Tuesday. Favourable weather could help Ukraine to harvest about 80.3 mill

UBS warned Santander it would apply compensation rules to Orcel if he left

MADRID, Oct 20 (Reuters) - Axel Weber, the chairman of UBS UBSG.S , warned his Santander SAN.MC counterpart Ana Botin in September 2018 the Swiss bank would apply compensation rules to Andrea Orcel in case he quit, the Swiss banker told a Spanish court on Wednesday. The Swiss bank strips any employee leaving voluntarily to join another financial co
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HK stocks hit near 6-week high on tech boost

Oct 20 (Reuters) - Hong Kong stocks hit a near six-week high on Wednesday, driven by a sustained rebound in technology giants. The Hang Seng index .HSI rose 1.4%, to 26,136.02, while the China Enterprises Index .HSCE gained 1.5%, to 9,276.69 points. ** The Hang Seng Tech Index .HSTECH jumped 2.7%, having bounced nearly 14% from a record closing low

Yen hits four-year low versus dollar as risk appetite improves

* Yen hits four-year low vs dollar overnight * Aussie and Kiwi gain vs dollar * Graphic: World FX rates Link LONDON, Oct 20 (Reuters) - The dollar steadied in early European trading on Wednesday, after an improvement in global risk appetite saw riskier currencies gain and the yen hit a four-year low against the dollar overnight. European stock inde
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Forint sinks to six-month low as cenbank rate hike disappoints markets

By Anita Komuves BUDAPEST, Oct 20 (Reuters) - The Hungarian forint extended its losses and fell to a six-month-low on Wednesday as market participants, disappointed by the central bank's 15-basis-point rate hike on Tuesday, closed their positions. The forint EURHUF= slid 0.12% to 363.05 per euro, its weakest in the past half-year, giving up all of
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Rouble eases from 15-month peak, 19 measures in focus

MOSCOW, Oct 20 (Reuters) - The Russian rouble weakened past 71 versus the dollar on Wednesday, losing ground amid lower oil prices, as the market awaited authorities' decision on new restrictions to prevent the spread of COVID-19. At 0742 GMT, the rouble was 0.3% weaker against the dollar at 71.05 RUBUTSTN=MCX , heading away from its strongest leve
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UK house prices rise 10.6% in year to August - ONS

LONDON, Oct 20 (Reuters) - British house prices in August were 10.6% higher than a year earlier, up from an 8.5% annual increase in July when there was a lull in sales as a property tax break began to be phased out, official figures showed on Wednesday. House prices recorded growth of 12.8% in June, the highest since before the 2007-08 financial cr

Japan's 10-year bond yields hit 6-month high, track U.S. counterparts

TOKYO, Oct 20 (Reuters) - Japan's benchmark 10-year bond yields hit 6-month highs on Wednesday, tracking U.S. Treasury yields higher, as global stock markets gained on rising optimism about corporate earnings. U.S. stock indexes closed higher on Tuesday with the biggest boosts from the technology and healthcare sectors as investors appeared to bet



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