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Chinese insurers run "Titanic" risks for titanic returns

* Top insurers quadruple investment in alternative assets in 5 yrs

UK's Johnson wins backing from Gove for prime ministerial bid

LONDON, June 25 Boris Johnson, one of the leaders of the successful "Leave" campaign in Britain's European Union membership referendum, has won the backing of a key colleague to replace David Cameron as prime minister, a newspaper reported.

Markets Jun 25 2016

Ecuador says Brexit 'spoils' scheduled bond issue

QUITO, June 25 Ecuadorean President Rafael Correa said on Saturday that Britain's vote to leave the European Union has "spoiled" a bond issue that had been planned for next week to help shore up the cash-strapped oil-exporter's finances.

Markets, Energy Jun 25 2016

UPDATE 1-Investor George Soros calls for reconstruction of EU after 'Brexit' vote

June 25 Billionaire investor George Soros on Saturday called for thorough reconstruction of the European Union in order to save it, even though he warned that Britain's vote to leave the bloc makes "disintegration of the EU practically irreversible."

Markets, George Soros Jun 25 2016

Central banks ready to cooperate after Brexit result

ZURICH, June 25 Central banks are ready to cooperate to support financial stability in the wake of Britain's vote to leave the European Union, the Bank for International Settlements said on Saturday.

Investor George Soros says 'Brexit' means 'disintegration' of EU

June 25 Billionaire investor George Soros said on Saturday that Britain's vote to leave the European Union makes "disintegration of the EU practically irreversible," and that the effects of Thursday's referendum will likely damage Britain.

Markets, George Soros Jun 25 2016

UPDATE 4-Germany's Merkel signals sober separation from EU "partner" Britain

BERLIN/HERMANNSWERDER, Germany, June 25 German Chancellor Angela Merkel called on Saturday for clear-headed negotiations with "close partner" Britain over its departure from the European Union.

Markets, Jun 25 2016

Brazil's Temer says women should retire earlier than men - paper

SAO PAULO, June 25 Brazil's interim President Michel Temer told local newspapers women should retire earlier than men, explaining why he did not support making a potential minimum retirement age equal for both sexes as his government tackles pension reform.

Regulatory News, Markets Jun 25 2016

Starved of resources, UK's most deprived town pins hopes on Brexit

OLDHAM, England, June 25 The son of Pakistani immigrants, Sajaad Ahmed voted to leave the European Union because he sees only one way to reverse a decades-long dwindling of resources in Britain's most deprived town: curb immigration.

Markets, Jun 25 2016

UPDATE 2-Scotland starts drive to stay in EU, independence option open-Sturgeon

EDINBURGH, June 25 Scotland's devolved government will start a drive to protect its European Union membership and will prepare for a possible fresh independence vote after Britain voted to exit the bloc, First Minister Nicola Sturgeon said on Saturday.

Currencies, Markets, Jun 25 2016

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