Deals

  • Dollar rises against safe-haven yen as focus turns to Fed
  • 04:19 AM EDT  TOKYO (Reuters) - The dollar firmed on Tuesday as cautious investors covered short positions ahead of the start of a two-day U.S. Federal Reserve meeting and as a continued slump in Chinese equity markets sapped appetite for riskier assets.

  • China shares slip again as Beijing scrambles to calm markets
  • 04:14 AM EDT  SHANGHAI (Reuters) - Chinese shares fell on Tuesday, as Beijing scrambled once again to prop up a stock market whose wild gyrations have heightened fears about the financial stability of the world's second biggest economy.

  • Hong Kong blue chips rise on hopes for China monetary easing
  • 04:13 AM EDT  HONG KONG, July 28 (Reuters) - Hong Kong blue chip stocks rose on Tuesday, bucking falls for mainland shares, on hopes for a stabilising China market as Beijing hinted at further monetary easing.

  • Britain's FTSE edges higher, led by RSA and GKN
  • 04:07 AM EDT  LONDON, July 28 (Reuters) - Britain's top share index edged higher on Tuesday after falling for five sessions in a row, with RSA Insurance Group leading the gains on bid interest from a Swiss-based rival.

  • Malaysian PM reshuffles cabinet, dumps deputy after 1MDB criticism
  • 04:05 AM EDT  KUALA LUMPUR (Reuters) - Malaysian Prime Minister Najib Razak sacked his deputy and four other ministers in a cabinet reshuffle on Tuesday, with the attorney general also replaced, as the fallout from a graft scandal at debt-laden state investment fund 1MDB grows.

  • Sri Lanka rupee up as state bank cuts dollar peg; shares rise
  • 04:04 AM EDT  COLOMBO, July 28 (Reuters) - The Sri Lankan rupee traded firmer on Tuesday as a state-run bank cut the currency's peg against the U.S. dollar by 10 cents to allow the exchange rate to appreciate to 133.60, dealers said.

  • 'Dead in water' U.S. team expects slow start in Kazan
  • 04:03 AM EDT  (Reuters) - USA Swimming was rubbing its hands with glee when it announced a squad packed full of gold medal winners and record breakers for the 2015 world championships, but that was a year ago and the team that lands in Kazan may need time to fire on all cylinders.

  • Swimming-'Dead in water' U.S. team expects slow start in Kazan
  • 03:59 AM EDT  July 28 (Reuters) - USA Swimming was rubbing its hands with glee when it announced a squad packed full of gold medal winners and record breakers for the 2015 world championships, but that was a year ago and the team that lands in Kazan may need time to fire on all cylinders.

  • Heineken, Diageo end joint ventures in South Africa, Namibia
  • 03:57 AM EDT  BRUSSELS, July 28 (Reuters) - Dutch brewer Heineken and spirits maker Diageo have agreed to end their 11-year cooperation in South Africa and Namibia in a series of deals to disentangle joint ventures.

  • Buy-and-hold investors help bond duo defy China volatility
  • 03:52 AM EDT  HONG KONG, July 28 (IFR) - A pair of Asian issuers braved a collapsing Chinese equity market on Monday to price international bonds, in a sign of investors' confidence in the renminbi and Chinese credit risk.

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