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  • COLOMBO, April 13-- Position: Central Bank. -Mahendran, an Oxford- educated graduate, has nearly 30 years of experience in the financial services industry across Asia, having served in both private companies and public sector organisations. -He holds an MA in Philosophy, Politics, and Economics from Oxford and his most recent position was chief investment officer at...

  • BEIJING, April 13- Following is a breakdown of China's exports and imports with its biggest trade partners.: For the story on March trade data, click. Mar Feb Jan Dec Nov Oct Sep Aug Jul Jun May Apr Mar Feb Jan. Exp 24.9 29.5 35.3 36.6 36.4 37.3 36.7 36.6 35.6 31.5 33.2 31.5 27.1 19.9 33.7 33.3.

  • . Monday, 13 Apr 2015 | 2:34 AM ET
  • easyJet names Halfords-man Findlay as new CFO Monday, 13 Apr 2015 | 2:24 AM ET

    LONDON, April 13- British low-cost airline easyJet named Andrew Findlay as its new chief financial officer, poaching him from bicycle retailer Halfords. The new joiner will start by the end of October 2015, FTSE 100 company easyJet said in a statement on Monday. Findlay has been chief financial officer of Halfords since Feb. 1 2011 and before that was director of...

  • *Australian dollar hit by shock fall in China exports. SINGAPORE/ TOKYO, April 13- The Australian dollar tumbled on Monday after a shock contraction in China's exports added to worries about slowing growth in the world's second-largest economy, while sterling extended its losses to fresh five-year lows. The poor China trade numbers knocked the Australian...

  • TOKYO, April 13- Japan's Nikkei share average ended flat on Monday in choppy trading, with some investors pocketing gains in major stocks such as Toyota Motor Corp after the index touched the key 20,000 level last week. The Nikkei ended flat at 19,905.46 after shifting in and out of positive territory, while the broader Topix underperformed, falling 0.2 percent...

  • April 13- New York Attorney General Eric Schneiderman has written to 13 retailers, including Gap Inc and Target Corp, questioning them about "on-call shifts," a staffing practice under which workers find out just hours before their shift whether or not they need to go in to work. Practices such as on-call scheduling may violate a New York law, according to the letter.

  • Sterling extends losses, plumbs 5-year lows Monday, 13 Apr 2015 | 1:47 AM ET

    SINGAPORE, April 13- Sterling hit a fresh five-year low on Monday, remaining under pressure in the wake of last week's weaker-than-expected industrial data and due to the risk of political uncertainty after an election in Britain next month. Sterling fell to as low as $1.4567, its lowest level since June 2010. The pound last traded at $1.4578, down 0.4 percent on...

  • April 13- The government of Puerto Rico and the hedge funds that own its bonds are seeking help from former International Monetary Fund officials to resolve the country's growing debt crisis, the Wall Street Journal reported. Puerto Rico has retained the IMF's former first deputy managing director, Anne Krueger, as a consultant and a committee representing...

  • BEIJING, April 13- The trial of the former head of CNPC, China's top energy group, began on Monday, with charges of bribery, abuse of power and other corrupt practices making him the latest in a string of top officials hauled into court by an anti-graft campaign. Scores of senior figures in the ruling Communist Party, the military and state-owned enterprises have...

  • TOKYO, April 13- A rally in China's stock markets to seven year highs on Monday kept an index of Asian shares near its highest level since September, as weak Chinese trade data hardened expectations for more economic stimulus measures from Beijing. Exports contracted 15 percent in March from a year earlier, in a surprise drop that left China with a trade surplus of...

  • WILLIAMS: AS ECONOMY IMPROVES, RISK OF FUTURE RETURN TO ZERO RATES IS RECEDING.

  • FED'S WILLIAMS: AS ECONOMY NEARS GOALS, CASE FOR KEEPING RATES LOW FOR LONGER WEAKENS.

  • *Risks of moving too soon and too late seen as more balanced. SAN FRANCISCO, April 13- As the U.S. job market improves, the risk is receding that an unexpected setback could derail the recovery once the Federal Reserve raises interest rates, San Francisco Fed President John Williams told Reuters. "As we go through time, that probability of saying' well, the shocks are...

  • WILLIAMS: MUST WEIGH EARLY, GRADUAL RATE HIKES AGAINST ACTING LATER, MORE AGGRESSIVELY.

  • FED'S WILLIAMS: RIGHT NOW U.S.

  • ITU, Brazil, April 13- The Brazilian iPhone was meant to mark a new era. Foxconn has created only a small fraction of the 100,000 jobs that the government projected, and most of the work is in low-skill assembly. That Brazil has so little to show for the Foxconn investment underscores the shortcomings of its industrial policy, defined by costly tax incentives that...

  • WASHINGTON, April 13- As the United States and Iran come closer to a historic nuclear deal, many U.S. states are likely to stick with their own sanctions on Iran that could complicate any warming of relations between the long-time foes. In more than half those states, the restrictions expire only if Iran is no longer designated to be supporting terrorism or if all...

  • In Hong Kong, the benchmark Hang Seng Index is on track to rise for an eighth consecutive session on hopes of fresh money inflows, while bargain hunters also pushed Shanghai's dollar-denominated B share index up more than 9 percent for the second trading day. "More stimulus measures are needed in the future," said Nie Wen, a strategist at Hwabao Trust in Shanghai.