MEXICO CITY, Aug 22- Foreign direct investment to Mexico was $9.7 billion in the first six months of 2014, a decline of 59 percent from the same period last year, the Mexican Economy Ministry said on Friday.» Read More
*Sale could raise $10- $20 billion- analysts. HONG KONG, March 24- State-run oil giant China Petroleum and Chemical Corp aims to wrap up the sale of up to 30 percent of its sprawling marketing buiness in the third quarter of this year, a restructuring analysts say could raise $10- $20 billion.
March 24- Herbalife Ltd, a nutritional products maker, said it would nominate three additional Carl Icahn designees to its board. Herbalife, which is being investigated by the Federal Trade Commission, earlier this month postponed its annual shareholders' meeting to April 29 to continue discussions with Icahn about new board nominees.
*Ukraine crisis, Libya keep oil market wary. LONDON, March 24- Brent crude oil slipped on Monday, weighed down by Chinese data pointing to lower demand in the world's biggest energy consumer, but supported by worries that the Ukraine crisis and turmoil in Libya could hit oil supplies. Brent crude for May was down 30 cents at $106.62 a barrel by 0930 GMT.
OCBC SEES FAIRLY SIGNIFICANT ORGANIC GROWTH IN GREATER CHINA MARKET.
OCBC SAYS SINGAPORE NEW MORTGAGE VOLUME DOWN 40 PCT; IMPACT ON BALANCE SHEET PROBABLY FELT IN 2 H 2015.
SINGAPORE, March 24- Oversea-Chinese Banking Corp Ltd, Singapore's second-biggest lender, said a relaxation of Chinese bank ownership rules could prompt it to raise its stake in Bank of Ningbo Co Ltd to above 20 percent.
MANILA, March 24- Southeast Asia is unlikely to hit a target of integrating its 10 economies by 2015, but the group has much potential to be a trading hub for Asia once it fully creates an economic community, the Philippines' finance chief said on Monday.
OCBC "QUITE INTERESTED" IN RAISING INVESTMENT IN BANK OF NINGBO IF CHINA RELAXES OWNERSHIP RULES.
MOSCOW, March 24- The head of Russian state conglomerate Rostec, Sergei Chemezov, joined Uralkali's board of directors on Monday, Uralkali said, signalling greater government influence in the world's largest potash producer. Chemezov, a powerful ally of President Vladimir Putin, was nominated in February and may become Uralkali's board chairman.
*Euro gives up France- fuelled gains. LONDON, March 24- European shares edged lower on Monday after further signs of a slowdown in China, although robust data from France and Germany limited their decline.
LONDON, March 24- The euro struggled to extend gains on Monday, hurt by evidence that growth in the euro zone's largest economy, Germany, was slowing, though investors were also wary of buying the dollar as they awaited more evidence of a U.S. recovery.
*China's lower-than-expected PMI weighs on sentiment. PARIS, March 24- European stocks slipped in early trade on Monday, trimming last week's lofty gains, as data showing China's manufacturing activity contracted in the first quarter of 2014 revived worries over the outlook for global growth.
RUSSIA'S URALKALI SAYS ELECTS HEAD OF RUSSIAN STATE CONGLOMERATE ROSTEC, SERGEI CHEMEZOV, TO ITS BOARD.
LONDON, March 24- The pace of growth among euro zone private businesses has barely slowed from February's 2-1/ 2 year high this month, but firms were forced to slash prices again to maintain the momentum, surveys showed on Monday.
MANILA, March 24- The Philippine finance minister said he will push mining companies to pay bigger shares of their revenue to the government even though the industry maintains that taxes are already too high and higher ones could kill the business. President Benigno Aquino, seeking to raise revenue from mining, has met stiff resistance.
*Departure comes amid probe of JPMorgan's hiring practices. HONG KONG, March 24- JPMorgan Chase& Co's chief executive for China investment banking, Fang Fang, will leave the firm, according to an internal memo- a departure that comes amid a probe of JPMorgan hiring practices in Asia. A spokesman for JPMorgan declined to comment.
*Analysts fear concessions affecting Nokia's patent income. HELSINKI, March 24- Nokia does not expect to close the sale of its phone business to Microsoft until April as talks with Asian regulators drag on, it said on Monday, fuelling speculation it may have to make more concessions to get the deal done.
*Keeps upbeat view on Japan economy, exports. KITA-KYUSHU, Japan, March 24- Bank of Japan Deputy Governor Kikuo Iwata warned on Monday that inflation staying below 1 percent for a long period of time was "dangerous" as it heightened the risk of deflation.
LONDON, March 24- Weak Chinese economic data weighed on European equity markets on Monday, although German carmaker BMW rose to outperform after it benefited from a broker upgrade.
*China's growth seen around govt target of 7.5 pct this year. *Public finance reforms vital to addressing China's debt problems.