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China stocks climb on trade talk optimism

* .SSEC +0.8 pct, .CSI300 +1.3 pct; .HSI +0.2 pct * U.S. officials in Beijing for fresh talks on trade * Better news expected after wave of profit warnings Hong Kong, Feb 11 (Reuters) – China stocks rose on Monday Read more ›

Trump to choose Treasury’s Malpass to lead World Bank: sources

WASHINGTON (Reuters) – The Trump administration has notified World Bank shareholders that President Donald Trump intends to pick senior Treasury Department official David Malpass as the U.S. nominee to lead the development lender, people familiar with the decision said on Read more ›

SE Asia Stocks-Most rise, Philippines leads gains on stronger 2019 GDP hopes

* Singapore on track to snap three straight sessions of losses * Philippine Q4 GDP growth slower than expected * Malaysia key interest rate expected By Shreya Mariam Job Jan 24 (Reuters) – Most Southeast Asian stock markets rose on Read more ›

China, Hong Kong stocks rise on trade relief

* Shanghai index rises 0.8 pct, Hang Sang 1.0 pct higher * U.S. Treasury Secretary Mnuchin weighs lifting tariffs on China – WSJ * China to target 6-6.5 pct GDP growth in 2019 – China Daily SHANGHAI, Jan 18 (Reuters) Read more ›

British banks’ new disputes service too limited, MPs say

LONDON (Reuters) – Big British banks have been criticised by lawmakers for pressing ahead with plans for a new complaints service for small firms wronged by lenders, which they argue is too soft. FILE PHOTO: The City of London from Read more ›

Iran approves anti-money laundering bill to ease foreign trade

LONDON (Reuters) – A powerful Iranian council approved an anti-money laundering bill on Saturday, state media reported, a major step towards reforms that would bring Iran into line with global norms and could facilitate foreign trade in the face of Read more ›

SE Asia Stocks-Singapore, Malaysia rise after Trump-Xi trade phone call

Dec 31 (Reuters) – Singaporean and Malaysian stocks rose on Monday in thin year-end trading as a phone call between U.S. and Chinese leaders spurred hopes that the two economic heavyweights would reach a deal that could ease their damaging Read more ›

China’s WuXi AppTec raises $1 billion in HK listing: sources

HONG KONG (Reuters) – Chinese medical tech platform WuXi AppTec (603259.SS) raised $1.01 billion in its Hong Kong listing, sources told Reuters on Friday, making it one of this year’s last big deals in the Asian financial hub to end Read more ›

Brazil’s police to probe incoming Economy Minister Guedes: report

FILE PHOTO: Economist Paulo Guedes, future economy minister of Brazil’s President-elect Jair Bolsonaro arrives for a meeting in Brasilia, Brazil November 20, 2018. REUTERS/Adriano Machado SAO PAULO (Reuters) – Brazil’s federal police opened an investigation into incoming Economy Minister Paulo Read more ›

Nigeria’s Buhari launches re-election bid with corruption still in focus

ABUJA, Nov 18 (Reuters) – Nigerian President Muhammadu Buhari launched his manifesto on Sunday, hoping his anti-corruption agenda can win him a second term at a Feb. 16 election. Buhari, a military ruler in the early 1980s, in 2015 became Read more ›