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The Facebook-led Libra cryptocurrency project must meet the highest standards for combating money laundering and terrorism financing if it is to get off the ground, a senior U.S. Treasury official said on Tuesday.

** Sri Lanka's rupee closed stronger for a second day on Tuesday, after foreign outflows from government securities showed a declining trend, while stocks too ended higher. ** The rupee ended 0.1% firmer at 180.30/50 per dollar. It closed at 180.40/60 on Monday. The currency is up 1.3% this year. ** Foreign...

* IPO is planned for 2020-2021, but could be by end-2019 (Adds details, quotes)

Conservatives’ chances in the next UK election lie in offering hope to struggling communities

Birmingham start-up tackles sector’s startling lack of gender diversity with free courses

* SoftBank has set out ambitious IPO timetable for its investments (Recasts with sources comment on WeWork valuation; SoftBank impact)

European capital markets are still too small to provide enough funding for companies, which continue to rely on banks, an EU document said, urging new measures to unlock financial resources and spur funding through equities and corporate debt.

Comments come as weaker retailers use insolvency laws to secure lower rents

Most Southeast Asian stock markets reversed gains on Tuesday to close slightly lower as China's deepening factory deflation dampened investor sentiment, with Malaysia dragged lower by telecom giant Axiata. China, the region's biggest trading partner, saw factory-gate prices shrink at the sharpest pace in three years in...

FTSE 100 company faced criticism over widespread power cut this summer