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COLUMN-Cheaper fuel to boost container shipping: Kemp

LONDON, April 21 (Reuters) - Lower oil prices are sharply reducing the cost of shipping merchandise from Asia to the United States and Europe as the cost of bunker fuel tumbles.

Kazakh leader to extend long rule, promises stability

ALMATY, April 21 (Reuters) - President Nursultan Nazarbayev will extend his nearly 26-year rule of Kazakhstan in an election on Sunday which investors hope will maintain stability in the Central Asian state despite criticism of his rights record.

Commodities traders talk up Russian prospects

LAUSANNE, Switzerland, April 21 (Reuters) - A respite in the rise of tension between Russia and the West has been enough for international traders to talk up prospects of cooperation with the world's largest natural resource producer.

UPDATE 1-Baker Hughes expects falling rig count to weigh on 2nd qtr

April 21 (Reuters) - Baker Hughes Inc, which is being bought by Halliburton Co for $35 billion, said it expects "unfavorable market conditions" to persist in the second quarter as drillers turn off more rigs, intensifying a glut in oilfield services.

Finland Election Winner Plans to Turn Forests into Bioenergy Gold

Juha Sipila, who once converted his own Chevrolet to run on wood-gas, is counting on the abundant Finnish forests to provide the key to an economic revival.

UPDATE 1-Arch Coal reports bigger-than-expected loss, cuts production forecast

April 21 (Reuters) - U.S.

Chevron's Kazakh joint venture slows expansion plans due to weak oil price

ATYRAU, Kazakhstan, April 21 (Reuters) - Kazakhstan's leading oil producer has slowed its expansion plans further and cut planned spending this year in response to lower oil prices, a senior executive at Chevron's joint venture Tengizchevroil (TCO) said.

Baker Hughes reports quarterly loss on $772 mln charge

April 21 (Reuters) - Oilfield services provider Baker Hughes Inc, which is in the process of being acquired by Halliburton Co for $35 billion, posted a quarterly loss compared with a year-earlier profit as it recorded a $772 million charge related to restructuring and other items.

UPDATE 1-Philippines accuses China of turning water cannon on its fishing boats

MASINLOC, Philippines, April 21 (Reuters) - Filipino activists denounced China's coast guard on Tuesday for turning water cannon on Philippine fishing boats in disputed waters, near where hundreds of Filipino and American Marines landed on a beach in a mock assault.

RPT-COLUMN-Asia can copy U.S. coal-to-natural gas switching: Russell

--Clyde Russell is a Reuters columnist.

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