Dubai Islamic Bank sets sukuk pricing at tight end of final guidance

DUBAI, May 27 - Dubai Islamic Bank has set pricing for a benchmark dollar-denominated sukuk issue with a five year lifespan, which will price later on Wednesday, at 125 basis points over midswaps, a document from lead managers said.

7:33am EDT

Construction, material firms help European shares to rebound

LONDON, May 27 - European shares rebounded from a one-week low on Wednesday with the construction and materials sector leading the market higher after Holcim and Lafarge agreed with CRH on divestment plans.

BRIEF-Heilongjiang Kingland Technology's shares to halt trade pending announcement

Further company coverage: (Reporting by Hong Kong and Singapore newsrooms)

7:24am EDT

'Brexit' would be bad for business -Lloyd's of London CEO

LUXEMBOURG, May 27 - A British referendum decision to leave the European Union would damage the country's business prospects, Lloyd's of London Chief Executive Inga Beale said in Luxembourg on Wednesday.

7:14am EDT

UPDATE 1-ECB does not raise emergency funding cap for Greek banks -source

ATHENS, May 27 - The European Central Bank on Wednesday did not raise a ceiling on emergency funding for Greek banks in a weekly review for the first time since February, a banking source said, adding financial pressure as the country scrambles to stay solvent.

Bonds, Markets, 7:14am EDT


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