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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 ›

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 ›

EDF Energy becomes second UK supplier to announce 10 percent price rise

FILE PHOTO: The logo of Electricite de France SA (EDF) is pictured on the facade of a building in Paris, France, August 5, 2018. Picture taken August 5, 2018. REUTERS/Regis Duvignau/File Photo LONDON (Reuters) – EDF Energy will raise its 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 ›

Short seller Andrew Left appeals HK market manipulation ruling

HONG KONG(Reuters) – A Hong Kong court on Wednesday heard an appeal from short seller Andrew Left that sought to overturn a five-year ban from the city’s financial markets and a fine for market manipulation. FILE PHOTO: Andrew Left, the 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 ›