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As oil slumps, BOJ's inflation goal relies on yogurt

Desperate to convince consumers that inflation really is picking up, the Bank of Japan is taking advantage of a gradual rise in food prices, from yogurt and ketchup to "gyudon" beef rice bowls - once a symbol of Japanese deflation.
Source: Reuters
China stocks fall as Beijing renews support, Hong Kong up

*China Eastern Airlines falls after Delta agrees to buy stake. HONG KONG, July 28- China stocks were lower by midday on Tuesday, in volatile conditions, even as Beijing pledged to lend further support after stocks sank 8 percent in the previous session, raising concerns about stability in the world's second-biggest economy. They prefer to stay away from the market...
Source: Reuters
Asian shares turn mixed as Shanghai Comp trims losses

Asian stocks mostly narrowed their declines near mid-day, taking their cues from the mainland.
Source: CNBC.com | By: See Kit Tang
As oil slumps, BOJ relies on yogurt, ketchup to hit price goal

TOKYO, July 28- Desperate to convince consumers that inflation really is picking up, the Bank of Japan is taking advantage of a gradual rise in food prices, from yogurt and ketchup to "gyudon" beef rice bowls- once a symbol of Japanese deflation. Now it's doing just that, "said Hideo Kumano, a former BOJ official and currently chief economist at Dai-ichi Life Research...
Source: Reuters | By: Leika Kihara
Taiwan stocks rise after bruising loss due to China falls

TAIPEI, July 28- Taiwan stocks rose on Tuesday, recovering somewhat from a steep fall in the previous session spurred by huge losses in Chinese markets. Optoelectronics also saw significant gains, rising 3.38 percent and led by world's No.4 flat-panel maker AU Optronics Corp, up 4.57 percent. The Taiwan dollar firmed T $0.063 to T $31.497 per U.S. dollar.
Source: Reuters
China stock exodus: When will it end?

China stocks remained volatile Tuesday following an initial stampede out of the market, with analysts cautioning that there is no clear end in sight to the drama.
Source: CNBC.com | By: Ansuya Harjani
Nikkei falls to more than 2-week low as China plunge rattles investors

TOKYO, July 28- Japan's Nikkei share average dropped to a more than two-week low on Tuesday as investors worried that a fresh rout in Chinese shares would damage China's economy and as commodity prices tumbled. The dollar was under pressure as China jitters spurred flows into safe haven assets such as the yen, while commodities including oil and copper weakened...
Source: Reuters | By: Ayai Tomisawa
UPDATE 1-Suntory Holdings says not considering IPO now

*Listing could be in Tokyo or New York- Nikkei. TOKYO, July 28- Suntory Holdings Ltd said on Tuesday that it is not considering listing its shares now, following a Nikkei newspaper report that the beverages conglomerate is mulling an IPO as early as 2018 to pay down debt and raise growth capital. The Nikkei said the Japanese company would decide as soon as this year...
Source: Reuters
First Quantum says Zambia power cuts hit mining operations

First Quantum said it was unable to provide estimates on how long the power supply reduction would last or its impact on production. The country's power provider ZESCO has contracted independent power producers to procure more electricity by the end of 2015, First Quantum said. First Quantum's Zambian smelter, which ramped up in February, is expected to...
Source: Reuters
PRECIOUS-Gold stuck near 5-1/2-year low as Fed hike looms

MANILA, July 28- Gold languished near its weakest level since early 2010 on Tuesday, with no meaningful recovery seen as expectations for a U.S. interest rate increase grow. *Amid weaker gold prices, holdings of the world's biggest gold-backed exchange-traded fund, the SPDR Gold Trust, fell for a seventh day on Friday to 21.87 million ounces, the lowest since...
Source: Reuters