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  • *Silver prices fall nearly 2 percent. LONDON, July 15- Gold prices fell to four-month lows on Wednesday, extending losses for a third session as Federal Reserve Chair Janet Yellen said the U.S. central bank remains on track to raise interest rates this year. Spot gold was down 0.6 percent at $1,147.43 an ounce at 1402 GMT, while U.S. gold futures for August delivery...

  • *Greece to vote on bailout deal. LONDON, July 15- European shares edged lower on Wednesday on lingering uncertainty over Greece and a tumble in bearings maker SKF after it warned of weaker demand. The pan-European FTSEurofirst 300 index was down 0.1 percent at 1,578.69 points by 0822 GMT, while the euro zone's Euro STOXX 50 index edged 0.2 percent lower.

  • *UK tap-and-go payments have surged in recent years. LONDON, July 14- Apple introduced its mobile payments service to Britain on Tuesday as Barclays became the last major UK bank to sign up for the U.S. tech giant's effort to capitalise on the increasing comfort among British consumers with making tap-and-go purchases. "We actually think that the UK can be our...

  • *Apple Pay says Britain could become its biggest market. LONDON, July 14- Apple introduced its mobile payments service to Britain on Tuesday as Barclays confirmed its participation in the U.S. tech giant's move to capitalise on the increasing number of consumers who are comfortable making tap-and-go purchases. Tap-and-go payments have surged in recent years,...

  • LONDON, July 14- HSBC should have made deeper checks before buying a Swiss private bank that allegedly allowed customers to dodge taxes and a Mexican business that breached anti-money laundering rules, its former chairman said. We didn't get everything right, " Stephen Green told British lawmakers on Wednesday. "We had that reputation sullied by things we didn't...

  • *Stock crash inflicts pain on China- exposed companies across Asia. "If people can't sell in China, the risk is of course that they go elsewhere," said Herald Van Der Linde, head of Asian equity strategy at HSBC. "The anticipation is that they will sell in Hong Kong, in countries where they have large positions, and in markets that have direct exposure to China."

  • MANILA, July 10- Gold scaled higher on Friday, moving further away from a four-month low, as the euro rose on signs of progress in debt-hit Greece's efforts to secure fresh funding. But weak physical demand in top consumers China and India capped price gains, with gold still sold in India at a discount to the global benchmark. "Gold may remain weak in the near term at...

  • MANILA, July 10- Gold held above a four-month low on Friday, spurred by a firmer euro on signs of progress in debt-hit Greece's efforts to secure fresh funding. Prices have been trapped in a tight range with global uncertainties from Greece to China failing to spark safe-haven bids. "Gold may remain weak in the near term at least until physical buyers resurface, in...

  • FACTBOX-Contenders to be Barclays chief executive Thursday, 9 Jul 2015 | 8:48 AM ET

    Morzaria was born in Uganda and moved to Britain in 1971. The British citizen, who graduated in computer science and accounting from Manchester University, is a qualified chartered accountant. He has also worked at Credit Suisse and SG Warburg. Colm Kelleher, Morgan Stanley president of institutional sales: 3/ 1.

  • SEOUL, July 9- South Korea's central bank cut the country's economic growth forecast but kept interest rates steady at a record low on Thursday, cautiously signalling that the economy was still reeling from weak consumption and exports. The Bank of Korea's monetary policy committee left the base rate at 1.50 percent, a decision that was unanimous and widely...

  • LONDON, July 8- China's stock market turmoil is increasingly feeding through to its currency, driving up the cost of hedging against swings in the offshore yuan exchange rate while derivatives markets signal a bias for more weakness ahead. While volatility is low compared to other emerging markets, the implied gyrations are remarkable for a currency which is...

  • LONDON, July 8- British finance minister George Osborne said he would reshape the world's fifth-largest economy by chopping welfare but also announced a new national minimum wage in a budget that reflects an unexpectedly decisive election victory. In the first solely Conservative budget for nearly 20 years, Osborne, a leading contender to succeed Prime...

  • UK Finance Minister George Osborne offered further comfort to banks facing a welter of new rules since the financial crisis by asking their regulator, the Bank of England, to help keep Britain a "highly attractive" location for lenders. Europe's biggest bank, HSBC, has said the levy will be a factor in whether it decides to keep its headquarters in Britain.

  • LONDON, July 8- British finance minister George Osborne said on Wednesday he would reduce a bank levy charged on the assets of financial institutions and replace with it with a surcharge on bank profits. Europe's biggest bank, HSBC, has said the levy will be a factor in whether it decides to keep its headquarters in Britain. Britain's stock market index of banking...

  • *HSBC cuts Asian growth forecast, says export weakness to last. SINGAPORE, July 8- Oil futures fell again on Wednesday as worries over the Greek debt crisis and China's stock market turmoil outweighed an expected U.S. inventory drop, with traders anticipating further drops. China's stocks tanked further on Wednesday in a deepening crisis in which China's...

  • *HSBC cuts Asian growth forecast, says export weakness to last. SINGAPORE, July 8- Oil futures fell again on Wednesday as worries over the Greek debt crisis and China's stock market turmoil outweighed an expected U.S. inventory drop. China's stocks tanked further on Wednesday in a deepening crisis in which China's Securities Finance Corp said it would provide...

  • *Gold extends losses after 1 pct overnight drop. SINGAPORE, July 8- Gold extended losses to trade near its lowest since March on Wednesday as its allure as a safe-haven asset took a hit despite the Greek debt crisis and the tumble in Chinese stock markets. "Gold remains aloof from any safe-haven buying that may be inspired by the ongoing Greek situation," said HSBC...

  • *HSBC cuts Asian growth forecast, says export weakness to last. SINGAPORE, July 8- Oil futures fell again on Wednesday as worries over the Greek debt crisis and China's stock market turmoil outweighed an expected U.S. inventory drop. China's stocks tanked further on Wednesday in a deepening crisis in which China's Securities Finance Corp said it would provide...

  • *China stock markets keep tanking despite new support measures. *HSBC cuts Asian growth forecast, says export weakness to last. SINGAPORE, July 8- Oil futures fell again on Wednesday as worries over the Greek debt crisis and China's stock market turmoil outweighed an expected U.S. inventory drop.

  • Why Europe’s City of Love could gain from Brexit Tuesday, 7 Jul 2015 | 12:38 PM ET

    Paris would “have a card to play” as a new European financial hub should Britons vote to quit the 28-country union, leading players in the city’s financial scene told CNBC.