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INTERVIEW-Time right for EBRD's first east European chief says Belka

WARSAW, April 21- It is high time for an east European to run the European Bank for Reconstruction and Development after its 25 years of work in the ex-Soviet bloc, Polish central bank head and former prime minister Marek Belka said on Thursday. Belka hopes to replace current chief Suma Chakrabarti, a former British civil servant, in an election to be held during the...

Source: Reuters

COLUMN-Mining M&A still waiting for the good times to roll: Russell

LAUNCESTON, Australia, April 19- Wanted: One mine, just started or close to production, preferably gold, must be in secure country with high-quality ore body and low costs. The above shopping list was the most common response from investors when quizzed as to what they are looking for in the commodity sphere during last week's Mining Investment Asia conference in...

Source: Reuters

CORRECTED (OFFICIAL)-EBRD head says will tread carefully on further bank expansion

Chakrabarti also said the bank, which marks its 25th anniversary on Friday, would remain based in London regardless of whether Britain votes in June to leave the European Union. Created in 1991, the EBRD has evolved far beyond its original mandate of investing in ex-Soviet bloc states and it is now active in Turkey, Mongolia, North Africa and Jordan as well as euro...

Source: Reuters

UPDATE 1-China March coal output dips 4.5 pct on year - stats bureau

BEIJING, April 15- China produced 294 million tonnes of coal in March, down 4.5 percent from a year ago amid state-led efforts to restrict production and tackle a supply glut. Prices at the port of Qinhuangdao in Hebei province have gained 5.4 percent so far in 2016, suggesting that China's efforts to curb supplies are having an impact, although the values are...

Source: Reuters

FACTBOX-Where the EBRD's money has been spent over the last 25 yrs

LONDON, April 14- The European Bank for Reconstruction and Development marks its 25th anniversary on Friday. Here is a table showing the sectors and regions where the bank has invested its funds. For an interview with the bank's president click on and.

Source: Reuters

INTERVIEW-EBRD head says will tread carefully on further bank expansion

Chakrabarti also said the bank, which marks its 25th anniversary on Friday, would remain based in London regardless of whether Britain votes in June to leave the European Union. Created in 1991, the EBRD has evolved far beyond its original mandate of investing in ex-Soviet bloc states and it is now active in Turkey, Mongolia, North Africa and Jordan as well as euro...

Source: Reuters

Dinosaur skull owned by Nicolas Cage can back go to Mongolia

NEW YORK— A federal judge in New York has approved the transfer to Mongolia of a dinosaur skull once owned by "National Treasure" adventure films star Nicolas Cage. The order Wednesday by Manhattan Judge J. Paul Oetken will lead to shipment of the 32- inch-long fossil to the Asian nation. Prosecutors say it was looted from the Gobi Desert in Mongolia and was shipped...

Source: The Associated Press

COLUMN-A bright future but a stormy present for copper producers: Andy Home

LONDON, April 11- "In copper we trust." Such was the title of the presentation given by Jerry Jiao, vice president at China's Minmetals Group, at last week's CRU-CESCO conference in Chile. The problem for the copper industry executives meeting in Chile last week, however, is not the bright future but the stormy present.

Source: Reuters

World Bank: East Asian growth to remain over 6 pct in 2016

MANILA, Philippines— Growth in developing East Asia and the Pacific is expected to remain resilient despite the slowdown in China and a gloomy global outlook, the World Bank said Monday. The Philippines and Vietnam will lead growth in Southeast Asia. China, the world's second-biggest economy, is shifting from export and investment-led growth to a greater...

Source: The Associated Press

East Asia faces growth slowdown, World Bank warns

China's economic re-balancing will shave a few percentage points off its neighbors' growth outlook in the coming years, the World Bank announced on Wednesday.

Source: CNBC.com