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  • LAUNCESTON, Australia, March 30- It's somewhat ironic that as Australia ramps up to being the world's biggest exporter of liquefied natural gas, domestic industries are under threat from not being able to source the fuel. A combination of new LNG plants, exploration moratoriums and a successful anti-gas campaign means that industry and residential users in...

  • ZURICH, March 30- Switzerland's Dufry plans to raise around 3.6 billion euros through a mixture of debt and equity financing for its planned takeover of Italy's World Duty Free, Dufry said on Monday. The company expects to raise at least 2.1 billion euros through a rights issue, and up to 1.5 billion euros via long-term debt instruments. On Saturday, Dufry said it...

  • TOKYO, March 30- Japan's government is considering raising income taxes for the wealthy and increasing the inheritance tax if it looks unlikely to reach its goal of returning to a primary budget surplus in 2020, government sources said. Prime Minister Shinzo Abe's government plans to raise the nationwide sales tax to 10 percent from 8 percent in April 2017 to...

  • HONG KONG, March 30- Italian luxury goods company Prada SpA reported its first drop in annual net profit since it listed in Hong Kong four years ago, as growing retail sales in the Americas and Japan failed to offset declines in Greater China and Europe. Like other luxury goods makers, Prada has seen weaker sales in China and Hong Kong amid a government crackdown on...

  • *Shanghai, Hong Kong stocks lead on stimulus hopes. SYDNEY, March 30- Asian stock markets rose on Monday, with China stocks nearing a seven-year peak on hopes for more infrastructure spending and policy stimulus, while oil prices suffered further from excess supply. The Hang Seng China Enterprises Index also added 3.5 percent after China allowed mainland mutual...

  • JGBs slip in volatile trade before fiscal year-end Monday, 30 Mar 2015 | 1:03 AM ET

    TOKYO, March 30- Japanese government bond prices slipped across the board on Monday in volatile trade as investors closed their books before the March 31 domestic fiscal year-end. Traders said liquidity, already low due to the Bank of Japan's regular debt buying operations, has dried up further as many investors opted for the sidelines before the fiscal...

  • NEW YORK, March 30- Private equity firm Warburg Pincus LLC has told investors it will seek to raise a new $12 billion global fund, just two years after amassing a $11.2 billion fund, according to people familiar with the matter. The fundraising comes as other private equity firms such as Blackstone Group LP and Silver Lake Partners LP take between four to six years...

  • NEW YORK, March 30- Fidelity Investments, a major investor in DuPont, has put pressure on activist fund Trian Fund Management LP and the chemical conglomerate to reach a settlement in what it sees as a detrimental proxy fight, according to people close to the matter. Fidelity, whose 2.5 percent stake makes it DuPont's sixth largest shareholder, has not publicly...

  • *Infrastructure stocks surge on China's Modern Silk Road plan. SHANGHAI, March 30- China stocks jumped nearly 2 percent to near seven-year-highs and Hong Kong shares also rose sharply on Monday after Beijing unveiled details of an ambitious plan to construct a modern Silk Road to improve links from Asia to Europe and Africa. The Hong Kong China Enterprises...

  • *Infrastructure stocks surge on China's Modern Silk Road plan. SHANGHAI, March 30- China stocks jumped nearly 2 percent to near seven-year-highs and Hong Kong shares also rose sharply on Monday after Beijing unveiled details of an ambitious plan to construct a modern Silk Road to improve links from Asia to Europe and Africa. The Hong Kong China Enterprises...

  • MELBOURNE, March 30- London nickel slid to its weakest in nearly six years on Thursday, hit by faltering demand for stainless steel and worries that a new tax in Malaysia may push metal into the market. "A weak macroeconomic environment and demand data out of China in combination with worries about the Malaysian tax gave enough ammunition for the shorts to come in,"...

  • NEW YORK, March 30- Ford Motor Co will resurrect the Lincoln Continental as its top-of-the line luxury sedan, betting the classic name will help rebuild the brand's image in the United States and China. Ford's Lincoln will unveil a prototype of the future Continental sedan on Monday ahead of the April 3-12 New York auto show, which will feature many of the...

  • NEW YORK, March 30- When General Motors Co takes the wraps off its new Cadillac CT6 on Tuesday the most important thing about the vehicle could be what is under its skin. The CT6, to be unveiled ahead of the April 3-12 New York auto show, is an expensive car aimed more at boosting Cadillac's brand image than sales volume. Automakers are under pressure in the United...

  • Volvo is in advanced talks with several U.S. states and will announce a location within weeks, Chief Executive Hakan Samuelsson said in embargoed comments made before the announcement. The plant will serve export markets as well as the United States, where Volvo is aiming for a return to annual sales of 100,000 vehicles. The choice of the United States over...

  • SAN FRANCISCO, March 29 (Reuters)- To some Silicon Valley watchers, the Kleiner Perkins Caufield& Byers gender discrimination case became a referendum on the challenging state of women in technology. For Erin Malone, 51, an alternate juror who sat through four weeks of testimony but did not end up deliberating on the verdict, it came down to the credibility of Ellen...

  • China's yuan firms despite weaker midpoint fixing Sunday, 29 Mar 2015 | 11:06 PM ET

    HONG KONG, March 30- China's yuan firmed against the dollar on Monday despite a slightly weaker midpoint set by the central bank. The People's Bank of China set the midpoint rate at 6.1402 per dollar prior to market open, weaker than the previous fix 6.1397. Market participants remain cautious on the yuan's performance in the coming months as weak economic...

  • SINGAPORE, March 30- Brent crude oil prices fell below $56 a barrel on Monday, extending steep losses from the previous session, as Iran and six world powers tried to reach a deal that could add oil to the market if sanctions against Tehran are lifted. International benchmark Brent crude oil futures had dropped to $55.99 by 0224 GMT, down 42 cents since its last...

  • NEW YORK, March 29- U.S. coding site GitHub said on Sunday that it was deflecting most of the traffic from a days-long cyber attack that had caused intermittent outages for the social coding site, with the Wall Street Journal citing China as the source of the attack. "Eighty-seven hours in, our mitigation is deflecting most attack traffic. The Wall Street Journal...

  • *Kikkoman soars on report of impending record operating profit. TOKYO, March 30- Japan's Nikkei share average rose in choppy trade on Monday, recovering from extended lows, while airline shares gained after oil prices extended their losses. What's not priced in the market now is hopes for higher EPS for the next fiscal year, "said Hiroyuki Nakai, chief strategist at...

  • *Iran deal could open new oil supplies to market within months. SINGAPORE, March 30- Oil prices dipped in Asian morning trading on Monday, adding to steep losses in the previous session, as Iran and six world powers tried to reach a deal that could add oil to the market if sanctions against Tehran are lifted. International benchmark Brent crude oil futures were at...