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Italian president says citizens are priority after inconclusive vote

ROME (Reuters) - Italian President Sergio Mattarella on Thursday called for politicians to act responsibly, as parties jockeyed to form a government after an inconclusive election.

China seen facing ‘impossible challenge’

BEIJING: Premier Li Keqiang has an “impossible challenge” if he wants to slash China’s budget deficit target, deleverage the economy, and cut taxes, according to Pantheon Macroeconomics Ltd.

Factbox - Italian stocks sensitive to election outcome

(Reuters) - Investors in Italian stocks are bracing for a possible bout of volatility on Monday, when markets face the outcome of Sunday's parliamentary election.

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New loans by Chinese banks hit record high in January

Bank loans totaled $460 billion last month, up 43% from the year before

Shell’s best profit in 3 years

LONDON: The oil-price rally proved a double-edged sword for Royal Dutch Shell Plc, as improved exploration and production lifted profit to a three-year high while refining and trading fell short of expectations.

San Miguel boosts power play with US$1.9b coal plant deal

MANILA: San Miguel Corp agreed to buy an AES Corp-controlled Philippine power plant for US$1.9bil, increasing the energy portfolio of the South-East Asian nation’s largest company as the US firm sheds assets.

British games developer Sumo Digital valued at £145mil in IPO

British games developer Sumo Digital said on Monday its initial public offering (IPO) was priced at £1 (RM5.45) per share for listing on London's junior market on Wednesday, valuing the company at £145mil (RM791.2mil).

China's campaign to cut debt enters new stage

SHANGHAI: China is in a new phase of its campaign to cut debt, focusing on rules to shrink a bloated financial sector that has grown rapidly as product innovation outpaced regulatory oversight, a senior researcher at the Shanghai Stock Exchange said.

Wal-Mart seeks upmarket web shoppers with Lord & Taylor products

Wal-Mart Stores Inc will add products from Lord & Taylor to its website, bringing together America’s oldest department store with its biggest retailer in a push to take Wal-Mart’s dowdy brand upmarket.

China firms have found a way to cut debt, at least on paper

SHANGHAI: Under pressure to trim borrowings, China’s companies have found a way to reduce their lofty debt burdens – even if some of the risk remains.

Life Inspired has a chic new look

2020 is all about change, and Life Inspired did just that with a fresh makeover!

This month, we speak to 3 female icons about empowerment and more - read it for FREE this week.