Author: KMFSLLP

Zero growth as uncertainty weighed on business investment and manufacturing

Bearish views stemming from the coronavirus outbreak have increased trading activity on China's crude oil futures, as investors shorting the contract resulted in a surge in open interest levels to record highs in the past week.

* Chinese economy may be in better place than perceived- Analyst (Adds comment, updates prices)

BANGKOK, Feb 11 (Thomson Reuters Foundation) - South Korean film "Parasite", which became the first non-English language movie to win the Best Picture award at the Oscars, highlights the widening divide and lack of affordable housing in the capital Seoul, according to social analysts and academics.

A legal adviser to the European Union's top court said on Tuesday that the overhaul of mutual banks adopted in Italy in 2015 is in line with EU rules, dismissing an appeal filed by consumer organisations.

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* Alibaba slips after report it will be excluded from StockConnect

DAMAC Properties, one of Dubai's largest private developers, swung to a net loss of 36.9 million dirhams ($10 million) in 2019 from a profit of 1.15 billion dirhams in 2018, the firm reported on Tuesday.

Inter IKEA Group, owner of the IKEA furniture brand, appointed on Tuesday Jon Abrahamsson Ring as new Chief Executive from Sept. 1.

GKSD Investment Holding confirmed on Tuesday that it could make an offer to buy NMC Health, a day after the London-listed healthcare group revealed approaches from two private equity groups.

Lloyd's of London said on Tuesday that former Virgin Money boss Jayne-Anne Gadhia would be part of a committee to "drive long-term culture change" in the world's oldest insurance market.