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Standard Chartered PLC

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  • SGX to launch physically-backed gold contract Wednesday, 25 Jun 2014 | 1:13 AM ET
    Signage for the SGX Centre, which houses the Singapore Exchange Ltd headquarters.

    The Singapore Exchange said it will launch a physically deliverable gold contract to meet demand in Asia, the top consumer of the precious metal.

  • This market’s in a sweet spot thanks to Apple Tuesday, 24 Jun 2014 | 7:05 PM ET
    An attendee holds an Adata Technology power bank charger during the Computex Taipei 2014 expo.

    In a sluggish year for Asian exporters, Taiwan's economy and stock market are in a "sweet spot" thanks to Taiwan's position in the tech supply chain.

  • Tough times for luxury retail in China Thursday, 19 Jun 2014 | 10:32 PM ET

    Luxury retailers in China are suffering amid an anti-corruption drive and uncertain economic outlook and they're unlikely to recover anytime soon.

  • SHANGHAI/ SYDNEY, June 18- China's CITIC Resources Holding Ltd said on Wednesday a court has been unable to secure more than 100,000 tonnes of alumina stored at Qingdao port, deepening fears that firms exposed to a metals financing scam at the port could face big losses.

  • SHANGHAI, June 18- Chinese commodities trader CITIC Resources Holding Ltd said on Wednesday that more than 100,000 tonnes of alumina stored at Qingdao port was missing, deepening fears that firms exposed to a metals financing scam at the port could face big losses.

  • *Lack of finance a major hurdle for Africa's development. *World Bank leading program to promote credit bureaus. LUSAKA/ LAGOS, June 17- When Joyce Musonda wanted to start a business two years ago selling kitchen tiles from her backyard in an up-and-coming district of Zambia's capital of Lusaka, she braced herself for a battle to find a start-up loan.

  • China's fine-tuning adds up to stimulus by stealth Sunday, 15 Jun 2014 | 7:29 PM ET

    China's gradual monetary policy loosening may be discreet, but the cumulative effect is proving just as powerful as an outright cut in bank reserves.

  • China's fine-tuning adds up to stimulus by stealth Sunday, 15 Jun 2014 | 5:00 PM ET

    BEIJING, June 16- China's piecemeal approach to loosening monetary policy this year may be discreet, but the cumulative effect is proving just as powerful as an outright cut in bank reserves.

  • ACCRA, June 13- Rising bond yields, mounting inflation and a weakening currency have taken the shine off Ghana, a country until recently hailed as a model for African growth.

  • HONG KONG/ QINGDAO, China/ SYDNEY, June 13- The trail that led investigators to a suspected metal financing scam at China's Qingdao port which has spooked Western banks and hit global metals prices began with a Communist Party corruption probe 1,000 miles away in the old Silk Road city of Xining.

  • HONG KONG, June 11- At least two global banks involved in commodity financing in China have asked some clients to shift copper and aluminum, used as collateral for loans, to better regulated warehouses, three sources with direct knowledge of the matter said. Standard Chartered and South Africa's Standard Bank had already contacted clients, two sources said.

  • HONG KONG, June 11- At least two global banks involved in commodity financing in China have asked some clients to shift copper and aluminium, used as collateral for loans, to better regulated warehouses, three sources with direct knowledge of the matter said. Standard Chartered and South Africa's Standard Bank had already contacted clients, two sources said.

  • NEW DELHI, June 11- India's exports increased at the fastest pace in six months in May, in a boost for Prime Minister Narendra Modi's new government as it signaled a loosening of gold import rules and a push to improve trade ties with the United States.

  • Hong Kong regulators tense about China loans Wednesday, 11 Jun 2014 | 1:04 AM ET

    A surge in business loans to the slowing mainland Chinese economy has prompted Hong Kong regulators to impose strict financial rules.

  • FED FOCUS-Dove-hawk tradeoff could mean earlier rate rise Wednesday, 11 Jun 2014 | 1:00 AM ET

    *Timing of tightening could hinge on shrinking portfolio. *Comments by Dudley, Plosser hint at compromise in works. SAN FRANCISCO/ NEW YORK, June 11- A possible tradeoff between opposing camps at the U.S.

  • World Cup predictions: The latest growth industry Tuesday, 10 Jun 2014 | 10:06 AM ET

    The advent of the World Cup seems to have brought summer's "silly season" forward by a couple of months.

  • *CITIC Resources says probe may hit metal it owns at China's Qingdao port. SHANGHAI/ HONG KONG, June 10- China is investigating a private metals trading firm over a suspected metal financing scam at Qingdao port, police sources said, as CITIC Resources Holdings Ltd warned that metal it owns at the port may be affected by the probe.

  • *StanChart says not pulling out of China commod financing. LONDON, June 10- Copper dropped to a one-month low on Tuesday as an investigation into metal financing in China prompted concern that a crackdown could hit trade in the metal, while aluminum and zinc retreated from multi-month highs as traders cashed in on recent gains.

  • *Says probe may hit metal it owns at China's Qingdao port. HONG KONG June 10- CITIC Resources Holdings Ltd said on Tuesday that metal it owns at Qingdao port may be affected by a probe into suspected fraud, the latest firm caught up in a scandal that has raised broader worries about the risks of metal financing in China.

  • HONG KONG, June 10- CITIC Resources Holdings Ltd said on Tuesday that metal it stores at China's Qingdao port may be affected by a probe into suspected fraud, the latest in series of global banks and trading houses potentially caught up in the scandal.