BRIEF-EastSideCapital drops negotiations regarding purchase of shares in brokerage house
* SAID ON SATURDAY THAT IT DECIDED TO CEDE NEGOTIATIONS CONCERNING THE ACQUISITION OF SHARES IN A BROKERAGE HOUSE
WARSAW, March 8 Poland's inflation will likely stabilise at a "moderate" level after significantly accelerating in the first months of this year, the central bank said on Wednesday justifying its decision to keep interest rates at an all-time low.
The bank increased its forecast of inflation to a range of 1.6-2.5 percent in 2017 from 0.5-2.0 percent earlier. The central bank targets inflation at 2.5 percent.
The bank also reiterated that the current level of rates, with the key rate at 1.50 percent since March 2015, helped keep Poland on a path of balanced economic growth. (Reporting by Pawel Sobczak and Bartosz Chmielewski; Writing by Marcin Goettig; Editing by Marcin Goclowski)
* Increased year-end distribution by 7.1 pct to 97.24 cents per share
By Chris Thomas May 29 Philippine shares hit their highest in nearly three weeks on Monday, helped by property stocks Ayala Land Inc and SM Prime Holdings, while most other Southeast Asian markets were little changed in thin trade with the United States, Britain and China closed for holidays. Investors were on the sidelines as they wait for the China PMI data due later in the week, said Victor Felix, an equity analyst with Manila-based AB Capital Securities. Factory a