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  • Rise in Aviva keeps UK's FTSE near record highs Thursday, 5 Mar 2015 | 5:58 AM ET

    *Aviva leads FTSE higher after strong results. Insurer Aviva rose 5.4 percent, the top gainer in the FTSE 100, after reporting a 6 percent rise in 2014 operating profit. "The results are both broadly pleasing and in stark contrast to the travails of recent years, most notably the financial crisis and subsequent dividend cut in 2013," said Richard Hunter, head of...

  • Britain's FTSE steadies near record high, Aviva gains Thursday, 5 Mar 2015 | 4:19 AM ET

    *Blue-chip FTSE 100 index up 0.1 percent. *Aviva leads FTSE higher after strong results. Insurer Aviva rose 4.8 percent, the top gainer in the FTSE 100 index, after reporting a 6 percent rise in 2014 operating profit.

  • Banks brace for U.S. Fed capital buffers inspection Thursday, 5 Mar 2015 | 12:00 AM ET

    WASHINGTON, March 5- The largest U.S. banks and their foreign rivals are facing a tough two-step check-up of their financial health by the Federal Reserve, forcing the firms to get a far better grip on how they measure risk. Next week's review takes a look under the hood of the banks- which Wall Street critics say are "too large to manage"- by scrutinizing whether...

  • *Higher fund flows coming from eastern Europe to Dubai. Swiss-based but Abu Dhabi- owned Falcon would be open to deals covering its core target markets of the Gulf, Eastern Europe, Africa and South East Asia, according to Erich Pfister, who took up the role in January. The last major acquisition by Falcon, which manages around 16 billion francs of assets, was the...

  • LONDON, March 4- Market bets on a revival of euro zone inflation are close to their highest this year as surprisingly strong economic data and imminent European Central Bank money printing ease fears of a deflationary spiral. This followed strong retail sales and data showing inflation in Germany, Spain and Italy may not turn out as low as previously expected.

  • LONDON, March 4- Global business activity picked up last month just as many central banks around the world loosen monetary policy further to try and drive up stubbornly low inflation and revive moribund economies. Growth in China's service industry accelerated and India's expanded at an eight-month high while firms across the euro zone ramped up operations...

  • FOREX-Euro slides ahead of ECB; dollar at 11-year high Wednesday, 4 Mar 2015 | 4:35 AM ET

    LONDON, March 4- The euro crashed through support levels that have held for more than a month on Wednesday, hitting a six-week low under pressure from the imminent launch of outright quantitative easing by the European Central Bank. "Its really the dollar side of the equation that is at stake at the moment," said Daragh Maher, a strategist with HSBC in London.

  • HONG KONG, March 4- China's yuan edged higher on Wednesday after a private survey showed activity in China's services sector grew modestly in February, though the underlying currency trend remained weak. Late on Saturday, the People's Bank of China cut interest rates, its third major easing since late November. On Wednesday, the People's Bank of China set the...

  • *Bank of Canada seen holding policy steady. TOKYO, March 4- Asian shares and the dollar eased on Wednesday as investors grew cautious before upcoming central bank meetings and U.S. jobs data, while India's central bank surprised with its second inter-meeting rate cut this year. MSCI's broadest index of Asia-Pacific shares outside Japan was down about 0.2...

  • BEIJING, March 4- Activity in China's services sector grew modestly in February as new orders rose at their quickest pace in three months, a private survey showed just a few days after the central bank cut interest rates to stimulate the world's second-largest economy. Accounting for 48 percent of China's $10.2 trillion economy last year, the services sector...

  • BEIJING, March 4- Activity in China's services sector grew modestly in February as new orders rose at their quickest pace in three months, a private survey showed just a few days after the central bank cut interest rates to stimulate the world's second-largest economy. Official surveys showed on Sunday that growth in the services sector picked up to 53.9 last...

  • *Europe shares dip off lows as Vivendi weighs. China rate cut helps lift Asian equities, gold. LONDON, March 2- European shares slipped from seven-year highs on Monday, weighed down by merger activity in the telecoms sector, while Asian stocks edged up after China cut interest rates at the weekend.

  • China steps up policy easing, India uses fiscal levers. BENGALURU/ SYDNEY, March 2- Global stimulus is swelling, with China cutting interest rates ahead of disappointing factory data and the European Central Bank set to start government bond purchases just as data hints the euro zone economy may be picking up. Central banks from Switzerland to Turkey, Canada and...

  • *Domestic demand already driving Hungary, Poland. WARSAW, Mar 2- Central Europe's manufacturing expanded in February, a series of reports showed, and an expected economic recovery in the euro zone, the region's largest export market, should help it continue to grow. The Purchasing Managers' Index for manufacturing in Poland, the region's biggest economy, eased...

  • *China rate cut helps lift Asian shares, gold. LONDON, March 2- European shares clung to seven-year highs on Monday, lifted by merger activity in the telecoms sector, while Asian stocks edged up after China cut interest rates at the weekend. German manufacturing activity expanded further in February as new order rose, according to Markit's final purchasing...

  • *China Feb PMI edges up to 7- mth high- HSBC. Brent crude was down 38 cents at $62.20 a barrel by 0645 GMT after an 18 percent gain in February, the largest monthly rise since May 2009. Manufacturing activity in China edged up to a seven-month high in February, HSBC's survey showed.

  • *China steps up policy easing, India uses fiscal levers. SYDNEY, March 2- The tide of global stimulus is swelling as China cut interest rates and India launched an expansionary budget over the weekend, even as a mixed bag of manufacturing surveys underlined the challenges facing the region. There was better news from the private HSBC/ Markit version of the PMI on...

  • *China Feb PMI edges up to 7- mth high- HSBC. SINGAPORE, March 2- Oil stayed in the red on Monday on supply concerns despite partly recovering from earlier losses after a private business survey showed an improvement in China's manufacturing sector in February. HSBC's survey on private business showed that activity in China's factory sector edged up to a...

  • BEIJING, March 2- Activity in China's factory sector edged up to a seven-month high in February but export orders shrank and deflationary pressures persisted, a private business survey showed, adding to the view that yet more interest rate cuts will be needed. The People's Bank of China cut interest rates on Saturday, in the latest effort to support the economy as...

  • Survey shows China manufacturing improving Sunday, 1 Mar 2015 | 10:49 PM ET

    BEIJING— China's manufacturing activity improved in February for the first time in four months but export demand weakened, a survey released Monday showed. HSBC's manufacturing index based on a survey of factory purchasing managers rose to 50.7 from January's 49.7. The HSBC survey, conducted by Markit Economics, found growth in output and total new orders...