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Non-stop data to hit Wall Street after long weekend

U.S. stock index futures pointed to a lower open on Tuesday ahead of a hectic day of data releases, following the Memorial Day holiday weekend.
Source: CNBC.com | By: Jenny Cosgrave
UPDATE 2-FTSE takes cautious steps to including China-listed shares in benchmark

Expectations that yuan-denominated shares listed on the Shanghai and Shenzhen exchanges could make the cut have grown as reforms such as the Hong Kong-Shanghai Stock Connect scheme have helped open up China's stock market. "FTSE have offered a half-measure and that's not completely suprising given the intransigence with which a number of major index...
Source: Reuters | By: Michelle Price
UK might tighten bank capital rules as economy peaks-BoE's Taylor

LONDON, May 26- The next change to bank capital requirements in Britain is likely to be a tightening rather than a loosening as the economic recovery moves towards a peak, a Bank of England policymaker has said. Martin Taylor, a member of the BoE's Financial Policy Committee, said a global deal on banking standards was close and the industry in Britain was well...
Source: Reuters
Ahead of the Bell: US new-home sales

WASHINGTON- The Commerce Department reports on April sales of new homes Tuesday at 10 a.m. Eastern. SALES BUMP: Economists expect a 4 percent increase in new-home sales to a seasonally adjusted annual rate of 500,000, according to a survey by data the firm FactSet. The annual pace of housing starts jumped 20.2 percent from March to 1.14 million, the highest rate...
Source: The Associated Press
Non-stop data to hit Wall Street after long weekend

U.S. stock index futures pointed to a lower open on Tuesday ahead of a hectic day of data releases, following the Memorial Day holiday weekend.
Source: CNBC.com | By: Jenny Cosgrave
UPDATE 1-FTSE Russell unveils transitional indexes that include China A shares

*China could be included in key benchmark in two years. Inclusion in benchmark indexes could pour billions of dollars into China stocks over time. The two new emerging markets indexes would merge with the standard FTSE emerging markets index when China shares meet the provider's criteria, he said.
Source: Reuters | By: Michelle Price
Modi vows cleaner India, but no clear path to get there

NEW DELHI- Four months after becoming prime minister, Narendra Modi stunned Indians by picking up a crude straw broom and, holding it like a dance partner, gently sweeping at a small pile of green leaves on a New Delhi street. As he passes one year in office, India is as filthy as it ever was with some of the world's most polluted air, rivers stinking with sewage and more...
Source: The Associated Press | By: By KATY DAIGLE, AP Environment Writer
FTSE Russell unveils transitional indexes that include China A shares

The index provider said the two new emerging markets indexes will then merge with the standard FTSE emerging markets index when China shares meet the provider's criteria. Global index providers FTSE Russell and MSCI International have both been weighing whether to include locally-listed China' A' shares in their widely-tracked benchmarks following a...
Source: Reuters
Open skies in Australia: Will it draw carriers?

Australia may be weighing the possibly unprecedented step of allowing foreign airlines to offer domestic flights, but it isn't clear the skies down under are particularly attractive to outside carriers.
Source: CNBC.com | By: Leslie Shaffer
Shanghai Comp, Nikkei rewrite multi-year peaks

Asian shares largely rise, with markets in China and Tokyo taking the lead to clinch fresh multi-year highs, despite an absence of fresh cues offshore.
Source: CNBC.com | By: See Kit Tang