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  • Judge allows case against Stanford banks to go on Tuesday, 21 Apr 2015 | 6:58 PM ET
    Allen Stanford arrives at the Bob Casey Federal Courthouse in Houston on March 5, 2012.

    A judge has upheld most claims in a lawsuit against banks accused of playing a role in financier Allen Stanford's Ponzi scheme.

  • China, whose economy is slowing fast but whose stocks are rising faster, whipsawed investors in recent days. "It's a political goal to create wealth effects in both A- and H-share markets, so that Beijing can utilize the stock market to stimulate innovation and entrepreneurship and channel liquidity to the real economy to hedge economic downside risk," China...

  • *Aberdeen worried about some speculative activity in China stocks. *BlackRock: China needs more reforms to avert boom-bust scenarios. SINGAPORE, April 21- Aberdeen Asset Management's head of Asian operations warned on Tuesday that Chinese money was moving "a bit like a casino" in domestic stock markets, while BlackRock called on China to reform its capital...

  • *Blue-chip FTSE 100 finishes 0.8 pct higher. LONDON, April 20- Mining stocks helped Britain's top share index rebound on Monday after China moved to support stuttering growth in the world's biggest consumer of metals. The FTSE 350 mining index rose 2 percent, the top sectoral gainer, after China cut the amount of cash that banks must hold as reserves.

  • LONDON, April 20- Mining stocks helped Britain's top share index rebound on Monday, benefiting from stimulus measures in China to support stuttering growth in the world's biggest consumer of metals. The FTSE 350 mining index rose 1.7 percent, the top sectoral gainer, after China cut the amount of cash that banks must hold as reserves to help combat a slowdown in...

  • Britain's FTSE gains as China stimulus boosts miners Monday, 20 Apr 2015 | 7:26 AM ET

    LONDON, April 20- Mining stocks helped Britain's top share index rebound on Monday, benefiting from stimulus measures in China to support stuttering growth in the world's biggest consumer of metals. The FTSE 350 mining index rose 1.7 percent, the top sectoral gainer, after China cut the amount of cash that banks must hold as reserves to help combat a slowdown in...

  • REUTERS BUSINESS SCHEDULE AT 2000 GMT / 4:00 p.m. ET Sunday, 19 Apr 2015 | 4:50 PM ET

    ATHENS- Euro zone deputy finance ministers will meet midweek ahead of a Eurogroup finance ministers' gathering two days later, a Greek government official tells Reuters, as Athens and its creditors continue to seek a deal on reforms to unlock aid. BOJ's Kuroda says Japan inflation to' gradually accelerate' toward target. WAYZATA, Minn.- Bank of Japan Governor...

  • *UK tax rise will cost pair $2 bln/ yr and may rise again. LONDON, April 19- HSBC and Standard Chartered are looking at the viability of quitting London for a new home in Asia because a big jump in a tax on UK banks makes staying in Britain increasingly painful. "There is a very clear risk that HSBC and StanChart reach a pain threshold where they think it is no longer worth...

  • Gold ends higher after US inflation data Friday, 17 Apr 2015 | 3:05 PM ET

    Gold edged back above $1,200 an ounce but stayed on track for a second straight weekly drop as a run of downbeat U.S. data fueled uncertainty.

  • *This could take at least two years- MSCI researcher. *Benchmark inclusion could attract up to $24 billion- HSBC. The move is likely to start the process of incorporating Saudi Arabia into major equity indices by the likes of MSCI, and this could attract as much as $24 billion in foreign capital, according to one estimate.

  • Tech, media and telecoms M&A hits 9-year high Friday, 17 Apr 2015 | 5:21 AM ET

    LONDON, April 17- Worldwide dealmaking in the technology, media and telecoms sectors is at its highest level year-to-date since 2006, buoyed by Nokia's 15.6 billon euro bid for Alcatel-Lucent this week, Thomson Reuters data shows. So far this year, deals worth $245.8 billion have been struck globally in TMT, accounting for a combined 23 percent of worldwide M&A...

  • *Apollo deal could be debt for equity swap. LONDON, April 16- Steel trading firm Stemcor, one of the UK's largest private companies, could be taken over by U.S. distressed investment fund Apollo, as part of a $2 billion debt restructuring, according to banking and industry sources. A deal with Apollo would be a classic debt for equity swap, in which Apollo would write off...

  • Hong Kong stocks rise as more China inflows expected Thursday, 16 Apr 2015 | 4:11 AM ET

    "Investors should continue to build positions in Hong Kong due to its extremely low valuation, relative market isolation and significant underperformance compared with its Chinese comrades," Hong Hao, chief strategist with BOCOM International, wrote on Thursday. HSBC said in a report that Chinese mutual funds could raise 500 billion yuan from local...

  • SHANGHAI, April 16- Nearly five months after the People's Bank of China signalled the start of an easing cycle with its first interest rate cut since 2012, real borrowing rates are finally falling. "Money is cheap again," said Zhang Gang, senior stock analyst at Central Securities in Shanghai, and a senior trader at a big state-owned bank agrees.

  • SHANGHAI, April 16- China stocks rose sharply on Thursday, erasing early losses, as the red-hot market brushed off the authorities' unease over the levels of margin trading in a market that has jumped 27 percent this year. The Shanghai branch of China's central bank has ordered commercial lenders to check for risks in their margin trading business, and submit...

  • HONG KONG, April 16- Hong Kong banks have started to cut yuan deposit rates following robust southbound trading flows under a stock connect scheme between Shanghai and the former British colony. The flow of funds into Hong Kong is expected to shore up the shrinking offshore yuan pool, which has been under pressure as the weakness of the Chinese currency had...

  • Forget China, this market is Asia's sweet spot Wednesday, 15 Apr 2015 | 7:57 PM ET
    Currency dealers monitor exchange rates in a dealing room at the Korea Exchange Bank in Seoul, South Korea.

    China stocks remain in the spotlight, but some analysts believe another Asian market offers better opportunities: South Korea.

  • BEIJING, April 15- China grew at its slowest pace in six years at the start of 2015 and weakness in key sectors suggested the world's second-largest economy was still losing momentum, intensifying Beijing's struggle to find the right policy mix to shore up activity. Gross domestic product grew an annual 7.0 percent in the first quarter, slowing from 7.3 percent...

  • Aussie property’s bubbly days are numbered: Goldman Tuesday, 14 Apr 2015 | 11:32 PM ET

    Australian property prices are looking bubbly, but the surge may soon hit a wall due to few births, high mortality and sparse migration, Goldman said.

  • LONDON, April 13- The European Commission will meet bond market players in the next few weeks to discuss how to avert potentially disorderly market "flash crashes" when interest rates start to rise, EU and industry sources said. Although plans by the European Union executive for a Capital Markets Union to help companies access market funding include measures to...