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GLOBAL MARKETS-Asian shares rise as weak China data spurs stimulus bets

HONG KONG, May 4- Asian stocks bounced off lows on Monday and the Australian dollar pared early losses as weak China factory activity reinforced views that Beijing will roll out fresh support measures soon for the world's second-largest economy. Spreadbetters expected the equity markets to open firmer in Europe, forecasting Germany's DAX and France's CAC to...
Source: Reuters | By: Saikat Chatterjee
GLOBAL MARKETS-Asian shares recover as weak China activity spurs stimulus bets

HONG KONG, May 4- Asian stocks bounced from their lows on Monday and the Australian dollar pared early losses as weak China factory activity reinforced views that Beijing will roll out fresh support measures soon for the world's second-largest economy. The HSBC/ Markit Purchasing Managers' Index showed factory activity in China contracted at its fastest rate...
Source: Reuters | By: Saikat Chatterjee
LATAM Airlines rules itself out of TAP sale

SANTIAGO, April 28- LATAM Airlines Group SA, Latin America's biggest carrier, said on Tuesday it would not participate in the privatization of Portuguese flag-carrier TAP under current market conditions. However, LATAM- formed in 2012 with the merger of Chile's LAN and Brazil's TAM- thinks now is not the right time, Chairman Mauricio Amaro told journalists...
Source: Reuters
San Fran housing rent up a sizzling 14.8 pct. in 12 months

WASHINGTON- Almost no one is moving to San Francisco to save money. But average home rent has jumped nearly 15 percent in the past year- to $3,129 last month- according to real estate data firm Zillow. Over the 12 months that ended in March, rents nationally climbed a seasonally adjusted average of 3.7 percent nationally, Zillow reported Wednesday.
Source: The Associated Press | By: By JOSH BOAK, AP Economics Writer