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UPDATE 1-Galp cuts investment plans by 20 pct, lowers oil output forecast

* Shares fall 7 percent (Adds oil prices projection, debt-EBITDA, shares)

Bangladesh names second citizen held in Libya oilfield attack

DHAKA, March 10 (Reuters) - Bangladesh on Tuesday identified a second citizen among a group of foreign workers taken hostage last week by the Islamic State militant group in an attack on a Libyan oilfield.

China approves first nuclear project since Fukushima

March 10 (Reuters) - China has given the go-ahead for the launch of a major domestic nuclear power project, marking the first such approval since a temporary freeze on new construction following Japan's Fukushima disaster.

Siemens to supply four turbines for Egypt power plant

CAIRO, March 10 (Reuters) - Siemens will supply four turbines to a power plant near Egypt's Suez City to add more than 650 megawatts of power generation to the country's national grid, it said in a statement on Tuesday.

US STOCKS-Futures tumble on Greece concerns, China data

NEW YORK, March 10 (Reuters) - U.S. stock index futures fell on Tuesday, pressured by weaker-than-expected data out of China as well as ongoing concerns about debt talks in Greece.

SE Asia Stocks-Thai stocks fall as investors await rate decision

BANGKOK, March 10 (Reuters) - Thai shares posted their biggest single-day loss in almost three months on Tuesday as a bout of late selling in energy stocks weighed, while banks snapped a three-day rising streak ahead of the central bank's decision on interest rates. Other markets in Southeast Asia were range-bound amid weak sentiment in Asia on concerns the U.S. Federal Reserve would increase interest rates by mid-year.

As China's Hanergy stock soars, demand up from short-sellers too

HONG KONG, March 10 (Reuters) - China's Hanergy Thin Film Power Group has seen a rise in demand for loaned stock from short-sellers over the past six months, data shows, indicating some investors doubt its five-fold share surge can sustain.

UPDATE 1-Rio Tinto sees iron ore mines closing at slower pace in 2015

* Iron ore plumbs record-low price due to oversupply (Adds comments, details)

Japan PM adviser Honda: too early to say if yen fall will hurt Japan

TOKYO, March 10 (Reuters) - A key economic adviser to Japanese Prime Minister Shinzo Abe said on Tuesday that it remains to be seen whether weakness in the yen will be severe enough to damage Japan's economy, which faces higher resource import costs after the dollar hit an eight-year high.

Japan PM Abe: Oil price falls benefit Japan's economy

TOKYO, March 10 (Reuters) - Japanese Prime Minister Shinzo Abe said on Tuesday that falling oil prices are positive for the country's economy as they boost corporate revenues and households' disposable income.

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