LONDON, Nov 27 (Reuters) - Britain's FTSE 100 .FTSE is seen opening 35-46
points lower on Friday according to financial bookmakers, extending losses from
the previous session following weakness in Asia as worries about the global
economy mounted after Dubai's debt problems emerged.

The index is seen opening down as much as 0.9 percent after shares ended at
a three-week closing low on Thursday, off 170.68 points, or 3.2 percent at
5,194.13 as investors turned cautious after Dubai said two of its flagship firms
planned a delay in repayment of debt. [ID:nGEE5AP1NO]

Shares in Asia Pacific outside Japan MIAPJ0000PUS shed 4.1 percent, while
Japanese stocks .N225 fell 3.2 percent. Shares on Wall Street will resume
trading on Friday, after being closed for the Thanksgiving holiday on Thursday,
although only for a half-day.

Trading on the FTSE 100 is expected to be volatile with a lack of economic
data or much corporate news from Britain or the United States, although subdued
volumes are likely to pick up in the afternoon session after Wall Street resumes
trading.

In a further setback for the British economy, finance minister Alistair
Darling will downgrade the 2009 economic outlook when he presents his pre-budget
report next month but still point to growth resuming at the turn of the year as
he predicted in April, a UK Treasury source told Reuters. [ID:nN26401669]

* GLOBAL MARKETS-Asia shares skid; Dubai debt worries spread [ID:nSP284607]

* Yen surges as Dubai woes put investors off risk [ID:nT31407]

* TREASURIES-Advance in Asia as risk shed on Dubai woes [ID:nT30379]

* Oil falls below $76 amid Dubai debt jitters [ID:nSP294995]

* PRECIOUS-Gold falls, downside limited on dlr weak outlook [ID:nT31321]

* METALS-Shanghai copper falls on Dubai woes, dollar [ID:nSHA159988]

UK stocks to watch on Friday are:

LLOYDS BANKING GROUP (LLOY.L: Quote, Profile, Research)

The lender's shares trade ex-rights on Friday following overwhelming support
for the bank's plans for a 13.5 billion pound cash call. [ID:nGEE5AP18F]

Meanwhile, finance minister Alistair Darling broke guidelines by not
disclosing loans of more than 60 billion pounds to Royal Bank of Scotland
(RBS.L: Quote, Profile, Research) and Lloyds (LLOY.L: Quote, Profile, Research) last year, a top lawmaker said on Thursday.
[ID:nGEE5AP261]

ASTRAZENECA (AZN.L: Quote, Profile, Research)

The drugmaker plans to move all production of the vital molecules in its
medicines mainly to China, the Times newspaper reported. [ID:nN26405333]

ROYAL DUTCH SHELL (RDSa.L: Quote, Profile, Research)

PetroChina (0857.HK: Quote, Profile, Research) and Royal Dutch Shell (RDSa.L: Quote, Profile, Research) have started joint
exploration of a shale gas block in China in an effort to find alternative gas
sources to meet China's rising demand, the China Petroleum Daily reported on
Friday. [IDnPEK30506 ]

STANDARD LIFE (SL.L: Quote, Profile, Research)

Standard Life Investments (SLI) said on Thursday it is raising up to 75
million pounds ($125 million) by mid-December for a fund aimed at capturing the
recovery in Europe's hard-hit commercial property market.[ID:nGEE5AP23T]

CARPHONE WAREHOUSE (CPW.L: Quote, Profile, Research)

The mobile phone retailer reports first-half results.

VECTURA GROUP (VEC.L: Quote, Profile, Research)

The drug company reports first-half results.

HOLIDAYBREAK (HBR.L: Quote, Profile, Research)

The holiday firm posts full-year results.

HOGG ROBINSON (HRG.L: Quote, Profile, Research)

The business travel firm reports first-half results.

TODAY'S UK PAPERS

> Financial Times [PRESS/FT]

> Other business headlines [PRESS/GB]
Multimedia versions of Reuters Top News are now available for:
* 3000 Xtra : visit topnews.session.rservices.com
* BridgeStation: view story .134
For more information on Top News visit
topnews.reuters.com

(Reporting by Harpreet Bhal)
((harpreet.bhal@thomsonreuters.com; +44 207 542 4533; Reuters Messaging:
harpreet.bhal.thomsonreuters.com@reuters.net))