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  • KUALA LUMPUR, Feb 13- Malaysian state fund 1 MDB has settled in full a 2 billion ringgit loan it owed local banks, its executive director Arul Kanda said on Friday. The loan repayment should ease pressure on the ringgit and Malaysia's credit outlook. The loan was owed to the country's largest bank Malayan Banking Bhd, smaller lender RHB Capital Bhd and others.

  • BEIJING, Feb 13- A Chinese antitrust regulator said on Friday pricing tactics in the nation's e-commerce sector will be probed to ensure a "fair" market, likely putting new scrutiny on companies such as Alibaba Group Holding Ltd and JD.com Inc.. The comments come just two weeks after another government regulator, the State Administration for Industry and...

  • *Policymakers eye rate, RRR cuts, weaker yuan to support growth. *Aim to keep economic growth around 7 percent this year. BEIJING, Feb 13- Chinese authorities will cut interest rates, increase liquidity and tolerate some currency weakness to ensure the economy grows around 7 percent this year, as they try to head off deflation and keep employment strong enough to...

  • UPDATE 1-Bank of England may look into HSBC tax case Friday, 13 Feb 2015 | 5:25 AM ET

    LONDON, Feb 13- The Bank of England may look into allegations that Europe's biggest bank HSBC helped clients to avoid paying tax, a top BoE official said on Friday. "The allegations around HSBC raise serious issues around HSBC's conduct," Jon Cunliffe, the BoE's deputy governor for financial stability, told BBC radio. The Bank of England's Prudential Regulation...

  • LAGOS, Feb 13- Trading on Nigeria's foreign exchange market will be delayed until after 10 a.m. on Friday to allow dealers to submit demand for dollars to the central bank, the head of the Financial Market Dealers Association said. The central bank will then inject dollars into the market in what FMDA president David Adepoju described as "a special forex auction".

  • OSLO, Feb 13- Norway's Statoil is moving ahead with plans to develop a giant $29 billion oil field, Europe's costliest offshore energy project, expecting to produce some of the world's cheapest oil that will be profitable even after the recent price crash. Statoil said on Friday it would start the Johan Sverdrup field in the North Sea by 2019 and expected to...

  • LAGOS, Feb 13- Trading on Nigeria's foreign exchange market will be delayed until after 10 a.m. on Friday to allow dealers to submit demand for dollars to the central bank, the head of the Financial Market Dealers Association said. The central bank will then inject dollars into the market in what FMDA president David Adepoju described as "a special forex auction".

  • ZTE's efforts to collect patent royalties- months ahead of Qualcomm Inc's China antitrust settlement this week, according to people with knowledge of the matter- shows how that deal has already changed the way China's booming smartphone industry does business. As anticipated by ZTE, a key term in the settlement dissolved Qualcomm's cross-licensing...

  • MOSCOW, Feb 13- The rouble was stronger on Friday and Russian shares rose, helped by a peace agreement to end the war in Ukraine and a rise in oil prices to $60 per barrel. The reaction of the rouble was relatively muted, however, reflecting the impact of a large foreign debt repayment by oil company Rosneft, and doubts about how soon Western sanctions against Russia...

  • BEIJING, Feb 13- New yuan loans issued in China more than doubled in January to surge to a 5-1/ 2- year high of 1.47 trillion yuan, trumping market expectations as the government ramped up efforts to avert a sharper economic slowdown. Total social financing, a broader measure of overall liquidity in the economy, also jumped 21 percent from December to 2.05 trillion...

  • MALAYSIA'S 1 MDB SAYS IT HAS SETTLED 2 BILLION RGT LOAN IN FULL AHEAD OF DEADLINE- STATEMENT.

  • *Sees 2015 core profit $6.5- 7.0 bln from $7.2 bln in 2014. BRUSSELS, Feb 13- ArcelorMittal, the world's largest producer of steel, warned on Friday of lower profits this year but surprised the market by managing to cut its debt to the lowest level since the company was created in 2006.. The company, which produces about 6 percent of the world's steel, said it expected...

  • LONDON, Feb 13- Oil rose above $60 a barrel on Friday for the first time this year, bringing its gain this week to almost 4 percent, supported by signs that deeper industry spending cuts may curb excess supply. The price of Brent crude collapsed from $115 in June to $45.19, the lowest in almost six years, in January due to oversupply. Brent for April delivery was up 76...

  • Forecast-beating German GDP sends DAX to record high Friday, 13 Feb 2015 | 4:41 AM ET

    *ArcelorMittal rises as details on debt reassure. PARIS, Feb 13- European shares rose in early trading on Friday, with robust growth figures from Germany sending the country's blue-chip DAX index to a record high. National Bank of Greece was up 16 percent and Bank of Piraeus up 14 percent, while the leading ATG index gained 6.6 percent.

  • GLOBAL MARKETS-German growth stunner cheers markets Friday, 13 Feb 2015 | 4:27 AM ET

    LONDON, Feb 13- A forecast-smashing growth reading from Germany sent stock markets higher and low-rated bond yields lower on Friday, putting global equities on track for a second straight week of gains. The news added to optimism over Greece's debt stand-off with its creditors, as Prime Minister Alexis Tsipras agreed to meet their representatives ahead of a...

  • BEIJING, Feb 13- China's economy extended 1.47 trillion yuan in new loans in January, beating analysts' expectations in a lending surge not seen since mid-2009. Outstanding loan growth stood at 13.9 percent, the People's Bank of China said. However, analysts cautioned about reading too much into economic indicators for January alone, given the strong seasonal...

  • BEIJING, Feb 13- China's total social financing, a broad measure of liquidity designed to also capture some lending outside of traditional banking, was 2.05 trillion yuan in January, the central bank said.

  • *Dividend unchanged at 85 cents per share. LONDON, Feb 13- Global miner Anglo American took a $3.9 billion writedown after commodity prices tumbled and it warned on Friday of more headwinds, but a steady dividend reassured investors. The company, however, left unchanged its dividend at 85 cents a share after cutting $500 million in overhead costs.

  • *German GDP numbers, ECB ruling on Greece aid euro. LONDON, Feb 13- The euro edged higher on Friday, putting it on course for a third straight week of gains, its best performance in just under a year against a dollar weakened this week by some softer U.S. economic numbers. "It is really telling that all of this debate around Greece has not sent the euro spiraling lower," said...

  • MOSCOW, Feb 13- Russian Economy Minister Alexei Ulyukayev said on Friday he hoped Western sanctions on Moscow could soon be lifted following a ceasefire agreement reached in the Belarussian capital Minsk. "I am deeply convinced that there are opportunities to remove these problems. I think all sides, especially businesses, are tired of this regime, "Ulyukayev...