SINGAPORE/ JAKARTA, May 6- Indonesia is expected within days to give a green light to its biggest foreign bank takeover, but sources say the deal conditions are likely to send a very different signal: foreign ownership and bank consolidation are now in the slow lane.
HONG KONG, May 4- New Century Hotel Group, China's biggest privately-owned hotel chain operator, plans to raise up to $300 million in the first initial public offering by a real estate investment trust in Hong Kong in two years, IFR reported on Saturday, citing sources familiar with the plans.
KAMPALA, May 3- Uganda's central bank held its key interest rate at 12 percent for the fifth straight month on Friday, citing upside risks to inflation and positive momentum behind economic growth.
HONG KONG, May 3- Improving first-quarter results from some of China's biggest steel and cement firms suggest that Beijing's economic recovery plan may be starting to filter through into corporate profits.
SYDNEY, May 3- Global miner Rio Tinto Ltd. Initial mandated lead arrangers BNP Paribas and Standard Chartered Bank were allocated $250 million each. Australia and New Zealand Banking Group, Credit Agricole CIB, HSBC, ING Bank, Natixis, Societe Generale.
-0905 Hong Kong Monetary Authority's chief Norman Chan will give a briefing to the Legislative Council Panel on Financial Affairs, and to announce Q1 Exchange Fund Investment Results. -1130 RHB Holdings Hong Kong Ltd and its parent RHB Investment Bank Bhd to hold a media luncheon and to outline the development plans for Hong Kong office.
*Blue-chip Qatar firms expanding around Middle East. Blue-chip bond issuers such as Qatar National Bank and telecommunications operator Ooredoo, formerly known as Qatar Telecom, are leading the M&A drive.
Headlines Standard Chartered chairman to step down from Experian Apple avoids potential $9 billion tax bill Investors fret over Accor's outlook after chief's eviction Shell-backed Iraqi $17 bln gas project gets under way Goldman Sachs criticised over $3 bln Malaysia bond deal Buffett pays $2 bln for control of Israeli group Overview.
-1100 Sino Oil and Gas Holding Ltd. China Orient Asset Management Holding Ltd to hold a news briefing to discuss the recent issue of convertible bonds. -Elec& Eltek International Co Ltd.
*China manufacturing unexpectedly slows in April. LONDON, May 1- Copper slid on Wednesday, extending its deepest monthly drop in almost a year in April, due to concerns over growth in top metal consumer China and in the United States after data suggested the world's two biggest economies remain fragile.
*Copper prices fell 6.4 percent in April. *China manufacturing unexpectedly slows in April. LONDON, May 1- Copper fell on Wednesday, extending its deepest monthly fall in almost a year in April, due to concerns over growth in top metal consumer China after data suggested the world's second-largest economy remains fragile.
*Nickel hits lowest in 3-3/ 4 years after stocks rise to record China manufacturing unexpectedly slows in April. LONDON, May 1- Copper slid on Wednesday, extending its deepest monthly drop in almost a year in April, due to concerns over growth in top metal consumer China and in the United States after data suggested the world's two biggest economies remain fragile.
MUMBAI, May 1- The Reserve Bank of India may sweeten its expected 25 basis point interest rate cut on Friday with a similar reduction in the cash reserve ratio to ease tight market liquidity conditions as increasingly benign inflation gives it room to manoeuvre.
*EU Commission says no "austerity dogma", seeks growth. BRUSSELS/ BERLIN, April 30- Inflation in the euro zone has fallen to a three-year low and unemployment has hit a new record, cementing expectations of an interest rate cut by the European Central Bank later this week.
*EU Commission says no "austerity dogma", seeks growth. BRUSSELS/ BERLIN, April 30- Inflation in the euro zone has fallen to a three-year low and unemployment has hit a new record, cementing expectations of an interest rate cut by the European Central Bank later this week.
*Central bank has trod cautious monetary path this year* Monetary Policy Committee meets on May 3 By Elias Biryabarema. KAMPALA, April 30- Falling food prices slowed Uganda's headline inflation rate in the year to April but analysts still broadly expected the central bank to leave its key lending rate unchanged for a fifth straight month this week.
--Distributor Export Trading Company Holdings, SCPE, which is the private equity arm of British bank Standard Chartered, investment funds Pemgrofund and Carlyle Commodities to acquire joint control of ETC Group. --Dutch insurer Aegon to acquire Spanish bank Santander's insurance subsidiaries Santander Vida and Santander Generales.
BRUSSELS, April 30- Inflation in the euro zone has fallen to a three-year low and unemployment hit a new record, cementing expectations of an interest rate cut by the European Central Bank later this week. "It's a close call, but we expect a rate cut this week," said Sarah Hewin, a senior economist at Standard Chartered Bank.
BRUSSELS, April 30- Inflation in the euro zone has fallen to a three-year low and unemployment hit a new record, cementing expectations of an interest rate cut by the European Central Bank later this week. "It's a close call, but we expect a rate cut this week," said Sarah Hewin, a senior economist at Standard Chartered Bank.
-China Forestry Holdings Co Ltd. final results.- China Kangda Food Co Ltd Q1 results. -SITC International Holdings Co Ltd.