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*South Africa and Ghana ratings downgraded this year. JOHANNESBURG, Oct 31- One is considered a rising African star, the other has been stuck in the economic doldrums since the global financial crisis- for Ghana and South Africa, investor perceptions could not be more different.
LONDON, Oct 31- Citigroup has put its head of European spot currency trading in London, Rohan Ramchandani, on leave, as a global investigation into possible manipulation of foreign exchange rates gathers steam, a source familiar with the matter said on Thursday.
*Foreign banks can participate in asset-backed notes pilot. HONG KONG, Oct 31- Chinese regulators have expanded a pilot plan allowing banks to package loans into tradable securities to include foreign banks, sources said. Chinese Premier Li Keqiang told a cabinet meeting in late August that China would aggressively expand the securitisation of credit assets.
JP Morgan has put its chief currency dealer in London, Richard Usher, on leave, and Bloomberg reported Citigroup had done the same.
LONDON, Oct 31- The cost to banks of cleaning up past misdeeds has soared over $100 billion and is leaving lenders running scared from areas that put them in potential danger of upsetting regulators.
LONDON, Oct 30- JP Morgan has put its chief currency dealer in London, Richard Usher, on leave, a source familiar with the matter said on Wednesday, and Bloomberg reported Citigroup Inc had done the same with its chief dealer.
NEW YORK, Oct 30- A federal judge has made it easier for the trustee seeking money for Bernard Madoff's victims to pursue more than $8 billion of claims against banks and other financial firms that received money from "feeder funds" that profited from the swindler's massive Ponzi scheme.
LONDON, Oct 30- JP Morgan has put its chief currency dealer in London, Richard Usher, on leave, a source familiar with the matter said on Wednesday. Usher, head of spot G10 currency trading, joined JP Morgan from Royal Bank of Scotland in May 2010.
BEIJING, Oct 30- China's manufacturing activity in October likely grew at its fastest rate since April 2012, a Reuters poll showed, adding to signs of a stabilisation in the world's No.2 economy as the government readies a series of key economic reforms.
LONDON, Oct 29- Standard Chartered has put one of its senior currency traders in London on leave, a source familiar with the matter said on Tuesday. The source said the move was "completely unrelated" to his activities at Standard Chartered. UBS and Standard Chartered declined to comment.
*Inventory financing growing 10-20 pct a year- Deutsche Bank. LONDON, Oct 29- Booming commodity trade financing in Asia is a rare bright spot for Western banks, forced to withdraw from other areas of commodities due to tougher regulation and capital constraints.
*Hong Kong, Africa strong; Korea, Singapore weak. HONG KONG, Oct 29- Profits at Asia-focused Standard Chartered Plc fell in the third quarter, hit by weakness in its troubled South Korea business, falling Asian currencies and a slowdown in investment banking.
HONG KONG, Oct 29- Asia-focused Standard Chartered Plc said its operating profit grew at a low single-digit rate so far this year, with the third quarter hammered by the poor performance of its South Korea business and falling emerging-market currencies.
*Expansion into Asia paying off. SYDNEY, Oct 29- Australia and New Zealand Banking Group Ltd reaped gains from its focus on Asia to book a fourth straight year of record profits and offered a better-than-expected dividend payout, sending its shares to an all-time high.
HONG KONG, Oct 29- Asia-focused Standard Chartered Plc said its operating profit so far this year grew at a low single-digit rate, with the third quarter weighed down by depreciation in emerging markets currencies and market volatility. The bank, which is listed in both Hong Kong and London, does not publish third-quarter profit figures.
But Britain's biggest domestic lender Lloyds Banking Group will buck the trend by reporting a sharp rise in third-quarter profit, benefiting from the improving health of the UK economy.
MUMBAI, Oct 29- India's central bank is expected to raise policy interest rates for the second time in as many months on Tuesday to fight stubbornly high inflation, while rolling back further emergency measures put in place recently to support the slumping rupee.
LONDON, Oct 25- Following are five big themes likely to dominate thinking of investors and traders in the coming week, scheduled events, and the Reuters stories related to them. *Bank of Japan/New Zealand/Egypt central bank decisions Oct. 31. *India central bank monetary policy review/ Hungary rate decision Oct. 27.
NEW YORK, Oct 24- NQ Mobile Inc shares plummeted on Thursday, their biggest daily decline ever, after the noted short seller Muddy Waters Research Group called the company a "massive fraud," charges the company said it "rejects as false."
NEW YORK, Oct 24- NQ Mobile Inc shares plummeted in their biggest daily decline ever on Thursday after Muddy Waters Research Group started coverage of the company with a "strong sell" rating, calling it a "massive fraud." The mobile Internet services company, which is based in Beijing, but has U.S. offices in Dallas, did not immediately return requests for a comment.