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GLOBAL MARKETS-China stocks hit hard, rest of world shrugs

*China shares see biggest weekly drop in more than 3 months. *Wall Street slips in subdued post- Thanksgiving trade. Wall Street was slightly weaker in what will be an abbreviated post- Thanksgiving session, with markets slated to close at 1 p.m. ET.
Source: Reuters | By: David Gaffen
GLOBAL MARKETS-Black Friday for China stocks but metals not so heavy

*China shares see biggest weekly drop in more than 3 months. "Miners are suffering from China and a stronger U.S. dollar outlook. There is clearly a risk that China will try and devalue the currency further, "said Ankit Gheedia, equity and derivative strategist at BNP Paribas.
Source: Reuters | By: Marc Jones
GLOBAL MARKETS-China slump leads Asia shares lower on regulatory crackdown, weak profits

*China shares set for biggest weekly drop in more than 3 months. TOKYO/ SINGAPORE, Nov 27- Chinese shares slumped on Friday, weighing on other Asian stock markets, as a fresh regulatory crackdown and falling industrial profits weighed on market sentiment. European shares were set to follow suit, with financial spreadbetters expecting Britain's FTSE 100 to fall...
Source: Reuters | By: Hideyuki Sano and Nichola Saminather
GLOBAL MARKETS-Asia shares retreat, euro subdued on ECB stimulus bets

TOKYO/ SINGAPORE, Nov 27- Asian shares fell and the dollar held near an 8-1/ 2- month peak on Friday, while the euro hovered around seven-month lows on expectations of additional stimulus from the European Central Bank next week. The broadest index of Asia-Pacific shares outside of Japan slid 0.5 percent, extending losses for the week to 0.7 percent.
Source: Reuters | By: Hideyuki Sano and Nichola Saminather
UPDATE 1-VW's Audi suspends two engineers in emissions probe

*Audi investigating possible engine software manipulations. BERLIN, Nov 26- Volkswagen's luxury flagship Audi has suspended two engineers after its larger diesel engines were found evading emissions limits in the United States, Audi CEO Rupert Stadler said in a newspaper interview published on Thursday. The V6 diesel engine was designed and assembled by...
Source: Reuters
Asia stocks lower amid Thanksgiving trading lull

SEOUL, South Korea- Asian stocks were mostly higher Thursday on expectations for additional European Central Bank stimulus as jitters about tensions between Russia and Turkey faded. KEEPING SCORE: Japan's Nikkei 225 rose 0.5 percent to 19,944.41 and South Korea's Kospi gained 1.1 percent to 2,030.68. But Shanghai's index turned lower while stocks in Taiwan...
Source: The Associated Press | By: By YOUKYUNG LEE, AP Business Writer
Western German steelworkers to get 2.3 pct pay increase

BERLIN, Nov 26- Steelworkers in the western German state of North Rhine-Westphalia will receive a pay rise of 2.3 percent next year, despite tough conditions in the industry, union IG Metall said on Thursday. The steel industry has been severely hit by a global crisis in the sector that is fast rising up the political agenda in Europe, where many steelmakers lay...
Source: Reuters
GLOBAL MARKETS-Stocks up, oil slides as concerns ease over Russia-Turkey tension

"Equity markets are moving higher as the dust settles from the political fallout between Russia and Turkey," said David Madden, market analyst at IG in London. Nevertheless, Russia said on Wednesday it will send an advanced air defence system to reinforce its air base in Syria and consider cancelling a raft of joint business projects with Ankara after one of its...
Source: Reuters | By: Jamie McGeever
GLOBAL MARKETS-Asia stocks stumble on geopolitical tensions, oil stands tall

*Asia stocks mostly weaker in wake of Turkey- Russia incident. TOKYO, Nov 25- Asian stocks were on edge on Wednesday as geopolitical tensions flared after Turkey downed a Russian fighter jet, while crude oil prices extended gains. MSCI's index of Asia-Pacific stocks outside of Japan edged up 0.1 percent but shares in Hong Kong, Australia and South Korea slipped.
Source: Reuters | By: Shinichi Saoshiro
Oil prices rise after Turkey downs Russian plane

Oil prices are up after Turkey downed a Russian plane, spooking investors who are already jittery about a possible OPEC production cut.
Source: CNBC.com | By: Huileng Tan