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UPDATE 1-Creditors approve Avianca Brasil plan as antitrust concerns loom

(Adds creditors’ vote results) By Marcelo Rochabrun SAO PAULO, April 5 (Reuters) – Creditors led by hedge fund Elliott Management approved on Friday a restructuring plan for bankrupt airline Avianca Brasil, hours after the country’s antitrust regulator announced preemptively that Read more ›

UK house prices edge up, London falls again – Nationwide

LONDON (Reuters) – British house prices picked up only a little bit of speed this month as the approach of Brexit weighed on the housing market, data from mortgage lender Nationwide showed on Friday. FILE PHOTO: A row of houses Read more ›

China’s services activity quickens in March: official PMI

FILE PHOTO – A waiter prepares a table for service at Haidilao’s new artificial intelligence hotpot restaurant in Beijing, China, November 14, 2018. REUTERS/Jason Lee/File Photo BEIJING (Reuters) – Growth in China’s services industry quickened in March, an official survey Read more ›

S.Korea c.bank chief says may change policy course if ‘recovery sentiment’ worsens

SEOUL, March 25 (Reuters) – South Korea’s central bank chief on Monday said the bank may change its current cautious stance on monetary policy should “recovery sentiment” worsen significantly, signaling it could ease policies if needed. “We can think about 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 ›

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 ›

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 ›

Russian court extends custody of Baring Vostok’s Calvey until April

MOSCOW (Reuters) – A Russian court on Saturday ordered Michael Calvey, the U.S. founder of one of Russia’s biggest private equity firms accused of fraud, to be kept in custody until April 13. Founder of the Baring Vostok private equity Read more ›

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 ›