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China shares edge down as trade, growth worries drag

* Shanghai Composite index -0.2% * CSI300 down 0.06% * Trump says U.S. could impose more tariffs if needed SHANGHAI, July 17 (Reuters) – Shares in China finished lower in thin trade on Wednesday, extending the previous day’s small losses Read more ›

Malaysia’s international reserves up at $102.7 bln, as of June 28

KUALA LUMPUR, July 5 (Reuters) – Malaysia’s gross international reserves edged up to $102.7 billion, as of June 28, from $102.6 billion on June 14, the central bank said on Friday. The reserves were sufficient to finance 7.3 months of Read more ›

Mexico’s president says big bank loan shows confidence in Pemex

MEXICO CITY (Reuters) – An $8 billion syndicated loan to Mexico’s national oil company Pemex is a sign of confidence by more than 20 banks involved in the operation, Mexican President Andres Manuel Lopez Obrador said on Friday, after a Read more ›

UBS loses role in bond deal for Chinese firm on outcry over pig comment

HONG KONG (Reuters) – UBS has lost a lead role on a U.S. dollar bond deal for state-backed China Railway Construction Corp, just days after a Chinese outcry over a senior UBS economist’s use of “pig” in connection with Chinese 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 ›

Tanzania plans cable car for Mount Kilimanjaro

Tanzania wants to boost tourist numbers by putting a cable car on Mount Kilimanjaro, Africa’s tallest mountain, and is in talks about the project with a Chinese and a Western company. Source link

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 ›

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 ›

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 ›