FTSE share index ends higher, miners help


LONDON - Britain's top share index ended higher on Monday, recovering from last week's drop helped by expectations that more infrastructure spending and policy stimulus in China will boost mining companies.


Denmark applies to join China-backed AIIB investment bank 3:29pm BST

BEIJING - Denmark has applied to join the Beijing-led Asian Infrastructure Investment Bank (AIIB), China's Ministry of Finance said on Sunday, becoming the latest European power to join the institution despite misgivings of the United States. | Video


Taiwan seeks stronger cyber security ties with U.S. to counter China threat 2:32pm BST

TAIPEI - Taiwan wants to join a major anti-hacking drill conducted by the United States to strengthen cyber security ties with its staunchest ally, its vice premier said on Monday, a move which would help safeguard against constant targetting by hackers in rival China.


China eases housing tax, lending rules to fight downturn 2:12pm BST

SHANGHAI/BEIJING - China on Monday courted home buyers with a bigger tax break as it cut downpayment requirements for the second time in six months, stepping up a fight against sliding house prices that is imperiling the world's second-biggest economy.


Bank of England to stress test banks for global slump scenario 1:59pm BST

LONDON - Britain's seven biggest lenders will have to show they can cope with a global economic slump triggered by a sharp slowdown in China and a crash in the euro zone in this year's round of stress tests conducted by the Bank of England.

China still needs to evacuate 400 nationals from Yemen 10:11am BST

BEIJING - China's Foreign Ministry said on Monday it had already evacuated 122 of its nationals from strife-torn Yemen to Djibouti, with 400 more still to go, as it repeated a call for a political resolution to the crisis.


China March official PMI seen contracting for third month 6:31am BST

BEIJING - Activity in China's factory sector likely contracted for a third straight month in March, a Reuters poll showed, reinforcing expectations that Beijing will have to step up policy easing to support economic growth that may be on the verge of dipping below 7 percent.


Ford revives the Lincoln Continental, aims at U.S. and China 5:04am BST

NEW YORK - Ford Motor Co will resurrect the Lincoln Continental as its top-of-the line luxury sedan, betting the classic name will help rebuild the brand's image in the United States and China.


ChemChina chairman says hopes to re-list Pirelli in Italy 29 Mar 2015

BEIJING - The chairman of China National Chemical Corp (ChemChina) said on Sunday he hopes to re-list Italy's Pirelli on the Italian stock exchange after his firm agreed earlier this month to acquire the world's fifth-largest tyre maker.


China central bank governor calls for vigilance on deflation 29 Mar 2015

BOAO, China - China's central bank governor Zhou Xiaochuan warned on Sunday that the country needs to be vigilant for signs of deflation and said policymakers were closely watching slowing global economic growth and declining commodity prices.

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