Business Blog

* U.S. markets poised for slew of data* China&aposs factory sector shows promise* Euro zone PMIs show euro zone recovery intact* ECB easing allays European election fears* Fed minutes show no rush to raise ratesBy John GeddieLONDON, May 22 (Reuters) - U.S. stocks are set to consolidate gains pending a slew of data that will be closely watched for further hints of the Federal Reserve&aposs need to

Malaysia-based International Islamic Liquidity Management Corp (IILM) has re-issued a USD490 million Islamic bond, according to a media release on Thursday.

Malaysia-based International Islamic Liquidity Management Corp (IILM) has re-issued a USD490 million Islamic bond, according to a media release on Thursday.

Business activity in the eurozone kept up a steady pace of growth in May, a survey indicates, but France and Germany continue to experience contrasting fortunes.

* CAC underperforms as weak data weigh on Paris market * FTSEurofirst 300 flat, but still near six-year highs * Raiffeisen rallies after Q1 numbers By Sudip Kar-Gupta LONDON, May 22 (Reuters) - French stocks underperformed flat equity markets elsewhere...

Islamic finance has been one of the fastest-growing sectors in global finance but the industry has yet to shake off perceptions about high costs and complexity that are holding back some issuers.