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UPDATE 2-HSBC's Ping An stake sale at risk over funding doubts -sources

* CDB was to finance bulk of CP's purchase of the stake * Sale was Asia's 2nd-biggest M&A deal announced last year * CP has major interests in China from agriculture to retail By Heng Xie and Clare Baldwin BEIJING/HONG KONG, Jan 8 (Reuters) - HSBC's sale of its $9.4 billion stake in Ping An Insurance to Thailand's CP Group has been thrown into jeopardy after state-run China Development Bank (CDB) voiced concerns over funding for the deal, sources told Reuters.

UPDATE 1-Sainsbury led top UK grocers in Christmas sales growth

* UK grocery market grew 3.2 pct in 12 weeks to Dec. 23 * Sainsbury market share up 0.1 pct pt, Tesco down 0.1 * Strongest growth at discount and premium end - Kantar * UK retail sales up 0.3 pct in December - BRC * 2013 to be difficult for retailers - BRC By James Davey LONDON, Jan 8 (Reuters) - J Sainsbury, Britain's No.

Burundi court cuts journalist prison term over gun attack

* Journalists in Burundi targeted by prosecutors * Reporter convicted after interview with rebel leader * Lawyer says to appeal against new prison term By Patrick Nduwimana GITEGA, Burundi, Jan 8 (Reuters) - A court in Burundi reduced a life sentence handed last year to a reporter accused of complicity in a 2011 gun attack after finding him guilty of a less serious offence, an appeal judge said on Tuesday.

CORRECTED-UPDATE 2-Swedish c.bank minutes raise chance of another rate cut

(Corrects name of af Jochnick in para 17) * Deputy govs Jansson and Wickman-Parak considered bigger cut * Analysts say minutes dovish, raise chance of another rate cut By Simon Johnson STOCKHOLM, Jan 8 (Reuters) - Sweden's central bank considered a bigger rate cut last month before deciding on a quarter point reduction, the minutes of its meeting showed, bolstering market expectations it will ease policy again by April at the latest.

Qatar says boosting aid to Egypt by extra $2.5 bln

CAIRO, Jan 8 (Reuters) - Qatar said on Tuesday it would lend Egypt's government an additional $2 billion and grant it an extra $500 million outright, extending a lifeline as the government battles to contain a currency crisis. Political strife has triggered a rush to convert Egyptian pounds to dollars over the past several weeks, sending the currency to a record low against the dollar.

Tunisia frees man held over attack on US consulate in Libya

Tunis, Jan 8 (Reuters) - Tunisia has freed, for lack of evidence, a Tunisian man who had been suspected of involvement in an Islamist militant attack in Libya last year in which the U.S. ambassador was killed, his lawyer said on Tuesday. Ali Harzi was one of two Tunisians named in October by the Daily Beast website as having been detained in Turkey over the violence in which Christopher Stevens, the U.S. ambassador to Libya, and three other American officials were killed.

Golf-Johnson takes charge with power at Kapalua

Jan 7 (Reuters) - Dustin Johnson took control of the weather-hit Tournament of Champions in Hawaii on Monday with an awesome display of power hitting in the second round after the 2013 PGA Tour finally got under way. Tied for the lead with fellow Americans Mark Wilson and Nick Watney when the opening round was completed at the Kapalua Resort earlier in the day, Johnson fired a sizzling seven-under-par 66 to surge three strokes in front of the pack.

Soccer-North Korea's Jong arrives in South for Suwon move

Jan 8 (Reuters) - North Korea striker Jong Tae-se arrived in Seoul on Tuesday to finalise his move to the K-League's Suwon Samsung and said he hoped to play the role of sporting ambassador during his stint in the South. Jong is set to be unveiled as a Suwon player on Thursday after sealing a 300,000 euros ($395,850) switch from German club FC Cologne to the South Korean top flight.

New Jersey man in "cannibal cop" case denied bail

By Chris Francescani NEW YORK, Jan 7 (Reuters) - A federal judge denied bail on Monday to a New Jersey man arrested last week on suspicion of conspiring with the so-called "cannibal cop" to kidnap and rape a woman. The prosecutor and defense attorney clashed repeatedly in a one-hour hearing over their sharply different interpretations of the intent of the suspect, New Jersey mechanic Michael Van Hise, 22.

ANALYSIS-Doom scenario far-fetched but euro gloom to deepen

* Social cohesion to be tested as debt strains take toll * Greece under microscope; some worry over Spain * Welfare state cushions pain but long-term cost is high By Alan Wheatley LONDON, Jan 7 (Reuters) - It would be fair to say that U.S. hedge-fund manager Kyle Bass does not expect the explosion in global debt in recent years to turn out well.
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