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Feb. 3 (Bloomberg) -- Copper headed for the first weekly drop in four as stockpiles monitored by the Shanghai Futures Exchange rose to the highest since May 2010, boosting speculation demand in China, the biggest consumer, may be weakening.
-- Asian stocks fell for the first time in four days after earnings reports disappointed investors, while the U.S. equity futures were little changed ahead of data that may show American employers added jobs last month. NSN LYT3IG6JIJV5 <GO>
-- Chinese Premier Wen Jiabao raised the prospect of contributing to the euro-area’s bailout programs, telling Chancellor Angela Merkel that China may be prepared to assist in resolving its debt crisis. NSN LYSR7P6K50XU <GO>
-- Employers probably increased payrolls in January, a sign companies are gaining confidence the U.S. expansion will weather Europe’s slump, economists said before a report today. NSN LYSAGD1A1I4H <GO>
-- Greece’s fight to win its second international bailout may only open a new chapter in its struggle to remain in the euro area. NSN LYSCPI1A74E9 <GO>
-- Investments in commodities are expanding at the quickest pace in six years on signs of rising economic growth, even as JPMorgan Chase & Co. and Goldman Sachs Group Inc. warn that some prices have rallied too fast. NSN LYSZ4X0D9L37 <GO>
-- Peru’s copper output rose to a record in December on gains at mines operated by Xstrata Plc and Cia. Minera Antamina SA, the government said. NSN LYSA9V6KLVRC <GO>
-- Mitsubishi Corp., Japan’s biggest commodity supplier, plans to almost double its copper output in 2012 after spending $5.39 billion to buy a minority stake in Anglo American Plc’s Chilean unit. NSN LYT3XQ6TTDSF <GO>
-- Posco, the world’s third-largest steelmaker, reported a 12 percent decline in full-year group profit as the economic slowdown eroded demand and prices for the alloy used in cars, ships and construction. NSN LYT3820D9L35 <GO>
-- Already one of the cheapest major mining companies, Anglo American Plc is becoming an even more likely takeover target with Xstrata Plc and Glencore International Plc’s potential merger threatening to leave it dwarfed by three of its closest rivals. NSN LYSVV11A74E9 <GO>
-- For Mick Davis, the 53-year-old South African who runs Xstrata Plc, the approach from commodities trader Glencore International Plc is unlikely to prompt him to surrender the helm of the mining company he built through a decade of dealmaking. NSN LYSI3R6S972A <GO>
-- Copper stockpiles monitored by the Shanghai Futures Exchange rose 48,246 metric tons to 179,891 tons, according to a statement by the bourse today. NSN LYT4S86K50YA <GO>