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Ukraine crisis weighs on German investor morale in April

MANNHEIM, Germany (Reuters) - German analyst and investor sentiment fell for the fourth month in a row in April, a leading survey showed on Tuesday, dropping more than expected as the crisis in Ukraine continued to weigh on the outlook in Europe's largest economy. Mannheim-based think tank ZEW's monthly survey of economic sentiment slid to 43.2 from 46.6 in March, missing the consensus forecast in a Reuters poll for a drop to 45.0.

German investor sentiment falls in April

Investment sentiment in Germany slipped in April amid uncertainty about the fallout for Europe's top economy from the crisis in Ukraine, a new survey found on Tuesday. The widely watched investor confidence index calculated by the ZEW economic institute fell by 3.4 points to 43.2 points in April, it said in a statement. spm/hd

US suit accuses CME of favoring high-speed traders

A group of traders has sued exchange giant CME Group, alleging that its policies favored high-frequency traders and defrauded other investors. Three traders filed the complaint Friday in federal court in Illinois, accusing CME and its subsidiary the Chicago Board of Trade of falsely labeling as "real-time" price data that was sold to "the entire financial world." In reality, the complaint argues, CME charged high-frequency traders to see key data and trade upon that information before the rest of the market.

Mobius' emerging market dominance weakens as fund suffers record outflows

By Nishant Kumar HONG KONG (Reuters) - Mark Mobius' Templeton Asian Growth Fund, Asia's biggest equity mutual fund, suffered record outflows in the March quarter in a sign investors are losing faith with the emerging markets guru. Returns from Mobius' $11.7 billion fund from Franklin Templeton Investment missed the benchmark last year by the most in 14 years, after some of the stocks Mobius selected fell as a result of political unrest in Thailand and waning appetite for commodities in China.

Carlyle sees private-equity focus on emerging markets

By Guillermo Parra-Bernal RIO DE JANEIRO (Reuters) - The global private equity industry will focus more on emerging markets in coming years as Brazil and China become the leading global recipients of capital from the sector, a senior industry executive said on Monday.

Japan mulling reducing corporate R

The government is considering reducing tax breaks for corporate research and development if the corporate income tax rate is cut as sought by Prime Minister Shinzo Abe. At a meeting Monday, the government's Tax Commission, an advisory body to Abe, set out corporate tax reform proposals, including reducing the R&D tax credit, to offset the drop in revenue from a corporate income tax rate cut.

Japan mulling reducing corporate R

The government is considering reducing tax breaks for corporate research and development if the corporate income tax rate is cut as sought by Prime Minister Shinzo Abe. At a meeting Monday, the government's Tax Commission, an advisory body to Abe, set out corporate tax reform proposals, including reducing the R&D tax credit, to offset the drop in revenue from a corporate income tax rate cut.

France chops red tape to save firms billions of euros

By Emmanuel Jarry PARIS (Reuters) - A panel created by President Francois Hollande to cut red tape for French business announced 50 measures on Monday aimed at saving billions of euros a year, as his government seeks to revive a struggling economy. The measures will untangle a thicket of rules - including, for example, a requirement that bakers inform local police of their holiday plans - which are seen as preventing small and big business from flourishing in France.

Investors support deals spree, happy to see U.S. companies buy growth

By Soyoung Kim and Olivia Oran NEW YORK (Reuters) - After years of responding to shareholder calls for stock buybacks and dividends, major American companies are hearing a different demand from investors: buy growth. In a low-growth economy in which earnings gains have trailed a run-up in share prices, investors are ready to endorse big deals if that's what it takes to boost revenue and profits.

China's John Zhao seeks more targets in state sector reform

By Matthew Miller BEIJING (Reuters) - Hony Capital, the private-equity firm backed by Legend Holdings, is likely to deploy more capital in China's state-owned manufacturing and healthcare sectors as Beijing seeks to further restructure its government-owned companies. "This is a fabulous opportunity," said John Zhao, Hony Capital's founder and chief executive, in a recent interview. "We've accumulated a lot of strengths, experience and scars."
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