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Updated: 12 hours 5 min ago

Asian shares ease as Fed meeting keeps markets on edge

Tue, 18/06/2013 - 07:16
TOKYO (Reuters) - Asian shares eased on Tuesday as investors waited for Federal Reserve Chairman Ben Bernanke to clarify the U.S. central bank's plans for its stimulus programme - with the mere suggestion of fine-tuning it enough to unnerve market sentiment.

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Maersk enters into alliance with container ship rivals

Tue, 18/06/2013 - 06:44
COPENHAGEN (Reuters) - The container shipping unit of Danish shipping and oil group A.P. Moller-Maersk has entered into an alliance with its two biggest rivals MSC Mediterranean Shipping Company S.A. and CMA CGM to improve operations and services.

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China May home prices rise at fastest pace this year

Tue, 18/06/2013 - 04:41
BEIJING (Reuters) - China's house prices rose at the fastest pace this year in May from a year earlier, though the pace of monthly gains slowed, highlighting the dilemma facing the central bank as it balances the need to support the economy against holding down housing inflation.

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Japan says G8 stance is sign of approval for "Abenomics"

Tue, 18/06/2013 - 04:34
TOKYO (Reuters) - Japanese cabinet ministers welcomed the Group of Eight summit's stance on Tokyo's sweeping stimulus policies as a vote of confidence in the government's strategy to end 15 years of entrenched deflation and revive a lacklustre economy.

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Flush with orders, aerospace industry retools for future

Tue, 18/06/2013 - 03:41
PARIS (Reuters) - As airplane makers gathered outside Paris to show off their newest high-tech jetliners on Monday, a less-heralded technology story was unfolding back home on the factory floors of the world's leading aerospace firms.

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Sprint sues Dish, Clearwire as key deadline looms

Tue, 18/06/2013 - 02:24
(Reuters) - Sprint Nextel Corp on Monday said it has sued Dish Network Corp to block its tender offer for Clearwire Corp, on the eve of a key deadline in a takeover battle that also includes Japanese mobile carrier SoftBank Corp.

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Kabel Deutschland confirms preliminary offer from Liberty Global

Tue, 18/06/2013 - 01:27
(Reuters) - Kabel Deutschland - Germany's biggest cable operator - confirmed on Monday that they have received a preliminary approach from U.S. media group Liberty Global Plc after a British newspaper reported that the company had put forward a 7.5-billion-euro (6.37 billion pounds) bid for the company.

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SFO to charge central Libor suspect - source

Tue, 18/06/2013 - 00:53
The Serious Fraud Office is poised to bring criminal charges against former Citigroup Inc and UBS AG trader Thomas Hayes, who is alleged to have been a central figure in a scam to rig global benchmark interest rates, a source familiar with the situation said on Monday.

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Danish regulator tells Danske Bank to set aside more capital

Tue, 18/06/2013 - 00:36
COPENHAGEN (Reuters) - A Danish regulator has ordered Danske Bank A/S to change how it calculates its solvency and set aside more risk capital, the bank said in a statement late on Monday.

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IMF approves $1.27 billion disbursement to Ireland

Tue, 18/06/2013 - 00:14
WASHINGTON (Reuters) - The International Monetary Fund said Ireland was on track with the conditions of its bailout program, and disbursed the European country's next chunk of aid on Monday.

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German wage rises, exports offer hope for euro zone

Mon, 17/06/2013 - 11:02
BRUSSELS (Reuters) - German wages rose at their fastest pace in almost four years at the start of 2013 and euro zone exports jumped in April, giving the bloc a basis for a recovery from its long recession.

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UK's Co-op Bank agrees 1.5 billion sterling 'bail-in' rescue plan

Mon, 17/06/2013 - 10:58
LONDON (Reuters) - Britain's Co-operative Group has agreed a plan to plug a 1.5 billion pound ($2.4 billion) capital hole at its bank which forces bondholders to pay part of the bill, avoiding a repeat of the taxpayer-funded bailouts staged during the financial crisis.

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Finance sector sees lowest risk of turmoil since 2008 - central bank survey

Mon, 17/06/2013 - 10:57
LONDON (Reuters) - Risk managers at UK-based banks, insurers and investment funds believe the chance of another financial crisis over the next three years has fallen to its lowest since 2008, a Bank of England survey showed on Monday.

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Smiths Group names ex-3M CEO George Buckley as its new chairman

Mon, 17/06/2013 - 10:52
LONDON (Reuters) - Smiths Group , the British engineering company in talks to sell its medical unit, said on Monday it had appointed George Buckley to be its new chairman.

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Doric unveils $8 billion Airbus A380 order

Mon, 17/06/2013 - 10:46
PARIS (Reuters) - German transport financier Doric Asset Finance said on Monday that it had signed a memorandum of understanding to buy 20 Airbus A380 superjumbos in a deal worth $8 billion (5.08 billion pounds) at list prices.

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Airbus may get $8 billion Airbus A380 order

Mon, 17/06/2013 - 10:10
PARIS (Reuters) - Airbus looked set to announce a major order potentially worth as much as $8 billion (5.09 billion pounds) for A380 superjumbo aircraft from German transport financier Doric Asset Finance on Monday.

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Samsung to launch faster Galaxy S4 smartphone

Mon, 17/06/2013 - 09:56
SUWON, South Korea (Reuters) - Samsung Electronics Co plans to sell a variation of its flagship Galaxy S4 smartphone that will transmit data at nearly twice the normal speed, the head of its mobile business said on Monday.

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ILFC confirms $5 billion Airbus A320neo order

Mon, 17/06/2013 - 09:46
PARIS (Reuters) - International Lease Finance Corp announced an order for 50 additional A320neo aircraft at the Paris Airshow on Monday worth $5 billion (3.18 billion pounds) at list prices, taking its total orders for the Airbus model to 150.

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TUI Travel confirms order for 60 Boeing 737MAX

Mon, 17/06/2013 - 09:22
PARIS (Reuters) - British travel firm TUI Travel confirmed an order for 60 of Boeing's 737MAX jets at the Paris Airshow on Monday, with an option to buy a further 90 more of the fuel-efficient aircraft.

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