LONDON- UK Treasury Chief Secretary Danny Alexander delivers speech setting out' his vision for Scotland to remain as an integral and full member of the United Kingdom' at Chatham House. MADRID- Central Bank of Peru Governor Julio Velarde speaks about monetary policy and macroeconomic stability at an event devoted to promoting investment in the country.» Read More
Views put Carney on dovish side of Monetary Policy Committee. LONDON, March 11- Bank of England Governor Mark Carney signalled he was not concerned that Britain's economy was close to overheating, despite a strong recovery since last year, putting himself in the dovish camp among policymakers.
*Modi attracts regional allies, Congress defectors. NEW DELHI, March 11- Opposition challenger Narendra Modi's hunt for allies to emerge from India's April-May election with a coalition large enough to rule is gaining momentum, with regional politicians flocking to team up with his Hindu nationalist Bharatiya Janata Party.
*Ukraine tension, China growth outlook weigh on sentiment. LONDON, March 11- World stocks held steady, the euro edged down and oil and gold nudged up on Tuesday as traders kept a wary eye on tensions between Ukraine and Russia and the pace of growth in China.
March 11- Diagnostics company Myriad Genetics Inc said a U.S. court denied a motion that would have stopped rival Ambry Genetics Corp from selling a similar version of Myriad's cancer test. The company had filed a complaint against Ambry in the U.S. District Court of Utah last July, alleging that Ambry's tests infringed some of its patents.
OECD SEES Q/Q ANNUALISED GERMAN GDP GROWTH OF 3.7 PCT IN Q1, 2.5 PCT IN Q2.
PARIS, March 11- The recovery in developed economies is on track although slowing activity in big emerging markets means global growth will be only moderate at best in the near term, the OECD said on Tuesday.
OECD SAYS GROWTH IN MAJOR ADVANCED ECONOMIES WILL BE "SOMEWHAT SLOWER" IN FIRST HALF OF 2014 THAN SECOND HALF OF 2013.
OECD SEES Q/Q ANNUALISED G7 GDP GROWTH OF 2.2 PCT IN Q1, 2.0 PCT IN Q2.
OECD SAYS ECB AND BOJ SHOULD MAINTAIN MONETARY STIMULUS, FED RIGHT TO WIND DOWN BOND-BUYING PROGRAMME.
OECD SEES Q/Q ANNUALISED U.S.
OECD SAYS SUB-PAR GROWTH IN EMERGING ECONOMIES MEANS GLOBAL GROWTH WILL BE ONLY MODERATE IN NEAR TERM.
OECD SEES Q/Q ANNUALISED JAPANESE GDP GROWTH OF 4.8 PCT IN Q1, BOOSTED BY CONSUMER SPENDING AHEAD OF SALES TAX HIKE.
MUMBAI/ LONDON, March 11- Indian drugmaker Ranbaxy Laboratories Ltd is in talks with at least two companies on sourcing ingredients for a generic version of AstraZeneca Plc's heartburn drug Nexium, a source said, to ensure the pills can be sold in the United States.
KUALA LUMPUR, March 11- Malaysia's military believes it tracked a missing jetliner by radar over the Strait of Malacca, far from where it last made contact with civilian air traffic control off the country's east coast, a military source told Reuters. It made it into the Malacca Strait, "the military official, who has been briefed on investigations, told Reuters.
PARIS, March 11- Following are updated forecasts from the Organisation for Economic Cooperation and Development for growth in the world's main developed economies in the first and second quarters of 2014. The GDP forecasts are for annualised, quarter-on-quarter growth and are based on GDP releases and high-frequency indicators published up to March 10.
*Traders eye China economic data for selling opportunities. SYDNEY/ LONDON, March 11- China's first domestic bond default has brought to the fore investors' fears that financing deals that have locked up vast quantities of copper could unravel and erode one of the market's main underpinnings.
*Spain's de Guindos hints at extra round of talks. BRUSSELS, March 11- European ministers haggled over how to build a safety net for failing banks on Tuesday, redoubling efforts to avoid an embarrassing delay to the euro zone's centrepiece crisis reform. "This is important for the signal it sends to markets," said Spain's Economy Minister Luis de Guindos.
*France says sanctions on Russia could come this week. LONDON, March 11- Brent oil futures rose above $108.50 a barrel on Tuesday, supported by building tensions in the Ukraine crisis as the West threatened sanctions against Russia as early as this week.
KIEV, March 11- Seven decades after the end of World War Two, the ghosts of that conflict are being evoked in an ideological as well as geopolitical battle over the future of Ukraine. This has changed during three months of crisis in Ukraine and as it tries to hold on to the Crimea region, where power now lies in the hands of Russian separatists and Russian forces.
FRANKFURT, March 11- The European Central Bank will press banks to change the models they use to predict losses and take account of its views on asset valuation if the ECB is unhappy with their risk assessment, signalling an aggressive stance in its review of the bloc's lenders.