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The FTSE 100 rises 1% in early trade, recovering some of the ground lost on Monday amid the global share rout. read more >>> Source : BBC

The Financial Conduct Authority quietly stopped pursuing any formal action into reviewing whether HSBC’s Swiss private banking arm allegedly helped wealthy clients dodge tax between 2006 and 2007 months ago. The news will undoubtedly piss off a lot of politicians and the public. Why? — because this is the latest in a line of moves […]

Group controlled by China’ s richest man is in talks to buy Legendary Entertainment, the company behind ‘Straight Outta Compton,’ the FT reports. read more >>> Source : CNBC.Com

* BOC Aviation reported record profit in H1 2015 (Adds analyst quotes, IPO milestone, industry details) read more >>> Source : Reuters

It turns out that thanks to a glut of crude, even tension between two big oil-producing countries isn’t enough to drive prices higher. read more >>> Source : CTVNews.Ca

Prelude Excerpt from: On October 15th, 2002 — over 13 years ago — AT&T filed a Petition with the FCC to investigate the “special access” services that are controlled by the “Bell” companies, now AT&T, Verizon and Centurylink. The above quote supplies two of the section headings from the Petition’s Table of Contents. I’ll get […]

The Chinese government is buying up shares to prop up its stock markets, repeating a tactic used during last year’s meltdown. The so-called “National Team” is injecting cash into the market after Monday’s 7% crash, according to a report by Bloomberg News. The government is also preparing to extend a ban on short selling – […]

Retailer Next blames the warm weather in November and December for a “disappointing” trading performance in the run-up to Christmas. read more >>> Source : BBC

Jan 5 (Reuters) – Motoring group AA Plc said it had launched a connected-car joint venture which would allow it to provide faster roadside assistance by pre-empting and diagnosing breakdowns. read more >>> Source : Reuters

After a sour start to 2016 which saw safe haven currencies gain, we had a strengthening of the greenback across the board and perhaps some stability. What’s next? Join me for a live market open, hosted by FXStreet: walking though recent developments and their impact on currencies, going through charts of majors, minors and crosses, […]

NEW DELHI, Jan 5 (Reuters) – The day before a deadly assault on an air base in northern India, a police officer returning from a temple was abducted by a group of heavily armed men speaking Urdu, he said on Tuesday. read more >>> Source : Reuters

Most Asian stock markets inched higher Tuesday as China’s benchmark stabilized a day after plunging nearly 7 per cent. read more >>> Source : CTVNews.Ca

Stock markets in Asia were largely even in Tuesday trading, a day after a huge selloff in China was followed by big slumps in European and U.S. stocks. Indexes in China opened sharply lower Tuesday, but quickly rebounded in the first half-hour and fluctuated just above and below Monday’s close. There was no such rebound […]

Magazine Charlie Hebdo is set to mark the first anniversary of the attacks on its Paris offices with a special edition. read more >>> Source : CNBC.Com

SINGAPORE, Jan 5 (Reuters) – Bank of China has hired Goldman Sachs and BOC International as joint sponsors for the planned Hong Kong listing of its aviation arm, expected to raise about $3 billion, people with knowledge of the matter said. read more >>> Source : Reuters

Rodger Shanahan, research fellow at the Lowy Institute, says the conflict between Saudi Arabia and Iran will be maintained at the diplomatic level, and is just a part of a long-term rivalry. read more >>> Source : CNBC.Com

HK leader Leung Chun-ying said there was no indication that China was involved with the five missing booksellers who specialized in critical publications of China. read more >>> Source : CNBC.Com

LAS VEGAS, Jan 4 (Reuters) – Start-up electric car venture Faraday Future on Monday previewed a technology-heavy concept race car it hopes to develop into a range of connected vehicles that can challenge luxury rivals like Tesla and Audi in the growing global market for non-gasoline cars. read more >>> Source : Reuters