News

* Small-cap Flybe tanks (Adds analyst comment, sterling, updates share moves)

Logistics company Gefco , which is controlled by Russian Railways (RZhD), has hired several leading investment banks to start the process for its possible stock market flotation, sources told Reuters.

Italian government bonds held by foreign investors fell to their lowest in more than four years and a half, central bank data showed on Tuesday.

China's ByteDance Technology unveiled a new video messaging app called Duoshan, a move which analysts say will see it muscling into a space dominated by Tencent's WeChat messenger.

* Will continue proactive fiscal policy, prudent monetary policy

* Italian lenders hit by ECB report (Updates prices, adds quotes, graphic)

Logistics company Gefco , which is controlled by Russian Railways (RZhD), has hired several leading investment banks to start the process for its possible stock market flotation, sources told Reuters.

Most Southeast Asian stock markets recovered on Tuesday, with Singapore hitting a near three-and-a-half-month closing high, after China signalled more stimulus to prop up its slowing economy. China's state planner said Beijing would strengthen monitoring of its economic situation and improve its "reserve" of economic policies, a...

* Reviving weak credit growth key to steady cooling China economy

Italy launched a 15-year bond sale on Tuesday, its first syndicated debt issue in a year, testing market sentiment after the government agreed to cut its budget deficit target for this year following a protracted row with Brussels.