Business Blog

Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE, has launched a USD1 billion perpetual capital-boosting sukuk at 6.75%, with the sale set to complete later on Wednesday, a document from lead managers said.

* U.S., Iran kick-off negotiations on Iran's nuclear programme * Zarif, on Charlie Hebdo, says "sanctities" must be respected (adds Zarif comment on Charlie Hebdo cartoons) By Arshad Mohammed GENEVA, Jan 14 (Reuters) - Iranian Foreign Minister...

KUALA LUMPUR, Jan 14 (Reuters) - Malaysia's CIMB Group Holdings CIMB.KL and two smaller domestic banks have scrapped a proposed merger that would have created the country's biggest lender. The three-way merger of CIMB, RHB Capital Bhd RHBC.KL...

GENEVA, Jan 14 (Reuters) - Iran Foreign Minister Mohammad Javad Zarif said on Wednesday that his meeting with U.S. Secretary of State John Kerry was important to see if progress could be made in narrowing differences on his country's disputed...

Dubai Islamic Bank, the largest Islamic bank in the United Arab Emirates, has set final guidance for a benchmark-sized sukuk at 6.75%.

(Refiles to remove superfluous letters from slugline; no change to text)* World Bank cuts growth forecasts, deflation fears rise* Stocks, lower-rated bonds, commodities fall* Safe-haven Japanese yen gains ground against dollar* Legal opinion on ECB bond-buying helps trim losses* Emerging markets underperform, Russia in focusBy Lionel LaurentLONDON, Jan 14 (Reuters) - Financial and commodities mark