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  • Following the sharpest outflows in 18 months in December, portfolio inflows in January were expected to tally $18 billion, with bond investment rising to $14 billion and $4 billion going into stocks, the Washington- based finance industry body said in its monthly report. The recovery was at its strongest in Latin America, followed by Asia, while foreign...

  • *Dollar up on surprise monetary easing in Singapore. LONDON, Jan 28- Gold eased on Wednesday as the dollar steadied on expectations the Federal Reserve is unlikely to deliver significant changes to its policy outlook, though concerns about the global economy might push back the timing of a rate rise. "I don't think we can expect a big change in the Fed's policy...

  • Jan 28- Health insurer Anthem Inc's quarterly profit more than tripled due to a rise in enrollments. The company's net profit rose to $506.7 million, or $1.80 per share, in the fourth quarter ended Dec. 31 from $148.2 million, or 49 cents per share, a year earlier. Excluding items, the company earned $1.73 per share.

  • Jan 28- Telecom equipment maker CommScope Holding Co Inc said it will buy Swiss electronics firm TE Connectivity's network equipment business for about $3 billion in cash to expand in Europe and Asia. The transaction is expected to close by the end of 2015.. The deal will add to CommScope's adjusted earnings in excess of 20 percent by the end of the first full year...

  • TOKYO, Jan 28- Japan's Canon Inc reported a slight increase in fourth-quarter profit, with a weaker yen and rising sales of office equipment countering difficulties faced by its camera division. Operating profit for the three months to Dec. 31 rose 5.4 percent year on year to 98.5 billion yen, the company said on Wednesday. That was slightly less than analysts'...

  • STOCKHOLM, Jan 28- Sweden's central bank may be the next to adopt unconventional policies to fight falling prices, but it is unlikely to match the impact of others as the bond market is small, yields are low and banks are already flush with cash. The U.S. Federal Reserve and Bank of England have taken similar steps. While growth in Sweden looks relatively solid at an...

  • Oil producer Cenovus Energy cuts 2015 capital spending Wednesday, 28 Jan 2015 | 6:14 AM ET

    Jan 28- Cenovus Energy Inc, Canada's No. 2 independent oil producer, cut its capital spending budget for 2015 in response to the slump in crude oil prices. The company said it could defer capital spending of up to C $700 million until oil prices recover. Cenovus announced in December a capital budget of C $2.5 billion- C $2.7 billion for this year, about 15 percent lower...

  • METALS-Copper edges higher ahead of Fed meeting Wednesday, 28 Jan 2015 | 6:12 AM ET

    *Copper down 13 percent in the year-to-date. LONDON, Jan 28- Copper rose on Wednesday, rebounding further from 5-1/ 2- year lows as the dollar eased off highs and traders took the opportunity to buy at still low prices ahead of the conclusion of a Federal Reserve meeting. Copper is still down 13 percent so far this month, extending a 20 percent loss registered over 2013...

  • *Sale of stake in Greece's biggest utility halted. ATHENS, Jan 28- Prime Minister Alexis Tsipras promised "radical" change on Wednesday as his new government swiftly moved to roll back key parts of Greece's international bailout, prompting a third day of losses on financial markets. Even before the first meeting of the new cabinet, ministers had hit the airwaves to...

  • LONDON, Jan 28- The Nigerian naira plumbed new record lows on Wednesday on weaker oil prices and fears of election-linked turmoil, while most other emerging currencies also retreated on expectations of monetary easing. "We are now in a bull secular trend for the dollar... which means all currencies suffer," TD Securities strategist Cristian Maggio said.

  • RIO DE JANEIRO, Jan 28- Brazil's Petrobras reported a third-quarter unaudited net profit on Wednesday of 3.09 billion reais after its board said it was impractical to estimate the value of expected charges against earnings related to a corruption scandal. Petroleo Brasileiro SA, as the state-run oil company is formally known, said it was exploring ways to...

  • SHANGHAI, Jan 28- Apple Inc is steering clear of Chinese rival Xiaomi Inc's low-price online strategy, ramping up store openings in China to harness its premium edge and fend off the fast-growing No.3 global smartphone maker. "In the long run Xiaomi is more of a threat to Apple than say Samsung," said Ben Thompson, analyst at Stratechery.com. Instead, Apple plans to...

  • Wanted: Asia-focused banker for StanChart's top spot Wednesday, 28 Jan 2015 | 5:34 AM ET

    HONG KONG, Jan 28- Standard Chartered Plc is seeking a leader with a tough-to-find mix of Asian experience and regulatory clout as it kicks off the search for a successor to CEO Peter Sands, investors, bankers and headhunters told Reuters. The list of potential candidates is wide and includes Piyush Gupta, CEO of Singapore- based DBS, outgoing Westpac CEO Gail Kelly,...

  • LONDON, Jan 28- Stocks and the dollar retrenched on Wednesday amid speculation the Federal Reserve will take a dovish turn in its post-meeting statement later in the day. European shares gave back early gains, after stumbling for the first time in nine sessions on Tuesday, and after record profits for Apple and a surprise rate cut in Singapore had bolstered Asian...

  • *CEO says Roche committed to Switzerland despite franc rise. While cross-town rival Novartis has said it will review its Swiss cost base, Roche Chief Executive Severin Schwan said his company had no plans to move operations. "I continue to believe that Switzerland and Basel offer a very good framework for our business," Schwan told reporters.

  • Putin eyes benefits as rebels gain in Ukraine Wednesday, 28 Jan 2015 | 5:09 AM ET

    *Fighting has surged in eastern Ukraine. *Putin blames Kiev but could see gains. MOSCOW, Jan 28- Boxed into a corner by a financial crisis and the West's refusal to drop sanctions over the conflict in Ukraine, Russian President Vladimir Putin has come out fighting.

  • TOKYO/ OSAKA, Jan 28- Japanese video game maker Nintendo Co on Wednesday issued a profit warning with a silver lining- even as it sells fewer consoles, the sharp weakening of the yen means overseas sales will inflate its net income this fiscal year. While operating profit still grew nearly 50 percent in October-December from a year earlier, the third quarter is...

  • MOSCOW, Jan 28- The Russian central bank expects banks' earnings to drop to around 200 billion to 300 billion roubles in 2015, First Deputy Governor Alexei Simanovsky said on Wednesday.

  • Europe stocks dip; Greek shares extend retreat Wednesday, 28 Jan 2015 | 4:46 AM ET

    PARIS, Jan 28- European shares dipped in early trading on Wednesday, with Greek stocks extending their sell-off sparked by the victory of leftwing Syriza party in Sunday's election. Shares of Greek utility PPC and Greece's biggest port, Piraeus Port Authority, fell by 6.6 and 8.3 percent respectively after the new government said it would freeze privatization...

  • RUSSIAN CENTRAL BANK EXPECTS RETAIL LENDING GROWTH TO SLOW, COULD BE CLOSE TO ZERO IN 2015- FIRST DEPUTY GOVERNOR.