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  • NEW YORK, Oct 12- U.S. investment firms are readying the first line of exchange-traded funds designed to give American investors access to China's swelling onshore bond market, which has been largely closed off to foreigners. At least four fund managers- Deutsche Bank AG, Global X Funds, KraneShares and Van Eck Global- have outlined plans to launch China onshore...

  • *China to offer data hints about its growth prospects. LONDON, Oct 12- China's economy, the second largest in the world, gets a spot check this week with a barrage of data due that should indicate how successful Beijing has been in supporting growth. The International Monetary Fund, for example, has lowered its growth expectations for this year and next in Europe,...

  • Britain's ring-fence a new hurdle for bank directors Sunday, 12 Oct 2014 | 4:00 AM ET

    LONDON/ DUBLIN, Oct 12- Britain's major lenders may find it hard to hire dozens of directors that are required as part of a radical reshape of the industry aimed at protecting it from future investment bank crashes. Britain wants banks such as HSBC, Barclays and the UK arm of Spain's Santander to ring fence their retail units from their wholesale operations,...

  • SHANGHAI, Oct 10- Hong Kong shares tumbled nearly 2 percent on Friday on weakness in global equity markets plus jitters over a possible flare-up in pro-democracy protests in the city. The China Enterprises Index of the top Chinese listings in Hong Kong fell 1.7 percent. The financial sector fell, erasing gains from Thursday, with Industrial and Commercial Bank...

  • *China to publish GDP data on Oct 21. BEIJING, Oct 10- China's economy likely grew at its weakest pace in more than five years in the third quarter as a property downturn weighed on demand, a Reuters poll showed, raising the chances of more aggressive policy steps that may include cutting interest rates. The government is due to release September data on trade, bank...

  • SHANGHAI, Oct 10- Hong Kong shares slid on Friday afternoon, heading for their biggest percentage decline in two weeks on weakness in overseas markets and jitters over a possible flare up in pro-democracy protests in the city. The China Enterprises Index of the top Chinese listings in Hong Kong fell 1.7 percent. "The Hong Kong stock market is just following the...

  • LONDON, Oct 9- Britain is unlikely to sell any more of its remaining 25 percent stake in Lloyds Banking Group until the bailed-out lender is cleared to pay dividends again, banking and political sources told Reuters. Without regulatory approval to pay dividends, Lloyds shares are not expected to rise to a level that would enable UK Financial Investments, which...

  • World Bank launches public-private infrastructure plan Thursday, 9 Oct 2014 | 9:25 AM ET

    WASHINGTON, Oct 9- The World Bank on Thursday launched a new initiative that would bring together governments, development institutions and private investors to form public-private partnerships for infrastructure. "We have several trillions of dollars in assets represented today looking for long-term, sustainable and stable investments," World Bank...

  • UK hires banks for first renminbi bond Thursday, 9 Oct 2014 | 4:21 AM ET

    Britain's finance ministry said it had appointed Bank of China, HSBC and Standard Chartered to help organize the first sale of British government debt denominated in China's renminbi currency.

  • SHANGHAI, Oct 9- Hong Kong shares finished higher on Thursday, buoyed by gains in global markets on expectations that the Federal Reserve would keep interest rates low for a longer period. The financial sector performed well, with Industrial and Commercial Bank of China rising 0.6 percent, China Construction Bank climbing 1.6 percent and HSBC Holdings PLC...

  • SHANGHAI, Oct 9- China shares retreated on Thursday as investors booked profits after a key index hit a 20- month high the previous day and ahead of major economic data next week. The Hang Seng Index gained 0.9 percent to 23,477.84 points, while the China Enterprises Index of the top Chinese listings in Hong Kong rose 0.7 percent. "The main reason behind the fall is...

  • Burberry’s Bailey tops LGBT business ranking Wednesday, 8 Oct 2014 | 7:49 PM ET
    Christopher Bailey attends the Serpentine Gallery Summer Party at The Serpentine Gallery in London.

    Burberry CEO Christopher Bailey has come top in a new ranking of the world’s top lesbian, gay, bisexual, and transgender business leaders.

  • Dollar slides to two-week low vs euro on Fed minutes Wednesday, 8 Oct 2014 | 3:34 PM ET

    The dollar fell to a two-week low against the euro on Wednesday after the minutes of the latest Fed meeting focused on risks to the U.S. economy.

  • White House monitored JPMorgan breach with alarm Wednesday, 8 Oct 2014 | 2:55 PM ET

    More than three months after the JPMorgan breach, the source of the hacking is still unclear, The New York Times reports.

  • Spot gold higher after FOMC minutes; futures end lower Wednesday, 8 Oct 2014 | 2:30 PM ET

    Gold extended gains as growing concerns over the global economy prompted safe-haven bids, while the return of China also lifted prices.

  • Europe shares fall on growth fears, Ebola Wednesday, 8 Oct 2014 | 12:20 PM ET
    RANKFURT/MAIN, Germany: A trader sitting in front of a chart displaying German share index DAX gestures as he speaks on the phone

    European shares closed mostly lower on Wednesday, as fears over global growth and the Ebola virus spooked investors.

  • *Gold ekes out small gain, set for third daily rise. *China returns from holiday, premiums tick higher. NEW YORK/ LONDON, Oct 8- Gold pared gains sharply on Wednesday to trade only slightly higher after bullion failed to break its one-week high at $1,220 an ounce following a rally driven by global economic worries.

  • *Hong Kong down on weak overseas markets. The Hang Seng Index fell 0.7 percent to 23,253.06 points by midday while the China Enterprises Index of the top Chinese listings in Hong Kong was off 0.8 percent. "The latest property policy had some impact on the performance of the sector today," said Du Changchun, analyst at Northeast Securities in Shanghai, referring to...

  • *Brent drops as low as $90.76/ bbl, WTI hits $87.39/ bbl. The International Monetary Fund on Tuesday cut its global economic growth forecasts for the third time this year, warning of weaker growth in core eurozone countries, Japan and big emerging markets like Brazil. Brent for November delivery fell $1.18 to $90.93 by 0426 GMT, after hitting $90.76 earlier in the...

  • China services sector growth weakens in September Tuesday, 7 Oct 2014 | 11:52 PM ET
    A vendor prepares for the opening of the Hong Kong Jewelry and Gem fair at the convention and exhibition center.

    Growth in China's services sector weakened slightly in September as new business cooled, reinforcing signs of a slowdown in the economy.