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  • Net Asset Value(s) Business Wire - 49 minutes ago

    LONDON--(BUSINESSWIRE)-- FUND   ¦ db x-trackers S&P Japan 500 Shariah UCITS ETF DEALING DATE ¦ 03-Mar-15 NAV PER SHARE ¦ USD14.8125 NUMBER OF SHARES IN ISSUE ¦ 505,000 CODE ¦ Contact db x-trackers S&P ...

  • Standard Bank posted a 20 percent rise in profit last year, after stripping out the loss-making global markets division it is selling, and surprised investors by raising its dividend 12 percent. Shares in Africa's largest bank by assets jumped more than 6 percent after it reported full-year headline earnings of 21.1 billion …

  • Hong Kong, Shanghai down on China target as euro struggles

    The Hong Kong Stock Exchange (shown here in February) and Shanghai market are leading a broad Asian sell-off after China set tepid 2015 economic and trade growth targets

  • China lowers 2015 growth target to 'approximately 7%'

    China has lowered its 2015 economic growth target to "approximately seven percent", as authorities seek a more sustainable path for the world's second-largest economy after its decades-long boom...

  • Asia Dry Bulk-Capesize rates gloom to persist on tonnage glut Reuters - UK Focus - 1 hour 55 minutes ago

    Vale was also active, fixing ships from Brazil to China, Reuters freight data showed. Rates are likely to remain flat next week on routes from both Australia and Brazil even if the heightened fixture activity is maintained, the broker added. More owners had sent ships to the Atlantic in the hope of securing cargo from …

  • China's Plan for 2015 -- The Numbers The Wall Street Journal - 2 hours 43 minutes ago

    On Thursday, China outlined its economic plans for 2015. A breakdown of the plans by the numbers.

  • A major Japanese aluminium buyer has agreed to pay a producer premium of $380 per tonne for metal to be shipped in the April-June period, down from the previous quarter, a buyer source directly involved in the quarterly pricing talks said. Japan is Asia's biggest importer of aluminium and the premiums for primary metal …

  • 5 Takeaways From China's State-of-the-Nation Speech The Wall Street Journal - 5 hours ago

    With a state-of-the-nation speech, Chinese Premier Li Keqiang announced an era of slower growth, saying “China’s economic development has entered a new normal.” The nearly 100-minute speech inside Beijing’s Great Hall of the People on Thursday outlined the Chinese government priorities for the coming year. #1: China’s …

  • Transaction Network Services (TNS) is launching 4G LTE support for its PCI DSS compliant TNSLink product portfolio, which includes a secure and fully managed network for use with ATMs and kiosks. Across Asia and Australasia, TNSLink for ATMs enables ATM operators to use next generation, bandwidth hungry applications. …

  • Private equity firm CVC (Taiwan OTC: 4744.TWO - news) Capital Partners, a unit of Carlyle Group LP and Singapore's sovereign wealth fund GIC raised a combined $710 million after Hong Kong's second-largest broadband Internet provider, HKBN Ltd, priced its IPO at the top of expectations, people familiar with the deal said …

  • Unless China changes course, it is set to tighten fiscal policy by 5.5pc of GDP this year, five times Britain's austerity dose annually since the Lehman crisis

  • Port Hedland iron ore exports to China up in Feb Reuters - UK Focus - 13 hours ago

    Exports of iron ore to China through Australia's Port Hedland terminal rose 0.3 percent in February from January, official figures show, though the month had fewer shipping days. Shipments to China from ...

  • Alibaba to open US data center in new challenge to Amazon

    Alibaba completed the world's biggest initial public offering with its $25 billion listing on the New York Stock Exchange in September, making its founder Jack Ma, pictured here, China's richest man overnight...

  • British support services company Carillion (Other OTC: CIOIF - news) will target the public sector to drive growth in its business in the coming year after reporting full-year underlying profit in line with expectations on Wednesday. "I think markets are steadily improving, (but) it's still challenging," Chief Executive …

  • The Asia-focused bank said it would not take "knee-jerk actions" and vowed instead to cut costs and shrink its loan book in an effort to quell concerns about its capital strength, the main task facing its new chief executive Bill Winters. The bank is already braced for a fundamental overhaul when the former investment …

  • Royal Bank of Scotland (LSE: RBS.L - news) has yet to decide how many jobs it will cut at its investment bank after announcing a major downsizing of the business last week, its Chief Executive Ross McEwan said on Tuesday. The Financial Times reported on Tuesday that up to 14,000 of 18,000 jobs at RBS's investment bank …

  • US markets are set to open lower Wednesday following declines in European and Asian sessions as investors cut positions ahead of Thursday's European Central Bank meeting and Friday's US monthly jobs report....

  • European stocks mainly flat on eve of ECB

    Europe's stock markets are mainly down, mirroring a downbeat session in Asia

  • Most share markets across Asia booked losses for a second consecutive day as traders digested underwhelming growth data from Australia.

  • Standard Chartered net profit falls 37%

    Asia-focused Standard Chartered bank said net profit came in at $2.51 billion for the year, down from $3.99 billion in 2013 and described the result as "disappointing"

  • Asia markets mostly lower after Wall St losses

    Asia markets have mostly fallen following a retreat on Wall Street fuelled by profit-taking, with Tokyo stocks hit by a stronger yen and Sydney dipping after data showed Australia's economy grew slower ...

  • China free trade zone a bust so far: US business survey

    Shanghai set up China's first free trade zone in September 2013, promising a range of financial reforms

  • Standard Chartered net profit falls 37%

    Asia-focused Standard Chartered bank said net profit came in at $2.51 billion for the year, down from $3.99 billion in 2013 and described the result as "disappointing"

  • StanChart CEO says has no plans for a rights issue Reuters - UK Focus - Wed, Mar 4, 2015 09:04 GMT

    Standard Chartered's outgoing Chief Executive Peter Sands said the Asia-focused bank had no plans to launch a rights issue and capital strength will be improved this year by cutting costs and reducing ...

  • Asian markets fell for a second consecutive session on Wednesday, after stocks on Wall Street dropped from record-highs and investors digested regional data.

  • Novacyt (ALTERNEXT:ALNOV), an international specialist in cancer and infectious disease diagnostics, and Leica Biosystems, a leading supplier to the pathology market, have today signed an agreement where Leica Biosystems will have exclusive distribution of Novacyt’s NOVAPrep® cytology platform in Greater China markets. …

  • Australia's Macquarie to buy planes from lessor AWAS for $4 bln Reuters - UK Focus - Wed, Mar 4, 2015 00:14 GMT

    Australia's Macquarie Group Ltd will buy 90 aircraft from Dublin-based lessor AWAS Aviation Capital Ltd for $4 billion, building its presence in the Asian plane leasing sector and boosting an income stream that is more predictable than those from financial markets. Macquarie, which has been in the plane business since …

  • Pay gap widens most in North America, Asia -study Reuters - UK Focus - Wed, Mar 4, 2015 00:01 GMT

    The pay gap between senior managers and lower-level employees has widened much more sharply in North America and Asia than in Europe since the financial crisis, a study showed on Wednesday. The report by Hay Group, a global management consultancy, showed that pay disparity between the likes of clerical or graduate-entry …

  • RBS to cut up to 14,000 jobs in investment banking unit -FT Reuters - UK Focus - Tue, Mar 3, 2015 22:25 GMT

    Royal Bank of Scotland is aiming to cut as many as 14,000 jobs in its investment banking units across the United States and Asia, the Financial Times reported. Of the total 18,000 people who work for RBS' ...

  • Oil up as Netanyahu blasts Iran, Libya forces strike terminals Reuters - UK Focus - Tue, Mar 3, 2015 22:25 GMT

    Oil rebounded on Tuesday as Israeli Prime Minister Benjamin Netanyahu warned the Obama administration against accepting a weak nuclear deal with Iran, while rival Libyan forces targeted oil terminals in the African nation. Higher prices imposed by Saudi Arabia on its crude buyers in Asia, the United States and northwest …

  • Irish parliament passes plain tobacco packaging law Reuters - UK Focus - Tue, Mar 3, 2015 18:32 GMT

    Ireland (Other OTC: IRLD - news) on Tuesday became the second country in the world to pass legislation requiring cigarettes to be sold in plain packets, despite threats of legal action by tobacco companies opposed to the move. Japan Tobacco International and Imperial Tobacco (LSE: IMT.L - news) Group have said they …

  • African Minerals said China's Shandong, its partner in the Tonkolili iron ore mine in Sierra Leone, is seeking control of the whole project, after taking on some of African Minerals' debt from banks and demanding immediate repayment last week. London-listed African Minerals, which owns 75 percent of Tonkolili, has been …

  • Japan's NTT Communications buys German data centre operator e-shelter Reuters - UK Focus - Tue, Mar 3, 2015 17:02 GMT

    Japan's NTT Communications Corp said on Tuesday it has agreed to buy German data centre firm e-shelter, becoming Europe's third-biggest operator in the sector from the latest in a series of overseas acquisitions ...

  • Sahara's Grosvenor House hotel in London put up for sale Reuters - UK Focus - Tue, Mar 3, 2015 15:39 GMT

    NEW DELHI/MUMBAI, March 3 (Reuters) - London's landmark Grosvenor House hotel has been put up for sale after its owner, part of troubled Indian conglomerate Sahara which has been trying to raise funds for its jailed boss Subrata Roy, was placed into administration by creditors. Consultant Deloitte said on Tuesday it had …

  • Polaris Consulting & Services Ltd. (NSE and BSE: POLARIS), a leader in solutions and services that enable unprecedented operational productivity for the global Financial Services industry announced today that it has received several top scores in Celent’s IT Services Vendor Landscape For Banking, a series of reports …

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