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  • NEW YORK, March 18- More than half of the 17 senior managing directors working in Blackstone Group LP's mergers and acquisitions advisory arm may leave as the business is combined with the advisory firm headed by star Wall Street investment banker Paul Taubman, according to people familiar with the matter. Since he left a senior role at Morgan Stanley in 2012 to...

  • HONG KONG, March 18- Chinese banks have extended Evergrande Real Estate Group 100 billion yuan in credit, as the slump in China's key real estate sector extends to one of the biggest and most indebted property developers. Evergrande, China's fourth largest property developer by sales, said the credit lines had been extended by four state-owned banks since...

  • March 18- Business sentiment at Asia's top companies remained upbeat at the start of 2015 with Indian companies turning in the region's most positive outlook for the fourth straight quarter, buoyed by confidence in Prime Minister Narendra Modi's economic reform agenda. Optimism was tempered by firms in China, where the government expects economic growth to...

  • March 18- Concern over a U.S. interest rate hike kept sentiment in check at some of Asia's biggest firms, as optimism about the outlook for business over the next six months was near steady in the first quarter, a Thomson Reuters/ INSEAD survey showed. The Thomson Reuters/ INSEAD Asian Business Sentiment Index was 71 for the March quarter versus 72 three months...

  • *India, Thailand most optimistic; China, Singapore least. SHANGHAI, March 18- Concern over a U.S. interest rate hike kept sentiment in check at some of Asia's biggest firms, as optimism about the outlook for business over the next six months was near steady in the first quarter, a Thomson Reuters/ INSEAD survey showed. The Thomson Reuters/ INSEAD Asian Business...

  • NEW YORK, March 17- Alibaba Group Holding Ltd's blockbuster IPO has been followed by a steady slide in its stock price, which options market players do not expect to abate, with nearly a fifth of its shares to be released for trading on Wednesday. "It's a subtle but important sign that investors are more fearful," said Adam Sarhan, chief executive of Sarhan Capital in...

  • LONDON, March 17- A 15 percent rally in European shares this year has driven valuations to seven-year highs, leading investors to seek whatever bargains are left in distressed sectors such as banks and mining. The rally, fuelled by the European Central Bank's asset-purchase progamme, has pushed the average price-to-book multiple on the STOXX Europe 600 index...

  • CARACAS, March 16- Venezuela said on Monday it has paid off its 1 billion euro Global 2015 bond, the first foreign debt maturity in a year of heavy bond payments that have stretched the OPEC nation's coffers amid a period of low oil prices. "Venezuela in 2015 will continue, despite lower oil prices... to fulfill its international obligations, one by one," he said in a...

  • *Iran sanctions may end by June. NEW YORK, March 13- Global oil prices tumbled on Friday and fell 9 percent on the week, hit by a renewed rally in the dollar and a warning by the International Energy Agency that the oil glut is growing. Benchmark Brent oil settled near a one-month low below $55 a barrel and U.S. crude settled near a 2-1/ 2 month low under $45.

  • *Wall St off for week, European stocks rise for 6th week. NEW YORK, March 13- The dollar powered higher yet on Friday, pressuring stocks and commodities, on expectations of a Federal Reserve interest rate hike that could slow U.S. corporate profits. "The stronger dollar, the continued hammering of the euro equals continued lower equity prices ahead of the Fed comments...

  • Institutional investors shifted focus from Europe's massive bond-buying program that drove a rally in Treasuries to next week's meeting of Federal Reserve policymakers, who may move closer to ending an era of near-zero U.S. interest rates. "The market's consolidating," said Kim Rupert, managing director of global fixed income at Action Economics in San...

  • March 13- Billionaire investor Bill Ackman said some people hired by a consulting group working for his hedge fund had received subpoenas from federal agencies investigating possible manipulation of Herbalife Ltd's stock. Herbalife's shares rose more than 15 percent after the Wall Street Journal reported late on Thursday that federal prosecutors and...

  • By Anne Marie Roantree and Patturaja Murugaboopathy March 13- Hong Kong retailers' sales in January were the lowest since 2003 and revenue growth this year will likely be the slowest in at least four years, hit by a drop in visitors from the mainland who have been put off in part by rising hostility among Hong Kongers. Fifteen listed Hong Kong retailers with a...

  • "In January 2015, UBS was added to an ongoing putative class action against other banks in federal court in New York on behalf of a putative class of persons that transacted in physical silver or a silver financial instrument priced, benchmarked, and/or settled to the London silver fix at any time from January 1, 1999 to an unspecified date," UBS said in the report.

  • NEW YORK, March 13- Corporate America's profit engine may be running out of steam. This year's U.S. profit estimates have fallen sharply in recent months to a mere 1.7 percent growth, Thomson Reuters data shows, as analysts cut already gloomy forecasts for energy company earnings and the dollar keeps climbing, hurting U.S. exporters, including multinationals.

  • The Voya Corporate Leaders Trust Fund, now run by a unit of Voya Financial Inc bought equal amounts of stock in 30 major U.S. corporations in 1935 and hasn't picked a new stock since. Some of its holdings are unchanged, including DuPont, General Electric, Procter& Gamble and Union Pacific. Others were spun off from or acquired from original components, including...

  • NEW YORK, March 12- U.S. The benchmark 10- year note was last off 1/ 32 and yielding about 2.11 percent, according to Thomson Reuters data. Gains for other maturities narrowed after the U.S. Treasury Department sold previously issued 30- year bonds at a yield of 2.681 percent to soft demand, Treasury data showed.

  • TORONTO, March 12- Technology companies look set to supplant energy and mining firms as the driver of Canadian initial public offerings this year as global optimism about tech startups boosts valuations and spurs early investors to cash out. "In the next 12 to 24 months, you're going to finally see the most significant volume of Canadian tech IPOs you've seen in...

  • NEW YORK, March 12- U.S. The Commerce Department reported shortly after the start of New York trading that U.S. retail sales had unexpectedly fallen for a third straight month in February. "There's been good buying since we got very, very disappointing retail sales," said Justin Lederer, an analyst at Cantor Fitzgerald in New York.

  • *Wall St coming off extended decline. *Intel shares fall after lowered outlook. NEW YORK, March 12- U.S. stocks rose in a broad rally on Thursday, with banking stocks among the biggest gainers of the day, though tech shares were pressured by a weak outlook from Intel.