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News

19 Mar WRAPUP 2-China’s premier hopes trade war can be averted, pledges more open economy

Posted at 08:54h in News by KMFSLLP 0 Comments

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* China's Li says foreign firms will compete on equal footing

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19 Mar UK launches new rules on whiplash claims

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19 Mar UPDATE 1-PNB bank woes spur Goldman to downgrade India’s economic growth forecasts

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* Expects banks' provisions to rise, smaller benefit from recap

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19 Mar Ping An Insurance annual profit rises 43 pct, above estimates

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SHANGHAI, March 20 (Reuters) - Ping An Insurance Group Co of China Ltd , China's largest insurer by market value, on Tuesday posted a forecast-beating 42.8 percent jump in annual net profit, boosted by strong growth in its life insurance business.

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19 Mar FT City Network transcript: the outlook for ‘Global Britain’

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How closely should UK align itself with economies such as Saudi Arabia and China?

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19 Mar Pound bulls take heart from Brexit transition deal

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Investors and traders are eager to hear what BoE officials make of the breakthrough

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19 Mar Hong Kong stocks barely changed ahead of Fed meeting

Posted at 08:28h in News by KMFSLLP 0 Comments

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March 20 (Reuters) - Hong Kong stocks were little changed on Tuesday, as investors braced for Federal Reserve Chairman Jerome Powell's first policy meeting starting later in the day and amid concerns that U.S. President Donald Trump could impose additional punitive trade measures against China.

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19 Mar UPDATE 1-UK’s Bellway profit rises, sees new home output crossing 10,000

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March 20 (Reuters) - British housebuilder Bellway Plc said a strong order book would help its new home output cross 10,000 units per annum for the first time, after posting a rise in first-half pretax profit on Tuesday.

19 Mar UPDATE 2-Pakistani rupee weakens sharply in likely devaluation by c.bank

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ISLAMABAD, March 20 (Reuters) - Pakistan's rupee weakened sharply against the dollar on Tuesday in what appeared to be a currency devaluation by the central bank, traders said, the second such intervention in the last three months.