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FACTBOX-How low can they go? Central bank policy easing around the world

LONDON, May 26- The central banks of Ukraine and Moldova cut interest rates on Thursday, marking an acceleration in the number of times monetary authorities around the world have eased policy in recent weeks to counter slowing growth or inflation. TURKEY May 24/ April 20/ March 24; Jan. 20. PARAGUAY May 24; June 18 1/ 8 file:/// C:/...

Source: Reuters

CORRECTED-(OFFICIAL)-Sovereign funds seek out yield in illiquid private debt funds

*$186.5 billion raised to invest in private debt at March 2016. LONDON, May 24- Demand from sovereign wealth funds seeking higher returns than those on mainstream bonds is helping drive a boom in specialist private debt vehicles that can provide loans for everything from aircraft leasing to lawsuit financing. Once a niche sector, the private debt industry's...

Source: Reuters

Sovereign funds seek out yield in illiquid private debt funds

*$186.5 billion raised to invest in private debt at March 2016. LONDON, May 24- Demand from sovereign wealth funds seeking higher returns than those on mainstream bonds is helping drive a boom in specialist private debt vehicles that can provide loans for everything from aircraft leasing to lawsuit financing. Once a niche sector, the private debt industry's...

Source: Reuters

UPDATE 2-Eldorado Gold exits China with sale of remaining mines, project

VANCOUVER, May 16- Eldorado Gold Corp will exit China after 11 years, selling its stakes in two mines and one development project there to Yintai Resources Co Ltd for $600 million in cash, the Canadian miner said on Monday. Eldorado, the largest foreign gold producer in China, has been looking for the past two years at ways to increase the market's valuation of its...

Source: Reuters

TAKE A LOOK-EBRD holds annual meeting, Chakrabarti wins second term at helm

LONDON, May 11- Britain's Suma Chakrabarti won a second four-year term as head of the European Bank for Reconstruction and Development on Wednesday, easily defeating Poland's central bank governor and former prime minister Marek Belka. The bank, which has invested around 100 billion euros since its creation in 1991, is meeting this week in London amid...

Source: Reuters

UPDATE 2-BHP Billiton joins Rio in shifting focus to growth

BRUSSELS/ MELBOURNE, May 11- BHP Billiton has talked up its future growth options, joining fellow mining giant Rio Tinto in marking a shift in focus after four years of aggressive cost cutting. BHP Chief Executive Andrew Mackenzie said the Spence copper project in Chile was now expected to cost less than $2.2 billion, 30 percent below earlier estimates, and would...

Source: Reuters

Convergence between eastern and western Europe fraying as EBRD leaders meet

*European Bank for Reconstruction and Development marks 25 years. LONDON, May 9- Twenty-five years after the European Bank for Reconstruction and Development was set up to integrate ex-Soviet bloc states into the world economy, the EBRD is finding its core region pulled apart by a wave of anti-establishment, anti-migrant sentiment. The bank, which has invested...

Source: Reuters

Alaska's governor reports receiving interesting gifts

JUNEAU, Alaska— When you're governor, you get swag— gifts that are protocol from other government officials or pleasantries from people you meet as part of your travels or duties. Since taking office, Alaska Gov. Bill Walker has reported receiving a wide array of gifts, from calendars, pins and booze to sea otter mittens from the Yakutat Tlingit Tribes, duck calls...

Source: The Associated Press

UPDATE 1-Rio's $5.3 bln go-ahead fuels hopes of end to Mongolia's hangover

ULAANBAATAR, May 9- Rio Tinto's long-awaited approval of a $5.3 billion extension for its giant Oyu Tolgoi copper mine is fuelling hopes of a revival at last for Mongolia, battered by a slowdown in neighbouring China that has left it deep in debt. Oyu Tolgoi, one of the world's largest undeveloped copper projects, has been a bellwether for Mongolia since its...

Source: Reuters

Rio's $5.3 bln go-ahead fuels hopes of end to Mongolia's hangover

ULAANBAATAR, May 9- Rio Tinto's long-awaited approval of a $5.3 billion extension for its giant Oyu Tolgoi copper mine is fuelling hopes of a revival at last for Mongolia, battered by a slowdown in neighbouring China that has left it deep in debt. Oyu Tolgoi, one of the world's largest undeveloped copper projects, has been a bellwether for Mongolia since its...

Source: Reuters