Business Blog

Sun Life pivots to southeast Asia as other markets slow

By Al-Zaquan Amer Hamzah and Yantoultra Ngui KUALA LUMPUR, May 26 (Reuters) - Sun Life Financial SLF.TO , Canada's third biggest insurer, is boosting investment in Indonesia and Malaysia at a time when growth in earnings from some core Asian...

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Draghi warns of threat to recovery

ECB chief gives a further hint that the ECB will offer a package of rate cuts and credit easing measures at next week’s crucial policy vote

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Indonesia mandates banks for up to $1.5 bln sovereign sukuk

DUBAI, May 26 (Reuters) - Indonesia has mandated HSBCHSBA.L , Standard Chartered STAN.L and CIMB Group Holdings Bhd CIMB.KL to arrange a sovereign sukuk issue of up to $1.5 billion, sources aware of the matter told Reuters on Monday.The head of the Indonesian finance ministry&aposs debt management office, Robert Pakpahan, confirmed that the government had appointed the three banks as underwriters.
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AUDIO: AstraZeneca 'must explain Pfizer decision'

AstraZeneca shareholder Robert Talbut discusses the company's decision to reject potential takeover bids from Pfizer.

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GLOBAL MARKETS-Bonds, stocks brush off Eurosceptic election gains

* Shares nudge higher, Italy strong after Renzi election win* Euro lifts off 3-month low caused by ECB easing bets* Poroshenko&aposs apparent win raises hopes of political stability in UkraineBy Marc JonesLONDON, May 26 (Reuters) - Italian assets surged and German shares hit all-time highs on Monday as solid election showings by pro-European forces in both countries provided an antidote to Eurosce
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Number in council tax debt 'rocketed'

The number of people seeking help for council tax arrears has "rocketed" to become the most common type of debt problem, Citizens Advice says.

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