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[LONDON] Michael Bloomberg, the billionaire former mayor of New York City, said he is considering running for US president in 2016, the <i>Financial Times</i> reported on Monday.

[LONDON] New data-sharing rules could be introduced in Britain from the end of this year to encourage innovation and competition in banking, an industry working group said on Tuesday.

[Tokyo] Shares tumbled more than four per cent Tuesday, joining a global sell-off as a stronger yen dented exporters and after oil prices tanked again on fears of a worldwide economic slowdown.