News

The Conservatives have not had transformative ideas since Thatcher in the 1980s

Philippine shares recovered from a near one-year low to end higher on Friday, while most other Southeast Asian markets were boosted by positive developments around the Sino-U.S. interim trade deal. The Philippine benchmark closed up 1.6% after falling as much as 2.4%, helped by financial and...

Central European currencies were mixed on Friday in thin trade as investors began to wind down for the Christmas period. With the U.S. and China set to sign phase one of a trade agreement in early January and the U.K. elections out of the...

Investors and City banks will feel reassured by the new governor’s appointment

Increasing firepower to tackle a downturn and improving regulation are among the challenges

* HK->Shanghai Connect daily quota used 6.7%, Shanghai->HK daily quota used 2.6%

European stocks were made tiny moves on Friday as trading volumes thinned into Christmas, although Italian shares outperformed on some positive company updates.

* Bank may sell grain business stake in December - Interfax (Adds background, asset purchases)

Norway's sovereign wealth fund has sold two Munich properties and a stake in one of its London properties, the Norwegian central bank, which manages the fund, said on Friday.

China stocks eased on Friday, but posted their third straight weekly gain on improving relations between Washington and Beijing after they reached an initial trade deal last week.