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Australian shares follow global peers higher after dovish Fed comments

* Banks stocks gain most on ASX, energy also rises * Vocus shares plunge after suitor EQT withdrew bid * Dacian Gold sinks on outlook cut (Updates to close) By Devika Syamnath June 5 (Reuters) – Australian shares finished higher Read more ›

Australian shares end in red as trade war bites risk appetite

* Commodity stocks most hit on ASX * Lynas reverses to end down, U.S. prepares for China’s rare earths threat * NZ’s Fonterra at all-time low as dry weather hits milk output (Updates to close) By Devika Syamnath May 30 Read more ›

UPDATE 1-S.Africa’s Old Mutual suspends CEO after ‘breakdown in trust’

(Adds more details) JOHANNESBURG, May 24 (Reuters) – South Africa’s No.2 insurer Old Mutual Ltd said on Friday Chief Executive Peter Moyo had been suspended following a “material breakdown in trust” between him and the board. “As a result, the Read more ›

WRAPUP 2-China stocks, yuan tumble on Trump’s fresh tariff threats

(Updates prices, add background) By Luoyan Liu and Andrew Galbraith SHANGHAI, May 6 (Reuters) – Chinese investors, caught off guard by U.S. President Donald Trump’s tariff threats, dumped stocks and sold the yuan currency on Monday as a fresh deterioration Read more ›

Intu Properties, Cale Street in shopping centre joint venture

April 18 (Reuters) – British shopping centre operator Intu Properties Plc on Thursday said it would form a joint venture with Cale Street for the Intu derby shopping centre. Cale Street Investments, an investment firm backed by the Kuwait Investment Read more ›

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 ›