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  • *China signals stimuli for economy. Treasury debt prices were mostly little changed on Monday, with longer-dated maturities giving back some gains from last week, as equity markets rose on signs China was moving to bolster its massive economy. Stocks, which often move inversely from bonds in prices, surged to seven-year highs in China, helped by Beijing's...

  • *China shares hit seven-year high on new Silk Road project. NEW YORK, March 30- The dollar rose and global equity markets surged on Monday on merger and acquisition activity among drugmakers on both sides of the Atlantic, while Chinese stocks hit a seven-year high on an ambitious government plan to create a modern Silk Road. Earlier, China unveiled details of an...

  • That half-century-old rock classic from The Troggs might serve as the theme song of Animal Planet. "Our viewers get that we're about people now," says Marjorie Kaplan, group president of Animal Planet as well as TLC and Velocity. " Polar adventurers Eric Larsen and Ryan Waters set out to traverse the Arctic Ocean from Northern Ellesmere Island to the geographic...

  • TREASURIES-Prices ease as Wall Street rallies Monday, 30 Mar 2015 | 10:26 AM ET

    *China signals stimuli for economy. Treasury debt prices softened on Monday, giving back some gains from last week as equity markets rose on signs China was moving to bolster its massive economy. Stocks, which often move inversely from bonds in prices, surged to seven-year highs in China, helped by Beijing's unveiling of an ambitious plan to build a modern Silk...

  • *New railways target Uganda, Rwanda, Burundi, Congo. Oil discoveries in Kenya and Uganda and gas finds in Tanzania have turned east Africa into an exploration hotspot for oil firms but transport infrastructure in those countries has suffered from decades of under-investment. Sitta said the railway network would meet the huge demand for the transportation of...

  • ISTANBUL— Turkish Airlines said it diverted an Istanbul- to- Sao Paulo flight with 256 people aboard to Morocco after finding a note with the word "bomb" in the toilet. Turkish Airlines says it is standard procedure to make an emergency landing under such circumstances. The airline said a similar incident occurred Sunday on an Istanbul flight to Tokyo.

  • *Shanghai, Hong Kong stocks lead on stimulus hopes. LONDON, March 30- Shares rose on Monday with Asian stocks buoyed by hopes for stimulus to boost China's economy, but the euro slipped on renewed concern about Greece's finances. Earlier, Chinese stocks surged to seven-year highs, helped by Beijing's unveiling of an ambitious plan to build a modern Silk Road to...

  • SHANGHAI, March 30- Chinese stocks surged to seven-year highs on Monday, while the Hong Kong market posted its biggest daily gain in two months, as investors bet more infrastructure spending and policy stimulus would re-energise China's cooling economy. China's main indexes, the CSI300 and the Shanghai Composite Index, both jumped nearly 3 percent to the...

  • MSCI's emerging equity index rose 0.8 percent, lifted by China stocks jumping almost 3 percent on hopes that more infrastructure spending and policy stimulus will re-energise a cooling economy and boost profits. "China' stocks surged to yet another year-to-date high on the back of market expectations that the PBoC might provide even more monetary policy...

  • *Shanghai, Hong Kong stocks lead on stimulus hopes. Chinese stocks surged to seven-year highs, helped by Beijing's unveiling of an ambitious plan to build a modern Silk Road to Europe and Africa and signs from People's Bank of China Governor Zhou Xiaochuan that added to expectations of more monetary policy easing. "China's economy is under relatively big...

  • The CSI300 index of the largest listed companies in Shanghai and Shenzhen rose 2.9 percent, to 4,088.18 points, while the Shanghai Composite Index gained 2.6 percent, to 3,786.57 points. Infrastructure-related shares climbed 5.6 percent after Beijing unveiled details of an ambitious plan to improve links from Asia to Europe and Africa.

  • *Infrastructure stocks surge on China's Modern Silk Road plan. SHANGHAI, March 30- China stocks jumped nearly 2 percent to near seven-year-highs and Hong Kong shares also rose sharply on Monday after Beijing unveiled details of an ambitious plan to construct a modern Silk Road to improve links from Asia to Europe and Africa. The Hong Kong China Enterprises...

  • *Infrastructure stocks surge on China's Modern Silk Road plan. SHANGHAI, March 30- China stocks jumped nearly 2 percent to near seven-year-highs and Hong Kong shares also rose sharply on Monday after Beijing unveiled details of an ambitious plan to construct a modern Silk Road to improve links from Asia to Europe and Africa. The Hong Kong China Enterprises...

  • BEIJING, March 29- China's President Xi Jinping said he hoped its annual trade with the countries involved in Beijing's plan to create a modern Silk Road would surpass $2.5 trillion in a decade. Projects under the plan include a network of railways, highways, oil and gas pipelines, power grids, Internet networks, maritime and other infrastructure links across...

  • March 28- China will encourage local companies to issue bonds overseas to fund projects to create a modern Silk Road, a plan to boost connectivity across Asia for which it has created a $40 billion fund, according to a framework agreement released on Saturday by the official Xinhua news agency. The so-called "One belt, One road" initiative to link Asia to Europe and...

  • BENGHAZI, Libya, March 27- Forces loyal to a rival Libyan government controlling the capital Tripoli have withdrawn from frontline bases near the country's biggest oil ports, a spokesman said on Friday, raising hopes the ports might soon be reopened. A Tripoli official said the internationally recognised government and the rival administration, which have...

  • BENGHAZI, Libya, March 27- Forces loyal to a rival Libyan government controlling the capital Tripoli have withdrawn from frontline bases near the country's biggest oil ports, a spokesman said on Friday, raising hopes the ports might soon be reopened. A Tripoli official said the internationally recognised government and the rival administration, which have...

  • With big projects, Ethiopia shedding famine stereotype Friday, 27 Mar 2015 | 11:52 AM ET

    ADDIS ABABA, Ethiopia— Ethiopia's planned new airport on the outskirts of the capital is still years from becoming a reality but Tewodros Dawit can already envision how grand it will look. Britain, long a source of charitable aid for Ethiopia, announced last month that Ethiopia's growing economy means the time has come for "transitioning support toward...

  • JOHANNESBURG, March 27- South African utility Eskom fired 1,000 workers at a power plant on Friday and its chief executive failed to overturn his suspension, worsening the turmoil at the company. Africa's most advanced economy is suffering its most severe power shortage since 2008 as state-owned Eskom struggles to keep the lights on. "The application is struck...

  • JOHANNESBURG— About 1,000 workers have been fired following an illegal strike that has halted construction at an already delayed but much needed power plant in South Africa, a spokesman for the state-owned power utility said on Friday. The illegal strike led to a day and half's work lost at Medupi, one of three new power plants expected to end rolling blackouts...