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Asia shares sluggish, oil drifts lower

SYDNEY - Asian stock markets were subdued on Monday in a week book-ended with Easter holidays across the globe and a U.S. jobs report that could affect the timing of the first hike in interest rates there.

Recent Business News

U.S. jobs to add heat to Fed lift-off debate

BRUSSELS - The state of the U.S. labor market in March will consume economists and investors in the week leading up to Easter, adding to the seesaw debate over when the Federal Reserve will spring its first interest rate hike.

29 Mar 2015

Stanchart says committed to Islamic banking after head of unit exits

DUBAI - Standard Chartered remains committed to Islamic banking and expects growth in its core markets, a spokesman for the lender said on Sunday, after the head of its Islamic arm departed.

29 Mar 2015

China central bank governor calls for vigilance on deflation

BOAO, China - China's central bank governor Zhou Xiaochuan warned on Sunday that the country needs to be vigilant for signs of deflation and said policymakers were closely watching slowing global economic growth and declining commodity prices.

29 Mar 2015

British Airways says some frequent flyer accounts hacked

LONDON - British Airways said on Sunday tens of thousands of its frequent flyer accounts had been hacked and that it had frozen those affected to sort the problem out.

ABN Amro IPO back in sight after executives concede on pay

AMSTERDAM - The Dutch government will reconsider selling off ABN Amro [ABRGPA.UL], Finance Minister Jeroen Dijsselbloem said, after senior managers agreed to give up a controversial pay rise that had stalled progress on the bank's proposed share listing.

29 Mar 2015

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