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  • *Hong Kong unrest saps risk appetite. LONDON, Oct 1- Stocks worldwide began the fourth quarter on a negative note on Wednesday, as lacklustre economic data and civil unrest in Hong Kong kept investors cautious before a European Central Bank meeting later this week. Federal Reserve on the one hand and the European Central Bank and Bank of Japan on the other.

  • *Hong Kong unrest saps risk appetite. LONDON, Oct 1- Stocks worldwide began the fourth quarter on a negative note on Wednesday, as lacklustre economic data and civil unrest in Hong Kong kept investors cautious before a European Central Bank meeting later this week. Federal Reserve on the one hand and the European Central Bank and Bank of Japan on the other.

  • "Given its size, economic potential and its strategic position between China and India, Myanmar is forecast to be one of the fastest growing economies in the region over the medium term," Andrew Geczy, CEO of international and institutional banking for Australia and New Zealand Banking Group, said in a statement.

  • JGBs mixed as BOJ refrains from buying superlong bonds Wednesday, 1 Oct 2014 | 5:09 AM ET

    TOKYO, Oct 1- Japanese government bond prices were mixed on Wednesday ahead of the next session's 10- year auction, with superlong JGBs extending losses. Contrary to some market participants' expectations, the Bank of Japan did not offer to buy any superlong JGBs under its massive JGB purchase program.

  • MOSCOW, Oct 1- The Russian rouble weakened on Wednesday after the Central Bank conducted its first overnight rouble-dollar swap operation to boost banking liquidity. This was the first time the market used the mechanism that the Central Bank introduced on Sept. 16.

  • Russian bank VTB says "not afraid" to invest in Mechel Wednesday, 1 Oct 2014 | 3:33 AM ET

    MOSCOW, Oct 1- Andrei Kostin, the head of VTB Bank, one of Russia's largest, said on Wednesday the lender was "not afraid" of investing into debt-laden coal and steel producer Mechel. He also said he was sure that Russian banks would find the necessary funds to service Mechel's $1 billion borrowed from a syndicate of Western banks.

  • HONG KONG, Oct 1- Some banks and other financial firms have begun moving staff to back-up premises on the outskirts of Hong Kong to prevent growing unrest in the financial hub from disrupting trading and other critical functions, two business services firms said.

  • MOSCOW, Oct 1- Russia's Central Bank will look into possible attempts at market manipulation through reports about the bank mulling the introduction of capital controls, TASS news agency reported on Wednesday. The Central Bank denied a media report on Tuesday that Russia was weighing the introduction of temporary capital controls.

  • Myanmar awards first licenses to foreign banks Wednesday, 1 Oct 2014 | 3:04 AM ET

    YANGON, Myanmar— Myanmar awarded licenses Wednesday to the first foreign banks allowed to operate in the country in a half-century. Lenders from Japan, China and Australia were among the nine banks to receive licenses in a reform implemented after Myanmar emerged from dictatorship.

  • YANGON, Oct 1- Myanmar has granted nine foreign banks, including three Japanese lenders and Australia's ANZ, approval to operate on a limited basis- a move aimed at spurring foreign investment in an economy emerging from decades of military rule.

  • *NPLs unsustainable in Romania, Bulgaria, Croatia, Serbia. LONDON, Sept 30- The ECB's health check of European banks could force some lenders to rethink their strategy in central and eastern Europe and even withdraw from parts of the region, according to the European Bank for Reconstruction and Development's new regional banking expert.

  • BUCHAREST, Sept 30- Romania's central bank cut its benchmark interest rate to a new record low of 3 percent on Tuesday, as benign inflation gave it room to help an economy that has dipped into recession.

  • DUBAI, Sept 30- Gulf banks are feeling the pinch of rapidly shrinking corporate loan margins, with some predicting a bounce in lending rates as soon as the first half of 2015 as the escalating price war bites into profitability.

  • ECB under pressure as inflation falls again Tuesday, 30 Sep 2014 | 5:01 AM ET

    LONDON— Inflation across the 18 euro countries dipped further toward zero in September, piling pressure on the European Central Bank to pull the trigger on its biggest stimulus weapon— a large-scale program to create new money.

  • Albania borrows $150 million to improve power grid Tuesday, 30 Sep 2014 | 6:10 AM ET

    TIRANA, Albania— The World Bank is lending Albania $150 million to help overhaul its dysfunctional state-run power sector and pay for electricity imports from other Balkan states.

  • MUMBAI, Sept 30- The Reserve Bank of India sent a strong signal on Tuesday that it will refrain from cutting interest rates until it is confident that consumer inflation can be reduced to a target of 6 percent by January 2016.

  • European shares inch higher early; RBS jumps Tuesday, 30 Sep 2014 | 3:11 AM ET

    PARIS, Sept 30- European shares inched higher in early trading on Tuesday, led by shares of Royal Bank of Scotland after the UK lender cut provisions for bad loans.

  • MUMBAI, Sept 30- India's central bank kept its key policy repo rate unchanged at 8.0 percent on Tuesday, as widely expected, while warning of risks to its target to bring consumer inflation down to 6 percent by January 2016.

  • Peru's central bank to trim reserve rules in October Monday, 29 Sep 2014 | 7:48 PM ET

    LIMA, Sept 29- Peru's central bank on Monday said it will lower the reserve requirement for deposits held in soles to 10.5 percent from 11 percent starting in October. The central bank has loosened reserve rules several times over the past year to boost liquidity in the local currency and to encourage sluggish economic growth.

  • SAO PAULO, Sept 29- Bank workers in Brazil plan to begin a nationwide strike on Tuesday for an indefinite period after talks with commercial banks collapsed over pay rise demands for this and next year. Unions from about 50 different regions encompassing Brazil's largest metropolitan areas will join the strike, the statement said.

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