Market highlights

1 The People's Bank of China will let foreign central banks investing in its domestic interbank market remit funds without regulatory approval as Beijing aims to boost liquidity and restore confidence in the yuan.

2. About 13 million shares in Bats Global Markets will trade on Bats BZX Exchange in today's IPO, valuing the US exchange firm at US$1.8 billion (S$2.5 billion), more than twice the amount of its aborted 2012 listing bid, Bloomberg said.

3 Norway's sovereign wealth fund sold shares in 52 coal-dependent firms as part of a policy to fight climate change. The fund expects to exclude more companies in its investment universe amid the new rule.

4 The US$30 billion (S$41 billion) merger between Deutsche Boerse and LSE Group will support the EU's Capital Markets Union and lift growth, the head of the German exchange operator's biggest division told Reuters.

5 Property developer Oxley Holdings will sell 241 units at Plot 21 of the Royal Wharf Development in London for £59.9 million (S$115 million).

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A version of this article appeared in the print edition of The Straits Times on April 15, 2016, with the headline Market highlights. Subscribe