Business Blog

(Adds U.S. open, quotes, changes byline and dateline; previous LONDON)* Wall Street dips, as healthcare shares fall* China data, QE prospects lift European shares* China slows less than expected, IMF cuts global outlook* Dollar rises vs yen, gold aheadBy Michael ConnorNEW YORK, Jan 20 (Reuters) - European and Asian equities were mostly higher on Tuesday and the dollar climbed 1 percent against the

(Updates with Turkish rate cut, prices, adds quote)* China data, QE prospects lift European shares* China slows less than expected, IMF cuts global outlook* Dollar rises vs yen, euro dips before ECB meets Thursday* Turkey cuts interest rates as inflation slowsBy Nigel StephensonLONDON, Jan 20 (Reuters) - Shares rose on Tuesday and the dollar gained 1 percent against the yen after China said its ec

KUALA LUMPUR, Jan 20 (Reuters) - Credit rating agency Standard & Poor's said on Tuesday that a prolonged slump in oil prices could derail Malaysia's fiscal consolidation plan and put at risk the government's revised economic growth...

(Changes dateline from previous SYDNEY, updates prices, adds quotes)* Europe shares follow Asia higher after China data* China Q4 growth 7.3 percent, beats forecasts* Dollar rise vs yen, oil falls furtherBy Nigel StephensonLONDON, Jan 20 (Reuters) - Shares in Europe and Asia rose on Tuesday and the dollar strengthened after China said its economy had not slowed as much as many in markets had feare

By Bernardo VizcainoJan 20 (Reuters) - Credit rating agency Standard & Poor&aposs said it had updated its criteria for Islamic bonds to distinguish more clearly between issuers of sukuk and sponsors of them.Sukuk tend to be more complex than conventional bonds because they use structures designed to avoid interest payments. They often involve special-purpose vehicles (SPVs) which issue the paper a

By Bernardo VizcainoJan 20 (Reuters) - Credit rating agency Standard & Poor&aposs said it had updated its criteria for Islamic bonds to distinguish more clearly between issuers of sukuk and sponsors of them.Sukuk tend to be more complex than conventional bonds because they use structures designed to avoid interest payments. They often involve special-purpose vehicles (SPVs) which issue the paper a