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Asia Top News and Analysis Ukraine

  • *Warsaw's commitment to coal expansion lowers risk for investors. WARSAW/ LONDON, April 25- Many Western banks and finance institutions have pledged to divest from coal, but this has not stopped at least one Polish utility that is expanding its use of the fossil fuel from securing funding through banks and the European Investment Bank. Furthermore, the...

  • Gina Miller has raised 300,000 pounds in a week through crowd-funding for a campaign to support tactical voting in Britain's June 8 election. Her group, Best for Britain, said Wednesday it will fund candidates from any party who promise to keep "all options open" for Britain's exit from the European Union and are willing to vote against a bad deal.

  • *Spot gold may fall to $1,200/ oz- Julius Baer. LONDON, April 26- Gold recovered from a two-week low on Wednesday as speculators locked in some profit from recent losses, but some analysts expect further weakness due to easing political risks. "It's either profit taking from those who went short or bargain hunting from people who think the fall was too much, but I...

  • LONDON, April 26- A 3- foot giant rabbit has died on a United Airlines flight from London, prompting a review at the Chicago- based airline which faced a global backlash this month over its treatment of a passenger who was dragged from his seat. The 10- month old rabbit named Simon, who was tipped to become one of the world's largest rabbits, was travelling to O'Hare in...

  • LONDON, April 26- Standard Chartered almost doubled its profit in the first three months of the year after a sharp fall in losses from bad loans, raising the prospect of the Asia- focused bank resuming dividend payments. StanChart said it made a pre-tax profit of $1 billion, up from $589 million in the same period a year ago. StanChart's shares rose as much as 4 percent...

  • LONDON, April 26- French luxury group Kering hit a record high on Wednesday after reporting strong sales and European shares hovered near a 20- month peak, supported by a wave of earnings results that largely outperformed market expectations. France's CAC 40 was little changed, just off the nine-year highs hit earlier this week after the investor-friendly...

  • LONDON, April 26- World stocks hit a record high on Wednesday after strong earnings and the prospect of tax cuts for corporate America pushed U.S. shares to stratospheric levels and the euro held on to recent gains as political concerns in France ebbed. Against a strengthening dollar, the euro held on to the bulk of the gains made earlier this week; it fell 0.13...

  • LONDON, April 26- Summit Therapeutics is about to start pivotal tests of a novel antibiotic discovered by UK scientists to treat a sometimes deadly bowel infection, but Britons could be the last patients to get it after Britain leaves the EU. Some manufacturers are already seeking to write into supplier contracts a clause asserting who should shoulder the...

  • LONDON, April 26- Summit Therapeutics is about to start pivotal tests of a novel antibiotic discovered by UK scientists to treat a sometimes deadly bowel infection, but Britons could be the last patients to get it after Britain leaves the EU. Some manufacturers are already seeking to write into supplier contracts a clause asserting who should shoulder the...

  • LONDON, April 26- Standard Chartered on Wednesday reported its first quarter profit nearly doubled from a year ago, sending its shares up more than 4 percent as the emerging markets-focused bank brought losses from loans under control. StanChart said it made a pre-tax profit of $1 billion, up from $589 million in the same period a year ago. The bank booked a $198...

  • LONDON, April 26- Sterling dipped versus the dollar and euro on Wednesday, struggling for direction ahead of first quarter growth numbers due on Friday in a week so far dominated by events in the euro zone. Besides the gross domestic product numbers due on Friday, investors are on the lookout for fresh news surrounding Britain's exit from the European Union.

  • SEOUL, South Korea— Shares were mixed in Europe on Thursday after another day of gains in Asia as investors awaited U.S. KEEPING SCORE: Britain's FTSE 100 lost 0.1 percent to 7,272.31 while France's CAC 40 added 0.1 percent to 5,283.04. ANALYST'S VIEWPOINT: "In spite of concerns that the Trump administration will be unable to deliver his fiscal stimulus promises...

  • BHP Billiton, Rio Tinto and Anglo American, whose chairmen have all announced their intention to step down, are also generating healthy cash flows, putting them under pressure to give more money back to shareholders. The task to find the right candidates is particularly urgent for BHP Billiton and Anglo American due to the growing influence of major investors...

  • *Investors look beyond French vote, Italy now in focus. *Fitch downgrades Italy, S&P review on May 5. LONDON, April 25- Even before the final outcome of France's presidential race, investors are shifting focus to potentially bigger risks emanating from the euro zone's third biggest economy, Italy.

  • STOCKHOLM- Meeting of the executive board of the Riksbank- 0800 GMT. STOCKHOLM- Swedish Central Bank to publish executive board's interest rate decision along with the monetary policy report. STOCKHOLM- The Riksbank will hold a press conference on the interest rate decision.

  • FRANKFURT, Germany- "Frankfurt Finance Summit 2017." STOCKHOLM- Meeting of the executive board of the Riksbank- 0800 GMT. STOCKHOLM- Swedish Central Bank to publish executive board's interest rate decision along with the monetary policy report. STOCKHOLM- The Riksbank will hold a press conference on the interest rate decision.

  • *Russia may lift output- Russian deputy PM tells Interfax. NEW YORK, April 25- Oil prices settled slightly higher on Tuesday in volatile trading, then were mixed after hours when an industry group's preliminary report showed a surprise build in U.S. crude inventories. Weve seen rigs increase for the last 14 weeks and if we continue to see that it could put pressure on...

  • NEW YORK, April 25- The U.S. dollar surged against its Canadian counterpart on Tuesday after the United States imposed duties on Canadian softwood, while the euro hit a multi-month high on relief over the French election and the possibility of more hawkish European Central Bank policy in June. The move, which affects some $5.66 billion worth of imports of the...

  • *Russia may lift output- Russian deputy PM tells Interfax. The figures are a precursor to data from the U.S. Department of Energy's Energy Information Administration. Brent is down about 5 percent since early December, when the Organization of the Petroleum Exporting Countries and Russia agreed to cut output by 1.8 million barrels per day in the first half of the...

  • *Spot gold on track for weakest session since March 2. NEW YORK/ LONDON, April 25- Gold prices fell to a two-week low on Tuesday as markets became less concerned that far-right leader Marine Le Pen would win the French presidential election, increasing investor appetite for risky assets such as stocks while denting bullion. Business-friendly centrist Emmanuel...