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France/Germany spread hits two-week low

LONDON: France’s government bond yield spread over Germany hit its narrowest in two weeks after results of the Dutch parliamentary election put the populist party of Geert Wilders a distant second to the current ruling party.


Italy‘s 10-year debt costs jump

MILAN: Italy’s 10-year debt costs rose more than half a percentage point at the first longer-term auction since an inconclusive parliamentary election, although they remained below the psychologically important level of 5%.


Market wary of big sterling swings as Britain votes

LONDON: Market bets on how volatile the pound will be over the next 24 hours surged to their highest in a year on Thursday as Britain began voting in a parliamentary election which some polls show has become too close to call.


Southeast Asia Stocks: Mostly Firmer With Inflows M'sia up, S'pore down

BANGKOK: Most Southeast Asian stock markets ended firmer on Monday, led by Indonesian shares ahead of a parliamentary election later this week that is expected to restart stalled reforms, while a U.S. jobs report last week helped boost investor sentiment.


Back to the future for Malaysia

MOST Malaysians, including myself, went to bed in the early hours of Thursday morning after hearing the news that the Pakatan Harapan coalition of four parties had won a simple majority of 113 seats out of the 222 parliamentary seats contested in the 14th General Election.


Britain should hand RBS, Lloyds Bank shares to public

LONDON: Britain should hand most of its shares in Royal Bank of Scotland and Lloyds Banking Group to the public, an influential think tank said, in what would be the country's biggest ever privatization.


Britain could intervene in Pfizer US$106bil bid for AstraZeneca

LONDON: Britain could use its public interest powers to intervene in U.S. drugmaker Pfizer's $106 billion (62.4 billion pounds) takeover bid for British pharmaceutical company AstraZeneca AZN.L, Business Secretary Vince Cable said on Tuesday.


Tech selloff spreads to Europe and Asia, politics lifts euro

LONDON: Technology stocks fell across Europe and Asia on Monday after the worst day for Apple shares in more than a year, while the euro and its bonds rallied after a bumper weekend for pro-EU and pro-business politics in France and Italy.