News

* But volumes thin as year-end looms (Adds quote and details, updates prices)

SHANGHAI, Dec 28 (Reuters) - China's CITIC Trust Co Ltd has pledged to regulators it will reduce its business with banks next year, two sources with knowledge of the matter said on Thursday, in order to comply with regulatory requirements.

LONDON, Dec 28 (Reuters) - European shares drifted lower in early deals on Thursday with company news and macro events scarce in holiday-thinned trading, while Britain's FTSE 100 hovered just under a record high.

Dec 28 (Reuters) - Hong Kong's benchmark stock index rose for a fourth session in a row on Thursday, amid bullish sentiment in the region that pushed Asian stocks to their highest level in a month. ** At close of trade, the Hang Seng index was up 266.05 points or...

MUMBAI, Dec 28 (Thomson Reuters Foundation) - On a weekday afternoon in the dusty streets of Mumbai's red light district Kamathipura, Fatima collects 20 rupees ($0.30) from men to rent a cubicle in her brothel where girls charge them up to 200 rupees for sex.

MUMBAI, Dec 28 (Thomson Reuters Foundation) - On a weekday afternoon in the dusty streets of Mumbai's red light district Kamathipura, Fatima collects 20 rupees ($0.30) from men to rent a cubicle in her brothel where girls charge them up to 200 rupees for sex.

SHANGHAI, Dec 28 (Reuters) - China stocks rallied on Thursday, underpinned by robust gains in consumer and materials firms. ** At the close, the Shanghai Composite index was up 21.42 points or 0.65 percent at 3,297.21. ** The blue-chip CSI300 index was up 0.7 percent, with its financial sector...

NEW YORK, Dec 28 (Reuters) - It took just a spoonful of a simple tub of yogurt with passion fruit puree on a trip home to her native Australia to nudge Koel Thomae into a new career.

LONDON, Dec 27 (Reuters) - After years of struggling to beat the index, 2018 should be the year active fund managers earn their spurs.

Dec 28 (Reuters) - Australian shares ticked up to a near 10-year closing high on Thursday, driven by financials while materials rode higher on stronger commodities prices.