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Singapore shuts Falcon bank unit, fines DBS and UBS over 1MDB

Oil off the boil, shares toil, sterling in trouble

Sterling was back under $1.23 and 90 pence per euro while the dollar muscled its way to an 11-week high

Swiss attorney general mulls criminal proceedings against Falcon

FINMA ordered Falcon to turn over 2.5 million Swiss francs in what it said were illegal profits

China premier says economy improving, debt risks under control

The economy grew 6.7 per cent in the first half, buoyed by higher government infrastructure spending and a housing boom

Singapore directs Falcon Bank to stop operations

The move comes after Singapore's central bank in May ordered the shutdown of Swiss private bank BSI

Russia's Rosneft boss Igor Sechin says no to OPEC oil cut

President Vladimir Putin told an energy congress on Monday that Russia was ready to join the proposed OPEC cap

Exclusive: Russia's Rosneft boss Sechin says no to OPEC oil cap

Alibaba's $60 billion finance arm seeks growth before IPO: Sources

A key complication for Ant Financial's listing is former parent, Alibaba

IEA says oil market may rebalance faster if OPEC sticks to target

World oil demand to grow at a rate of 1.2 million bpd next year, IEA said

Foreigners cut down on emerging Asia bonds on US rate hike expectations

In India, foreign investors booked profits by selling more than $600 million worth of domestic bonds this month

BP boss Robert Dudley sees oil prices at $55-$70 for rest of decade

Dudley was speaking at the World Energy Congress in Istanbul

Asian shares mostly lower, oil near 1-year high on output cut plan

Brent crude slipped 0.2 percent to $53.05 a barrel after surging as much as 3 per cent on Monday

Samsung halts Galaxy Note 7 sales over fire concerns, maybe for good

Samsung likely to permanently halt Galaxy Note 7 sales: Media report

The paper said Samsung would likely seek to make up for lost Note 7 sales through its Galaxy S7 models

Asian shares mostly lower, oil near 1-year high on output cut views

Brent crude, slipped 0.2 per cent to $53.05 a barrel after surging as much as 3 per cent on Monday

Singapore orders Falcon Bank unit to shut down, fines DBS and UBS

BSI was the first bank to be ordered shut in Singapore since 1984

Gold prices edge down as US rate hike views boost dollar

Spot gold dropped 0.1 per cent to $1,258.01 an ounce

Salesforce still mulls bid for Twitter as shareholders resist: Sources

Twitter has struggled to generate revenue growth and profit, despite having some 313 million average monthly active users

Samsung halts Galaxy Note 7 sales over fire concerns, tells users to switch off

Oil prices dip but stay near 1-year highs on expected output cut

Goldman Sachs said that despite a production cut becoming a 'greater possibility', markets were unlikely to rebalance in 2017