Thursday 26 May 2016
 
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Mitsubishi Motors fails fuel economy test, shares tumble

Mitsubishi Motors Corp said its vehicles failed a fuel economy test, sending its shares down more than 15 per cent and wiping $1.2 billion from its market value on Wednesday. Japan's sixth-largest automaker by market value sai

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Asian shares drop as banks come under pressure

Asian shares extended losses to three-week lows, while the yen soared to a 17-month high against the dollar as investors bet Japan would be hard pressed to drive down its currency in the face of widespread foreign opposition. &nbs

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Asia shares led lower by Japan, dollar still groggy

Asian shares and the dollar both lost more ground on Friday as investors began the new quarter in a cautious mood, with glimmers of life in China's economy offset by a darkening mood in Japan.   Activity in C

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Ahli United approves 18pc cash dividend distribution

Ahli United Bank has approved the distribution of a cash dividend of 18 per cent (4.5 cents per share) together with bonus shares of five per cent for shareholders at its recently held Annual General Meeting and the Extraordinary General Meeti

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Asian shares erase losses, on track for weekly gain

Asian shares rose on Friday, on track for weekly gains, shrugging off global losses logged after the European Central Bank eased aggressively but suggested it was running out of room to cut interest rates even if other stimulus options remaine

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Asian shares set for best week in 5 months

Asian shares looked set on Friday to post their strongest week in five months as global investors returned to riskier assets after a string of positive US economic data and a bounce in oil and commodity prices.  

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Asia shares inch ahead as G20 talks, oil holds gains

Asian shares made guarded gains as a gathering of world finance leaders provided a welter of reassuring comments, but little in the way of actual policy stimulus.   Setting the tone for the Shangahi meeting of th

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Oil slips on concern of rising output from Iran

Asian shares retreated from a seven-week high on Tuesday as the oil price rally that boosted global equity markets reversed, while the euro and sterling were hit by uncertainty over Britain's membership in the European Union.

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Asian shares slip from 3-week high as oil rally reverses

Asian shares slipped from near three-week highs on Friday as a rally in oil prices reversed and investors remained cautious about the outlook for the global economy.   MSCI's broadest index of Asia-Pacific sh

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Al Noor, Mediclinic shares start trading on LSE

Al Noor Hospitals Group and Mediclinic International has begun trading shares on the London Stock Exchange.   The newly enlarged Mediclinic Internatinoal now boasts 73 hospitals and 43 clinics in Southern Africa,

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