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UPDATE 3-S.Korea Nov exports fall less than expected, inflation ticks up

SEOUL, Dec 1- South Korean exports fell for an 11th consecutive month in November although increased ship deliveries and resilient domestic demand kept the economy afloat. Export prospects remain bleak, the trade ministry said in a statement, as China and other emerging economies were still experiencing a slowdown and Europe as a whole was struggling to...
Source: Reuters | By: Christine Kim
METALS-Copper up as dollar eases, but China data points to downtrend

MELBOURNE, Dec 1- Copper prices firmed on Tuesday but the metal's downtrend was expected to resume after China's factories slowed in November, underlining the headwinds facing demand. Activity in China's manufacturing sector contracted for a fourth straight month to a three-year low, an official survey showed on Tuesday, adding to signs of persistent...
Source: Reuters | By: Melanie Burton
Samsung replaces mobile chief as smartphone lead dwindles

SEOUL, South Korea- Samsung is replacing its mobile president at Samsung Electronics for the first time in six years. The Samsung Group conglomerate said Tuesday that Koh Dongjin was promoted to president and will replace Shin Jong- kyun as the head of the mobile business at its flagship company Samsung Electronics. Samsung's smartphone lead has been...
Source: The Associated Press
RBI likely to hold rates amid tricky balancing act

India's central bank is likely to keep its policy rate unchanged on Tuesday, after a big cut two months ago, and sound cautious about the scope for easing.
Source: Reuters
Billionaire's Australia iron ore mine set to ship first cargo

SYDNEY, Dec 1- Australia's Roy Hill iron ore mine is set to ship its first cargo, marking the start up of the last of the mining-boom era mega projects in Australia. Iron ore prices have slumped more than 75 percent since construction of the mine began four years ago in partnership with South Korean steelmaker POSCO, Japan's Marubeni Corp and Taiwan's China Steel...
Source: Reuters | By: James Regan
SDR inclusion to help China lure trillion-dollar inflows

China could see inflows of as much as $3 trillion amid optimism for financial reforms following the yuan's inclusion in the IMF's currency basket.
Source: CNBC.com | By: Nyshka Chandran
China's IVF system in mayhem as one-child policy ends

Rising demand for IVF in China will strain already-crowded state-run hospitals but create opportunities for overseas health centers - and underground clinics.
Source: Reuters
China factory index at 3-year low, services improve

The official index, compiled by the Chinese Federation for Logistics and Purchasing, includes more of the country's larger, state owned enterprises while the Caixin survey is weighted to smaller, private enterprises in China's manufacturing industry, which employs tens of millions. The latest data highlight the two-speed nature of China's economy as...
Source: The Associated Press
Brazil sues BHP, Vale for $5 bln in damages for mine disaster

BRASILIA, Nov 30- Brazil filed a lawsuit on Monday against two of the world's largest mining companies for 20 billion Brazilian reais to clean up what it says was its worst environmental disaster, caused by the collapse of a tailings dam. The governments of Brazil and those of two states hit by the damburst sued iron ore operator Samarco and its co-owners, the...
Source: Reuters | By: Anthony Boadle
Nikkei rises as weak yen helps market look past soft China PMIs

*Nissan down on report saying it may raise stake in Renault. TOKYO, Dec 1- Japan's Nikkei share average rose on Tuesday morning as a weak yen and rising U.S. futures underpinned sentiment, shrugging off soft Chinese factory surveys. "A weak yen and rising U.S. futures dominate market sentiment today," said Yutaka Miura, senior technical analyst at Mizuho Securities,...
Source: Reuters | By: Ayai Tomisawa