UNENF

FRANKFURT (AFP) – Annualised German inflation edged lower to 0.6 percent in February from 0.8 percent the previous month, figures released on Wednesday by the national statistics office showed.

Rand Han recounts the long journey to setting up his own businesses in Shanghai.

The Australian market ended flat or unchanged on Wednesday, after eight consecutive sessions of gains, on weaker than expected economic data related to housing loans for owner-occupied houses. Profit taking in mining stocks following recent gains was offset by gains in banks on optimism about economic recovery. Trading volumes were relatively light as [...]

European stocks are seen opening mixed on Wednesday, tracking a lackluster session on Wall Street overnight. However, data showing a surprise rise in Chinese imports for February may boost miners. On the economic front, investors await industrial production data from the U.K. and France along with consumer price inflation figures from Germany.

BANGALORE, March 10 (Reuters) – The following corporate
finance-related stories were reported by media on Wednesday:

STOCKHOLM (Reuters) – The parent of China’s Geely Automobile has secured financing to buy Ford-owned Volvo cars for about 15 billion Swedish crowns ($2.10 billion), a Swedish business daily reported on Wednesday.

HONG KONG (Reuters) – The euro and sterling were under pressure on Wednesday after renewed concerns about Europe’s fiscal problems but oil, copper and the Australian dollar were supported by China’s strong export and import data.

Militants attacked the office of a humanitarian organization in northwest Pakistan on Wednesday, killing five people, police said.

Bank of America said it would eliminate overdraft fees for debit card customers in a move designed to quell consumer frustration and keep the bank a step ahead of new regulations that restrict such charges

SAN IGNACIO, Mexico (AFP) – When the massive, barnacle-spotted head of a Pacific gray whale slid alongside Pachico Mayoral’s wooden boat, he nervously reached out to touch it.

LONDON (Reuters) – Shares in Barclays Plc dipped 2 percent on Wednesday after reports the British lender is looking to buy a retail bank in the United States to build on its successful investment bank build up there.

LONDON (Reuters) – Shares in Barclays Plc dipped 2 percent on Wednesday after reports the British lender is looking to buy a retail bank in the United States to build on its successful investment bank build-up there.

SEOUL (AFP) – GM Daewoo, the South Korean unit of struggling US auto giant General Motors, said Wednesday it intends to return to profit this year and currently needs no further financial support from creditors.

CNBC – Year-on-year growth in Chinese exports and imports blew past expectations in February, apparently underlining the momentum powering the world’s third-largest economy.

NYSE – Year-on-year growth in Chinese exports and imports blew past expectations in February, apparently underlining the momentum powering the world’s third-largest economy.