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  • March 12- King Digital Entertainment Plc, best known for the hit mobile phone game Candy Crush Saga, said it expects to price its U.S. initial public offering at between $21 and $24 per share, valuing the company's equity at about $7.56 billion.

  • HONG KONG, March 12- Alibaba Group Holding will not change its partnership structure in order to list on the Hong Kong stock exchange, Executive Vice Chairman Joe Tsai told Reuters in an exclusive interview in Hong Kong on Wednesday.

  • The bourse told investors that they should be careful when dealing in the shares of Ziwo Holdings Ltd and Giken Sakata Ltd.. Shares in Ziwo, which makes materials used in furniture upholstery, rose more than 130 percent over the course of Tuesday and Wednesday, from S $0.04 to as high as S $0.104.

  • MILAN, March 12- Italy's one-year funding costs fell further at auction on Wednesday, marking a new euro lifetime low thanks to continued appetite for short-term debt from weaker euro zone issuers. Italy sold the planned 7 billion euros in bills maturing in March 2015 at an average 0.59 percent yield.

  • Energy XXI to buy EPL Oil & Gas for $2.3 bln Wednesday, 12 Mar 2014 | 6:40 AM ET

    March 12- Energy XXI Ltd said it would buy smaller rival EPL Oil& Gas Inc for $2.3 billion, including debt, to become the largest oil and gas producer on the U.S.

  • March 12- King Digital Entertainment Plc, best known for the hit mobile phone game Candy Crush Saga, said it expects to price its U.S. initial public offering of 22.2 million shares at between $21 and $24 per share. King, founded in Sweden in 2003, will have an equity valuation of $7.56 billion at the top end of the price range.

  • GENEVA, March 12- Global airlines expect to make $1 billion less profit this year than previously hoped, denting a U.S.-led recovery, as the Ukraine crisis pushes up the industry's fuel bills, the International Air Transport Association said on Wednesday.

  • KUALA LUMPUR, March 12- Malaysia's military radar detected what could have been the jetliner missing since Saturday in an area in the northern Malacca Strait, hundreds of miles from the spot where the plane dropped off air traffic screens, the air force chief said on Wednesday.

  • *Asian shares lose ground on economic worries, Ukraine. *Ukraine appeals to West as Crimea turns to Russia. U.S. crude lost $1.43 to trade at $98.60 by 0930 GMT on industry data that showed crude stocks in top oil burner the United States rose more than forecast, signalling a slowdown in demand as the weather improved.

  • LONDON, March 12- Emerging stocks hit a one-month low on Wednesday after fears about China's economy dragged down copper and other commodities, while worries about western sanctions on Russia weighed on the rouble, forcing the central bank to intervene. Concerns also lingered about China's credit sector following its first domestic bond default last week.

  • GLOBAL MARKETS-China worries chill markets, copper slumps Wednesday, 12 Mar 2014 | 5:47 AM ET

    *Shanghai copper futures lowest since 2009, gold hits 5-1/ 2 mth high. LONDON, March 12- A dizzying fall in copper to a near four-year low compounded increasing concern in China over its economic slowdown on Wednesday to send a wave of unease sweeping through world markets.

  • LONDON, March 12- Emerging stocks hit a one-month low on Wednesday after fears about China's economy dragged down copper and other commodities, while worries about western sanctions on Russia weighed on the rouble, forcing the central bank to intervene. Concerns also lingered about China's credit sector following its first domestic bond default last week.

  • BANGKOK, March 12- Thailand's central bank cut its benchmark interest rate by 25 basis points on Wednesday in a bid to spark growth in an sluggish economy hurt by months of political unrest. The Bank of Thailand's Monetary Policy Committee voted 4-3 to cut the one-day repurchase rate to 2.0 percent, a level last seen in late 2010..

  • Italy yields rise as inflation-linked debt sale eyed Wednesday, 12 Mar 2014 | 5:24 AM ET

    *Italy selling new 10- year inflation-linked bonds. LONDON, March 12- Italian bond yields rose further from eight-year lows on Wednesday as Rome launched a new. Italy underperformed top-rated euro zone bonds, which were rallying on growth and credit concerns in China as well as mounting tensions in Russia's standoff with western countries over Ukraine.

  • *Possibility of pick-up in China defaults could slow growth. LONDON, March 12- European shares fell on Wednesday, weighed down by below-forecast earnings reports and fears of more corporate defaults in China as a persistent decline in the copper price hit the mining sector.

  • Campari to buy Canadian whisky company for $170 million Wednesday, 12 Mar 2014 | 5:02 AM ET

    MILAN, March 12- Drinks group Campari has agreed to buy Canada's Forty Creek Distillery for 185.6 million Canadian dollars, the Italian company said on Wednesday.

  • *Risk appetite curbed by worries over China, Ukraine. LONDON, March 12- The Australian dollar and other currencies closely linked to commodities markets struggled on Wednesday after a 5 percent fall in copper prices overnight on fears of fading demand from China.

  • KUALA LUMPUR/ PHU QUOC, Vietnam, March 12- The search for a missing Malaysia Airlines jetliner expanded on Wednesday to cover a swathe of Southeast Asia, from the South China Sea to India's territorial waters, with authorities no closer to explaining what happened to the plane or the 239 people on board.

  • Weaker personal goods, mining shares hit European stocks Wednesday, 12 Mar 2014 | 4:12 AM ET

    LONDON, March 12- European shares fell in early trading on Wednesday, with poor earnings outlook from some companies and concerns about the Chinese credit market hurting sentiment.

  • BANGKOK, March 12- Thailand's central bank cut its benchmark interest rate by 25 basis points on Wednesday in a bid to spark growth in an sluggish economy hurt by months of political unrest. The Bank of Thailand's Monetary Policy Committee voted 4-3 to cut the rate to 2.0 percent, a level last seen in late 2010..