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WRAPUP 3-China points finger at "manipulators", as stock market slides

*China shares have fallen nearly 30 pct from mid-June peak. SHANGHAI, July 3- Chinese stocks fell again on Friday, as the securities regulator said it was investigating suspected market manipulation amid increasingly desperate attempts by Beijing to head off a full-blown crash. After a slump of nearly 30 percent in Chinese stocks since mid-June, the China...
Source: Reuters | By: Nathaniel Taplin and Samuel Shen
UPDATE 1-China to lift ban on entry of miner Vale's mega-ships

SHANGHAI, July 3- China said on Friday it will allow 400,000- deadweight tonne ships to dock at its ports, officially ending a more than three-year ban that had effectively shut out Brazilian miner Vale SA's giant vessels. Four domestic ports- Qingdao, Dalian, Tangshan Caofeidian and Ningbo- will be allowed to receive the carriers after they meet technical...
Source: Reuters
WRAPUP 2-China points finger at "manipulators" as shares slump again

*China shares have fallen more than 20 pct from mid-June peak. SHANGHAI, July 3- Chinese shares tumbled on Friday, after the country's securities market regulator said it had opened an investigation into suspected market manipulation as Beijing struggles to head off a full-blown crash that could damage an already slowing economy. The Shanghai benchmark had...
Source: Reuters | By: Nathaniel Taplin
WRAPUP 1-In struggle to stem market rout, China hunts manipulators

July 3- China's securities market regulator has opened an investigation into suspected market manipulation, in the latest in Beijing's increasingly desperate attempts to head off a potential stock market crash that could damage an already slowing economy. After a slump of more than 20 percent in Chinese stocks since mid-June, the China Securities...
Source: Reuters | By: Wayne Cole
In struggle to stem market rout, China hunts manipulators

July 3- China's securities market regulator has opened an investigation into suspected market manipulation, in the latest in Beijing's increasingly desperate attempts to head off a potential stock market crash that could damage an already slowing economy. After a slump of more than 20 percent in Chinese stocks since mid-June, the China Securities...
Source: Reuters | By: Wayne Cole
Oil prices drop on rising US rig count, China stock market probe

*China watchdog probes mkt after over stock slump since June. Front-month U.S. crude futures were trading at $56.54 per barrel at 0038 GMT, down 39 cents from their last settlement. The rising U.S. rig count adds to near record production by OPEC and Russia.
Source: Reuters | By: Henning Gloystein
COLUMN-"New normal" of weak commodity prices, strong volumes in Australia forecasts: Russell

LAUNCESTON, Australia, July 1- "New normal" is a term coined about China's transition to slower but hopefully more sustainable economic growth, but it can be equally applied to many commodity markets. The big picture is that Australia is receiving less money for its commodity exports, with the value dropping 11 percent to A $174 billion in the 2014-15 fiscal year...
Source: Reuters | By: Clyde Russell
Airbus wins $1.3 billion South Korean airborne tanker deal

SEOUL, South Korea- South Korea said Tuesday that it has decided to buy four military airborne refueling tankers from European aerospace giant Airbus Defense and Space for $1.3 billion. Airbus edged out bids from the U.S. Boeing Co. and Israel Aerospace Industries in the competition to provide South Korea its first such tanker aircraft, Seoul's Defense...
Source: The Associated Press
Slide in China steel snuffs iron ore rally, revives glut worries

Iron ore surged 40 percent from a decade-low in just over two months as dwindling stocks at China's ports suggested tighter supply in a market that had been hit hard by plentiful ore. But China's appetite for steel has been shrinking as its economy slows and is now taking a further hit as construction eases over the summer, forcing mills to cut production.
Source: Reuters | By: Manolo Serapio Jr and Ruby Lian
COLUMN-China steel, iron ore divergence unlikely to persist: Russell

LAUNCESTON, Australia, June 17- Something has to give in the Chinese steel sector, given the disconnect between record low steel prices and a recent strong rally in iron ore. While Dalian Commodity Exchange iron ore futures did drop on Tuesday, falling 1.4 percent to end at 442.5 yuan a tonne, the contract rallied 21 percent between its record low on April 10 this...
Source: Reuters | By: Clyde Russell