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Hyundai Motor, Kia to invest $300 million in India’s Ola

FILE PHOTO: The Hyundai logo is seen during the first press day of the Paris auto show, in Paris, France, Oct. 2, 2018. REUTERS/Regis Duvignau/File Photo (Reuters) – South Korean automakers Hyundai Motor Co and Kia Motors Corp will together Read more ›

FCA to curtail investment platform exit fees

LONDON (Reuters) – Britain’s financial markets regulator on Thursday proposed a package of measures aimed at improving competition in the investment platforms market, including restricting the use of exit fees. It follows initial recommendations set out last July to help Read more ›

BOJ must take into account side-effects of easy policy – regional bank head

TOKYO, March 13 (Reuters) – Risks surrounding Japan’s economy are heightening but the central bank must take into account the side-effects of its ultra-loose monetary policy, the head of the country’s regional bank lobby said on Wednesday. “The BOJ said Read more ›

BoE most likely to cut rates in a no-deal Brexit – Tenreyro

LONDON (Reuters) – The Bank of England is more likely to cut interest rates than raise them in the event of a no-deal Brexit, rate-setter Silvana Tenreyro said, the latest BoE official to back the idea of coming to the Read more ›

Shanghai stocks flat after China reiterates no flood of stimulus

* SSEC flat, CSI300 falls 0.9 pct, HSI 0.5 pct lower * Trump predicts “good deal” or no deal in China trade talks SHANGHAI, March 7 (Reuters) – Chinese stocks were flat on Thursday at the end of a choppy Read more ›

UK borrowers, defying Brexit nerves, regain appetite for credit

LONDON – British households took out more mortgages and increased their borrowing in January, adding to signs that consumers are less worried about Brexit than many businesses, Bank of England data showed. FILE PHOTO: A Union Jack themed Visa credit Read more ›

SE Asia Stocks-Philippines falls as MSCI’s China weighting boost raises outflow woes

* Philippine stocks hit near 2-month low * Vietnam index poised for 1.5 pct weekly loss * Singapore shares snap 3 straight sessions of losses By Shriya Ramakrishnan March 1 (Reuters) – Philippine shares fell the most across Southeast Asian Read more ›