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TOP STORIES
U.S. existing home sales race to more than 9-1/2-year high
WASHINGTON - U.S. home resales rose in October to their highest level in more than 9-1/2 years as homebuyers, buoyed by an improving labor market, took advantage of still-low mortgage rates to snatch up properties after many were shut out during the busy summer selling season. (USA-ECONOMY/ (WRAPUP 2, GRAPHIC), moved, by Lucia Mutikani, 825 words)
Hammond gives help to UK low earners, focus stays on budget gap
LONDON - Britain's finance minister will say that he is raising the minimum wage and taking the edge off a benefits squeeze for low earners, but fixing the public finances will be a bigger priority as the country gets ready for Brexit. (BRITAIN-EU/BUDGET (UPDATE 3, PIX), moved, by William Schomberg, 750 words)
MARKETS
Asia stocks share some Wall St joy, US yields a burden
SYDNEY - Asian stocks bounced to one-week highs as investors tried to share in the exuberance of Wall Street's record run, while high U.S. bond yields kept the dollar well underpinned. (GLOBAL-MARKETS/ (WRAPUP 2, PIX), moved, by Wayne Cole, 550 words)
Dollar clings near 13-1/2-year high, pauses after rally
SINGAPORE - The dollar hovered near a recent 13 1/2-year peak, taking a breather after surging on expectations that U.S. interest rates will rise further than earlier anticipated due to prospects of increased fiscal stimulus under a Trump administration.(GLOBAL-FOREX/ (UPDATE 1), moved, by Masayuki Kitano, 400 words)
Oil prices edge up on anticipation of OPEC-led production cut
SINGAPORE - Oil prices edged up in anticipation of an OPEC-led crude production cut that is planned to be finalised by the end of the month, through trading was thin ahead of the U.S. Thanksgiving holiday on Thursday. (GLOBAL-OIL/ (UPDATE 1), moved, by Henning Gloystein, 350 words)
Gold edges higher; market waits on Fed minutes
Gold ticked higher in Asian trade following recent steep losses, as markets waited on minutes from the November Federal Reserve policy meeting amid expectations of an interest rate hike in December. (GLOBAL-PRECIOUS/ (UPDATE 1), moved, by Apeksha Nair, 425 words)
ECONOMY
OPEC to debate oil output cut next week but Iraq, Iran hesitate
VIENNA/DUBAI - OPEC will debate an oil output cut of 4.0-4.5 percent for all of its members except Libya and Nigeria next week but the deal's success hinges on an agreement from Iraq and Iran, which are far from certain to give full backing. (OPEC-MEETING/NIGERIA (UPDATE 4), moved, by Alex Lawler and Rania El Gamal, 525 words)